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: 8 hours= $128 40 hours= $640
Step-by-step explanation:
$48.00 divided by 3 = $16.00 an hour. so 16x8=128 and 16x40=640
Answer:
i don't have the answer but i can add the chart for thos who can answer the question
Step-by-step explanation:
Answer:
0.4 would represent the strongest correlation.
Step-by-step explanation:
Generally, a value of r greater than 0.7 is considered a strong correlation. Anything between 0.5 and 0.7 is a moderate correlation, and anything less than 0.4 is considered a weak or no correlation
For the first one it’s 40 feet
The second one is 32
The last is 40