Answer:
0.2682 or 26.82%
Step-by-step explanation:
The monthly interest rate (r) that your friend is willing to pay is:
The following expression converts a monthly interest rate (r) into an annual interest rate (i):
![r=\sqrt[12]{1+i}-1](https://tex.z-dn.net/?f=r%3D%5Csqrt%5B12%5D%7B1%2Bi%7D-1)
For r = 0.02:
![0.02=\sqrt[12]{1+i}-1 \\1.02^{12}-1=i\\i=0.2682](https://tex.z-dn.net/?f=0.02%3D%5Csqrt%5B12%5D%7B1%2Bi%7D-1%20%5C%5C1.02%5E%7B12%7D-1%3Di%5C%5Ci%3D0.2682)
Your friend is willing to pay an annual rate of 0.2682 or 26.82%.
Answer:
OK so the equation has a exponent so if there is a exponent then you need to multiply. since 227 is the Area and the exponent is 2.
Step-by-step explanation:
1560 / 26 = 60 words per minute
Here is your answer
Let the widht of rectangle be x metres
Then, its length= x+2 metres
Perimeter= 2 (l+b)
=> 34 = 2 (x+2 + x)
=> 34/2 = 2x+2
=> 17= 2x+2
=> 2x= 17-2
=> x = 15/2 metres
Width= 15/2 metres
Length= 15/2 + 2
= 19/2 metres
HOPE IT IS USEFUL
