Answer:
the answer depends on which type of interest we use:
- simple interest rate = 24%
- compound interest rate = 26.82%
Step-by-step explanation:
the interest rate paid for holding the cards one month 1/50 or 2%.
to convert 2% monthly interest rate to a simple annual rate:
monthly rate x 12 months = 2% x 12 = 24%
now to convert 2% monthly interest rate to an annual rate (using compound interest):
- = (1 + r)ⁿ - 1
- = (1 + 0.02)¹² - 1 = 1.2682 - 1 = 0.2682 or 26.82%
in compound interest, earned interest earns even more interest by itself besides the interest earned by the principal.
Answer:
<h3> sum of the roots:
</h3><h3> product of the roots:
</h3><h3>
Step-by-step explanation:</h3>
From Vieta's formulas applied to quadratic polynomial we have:
if 
then
sum of roots: 
product of the roots: 
The area of a triangle is one half the area for a rectangle because the triangle is half of a rectangle with equal base and height
Answer:
-62°F
Step-by-step explanation:
it said it got colder so it got lower not higher
