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zloy xaker [14]
3 years ago
8

Calculate the annual effective interest rate of a 12 % nominal annual interest rate compound monthly

Mathematics
1 answer:
DedPeter [7]3 years ago
8 0

Answer:

  12.683%

Step-by-step explanation:

The effective annual rate is given by ...

  (1 +r/n)^n -1

where r is the nominal annual rate, and n is the number of compoundings per year. Filling in the given numbers, we have ...

  effective rate = (1 +0.12/12)^12 -1 ≈ 0.12683 = 12.683%

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34 divided by 17 equal Unknown over 7
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If you do 12 minutes of a 45 minute workout how many calories is it? (the 45 minutes is 1000 calories in total)
velikii [3]

Answer:

266\frac{2}{3}

Step-by-step explanation:

if a 45 minute workout is 1000 calories, at the same rate, a 12 minute workout would be 266 calories and 2 thirds. \frac{12}{45} x 1000 = 266\frac{2}{3}

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2 years ago
How do you know if 2x+3y=9xy is linear or nonlinear.
Advocard [28]

We are given equation 2x+3y=9xy.

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6 0
3 years ago
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Please help me find x. I really don't get it.
inysia [295]

Answer:

  x = 11

Step-by-step explanation:

The relationship between the sine and cosine functions can be written as ...

  sin(x) = cos(90 -x)

  sin(A) = cos(90 -A) = cos(B) . . . . substituting the given values

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_____

<em>Comment on the solution</em>

There are other applicable relationships between sine and cosine as well. The result is that there are many solutions to this equation. One set is ...

  11 +(32 8/11)k . . . for any integer k

Another set is ...

  61.8 +72k . . . . . for any integer k

3 0
3 years ago
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