9514 1404 393
Answer:
0.06164
Step-by-step explanation:
The effective annual rate obtained by compounding nominal annual rate r monthly is ...
eff rate = (1 +r/12)^12 -1
Then the value of r is ...
r = 12×((eff rate) +1)^(1/12) -1)
For the given effective rate, that is ...
r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate
28 people going.....3 vans and 1 car....8 people per van
if there is 8 people per van, and there is 3 vans....8 * 3 = 24 people take the vans......leaving 28 - 24 = 4 people taking the car <==
Answer:
.7660
Step-by-step explanation:
when you get to 0 at 7660 you round with the number next to it if its 5 or bigger you add a one to the number since 4 isn't greater than or equal to 5 than your numbers stay the same
Answer:
$8,500
Step-by-step explanation:
Interest = 5000 x 5 x 0.14
= 1000 x 0.14 x 25
= 140 x 25
= 3500
5000 + 3500 = 8500
Answer:
i think is 3/2. im no really sure