Lane French had a bad credit rating and went to a local cash center. He took out a $100 loan payable in two weeks at $111.50. What is the percent of interest paid on this loan? (Do not round intermediate calculations. Round your answer to the nearest whole percent.)

Answers

Answer 1

Answer:$15 = 100 x rate x (2/52)

The 2/52 represents 2 weeks out of 52 weeks in a year

So 15/100 = rate x (2/52)

.15 = rate x (2/52)

If you divide by (2/52) on both sides, you get: 3.9 = rate

Don't be fooled by this answer, because it is not in percent form. In order to get it into percent form you need to multiply by 100. So the percent of interest paid on the loan is 390%.

In a lot of these problems you can predict around the percentage before you even do the problem. In this problem, you can tell that the percentage is going to be high because the loan has accrued $15 interest in just two weeks (15% in just two weeks!)

So if there is 15% interest in two weeks, you know it is going to be a very high annual percentage.

I am very confident that this is the answer, if you can check the answer with your online homework I would do so and send me a message to let me know. Also, if you need more clarification I am happy to message you more without a charge. Let me know!!$15 = 100 x rate x (2/52)

The 2/52 represents 2 weeks out of 52 weeks in a year

So 15/100 = rate x (2/52)

.15 = rate x (2/52)

If you divide by (2/52) on both sides, you get: 3.9 = rate

Don't be fooled by this answer, because it is not in percent form. In order to get it into percent form you need to multiply by 100. So the percent of interest paid on the loan is 390%.

In a lot of these problems you can predict around the percentage before you even do the problem. In this problem, you can tell that the percentage is going to be high because the loan has accrued $15 interest in just two weeks (15% in just two weeks!)

So if there is 15% interest in two weeks, you know it is going to be a very high annual percentage.

I am very confident that this is the answer, if you can check the answer with your online homework I would do so and send me a message to let me know. Also, if you need more clarification I am happy to message you more without a charge. Let me know!!

Step-by-step explanation:


Related Questions

there are 5,280 feet in 1 mile. if Riley ran 26,400 feet how many miles did she run​

Answers

Riley ran 5 miles .

Travel time data is collected on an arterial. With 30 runs, an average travel time of 152 seconds is computed over the 2.0 miles length, with a computed standard deviation of 17.3 seconds.

Required:
a. Compute 95% confidence bounds on your estimate of the mean.
b. Was it necessary to make any assumption about the shape of the travel-time distribution?

Answers

Answer:

a

 The 95% confidence bounds is  [tex] 145.80 <  \mu <   158.19 [/tex]

b

It was not necessary to make any assumption about the shape of the travel  time distribution

Step-by-step explanation:

From the question we are told that

 The sample size is  n =  30  

  The sample mean  is  [tex]\=x = 152[/tex]

   The standard deviation is  [tex]\sigma = 17.3 \ second[/tex]

From the question we are told the confidence level is  95% , hence the level of significance is    

      [tex]\alpha = (100 - 95 ) \%[/tex]

=>   [tex]\alpha = 0.05[/tex]

Generally from the normal distribution table the critical value  of  [tex]\frac{\alpha }{2}[/tex] is  

   [tex]Z_{\frac{\alpha }{2} } =  1.96[/tex]

Generally the margin of error is mathematically represented as  

      [tex]E = Z_{\frac{\alpha }{2} } *  \frac{\sigma }{\sqrt{n} }[/tex]

=>    [tex]E =  1.96 *  \frac{17.3 }{\sqrt{30} }[/tex]

=>     [tex]E = 6.19  [/tex]  

Generally 95% confidence bounds  is mathematically represented as  

      [tex]\= x -E <  \mu <  \=x  +E[/tex]

=>  [tex]152  -6.19 <  \mu <  152  -6.19[/tex]

=> [tex] 145.80 <  \mu <   158.19 [/tex]

This 95% confidence bounds show that there is 95% confidence that the true mean lies within this bound hence there is it was not necessary to make any assumption about the shape of the travel  time distribution

–8(n + 7) >-96??????????????

