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xxTIMURxx [149]
1 year ago
7

When calculating a loan’s effective rate, if the interest compounds every two months, what value of n do you plug into your equa

tion? a. 2 b. 0.167 c. 6 d. 60
Mathematics
2 answers:
olga2289 [7]1 year ago
8 0

The value of n you plug into your equation will be 6. Then the correct option is C.

<h3>What is compound interest?</h3>

Compound interest is the interest on a loan or deposit calculated based on the initial principal and the accumulated interest from the previous period.

When calculating a loan’s effective rate.

If the interest compounds every two months.

Then the value of n you plug into your equation will be

If the interest is compounded every two months, the interest will be applied six times every year.

Because there are 12 months in a year, the value of n that you will plug into your equation is 6, and it will be compounded every two months.

More about the compound interest link is given below.

brainly.com/question/25857212

jeka57 [31]1 year ago
7 0

Answer:

C

Step-by-step explanation:

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Ana drew a map of the Panama Canal. In the scale Ana used for the map, 4 centimeters represents 20 kilometers. The actual length
yawa3891 [41]

Answer:

Length of the canal on the map is 16.4 centimeters.

Step-by-step explanation:

If actual length of Panama Canal = 20 kilometers

and length of the canal on map = 4 centimeters

Then scale factor = \frac{\text{Length of canal on map}}{\text{Actual length of canal}}

= \frac{4}{20}

= \frac{1}{5}

If the actual length of Panama Canal = 82 kilometers

Then the length of canal on the map = Actual length × Scale factor

= 82\times \frac{1}{5}

= 16.4 centimeters

Therefore, length of the canal on the map is 16.4 centimeters.

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3 years ago
What are the solutions to the system of equations?<br> y= x^2 - 4x + 8<br> y= 2x +3
coldgirl [10]

Answer:

(1, 5) and (5, 13)

Step-by-step explanation:

8 0
3 years ago
What is the greatest factor of 63 that is also a prime number?<br> 7<br> 9<br> 13<br> 21
Brums [2.3K]

Answer:

7

Step-by-step explanation:

Note the factors of each number. Prime numbers are numbers that can only be factored to itself and 1. Note:

Factors of 1:

1

Factors of 3:

1 , 3

Factors of 7:

1 , 7

Factors of 9:

1 , 3 , 9

Factors of 21:

1 , 3 , 7 , 21

Factors of 63:

1 , 3 , 7 , 9 , 21 , 63

6 0
3 years ago
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John read the first 114 pages of the novel, which was 3 pages less than 1/3 of the novel.
sp2606 [1]
If they're asking you how many pages are in the novel, there would be 351. To find this, you just add 3 to 114, which is 117 and multiply it by 3, which is 351. If they're asking something else, let me know and I'll try to help. I hope this helps!
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3 years ago
Can someone help? I don’t really understand what reflect over line y=x means :)
soldier1979 [14.2K]

Answer: (-3,7)

Step-by-step explanation:

Flip the signs

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3 years ago
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