Answer:
4%/ a interest compounded semi-annually
Step-by-step explanation:
The option that gives the lower interest rate payment would be more appropriate. to determine this calculate the effective interest rate
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding
(1 + 0.04/2)^2 - 1 = 4.04%
(1 + 0.04/12)^12 - 1 = 4.07%
the choice should be 4%/ a interest compounded semi-annually
Answer:
i cant see the whole thing
Step-by-step explanation:
(x+4) + ((x-15)+4)= 41
2x-7= 41
2x= 48
x= 24
Answer:
Incomplete problem, read the step-by-step.
Step-by-step explanation:
$1200-$300=$900
5% of $900 is $45
You didn't say if the 5% is per month or per year, if you want more help, comment on this answer the per year/whatever/month and then I'll help you further into this word problem.
Hope this helped! :)
Four and fourty nineI hope this helps !
