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%
Answer:
j is the answer hope i got it in time
Answer:
165 hits
Step-by-step explanation:
27.5% of 600 is 600 x 27.5 / 100 = 165
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Recall that the sum of all angles in a triangle = 180°.
Therefore:
34° + 24° + x° = 180°
Combine like terms and subtract:
58° + x° = 180°
x = 180° - 58°
x = 122°