1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olenka [21]
2 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]2 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%
You might be interested in
Una pila de 5 libros pesa 9.5 libras. Si cada libro pesa lo mismo, ¿cuánto pesa cada libro
user100 [1]
Pienso que un libro pesa 1.9 libras
7 0
2 years ago
Yann will be x years old y years from now. How old was he z years ago?
erastova [34]
Here we can change the variables to real numbers, just to make things easier for us. For the sake of calculation, let’s say that x=10, y=6, and z=1.

So, y years from now, Yann will be x years old. If we plug in our randomly chosen numbers, we get that Yann will be 10 years old 6 years from now. This means that today, he would be x-y years old, or 10-6, so 4 years old today.
Next we ask how old he was z years ago, or in this case, 1 year ago. We know that if you’re 4 years old now, you were 3 years old last year. In other words, you’re 4-1 years old, or x-y-z years old.

Your answer is x-y-z.
8 0
3 years ago
Merry Christmas Eve Eve everyone! i can't wait to celebrate the birth of Jesus Christ! i appreciate Jesus Christ dying on the cr
Sidana [21]

I know I’m late but

WOOOOOOOOOOOOOOOOO JESUS!!!

Can’t wait for next year Haha!!!

3 0
3 years ago
Consider the function y = g (x), where:
Sergeu [11.5K]

Answer:

Step-by-step explanation:earn vocabulary, terms, and more with flashcards, games, and other study tools. ... term with highest exponent determines how the function behaves divide by ... lim x→c ( f(x)/ g(x) ) = L/M if M≠0 ... the function oscillates and has no limit ... Image: Infinite discontinuity ... y- y₁= m (x-x₁) ...

6 0
2 years ago
Patulong naman po. pass sa di marunong
Anna35 [415]

Answer:

Bạn không tử tế :) Đó là một trò đùa

Step-by-step explanation:

Đi qua

4 0
2 years ago
Other questions:
  • If the diameter of a youth baseball is 2.8 inches and the diameter of an adult softball is 3.8 inches, what is the approximate d
    6·2 answers
  • What is the slope of the line shown below (-2,5) and (3,-5)
    13·1 answer
  • Leroy works part time for a moving company. One day he had to move 34 boxes from a truck to inside a house. After moving some bo
    7·1 answer
  • Simplify<br>3x + 14 - x - 15​
    9·2 answers
  • In an agricultural study, the average amount of corn yield is normally distributed with a mean of 185.2 bushels of corn per acre
    11·1 answer
  • Find 2/3 of 18. Draw a set and shade to show your thinking.
    8·1 answer
  • What is the domain of the given function?
    12·1 answer
  • If you roll the cube 60 times, how many numbers less than 3?
    6·1 answer
  • Some answer my question
    7·3 answers
  • PLease help 5 stars + thanks
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!