Answer:
56.44%
Step-by-step explanation:
From the question, we have the following values
% Discount = 3%
Full allowed payment days = 30 days
Discount days = 10 days
1 year = 365 days
The formula for Effective Annual rate or Annual rate in effect =
Discount %/(1-Discount %) x (365 days/(Full allowed payment days - Discount days))
= 3%/(1 - 3%) × (365 days/30 days - 10 days)
= 0.03/(1 - 0.03) × (365/20)
= 0.03/0.97 × (365/20)
= 0.5644329897
Converting to percentage
0.5644329897 × 100
= 56.44329897%
Approximately = 56.44%
Therefore, the annual rate Heidi, in effect, is paying the supplier if she fails to pay the invoice at the end of the discount period is 56.44%
so 253 doubles is 506, 506 divided by two = 253
therefore the answer will be '' 506 divided by 2 = 253''
Start with the simplest equation of a straight line: y = mx + b.
Subst. 1 for m, 2 for x and 4 for y. Then, 4 = 1(2) + b, or b = 2.
In slope-intercept form, the equation of this line is y = x + 2.
It changes it into negative
Answer:Step-by-step explanation:
10
