How is the interest rate on a payday loan calculated?
a.
loan amount divided by total fees
b.
total fees divided by loan amount
c.
total fees divided by days of loan
d.
APR divided by 365

Answers

Answer 1

Answer:

b. total fees divided by loan amount

Step-by-step explanation:

The interest rate on a payday loan is usually calculated by dividing the total fees accrued in the loan repayment calculation by the exact loan amount.

Doing this will result in determining the interest rate used in a loan and it’s usually important to ensure accountability and also making sure the exact rate contained in the Loan application agreement Is the same as what is used later on.

Answer 2

Answer:

b. total fees divided by loan amount

Step-by-step explanation:

The interest rate on a payday loan is usually calculated by dividing the total fees accrued in the loan repayment calculation by the exact loan amount.

Doing this will result in determining the interest rate used in a loan and it’s usually important to ensure accountability and also making sure the exact rate contained in the Loan application agreement Is the same as what is used later on.


Related Questions

Order these numbers least to greatest 5/3,1,12/6

Answers

Answer:

1,5/3,3 that the answers

Eighteen cups are equally packed into 6 boxes. Two boxes of cups break. How many cups are unbroken?

Answers

Answer:12

Step-by-step explanation:

18/6=3 cups in each box

3*2=6 cups broke=2 boxes

18-6=12 cups are unbroken

Lines
AB
and
CD
are straight lines. Find x and y. Give reasons to justify your solutions.

Answers

Answer:

x = 18

y = 54°

Step-by-step explanation:

m<MON = 90° (given)

m<MOA = 72° (given)

m<AON + m<MOA = m<MON (Angle Addition Postulate)

m<AON + 72° = 90° (Substitution)

Subtract 72° from each side

m<AON = 90° - 72°

m<AON = 18°

m<AOD = 18° + 2x

m<BOC = 3x

m<AOD = m<BOC (vertical angles)

18 + 2x = 3x (Substitution)

Subtract 2x from each side

18 = 3x - 2x

18 = x

x = 18.

72° + y + 3x = 180° (angles on a straight line)

Plug in the value of x

72 + y + 3(18) = 180

72 + y + 54 = 180

126 + y = 180

Subtract 126 from both sides

y = 54

The ______ identity is 1.

Answers

Answer:

I believe its ,multiplication

Step-by-step explanation:

because any number you multiply be one is one

mark brainliest if correct please

Answer:

multiplication

Step-by-step explanation:

Cause of Peter griffen

write the equation of the line in standard form passing through (2,-4) with a slope of -7​

Answers

Answer:

7x+Y=-2

Step-by-step explanation:

(y-y1)=m(x-x1)

(Y+4)=-7(x-2)

Y+4=-7x+2

Y+7x=2-4

7x+Y=-2


5
Subtract 27 from 43
14
21

Answers

Answer:

-0.4522

Step-by-step explanation:

Drag the phrases into the box to match each expression.

Answers

You need to show a picture

Answer:

theres no image

Step-by-step explanation:

9. The expression x(x-7)+4(x-7) is equivalent to each of the following except which choice?
(1) (x+4)(x-7)
(3) x2-28
(2) x2 – 3x – 28
(4) (x-7)(x+4)

Answers

Answer:

I the answer is number 3

x(x-7)+4(x-7)

x²-7x + 4x-28

=x²-3x-28

(x+4)(x-7)

x²-7x+4x-28

=x²-3x-28

(x-7)(x+4)

x²+4x-7x-28

=x²-3x-28

x2 – 3x – 28

the factored form is

=(x+4)(x-7)

Worth 75 points!! Need help with calculus

Answers

The correct answer is:

2u-v=7(5i-3j)

Therefore, 5, and 3 go inside the box.

Use this picture and help please

Answers

65 degrees because then it adds to 180 degrees

Answer:

This would be 55 degrees because the sum of angles A, B and C = 180 degrees

What is the equation of the line that passes through the point (5,2) and has a slope
of -3/5

Answers

Answer:y = -0.6x + 5

Step-by-step explanation:

Answer:

yessir the one on top is right btw

Step-by-step explanation:

hope this helped


Find 2 consecutive positive odd integers such that 4 times the larger is 29 more
than three times the smaller?

Answers

Answer:

21 and 23

Step-by-step explanation:

Two integers are:

x  and x + 2

The equation and solution:

4(x + 2) = 3x + 294x + 8 = 3x + 294x - 3x = 29 - 8x = 21

And

x + 2 = 23

select all equations that are equivalent to 5x+(x+6)+3x

Answers

Whoops! It looks like your question was not part of an academic assignment. Since Brainly is only intended for homework questions, we had to remove it. Please keep the question feed clear of personal questions so other users can get the help they need. Thanks! ߷

Solve the following​

Answers

Answer:

Q1

|a-b| = b-a when a<b

Q2

104159/33000

Step-by-step explanation:

Q1

If a<b then a-b will always be negative.  To get the absolute value, we can take -(a-b) = -a+b = b-a.

Q2

Let x = 3.12789789789...

We isolate the repeating decimal to start after the decimal, so we multiply by 100.

100x = 312.789789789...

We want to multiply by 10 for each digit that repeats (in this case 3), to get the repeating part to the left of the decimal.

100000x = 312789.789789

Subtracting the two...

x(100000-100) = 312789.789789 - 312.789789

99900x = 312477

x = 312477/99000 = 104159/33000

A total of 710 tickets were sold for the school play . They were either adult tickets or student tickets. There were 60 more student tickets sold than adult tickets. How many adult tickets were sold ?

Answers

Answer: 325

Explanation:

Let the number of adult tickets be x

( since there are an unknown amount of tickets for adults, we already know how many student tickets there are)

Let the number of student tickets be x+60

710=x+x+60

710=2x+60

 -60        -60

650=2x

650/2

= 325

Adult tickets=325

Student tickets=385

         

Calculator
2.25
What is the value of x?
D
3
Enter your answer in the box.
с
4
B
X =

Answers

3 should be it......

True of False:the following polynomial is written in standard form
2x^4-x^3+5x^2+x-7

Answers

The following polynomial is not written in standard form so it is false

Chad bought 1 box of raisins. He gave 1/6 of it to one brother, 1/4 to another brother, and he kept the rest for himself. What fraction did he keep?
Write the answer in the simplest form

Answers

Answer:

He kept 7/12 of the box.

Step-by-step explanation:

We add and convert both 1/6 and 1/4 because we cant add fractions with unlike denominators.

1/6 = 2/12  | 1/4 = 3/12

then add.

2/12 + 3/12 = 5/12.

we subtract this from a whole, which is 12/12.

12/12 - 5/12 = 7/12

he keeps 7/12 of the box

hope this helped!

ANSWER QUICK PLEASEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Answers

Answer:

case a) y=1/3x+8

case b) y=-3x+28

Step-by-step explanation:

case a)

parallel lines has the same slope, then, the searched line has the form:

[tex]y=\frac{1}{3} x +b[/tex]

Now, in order to find b, we must use the given point (6,10). By substituying this point into the last equation, one has

[tex]10=\frac{1}{3} 6+b\\10=\frac{6}{3} +b\\10=2+b\\b=10-2\\b=8[/tex]

Then, the line equation is y=1/3x+8

case b)

the slope of a perpendicular line is the "negative reciprocal" of the slope of the original line, that is

[tex]m=-\frac{1}{\frac{1}{3} } \\m=-3[/tex]

Hence, the searched line has the form y=-3x + b. Now, in order to find the y-intercept b, we must use the given point (6,10). Therefore,

[tex]10=-3(6)+b\\10=-18+b\\b=10+18\\b=28[/tex]

Hence, the searced equation is y=-3x+28

what kind of graph is this?

Answers

Answer:

Linear

General Formulas and Concepts:

Types of Graphs

LinearQuadraticExponentialCubicSquare rootCube root

Step-by-step explanation:

Whenever the graph is a straight line (either a diagonal or a horizontal, NOT a vertical line), it will always be linear.

