Answer:
a. 12% per year
Explanation:
Effective interest rate
r = (1 + i/n)^n - 1
r = effective interest rate
i = simple interest rate compounded monthly
n = number of compound intervals
12.68% = ((1+i/12)^12)-1)
1+0.1268 = ((1+i/12)^12)
1.1268^(1/12) =1+i/12
1.010 = 1+i/12
1.010-1 = i/12
0.010 x 12 = i
i = 0.12 = 12%
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I think its answer B because if they are sending more out then they are producing then it most likely going to decrease
Monday, June 26, 2006, agreed to sell the Spanish-language broadcaster for $12.3 billion in cash to a consortium of investors
The 200 mile limit only applies to fishermen from forgein lands. The limits don't apply to native fishermen so the tradgedy of the commons could still occur.
