Answer:
APR = 416%
EAR = 5370.60%
Step-by-step explanation:
Given:
Interest rate = 7.8% per week
Now,
In an year there are total 52 weeks
thus,
The APR (Annual percentage rate) = Interest rate × Total weeks in an year
or
APR = 8% × 52
or
APR = 416%
and, EAR ( Effective Annual Rate ) = ( 1 + r )ⁿ - 1
Here,
r is the interest rate per week
n is the total weeks in an year
thus,
EAR ( Effective Annual Rate ) = ( 1 + 8% )⁵² - 1
= ( 1 + 0.08 )⁵² - 1
= 53.7060
or
53.7060 × 100% = 5370.60%
Answer:
1/6 becuase there are 6 sides on a dice
Answer: 12
Step-by-step explanation: 6+6=12
Answer:
(x, y) = (- 2, 5)
Step-by-step explanation:
given the 2 equations
3y = 11 - 2x → (1)
3x = y - 11 → (2)
Rearrange (2) expressing y in terms of x
add 11 to both sides
y = 3x + 11 → (3)
Substitute y = 3x + 11 into (1)
3(3x + 11) = 11 - 2x
9x + 33 = 11 - 2x ( add 2x to both sides )
11x + 33 = 11 ( subtract 33 from both sides )
11x = - 22 ( divide both sides by 11 )
x = - 2
Substitute x = - 2 in (3) for corresponding value of y
y = (3 × - 2) + 11 = - 6 + 11 = 5
As a check
substitute x = - 2, y = 5 into (1) and (2) and if the left side equals the right side then these values are the solution.
(1) : left side = (3 × 5) = 15
right side = 11 - (2 × - 2) = 11 + 4 = 15 ⇒ left = right
(2) : left side = (3 × - 2 ) = - 6
right side = 5 - 11 = - 6 ⇒ left = right
solution = (- 2, 5 )
