Terrence gets a loan with a $50 processing fee. The loan is for $700 with an interest rate of 8% for one

year.

The interest on the loan is

The APR on this loan is

15.14%

Step-by-step explanation:

The formula for APR is stated thus:

APR=fees+interest/principal/n*365*100

principal is the loan amount of $700

fees is the processing fees on the loan which is $50

interest amount=principal*interest %=$700*8%=$56

n is the number of days of the loan which is a year i.e 365 days

APR=($50+$56)/$700/365*365*100

APR=$106/$700/365*365*100

APR=0.151428571 /365*365*100

APR=0.151428571 *100=15.14%

The annual percentage rate on the loan is 15.14% which represents the actual cost on the loan not just the interest cost of 8% annually

d. bc = 12 and ef = 16

step-by-step explanation:

we are given that δabc : δdef such that .

also, it is given that

so, from the options, we need that .

a.

b.

c.  

d.

as, we can see that only option d gives the same ratio as i.e. .

hence, the possible lengths are bc = 12 and ef = 16.

entering that problem on the tube might get you an answer