Find the effective rate for a payday loan which charges $53.29 for a two week loan of $430.

Answers

Answer 1

Sorry for the wait.....

Hope this helps and Happy Halloween!!!!

Find The Effective Rate For A Payday Loan Which Charges $53.29 For A Two Week Loan Of $430.
Answer 2

The effective rate for a payday loan is 3.21%.

What is Interest rate?

The amount that the lender charges the borrower over and beyond the principal amount is referred to as the interest rate. A person who deposits money in a bank or other financial institution also earns additional income in terms of the recipient, known as interest, taking into account the time value of money.

Given:

Amount Financial = 430

Financial Charge= 53.29

Term of loan= 14 days

So, the effective rate will be

= (53.29/430 ) x 365

= 45.2345

and, =45.2345/14

= 3.21

Hence, the effective rate is 3.21%.

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Related Questions

2.675 in expanded form
54.906 in expanded form
Plz answer stat!​

Answers

2.675 = 2.000 + 0.600 + 0.075 + 0.005

54.906 = 50.000 + 4.000 + 0.900 + 0.006


Why might you write the equation in
point-slope form instead of slope-intercept
form?

Answers

Step-by-step explanation:

Slope-intercept form is useful when we know the y- intercept of a line. However, we are not always given this information. When we know the slope and one point which is not the y-intercept, we can write the equation in point-slope form.

I hope this will help you out!

The equation of a line whose slope is 'm' and which passes through a point (x1, y1) is found using the point slope form.

We need to check why might we write the equation in point-slope form instead of slope-intercept form.

What is point-slope form?

Point slope form is used to represent a straight line using its slope and a point on the line. That means, the equation of a line whose slope is 'm' and which passes through a point (x1, y1) is found using the point slope form. Different forms can be used to express the equation of a straight line. One of them is point slope form. The equation of the point slope form is: y - y1 = m(x - x1)

where, (x, y) is a random point on the line and m is the slope of the line.

The slope intercept form equation for a straight line with a slope, 'm', and 'b' as the y-intercept can be given as: y = mx + b.

We use point-slope form with one coordinate and slope.

Therefore, the equation of a line whose slope is 'm' and which passes through a point (x1, y1) is found using the point slope form.

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8/7 divided by 5/2?

Answers

Answer:

16/35

Step-by-step explanation:

(8/7)/(5/2)

8/7 * 2/5

16/35

PLEASE HELP ME AND FAST! ANSWER WITH EXPLANATION PLS, ANSWER RIGHT PLS PLS PLS!
Last year, Deandre had $10,000 to invest. He invested some of it in an account that paid 7% simple interest per year, and he invested the rest in an account that paid 10% simple interest per year. After one year, he received a total of $790 in interest. How much did he invest in each account?
First Account: $?
Second Account: $?

Answers

He had $10,000 in the first account & $900 in the second account.

HELP PLSSS THIS IS HARD SOMEONEEE

Answers

Answer:

correct option is f(x,y) -----> ( -y,x) option 1.

Answer:

correct option is f(x,y) -----> ( -y,x) option 1.

Step-by-step explanation:

I need help! Please tell me

Answers

Answer:

y = 2x + 6

y = -1/4 x - 3

Step-by-step explanation:

We can read from the graph that the equation that slopes up to the right has y-intercept 6 and slope 2. The equation that slopes down to the right has y-intercept -3 and slope -1/4.

The equations are:

y = 2x + 6

y = -1/4 x - 3

y = 2x + 6
&
y = -1/4 x -3

There are 47 maple trees currently in the park. Park workers will plant more maple trees today
When the workers are finished there will be 54 maple trees in the park. How many maple tree
did the workers plant today?

Answers

Answer:

7

Step-by-step explanation:

Find the value of X and Y​

Answers

Answer:

x = 20 , y =43

Step-by-step explanation:

1- 7x-3 + 3x-17 = 180

10x = 200, x = 20

Y = 3x-17  x is 20 so Y=60-17=43

What is the complete factored form of f(x)=x3+5x2+4x−6?

A: f(x)=(x+3) (x-(-1+√3)) (x-(-1-√3))
B: f(x)=(x−3)(x−(−1+i√3)) (x−(−1−i√3))
C: f(x)=(x+3)(x−(−1+i√3)) (x−(−1−i√3))
D: f(x)=(x−3)(x−(−1+√3)) (x−(−1−√3))

Please answer as soon as possible!

