Answer:
4%/ a interest compounded semi-annually
Step-by-step explanation:
The option that gives the lower interest rate payment would be more appropriate. to determine this calculate the effective interest rate
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding
(1 + 0.04/2)^2 - 1 = 4.04%
(1 + 0.04/12)^12 - 1 = 4.07%
the choice should be 4%/ a interest compounded semi-annually
Equation arrangement: 10 + [1/2]^4. 48
[1/2]^4 = 1/2 * 1/2 * 1/2 * 1/2 = 1/16
10 + [1/16] * 48
According to the law of BODMAS, we have to carry out multiplication operations before we carry out addition operations, therefore, we now have.
[1/16] * 48 = 3
Then, 10 +3 =13.
Thus, the final answer is 13.
Let us find the slopes of the two lines
ax+by=c, slope m1 = -a/b
bx-ay=c, slope m2 = b/a
m1*m2 = (-a/b)(b/a) = -1
Therefore the two lines are perpendicular so the answer is D
Answer:
$18
Step-by-step explanation:
