Answer:
the answer depends on which type of interest we use:
- simple interest rate = 24%
- compound interest rate = 26.82%
Step-by-step explanation:
the interest rate paid for holding the cards one month 1/50 or 2%.
to convert 2% monthly interest rate to a simple annual rate:
monthly rate x 12 months = 2% x 12 = 24%
now to convert 2% monthly interest rate to an annual rate (using compound interest):
- = (1 + r)ⁿ - 1
- = (1 + 0.02)¹² - 1 = 1.2682 - 1 = 0.2682 or 26.82%
in compound interest, earned interest earns even more interest by itself besides the interest earned by the principal.
Step-by-step explanation:
Triangle 1 can have 30°, 75° and 75° angles whereas Triangle 2 can have 30°, 30° and 120° angles.
Since they do not have all 3 congruent angles, they are not similar.
Answer:
<u>m</u><u> </u><u>is</u><u> </u><u>√</u><u>2</u>
Step-by-step explanation:
Correct me if im wrong, if you multiply 11.35 by 10 you get $113.5. multiply by 4 and that equals to $454.
-hope this helps
I think the answer is c- reflection
