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27/250=0.108
so this decimal is non-repeating and terminating.
The answer is a I hope this helps your welcome
Answer:
effective annual rate is 6.16 %
Step-by-step explanation:
given data
rate = 6 % = 0.06
time 5 year = 10 semi annually
to find out
effective annual rate
solution
we know formula for annual effective rate of interest is
rate of interest =
-1
put here all value
rate of interest =
-1
rate of interest =
-1
rate of interest = 0.061646
so effective annual rate is 6.16 %
Y = -x +6
the -x is because the slope of the line goes down 1 over 1, and -x is the same as -1x
the +6 is for the y intercept, at (0,6)