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shepuryov [24]
3 years ago
8

An effective 12.68% per year, compounded monthly is the closest to:

Business
1 answer:
Sergio039 [100]3 years ago
8 0

Answer:

a. 12% per year

Explanation:

Effective interest rate

r = (1 + i/n)^n - 1

r = effective interest rate

i = simple interest rate compounded monthly

n =  number of compound intervals

12.68% = ((1+i/12)^12)-1)

1+0.1268 = ((1+i/12)^12)

1.1268^(1/12) =1+i/12

1.010 = 1+i/12

1.010-1 = i/12

0.010 x 12 = i

i = 0.12 = 12%

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Answer:

D, value-based marketing

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5 0
4 years ago
One reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors. True or false?.
MrMuchimi

True. One reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors.

<h3>What is a predetermined overhead rate?</h3>

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Read more on overhead rate here: brainly.com/question/13312583

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2 years ago
“the dry cleaner on the corner is an eyesore.” this is a subjective claim because it
Oxana [17]

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4 0
3 years ago
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 25 million bottles of wine were sold ev
Solnce55 [7]

Answer:

Explanation:

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The amount of tax on wine will be the difference between the price consumers pay after the tax and the price producers receive. This will be:

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3 years ago
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stira [4]

Answer:

Can be no lower than its world beta

Explanation:

For most countries and most firms, the domestic country beta c<u>an be no lower than its world beta.</u>

7 0
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