9514 1404 393
Answer:
0.06164
Step-by-step explanation:
The effective annual rate obtained by compounding nominal annual rate r monthly is ...
eff rate = (1 +r/12)^12 -1
Then the value of r is ...
r = 12×((eff rate) +1)^(1/12) -1)
For the given effective rate, that is ...
r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate
Answer:
20% probability
Step-by-step explanation:
First, we need to calculate the area of all the figures inside the rectangle.
Area of triangle= 1/2 BH
So, 3x2=(6)
Area of Square= L^2
3x3=(9)
Area of rectangle= LxW
=60.
60+9+6= 75.
75 is the total area.
Now, lets find the added area of only the triangle and square.
9+6= 15
The probability will be 15/75=
Convert into percent form
= 20%
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