The effective rate can be conveniently calculated from
.. effective rate = r/(1-rt)
Assuming a 365 day year, this is
.. = 9.55%/(1 -0.0955*(37/365))
.. ≈ 9.64%
Hi.
Your work appears to be correct. If you still doubt it,try running your answers through a calculator, or try plotting the points on a line to see if it corresponds with the other points
Bus=12
Walk=90
Bike=?
Car=?
How i helped
Answer:
I think its 7/12
Step-by-step explanation:
what i did was find the common denominator for both and it would be
1/4= 3/12 1/3= 4/12 and then i added it all together and it gave me 7/12