Answers

Answer:

D) n<5

Step-by-step explanation:

Simplify.
9a +4b+4+4a +5b+7

Answers

Answer:

13a + 9b + 11

Step-by-step explanation:

9a + 4a = 13a4b + 5b = 9b4 + 7 = 11Put them together: 13a + 9b + 11

I hope this helps!

Answer:

13a+ 9b+ 11

Step-by-step explanation:

9a+4a= 13a

4b+ 5b= 9b

4+7=11


a) how would you work out 4 1/3 x 6?

Answers

I think you would work it by timing the 6 and 4

The solution of the expression 4¹/₃ x 6 will be 26.

What is an expression?

The mathematical expression combines numerical variables and operations denoted by addition, subtraction, multiplication, and division signs.

Mathematical symbols can be used to represent numbers (constants), variables, operations, functions, brackets, punctuation, and grouping. They can also denote the logical syntax's operation order and other properties.

Given that the expression is 4¹/₃ x 6. The expression of multiplication will be solved as below,

E =  4¹/₃ x 6

E = ( 13 / 3 0 x 6

E = 13 x 2

E = 26

Hence, the solution will be 26.

To know more about an expression follow

https://brainly.com/question/28773316

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A population’s instantaneous growth rate is the rate at which it grows for every instant in time. Function r gives the instantaneous growth rate of a fruit fly population x days after the start of an experiment.

r(x) = 0.05(x^2 + 1)(x - 6)

Consider the graph of function r.

Function r has (blank) and (blank). Based on the instantaneous growth rate, the population decreased (blank) hours and the population increased (blank) hours.

Answers

Answer:

Decreased 4 days-96 hours

Increased 6 days-144 hours

Step-by-step explanation:

In order to solve this you just have to look at the graph and after the start of the experiment which is basically the origin of the graph and as you can see immidiately goes down after the start and it reaches the turning point in the day four which is when the graph starts to go up in the Y axis, so that day it would start the increase, and it increases from day 4 to 10 that would be 6 days, and the decrease would be from the origin to day 4.

Solve −3−4x≤21.


A
x≤−6

B
x≥6

C
x≥−6

D
x≤4

Answers

Answer: A

Step-by-step explanation:subtract then multipy the see which one is least to greaest

What is the solution to the equation? √x - 3 + 1 = 6
A. 64
B. 46
C. 28
D. 22

Answers

The solution of the given equation √x - 3 + 1 = 6 will be x = 64 so option (A) will be correct.

What is the equation?

An equation can be defined in numerous ways. Algebraically speaking, an equation is a statement that shows the equality of two mathematical expressions.

For example 8x + 7y = 15.

Given the equation,

√x - 3 + 1 = 6

√x + (-3 + 1) = 6

√x - 2 = 6

√x = 6 + 2 = 8

By squaring

x = 8² = 64.

Hence "The solution of the given equation √x - 3 + 1 = 6 will be x = 64".

For more about the equation,

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Answer:the correct answer is C.28

Step-by-step explanation:

The Complex Conjugate of 2 + 5i is equal to: _______+_________i

Answers

Answer:

2 - 5i

Step-by-step explanation:

For any complex number like say "z" written in rectangular form as;

z = a + ib, then from definitions the complex conjugate is given by the relation:

z* = a − ib

Now, from our question, we want to find the complex conjugate of 2 + 5i.

From the relationship above, it's clear that the complex conjugate here is;

2 - 5i

What is the y intercept of the line graphed on the grid? (-6, -8) (2,-2)

Answers

Did this today on a test lol.

(0,-7/2)

List and describe the characteristics of a wave

Answers

Answer:

Crest = Highest point of the wave.

Trough = Lowest point of the wave.

Wavelength = Distance from one crest/trough to the next (m)

Wave Height = Height from trough to crest (m)

Wave steepness = ratio of wave height to wavelength.

Amplitude = distance from the centre of wave to the bottom of the trough (m)

Step-by-step explanation:

A simple random sample of 100 men is chosen form a population with mean height 71 in and standard deviation 2.5 in. What is the probability that the average height of the men in the sample is less than 70.5in?

