9514 1404 393
Answer:
0.06164
Step-by-step explanation:
The effective annual rate obtained by compounding nominal annual rate r monthly is ...
eff rate = (1 +r/12)^12 -1
Then the value of r is ...
r = 12×((eff rate) +1)^(1/12) -1)
For the given effective rate, that is ...
r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate
Answer:
It is 91% more likely that the tree was atmost 500 yards from the river.
<h3>Step-by-step explanation:</h3>
We are given with distance and height of 100 young trees near a river.
From that table, in total there are 55 trees which grow more than 3 ft during the year.
And among those 55 trees, 50 trees are atmost 50 yards from river.
Hence it is ≈91% more likely that the tree was atmost 50 yards from the river.
Answer: B.The cost of rental fee only
Step-by-step explanation:
The $35 is the cost of the rental fee only. The person would then have to pay a further $15 for every hour they use the boat.
Essentially, the $35 is the fixed cost associated with the rental and the $15 is the variable cost to do so. If this were in a linear equation format it would take the form: y = 15x + 35.
