Answer:
Option(B) is the correct answer to the given question.
Step by Step Explanation
We know that

Here A=amount
r=15.98%=0.1598
n=365
t=1
Putting these values into the equation




Now we find the interest
I=
Therefore effective interest rate of the last year can be determined by

=0.1720 *100
=17.20%
Answer:
hi :P
Step-by-step explanation:
56/306= 7/34
the right answer for 7 is 7/34 since 8*7/17*16
8-15/3.2(pi d)=4.68 round up you get 5
you need 5 laps