I'm assuming the problem is nine to the third power divided by nine to the ninth power, so the answer would be 0.000001882. Fraction form would be 1/531441.
Sorry about the first answer, I read the problem wrong.
Answer:
56.44%
Step-by-step explanation:
From the question, we have the following values
% Discount = 3%
Full allowed payment days = 30 days
Discount days = 10 days
1 year = 365 days
The formula for Effective Annual rate or Annual rate in effect =
Discount %/(1-Discount %) x (365 days/(Full allowed payment days - Discount days))
= 3%/(1 - 3%) × (365 days/30 days - 10 days)
= 0.03/(1 - 0.03) × (365/20)
= 0.03/0.97 × (365/20)
= 0.5644329897
Converting to percentage
0.5644329897 × 100
= 56.44329897%
Approximately = 56.44%
Therefore, the annual rate Heidi, in effect, is paying the supplier if she fails to pay the invoice at the end of the discount period is 56.44%
3^(4x) = 3^(5 - x)
4x = 5 - x
4x + x = 5
5x = 5
x = 5/5 = 1
x = 1
Answer:
The answer will be A. 27f
