answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jasenka [17]
2 years ago
7

Which will have a higher effective interest rate — a payday loan for $1900 that is due in 14 days with a fee of $80, or a payday

loan for $1900 that is due in 12 days with a fee of $80?
A. A payday loan for $1900 that is due in 12 days with a fee of $80, since it has the longer period

B. A payday loan for $1900 that is due in 14 days with a fee of $80, since it has the shorter period

C. A payday loan for $1900 that is due in 14 days with a fee of $80, since it has the longer period

D. A payday loan for $1900 that is due in 12 days with a fee of $80, since it has the shorter period
Mathematics
1 answer:
Pie2 years ago
6 0

Answer:

It's D.

Step-by-step explanation:

The shorter period loan has the same total interest for the same loan amount, so it has the higher effective interest rate: 80/12 is higher than 89/14.

You might be interested in
The tables represent two linear functions in a system.<br><br> What is the solution to this system?
Darya [45]

The solution to this system is (x, y) = (8, -22).

The y-values get closer together by 2 units for each 2-unit increase in x. The difference at x=2 is 6, so we expect the difference in y-values to be zero when we increase x by 6 (from 2 to 8).

You can extend each table after the same pattern.

In table 1, x-values increase by 2 and y-values decrease by 8.

In table 2, x-values increase by 2 and y-values decrease by 6.

The attachment shows the tables extended to x=10. We note that the y-values are the same (-22) for x=8 (as we predicted above). That means the solution is ...

... (x, y) = (8, -22)

8 0
2 years ago
Read 2 more answers
John has 36 sweets and he shares them in the ratio 2 : 7.
Lana71 [14]

Answer:

15 more

Step-by-step explanation:

John has 36 sweets and he shares them in the ratio 2 : 7.

How many sweets is the larger share?

7 0
2 years ago
Converting 4.9 kilograms would give you 11 of which US customary system unit? A. Pounds B. Stones C. Teaspoons D. Ounces Mark fo
Usimov [2.4K]

Kilograms is a type of measurement for weight, and so the converted measure should also be weight (which leaves only oz. and lbs.)

The converting ratio of kilograms to pounds is: 1 = 2.2

The converting ratio of kilograms to ounces is: 1 = 35.274

This means that pounds, or (B) is your closest answer


hope this helps

3 0
2 years ago
Read 2 more answers
mary is preparing for her college entrance exams. in a practice test, she answered 12 problems in 30 minutes. at this rate, how
mariarad [96]
12 problems = 30 minutes
24 problems = 60 minutes
36 problems= 90 minutes
48 problems = 120 minutes
60 problems = 150 minutes 

Mary can respond 60 problems in 2 hours and 30 minutes/ 2 hours and half/ 150 minutes.

Hope this helps xx
3 0
2 years ago
Read 2 more answers
0.07 is 1/10 of what
Whitepunk [10]
0.07 * 10 = 0.7

Hope this helps! :)
6 0
2 years ago
Read 2 more answers
Other questions:
  • A trip to Portland, Oregon, from Boston will take 7 3/4 hours. Assuming we are two-thirds of the way there, how much longer in h
    6·1 answer
  • Factor the polynomial completely 11x^4y-22x^2y^2
    9·1 answer
  • An ice cream stand uses the expression 2 + 0.5x2+0.5x2, plus, 0, point, 5, x to determine the cost (in dollars) of an ice cream
    9·2 answers
  • Emily is observing the velocity of a cyclist at different times. After four hours, the velocity of the cyclist is 14 km/h. After
    13·1 answer
  • Osvoldo has a goal of getting at least 30\%30%30, percent of his grams of carbohydrates each day from whole grains. Today, he at
    12·2 answers
  • It takes one week for a crew of workers to pave 3/5 kilometer of a road. At that rate, how long will it take to pave 1 kilometer
    9·1 answer
  • Emanuel surveyed a random sample of 505050 subscribers to Auto Wheel magazine about the number of cars that they own. Of the sub
    8·1 answer
  • A small accounting firm has 444 accountants who each earn a different salary between \$50{,}000$50,000dollar sign, 50, comma, 00
    10·1 answer
  • A factory uses 3/8 of a barrel of raisins in each batch of granola bars. Yesterday, the factory used 3/4 of a barrel of raisins.
    11·1 answer
  • What is the coefficient of the term 12p in the expression 12p+9q​
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!