9514 1404 393
Answer:
0.06164
Step-by-step explanation:
The effective annual rate obtained by compounding nominal annual rate r monthly is ...
eff rate = (1 +r/12)^12 -1
Then the value of r is ...
r = 12×((eff rate) +1)^(1/12) -1)
For the given effective rate, that is ...
r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate
Answer:
3/4
Step-by-step explanation:
We can find the slope from the two points given
m = (y2-y1)/(x2-x1)
= (1- -2)/(2 - -2)
= (1+2)/(2+2)
= 3/4
Answer: B
Step-by-step explanation:
Both the mean and the median will decrease, but the mean will decrease by more than the median.
I believe the answer would be 1.17
Answer:
let the past stay in the past
Step-by-step explanation: