Find the approximate annual percentage rate using the approximate annual percentage rate formula. Round to the nearest tenth of a percent.Amount financed: $300Finance charge: $50Number of monthly payments: 24
A. 16.7%
B. 16.0%
C. 17.4%
D. 14.8%
Answer: B
You might also like to view...
Choose the equation that matches the graph.
A. -
= 1
B. -
= 1
C. -
= 1
D. +
= 1
The following double-bar graph illustrates the revenue for a company for the four quarters of the year for two different years. Use the graph to answer the question. In what quarter was the revenue the greatest for 2010?
A. first quarter B. fourth quarter C. third quarter D. second quarter
Write the number as indicated.When the stock market went down in the Spring of 2000, Ellen lost three million, eight thousand, dollars. Write the number using digits.
A. $3,008,078 B. $3,800,078 C. $3,800,780 D. $3,080,078
Solve the problem.An omelette costs $1.50 more than Mario's order of pancakes. After treating his family to breakfast, Mario is sure that 5 omelettes and 3 orders of pancakes cost more than $25 but not more than $40, including tax of 7% and a tip of $3.50. In what price range is an order of pancakes?
A. ($1.57, $3.33] B. ($1.55, $3.30] C. ($1.57, $3.33) D. [$1.55, $3.30]