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Reil [10]
3 years ago
10

The sum of two numbers is 17. One number is 3 less than What is the lesser number?

Mathematics
2 answers:
frosja888 [35]3 years ago
7 0
The lesser number is 7.
Vikki [24]3 years ago
5 0

Answer:

The two numbers are 5 and 12, the lesser is <u>5.</u>

<u>5</u> is the lesser number, therefore the answer. Hope this helped! :D

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d) Effective annual rate: 20.44%

Step-by-step explanation:

The effective annual interest rate, if it is not compounded continuously, is given by the formula

I=C(1+\frac{r}{n})^{nt}-C

where

<em>C = Amount of the credit granted </em>

<em>r = nominal interest per year </em>

<em>n = compounding frequency </em>

<em>t = the length of time the interest is applied. In this case, 1 year. </em>

In the special case the interest rate is compounded continuously, the interest is given by

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I=C(1+\frac{0.186}{12})^{12}-C=C(1.2027)-C=C(0.2027)

The effective annual rate is 20.27%

(c) Daily

<em>There are 365 days in a year </em>

I=C(1+\frac{0.186}{365})^{365}-C=C(1.2043)-C=C(0.2043)

The effective annual rate is 20.43%

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The effective annual rate is 20.44%

3 0
3 years ago
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