All categories

3 years ago

What is th rate equivalent to an annual rate of 20% with monthly capitalization

Mathematics

1 answer:

Strike441 [17]3 years ago

6 0

Answer:

about 21.9%

Step-by-step explanation:

The effective annual multiplier is ...

(1 +r/n)^n = (1 +0.20/12)^12 ≈ 1.21939

The rate equivalent is 1 less than this:

1.21939 -1 = 0.21939 = 21.939%

You might be interested in

The digit in the tens place is the value of a fraction with the same numerator and denominator

elena-s [515]

Yea is it the same value place

4 0

3 years ago

A group of fitness club members lose a combined total of 28 kg in one week there approximately 2.2 pounds and 1 kg assuming the

Akimi4 [234]

Answer:

8.8 pounds

Step-by-step explanation:

There are 7 days in a week, so the daily loss was ...

(28 kg)/(7 days) = 4 kg/day

In pounds, that is about ...

(4 kg/day)(2.2 lb/kg) = 8.8 lb/day

6 0

3 years ago

Given a right triangle with a hypotenuse of 6 cm and a leg of 4cm, what is the measure of the other leg of the triangle rounded

slega [8]

Answer:

$4.5 cm=L2$

Step-by-step explanation:

This problem can be solved using the pythagorian theoreme:

$H=\sqrt{L1^{2}+L2^{2} }$

Where:

$H=6 cm$

$L1=4 cm$

$L2=?$

We isolate our incognita an we get:

$\sqrt{H^{2}-L1^{2}} =L2$

We supplant with the given data:

$\sqrt{(6cm)^{2}-(4cm)^{2}} =L2$

$\sqrt{36cm^{2}-16cm^{2}} =L2$

$\sqrt{20cm^{2}} =L2$

$4.5 cm=L2$

5 0

3 years ago

Solve using any method.

Mkey [24]

Fourth one since x is 2 and the y is 1

5 0

4 years ago

About 60% of people in North America know how to swim. Use that statistic to answer the questions below.

kenny6666 [7]

Answer:

(Picture)

Step-by-step explanation:

To find 60% of people you just multiply .6 with the number you are trying to find 60% of. Like 100. 100 times .6 = 60.

8 0

3 years ago

Read 2 more answers

What is th rate equivalent to an annual rate of 20% with monthly capitalization​

What is th rate equivalent to an annual rate of 20% with monthly capitalization