It is called effective interest rate.
For example, you invest in a bond wich pays 5% annual interest rate and it compounds semiannually.
The first semester you win 2.5% over the capital invested and in the second semester you win 2.5% over the capital plus the interested earned in the first semester. Then the effecive interest rate is higher than 5%.
Answer:
70
Step-by-step explanation:
40x/100 +42 =x
4x/10 +42 =x
42 = 10x -4x/10
420=6x
x =70
Is this a problem you have to solve or simplify?
Answer:
-35-18x
Step-by-step explanation:
just calculate the difference
-35-20x+2x
-35-18x
Answer:
Step-by-step explanation:
City Population Density (Persons/Square Mile) 2016 Population Land A...
New York, New York 28,211 8,537,673 303
Los Angeles, California 8,484 3,976,322 469
Chicago, Illinois 11,883 2,704,958 228
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