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Aloiza [94]
3 years ago
8

Which type of interest rate reflects the effects of compounding?

Mathematics
1 answer:
rosijanka [135]3 years ago
5 0
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%.
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Find the total purchase price of a pair of shoes originally costs $35.00 and are on sale for 25% off. The sales tax is 7% round
dexar [7]
Discount is 25% , so you pay 75% of original price.

Sale price = 35*.75 = 26.25

Add Tax --> 26.25 + 26.25*.07 = 26.25 + 1.84 = 28.09

Total purchase price = 28.09
4 0
3 years ago
Jerry played with 333 friends today, all at different times. He played with Tommy for 1\dfrac{7}{8}1 8 7 ​ 1, start fraction, 7,
Mars2501 [29]

Answer:

8 1/8 hours

Step-by-step explanation:

Jerry played with 3 friends today, all at different times.

Tommy = 1 7/8 hours

Nathan = 1 3/4 hours

Chris = 3 3/2 hours

How many hours did Jerry play with his 3 friends today?

Number of hours Jerry play with his 3 friends today = 1 7/8 + 1 3/4 + 3 3/2

= 15/8 + 7/4 + 9/2

= (15+14+36)/8

= 65/8

= 8 1/8 hours

5 0
3 years ago
What is the numerical expression of 3 divided by the product of 6 and 5
bonufazy [111]
3 divided by 1 would be the answer
5 0
4 years ago
Read 2 more answers
9 cornstalks in each of 7 rows
Kaylis [27]
There are 63 cornstalks in total
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3 years ago
What is the sum of 3.4a +( -3.5a)
Brut [27]
The sum of 3.4a + -3.5a is..
3.4
+-3.5
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- .1a
It is negative because -3.5 is grater than positive 3.4
3 0
4 years ago
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