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Setler [38]
2 years ago
6

Find the value of x and y.

Mathematics
1 answer:
suter [353]2 years ago
5 0

Answer:

5,6

Step-by-step explanation:

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Orlando has a loan with an effective interest rate of 7. 918%, compounded annually. Which of the following must be true? I. In t
svetlana [45]

The correct option is B,  II. only.

Given to us,

I. In the effective rate formula, n is equal to one.

Effective interest rate formula,

r = (1 + \dfrac{i}{n} )^n - 1.

where,

r is the effective interest rate,

i is the stated interest rate,

n is the number of compounding periods per year.

According to the question the compounding periods per year is not given to us. Also, loans are taken for a longer period of time.

Thus, we can conclude that statement is false.

II. The nominal rate is 7. 918%.

nominal rate = real interest rate + inflation rate,

but as it is not mentioned in the question about the inflation rate. the statement is true to us. Assuming the inflation rate is 0%.

Thus, we can conclude that statement is true.

III. The Federal Funds Rate is static.

This statement is false, as the no information is given about this statement also this can not be concluded through assumption.

Thus, we can conclude that statement is false.

Hence, The correct option is B,  II. only.

To know more visit:

brainly.com/question/15846526

4 0
2 years ago
Find the missing value
pshichka [43]

- 8 + 6 = - 2

Step-by-step explanation:

-2 = [-8] + 6

<u>-TheUnknownScientist</u>

3 0
3 years ago
A garden is 53 feet long and 24 feet wide. how many square feet are in the garden?(set up an equation for this Problem but do no
9966 [12]
I think your talking about area so just 53 x 24= your answer
7 0
3 years ago
Which equation is in slope-intercept form and represents a line with slope 0 through the point (2, 3)?
Westkost [7]
Y = mx + b
slope(m) = 0
(2,3)...x = 2 and y = 3
now u sub
3 = 0(2) + b
3 = b

equation is : y = 0x + 3...or just simply, y = 3
4 0
2 years ago
after a concert for 1,600 people, only 8 people said they would not go to see the band again. What percent of the people who wen
cupoosta [38]
D is the answer because 0.5% of 1,600 is 8 (:
3 0
3 years ago
Read 2 more answers
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