You take out a 60-day loan for $5000. At the end of the loan, you owe $73.97 in interest. What is the annual percentage rate? Round your answer to the nearest tenth of a percent.

Answers

Answer 1

The PERCENTAGE ANNUAL RATE is 9.0% to the nearest tenth using the SIMPLE INTEREST FORMULA

The question is related to a SIMPLE INTEREST problem:

Loan period = 60 days

using 365 days a year ;

converting to years , 60 days = (60 / 365) years

interest on loan = 73.97

principal = 5000

Using the formula:

interest = (principal * rate * time)

73.79 = (5000 * rate * (60/365)

Rate = 73.79/(5000 * (60/365)) =8.977%

rate = 9%

Therefore, PERCENTAGE ANNUAL RATE is 9.0%

Learn more : https://brainly.com/question/3880193


Related Questions

Answer fast plzz... i will give brainly

Answers

Answer:

1.15 inches

Step-by-step explanation:

Evaluate the expression
“-8.56x + 31.7 for x= 75.6”

A. -615.436
B. 614.436
C. 615.436
D. -614.436

Answers

Answer:

Substitute

Step-by-step explanation:

x=75.6

-8.56(75.6) + 31.7=-615.436

Answer: -615.436

please help ill mark brainliestO​

Answers

Answer:

8 cm

Step-by-step explanation:

According to the condition,

[tex]\dfrac{PQ}{RS} = \dfrac{QT}{ST}\\\\\implies \dfrac{9}{3} = \dfrac{QT}{4}\\\\ \implies 3 =\dfrac{QT}{4}\\\\\implies QT = 3 \times 4 = 12~ \text{cm}\\\\\text{Hence}~ QS =QT - ST = 12 -4 = 8~ \text{cm}[/tex]

A+b/a-b =5/3 what are the following ratios? a+b/3b

Answers

(a + b)/(a - b) = 5/3
Cross multiply.
5(a - b) = 3(a + b)
5a - 5b = 3a + 3b
5a - 3a = 5b + 3b
2a = 8b
a = 4b
a/b = 4/1

Which of the following sets is equal to {1, 2, 3, ...)?
{x| xER, x>1}
{x|xER, x> or equal to 1}
{x|xEN, x> or equal to 1}

Answers

Answer:

[tex]\{x~ | ~x\in \mathbb{N}, x \geq 1\}[/tex]

Step-by-step explanation:

Which is the solution to the inequality?
Y+ 15 < 3
A. y <-12
B. y >-12
C. y <18
D. y> 18

Answers

Answer: A

Step-by-step explanation:

Subtract 12 from both sides:

y + 15 - 15 < 3 - 15

Simplify:

y < -12

One bridge in Maryland is 6,946 meters
long. It is 46 times as long as another
nearby bridge. How long is the shorter
bridge? Explain.

Answers

Answer:

151 meters

Step-by-step explanation:

6946/46=151 meters

Answer:

Step-by-step explanation:

If you want to be formal, let the shorter bridge = x

46x = 6946                  Divide by 46

x = 6946/46

x = 151

So the shorter bridge is 151 meters long.

Find the value of x .
K
M
(2x – 10) (2x + 40)º
-
N

Answers

Answer:

?????????????????????????

Approximately what portion of the box is shaded blue?
A.3/5
B.2/3
C.9/10

Answers

Answer:

I think the answer is C.....

In the triangle below, which equation can
be used to solve for x?

Answers

The answer is B x=13sin75/sin50

Which table of ordered pairs represents a proportional relationship?

Answers

Answer:

C)

Step-by-step explanation:

Because Its equivalent

Multiply

(5x+y)(6x-7y)

Answers

Answer:

30x2−29xy−7y2

Step-by-step explanation:

=(5x+y)(6x+−7y)

=(5x)(6x)+(5x)(−7y)+(y)(6x)+(y)(−7y)

=30x2−35xy+6xy−7y2

=30x2−29xy−7y2

Least to greatest (sorry I’m horrible at simple math)

Answers

Step-by-step explanation:

Least to greatest

= 0.919, 0.99, 1.09

Answer:.919,099,1.09

Step-by-step explanation:

WILL BRAINLIST IF YOU GET CORRECT AND HURRY
A pair of linear equations is shown below: y = −3x + 5 y = x + 2 Which of the following statements best explains the steps to solve the pair of equations graphically? (4 points)

A: On a graph, find the point of intersection of two lines, the first line has y-intercept = 5 and slope = −3, and the second line has y-intercept = 2 and slope = 1.

B: On a graph, find the point of intersection of two lines, the first line has y-intercept = −3 and slope = 5, and the second line has y-intercept = 1 and slope = 2.

C: On a graph, find the point of intersection of two lines, the first line has y-intercept = −5 and slope = 3, and the second line has y-intercept = −2 and slope = −1.

D: On a graph, find the point of intersection of two lines, the first line has y-intercept = 3 and slope = −5, and the second line has y-intercept = −1 and slope = −2.

Answers

ANSWER : B

I know cause I took it and it was B

Answer:

answer is b

Step-by-step explanation:

Solve. 9(8 - x) = 3x brainly EEE PLSS

Answers

Answer:

x=6

Step-by-step explanation:

9(8-x)=3x

9 x 8=72

72-9x=3x

72=12x

72/12=6

x=6

HELP PLZ PLZ ITS DUE IN 30 MINUTES

Answers

Answer:

wouldn't that be...24x²?

