Jamal stands on a dock 1.5 meters above the surface of the water. A trout swims 4.8 meters below Jamal. What is the vertical dis
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Answer:
The effective interest rate, rounded to the nearest tenth, is 0.1%.
Step-by-step explanation:
The banker's rule is the simple interest formula.
The simple interest formula is given by:
In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly) and t is the time, in years.
The effective interest rate is given by the following formula:
.
In this problem, we have that:
A man makes a simple discount note for $6,200, at an ordinary bank discount rate of 8.84%, for 40 days. We consider that the year has 360 days. This means that .
So
The effective interest rate is
The effective interest rate, rounded to the nearest tenth, is 0.1%.
Answer:
x -
Step-by-step explanation:
A polynomial has the form
first term is the term of highest degree followed by term of second etc.
note that x = ← degree 1
x -
fits this description and is a polynomial of degree 1