Answer:
effective annual rate is 6.16 %
Step-by-step explanation:
given data
rate = 6 % = 0.06
time 5 year = 10 semi annually
to find out
effective annual rate
solution
we know formula for annual effective rate of interest is
rate of interest =
-1
put here all value
rate of interest =
-1
rate of interest =
-1
rate of interest = 0.061646
so effective annual rate is 6.16 %
Answer:
debes hacer l regla de tres
Step-by-step explanation:
Answer:
.24
Step-by-step explanation:
64-128-256
each step double previous number
Answer:
-44
Step-by-step explanation: