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

Please help me with all 3, I will mark brainliest as long as u tell me how u got those answers

Answers

1- (2,7) x values are not repeated

2-(3,4) bc the x none of the x values are the same, so it makes a function

3-(7,1) the same ^^

read the photo and please answer!! please someone help me answer this and please do give explanation to your answer!


w + 3 = 16
w/3 = 16
w-3 =16
3w = 16​

Answers

answer is w+3=16 because she needs to do 16 weeks and she already did three so you could do 16-3 but instead the equation would be w+3=16

Answer:

w + 3 = 16

Step-by-step explanation:

"w" is "how many more weeks" and ( + ) she already did her chores for 3 weeks straight.

w + 3 = 16

You deposit $480 each week into an account earning 4.5% interest compounded weekly.

a) How much will you have in the account in 30 years?

b) How much total money will you put into the account?

c) How much total interest will you earn?

Answers

Answer:

Result:

The amount is $7763.37 and the interest is $4263.37.

Step-by-step explanation:

Problem:

If you deposit $3500 into an account paying 10% annual interest compounded monthly , how much money will be in the account after 8 years?

z varies jointly with y and the square of x.If z= 252 when y= -7 and x= -3 , find z when x = -2 and y= 2​

Answers

Answer:

z varies jointly with y and the square of x.If z= 252 when y= -7 and x= -3 , find z when x = -2 and y= 2

How can we multiply fractions

Answers

Answer:

There are three simple steps...

Step-by-step explanation:

Step 1: Multiply the numerators from each fraction by each other (the numbers on top). The result is the numerator of the answer.

Step 2: Multiply the denominators of each fraction by each other (the numbers on the bottom).

Step 3: Simplify or reduce the answer.

Calculate the coefficient of
- 2a x (-3ry) x 17x+y25​

Answers

Answer:

-2, -3, 17, 25.

Step-by-step explanation:

It's any number before a variable.

8 less than the length L

Answers

Answer:

L-8=?

Step-by-step explanation:

find the derivative of tan^-1 x​

Answers

I hope it is helpful for you .....

What is the y-intercept of y= 1/5x - 3

Answers

Answer:

-3

Step-by-step explanation:

Slope-intercept form:

y = mx + b

y = 1/5x - 3

m = slope = 1/5

b = y-intercept = -3

Write 50,000+1,000+200+60+3 in standard form

Answers

51260 is the answer

-8(17-12)
What is the value of -2(8-(-2))?
0-4
0-2
O 2
O 4

Answers

Answer:

The first one is -40. The second one is -20.

Step-by-step explanation:

With the 1st one you do 17-12 which is 5 and 5*-8 is -40. With the 2nd one, 8-(-2) is 10 and 10*-2 is -20.

Ricky Bobby wants to buy a new automobile for $55,000 in 8 years. How much money must Ricky's original investment be if he makes a single deposit into an account with monthly compounding and an annual interest rate of 3.90% in order to reach his goal? Round your answer to the nearest cent.

Answers

Answer:

PV= $40,279.36

Step-by-step explanation:

Giving the following information:

Number of periods= 8*12= 96 months

Interest rate= 0.039/12= 0.00325

Future value (PV)= $55,000

To calculate the initial investment, we need to use the following formula:

PV= FV/(1+i)^n

PV= 55,000 / (1.00325^96)

PV= $40,279.36

PLEASE HELP ME WITH MATH

( if you need a better view just comment your snap or instagram to get a better view )

Answers

Answer:

welp you asked me to answer but I don't do this stuff anymore. sorry I hlp you.

Random fact? If you cut off all your skin you could last up to 7 more hours?

I think

I WILL GIVE BRAINLIEST!!

Answers

Answer:

35

Step-by-step explanation:

You can run 10 miles in 80 minutes. How far can you run in 2.5 hours?

