The effective rate is calculated in the following way:
where r is the effective annual rate, i the interest rate, and n the number of compounding periods per year (for example, 12 for monthly compounding).
our compounding period is 2 since the bank pays us semiannually(two times per year) and our interest rate is 8%
so lets plug in numbers:
(4^2)^8 would be the answer 4^2=16 and 16^8 is the same thing
Answer:
The correct answer is €10.00
Step-by-step explanation:
50% of 40 is 20. 50% of 50 is 25, so what you do is just take 20 and multiply that by 0.5 or you can just take 40 and multiply that by 0.25.
I really hope this helps you out!
Answer:
C= 1/(2ax+2aw)
Step-by-step explanation:
C=1/2x(a+w)
Multiply a and w by 2x. Take note of the sign.
C= 1/(2ax+2aw)
when writing your answer, you don't need the brakets. I just put them so you'd understand that all those characters in the bracket are the denominator.
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The number of people increased by 2.
This means as a ratio it is now 6/4 as many as originally planned.
6/4 can be reduced to 3/2.
The time and the number of people are inversely proportional, so the food would last 2/3 ( inverse is flipping the original ratio over) the original length of time.
This means the length of time the food lasts is reduced by 1/3, which is 33.3%
