Answer:
12/30 or 6/15
Step-by-step explanation:
3x4=12
5x6=30
12/30
simplified would be 12/30 divided by 2/2
the answer is 6/15
Paige is ahead of kate. It dosen't say she is behind anyone or last in the line. Carlos is not first in line. Kate cannot be first because someone is ahead of her. And lisa is last. So the answer is definitely paige. Hope i helped. Have a nice day.
The rate of interest is 75 % per year
<em><u>Solution:</u></em>
Given that, Jamerra received a $3,00 car loan
she plans on paying off the loan in 2 years
<em><u>Jamerra will have paid $450 in interest</u></em>
Therefore, we get
Principal = $ 300
Number of years = 2
Simple Interest = $ 450
Rate of interest = ?
<em><u>The simple interest is given by formula:</u></em>
Where,
"p" is the principal and "n" is the number of years and "r" is the rate of Interest
<em><u>Substituting the given values we get,</u></em>
Thus rate of interest is 75 % per year
A) The amount financed is the purchase amount less the down payment.
$2,574.54 -574.54 = $2000.00
B) The finance charge is the total of payments less the amount financed.
18*$121.00 -2000.00 = $178.00
C) The APR is calculated by a financial calculator to be 10.96%.