Answer:
Option 1
Step-by-step explanation:
Effective Interest Rate = [ 1 + ( r / m) ]^ mt - { 1 }
where i = nominal interest rate , n = number of compounding per time period, t = number of time periods
Option 1 : Interest rate 'i' = 2% , Quarterly compounding 'n' = 4 , t = 25 years
EAR = [ 1 + 2% / 4 ]^ (4 x 25) - [ 1 ] = 0.6466 , ie 64.66%
Option 2 : Interest rate 'i' = 2% , Monthly compounding 'n' = 12 , t = 25 years
EAR = [ 1 + 1.5% / 12 ] ^ (12 x 25) - [ 1 ] = 0.4546 , ie 45.46%
As option 1 has higher EAR than option 2, former is better than latter
Hello :
<span>A partial sum of an arithmetic sequence is :
Sn = n/2(U1+Un)
U1 = 5 d : the common difference is : 13-9 = 9-5 =4
calculate : n
Un = U1 + (n-1)d
441 = 5 +(n-1)(4)
441 = 5 + 4n - 4
4n = 440
n =110
so :
</span><span> 5 + 9 + 13 + . . . + 441 = 110/2(5+441) = 24530</span>
Answer:
Cube the roots volume
Step-by-step explanation:
Answer:
subtract 6.4
Step-by-step explanation:
what you have to do is isolate the variable, (n), so get rid of the 6.4 from each side, then divide both sides by 3.5
Each time they assume the sum is rational; however, upon rearranging the terms of their equation, they get a contradiction (that an irrational number is equal to a rational number). Since the assumption that the sum of a rational and irrational number is rational leads to a contradiction, the sum must be irrational.
(write this in your own words)
