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A payday loan company charges a $95 fee for a $500 payday loan that will be repaid in 11 days. Treating the fee as interest paid, what is the equivalent annual interest rate?
Example of mathematical operations: Example: Solve the following equation: [2 .( 3 + 5) - 5 + 2] x 3 = ________ Solution: a. Perform operations with
2x + 3x
uses of maths concept
Steps in solving graphical method of simultaneous linear equations
5x-2y+55x=4x
DEVELOPMENT IS CONTINUOUSLY GOING ON : Think of any two children around you. Would you say that they are alike? Do they learn the same things the same way? It is very unlikely be
Calculate log equation: Calculate log 10 2 - log 10 3. Solution: Rule 2. log 10 (A/B): log 10 A - log 10 B log 10 2 - log 10 3 = log 10 (2/3) =
Illustration : Solve the following IVP. Solution: First get the eigenvalues for the system. = l 2 - 10 l+ 25 = (l- 5) 2 l 1,2 = 5 Therefore, we got a
1. Suppose the arrival times of phone calls in a help centre follow a Poisson process with rate 20 per hour (so the inter-arrival times are independent exponential random variables
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