Barbara got a flat tire and does not have a spare. she needs her car for work, so she goes to a business that offers payday loans in order to get the money to buy a new tire. she borrows $75 and plans to pay it back when she gets paid in 8 days. barbara is charged a fee of $15 and the term on her loan is 8 days. approximately what is the annual percentage rate on her loan? a. 228% b. 487% c. 913% d. 973%

Answers

Answer 1

The annual percentage rate of the loan is approximately 913%. option c is correct.

What is the annual percentage?

The yearly interest earned by an amount charged to borrowers or paid to investors is referred to as the annual percentage rate.

APR is a percentage that indicates the real annual cost of money for a loan or investment over the period of the loan.

The amount borrowed =  $75

no of days =8 days

Fees charged = $15

The annual percentage is found as;

[tex]\rm r = \frac{final \ value}{initial \ value } -1 \\\ \rm r = \frac{f 90}{75 } -1 \\\\ r=0.20 \\\\[/tex]

If the rate of interest is  20% then the annually the rate is obtained as;

[tex]\rm r_{annual}= \frac{0.20}{8 \ days} \times \frac{365}{1 \ year} \\\\ \rm r_{annual}=913 /year[/tex]

Hence the annual percentage rate of the loan is approximately 913%. option c is correct.

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Answer 2

Answer:

C

Step-by-step explanation:

Barbara got a flat tire and does not have a spare. She needs her car for work, so she goes to a business that offers payday loans in order to get the money to buy a new tire.  She borrows $75 and plans to pay it back when she gets paid in 8 days. Barbara is charged a fee of $15 and the term on her loan is 8 days. Approximately what is the annual percentage rate on her loan?

a.

228%

b.

487%

c.

913%

d.

973%

C


Related Questions

Determine the monthly payment of a loan for $3,000 at 7.5% interest compounded monthly for 36 months. a. $93.32 b. $95.40 c. $211.33 d. $253.60 please select the best answer from the choices provided a b c d

Answers

The monthly payment of a loan for $3,000 at 7.5% interest compounded monthly for 36 months is $93.32.

loan amount P = $3000

Rate of interest = 7.5% per annum

So, monthly rate of interest r= 7.5/12 %

Tenure n = 36 months

What is the formula to calculate monthly payments?

The formula to calculate monthly payments is given

[tex]EMI=\frac{Pr}{1-(r+1)^{-n} }[/tex]...........(1)

Where P =loan amount

r = monthly rate of interest

n=tenure

So by substituting the given values in (1) the monthly payment = $93.32

Hence, the monthly payment of a loan for $3,000 at 7.5% interest compounded monthly for 36 months is $93.32.

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What is the product of the binomials (4a – 1) and (2b 3)? 18ab – 3 8a2b2 10ab – 3 6ab 7a – 2b – 3 8ab 12a – 2b – 3

Answers

Binomials are polynomials with two terms.The product of the binomial (4a-1) and (2b+3) is 8ab+12a-2b-3.

What are polynomial?

Polynomial is an expression that consists of indeterminates(variable) and coefficient, it involves mathematical operations such as addition, subtraction, multiplication, etc, and non-negative integer exponentials.

The product of the binomial can be done as,

[tex](4a-1) \times (2b+3)\\\\= (4a \times 2b)+(4a \times 3)+(-1 \times 2b)+(-1\times 3) \\\\= 8ab+12a-2b-3[/tex]

Thus, the product of the binomial (4a-1) and (2b+3) is 8ab+12a-2b-3.

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Answer:

Answer is D

Step-by-step explanation:

i just need the answer to it and then ill do the labels​

Answers

Answer:

x = 23

Step-by-step explanation:

2x -3 + 47 = 90

2x = 46

x = 23

y=65x+50
what is this equation equal

Answers

It would equal itself. Nothing further can be done with y=65x+50, unless it is to be graphed.

Describe two ways to determine the maximum or minimum of the quadratic function f(x)= -3x²+27x-42. Find the maximum or minimum using each method

Answers

Answer:

Find by using 1st derivative test (tests slope) or 2nd derivative test (test concavity). Maximum is 18.75.

Step-by-step explanation:

The maximum of the equation is found when the slope is 0; therefore, take the derivative of the equation, find the critical point and find whether the function is increasing or decreasing around the critical point. To do this use test values within the interval of (-∞, 4.5) and (4.5, ∞). You then find that (-∞, 4.5) is increasing meaning there is a maximum. Plug in 4.5 into f(x) to find the y value.

Second method is using the 2nd derivative test. Find the second derivative and use the same method of testing intervals but instead plugging in test values to the 2nd derivative. You then find that f''(x) is < 0 meaning the function is concave down, thus having a maximum. Plug in 4.5 to find the y value.

