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pickupchik [31]
3 years ago
5

PLEASE HELP TIMED QUIZ

Mathematics
1 answer:
Karo-lina-s [1.5K]3 years ago
4 0

Answer:

Randomly scattered meaning

D) A correlation of approximately 0

Hope this helps!

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____________ is the amount of a $3000.00 annuity due at 12 percent compounded semiannually for 3 years.
snow_tiger [21]
Base on my calculations, the answer is not in the choices given. First, we have to acknowledge that the interest rate given is not the effective interest rate instead it is called the nominal interest rate therefore we have to convert it first to an effective interest rate. We use the following formula:
Effective Interest rate = [[1 + (r/m)]^m] - 1 where r is the nominal interest rate and m is the number of compounding times 
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Effective Interest rate = [[1 + (.12/2)]^2] - 1 = .1236
We then use the calculated effective interest rate to the formula for the Compound Interest Rate Formula.
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3 years ago
How do (3m) equal four?
svetlana [45]

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DiKsa [7]
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