2/3 divided by 1/2 equals 3/4.
So your answer would be 1/2.
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R=23 because its slope the formula is Y-Y/X-X
The answer is D: An account earning interest compounded daily.
Answer:
6.9%
Step-by-step explanation:
Interest rate is the one variable in an amortization formula that cannot be determined explicitly. An iterative solution is required, which means the computation must be done by a calculator, spreadsheet, or web site.
My TI-84 TVM Solver tells me that for the given loan amount and payment schedule, the APR is about 6.9%.
Answer:
6.71
Step-by-step explanation:
6.7082039325
Round it.
6.71