Answers

Answer:

2.28%

Step-by-step explanation:

The z score is used to determine how many standard deviations that the raw score is above or below the mean. If the z score is positive then the raw score is above the mean and if it is negative then it is below the mean. It is given by:

[tex]z=\frac{x-\mu}{\sigma}\\ \\\mu = mean, \sigma=standard\ deviation,x=raw\ score\\\\For\ a\ sample\ n\\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }\\\\For\ x<70.5\ in\\\\Given \ that\ n=100, \mu=71\ in, \sigma=2.5\ in\\\\z=\frac{70.5-71}{2.5/\sqrt{100} }=-2\\\\From\ normal\ distribution\ table, P(x<70.5)=P(z<-2)=0.0228=2.28\%[/tex]

Find 23÷16 . Write in simplest form

Answers

Answer:

1 17 duhhhhhh

Step-by-step explanation:

Answer:

1 1/7

Step-by-step explanation:

How do you solve this problem ?

Answers

Answer: 7.04

Step-by-step explanation:

Subtract 154.94- 147.88 because its asking how much more you made on the second paycheck then the first. So in order to get the answer subtract

1. which group weighed the most per item on the scale? how much did it weigh?

which group weighed the least per item on the scale? how much did it weigh?

And also complete the table.

Please help it is due right now ASAP​

Answers

Answer:

cars weighed the most per item and desks the least

if f (x) = 2/3x² + 8x, what is the value of f(6)?

Answers

Answer:

72

Step-by-step explanation:

replace the variable of x with 6 in the equation.

72

to evaluate f(6) substitute x = 6 into f(x). f(6)=23×(6) 2+(8×6). ×x=23 1×36 12+48. ×x=24+48=72.

Please help will mark brainliest ! Sampling methods

Answers

Answer:

i think it is b

Step-by-step explanation:

Answer:

a to e

Step-by-step explanation:

Sandra sets the cruise control in her car to 67 miles per hour when she goes on road trips. Which equation can be used to find how many hours, h, it will take her to drive m miles at her constant speed?

Answers

Answer:

A. [tex]\frac{m}{65} = h[/tex]  

I hope this helps!

Maria needs 3/4 of a cup of sugar for one serving of her recipe. How many cups of sugar will she need for 5 servings?

Answers

Answer:

3.75 cups of sugar. I think

Answer:

3 3/4

Step-by-step explanation:

3/5 times 5

1.multiiply the numerator by 5

The numerator is the top number which is 3 in this case

So 3x5 is 15

You keep the denominator 4

so 15/4 that is an improper fraction now divide 15 by 4

or count by fours

4,8,12,16

16 is more than 15 so the new numerator is 12 and how many times did we count to fours? 3 times

so 3 is a whole now subtract the 12 you already took with 15. 3 is the extra so 3 wholes and 3 extras which is 3 3/4

*remember you keep the denominator the same

Quadrilateral EFGH is a scaled copy of quadrilateral ABCD. Select the true statement.

Answers

Answer:

segment EF is twice as long as segment AB

Step-by-step explanation:

Quadrilateral EFGH and quadrilateral ABCD are similar polygons. We can say that two polygons are similar if their corresponding angles are equal to each other and their corresponding sides are proportional to each other.

From the image attached, we can see that side CD and side GH are corresponding sides. The ratio of their sides are to be proportional.

GH / CD =  12 / 6 = 2

Therefore Quadrilateral EFGH is twice the size of Quadrilateral ABCD. Since side EF and side AB are proportional, therefore segment EF is twice as long as segment AB

New help math please I am stuck

Answers

Answer: Can u post a question?

Step-by-step explanation:

In ΔCDE, \text{m}\angle C = (x-4)^{\circ}m∠C=(x−4) ∘ , \text{m}\angle D = (11x-11)^{\circ}m∠D=(11x−11) ∘ , and \text{m}\angle E = (x+13)^{\circ}m∠E=(x+13) ∘ . Find \text{m}\angle C.m∠C.

