Answer & Explanation:
First, divide the nominal rate by the number of compounding periods. The result is the periodic rate. Now add this number to 1 and take the sum by the power of the number of compounding interest rates. Subtract 1 from the product to get the effective interest rate.
If you round it to the nearest hundred it would be $49800.
(x^2 + 4)(x^2 - 1) is the answer. Just factor it like a normal binomial.
Si= PTR/100
18 = (3*300*t)/100
18 = 9t
t = 2
2 years
Answer:
-18.5
Step-by-step explanation:
15x +4
Let x = -1.5
15(-1.5) +4
-22.5 +4
-18.5
