Solve the following system of equations using the elimination method.
1 answer:
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Answer:
C. It will increase by about 0.6%
Step-by-step explanation:
Since, the effective interest rate is,
Where, i is the stated interest rate,
n is the number of compounding periods,
Here, i = 11.28 % = 0.1128,
n = 365 ( 1 year = 365 days ),
Hence, the effective interest rate would be,
=0.119388521952
Now, the changes in effective interest rate = Effective interest rate - Stated interest rate
= 0.119388521952 - 0.1128
= 0.006588521952 ≈ 0.006 = 0.6 %
Hence, It will increased by about 0.6 %,
Option A is correct.
Hope this helps :)
Answer:
B. 31.62
Step-by-step explanation:
First, find the distance of the line using the distance formula, . Plug the two points (-1,0) and (5,2) into the formula and solve. This gives you 6.32, then this is only one line of a pentagon, which has 5 sides, so you need to multiply. Since you are finding the perimeter, which is all of the sides added together, multiply the one side by 5. 6.32*5=31.62.