At a neighbor's garage sale, Rodrigo purchased a big bag of assorted bolts, nuts, screws, and washers. He picks a piece out of the bag, records its type, puts it back in the bag, and mixes them up. He does this 18 times and counts 3 bolts, 6 nuts, 5 screws, and 4 washers.
Based on the data, what is the probability of choosing a washer?
Write your answer as a fraction or whole number.

Answers

The answer is 4/18 chance of picking a washer. Or a 22.222-% chance. Or simplify your fraction answer to get a 2/9 chance.

Explanation:
Sample space (or possible outcomes) is 3b, 6n, 5s, and 4w.

Formula: P(Washer) = 4/18

If you need a picture\/

The circumference of a circle is 15(pie) centimeters. what is the area Of the circle in terms of (pie)

Answers

Answer:

56.25π cm^2

Step-by-step explanation:

circumference = 15π

diameter*π = circumference

diameter = 15π/π

radius*2 = diameter

radius*2 = 15

radius = 7.5

area = π*radius^2

area = π*7.5^2

area = 56.25π

Answer:

A = 56.25π cm²

Step-by-step explanation:

the area (A) of a circle is calculated as

A = πr² ( r is the radius )

to find r use the circumference formula

C = 2πr

given C = 15π , then

2πr = 15π ( divide both sides by 2π )

r = 7.5 cm

then

A = π × 7.5² = 56.25π cm²

Lauren made a scale drawing of a city park. The scale she used was 1 centimeter : 8 meters. If the soccer field is 14 centimeters long in the drawing, how long is the actual field?

Answers

Answer:

112

Step-by-step explanation:

1:8

14:x

8x14=112

X=112

Answer:

112 m

Step-by-step explanation:

1 cm : 8 m

14 cm : ?

= 14 x 8

= 112 m

Fred is training for a cross-country race. At practice last week, he ran 6. 25 miles in 1
1
4
hours. At that speed, how long would it take Fred to run 8. 5 miles?

Answers

Answer:

1.36

Step-by-step explanation:

Answer:

1.7 hours

Step-by-step explanation:

IXL is pain.

HELP PLEASE ASAP!!!

Carol asked a random sample of 10 seventh grade student athletes and 10 seventh grade students who are not athletes how much time, in minutes, they spend studying each weeknight. She recorded her results in the table

Student Athletes: 103, 62, 21, 100, 140, 65, 124, 45, 86, 114
Not Student Athletes: 101, 135, 122, 43, 110, 62, 31, 80, 67, 126


A) Calculate the mean and median data values for the student athletes sample

B) Calculate the mean and median data values for the not student athletes sample.

C) When comparing the two samples, what conclusions can you draw about which group spends more time studying each weeknight?

Answers

Answer:i dont know sorry but i think its c

Step-by-step explanation:

Dana made a paper box that is 8 in. long, 5 in. wide, and 1in. high. It is shaped like a rectangular prism. What is the surface area of the box?

Answers

Surface area = 106 in^2

hope someone answer it​

Answers

Answer:

9)  A.  ∠1 and ∠3

10)  B.  Angle 2

11)  B.  110°

12)  B.  70°

Step-by-step explanation:

Vertical angles:  a pair of opposite angles formed by two lines intersecting.  Vertical angles are congruent.

The vertical angles in the given diagram are ∠1 and ∠3  AND  ∠2 and ∠4

These pairs of angles are equal, so: ∠1 =∠3  AND ∠2 =∠4

Therefore:

If ∠1 = 110°  then  ∠3 = 110°

If ∠2 = 70°  then  ∠4 = 70°

What is the solution for the equation startfraction 5 over 3 b cubed minus 2 b squared minus 5 endfraction = startfraction 2 over b cubed minus 2 endfraction? b = –4 and b = 0 b = –4 b = 0 and b = 4 b = 4

Answers

An equation is formed of two equal expressions. The solution of the equation is 4.

What is an equation?

An equation is formed when two equal expressions are equated together with the help of an equal sign '='.


The solution of the equation can be written as,

[tex]\dfrac{5}{3b^3-2b^2-5} = \dfrac{2}{b^3-2}\\\\5(b^3-2) = 2(3b^3-2b^2-5)\\\\5b^3-10=6b^3-4b^2-10\\\\5b^3-10-6b^3+4b^2+10=0\\\\-b^3+4b^2=0\\\\b^2(-b+4)=0\\\\-b+4=0\\\\-b=-4\\\\b=4[/tex]

Thus, the solution of the equation is 4.

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Answer:

c

Step-by-step explanation:

If f (x) = startroot one-half x minus 10 endroot 3, which inequality can be used to find the domain of f(x)? startroot one-half x endroot greater-than-or-equal-to 0 one-half x greater-than-or-equal-to 0 one-half x minus 10 greater-than-or-equal-to 0 startroot one-half x minus 10 endroot 3 greater-than-or-equal-to 0

Answers

A function assigns values. The inequality one-half x minus 10 greater-than-or-equal-to 0 should be satisfied.

