Answer:
Step-by-step explanation:
Find the measure of the angles in the diagram
1 answer:
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Answer:
3.045%.
Step-by-step explanation:
We are asked to find the corresponding effective interest rate for 3% per year compounded continuously.
We will use effective interest formula to solve our given problem.
, where,
r = Effective interest rate,
e = Mathematical constant,
r = Interest rate in decimal form.
Let us convert given interest rate in decimal form.
Substitute values:
Convert into percentage:
Therefore, the corresponding interest rate would be 3.045%.
Answer:
Cost of one roll of plain wrapping:
Cost of one roll of holiday wrapping paper:
Step-by-step explanation:
Let be "p" the cost in dollars of one roll of plain wrapping paper and "h" the cost in dollars of one roll of holiday wrapping paper.
Based on the information given, we can set up this system of equations:
In order to solve it, we can use the Substitution method. The steps are:
1. Solve for "p" from the first equation:
2. Substitute the above into the second equation and solve for "h":
3. Substitute the value of "h" into :