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%
In this question, 10 people average running distance is 2.7miles. Then the sum of their running distance would be: 10 people * 2.7 miles/people= 27 miles.
The group then divided into 2, 4 people with 3 miles average and 6 people with unknown average. Since the people are same like the 10 people group, their total running distance would be the same. The calculation would be:
total distance = group1 * average1 + group2 * average2
27 miles= 4 people * 3 miles/people + 6 people* average2
6 people * average2 = 27 miles -12 miles = 15 miles
average2= 15 miles/6people= 2.5 miles/people
No because 11 divided by 2 is not 5. the 11 would have to be 10
Answer:
2,776
Step-by-step explanation:
the name <u>pre</u>decessor means <u>before</u> hence the number just before 2777.
Answer:
its D
Step-by-step explanation:
