Answer:
k/11 =7
Step-by-step explanation:
k divided by 11 is 7
k/11 =7
Multiply each side by 11
k/11*11 = 7*11
k = 77
The question does not seem complete, but I'll represent the statement mathematically and look for their ages each. This is because the worst they can ask for is their ages.
Let C stand for Courtney's age, A for Andrei's age, N for Natalie's age and S for Shari's age. From the question we can deduce the following:
C = 2A
C = N + 3
C = S/2
S - N = C + A
S = 2C, N = C - 3 and A = C/2, therefore we have
2C - (C - 3) = C + C/2
C + 3 = C + C/2
C/2 = 3 and C = 6
A = C/2
A= 6/2
A = 3
N = C - 3
N = 6 - 3
N = 3
S = 2C
S = 2 x 6
S = 12.
C = 6, A = 3, N = 3 and S = 12
Answer:
6.9%
Step-by-step explanation:
Interest rate is the one variable in an amortization formula that cannot be determined explicitly. An iterative solution is required, which means the computation must be done by a calculator, spreadsheet, or web site.
My TI-84 TVM Solver tells me that for the given loan amount and payment schedule, the APR is about 6.9%.