Answers

Answer:

The answer is A

Step-by-step explanation:

I just took the test

hi so what 2+2 it is 4 right ...............................

Answers

Answer:

yessssssss have a nice day

Can someone please help me w/ this I need to plot the points on the graph (picture provied) then the answer is where ever the points met on the graph. ( please draw a line were they met u can screen shot the photo)
THE ANSWER IS SUPOSE TO LOOK LIKE THIS ( ___,___) IXL cc.2 8th grade

Answers

Answer:

-6,-6 because -7x-1 would be -6x

Step-by-step explanation:

answer po plss plss plsss

Answers

Answer:

 16. 1.56

17. 0.8625

18.0.04

Step-by-step explanation:

Solve) A = 1/2 h ( a + b ), solve for h

Answers

Step-by-step explanation:

A=½h(a+b)

h(a+b)=2A

h=2A/(a+b).

hope this helps you.

Find the values of x and y.
т
>
75°
45
(6x + 3)

Answers

Answer:

X=12°

y=60°

Step-by-step explanation:

75=6x+3

x=12°

y=180-(45+75)

y=60°

4×8 is it positive or negative

Answers

Answer:

4 × 8 = 32 so it is positive

Step-by-step explanation:

Answer:

Hi, 4x8 is positive.

Step-by-step explanation:

4x8=?

4+4+4+4+4+4+4+4=?

4x8=32

Since both numbers are positive, the answer will also be positive.

Hope this helps!!

which square has more white space one big circle or small many circle explain

Answers

Answer:

When a circle is inscribed in a square , the diameter of the circle is equal to the side length of the square.

You can find the perimeter and area of the square, when at least one measure of the circle or the square is given.

For a square with side length s , the following formulas are used.

Perimeter = 4s

Area = s2

Diagonal = s2√

Similarly, you can find the circumference and area of the circle , when at least one measure of the circle or the square is given.

For a circle with radius r , the following formulas are used.

Circumference = 2πr

Area = πr2

Example 1:

Find the perimeter of the square.

When a circle is inscribed in a square, the diameter of the circle is equal to the side length of the square.

So, the side length of the square is 6 cm.

The perimeter P of a square with side length s is given by P=4s .

Substitute 6 for s in P=4s .

P=4(6)     =24

The perimeter of the square is 24 cm.

Example 2:

What is the area of a circle that is inscribed in a square of area 64 square units?

When a circle is inscribed in a square, the length of each side of the square is equal to the diameter of the circle. That is, the diameter of the inscribed circle is 8 units and therefore the radius is 4 units.

The area of a circle of radius r units is A=πr2 .

Substitute r=4 in the formula.

A=π(4)2     =16π     ≈50.24

Therefore, the area of the inscribe circle is about 50.24 square units.

Step-by-step explanation:

¿Qué es un dato en estadística?

Answers

Answer:

Los datos son piezas individuales de información fáctica registradas y utilizadas con fines de análisis. Es la información en bruto a partir de la cual se crean las estadísticas. Las estadísticas son el resultado del análisis de datos: su interpretación y presentación. ... A menudo, estos tipos de estadísticas se denominan "datos estadísticos".

Step-by-step explanation:

Answer:

Un dato estadístico es cada uno de los valores que se ha obtenido al realizar un estudio estadístico

Step-by-step explanation:

Given, OA = OV, what congruency statements can
you make? Check all that apply.
BC = ZY
BE = 2x
CB = Y Z
OZDAB = ZZVX
DE = WX
O BE =ZX

Answers

Answer: Look at Explanation

Step-by-step explanation:

Your Welcome <3

Employees from a local store
donated picnic supplies for the end of the
school year picnic. They donated 20 packs
of 12 forks. 10 packs of 12 spoons, 5 packs of
10 knives, and 175 paper plates. How many
picnic items were donated?

Answers

Forks :
20 x 12 = 240

Spoons:
10 x 12 = 120

Knives :
5 x 10 = 50

Paper plates :
175

Total :
175 + 50 + 120 + 240 = 585

585 picnic items were donated

Molly is helping her younger sister run a lemonade stand. They earn $2 for each cup of
lemonade they sell.
Write an equation that shows how their total earnings, y, depend on the number of cups sold,
X.
Do not include dollar signs in the equation.
y =

Answers

Answer:

y= x • 2

Step-by-step explanation:

The amount of money they make is dependent of how many 2 dollar cups they sell.

