Answer:
<em>Solution; u = 2.5</em>
Step-by-step explanation:
We can neglect the information provided to us, besides that of the equation 9(u – 2) + 1.5u = 8.25, as we are only to find the value of u, any other information is not of need;
9(u – 2) + 1.5u = 8.25 ⇒ apply the distributive property on the expression ( u - 2 ), distributing the 9 to the elements inside,
9u - 18 + 1.5u = 8.25 ⇒ add like elements,
10.5u = 26.25, solve for u,
<em>Solution; u = 2.5</em>
Answer:
13.7%
Step-by-step explanation:
Nominal interest rate =
where m = number of compounding = 12
( - 1 ) x 12 = 0.137054 = 13.7%
To round to one decimal place means that there should be only one figure after the decimal place.
Answer:
12.5%
Step-by-step explanation:
r = (1/4)((1500/1000) - 1) = 0.125
r = 0.125 = 12.5%
The answer to the question
-1 in decimal form is -1.0, just as 5 in decimal form, for example, is 5.0. Just copy the negative sign.