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Levart [38]
2 years ago
7

calculate the effective yearly rate if an investment offers a nominal interest rate of 9.5% compounded quarterly​

Mathematics
1 answer:
ivann1987 [24]2 years ago
4 0

Answer:

9.725%

Step-by-step explanation:

(1.0475)^2 =1.09725

one year 2 periods 4.75% per period

You might be interested in
Steve got his car fixed for $557. After taxes it cost him $594. What was the tax rate to the nearest %?
I am Lyosha [343]
You're nearly there. Just some more steps.
557 * x = 594 tells us 
x = 594 / 557 (divide both sides by 557)
x ≈ 1.066427

When we've found this number we must realise the following:
the '1' in this answer is the 100% the car fixing costs (without taxes)
the '0.66427' stands for the tax rate.

To find the tax rate we multiply 0.66427 by 100, which gives us:
0.66427 * 100 = 6.6427 ≈ 7

So, rounded to the nearest %, the tax rate is 7%
6 0
2 years ago
What is the solution to the system of equations
BlackZzzverrR [31]

Hello,

Please, see the attaced file.

Thanks.

3 0
3 years ago
10)
serious [3.7K]

Answer:

i think its B

Step-by-step explanation:

3 0
3 years ago
(10.02)
melisa1 [442]

Answer:

sin O=\dfrac{3\sqrt{13}}{13}\\cos O=\dfrac{2\sqrt{13}}{13}\\tan O=\dfrac{3}{2}

Step-by-step explanation:

If the point (2,3) is on the terminal side of an angle in standard position.

Adjacent of O, x=2,

Opposite of O, y=3

Next, we determine the hypotenuse, r using Pythagoras Theorem.

Hypotenuse =\sqrt{Opposite^2+Adjacent^2} \\r=\sqrt{3^2+2^2} \\r=\sqrt{13}

Therefore:

sin O=\dfrac{Opposite}{Hypotenuse} \\sin O=\dfrac{3}{\sqrt{13}} \\$Rationalizing\\sin O=\dfrac{3\sqrt{13}}{13}

cos O=\dfrac{Adjacent}{Hypotenuse} \\cos O=\dfrac{2}{\sqrt{13}} \\$Rationalizing\\cos O=\dfrac{2\sqrt{13}}{13}

Tan O=\dfrac{Opposite}{Adjacent} \\tan O=\dfrac{3}{2}

4 0
3 years ago
A die is rolled 2 times. What is the probability of getting a 2 on the first roll and a 5 on the second roll?
lisov135 [29]

Answer:

1/36

Step-by-step explanation:

the chance of rolling a 2 on a 6-sided die is 1/6 and rolling a 5 on a 6-sided is also 1/6.

So, 1/6 * 1/6 = 1/36

Hope this is helpful

8 0
3 years ago
Read 2 more answers
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