The nominal rate to plug in will be 0.085.
Given to us, the nominal rate is 8.5%,
The value to plug into your equation,
The equation can be simple interest or compound interest in both cases the value of the nominal rate to the plugin will be the same.
Thus, the nominal rate is 8.5% can be written as
Hence, the nominal rate to plug in will be 0.085.
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13 dollars per gallon
130\10 = 13
In light of the fact that point y is the point at which segment xz is divided, the value of the variable an is equal to 4.
<h3>How can I determine what the value of the variable an is?</h3>
Due to the fact that point y divides segment xz into two distinct halves, the following equation may be used to get segment xz's total length:
xz = xy + yz.
The following are the parameters for the test:
xy = 7a. yz = 5a. xz = 6a + 24.
As a result, we need to substitute into the equation and then solve for a.
xz = xy + yz
6a + 24 = 7a + 5a
12a = 6a + 24
6a = 24
a = 24/6
a = 4.
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Hi there
The formula is
A=p (1+r/k)^kt
A future value 3000
P present value 100
R interest rate 0.02
K compounded monthly 12
T time?
We need to solve for t
T=[log (A/p)÷log (1+r/k)]÷k
T=(log(3,000÷100)÷log(1+0.02÷12))÷12
T=170.202 years
So it's a
Hope it helps