Part 1
Total paid
=cost of the bond+commission
Total paid
32×96.7+32×10=3,414.4
Part 2
Annual interest
32×96.7
=3,094.4
3,094.4×0.08625
=266.892...Annual interest
Part 3
The effective interest rate
((1+0.08625÷12)^(12)−1)×100
=8.974%
Answer:
Step-by-step explanation:
Answer:
He spent around $ 52.17 in each month.
Step-by-step explanation:
Last year the power bill price = $ 626.14 ≈ $ 626
We know that in a year 12 months. so power bill of each month in last year is calculated as follows


$ 52.17
Therefore he spent around $ 52.17 in each month.
Step-by-step explanation:
The problem statement says λ<1. If this is true, then the cannonball is slower than the boat, and it will never reach the boat. So I assume it's actually λ>1.
If we say t is the amount of time, then the boat travels south a distance of ut, and the cannonball travels a distance of λut.
v = λut
ut = v/λ
Using Pythagorean theorem:
d² + (ut)² > v²
d² + (v/λ)² > v²
λ²d² + v² > λ²v²
λ²d² > (λ² − 1) v²
λ² / (λ² − 1) > (v/d)²
Step-by-step explanation:
Below is an attachment containing the solution.