Answer:
2.4%
Step-by-step explanation:
If the APR is x% and it is compounded for n times in a year, then the period interest rate is
%.
Now, given that the interest rate on a mortgage is 4.8% APR compounded semiannually.
So, here x = 4.8% and n = 2 and hence, the period interest rate on the mortgage is
%. (Answer)
8 because when you flip one coin there is 2 outcomes: heads and tails. Therefore if you flip 3 of them it is 2*2*2=8
First we should calculate the relation between how much they make and the fuel cost so we write
(1412.42+<span>1187.92)/418.91=6.21
So that means that for every 6.21 dollars made 1 dollar of fuel must be deducted so now we calculate what they need to be deducted by:
Dan deduction = 1412.42/6.21= 227.41
Aaron deduction= 1187.92/6.21 = 191.29</span>
Answer:
5.25
Step-by-step explanation: