Answer:133.875ft^2
Step-by-step explanation:
Area=length×breadth
Area=12.75×10.5
Area=133.875ft^2
With thesame denominators, we can work on just the numerator.
= 5 + 5 / 6
= 10 / 6
Simplying the answer:
5/3
= 1 2/3
Answer:
$1,161.83
1.51%
Step-by-step explanation:
Continuously compounded interest is:
A = Pe^(rt)
where A is the final amount,
P is the initial amount,
r is the rate per time,
and t is time.
Given P = 1000, r = 0.015, and t = 10:
A = 1000e^(0.015 × 10)
A = 1000e^(0.15)
A = 1161.83
The effective annual yield is the annually compounded rate needed to have the same yield after the same time. For continuously compounded interest, he equation for effective annual yield is:
R = -1 + e^r
R = -1 + e^0.015
R = 0.0151
The effective annual yield is 1.51%.
