Answer:
i dont get the question sorry
Step-by-step explanation:
Point p and point Q has to be the same point
Answer:
3.045%.
Step-by-step explanation:
We are asked to find the corresponding effective interest rate for 3% per year compounded continuously.
We will use effective interest formula to solve our given problem.
, where,
r = Effective interest rate,
e = Mathematical constant,
r = Interest rate in decimal form.
Let us convert given interest rate in decimal form.

Substitute values:




Convert into percentage:

Therefore, the corresponding interest rate would be 3.045%.
Answer: so i got 31 but if you round it it will be 30 hope it helps
Step-by-step explanation: