Answer:
The nominal annual interest rate is 15%.
The effective interest rate is 16.08%.
Step-by-step explanation:
$9,375 = $325 (P/A, i%, 36)(P/A, i%, 36)
= $9,375/$325= 28.846
From compound interest tables, i = 1.25%
Nominal Interest Rate= 1.25 x 12= 15%
Effective rate = (1+ (0.15/36))^36-1=1.004^36-1= 16.08%
Answer:
7
Step-by-step explanation:
Step-by-step explanation:
length of each rectangle= 9 1/14=127/14
breadth of each rectangle=5=4 1/2= 9/2
so perimeter of 1 rectangle= 2(l+r)
=2(127/14+ 9/2)
=2(127+63)/14
=2×190/14
=190/7
=27.14 feet
so total length of fencing= 4×27.14
=108.57 feet
hope you understand the solution and good luck!!
Answer:
cnc machining can include a lot of maths in it