The nominal rate to plug in will be 0.085.
Given to us, the nominal rate is 8.5%,
The value to plug into your equation,
The equation can be simple interest or compound interest in both cases the value of the nominal rate to the plugin will be the same.
Thus, the nominal rate is 8.5% can be written as

Hence, the nominal rate to plug in will be 0.085.
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Answer:let me know please
Step-by-step explanation:
Answer:
120,000
Step-by-step explanation:
because seven in greater than 5 so it would round up
Answer:
Step-by-step explanation:
Let's find the volume of the room in ft³ and that will give
14×22×9=2772ft³
There are deductions. Hence we subtract them from this value
3×5=15, but there are two, hence 15×2=30ft²
And 4×7=28ft²
Hence 2772-(30+28)=2714
Dividing this value by 320 gives
8.4(to 2s.f)