It is called effective interest rate.
For example, you invest in a bond wich pays 5% annual interest rate and it compounds semiannually.
The first semester you win 2.5% over the capital invested and in the second semester you win 2.5% over the capital plus the interested earned in the first semester. Then the effecive interest rate is higher than 5%.
Answer:
About 2/3 of the animals at the shelter are dogs
Step-by-step explanation:
Let's first transform the mixed number to the corresponding improper fraction.
67 2/3 is equivalent to (3*67 + 2)/3 = 203/3
we are asked to find a fraction equivalent to 203/3%. To do this, we have to divide the fraction by 10, as follows:
203/3% = (203/3)*(1/100) = 203/300 ≈ 2/3
Answer:
28 billion dollars
Step-by-step explanation:
The total spent on research and development by the federal government in the United States during 2002–2012 can be approximated by
billion dollars (2 ≤ t ≤ 12), where t is the year since 2000.
If t=6, that is, In the year 2006,
=28 billion dollars (To the nearest billion dollars)
In 2006, the federal government of the United States spent approximately $28 billion on research and development.
Answer: Yes
Step-by-step explanation:
2(22/25) = 44/50
Answer:
Step-by-step explanation:
cos(34) =sin(56)
cos(77)=sin(13)
sin(25)=cos(65)
sin(61)=cos(29)
