1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
padilas [110]
3 years ago
8

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
Jayson’s car can go 300 miles on 12.5 gallons of gasoline. How far can he drive on 42 gallons of gas?
fomenos
300\ miles\ on\ 12,5\ gallons\\
x\ miles\ \ on\ \ \ 42\ gallons\\\\
Making\ proportion:\\
300-12,5\\
x-42\\\\
Cross\ multiplication\\
300*42=12,5x\\\\12600=12,5x\ \ \ | divide\ by\ 12,5\\\\
x=1008\\\\
He\ can\ drive\ 1008\ miles\ on\ 42 \ gallons\ of\ gas.
6 0
3 years ago
Twelve pounds less than twice janes weight is 270 pounds. What is Janes weight?
Tpy6a [65]
Janes weight = x
Twelve pounds less than twice janes weight is 270 pounds
12 less than 2x is 270 

2x -12 = 270   (add 12 to each side)
2x = 270 + 12
2x = 282   (divide 2 from each side)
x = 282/2
x = 141

The answer is 141 pounds
7 0
3 years ago
HELPPPPPP IM DOING MY MISSING ASSIGNMENTS WILL GIVE BRAINLIEST
katen-ka-za [31]

Answer:

12 minutes

Step-by-step explanation:

my guts are always right

5 0
3 years ago
Read 2 more answers
Please help me now plz
lana66690 [7]

Answer:

9 and 4

if not then -9 and 4

4 0
3 years ago
The amoebas on a petri dish is doubling every 5 minutes. If there are currently 8 amoebas on the dish, how many will there be in
pychu [463]

Answer:

32,768.

Step-by-step explanation:

There are 12 lots of 5 minutes in 1 hour.

The equation  is 8*(2^12)

= 8 * 4096

= 32,768.

3 0
3 years ago
Other questions:
  • SHOW UR WORK PLEASE IM LTERALLY CRYING
    9·1 answer
  • The following frequency table shows the number of fish caught by each of Igor's family members. What was the maximum number of f
    15·1 answer
  • The table shows the scores of 20 students on a history test. What is the average student score?
    10·1 answer
  • 5x + 4y = 12<br> 3x + 8y = -32<br> Substitution
    8·2 answers
  • Determine whether the following statements are true and give an explanation or counterexample.
    7·1 answer
  • You are looking at the top of a building and thinking it would be great to make a zipline from the top to your current location.
    13·2 answers
  • six scholars want to share 9 bags of popcorn.how much popcorn will each scholar get?.draw a model to prove your answer
    11·1 answer
  • Benny wants to buy a new video game that costs $49.95. He already saved $24.65, and his aunt gave him $15 for mowing her lawn. H
    5·1 answer
  • Find the values of x any y.
    14·1 answer
  • Cuánto costará cercar una finca cuadrada de 14 metros de lado a razón de $150 el metro lineal de alambrada
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!