Based on the particular equation the answer should be 3
2x=5 so 5÷2 = x (2.5)
3y = 4 so 4÷3 = y (1.3 recurring)
4z = 3 so 3÷4 = z (0.75)
implement: 24x2.5x1.3•x0.75
hope i answered right
Answer:
The annual interest rate is 6.25%
Step-by-step explanation:
We have been given that
P = $50,000
I = $9,375
t = 3 years
r = ?
The formula for simple interest is given by
Therefore, the annual interest rate is 6.25%
The tax bracket and tax-free yield will be (18%, 3%) < (32%, 3%) < (32% , 4%) < (22% , 5%) < (24% , 6%) .
<h3>
Taxable equivalent yield based problem:</h3>
The taxable equivalent yield will be:
= Tax-free yield / (100 - Tax bracket)
Taxable equivalent yield = 3 / (100 - 18) = 0.03659
Taxable equivalent yield = 6 / (100 - 24) = 0.07895
Taxable equivalent yield = 3 / (100 - 32) = 0.04412
Taxable equivalent yield = 5 / (100 - 22) = 0.06410
Taxable equivalent yield = 4 / (100 - 32) = 0.05882
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Answer:
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Step-by-step explanation:
