The effective rate is calculated in the following way:
where r is the effective annual rate, i the interest rate, and n the number of compounding periods per year (for example, 12 for monthly compounding).
our compounding period is 2 since the bank pays us semiannually(two times per year) and our interest rate is 8%
so lets plug in numbers:
Answer:
(-2,1) (-3,0)
Step-by-step explanation:
It hits on the line
Answer:the least common denominator is 10 because 5x2 is 10 and then 10x1 is 10 its the least for both of them
Step-by-step explanation:
Answer:
$11.50 is the cost for 2 pounds of walnuts
Expression: 7p - 2.50
Step-by-step explanation:
First, create an expression to represent the cost:
7p will represent the cost, since the walnuts are $7 per pound, and 2.50 needs to be subtracted from this because of the coupon for $2.50 off
So, the expression is 7p - 2.50
Use this expression to find the price for 2 pounds of walnuts:
7p - 2.50
7(2) - 2.50
14 - 2.50
= 11.50
So, the cost with the coupon will be $11.50
Answer:
The distance she bikes is 11/6 times as much as the distance she runs.
Step-by-step explanation:
Alex bikes 2.75 miles, runs 1.5 miles. The distance she bikes is 2.75/1.5 times as much as the distance she runs.
The distance she bikes is 11/6 times as much as the distance she runs.
