Answer:
0.2682 or 26.82%
Step-by-step explanation:
The monthly interest rate (r) that your friend is willing to pay is:
The following expression converts a monthly interest rate (r) into an annual interest rate (i):
![r=\sqrt[12]{1+i}-1](https://tex.z-dn.net/?f=r%3D%5Csqrt%5B12%5D%7B1%2Bi%7D-1)
For r = 0.02:
![0.02=\sqrt[12]{1+i}-1 \\1.02^{12}-1=i\\i=0.2682](https://tex.z-dn.net/?f=0.02%3D%5Csqrt%5B12%5D%7B1%2Bi%7D-1%20%5C%5C1.02%5E%7B12%7D-1%3Di%5C%5Ci%3D0.2682)
Your friend is willing to pay an annual rate of 0.2682 or 26.82%.
Answer:
<h2>Here is the correct answer </h2>
(A. 46)
Step-by-step explanation:
STUDY CORRECTION.
Answer:
Yes.
Step-by-step explanation:
The relation would be 3 = k*9 as there is a direct proportional relationship.
So k = 3/9 = 1/3 and we can write the relation as d = 1/3 t where d=distance and t = time.
So if we double the time t we have:-
d = 1/3 * 18
= 6 kilometers.
So the distance is doubled.
Rational im pretty sure from what i remember
