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Stolb23 [73]
2 years ago
5

Whitney bought a watch for $107.50. The finance charge was $11 and she paid for it over 6 months.

Mathematics
1 answer:
Anna11 [10]2 years ago
4 0

Answer:

Her proximate APR is 5.1%

Step-by-step explanation:

The formula of the APR is APR=\frac{FC}{A} × \frac{m}{12} × 100%, where

  • FC is the finance charge
  • A is the amount financed
  • m is the number of months

∵ Whitney bought a watch for $107.5

∴ A = 107.5

∵ The finance charge was $11

∴ FC = 11

∵ She paid for it over 6 months

∴ m = 6

- Substitute these values in the formula above

∵  APR=\frac{11}{107.5} × \frac{6}{12} × 100%

∴ APR = 5.11627907%

- Round it to the nearest tenth

∴ APR = 5.1%

Her proximate APR is 5.1%

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30 yards of fabric is needed to make 10 dresses.The fabric roll is stamped 1200 inches .How many yards do you have
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There are 36 inches to a yard so 1200 divided by 36 equals to 33 1/3 yards of fabric. you have 33 1/3 yards of fabric
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2 years ago
Which expression represents the perimeter of a rectangle above? the width is (3y-5)ft and the length is 2yft
Gnoma [55]
Perimeter (P)= 2Length (L) +2Width (W)
P=2L + 2W
P=(2y)+(3y-5)
P=5y-5
A. 5y-5
5 0
2 years ago
Read 2 more answers
I round to 900 I have twice as many hundreds as ones and all my digits are different but their sums are 18 can someone answer th
stellarik [79]

Answer:

The number of once is 9.1  

The number of hundreds is 8.9

Step-by-step explanation:

Given as :

The total of digits having ones and hundreds = 900

The sum of digits = 18

Let The number of ones digit = O

And The number of hundreds digit = H

So, According to question

H + O = 18             .........1

100 × H + 1 × O = 900          ........2

Solving the equation

( 100 × H - H ) + ( O - O ) = 900 - 18

Or, 99 H + 0 = 882

Or , 99 H = 882

∴   H = \frac{882}{99}

I.e H = 8.9

Put the value of H in eq 1

So, O = 18 - H

I.e  O = 18 - 8.9

∴    O = 9.1

So, number of once = 9.1

number of hundreds = 8.9

Hence The number of once is 9.1  and The number of hundreds is 8.9

Answer

4 0
2 years ago
Henri has $24,000 invested in stocks and bonds. The amount in stocks is $6,000 more than three times the amount in bonds. Call t
makvit [3.9K]

Answer:

The solve of that problem is that Hernry invested $18.000 in stocks and $6.000 in bonds.

Step-by-step explanation:

First, to explain you have to do a multiplication about 6 on three. Like three times more than bonds, the result is 18. Then you have to do a  subtraction on $24.000 less $18.000, and the result is $6.000, so six is the amount on bonds. And is three times less than stocks, like the questions ask.

4 0
2 years ago
Read 3 more answers
A salesperson receives step commission on sales calculated as follows:
kykrilka [37]

Answer:

$2278.846

Step-by-step explanation:

Given the following commision steps :

8% on first $1000;

12% next $2000;

20% on sales above $3000

Recorded sales for a week :

Monday $1500.00

Tuesday $3000.00

Wednesday $ 970.00

Thursday $4563.81

Friday $2760.42

This assu es that commision is calculated after weekly sales:

Total:

(1500 + 3000 + 970 + 4563.81 + 2760.42)

= $12794.23

8% on first $1000

0.08 × $1000 = $80

12% of $2000 = $240

20% of $(12794.23 - 3000)

= 0.2 × 9794.23

= 1958.846

Total commision for the week :

$(80 + 240 + 1958.846)

= $2278.846

7 0
2 years ago
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