When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
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Answer:
The Ration of length 2.0 meters to the length 1.2 meters = 5 : 3
Step-by-step explanation:
The given two length are 2.0 m and 1.2 m
Length L1 = 2.0 m And
Length L2 = 1.2 m
SO, The ratio of L1 : L2 =
Or, The ratio of L1 : L2 =
∴ The ratio of L1 : L2 =
Hence The ratio of L1 : L2 is 5 : 3 Answer
Answer: True
Step-by-step explanation:
The sum of the residuals is always 0 so the plot will always be centered around the x-axis. An outlier is a value that is well separated from the rest of the data set. An outlier will have a large absolute residual value.