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mafiozo [28]
3 years ago
10

If you have the option of choosing a loan that will accumulate 4%/ a interest compounded semi-annually compared to a loan that w

ill accumulate 4% /a interest compounded monthly, which one would you choose
Mathematics
1 answer:
alexira [117]3 years ago
6 0

Answer:

4%/ a interest compounded semi-annually

Step-by-step explanation:

The option that gives the lower interest rate payment would be more appropriate. to determine this calculate the effective interest rate

Effective annual rate = (1 + APR / m ) ^m - 1

M = number of compounding

(1 + 0.04/2)^2 - 1 = 4.04%

(1 + 0.04/12)^12 - 1 = 4.07%

the choice should be 4%/ a interest compounded semi-annually

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Step-by-step explanation:

In other to perform a valid paired test, one of the conditions required is that, data for both groups must be approximately normal. To attain normality, the population distribution for the groups must be normal or based on the central limit theorem, the sample size must be large enough, usually n > 30. Hence, once either of the two conditions are met, the paired sample will be valid.

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3 years ago
8 Select the correct answer from each drop-down menu. Some of the images in the diagram are images of polygon 1 from similarity
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It should be noted that Polygon 3 and polygon 4 are similar to polygon 1.

<h3>What exactly is polygon?</h3>

In geometry, it should be noted that a polygon is a plane figure which is described by a finite number of straight line segments that are connected in order to form a closed polygonal chain.

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In this case, it should be noted that Polygon 3 and polygon 4 are similar to polygon 1.

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brainly.com/question/24966296

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8 0
2 years ago
Some animals on farms eat hay to get energy. A horse can eat twenty pounds of hay each day. Write and evaluate an expression to
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Last week, Gina's art teacher mixed 9 pints of red paint with 6 pints of white
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Answer:

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