What is a Function?

A function assigns the value of each element of one set to the other specific element of another set.

The domain of a function is a set of values for which the equation is satisfied. Since the function has under root values, the value which is under the root should be non-negative so that it does not give a complex number,  therefore,

The inequality [tex]\sqrt{\dfrac12x^2-10}\geq 0[/tex]satisfied to find the domain of the function f(x).

Also, we can write that 0.5x²-10≥0 for the value to be positive.

Hence, the inequality one-half x minus 10 greater-than-or-equal-to 0 should be satisfied.

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Shaunta is developing a recursive formula to represent an arithmetic sequence in which 5 is added to each term to determine each successive term. which formula could represent her sequence? f(n 1) = f(n) 5 f(n 1) = f(n 5) f(n 1) = 5f(n) f(n 1) = f(5n)

Answers

Answer:

f(n+1) = f(n)+5

Step-by-step explanation:

So lets say

f(1)=5

f(2)=10

1+1=2 so

f(2)=f(1+1)

therefor

f(n+1)=f(n)+5 since the difference of the functions is 5

the answer is A f(n+1)=f(n)+5

we know that

An arithmetic sequence is a sequence of numbers which increases or decreases by a constant amount each term

In this problem

the sequence of numbers increase by a constant amount equal to

5

each term

so

f(2)=f(1)+5

f(3)=f(2)+5

f(4)=f(3)+5

.

.

f(n+1) = f (n) + 5

therefore

the answer is the option

f(n + 1) = f(n) + 5

Answer:

A

Step-by-step explanation:

What's the equation of the line that passes through the points (–8,4) and (0,22)?

Answers

Answer:

c

Step-by-step explanation:

Find the solution to the equation below.

Answers

Answer:

Answer is G 1.5

Step-by-step explanation:

1. Distribute the 5 to x and 2 by multiplying. and the 7 to the 4 and -x by multiplying

2. carry over the 7x by adding it to 5x. to get x to one side.

3. subtract 10 from both side

4. Divide both side by 12

5. simplify and convert to decimal

How do I do this? :(

Answers

a rectangular prism has 6 faces: the top and bottom, the sides, the front, and the back

the top and the bottom have the same area, the sides have the same area, and the front and back have the same area

let’s find the sides first:
to find the area of the sides, multiple 19 and 7

19x7=133

since there’re two sides (the left and right), you have to multiply the 133 by 2

133x2=266

now, let’s do the top and bottom:
multiply 48 and 19, since those are the dimensions

48x19=912

multiply this also by two bc the top and the bottom have the same area

912x2=1824

lastly, let’s find the front and back

multiply 48 and 7 to get 336

multiply that again by 2 to get 672

now, add up the three numbers we just found:

266+1824+672=2762

the surface area should be 2762

hope this helped!!

Answer:

2762 in²

Step-by-step explanation:

The total surface area of a figure is the sum of the areas of its faces.

Area of rectangle= length ×breadth

Assuming that this is a closed box, the total surface area is the total area of its 6 rectangular faces.

Two rectangles have dimensions of 7 in. ×19 in., another two rectangles have dimensions of 48 in. ×7 in., and the last two rectangles have dimensions of 48 in. ×19 in.

Surface area of the figure

= 2(7)(19) +2(48)(7) +2(48)(19)

= 266 +672 +1824

= 2762 in²

find the value of x.

Answers

Answer: 7.2

Step-by-step explanation:

One company makes inflatable swimming pools that come in four sizes of rectangular prisms.

The length of each pool is twice the width and twice the depth.

The depth of each pool is a whole number from 3 to 6 feet.

If the pools are filled all the way to the top, what is the volume of each pool?

Answers

Answer:

Pool 1:  2(3)*3*3= 54 ft^3

pool 2: 2(4)*4*4= 128 ft^3

Pool 3: 2(5)*5*5= 250 ft^3

pool 4:  2(6)*6*6= 432 ft^3

Step-by-step explanation:

length can be modeled by twice the width or twice the depth which means that deapth=width,

both the width and the depth are equal, hence

L= 2x

W=X

x=3,4,5,6 (which are values for depth as well as width)

susbtitute values:

Pool 1:  2(3)*3*3= 54 ft^3

pool 2: 2(4)*4*4= 128 ft^3

Pool 3: 2(5)*5*5= 250 ft^3

pool 4:  2(6)*6*6= 432 ft^3

1.) The ratio of the number of men to the number of women in a concert is 3 : 5. If there are 4800 people at the concert, how many are men? How many are women?


2.) Alice can type 65 words in 1 min. How many minutes would it take her to type an essay 2275 words long?


3.) Mrs. Ong divided her property worth P 3, 480, 000 between her two children in the ratio of 3 : 5. How much was the bigger share?


