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:
Divided by 5.
Step-by-step explanation:
It is five times smaller than the original picture.
Answer:
4 per hour
8/2=4
Step-by-step explanation:
Answer:
6 ounces of water
Step-by-step explanation:
In this question, we are asked to calculate the amount in ounce that would be added to the recipe.
From the question, we can see that the recipe requires 3/4 cups of water.
From the question also, we can also see that one cup equals 8 ounces.
Now to know the amount of water that is to be added, what we need to do is to simply multiply the fraction of water in the recipe by 8 ounces
This is equal to 3/4 * 8 = 6 ounces
Hence, she needs to add a total of 6 ounces of water to the recipe
