Answer:
8.11%
Step-by-step explanation:
We need to find the percentage error. We can follow the formula shown below:
Where
PE is the Percentage Error
New is the newest measure (given as 20 feet)
Orig is the original, or first, measure (given as 18.5)
Substituting and finding the PE:
Tagging the percentage , percent error is about 8.11%
9514 1404 393
5.99%
The relationship between the effective annual yield (e) and the nominal annual interest rate (r) compounded n times per year is ...
e = (1 +r/n)^n -1
For r = 5.9% and n = 2, the effective rate is ...
e = (1 +0.059/2)^2 -1 = 0.059870 ≈ 5.99%
0.625
y=3
Answer: b