4.) In 2 minutes , Mario can run 1800 m. How far can he run in 6 min?



5.) Cielo gets 2 hits out of every 3 times at bat. If she got 16 hits, how many times was it at bat?

6.) Three friends shared in the capital of putting up a computer business in the ratio of 4 : 5 : 6. If the total amount of capital is P450 000, how much was the smallest share?

Answers

1)soln
Let ratios be 3x and 5x respectively

Now,
3x+5x=4800
X=600
Then
No of men=3x=1800
No of women=5x=3000

2)soln
2275/65=35min

3)soln
3x+5x=480000
X=60000
3x=180000
5x=300000

4)soln
In 1 min mario can run 900m so
In 6 min mario can run 6*900=5400m

Answer:

1.) men: 1800, women: 3000

2.)2275/65 = 35 mins

3.)P 2,175,000

4.) 5400 in 6 mins

5.) Probably 5?

6.) P 120 000

Step-by-step explanation:

The area of a rectangle is 46.56 mm2.
If the width is 9.7 mm, find the length.

Answers

Answer:

The length is 4.8 mm

Step-by-step explanation:

The area of a rectangle is calculated by multiplying the length times the width. So:

46.56 = l * w

46.56 = l * 9.7

To find the length, we must get "l" alone. To do this, we must divide both sides by 9.7.

46.56/9.7 = 4.8

4.8 = l

The length is 4.8

What is 0. 5¯7 expressed as a fraction in simplest form?

Answers

Answer:

5/7 cannot be simplified any further

Step-by-step explanation:

8) WILL GIVE BRAINIEST TO BEST ANSWER
find the equations use to solve
Graphing!

Answers

Answer:

A: y= -1x+1

B: y= 1/3x-3

Step-by-step explanation:

slope intercept form

y=mx+b

4. A liter is equal to 1000 cm3. How many liters of water are needed to fill a cylindrical tank that is 1.1 m long and a radius of 0.3 m? A. 150.72 L B. 200.27 L C. 300.72 L D. 310.86 L hold nn ml water How much​

Answers

Answer:

D.  310.86 L

Step-by-step explanation:

[tex]\textsf{Volume of a cylinder}=\pi r^2h[/tex]

where:

[tex]r[/tex] is the radius[tex]h[/tex] is the height

Given:

r = 0.3 mh = 1.1 m[tex]\pi[/tex] = 3.14

[tex]\implies \sf \textsf{Volume of the tank}=(3.14)(0.3)^2(1.1)=0.31086\:m^3[/tex]

[tex]\sf 1\:liter = 1000\:cm^3[/tex]

To convert cubic cm to cubic meters, divide by 1,000,000:

[tex]\implies \sf 1\:liter =\dfrac{1000}{1,000,000} = 0.001\:m^3[/tex]

[tex]\implies \sf \textsf{Volume of the tank}=\dfrac{0.31086}{0.001}=310.86\:L[/tex]

Sharon has at most $25 to spend on her sister's birthday gift. She already bought a knitting machine for her, which cost $14.99. She would also like to get her sister some skeins of yarn to go with it. Each skein costs $2.75. Write an inequality to represent this problem. Use y to represent the number of skeins of yarn. What is the most number of skeins Sharon can afford to buy? Justify your answer in two or more complete sentences.

Answers

Answer:

$25 >= 14.99+2.75x

Step-by-step explanation:

25 - 14.99 = 10.01

10.01 divided by 2.75 = 3.64.

Sharon can get 3 skeins of yarn for her sister.

Since after the knitting machine, she is only
left with approximately $10 that leaves her able to get 3 skeins of yard with change left over. Since 3 skeins would cost 8.25, that would only leave Sharon with $1.75. Which would not be enough to buy another skein

Find the SURFACE AREA of the shape below.

Answers

Answer:

total surface area 84.72 m2

lateral surface area 68.44 m2

top surface area 8.14 m2

bottom surface area  8.14 m2

m2= squared btw

PLS HELP ASAP Cassandra earns $12. 98 an hour working at Key Food. How much money will she earn this month, if she works 36. 7 hours? Round the amount of time to the nearest hundredth. ​

Answers

the answer is 476.363 but you may need to round it

Find x and y... Thanks!

Answers

X= 24
But y Iam 60
Did the teacher add them together

Triangle ABC is similar to triangle WYZ.


Select all angles whose cosine equals 3/5

Angle Y



Angle A



Angle B



Angle C



Angle W



Angle Z

Answers

Answer:

∠B

∠Y

Step-by-step explanation:

we know that

In the right triangle ABC

----> opposite side to angle B divided by the adjacent side to angle B

substitute the values

Remember that

If two triangles are similar, then the corresponding sides are proportional and the corresponding angles are congruent

so

∠A=∠W

∠B=∠Y

∠C=∠Z

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