Answer:
4:30
Explanation:
Three hours before 7:35 is 4:35, but you also have to subtract the extra 5 minutes to make it 4:30
Answer:
A. 30 two-point questions and 10 four-point questions
Step-by-step explanation:
30 multiplied by 2 equals 60
10 multiplied by 4 equals 40
60 plus 40 equals 100 points which is the amount of points the test is worth as stated i the question.
30 plus 10 equals 40, which is the total amount of questions in the test as stated in the question.
A = P + I
2a = a + PTR/100
2a = a + 5aT/100
2a = a(1+T/20)
2=1+T/20
T=20 yrs
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.
Learn more about the loans here:
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