16,06,68,88,?,98 Whats the ? equal?
1 answer:
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The ground level is to be the zero level. When the elevator moves above the ground level, it is moving towards the positive integer and when the elevator moves below the ground level, it is moving towards the negative integer.
Elevator 2 moved down 6 feet from the ground level hence its position is labelled as
Elevator 2 moved down 6 feet from the ground level hence its position is labelled as
Answer:
C. It will increase by about 0.6%
Step-by-step explanation:
Since, the effective interest rate is,
Where, i is the stated interest rate,
n is the number of compounding periods,
Here, i = 11.28 % = 0.1128,
n = 365 ( 1 year = 365 days ),
Hence, the effective interest rate would be,
=0.119388521952
Now, the changes in effective interest rate = Effective interest rate - Stated interest rate
= 0.119388521952 - 0.1128
= 0.006588521952 ≈ 0.006 = 0.6 %
Hence, It will increased by about 0.6 %,
Option A is correct.
Hope this helps :)