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Alina [70]
2 years ago
11

I don't even know wth to do

Mathematics
1 answer:
artcher [175]2 years ago
8 0
The answer isnt on there? unless it's A
Rise Over Run 
From Yint you go up two and left two making your answer 2 over -2 but that would just be -1 making your answer y=-x
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jeyben [28]

Answer:

3.045%.

Step-by-step explanation:

We are asked to find the corresponding effective interest rate for 3% per year compounded continuously.

We will use effective interest formula to solve our given problem.

r=e^i-1, where,

r = Effective interest rate,

e = Mathematical constant,

r = Interest rate in decimal form.

Let us convert given interest rate in decimal form.

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Substitute values:

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Therefore, the corresponding interest rate would be 3.045%.

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