Solomon is taking out 15,320, 2 year loan with an apr of 3.29%. what will be the finance charge for this loan

The finance charge for this loan of Solomon is $1008 approximately.

Solution:

Given, Solomon is taking out 15,320, 2 year loan with an APR of 3.29%.

We have to find What will be the finance charge for this loan.

Now, yearly interest on amount of $15320 = 3.29% of 15320

Yearly interest on amount of $15320

Yearly interest on amount of $15320 = 0.329 x 1532

Yearly interest on amount of $15320 = 504.028

So, for 2 years, his interest will be 2 x 504.028 = 1008.056

Hence, finance charge for this loan is $1008 approximately.

10.416 meters per second

step-by-step explanation:

distance=1 00 meters

time= 9.6 seconds in decimal form or 9 3/5 as a mixed number

average speed= 100/9.6

=10.416 meters per second or 10 52/125 as a mixed number.

answer: the answer is fre sha voca do

step-by-step explanation: