How do you simplify 9+2(7x-3)
2 answers:
You might be interested in
<h3><em>Answer:</em></h3><h2><em>No</em></h2>
<em>4</em><em> </em><em>1</em><em>/</em><em>2</em><em> </em><em>times </em><em>2</em><em> </em><em>3</em><em>/</em><em>4</em><em> </em><em>does </em><em>not </em><em>equals </em><em>to </em><em>1</em><em>1</em><em> </em><em> </em><em>1</em><em>1</em><em>/</em><em>4</em><em>8</em><em>.</em>
<em>It </em><em>actually</em><em> </em><em>equals </em><em>to </em><em>1</em><em>2</em><em> </em><em>3</em><em>/</em><em>8</em>
<em>hope </em><em>it</em><em> </em><em>helps</em>
<em>Good </em><em>luck</em><em> on</em><em> your</em><em> assignment</em>
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 :)