Answer:
The APR of the loan was 18.30%.
Step-by-step explanation:
Given that a student has a total of $ 3000 in student loans that will be paid with a 48-month installment loan with monthly payments of $ 73.94, to determine the APR of the loan to the nearest one-half of a percent the following calculation must be done:
3,000 = 100
(73.94 x 48) = X
3,000 = 100
3,549.12 = X
3,549.12 x 100 / 3,000 = X
354,912 / 3000 = X
118.30 = X
118.30 - 100 = 18.30
Therefore, the APR of the loan was 18.30%.
Answer:
x = -19
Step-by-step explanation:
Answer:
Step-by-step explanation:
when y=4
x=4-3=1
when y=8
x=8-3=5
when y=5
x=5-3=2
Answer:
The frequency table is shown below.
Step-by-step explanation:
(i) Half of the tuna sandwich were on white bread = 21
On brown bread, tuna = 42 - 21 = 21
(ii) 25% of the ham sandwiches sold were on brown bread.
= 25% (32) = 8
On white bread, 32 - 8 = 24
Frequency table:
Tuna Cheese Ham Total
Brown 21 11 8 40
White 21 15 24 60
Total 42 26 32 100
