9514 1404 393
Answer:
0.06164
Step-by-step explanation:
The effective annual rate obtained by compounding nominal annual rate r monthly is ...
eff rate = (1 +r/12)^12 -1
Then the value of r is ...
r = 12×((eff rate) +1)^(1/12) -1)
For the given effective rate, that is ...
r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate
The answer is 32.7 b so the answer is 105 over 10
Answer:
tHANKS FOR THE POINT
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Step-by-step explanation:
Answer:
c = 40d+20
Step-by-step explanation:
He has to pay 20 dollars and that can't multiply so the forty has to multiply and it would have to be by d because c is the total cost