Please find measure of angle s. PLEASE HELP FAST!!

Answers

Answer:

27

Step-by-step explanation:

15x-31 = 9x+11

6x-31 = 11

6x = 42

x = 7

15x -31 + 9x + 11 + s = 180

15(7) -31 + 9(7) + 11  + s = 180

105 - 31 + 63 + 11 + s = 180

153 + s = 180

s = 27

What is 0.06% written as a decimal?

Answers

Answer:

0.0006

Step-by-step explanation:

Which of the following equations demonstrates the Identity Property of One? A. 3 - 2 = 1 B. 4 • 1 = 14 C. 1 • b = b D. 0 + 1 = 1

Answers

Answer: C

The identity property of 1 is that any number multiplied but it remains the same.

Hence

1 x b = b

A theater sold 1,802 tickets for
their Saturday evening
performance. This was 635 more
than the number of tickets sold
for the matinee performance. If
tickets cost $75 each, find the
total ticket sales for two
performances.

Answers

Answer:

the answer would be 2,969 also i think the cost of tickets is pretty useless

Step-by-step explanation:

Answer:2,969

Step-by-step explanation:

Martin spent $68 on a new drone that he had been saving for. Now, he has $41 left in his savings jar. Click the equation that could be used to find the total of his savings, s, before he bought the drone.

Answers

Answer:

Step-by-step explanation:

109

The answer is 109 (Brainliest Answer Will be appreciated:D)

How do you do these two questions?

Answers

Answer:

(x − π)⁷ / 5040

(x − 1)³ / 16

Step-by-step explanation:

Taylor series expansion of a function is:

f(x) = ∑ₙ₌₀°° f⁽ⁿ⁾(x₀) / n! (x − x₀)ⁿ

where f⁽ⁿ⁾(x₀) is the nth derivative evaluated at x₀.

For the first problem, f(x) = sin x and x₀ = π.  We want the seventh degree term, so n = 7.

The seventh degree term is therefore: f⁽⁷⁾(π) / 7! (x − π)⁷

Find the seventh derivative of sin x:

f(x) = sin x

f⁽¹⁾(x) = cos x

f⁽²⁾(x) = -sin x

f⁽³⁾(x) = -cos x

f⁽⁴⁾(x) = sin x

f⁽⁵⁾(x) = cos x

f⁽⁶⁾(x) = -sin x

f⁽⁷⁾(x) = -cos x

Evaluated at π, f⁽⁷⁾(x) = 1.  So the seventh degree term is (x − π)⁷ / 5040.

For the second problem, f(x) = √x and x₀ = 1.  We want the third degree term,  so n = 3.

The third degree term is therefore: f⁽³⁾(1) / 3! (x − 1)³

Find the third derivative of √x:

f(x) = √x

f⁽¹⁾(x) = ½ x^-½

f⁽²⁾(x) = -¼ x^-³/₂

f⁽³⁾(x) = ⅜ x^-⁵/₂

Evaluated at 1, f⁽³⁾(x) = ⅜.  So the third degree term is (x − 1)³ / 16.

HELP ME PLEASEEEEEESS

Answers

Answer:

b

Step-by-step explanation:

13,84,85 are the last ones please help

Answers

Answer:

49,36,85

Step-by-step explanation:

c in step 4 comes from step 3... 49+36

a and b in step 3 come from step 2... in the same (you've got a - b and then 7 squared - 6 squared, so a is 49 and b is 36

You start at (0, 8). You move up 1 unit and right 3 units. Where do you end?

Answers

Answer:

1.11

Step-by-step explanation:

you will end up at (3,9)

The leg of a right triangle is 2 units and the hypotenuse is 4 units. What is the length, in units, of the other leg of the triangle?

2 units
6 units
Square root of 12 units
Square root of 20 units

Answers

Answer:

its 6 units

Step-by-step explanation:

Answer:

Square root of 20

I really hope i'm right sorry in advanced if i'm not

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