9514 1404 393
Answer:
0.2332
Step-by-step explanation:
The relationship between the effective annual yield (e) and the nominal annual interest rate (r) compounded n times per year is ...
e = (1 +r/n)^n -1
For weekly compounding, we have n=52, so ...
e = (1 +0.21/52)^52 -1 = 0.2332 . . . . . . . about 23.32%
APP IT will HELP SIDJIDNUDNUD
Answer:14x+2=2(7x+1)
Step-by-step explanation:
14x+2=14x+2
The statement is true
A common denominator is when the denominators (bottom number) of two fractions are the same. Fractions must have a common denominator to be added or subtracted.
A common multiple is when two numbers can be multiplying to the same number. Ex) A common multiple of 3 & 4 is 12
A common multiple of 6 & 2 is 18
You would need to know the common multiples of numbers in order to make fractions have a common denominator.