Answer:
The nominal annual interest rate is 15%.
The effective interest rate is 16.08%.
Step-by-step explanation:
$9,375 = $325 (P/A, i%, 36)(P/A, i%, 36)
= $9,375/$325= 28.846
From compound interest tables, i = 1.25%
Nominal Interest Rate= 1.25 x 12= 15%
Effective rate = (1+ (0.15/36))^36-1=1.004^36-1= 16.08%
Answer:
A, C, D
Step-by-step explanation:
One way to answer this question is to use synthetic division to find the remainder from division of the polynomial by (x-3). If the polynomial is written in Horner form, evaluating the polynomial for x=3 is substantially similar.
A(x) = ((x -2)x -4)x +3
A(3) = ((3 -2)3 -4)3 +3 = -3 +3 = 0 . . . . . has a factor of (x -3)
__
B(x) = ((x +3)x -2)x -6
B(3) = ((3 +3)3 -2)3 -6 = (16)3 -6 = 42 . . . (x -3) is not a factor
__
C(x) = (x -2)x^3 -27
C(3) = (3 -2)3^3 -27 = 0 . . . . . . . . . . . . . has a factor of (x -3)
__
D(x) = (x^3 -20)x -21
D(3) = (3^3 -20)3 -21 = (7)3 -21 = 0 . . . . has a factor of (x -3)
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The polynomials of choice are A(x), C(x), and D(x).
Answer:
The price is x = $2.779
Step-by-step explanation:
From the question we are told that
The revenue is 
The cost of production is 
Generally at break even point the cost of production is equal to the revenue
So

=> 
Using the quadratic formula to solve this equation we have that
x = $2.779
She invested $11,250 in the stock, $3,750 in the CD and $12,000 in the bond fund.
<h3><u>Distributions</u></h3>
Given that Sylvia invested a total of $27,000, and she invested part of the money in a certificate of deposit (CD) that earns 3% simple interest per year, she invested in a stock that returns the equivalent of 7% simple interest, and she invested in a bond fund that returns 2%, and she invested three times as much in the stock as she did in the CD, and earned a total of $1140 at the end of 1 yr, to determine how much principal did she put in each investment, the following calculation must be made:
- 9000 x 0.07 + 3000 x 0.03 + 15000 x 0.02 = 630 + 90 + 300 = 1020
- 9900 x 0.07 + 3300 x 0.03 + 13800 x 0.02 = 693 + 99 + 276 = 1068
- 12,000 x 0.07 + 4,000 x 0.03 + 11,000 x 0.02 = 840 + 120 + 220 = 1,180
- 11400 x 0.07 + 3800 x 0.03 + 11800 x 0.02 = 798 + 114 + 236 = 1148
- 10800 x 0.07 + 3600 x 0.03 + 12600 x 0.02 = 756 + 108 + 252 = 1116
- 11160 x 0.07 + 3720 x 0.03 + 12120 x 0.02 = 781.2 + 111.6 + 242.4 = 1135.2
- 11190 x 0.07 + 3730 x 0.03 + 12080 x 0.02 = 783.3 + 111.9 + 241.6 = 1136.8
- 11250 x 0.07 + 3750 x 0.03 + 12000 x 0.02 = 787.5 + 112.5 + 240 = 1140
Therefore, she invested $11,250 in the stock, $3,750 in the CD and $12,000 in the bond fund.
Learn more about distribution in brainly.com/question/10250387
Answer:
By applying Pythagoras theorem
Answer is √[109] inch