Answer:
12.68%
Step-by-step explanation:
To calculate effective annual interest rate we need to use the following formula:

Where, 'i' is the effective annual interest rate
'r' is the annual rate of interest
'm' is the frequency of compounding.
When there is continuous compounding the effective annual rate uses the following formula:

In our case we would are assume that there is continuous compounding since no information regarding the frequency of compounding is given:
Plugging r=12%=0.12, we get:




Therefore, the effective annual interest rate is 12.74%.
We have been given an equation
. We are also told that x is greater than 0. We are asked to choose the equation that can be written as our given equation.
Since x is greater than, so we will take positive root on both sides of our given equation as:


Upon looking at our given choices, we can see that option C is same as our answer.
Therefore, option C is the correct choice.
3.2(2.3) - 4.8
Simplify.
(3.2 × 2.3) - 4.8
Simplify.
(10.24) - 4.8
Simplify.
5.44
~Hope I helped!~
M a t h w a y to find the answer
1) Volume of the box = 90*45*45=<span>182250 cm³
2) filled with soil = 0.85*</span>182250= <span>154912.5 cm³
3) </span>182250 cm³-154912.5 cm³=<span>27337.5 cm³ not filled
4) </span>27337.5 cm³/28316 cm³=0.9654 ≈ 1 bag