The answer is 1/64 because you do 3/8 ÷ 24/1 then you
flip and it will be 3/8 ÷ 1/24 you can cross cancel
24 go's into three 8 times so the answer is 1/64s.
Hope I helped!
=)
The effective rate of interest to the nearest hundredth of a percent is 2.75%
Given:
T-bill value $17,000
purchased at a discount rate of 2.75%
term of 20 weeks.
An effective rate of interest is also referred as the DISCOUNT RATE, market interest rate, the internal rate of return, the annual percentage rate, and yield to maturity.
Since the discount rate is given, it is also the effective rate of interest.
Answer:
11 17/24
Step-by-step explanation:
To find this out we have to first find out the least common denominator for 8 and 3 which would be 24, now we have to switch both denominators to 24 but also have to switch the numerators to how much we multiplied the denomintors by and then add. so we multiplied 8 by 3 to get it to 24 so we multiply the numerator 3 by 3 as well. and for the second fraction we multiply the denominator 3 by 8 to get 24 so we multiply the nuerator by 8 as well. so...
6 3/8+ 5 1/3= 6 9/24 + 5 8/24 = 11 17/24
The answer would be 20 degrees
$3.468.15
I just subtracted 1.89% from $183,500