Answers

Answer:

18.75 miles

Step-by-step explanation:

1 hour = 60 minutes

2.5 Hours = 150 minutes

10 miles _____> 80 minutes

x_______> 150 minutes

x= ( 150 * 10) / 80

= 1500/80

x= 18.75 miles

easy

Answer:

Step-by-step explanation:

10 miles- 80 minutes

            ?- 150 minutes

1500+80x

X= 10.75 miles

Which point-slope equation represents a line that passes through (3,-2) with a slope of -4/5?
y-3=(x+2)
y-2 = (2x - 3)
y+2=- (– 3)
y + 3 = 4(x + 2)

Answers

Answer:

y + 2 = -4/5 (x - 3)

Step-by-step explanation:

y - y1 = m (x - x1). Put in your points for y1 and x1, and always remember to flip your signs.

unfortunately, I don't know why that isn't one of your answers, so sticking with the positive 2 I would choose y+2=- (- 3) if I were you. Looks like the -4/5 disappeared somehow?

Hope this helps

The perimeter of a triangle is 17x-5 units. One side is 3.x + 5 units and another is 8x-3 units. How many units long is the third side?

Answers

Answer:

C = 6x - 7 units

Step-by-step explanation:

Let the three sides of the triangle = A, B, and C respectively.

Given the following data;

Perimeter of triangle, P = 17x-5 units

Side A = 3x+5 units

Side B = 8x-3 units

To find side C?

The perimeter of a triangle is given by the addition of all its three (3) sides.

Mathematically, the perimeter of a triangle is given by the formula;

P = A + B + C

Making "C" the subject of formula, we have;

C = P - A - B

Substituting into the equation, we have

C = 17x - 5 - (3x + 5) - (8x - 3)

C = 17x - 5 - 3x - 5 - 8x + 3

Collecting the like terms, we have;

C = 17x - 3x - 8x - 5 - 5 + 3

C = 6x - 7 units

Therefore, the third side is 6x - 7 units long.

A student has a class with four tests, each worth 100 points, and has earned these
scores on the first three tests: 75, 74, 71. What is her average now? What score must
she earn on the fourth test to get a B (80) in the class?

Answers

The student's average is 73.33.

The score on the fourth test to have a B is 100.

What is the average?

The average can be determined by adding the scores and dividing it by the total scores.

Average on the first three scores : (75 + 71 + 74) / 3

220 / 3 = 73.33

Score on the fourth test to get an 80: 80 = (220 + x) / 4

80 x 4 = 220 + x

320 = 220 + x

x = 320 - 220

x = 100

To learn more about average, please check: https://brainly.com/question/25842202

#SPJ1

Convert 40 miles per hour to feet per second.

Answers

Answer:

Step-by-step explanation:

58.6667

Answer:

The answer is 58.6667

Remember that whole numbers that are next to each other, for example, 2 and 3, or 43, 44, and 45 are called consecutive numbers.

If n is the smallest of three consecutive integers, write an expression for the largest number.

Answers

Answer:

n +2

Step-by-step explanation:

If three numbers are consecutive, the 2nd number would be one more than the 1st number, and the 3rd number would be one more than the 2nd number.

Since the smallest number is n,

2nd consecutive number= n +1

3rd consecutive number

= n +1 +1

= n +2

Thus, the expression for the largest number is n +2.

Let's check!

If the smallest of the three consecutive number is 1, the 3rd consecutive number would be 3.

3rd consecutive number

= n +2

= 1 +2

= 3 (✓)

Thus, the expression is correct.

Wait so add 25.50 +25.50

Answers

Answer:
25.50 +25.50= 51

Plzz Due today!
The table below represents a linear function f(x) and the equation represents a function g(x): (See pic)


Part A: Write a sentence to compare the slope of the two functions and show the steps you used to determine the slope of f(x) and g(x).

Part B: Which function has a greater y-intercept? Justify your answer.

Answers

Answer:

Step-by-step explanation:

A.

slope of f(x) remember that m=rise /run and see how you get from point (0,0) to (1,3) for example

m= rise 3/ run 1= 3

slope of g(x) you find by comparing it to y=mx+b wher m is slope and b is intercept so g(x) slope is m = 7

Slope of f(x) is 3 and slope of g(x) is 7 so g(x) go upward  faster.

B.

again compare g(x) =7x+2 with y=mx+b where b is the y-intercept

g(x) has y-intercept at (0,2)

we can see from the table that at x=0 the y-intecept is 0

f(x) has y-intercept at (0, 0)

g(x) has a greater y-intercept point

please help it's due today haha:/

Answers

Answer:

C

Step-by-step explanation:

The pool raises 30 inches every 4 secounds

Therefore the equations to find the answer is 30 divided by 4 which equals 7.5

Answer:

4 seconds = 30 inches

1 second = 30/4

               = 7.5 inches

Hope it helped!!

Brainliest!!

Find the solution to the system -6×+8y=12 and -3×+4y=6

Answers

Answer:

hey can you please answer my biology question

Step-by-step explanation:

pleaseeeeeeeee

i really need

help.

Answer:

y = 3/4x + 3/2

x = 4/3y - 2

There are infinitely many solutions.

__________

To prove these equation are the same

multiply every quantity by 2 using the multiplication property of equality.

[ -6x + 8y = 12 ] = 2 [ -3x + 4y = 6 ]

2(-3x) + 2(4y) = 2(6) = 2(-3x) + 2(-4y) - 2(6) = -6x + 8y = 12 = -6x + 8y - 12

2(-3x) + 2(4y) - 2(6) = -6x + 8y - 12

-6x + 8y - 12 = -6x + 8y - 12

+6x -8y +12 +6x -8y + 12

(The general property of equality, what you do to one side, you must do to the other)

0 = 0 [always true]

69 athletes are running a race. A gold medal is to be given to the winner, a silver medal is to be
given to the second-place finisher, and a bronze medal is to be given to the third-place finisher.
Assume that there are no ties. In how many possible ways can the 3 medals be distributed?

Answers

Answer:

The order of finishing is important here, therefore you use permutations rather than combinations.  Athlete A winning a gold medal, athlete B silver, and athlete C bronze is not the same as athlete A bronze, athlete B silver and athlete C gold for instance

69P3 = 69! / (69 -3!)

Step-by-step explanation:

Need help i don't get it

Answers

-3

Step-by-step explanation:

It looks like they give us the x and want to know which other x has the same point on the same y

Help me find the given

Answers

Answer:
(1/2)x^2+5x+7

HELP ME PLZZZZZZZZZZ I WILL GIVE MORE POINTS AT THE END

Answers

Answer: the answer is u [tex]\geq[/tex] 2

twice a number plus 7 is no more than 12. what is inequality

Answers

Answer:

2x + 7 ≤ 12

Step-by-step explanation:

In regard to exercise, which of the following statements about safety consideration is correct?
A.
In hot weather, exercising between 10 a.m. and 4 p.m. is best.
B.
Exercising at 100% of your maximum heart rate is best.
C.
Exercising one hour before eating is best.
D.
Remaining well-hydrated while exercising is best.

Answers

Answer:

its D just took the test

Step-by-step explanation:

Answer:

D

Step-by-step explanation:

Other Questions
If 8 g of a radioactive substance are present initially and 2 yr later only 4 g remain, how much of the substance will be present after 5 yrs? 20 ML of a gas at 200 K is heated until the new volume is 55ML what is the final temperature of the gas A 3,000 square foot office space is leased for $17.00 per square foot. The space is vacant one month out of the year. Expenses total $22,500 for the year but an expense stop is in place that passes $4,500 of these expenses onto the tenant. What is the landlord's Net Operating Income Determine the area of squre ABCD with AB=3cm Why is your physical and mental health important? Find the values of a, b, and c in the equationbelow.a=b=c= Find the measures of angles A, B, and C in triangle ABC m < B=3* mm What would happen to an organism is mitosis did not occur For the expression: 12 - 7k + 9 - k What are the terms?What are the like terms? What are the coefficients? What are the constants? What is the expression simplified? Part AIf the newly-founded island population of moths in your GENETIC DRIFT Labsimulation contains 30 (BB) black, 12 (Bb) grey, & 3 (bb) white moths, what isthe frequency of the white alleleb alleles) for the moth-coloration gene in thepopulation10%139200SubmitRequest Answer Due tonight please help! The writer is considering deleting the underlined text in sentence 14 (reproduced below).Salt in human sweat is a goat magnet; worse still, some thoughtless and irresponsible people feed the goats directly.Should the writer keep or delete the underlined text? At the end of the story, before Anna's leg breaks through the windshield, it thumps against the glass over and over. What effect does this have on the mood of the story? Support your answer with details from the text. PLEASE HELP A plane flies at a steady rate of 40 mph while a second plane flies at a steady rate of 100 mph. The planes are 200 miles apart and fly directly toward each other. In how many hours will they meet? 1. I thought I was prepare for what our family would expect on the wide-open planes of the frontier. I was wrong.2. The letter from Father's brother arrived at our home in Philadelphia on May 1, 1867, coincidentally the Day Nebraska became the 37th state in the Union. Uncle Matthews have been searching for land in Nebraska for 2 years and have secured a land for our family, if we want it. Was father interested?3. Of course he was interested! Ever since my uncle and his family mood West, it's been all father could talk aboutthe adventures, the awards of being reaped from working on the land, the freedom, the wide open space. Mother was not so sure about living on the prairie, but she had hitched her dreams to Father's long ago. So it was when we set off with everything we owned tied down to a solitary wagon covered with a large white canvas cloth.4. weeks later we stood with Uncle Matthew by a small stream on our new landanchors and anchors of earth blanket with the tall prairie grass. "The first chore," he said "is to build a house." But there was almost no stone to use for construction. The the few trees within sight were not suitable for lumber, Andy clay needed for bricks and scarce.5. "What kind of house?" I posed out loud.6. He chuckles ruffling my hair. "A soddie." 7 So a sod house it would be. I was set to cut the long grass short with help of scythe scythe swing back and forth over the land. Mother gather the grass and bundles and use for kindling. Uncle Matthew's hitched a plow called a "grasshopper" to one of the horses and begin cutting strips of sod about 18 in wide and 4 in thick further use an axe to hew bricks of sod.8. We only cut as much sod as we could use each day and lay the bricks in a criss-cross pattern. We left gaps for the doors and windows. we fashioned the roof of twigs and branches woven together with straw pile on top, and we place more sod above as a final layer.9. "The canvas from the wagon will come in handy," Uncle Matthew's remarks.10. "For what." I asked.11. "We'll hang it inside, under the ceiling. It'll catch dirt and critters that might drop down. unless you rather have them plop into your stew or fall on your bed," he laughed.12. We hung a horse's like it in the entryway to serve as a door until we could fashion a real one wood, and we use paper grease with animal fat as Windows. The house was just one room, but it was our whole living areaparlor, kitchen, and bedroomsall in a single place. Cozy was the only word I could think of to describe it at the moment.13. But during that first year, I also learned that are soddie kept us warm in the winter and cool in the summer. It leaks when it rains and on hot days Mother could pour water on the floor once a week to keep the dust settled. The three of us were crowded but happy, and no one I knew from Philadelphia could walk outside on day in May and see wildflower springing from roof and walls of his house!Which point of view would allow the author to reveal the thoughts of both the mother and the father? Ofirst person O omniscientO dramatic O limited Which of the following describes how regions of phospholipids are arranged in the cell membrane? Why is international trade important to most countries?A. Trade allows countries to acquire natural resources not found intheir own territories.B. Trade ensures that countries will not create trade deficits thatharm their economies.C. Trade protects countries from economic competition withneighboring countries.D. Trade encourages countries to produce all the goods their citizensneed. What does audacious mean in paragraph 6?Abigail AdamsA. Radical B. Exciting C. Reckless D. Brave I need help with this 9/2 divided by 2/9 what are the differences between antibiotics and vaccines???????........................