Answer:
APR = 416%
EAR = 5370.60%
Step-by-step explanation:
Given:
Interest rate = 7.8% per week
Now,
In an year there are total 52 weeks
thus,
The APR (Annual percentage rate) = Interest rate × Total weeks in an year
or
APR = 8% × 52
or
APR = 416%
and, EAR ( Effective Annual Rate ) = ( 1 + r )ⁿ - 1
Here,
r is the interest rate per week
n is the total weeks in an year
thus,
EAR ( Effective Annual Rate ) = ( 1 + 8% )⁵² - 1
= ( 1 + 0.08 )⁵² - 1
= 53.7060
or
53.7060 × 100% = 5370.60%
Tip: whenever y equals a number, the line is horizontal and the slope is 0. if the number equals x, the line will be vertical and there is no slope.
>
the answer is “>” because 12.312 is greater than 12.132
In the case of a circle, the formula for area, A, is A = pi * r^2, where r is the circle's radius. Since we know that a semicircle is half of a circle, we can simply divide that equation by two to calculate the area of a semicircle. So, the formula for the area of a semicircle is A = pi * r^2/2