Answer:
The nominal annual interest rate is 15%.
The effective interest rate is 16.08%.
Step-by-step explanation:
$9,375 = $325 (P/A, i%, 36)(P/A, i%, 36)
= $9,375/$325= 28.846
From compound interest tables, i = 1.25%
Nominal Interest Rate= 1.25 x 12= 15%
Effective rate = (1+ (0.15/36))^36-1=1.004^36-1= 16.08%
Answer:
No one can answer unless you include the money per hour or day or week
Step-by-step explanation:
-4
The elephant lost 4 pounds each month. Because he is losing weight, and not gaining weight, you have to make the answer negative.
The number of number of house holds have pets will be 21450 when 20,735 households do not have pets.
What is proportion ?
A proportion is an equation based on the equality of two ratios.
It is given that the ratio of the households with pets to house holds without pets is 30 to 29 and if 20,735 households do not have pets then it is find the number of number of house holds have pets. It can be find out using the ratio correlation :
That is , 29 is the ratio of house holds without pets ⇒ 20735
1 unit of house holds without pet ⇒ 20735/29 = 715 house hold
Now, the ratio of households with pets ⇒ 30 x 715 = 21450 house hold
Therefore, the number of number of house holds have pets will be 21450 when 20,735 households do not have pets.
Read more about ratio at:
brainly.com/question/17869111
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Answer:
-12
Step-by-step explanation:
subtracting a negative from a negative makes a greater negative, basically adding to the negative