Can u help me w this

Answers

Answer:

a) 15, b) 36

Step-by-step explanation:

Answer:

a is 15, b is 6

Step-by-step explanation:

a. 5x+3=17. subtract 3 on both sides then u get 5x=14 then you simply by dividing by 5 on each side which gives you x= 14/5 = 2.5 so ..... 5x+1= 15

b. first you rearrange the terms to -3y+5=6, then you subtract 5 from each side so it's 3y = 1. then divide both of the equation by the same term ( -3) to get y= -1/3. so 5 - 3y² = ..... 3× -1/3 = -1 and -1² = -1 so 5 - (-1) = 6

of the negative number, and of the
16
6 The sum of a negative number,
negative number is – 13.2. What is the negative number?

Answers

Answer:

semoga jawabannya benar

Step-by-step explanation:

Korelasi Rank Spearman digunakan untuk mencari hubungan atau untuk menguji signifikansi hipotesis asosiatif bila masing-masing variabel yang dihubungkan berbentuk Ordinal.

Answer:

179.2

Step-by-step explanation:

166 = x + -13.2

166 - -13.2 = 166 + 13.2 = 179.2

PLEASE HELP I WILL MARK YOU BRAINLEST!!!
please read the question on the photo and these are the choices bellow!!

A-translation, reflection
B- rotation, reflection
C-reflection, rotation
D-rotation, translation

Answers

It’s B and can you help me with this how much can 38 can get to 341.

#3
Determine whether the ratios are equivalent.
5:2 and 30: 12
o equivalent
not equivalent

Answers

Answer:

yes

Step-by-step explanation:

Ratios are equivalent if they are multiples or divisors of each other.

5 : 2 ( multiply both sides by 6 )

= 30 : 12

or

30 : 12 ( divide both sides by 6 )

= 5 : 2

Thus 5 : 2 and 30 : 12 are equivalent ratios

Answer:

equivalent

Step-by-step explanation: 5 x 6 = 30      2 x 6 = 12

y over 11 =8 .solve for y

Answers

Answer:

y=88

Step-by-step explanation:

uhh…maybe 88? Btw if I’m wrong sorry I’m really tired and just tryin to help

discuss the criteria of a good test​

Answers

The criteria of a good test should follow along a guideline of gauging where the students knowledge lies. However, it shouldn’t involve the regurgitation of information; nothing will be retained if that is the case. It be something both challenging and rewarding.


I hope this is what you needed :]

The diameter of a circle fits around the circle ______ times.

Answers

Answer:

it fits around [tex]\pi[/tex] times which is approximately 3 times

Step-by-step explanation:

[tex]\pi[/tex]

Find the x-intercepts.
y =
2x2 + 5x + 2/
x2 - 4x + 3

Answers

Answer:

[tex]x=-\frac{1}{2}[/tex] and [tex]x=-2[/tex]

Step-by-step explanation:

[tex]f(x)=\frac{2x^2+5x+2}{x^2-4x+3}[/tex]

[tex]0=\frac{2x^2+5x+2}{x^2-4x+3}[/tex]

[tex]0=\frac{(2x+1)(x+2)}{(x-1)(x-3)}[/tex]

[tex]0=(2x+1)(x+2)[/tex]

[tex]2x+1=0[/tex] and [tex]x+2=0[/tex]

[tex]x=-\frac{1}{2}[/tex] and [tex]x=-2[/tex]

Find ADC triangle's perimeter, if ABE triangle's perimeter is 10 and AE:AC=2:3

Answers

Answer:

give the dimensions of the figure on the paper

when is a supplier standards form required to be provided to the beneficiary cvs

Answers

Answer:

AOB forms must be collected every time a beneficiary fills a Medicare part b prescription

Daisy had 2 3/4
bags of mulch to put in her yard. Each bag will cover 235.5 ft2
. How much square feet will she be able to cover is she uses all of the bags of mulch?
help me plsssssss

Answers

Answer:

mmmmmmm

Step-by-step explanation:

n

Daisy will cover a total area of 647.625 square feet, if she uses all of the bags of mulch.

The amount of mulch is given as:

[tex]Bag = 2\frac 34[/tex]

The area covered by each bag is given as:

[tex]Area = 235.5ft^2[/tex]

If she uses all bags, the total area covered by the bags is:

[tex]Total = Bag \times Area[/tex]

So, we have:

[tex]Total = 2\frac 34 \times 235.5ft^2[/tex]

Rewrite the fraction as an improper fraction

[tex]Total = \frac {11}4 \times 235.5ft^2[/tex]

This gives

[tex]Total = \frac {2590.5}4 ft^2[/tex]

[tex]Total = 647.625 ft^2[/tex]

Hence, she will be able to cover a total area of 647.625 square feet

Read more about areas at:

https://brainly.com/question/24487155

c-3=6
x+8=18
y-5=4
Please Show your Work For each problem.​

Answers

Answer:

1. 9

2. 10

3. 9

Step-by-step explanation:

c-3=6

 +3 +3

-----------

c = 9

x+8=18

  -8  -8

------------

x = 10

y-5=4

 +5 +5

------------

y = 9

hope this helps! :D brainliest would be very, very much appreciated!! <3

9. If ATLY ~ ACHK, find the value of x.

Answers

Check the picture below.

Does it pass the vertical line test. Pls help..
Is this a function?

Answers

Answer:

This is a function

Step-by-step explanation:

The vertical line test is a test where you take a straight vertical line and move it from right to left. If during the test, the line touches two points at the same time, it's not a function. In this case, it is a function since it passes the vertical line test.

Answer:

yes

Step-by-step explanation:

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