1 answer:
9514 1404 393
Answer:
0.2807
Step-by-step explanation:
The relationship between the effective annual yield (e) and the nominal annual interest rate (r) compounded n times per year is ...
e = (1 +r/n)^n -1
e = (1 +0.25/12)^12 -1 = 0.2807 . . . . . . about 28.07%
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29.94*.06= 1.80
29.94
+1.80
$31.74
A≈907.92in²
Because:
A=πr2=π·172≈907.92028in²

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