9514 1404 393
Answer:
0.06164
Step-by-step explanation:
The effective annual rate obtained by compounding nominal annual rate r monthly is ...
eff rate = (1 +r/12)^12 -1
Then the value of r is ...
r = 12×((eff rate) +1)^(1/12) -1)
For the given effective rate, that is ...
r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate
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Answer: D
Step-by-step explanation:

Answer:
The width of rectangle is 1 unit.
Step-by-step explanation:
Given:
The area of rectangle is 6 units and its width is 5 units less than the length.
So, to find the width of rectangle.
Let the length be
and the width be
.
Now, to find the width we put the formula of area of rectangle:
Area = length × width






<em>On solving equation we get:</em>

Therefore, we take the value x=6 as it is positive value:


So, the width of rectangle:
Width = 
= 
= 
Therefore, the width of rectangle is 1 unit.