Answer:
The question is:
The following function, L, gives the approximate percent literacy rate in India t years after 1900.
L(t)=5.3 x 1.025^t
Which of the following equivalent functions shows, as a constant or coefficient, the approximate number of years it took for the literacy rate to triple?
(a) L(t)=5.3 x 3^t/44.5
(b) L(t)=5.3 x 1.077^t/3
(c) L(t)=5.3 x 1.008^3t
(d) L(t)=3 x 1.025^t+23
Explanation:
For example, monthly capitalization with annual rate of interest means that the compounding frequency is 12, with time periods measured in years. The effect of compounding depends on: The nominal interest rate which is applied and. The frequency interest is compounded.
Answer:
the correct answer is okay
Explanation:
thx wolfie :D
The course of action that would be used to achieve this goal would be
Buying $65 billion of government bonds
<h3>How to solve for the solution</h3>
Given that the feds are wanting to stimulate the economy, there is going to be a right shift in the aggregate demand.
There would be an increase in money supply given that the feds are going to buy bonds.
<h3>The money multiplier</h3>
1/0.1= 10
<h3>Change in reserve</h3>
= $650 billion/10= $65 billion
Hence we conclude that the way of achieving the goal would be by Buying $65 billion of government bonds
Read more on money multiplier here; brainly.com/question/4412587
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