Nancy estimates that she sleeps 3000 hours per year.How many days per year is this to the nearest day
1 answer:
You might be interested in
Answer:
The effective interest rate, rounded to the nearest tenth, is 0.1%.
Step-by-step explanation:
The banker's rule is the simple interest formula.
The simple interest formula is given by:
In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly) and t is the time, in years.
The effective interest rate is given by the following formula:
.
In this problem, we have that:
A man makes a simple discount note for $6,200, at an ordinary bank discount rate of 8.84%, for 40 days. We consider that the year has 360 days. This means that .
So
The effective interest rate is
The effective interest rate, rounded to the nearest tenth, is 0.1%.
Check the picture below.
let's recall that the midsegment of a triangle is the segment that's half-way to both endsides and is at the same time parallel to the 3rd side, is also half the length of the parallel side, so-called the base.
so, for example, we know L, M and N are midpoints to each segment, that means that LM is a midsegment and parallel to PR and also half the length of PR, same is true for LN and MN.
