Answer:
$613.80
Step-by-step explanation:
7% of 660 = 0.07 × 660 = 46.2
660 - 46.2 = 613.80
-450 and can i get brainliest
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:where is the photo
Step-by-step explanation: