Answer:
6.9%
Step-by-step explanation:
Interest rate is the one variable in an amortization formula that cannot be determined explicitly. An iterative solution is required, which means the computation must be done by a calculator, spreadsheet, or web site.
My TI-84 TVM Solver tells me that for the given loan amount and payment schedule, the APR is about 6.9%.
Step-by-step explanation:
answer in photos
here m is intercept
The left side
1.99999925
1.99999925
does not equal to the right side
1
1
, which means that the given statement is false.
Sodium oxide is a simple strongly basic oxide. It is basic because it contains the oxide ion, O2-, which is a very strong base with a high tendency to combine with hydrogen ions. Reaction with water: Sodium oxide reacts exothermically with cold water to produce sodium hydroxide solution
