jonnyjettko jonnyjettko

01-04-2021
Mathematics

contestada

Penny paid off a loan with a simple interest rate of 11.2% in 6 months. What was the APR?
11.2%
9.6%
22.4%
19.2%
5.6%

Respuesta :

pleaseanswerfhank pleaseanswerfhank

01-04-2021

He gets paid 1266% that’s the answe

Answer Link

kolbeyjoe kolbeyjoe

27-04-2021

Answer: 19.2%

Step-by-step explanation:

APR= (2(n)(r))/(n+1)

APR= 2(6)(0.112)/(6+1)

APR= 19.2

n= number of monthly payments (6)

r= the rate (11.2% or 0.112)

Answer Link

Otras preguntas

Method ued in anthropology where the human being i een within a community or ocial ytem. The anthropologit i part of the life of the community and conduct routi

Suppose you notice that a classmate seems unusually sad and has been losing a lot of weight recently. one day he complains about being fat. (6 points) identify

What should you do every time you are setting up glassware for a vacuum filtration? Select one or more: 1. Check that there are no cracks or defects in the glas

A knife cot 3 time the cot of a poon. 9 poon and 12knive cot 82. 80 How much doe one knife cot

Tet if a number grade i an F (le than or equal to 65). If o, print "That' not good. ". Hint: Grade may be decimal. Sample Run Enter a Number: 60 Sample Output T

Which sentence from "Ellis Island" is major supporting detail? The diseases that examining doctors looked for were cholera, scalp and nail fungus, tuberculosis

Check all choices below that result in a transfusion reaction which could kill a person A. Type B recipient and type A donor B. Type AB blood recipient and type

A person with blood type O has which antibodies in their blood plasma? A. No antibodies B. Anti-A antibodies C. Anti-B antibodies D. Anti-O antibodies

Hat doe Repreentative John Lewi mean when he ay that without the poken word, "Selma and the movement would have been like a bird without wing"? (b) Ae Why do yo

Write a program that computes an integer's checksum. To compute the checksum, break the integer into its constituent digits and, working from right to left, dou