9514 1404 393
Answer:
0.06164
Step-by-step explanation:
The effective annual rate obtained by compounding nominal annual rate r monthly is ...
eff rate = (1 +r/12)^12 -1
Then the value of r is ...
r = 12×((eff rate) +1)^(1/12) -1)
For the given effective rate, that is ...
r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate
Answer:
4500x20
Step-by-step explanation:
It will give you your answer
Answer:
it is C.
Step-by-step explanation:
8 people take up one table and 104/13=8
Answer:
x = 7
Step-by-step explanation:
5x-4 = 31
5x = 31+4
5x = 35
x = 7
2=4(-3) + b
2= -12 + b
14= b
Y=4x + 14
