Alan writes the equation A=500(1.25)t to figure out how much it will cost him for a one-year loan of $500 with an interest rate of 25% compounded only once. He wants to determine the annual percentage rate (APR) for a loan that would cost the same amount overall, if it is compounded monthly, instead of only once.

Which equation should he use, and what is the APR?

1. A≈500(1.0188)^12t APR≈22.56%
2. A≈500(1.0188)^12t APR≈1.88%
3. A≈500(1.2512)^112t APR≈14.55%
4. A≈500(1.25)^12t APR≈1.88%

answer;

the correct answer

just use google you beautiful person.

have a nice day < 3

mr. flanders’ class sold 47 doughnuts and   mr. rodriquez’s class sold 38 cartons of milk

step-by-step explanation:

let x be the number of doughnuts sold by mr. flanders’ class and y be the number of cartons sold by mr. rodriquez’s class.

1. together, the classes sold 85 items, then

x+y=85.

2. both classes earn earned $104.49 for their school. if doughnuts were sold for $1.35 each, then x doughnuts costed $1.35x. if cartons of milk were sold for $1.08 each, then y cartons costed $1.08y. hence,

1.35x+1.08y=104.49.

3. solve the system of two equations:

the answer is a.

step-by-step explanation:

in three games of golf, alex shot two under par four times.

a) 0,0; 1,1; and 2,2

step-by-step explanation:

these have the exact same coordinates, thus they are the correct function.