The nominal rate to plug in will be 0.085.
Given to us, the nominal rate is 8.5%,
The value to plug into your equation,
The equation can be simple interest or compound interest in both cases the value of the nominal rate to the plugin will be the same.
Thus, the nominal rate is 8.5% can be written as

Hence, the nominal rate to plug in will be 0.085.
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Answer:
12
Step-by-step explanation:
To solve the problem, you have to leave the x alone,
To do so, you have to add 84 on each side
12x = 4x + 96
Then, subtract 4x on each side,
8x = 96
Then divide each side by 8, so
x = 12
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Answer:
1/16
Step-by-step explanation:
multiply the separate probabilities. On the number, it's 1/8 chance you'll get 1. On the letter, it's a 3/6 or 1/2 chance you'll get an A.
1/8 * 1/2 is 1/16.
Answer:
-12, -3/4, -0.4, 0.4, 3/4, 8
Step-by-step explanation: