Answer:
10.38%
Explanation:
The formula to compute the effective annual rate of the loan is shown below:
= (1 + nominal interest rate ÷ periods)^ number of period - 1
The nominal interest rate is shown below:
= $250 × 4 ÷ $10,000
= $1,000 ÷ $10,000
= 0.1
Now the effective annual rate is
= (1 + 0.1 ÷ 4)^4 - 1
= (1 + 0.025)^4 - 1
= 1.025^4 - 1
= 10.38%
Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.
This is the answer but the same is not provided in the given options
The Internet Fraud Complaint Center, run by the FBI and the National White Collar Crime Center, indeed analyzes fraud-related complaints.
<h3>What is the Internet-Fraud Complaint Center?</h3>
The Internet-Fraud Complaint Center, based in Fairmont, WV, handles the following internet-related complaints:
- Intellectual Property Rights ( IPR ) matters
- Computer Intrusions (hacking)
- Economic Espionage (Theft of Trade Secrets)
- Online Extortion
- International Money Laundering.
Thus, the Internet-Fraud Complaint Center is run by the FBI and the National White Collar Crime Center to analyze fraud-related complaints.
Learn more about the Internet Frauds at brainly.com/question/3422329
Answer:
A trade off or it may be D opportunity at the maegin
Answer:
It can be very difficult for citizens to start private businesses. Citizens must pay for most basic necessities by themselves. There is no guarantee of steady employment for many citizens. Citizens may pay higher taxes than in other economic systems.
Explanation:
hope i helped
