Answer:??? sorry i dont know
Step-by-step explanation:
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:
y interstellar 7 m=-2 equation -2x+7
I hope you can read this, and I hope you understand how I did 7. I probably overworked it, and it was possibly a simpler way to get it.