Answer:
Nominal interest rate is = 9% converible quaterly
we need to find monthy effective interest rate
0.09
i = 0.00744 or 0.75% approximately
i can also be taken as = 0.09/12
now PV of annuity will be the market price i.e x
6 60 *2 ---------------------a
Multiply equation by \frac{1}{1+i} both sides
6 60 2 PV ---------------b
Subtract equation b from a
60 2 PV (1 1+i (1+2)1 (1+2)2 (1+2)3 (1+2)60 (1+961
60 2 PV( 1 +i
on putting i = 0.00744
PV = 2733.88 approximately
X = 2733.88
Step-by-step explanation:
It should be 40
Mark be as brainliest if right plz
Answer:
A. They were afraid of having another monarchy/king.
Step-by-step explanation:
This is because they were already under a rule of a cruel king from Britain and the whole reason they were creating this document was because they rebelled from monarchy and wanted to create a better government.
The correct answer would be 1/3 cup of sugar for every 1 teaspoon of vanilla, so A.
Hope this helps :)
