When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
Learn more about the loans here:
brainly.com/question/2405320
There are two sides (heads and tails). So one head would be 1/2, and one tail would also be 1/2.
The question is asking for the circumference
The equation for circumference is C=2(Pi)r<span>
</span>to find the radius, half the diameter 4/2=2
the equation is now C=2(Pi)2<span>
simplify the equation...
C=4(Pi)
Pi is </span>3.1415926535897932384626433832795
Now multiply 3.1415926535897932384626433832795 times 4 = 12.566370614359172953850573533118
Round to nearest tenth...
12.6 mi
The area for the perimeter of a rectangle is:
<em>P = 2l + 2w</em>
In this problem, we are given that
P = 155 and
l = 45.5. To solve for area, we must find w. To do this, plug in the given info and isolate the w like so:

Now we know
w = 32. Knowing all the necessary info, we can use the area formula, <em>A=lw</em>, to solve for A.

The area is
1,456 sq ft. Hope this helps!