Answers

Answer:

The measure of C is 10°

Step-by-step explanation:

In a triangle CDE, its internal angles are given:

C=x-4

D=11x-11

E=x+13

Since the sum of the internal angles of a triangle is 180°:

x-4+11x-11+x+13=180

Simplifying:

13x-2=180

Adding 2:

13x=182

Solving:

x=182/13

x=14°

The measure of the angles is:

C=x-4 =10°

D=11x-11=143°

E=x+13=27°

The measure of C is 10°

A merchant surveyed 370 people to determine the way they learned about an upcoming sale. The survey showed that 170 learned about the sale from the radio 140 from television 190 from the newspaper, 90 from radio and television, 120 from radio and newspapers, 80 from television and newspaper, and 70 from all three sources. how many people learned of the sale from newspapers or radio, but not both?

Answers

240

Because 170+190= 360 .
360-120=240

Suppose that 28 crayons, of which four are red, are divided randomly among Jack,Marty, Sharon, and Martha (seven each). If Sharon has exactly one red crayon, what is the probability that Marty has the remaining three?

Answers

Answer:

0.0263

Step-by-step explanation:

Sub to SZ Lexrn if that does not show search up shiyo on vr and first vid is them please help out , thx bye . If you do it cmt and ill make a post for yall for 100 points, please bro..

Answers

Answer:

Ooooook?

Step-by-step explanation:

Fine

Solve the inequality. Graph the solution. -4s<6s +1

Answers

Answer:

Step-by-step explanation:

First solve the inequality by writing it.

-4s < 6s + 1

Now subtract -1 on both sides.

-4s - 1 < 6s

Now add 4s on both sides to combine like terms.

-1 < 10s

Now divide 10 on both sides.

-0.1 < s

Now flip it over properly.

s > -0.1

Hope this helped! <3

f(x) = 2( x ) + 10, Solve when given f(x) = -22 sorry it’s just I didn’t get function notation

Answers

Answer:

x=-16

Step-by-step explanation:

[tex]2x + 10 = - 22[/tex]

[tex]2x = - 22 - 10 = - 32[/tex]

[tex]x = - 32 \div 2 = - 16[/tex]

16 i think lol (x=16)

can someone help me please with 582 x 23 ≈ __________ x __________ = 12,000

Answers

Answer:

Step-by-step explanation:

582×23≈600×20=12,000

Please help and i will brainliestttt

Answers

Answer:

7/3 cm per hour

Step-by-step explanation:

Answer:  7/3  or in decimal form 2.3   the three is repeating or in mixed number 2 1/3

Step-by-step explanation:

7 divided by 3= 3/3 or in decimal form 2.3 the three is repeating or in mixed number 2 1/3

7 is for how much snow fell and the 3 is from how much time

A bee flies at 10 feet per second directly to a flowerbed from its hive. The bee stays at the

flowerbed for 16 minutes, and then fies directly back to the hive at 8 feet

per second it is away from the hive for a total of 20 minutes

a. What equation can you use to find the distance of the flowerbed from the hive?

b. How far is the flowerbed from the hive?

a. Write the equation Leld be the distance of the flowerbed from the hive

(Type an equation Use integers of fractions for any numbers in the equation. Do not simplity)

Answers

Answer:

a. s = [tex]\frac{d}{t}[/tex]

b. 9600 ft

Step-by-step explanation:

In the given question, the motion of the bee involves speed (s), distance (d) and its time of flight (t).

a. The equation required to determine the distance of the flowerbed from the hive/ hive to flowerbed is;

speed = [tex]\frac{distance}{time}[/tex]

i.e s = [tex]\frac{d}{t}[/tex]

b. Given that: the bee flies back at 8 feet per second, and in 20 minutes (1200 seconds);

s = [tex]\frac{d}{t}[/tex]

⇒ d = s x t

       = 8 ft/s x 1200 s

       = 9600 ft

The flowerbed is 9600 feet from the hive.

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