Answer:
The APR at which the money is borrowed, is approximately 651.79%
Step-by-step explanation:
The amount which one wishes to borrow for two weeks, P = $600
The amount of interest that one must pay back = $25 per $100 borrowed
Therefore;
The total interest on the $600 loan (borrowed) for two weeks = 25/100× $600 = $150
The number of days for which the amount was borrowed = 2 weeks = 14 days
The Annual Percentage Rate, APR is given as follows;
Therefore, we get
The annual rate at which the money is borrowed, APR ≈ 651.79%.
Answer:
d. A five-hour bus trip is divided into six equal legs.
Step-by-step explanation:
hope it helps
That is correct.
Sqrt 5 x sqrt20
Apply the radical rule to get sqrt( 5 x 20)
Simplify to get sqrt(100)
Sqrt(100) = 10