1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
denis23 [38]
3 years ago
11

A car loan requiring quarterly payments carries an APR of 8%. What is the effective annual rate of interest?

Business
1 answer:
ZanzabumX [31]3 years ago
6 0

Answer:

Effective annual rate 8.24%

Explanation:

We solve for the effective rate by calcualte how much is the value of the APR with quarterly compounding.

(1+\frac{APR}{M} )^m = 1 + EAR

(1+0.08/4)^4 = 1+ EAR\\(1+0.08/4)^4 -1 =  EAR\\\\EAR = 0.08243216

You might be interested in
Are presentational aids and visual aids the same thing? Support your answer.
Anastasy [175]

Answer:

Presentational aids are items other than the words of a speech that are used to support the intent of the speaker. In particular, they can be visual aids, audio aids or other supporting technology. Visual aids include projectors, physical objects,. photographs, diagrams, charts and so on.

Explanation:

7 0
3 years ago
When the sponsor-investigator holds the ind for an investigational drug he or she is responsible for annual reporting of which o
Lapatulllka [165]

Answer: IND report

Explanation:

A sponsor investigator has numerous roles to perform which includes

Control of the investigational drug

Record retention

Reporting

Assurance of IRB review

Inspection.

So, under the reporting role he or she will be saddled with the responsibility of giving an annual report of the IND investigation.

6 0
3 years ago
You have been asked to create a code of ethics for the staff of a school paper to follow. Create a list of 10 rules based on the
Daniel [21]
Thank you for coming to Brainly with your questions :)

Here's my answer:

1. No hurtful gossip.
2. Stay professional.
3. Do not publish anything untruthful.
4. Work together as a team.
5. Meet all deadlines on time. 
6. Be accountable.
7. Avoid stereotyping, including race, ethnic, gender, sexuality, etc.
8. Be careful when it comes to what is published.
9. Do not publish anything that is misleading.
10. Support others views besides their own.


I hope this helps you. Please mark Brainliest :) Lemme know if I can do anything else to help you.

-Belle
7 0
4 years ago
12. Describe an alternative investment that you might invest in someday, and explain why this investment is appealing to you
Ivenika [448]
I would invest in building my own house. This is appealing to me because I want  to raise a family in a nice house that I have built. 
4 0
3 years ago
Read 2 more answers
S2→ S1→ S→ M→ D→ R→ C→ C1→C2
katovenus [111]

Answer:

sorry but I can't understand this question

6 0
3 years ago
Other questions:
  • On October 1, Year 1, Jason Company paid $7,200 to lease office space for one year beginning immediately. What is the amount of
    5·1 answer
  • Small-business owner Marcos set up his Google Ads campaign by thinking of “obvious” keywords off of the top of his head. What's
    6·1 answer
  • Which of the following is a low-interest loan to students with very high financial need? A.Direct PLUS B.Pell C.Gates D.Perkins
    15·2 answers
  • The Bretton Woods institutions are reflective of a ________ economic perspective. a. constructivist b. statist c. liberal d. mer
    7·1 answer
  • Ducheyne Electric recently declared a 15 percent stock dividend. On the date of the stock dividend Ducheyne had 16 million share
    11·1 answer
  • Monetarists believe that changes in the supply of money Question 24 options: do not affect aggregate demand. affect aggregate de
    15·1 answer
  • A letter of resignation should be written and delivered to each of your coworkers when you leave a job. True or False?
    15·2 answers
  • suppose that due to unfavorable growing conditions, this year’s global coffee crop was unusually small. what can we assume about
    14·1 answer
  • Text: "managerial accounting: tools for business decision making " 9th edition, isbn 9781119709589
    10·1 answer
  • Costa rica is a top exporter of coffee. the highest-quality coffee is sold abroad, and the lower-quality coffee is consumed by t
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!