Float rate_of_pay a declaration for a variable rate_of_pay that can hold values like 11.50 or 12.75.
What is float rate_of_pay?
- In contrast to fixed (or unchangeable) interest rates, floating interest rates change on a regular basis. Companies that offer credit cards and mortgages frequently use floating rates.
- Floating rates follow the market, a benchmark interest rate, an index, or both.
Is a fixed or floating rate preferable?
- In a rising rate environment, banks offer fixed rate loans at a higher rate than variable rate loans in order to profit more from the latter when rates rise.
- Fixed rate loans may have interest rates that are 300–350 basis points higher than floating rate loans.
float rate_of_pay
rate_of_pay = 11.50, 12.75;
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Answer:
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Answer:
75% of students voted for the athlete
Step-by-step explanation:
total number of students 24+8 = 32
24 out of 32 students chose the athlete
24/32 simplified = 3/4
3/4 = 75%
Answer:
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Step-by-step explanation:
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First of all factorize x out at the right side of the equation
That's
u = x(k + y)
Divide both sides by ( k + y) to make x stand alone
That's
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We have the final answer as
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Hope this helps you