If a nine-day single payment loan has a periodic interest rate of 10.5%, what is the approximate effective interest rate of the loan?
A. 56,356,3%
B. 5635.6%
C. 5735.6%
D. 57,356.3%

Item 8 an account earns simple interest. $700 at 8% for 6 years a. find the interest earned. $ b. find the balance of the account. $

Question: what is the value of x 4x-2= (-7) +5x. it would be greatly appreciated if someone could actually explain to me step by step

Each month, a shopkeeper spends 5x + 14 dollars on rent and electricity. if he spends 3x−5 dollars on rent, how much does he spend on electricity? for which value(s) of x is the amount the shopkeeper spends on electricity less than $100? explain how you found the value(s).