9514 1404 393
Answer:
12.1204%
Step-by-step explanation:
The nominal annual rate is 4 times the effective quarterly rate:
(1 +0.12/12)^3 = 1.030301
so the effective quarterly rate is 3.0301%.
The equivalent annual rate compounded quarterly is 12.1204%.
Answer:
D. 1/3^3
Step-by-step explanation:
Divide 3/3 as usual and get 1.
When dividing exponents, you are actually subtracting them. 5-8 = -3.
D is the answer because positive exponents in the denominator of the fraction is the same as a negative exponent in the numerator.
Answer:
a=13m
Step-by-step explanation:
that's it in the picture
