The effective rate of interest will be 9.10 %.
<h3>What is compound interest?</h3>
Compound interest is applicable when there will be a change in principle amount after the given time period.
Let's say you have given 100 for two years with a 10% rate of interest annually than for the second-year principle amount will become 110 instant of 100.
Given for simple interest
Principle amount = $650
Rate of interest = 12%
Time period = 7 months.
Interest= PRT/100
Interest= 650× 12 × 7/100 = 546
So final amount = 650 + 546 = $1196
By compound interest
1196 = 650![[1 + R/100]^{7}](https://tex.z-dn.net/?f=%5B1%20%2B%20R%2F100%5D%5E%7B7%7D)
R = 9.10%
Hence the effective rate of interest will be 9.10%.
For more information about compound interest,
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Answer:
Step-by-step explanation
Since it says and that can mean add 17.
The product of a number is a number that was multiplied. So 30 is a product of 5 and 6.
So maybe the answer might be
x+17
The other number is 18/y.
Answer: 4
Step-by-step explanation:
We know that a plane is 2 dimensional surface that extends infinitely far.
The number of points required to define a plane = 3
Here , we have 4 points A, B, C, and D.
So, the number of possible combinations of 3 points to make a plane from 4 points = 
[
]
Hence, the greatest number of planes determined using any three of the points A, B, C, and D if no three points are collinear = 4.
Answer:
B
Step-by-step explanation:
since K is constant ( the same for every point) we can find k when given any point by dividing the y-coordinate by the x-coordinate.