Answer:
4%/ a interest compounded semi-annually
Step-by-step explanation:
The option that gives the lower interest rate payment would be more appropriate. to determine this calculate the effective interest rate
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding
(1 + 0.04/2)^2 - 1 = 4.04%
(1 + 0.04/12)^12 - 1 = 4.07%
the choice should be 4%/ a interest compounded semi-annually
Answer:
5 inches
Step-by-step explanation:
23 - 10 - 8 = 5 inches
Answer:
i hope this is the right answer 1.25%
Step-by-step explanation:
6:4 and 6:5 is one away from each other so it must me 1.25%