Morgan bought a sofa for $216.00. The finance charge was $25 and she paid for it over 15 months.

Use the formula Approximate APR =(Finance Charge÷#Months)(12)Amount Financed

to calculate her approximate APR.

Round the answer to the nearest tenth.

9.4%

9.3%

1.2%

1.1%

Answers

Answer 1

Answer:

9.3%

Step-by-step explanation:

Answer 2

Morgan's approximate APR is approximately 1.0%.

What is an expression?

An expression contains one or more terms with addition, subtraction, multiplication, and division.

We always combine the like terms in an expression when we simplify.

We also keep all the like terms on one side of the expression if we are dealing with two sides of an expression.

Example:

1 + 3x + 4y = 7 is an expression.com

3 + 4 is an expression.

2 x 4 + 6 x 7 – 9 is an expression.

33 + 77 – 88 is an expression.

We have,

Using the given formula:

Approximate APR = (Finance Charge ÷ Months) x 12 / Amount Financed

We know that the amount financed is the total cost of the sofa minus the finance charge, which is:

Amount Financed = $216.00 - $25.00 = $191.00

We also know that the finance charge was $25.00 and she paid for it over 15 months, so:

Finance Charge ÷ Months

= $25.00 ÷ 15

= $1.67

The approximate APR is:

Approximate APR = ($1.67 x 12) ÷ $191.00 = 0.1393

Rounding this to the nearest tenth gives us 0.1, which is equivalent to 1.0% as the nearest percentage.

Therefore,

Morgan's approximate APR is approximately 1.0%.

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Related Questions

I git dune wif this in 3 minits
782+821=___
2x2=___​

Answers

782 + 821 = 1,603


2x2 = 4

Answer:

♡♡♡♡♡♡♡♡♡♡♡♡

Step-by-step explanation:

782 + 821 = 1,603

2 x 2 = 4

55 times 4 and time 3 equals what?

Answers

Answer:

55 times 4 =220

220 times 3 =660

One hundred volunteers who have agoraphobia (fear of open and crowded space) are available for a study. Fifty are selected at random and are given the drug imipramine, which is believed to be effective in treating agoraphobia. The other 50 are given a placebo. A psychiatrist evaluates the symptoms of all volunteers after two months to determine if there has been substantial improvement in the severity of their symptoms.
What type of study is this?
A. Matched pair design
B. Observational study
C. Completely randomized block design
D. Completely randomized design

Answers

Answer:

D. Completely randomized design

Step-by-step explanation:

Based on the description given about the experiment above and the manner in which the subjects were assigned to each of the treatment groups available, we can deduce that the study was conducted using a completely randomized design. The subjects weren't matched or blocked for any variable such as sex, height, age or any other variable. They were just evenly split randomly into the two available treatment levels ( those who receive the treatment and the placebo) group. With this design, all subjects have an equal chance of being in any of the two groups and the selection bias is almost totally eliminated using this sort of design as errors are being considered as arising from experimental faults.

-4x+3x<4 what is the awenswer to this equation

Answers

Answer:

X > -4

Step-by-step explanation:

Collect the like terms which literally leaves you with -x<4

Then just changes the signs, hence the answer.

Please mark brainliest!

Garth can row 5 miles per hour in still water. It takes him as long to row 4 miles upstream as 16 miles
downstream. How fast is the current?

Answers

Answer:

The speed of the current is 3 miles per hour

Step-by-step explanation:

The equations for rate (r), distance (d), and time (t) are ⇒ d = rt, r = d/t, = t = d/r

Let x = speed in still water

Let c = speed of the current

The main difference with these problems is rate needs to be expressed using two variables  because moving upstream the current is against you and downstream it moves with you.

Distance Rate Time

Upstream x − c

Downstream x + c

The distance column with the numbers from the problem and the value for speed in  still water for x.

Distance Rate Time

Upstream 4 5 − c

Downstream 16 5 + c

The column for time using the other two columns knowing that  rate,  distance  ⇒ time =  Distance Rate Time

Upstream 4 5 − c

5 − c

4

Downstream 16 5 + c

5 + c

16

“It takes as long …” from the problem means that the two times are equal to each other.  So, the equation can be written as:

4/5− c = 16/5 + c  ⇒ Solve by cross-multiplying ⇒ 5(4 + c) = 16 5( − c) ⇒ c = 3

A person invests $4,250 in an account that earns 5.25% interest compounded annually. let f(t) be the value in dollars of the account after t years. give an equation for f f(t)=______. what will be the value of the account after 5 years? round your answer to the nearest cent. $_______. after 10 years? round your answer to the nearest cent $______​

Answers

Answer:

see the answers below

Step-by-step explanation:

Given data

P=$4,250

Rate= 5.25%

Time= t years

1. The compound interest expression is

A=4250(1+0.0525)^t

A=4250(1.0525)^t

2. P=$4,250

Rate= 5.25%

Time= 5 years

1. The compound interest expression is

A=4250(1+0.0525)^5

A=4250(1.0525)^5

A=4250*1.2915

A=$5488.875

3. P=$4,250

Rate= 5.25%

Time= 10years

1. The compound interest expression is

A=4250(1+0.0525)^10

A=4250(1.0525)^10

A=4250*1.6680

A=$7089

A car can travel 374 kilometers on 34 liters of gasoline. How far can it travel on 35 liters?

