The effective rate is calculated in the following way:
where r is the effective annual rate, i the interest rate, and n the number of compounding periods per year (for example, 12 for monthly compounding).
our compounding period is 2 since the bank pays us semiannually(two times per year) and our interest rate is 8%
so lets plug in numbers:
Answer:
LM
Step-by-step explanation:
A midsegment is the line from the midpoint of 2 sides of the triangle and parallel to the third side.
L is at the midpoint of AB and M is at the midpoint of BC
LM is the midsegment
Answer:
A
Step-by-step explanation:
Add the number of decimal places of the two numbers being multiplied to know the number of decimal places of the product.
A: 3.48 x 42.37 = 147.4476
2 decimal places + 2 decimal places = 4 decimal places
Only choice A is correct.
I think the answer to this is: 25q + 10d + 5n + 60 = 87
The story says that you have 1 dollar and 87 cents; 60 cents of which is pennies. So, if you’re using an equation involving quarters, dimes and nickels, the total equation should equal to 87 cents (since that dollar bill could not be broken down to cents).
15 increased by a number x: 15 + x
a number x more than −14: x > -14
t<span>he difference of 7 and a number x: </span>7/x