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The loan's effective rate and interest compound every two months then the value of n would be 6.
Given that,
When calculating a loan's effective rate, the interest compounds every two months.
We have to determine,
What value of n do you plug into your equation?
According to the question,
The calculation of compounded interest would be derived with the following formula:
In a year there are 12 months and when the interest rate is said to be compounded every two months then it implies that the number of months would be 6 months.
Then,
The value of n is,
Hence, The loan's effective rate and interest compounds every two months then the value of n would be 6.
For more details, about Interest Rate refers to the link given below.
One factor of f(x) = 5x³ + 5x² - 170x + 280 is (x + 7). What are all the roots of the function? Use The Remainder <span>Theorem
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<span>Solution:
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<span><span>The </span>all roots of the function ⇒⇒⇒ -7 , 2 and 4
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</span><span>See the attached figure for the detailed solution.
</span>
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<span>Solution:
</span>
<span><span>The </span>all roots of the function ⇒⇒⇒ -7 , 2 and 4
</span><span>
</span><span>See the attached figure for the detailed solution.
</span>
Answer:
Step-by-step explanation:
Let x is the total population of the world.
Therefore, by the condition given the population of North America is
Again it is given that fraction of the world's population lives in the United States of America.
So, is the population of USA.
Therefore, the fraction of the population of North America that is the population of USA will be (Answer)