Answers

Answer:

385 kilometers

Step-by-step explanation:

Divide 374 by 34 to get the unit price

Then multiply the unit price by 35

If there are 7 days in a week, how many days are there in 6 weeks? ​

Answers

Answer:

42

Step-by-step explanation:

Answer: 42

Step-by-step explanation: 7 x 6 = 42

1
Write the equation of a circle whose center is at (-11,–8) and whose radius is 4.

Answers

Answer:

Step-by-step explanation:

[tex](x_c,y_c)=(-11,-8) \quad r=4\\(x-x_c)^2+(y-y_c)^2=r^2 \quad (x+11)^2+(y+8)^2=4^2[/tex]

How is a ratio table used to graph equivalent ratios?

Answers

Answer:

Ratio tables show equivalent ratios between two quantities. They can help you find equivalent ratios in order to solve problems.

hope this helps:) emoji slammm

Solve the inequality. 4/5v < 7/15​

Answers

Answer:

v < 7/12

Step-by-step explanation:

Divide. Round your answer to the nearest whole number.

Answers

It will be 6609 if rounded to the whole number

which scatterplot most likely has a line of best fit represented by y=-2x-1?
NO LINKS PLS

Answers

Answer:

The answer to your question is the letter C

Answer:

I think it is c

Step-by-step explanation:

ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP ASAP NEED HELP​

Answers

Step-by-step explanation:

11.True

12.False

13.False

14.False

15.True

16.False

17.False

18.True

19.True

20.False

Answer:

here

Step-by-step explanation:

I need help please don’t scam or no brainlist

Answers

Answer is d if not it’s b hope this helps

HELP ASAP!! I will give brainlist! Thanks!

Answers

Answer:

C. Addition Property of Equality

Step-by-step explanation:

Given,

x - 6 = 4

To find x, the addition property of equality is applied by adding 6 to both sides.

Thus:

x - 6 + 6 = 4 + 6

x = 10

Will mark brainliest for area.

Answers

Answer:

c

Step-by-step explanation:

first, find the area of the rectangle thing,

A = lw

14 x 8

112

but, there is a semicircle in it so you need to subtract that from it:

A = πr^2/2

A = π(4)^2/2

A = π16/2

A = 8π

A ≈ 25.132741228718346

then subtract that area from the area of the rectangle:

112 - 25.132741228718346

86.867258771281654

or about 89.9

x = 8 – 2y

x + 3y = 12

Answers

9514 1404 393

Answer:

  (x, y) = (0, 4)

Step-by-step explanation:

Since we have an expression for x, substitution works nicely.

  (8 -2y) +3y = 12 . . . . . . use the first equation to substitute for x in the 2nd

  y = 4 . . . . . . . . . . . . subtract 8, collect terms

  x = 8 -2(4) = 0 . . . . substitute for y in the first equation

The solution is (x, y) = (0, 4).

Pleaseeeeeeeeeeeeeeeeeeeeeeeee

Answers

Answer:

2 terms

Step-by-step explanation:

I hope it will help you

What is the area of the triangle 2,7,5-by the time you answer this I might already be done with this beck add all to slow to answer it-no hate tho :;

Answers

Answer:

5 units squared

Step-by-step explanation:

To find the area of a triangle, the formula is base * height/2

the base of this triangle is 2 while the height is 5

area = (2*5)/2

area = 5 units squared

Please help me no links

Answers

its 81 good job on the question
81 is the correct answer

Please Help i need this done

Answers

Answer:

i think u add 2.5 everytime

Step-by-step explanation:

for example start with(0, 2.5) 0n the graph then add 2.5 to 2.5 then keep adding if im wrong srry

8 (6-4x) = 12

equation with parentheses​

Answers

Answer:

x=9/8

Step-by-step explanation:

please help i am giving away brainliest

An aquarium has the dimensions shown in the diagram. What is the volume of the aquarium?

A. 3240 in.3
B. 432 in.3
C. 540 in.3
D. 6480 in.3

no dam links

Answers

Answer:

6,480in.3

Step-by-step explanation:

Hope this helps!

The volume of the aquarium is   6480 [tex]in. ^{3}[/tex]

What is rectangular prism?

A rectangular prism is a prism whose bases (the top face and the bottom face) are also rectangles. It has 6 faces in all, out of which there are 3 pairs of identical opposite faces, i.e., all the opposite faces are identical in a rectangular prism. It has three dimensions, length, width, and height.

What is volume of rectangular prism?

The volume of a rectangular prism is the space that is inside it .

The volume of the rectangular prism, V = Length * Breath * Height

According to the question

Length of the aquarium = 36 in.

Breath of the aquarium = 12 in.

Height of the aquarium = 15 in.

As aquarium is a rectangular prism

volume of the aquarium,  = Length * Breath * Height

                                                            =   36 * 15 * 12

                                                            =    6480 [tex]in. ^{3}[/tex]

Hence, The volume of the aquarium is   6480 [tex]in. ^{3}[/tex]

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Rewrite the polynomial 2x2 + x + +-7x + 1 in standard form.​

Answers

Answer:

x-7x+5

Step-by-step explanation:

4+x-7x+1

x-7x+5

What is the place value of the digit 5 in the number 1,029.756

Answers

Answer:2

Step-by-step explanation:

Answer: Its the tens place, do you not pay attention in school?

Solve the system of equations

Answers

The answer is 2,16. Hope that helps.

Find the length of each trapezoid.

Answers

Answer:

EF = 34

Step-by-step explanation:

(9x + 23)/2 = 6x + 4

9x + 23 = 12x + 8

3x = 15

x = 5

EF = 6(5) + 4 = 34

there were 125 customers at walmart. 64% paid with a credit card;the rest paid with cash. how many paid with cash?

Answers

Answer:

45

Step-by-step explanation:

100-64 is 36. 36% paid with cash 125×35%=45 or 125×.36=45

Please help me and no linkd

Answers

Answer:

Um what’s the question?

Step-by-step explanation:

Answer:

*links* hope this helped!

Step-by-step explanation:

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