1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna007 [38]
3 years ago
15

When calculating the effective rate of a loan, which statement or statements must be true if n is equal to 1?

Mathematics
2 answers:
Tresset [83]3 years ago
6 0

Answer:

A

Step-by-step explanation:

Vlad [161]3 years ago
3 0

Answer:

Choice A is correct

Step-by-step explanation:

When calculating the effective rate of interest of a loan, the nominal rate of interest will be equal to the effective rate and the interest is compounded annually in the event that n is equal to 1.

If the duration of the loan, n, is 1 then the nominal rate and the effective rate will always be equal. Moreover, the interest rate charged on the loan is usually stated as an Annual Percentage Rate (APR) of charge compounded annually

You might be interested in
A skier has decided that on each trip down a slope, she will do 3 more jumps than before. On her first trip she did 5 jumps. Der
taurus [48]
Since we are already given the amount of jumps from the first trial, and how much it should be increased by on each succeeding trial, we can already solve for the amount of jumps from the first through tenth trials. Starting from 5 and adding 3 each time, we get: 5 8 (11) 14 17 20 23 26 29 32, with 11 being the third trial.

Having been provided 2 different sigma notations, which I assume are choices to the question, we can substitute the initial value to see if it does match the result of the 3rd trial which we obtained by manual adding.

Let us try it below:

Sigma notation 1:

  10
<span>   Σ (2i + 3)
</span>i = 3

@ i = 3

2(3) + 3
12

The first sigma notation does not have the same result, so we move on to the next.

  10
<span>   Σ (3i + 2)
</span><span>i = 3
</span>
When i = 3; <span>3(3) + 2 = 11. (OK)
</span>
Since the 3rd trial is a match, we test it with the other values for the 4th through 10th trials.

When i = 4; <span>3(4) + 2 = 14. (OK)
</span>When i = 5; <span>3(5) + 2 = 17. (OK)
</span>When i = 6; <span>3(6) + 2 = 20. (OK)
</span>When i = 7; 3(7) + 2 = 23. (OK)
When i = 8; <span>3(8) + 2 = 26. (OK)
</span>When i = 9; <span>3(9) + 2 = 29. (OK)
</span>When i = 10; <span>3(10) + 2 = 32. (OK)

Adding the results from her 3rd through 10th trials: </span><span>11 + 14 + 17 + 20 + 23 + 26 + 29 + 32 = 172.
</span>
Therefore, the total jumps she had made from her third to tenth trips is 172.


3 0
3 years ago
3. Vlad (the vampire) wanted to line the inside of his cofin bed with purple cloth. He measured
il63 [147K]

Answer:L x W x H

Step-by-step explanation:

6 0
3 years ago
Vanessa throws a tennis ball in the air. The function h(t) = -15t2 + 45t + 10 represents the distance in feet, that the ball is
Step2247 [10]

Answer:

43.75feet

Step-by-step explanation:

Given the height of the tennis ball expressed as;

h(t) = -15t^2 + 45t + 10

At maximum height, the velocity of the ball is zero

v = dh/dt

dh/dt = -30t + 45

Since dh/dt = 0, hence;

0 = -30t + 45

30t = 45

t = 45/30

t = 3/2

t = 1.5secs

Substitute t = 1.5 into the expression given

h(1.5) = -15(1.5)^2 + 45(1.5) + 10

h(1.5) = -15(2.25)+67.5+10

h(1.5) = -33.75+77.5

h(1.5) = 43.75feet

Hence the maximum height of the ball is 43.75feet

5 0
3 years ago
Match the arc or central angle to the correct measure based on the figure below.
nirvana33 [79]

Answer:

a. 50 degrees

b. 130 degrees

c. 180 degrees

d. 230 degrees

4 0
3 years ago
Explain why you cannot factor the trinomial <br> 2x^2+7x+10
Julli [10]
There are no factors of 20 that add up to 7.
Factors of 20 are:
1*20
2*10
4*5
5 0
4 years ago
Other questions:
  • ANSWER ASAP PLEASE WORTH 15 POINTS
    13·2 answers
  • 12xy-44y+5 determine if it is prime or factorable
    9·1 answer
  • Tutor me!
    8·1 answer
  • 12'<br>Given that tan x =<br>sin x + cos x?<br>î, what is the value of<br>(WAEC]​
    9·1 answer
  • What is the y-intercept of the line given by the equation y=5x-21
    12·1 answer
  • QR is the midsection of triangle GHJ, what is the length of QR?
    10·1 answer
  • Chef Leon is making 14 dozen cookies for the school bake sale. He uses 712 cups of pecans to make the cookies. How many cups of
    11·1 answer
  • Karla's jewelry box is shaped like a rectangular prism. The bottom surface of the box has an area of 65 square inches. The heigh
    10·1 answer
  • A sum of money was to be shared among three friends,Albert,Micheal,Moses in the ratio 3:5:6.if Micheal receives $45,find the sum
    9·1 answer
  • I need help with D, i’m confused on it.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!