What is the apr of a payday loan for $1095 due in 15 days that charges a
$135 fee?

295.89%

Step-by-step explanation:

Let us assume the APR of the payday loan is r%.

Therefore, a $100 loan for the period of 1 year will charge $r.

So, $1095 loan for the period of 1 year will charge $

So, $ 1095 loan for the period of 1 months will charge $

Hence, $ 1095 loan for the period of 15 days will charge $

So,

⇒ 0.45625r = 135

⇒ r = 295.89

Therefore, the APR is 295.89%.

the answer

b. they are parallel and will never intersect.

x = ±sqrt(10)

step-by-step explanation:

5 - 2x² = -15

subtract 5 from each side

5-5 - 2x² = -15-5

-2x^2   = -20

divide by -2 on each side

-2x^2   /-2= -20/-2

x^2 =10

take the square root on each side

sqrt(x^2 )=±sqrt(10)

x = ±sqrt(10)

check:

5 - 2x² = -15

+sqrt(10)

5 - 2(sqrt(10))² = -15

5 -2(10) = -15

5 -20 = -15

-15 = -15

-sqrt(10)

5 - 2(-sqrt(10))² = -15

5 -2(10) = -15

5 -20 = -15

-15 = -15