Answer:
B. An increase in the amount of tolerable misstatement.
Step-by-step explanation:
Base on my calculations, the answer is not in the choices given. First, we have to acknowledge that the interest rate given is not the effective interest rate instead it is called the nominal interest rate therefore we have to convert it first to an effective interest rate. We use the following formula:
Effective Interest rate = [[1 + (r/m)]^m] - 1 where r is the nominal interest rate and m is the number of compounding times
For this case, m is equal to 2 since it is compounded semianually.
Effective Interest rate = [[1 + (.12/2)]^2] - 1 = .1236
We then use the calculated effective interest rate to the formula for the Compound Interest Rate Formula.
Future Value = Present Value (1 + Effective interest rate)^(no. of years)Future Value = 3000 (1 + .1236)^( 3) = 4255.56 dollars
Answer:
14/25
Step-by-step explanation:
p(red or blue)=6/(6+8+11) +8/(6+8+11)=6/25+8/25=14/25
<span>The method of solving "by substitution" works by solving one of the equations (you choose which one) for one of the variables (you choose which one), and then plugging this back into the other equation, "substituting" for the chosen variable and solving for the other. Then you back-solve for the first variable.</span>
Answer:
A. -45
Step-by-step explanation:
multiplying a positive an a negative number gives out a negative result
so when we multiple 9 with -5 the result is -45
