Answer:
effective annual rate is 6.16 %
Step-by-step explanation:
given data
rate = 6 % = 0.06
time 5 year = 10 semi annually
to find out
effective annual rate
solution
we know formula for annual effective rate of interest is
rate of interest = 
-1
put here all value
rate of interest = 
-1
rate of interest = -1
rate of interest = 0.061646
so effective annual rate is 6.16 %
Answer:
there are 40 eighths in 5
Step-by-step explanation:
40/8 (the fraction)
40÷8=5
is that what the question is asking?
<span>a regular hexagon inscribed in a circle </span>
Answer:
Courtney's walking speed = 3.33mph
Brandi's walking speed = 4.33 mph
Step-by-step explanation:
Let x = Courtney's walking speed
then
(x + 1) = Brandi's walking speed
:
Time = Distance/speed
Brandi walks 6.5 mi time = Courtney walks 5 mi time
6.5/x + 1 = 5/x
Cross multiply
6.5x= 5(x+1)
6.5x= 5x + 5
6.5x - 5x = 5
1.5x = 5
x = 5/1.5
x = 3.33 mph is Courtney's walking speed
Note that:
(x + 1) = Brandi's walking speed
3.33mph + 1 = 4.33mph
Therefore,
Courtney's walking speed = 3.33mph
Brandi's walking speed = 4.33 mph
Answer:
Step-by-step explanation:
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