When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
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Inequalities help us to compare two unequal expressions. The inequality for this scenario in standard form is 2x + 3y > 30.
<h3>What are inequalities?</h3>
Inequalities help us to compare two unequal expressions. Also, it helps us to compare the non-equal expressions so that an equation can be formed.
It is mostly denoted by the symbol <, >, ≤, and ≥.
Let the safety counts be represented by x, while the field goal count is represented by y.
Part A: The inequality for this scenario in standard form.
2x + 3y > 30
Part B: The inequality in slope-intercept form.
2x + 3y > 30
3y > 30 - 2x
y > 10 - (2/3)x
y < (2/3)x - 10
PartC: The inequality is represented below.
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Answer:
35 plants
Step-by-step explanation:
For this case we can make the following rule of three:
4 gallons --------------> 14 plants
x --------------------------> 35 plants
From here, we clear the value of x.
We have then:
therefore, 10 gallons are needed to irrigate 35 plants.
Answer:
it will take 10 gallons to water 35 plants
Answer:
The location of Bern is (2,-3)
Step-by-step explanation:
Hope this helps!
