Answer:
x = 8 or x = -8
Step-by-step explanation:
Answer:
absolute value will always be positive
the answer is x=8
The required APR is 56.01%.
The annual percentage rate (APR) is the cost of borrowing money expressed as a yearly percentage. It provides a more comprehensive picture of a loan's cost than the interest rate alone. It includes the interest rate, as well as any discount points or other costs.
A good APR is around 16%, which is the current credit card average. Individuals with poor credit may only have access to higher-interest credit cards. Some consumers with good credit may be able to obtain cards with interest rates as low as 12%.
Alan Cohl obtained an installment loan for $3,560.
His financecharge is $308.56, and he will make 18 monthly payments.
We know that
Annual percentage rate = monthly rate x 12
Now, the total interest
= 308.56 x 18 - 3560
= $1994.08
and, monthly interest = 1994.08/12 = 166.173
Also, the monthly rate = 166.173/3560 =4.7%
Thus, the APR = 4.7 x 12
APR = 56.01%
Learn more about APR here:
#SPJ3
(that is one fifth )
1/5t-3=-17
The algebraic expression "8 minus the quotient of 15 and y" can be written as:
8 - (15 / y)
Given that a verbal expression we need to convert it in algebraic form,
The given algebraic expression is "8 minus the quotient of 15 and y."
To understand this expression, let's break it down step by step:
Quotient: The quotient refers to the result of dividing one number by another.
In this case, we are dividing 15 by y. The expression "15 divided by y" can be written as 15/y.
Minus: The word "minus" indicates subtraction. It means we need to subtract the value obtained in the previous step from 8.
Putting it all together, the algebraic expression "8 minus the quotient of 15 and y" can be represented as:
8 - (15/y)
This expression represents the difference between 8 and the result obtained by dividing 15 by y.
The expression represents the result of subtracting the quotient of 15 and y from 8.
The value of y will determine the specific numerical result when you substitute it into the expression.
Learn more about algebraic expression click;
#SPJ6