Answer:
12.68%
Step-by-step explanation:
To calculate effective annual interest rate we need to use the following formula:
Where, 'i' is the effective annual interest rate
'r' is the annual rate of interest
'm' is the frequency of compounding.
When there is continuous compounding the effective annual rate uses the following formula:
In our case we would are assume that there is continuous compounding since no information regarding the frequency of compounding is given:
Plugging r=12%=0.12, we get:
Therefore, the effective annual interest rate is 12.74%.
Answer:
about 324 times.
Step-by-step explanation:
2400/7
342.857142857
Y = T+3 (i)
T = H+2 (ii)
Y = 2*H (iiii)
T = H+2 therefore H = T-2
Substitute H=T-2 into (iii)
Y=2*H
Y=2*(T-2)
Y=2T-4
Now substitute that Y into (i)
(i) says Y = T+3
2T-4=T+3
2T-T-4=3
T-4=3
T=3+4
T=7
Then from (i) Y=T+3 = 7+3 =10
Y=10
And from (iii) Y=2*H
If Y = 10, then H = 5
Answer:
The percentage change from July to November is 67.27 %
Step-by-step explanation:
Given as :
The number of tourists at the beach per weekend in the month of July = 
= 55,000
The number of tourists at the beach per weekend in the month of November = 
= 18,000
Let the percentage change from July to November = A %
Or, % decrease change = 
× 100
So , A % = ![\dfrac{\tetxtrm [tex]x_2](https://tex.z-dn.net/?f=%5Cdfrac%7B%5Ctetxtrm%20%5Btex%5Dx_2)
- \textrm }{\textrm }[/tex] × 100
or, A % = 
× 100
Or, A % = 
× 100
Or, A = 67.27 %
So percentage change between two months = 67.27 %
Hence The percentage change from July to November is 67.27 % Answer
1.) 9 cm
2.) 5 cm
3.) 10 in
4.) 4 in
