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Olenka [21]
3 years ago
9

A real estate agent knows that he will receive a commission of $4,250 from the sale of a property when the deal is completed 37

days from now. Needing cash today, though, he signs a discount note at a credit union, using his expected commission as the maturity value. The discount rate is 9.55%. Find the effective rate (APR).
Mathematics
1 answer:
Jlenok [28]3 years ago
7 0
The effective rate can be conveniently calculated from
.. effective rate = r/(1-rt)
Assuming a 365 day year, this is
.. = 9.55%/(1 -0.0955*(37/365))
.. ≈ 9.64%
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Answer:

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nasty-shy [4]

The dot plot shows the frequency or length of the tadpoles

The total length of the tadpoles that are 1/8-inch and 1/4-inch long is 7/8 inches

<h3>How to determine the total length?</h3>

From the dot plot, we have the following parameters:

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So, the total length is:

Total = 3 * 1/8 + 2 * 1/4

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Hence, the total length of the tadpoles that are 1/8-inch and 1/4-inch long is 7/8 inches

Read more about dotplots at:

brainly.com/question/24309209

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2 years ago
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Answer:

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