Answer:
a. 16.13%
Step-by-step explanation:
By not taking the discount, the company pays ...
1/(1 -0.03) -1 ≈ 3.0928%
for the use of the creditor's money for 85 -15 = 70 days.
This translates to an annual rate x according to the proportion ...
3.0928%/70 = x/365
x = (365/70)(3.0928%) ≈ 16.13%
The APR of the credit the company is using is about 16.13%.
Answer:
D.2
Step-by-step explanation:
Answer:
i think it’s -3 i’m not sure tho
Step-by-step explanation:
1.5581 m
Step-by-step explanation:
For every cycle, it takes 6 hours to get from a high to low tide and another 6 hours back to high tide.
The change in the height of the tide in meters is;
2.1 – 0. 8 = 1.3 m
Therefore for every 6 hours, the tides shift by 1.3 meters. The average change is;
1.3 m / 6 hr
= 0.217 m / hr
= 0.00361 m / min
At 9.30 am, the tides are rising from low tides of 6.00 am
9.30 – 6.00 = 3.30
3hrs 30 min
= 210 min
The rise of the tide at this time is by;
0.00361 * 210
= 0.7581 m
The height of the tides will therefore be;
0.8 m + 0.7581m
= 1.5581 m
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Answer:
93
Step-by-step explanation:
The absolute value of any number will always be positive. Therefore, it is automatically 93.