First, converting R percent to r a decimal
r = R/100 = 6%/100 = 0.06 per year,
putting time into years for simplicity,
4 months ÷ 12 months/year = 0.333333 years,
then, solving our equation
I = $ 376.00
I = 18800 × 0.06 × 0.333333 = 375.999624
I = $ 376.00
The simple interest accumulated
on a principal of $ 18,800.00
at a rate of 6% per year
for 0.333333 years (4 months) is $ 376.00.
Answer:
0.02 or 2% = Beta
Step-by-step explanation:
Given that,
Risk-free rate = 7 percent
Expected return on the market = 10 percent
Expected return on Security J = 13 percent
Therefore, the beta of Security J is calculated as follows;
Expected return on Security J = Risk-free rate + Beta (Expected return on the market - Risk-free rate)
13 percent = 7 percent + Beta (10 percent - 7 percent)
0.13 - 0.07 = 0.03 Beta
0.06 = 0.03 Beta
0.06 ÷ 0.03 = Beta
0.02 or 2% = Beta
Answer:
Vertical Angles
x = 21
Step-by-step explanation:
Vertical Angles
4x + 3 = 87
4x = 84
x = 21
Answer:
0.10
Step-by-step explanation:
If together the ball and bat cost $1.10 and the bat cost one more dollar than the ball than you would have too subtract $1 from what the ball and bat together. so 0.10 would be left
Answer:
3%
Step-by-step explanation:
This equation represents exponential decay. Whenever the base is less than 1, the function represents decay. When the base is greater than 1, the function represents growth. In this case, the base is .97 which is less than 1, representing decay.
The formula for exponential decay is y=a(1-r)x.
r is the decay rate, expressed as a decimal.
In this case, r = .03 which represents 3%!
