Answer:
- equivalent rate: 7.186%
- compounded 16 times
Step-by-step explanation:
The equivalent interest rate is the rate that would have to be applied so it would earn the same amount in 1 year. It is computed from ...
requiv = (1 +r/n)^n -1
requiv = (1 +0.07/4)^4 -1 ≈ 7.186%
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"Compounded quarterly" means interest is compounded 4 times per year. In 4 years, it will be compounded 4·4 = 16 times.
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The balance in the account after 4 years is ...
$600·(1 +.07/4)^(4·4) ≈ $791.96
<span>The answer is that an equilibrium point is where a supply curve and a demand curve meet. When you look at a supply curve graph and a demand curve graph, you will notice a point at which the two points intersect. This intersection means that the supply equals the demand and is known as the equilibrium point.</span>
Answer:
<h2>
x = 90°</h2>
Step-by-step explanation:
An angle inscribed across a circle's diameter is always a right angle.
20 + (34*10) = 360
320-360=40
(40/320)*100 = 12.5
12.5 / 10 = 1.25
1.25 * 12 = 15%
Hope this helps! :)
