Answer:
Step-by-step explanation:
Step 3
Answer:
<h2>The value of
is 31 years.</h2>
Step-by-step explanation:
The given equation is formed by different variables, where indicates the period of time in years where the rate of inflation is calculated.
In this case, we have a period from 1980 to 2011. The difference between these years would be the period of time used to find the inflation rate.
Therefore, the value of is 31 years.
It is helpful by knowing it has at least one acute angle
1ft=12in
1ft/12in=1
3.5ft=?in
1ft:12in=3.5ft:?in
1ft/12in=3.5ft/?in
times both sides by 12?in
1?=42in
answer is 42 in
or you could just do
3.5 times 12=42 inches
Answer: 2.01%.
Step-by-step explanation:
Suppose Alex invests $1 into the account for one year. The formula is A=P0⋅(1+rk)N⋅k with P0=$1. We know that r=0.02 and k=2 compounding periods per year. Now, N=1 year. Substituting the values we have A=$1⋅(1+0.022)2=$1.0201. Now, to calculate the effective annual yield, we will use the formula rEFF=A−P0P0. rEFF=1.0201−11=0.0201 or 2.01%. When rounded to two decimals, rEFF=2.01%. However, do not include the % in your answer.
