Answer:
The nominal annual interest rate is 15%.
The effective interest rate is 16.08%.
Step-by-step explanation:
$9,375 = $325 (P/A, i%, 36)(P/A, i%, 36)
= $9,375/$325= 28.846
From compound interest tables, i = 1.25%
Nominal Interest Rate= 1.25 x 12= 15%
Effective rate = (1+ (0.15/36))^36-1=1.004^36-1= 16.08%
Angle 8 and Angle 3 are supplementary same side angles
Answer:
This is the distributive property of multiplication.
Step-by-step explanation:
1. (70 - 44) / 2
2. (45.00 - 25.50) / 6
3. (75 - 39) / 3
4. (90 - 30 +10) / 3
5. (100- 30+10) / 10
6. (50 - 5) / 10
PS: / means divide or division. also remember PEMDAS
Hope this helped you (;