(please crown me brainleist I need to level up)

find 3 values of x and y that satisfy the equation y = 3x - 2

Answers

Answer:

x = 1, y = 1

x = -2, y = -8

x = 3, y = 7

Step-by-step explanation:

pls help i need help on homework. and i dont understand:

6 = 7y - 8

please solve using inverse operations

I offer a crown and 20 points

Answers

Answer:

6=7y-8

6+8=7y-8+8(addition inverse operation)

14=7y

14/7=7y/7(division inverse operation)

2=y

Step-by-step explanation:

Answer:

y=2

Step-by-step explanation:

6=7y-8

(to get all the numbers on the right side and the letters on left side we can swap 6 with 7y)

-7y= -6-8

(since both were positive before we used the inverse method to turn both into a negative number)

-7y= -14

÷7 ÷7

(to get y on its own we divide both sides by 7)

y=2

Hope this helped you- have a good day bro cya)

the ratio of x and 5 minus 12
(turn this into a problem)

Answers

then is it.........!!!?

5x-12

if Brian is driving 50 miles per hour how far did he drive​

Answers

Answer:

2.5 km long after 59 miles

Answer:

50 miles

Step-by-step explanation:

A package of 5 pairs of insulated socks costs ​$26.45. What is the unit price of the pairs of socks​?

Answers

Answer:

$5.29 per pair of socks

Step-by-step explanation:

26.45/5=5.29

is -4/5 or is-8/9 bigger

Answers

Answer:

-4/5 will be bigger.

Step-by-step explanation:

This is true as -4/5 is equal to -.8 compared to -.888888888.

A coordinate plane with a line passing through (negative 3, 0), (0, negative 2) and (3, negative 4).
What is the equation of the graphed line written in standard form?

2x + 3y = –6
2x + 3y = 6
y equals negative StartFraction 2 Over 3 EndFraction x minus 2.
y equals StartFraction 2 Over 3 EndFraction x minus 2.

Answers

Answer:

2x+3y=-6

Step-by-step explanation:

the intercepts are (-3,0) (x intercept) and (0,-2) (y intercept)

this means that when x = 0, y = -2 and when y = 0, x = -3.

the last two are not in standard form, so we can eliminate those.

the answer also cannot be the second one because both intercepts are negative. when we solve it, the intercepts would be (3,0) and (0,2). the answer must be 2x+3y=-6.

sorry for the late reply!

Answer:

I believe its A. 2x+3y=-6

Step-by-step explanation:

Consider the function F(x)=5x-1. Find the value of x for which the value of the function is equal to 89

Answers

Answer:

Sorry if im late

Step-by-step explanation:

The correct statements are:

The value of f(-10) = 82

The graph of the function is a parabola

The graph contains the point (20,-8)

Answer:

x=18

Step-by-step explanation:

89=5x-1

89+1=5x

90=5x

18=x

solve for X : 3x²=5x​

Answers

⇒ 3x² - 5x = 0

⇒ (3x - 5) · x = 0

3x - 5 = 0

x = 0

x = 0, 5/3

The graph below could be the graph of which exponential function

Answers

Answer:

A

Step-by-step explanation:

The graph below could be the graph of A) F(x) = 2*[tex](0.7)^x[/tex] exponential function.

The graph of the function F(x) = 2 * [tex](0.7)^x[/tex] is a decreasing exponential function. This is because the base of the exponent, 0.7, is between 0 and 1. As x increases, the value of [tex](0.7)^x[/tex] decreases, so the value of F(x) decreases.

The graphs of the other functions are all increasing exponential functions. This is because the bases of the exponents, 2, 5, and 1.4, are all greater than 1. As x increases, the value of [tex]2^x[/tex], [tex]5^x[/tex], and [tex]1.4^x[/tex] increases, so the value of the functions F(x) = 2 * [tex]2^x[/tex], F(x) = 2 * [tex]5^x[/tex], and F(x) = 2 * [tex]1.4^x[/tex] increases.

Therefore, the graph of the function F(x) = 2 * [tex](0.7)^x[/tex] is the only graph that is decreasing. So the answer is A.

Here is a table that summarizes the properties of the graphs of the four functions:

Function Base of the exponent Graph

F(x) = 2 * [tex](0.7)^x[/tex] 0.7 (between 0 and 1) Decreasing

F(x) = [tex]2^x[/tex] 2 (greater than 1) Increasing

F(x) = 2 * [tex]5^x[/tex] 5 (greater than 1) Increasing

F(x) = 2 * [tex]1.4^x[/tex]  1.4 (greater than 1) Increasing

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