Find the slope of the line whose equation is y=2/3x-3. Please explain :)
1 answer:
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The correct option is B, II. only.
Given to us,
I. In the effective rate formula, n is equal to one.
Effective interest rate formula,
where,
r is the effective interest rate,
i is the stated interest rate,
n is the number of compounding periods per year.
According to the question the compounding periods per year is not given to us. Also, loans are taken for a longer period of time.
Thus, we can conclude that statement is false.
II. The nominal rate is 7. 918%.
nominal rate = real interest rate + inflation rate,
but as it is not mentioned in the question about the inflation rate. the statement is true to us. Assuming the inflation rate is 0%.
Thus, we can conclude that statement is true.
III. The Federal Funds Rate is static.
This statement is false, as the no information is given about this statement also this can not be concluded through assumption.
Thus, we can conclude that statement is false.
Hence, The correct option is B, II. only.
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Answer:
Circumference(C) of the circle is given by:
where, r is the radius of the circle.
As per the statement:
A circular swimming pool has a radius of 15 ft.
⇒radius of the pool(r) = 15 ft
There is a path all around that pool that is three feet wide.
⇒radius of the outer edge of the path around the pool(r') = 15 +3 = 18 ft
Substitute these in the formula we have;
⇒
Therefore, the circumference of the outer edge of the path around the pool is, 113.04 ft