Stacy smith has a $50,000 loan with a 10% annual interest rate. she paid $250 for a credit report, $300 for attorneys, $250 for appraisal fees, and $5,268 in total interest for the first year. if the apr is the finance charge (interest plus fees) for one year ÷ amount financed, what was the apr for that year?

APR = 12.14%

Step-by-step explanation:

(250+300+250+5,268)÷50,000

Amount paid for a credit report = $250

Amount paid for the attorneys = $300

Amount paid for the appraisal fees = $250

So, Total fees for one year = 250 + 300 + 250

⇒ Total fees for one year = $800

Total interest for one year = $5268

So, Total finance charge for one year = Total fees + Total interest

⇒ Finance Charge = 800 + 5268

⇒ Finance Charge = $6068

Amount financed for the loan = $50000

7! = 7×6×5×4×3×2

3! = 3× 2

as 7! is multiple of 3! because 7! contains 3! that is 3× 2 as factor

so 7! /(3! ) = 7× 6× 5× 4

= 42 × 20

= 840

its b) 840✌✌✌

dhruv⭐

correct choice is b

step-by-step explanation:

when you calculate the average rate of change of a function, you are finding the slope of the secant line between the two points. for the function the average rate of change from point to point can be calculated as

to find the average rate of change from day 2 to day 10, note that at day 2, 8 houses were sold, so a(2,8) and at day 10, 2 houses were sold, so b(10,2). thus,