When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
Learn more about the loans here:
brainly.com/question/2405320
All these appear to be physic phenomena because they do not change the composition of the matter.
<span>However, while rotations, translations and reflexions do not alter the volume of the matter, dilation does increase the volume. </span>
<span>Dilation, by definition, is an enlargement of the matter and directly opposed to contraction. For example, heat dilates the matter, while colds contract it. The exception to this is that when water becomes ice due to cold, it increases in volume.</span>
Answer:
= 43
Step-by-step explanation:
{7 ×
- 7} -2 ×3
Solve the brackets first
{7 × 8 - 7} -2 ×3
{56 - 7} -2 ×3
49 -2 ×3
49 -6
= 43
you are right