The effective rate of interest to the nearest hundredth of a percent is 2.75%
Given:
T-bill value $17,000
purchased at a discount rate of 2.75%
term of 20 weeks.
An effective rate of interest is also referred as the DISCOUNT RATE, market interest rate, the internal rate of return, the annual percentage rate, and yield to maturity.
Since the discount rate is given, it is also the effective rate of interest.
Just addum up.
You should get the sum of 1.981 .
That's in standard form.
Answer:
Answer:
$315,600
EXPLANATION:
OWNERSHIP = 40%
Investment = $182,000
Share of dividends = 40%*21,000 =8400
Share of income = 40%*75000 = 30000
Increase in share price = $21-$13= $8
investment
Dr Cr
Investment $182,000
Dividend received $8400
Income received $30,000
Increase in share price $112,000
324,000
315,600
C.6 3 becaue im trying to get point dont lissten to me
This problem is stating that 12 should be added to the quotient of 12 and 13. Since PEMDAS is an expression ' golden rule, first you would divide 12 by 13 to get an approximate answer of 0.92. Then, you would add 12 to 0.92. The sum of 12 and 0.92 is 12.92.
