Evaluate 3 + (a + 4)(8 - b) when a = 5 and b = 6. The value of the expression is
2 answers:
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The correct option is B, II. only.
Given to us,
I. In the effective rate formula, n is equal to one.
Effective interest rate formula,
where,
r is the effective interest rate,
i is the stated interest rate,
n is the number of compounding periods per year.
According to the question the compounding periods per year is not given to us. Also, loans are taken for a longer period of time.
Thus, we can conclude that statement is false.
II. The nominal rate is 7. 918%.
nominal rate = real interest rate + inflation rate,
but as it is not mentioned in the question about the inflation rate. the statement is true to us. Assuming the inflation rate is 0%.
Thus, we can conclude that statement is true.
III. The Federal Funds Rate is static.
This statement is false, as the no information is given about this statement also this can not be concluded through assumption.
Thus, we can conclude that statement is false.
Hence, The correct option is B, II. only.
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For a better understanding of the solution provided here please find the diagram attached.
Please note that in coordinate geometry, the coordinates of the midpoint of a line segment is always the average of the coordinates of the endpoints of that line segment.
Thus, if, for example, the end coordinates of a line segment are and
then the coordinates of the midpoint of this line segment will be the average of the coordinates of the two endpoints and thus, it will be:
Thus for our question the endpoints are and
and hence the midpoint will be:
Thus, Option C is the correct option.
