Check the picture below.
using a second for it, since it's a horizontal line, then say hmmm we'll use the y-intercept, or (0, 1), so the equation of a line that passes through (2,1) and (0,1)
When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
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Answer:
Explanation:
Here, we want to get the percentage of the gross pay is the take-home pay
Mathematically, we have to divide the take-home pay by the gross pay and multiply it by 100%
Her take-home pay is the difference between her gross pay and her deductions
We have this as:
We have this as:
The fraction in its simplest form is 27/100 .
100 m and 300 m based off the graph the Willis is 3x the size of the great Pyramid
