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Naddika [18.5K]
3 years ago
7

Calculate price per gram when 3.5 grams for $100.00

Business
1 answer:
kati45 [8]3 years ago
3 0

Answer: 28,571$

Explanation: Apply rule of three

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2. What are two measures of inflation?
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CPI and WPI

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What is a company market share​
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3 0
2 years ago
he number of compounding periods in one year is called compounding frequency. The compounding frequency affects both the present
Nimfa-mama [501]

Answer:

1. 15.40%

2. 3.85%

3. 16.31%

Explanation:

1. Nominal rate = Interest rate

Nominal rate = 15.40%

The Nominal rate of the investment is 15.40%

2. Periodic rate = Nominal rate / Number of time compounded in year

Periodic rate = 15.40 / 4

Periodic rate = 3.85%

The Periodic rate of the investment is 3.85%

3. Effective interest rate = (1 + Nominal Rate)^n  - 1

Effective interest rate = (1 + 015.40%/4)4 - 1

Effective interest rate = (1 + 0.1540/4)^4 - 1

Effective interest rate = (1 + 0.0385)^4 - 1

Effective interest rate = 1.0385^4 - 1

Effective interest rate = 1.16312396 - 1

Effective interest rate = 0.16312396

Effective interest rate = 16.31%

The Effective Annual Rate of the investment is 16.31%

6 0
2 years ago
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