Answer:
B. 99.098%
Step-by-step explanation:
Answer:
effective annual rate is 6.16 %
Step-by-step explanation:
given data
rate = 6 % = 0.06
time 5 year = 10 semi annually
to find out
effective annual rate
solution
we know formula for annual effective rate of interest is
rate of interest =
-1
put here all value
rate of interest =
-1
rate of interest =
-1
rate of interest = 0.061646
so effective annual rate is 6.16 %
Answer:
Option C: (5/4)x - 2 = (3/2)x - 4
Step-by-step explanation:
A) (5/2)x + (7/2) = (3/4)x + 14
Multiply through by 4 to get;
10x + 14 = 3x + 56
10x - 3x = 56 - 14
7x = 42
x = 42/7
x = 6
B) (5/4)x - 9 = (3/2)x - 12
Multiply through by 4 to get;
5x - 36 = 6x - 48
6x - 5x = 48 - 36
x = 12
C) (5/4)x - 2 = (3/2)x - 4
Multiply through by 4 to get;
5x - 8 = 6x - 16
6x - 5x = 16 - 8
x = 8
D) (5/2)x - 7 = (3/4)x + 14
Multiply through by 4 to get;
10x - 28 = 3x + 56
10x - 3x = 56 + 28
7x = 84
x = 84/7
x = 12
Answer:
The correct answer will be explained if you answer this short riddle.
If cinderellas shoe fits perfectly, then why did it fall off?
Step-by-step explanation: