When calculating a loan’s effective interest rate, if the nominal rate is 8. 5%, what value of i do you plug into your equatio
1 answer:
The nominal rate to plug in will be 0.085.
Given to us, the nominal rate is 8.5%,
The value to plug into your equation,
The equation can be simple interest or compound interest in both cases the value of the nominal rate to the plugin will be the same.
Thus, the nominal rate is 8.5% can be written as
Hence, the nominal rate to plug in will be 0.085.
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Solution: The dilation of gk by a scale factor of 2 centered at (-2,-4) is and
.
Explanation:
It is given that the scale factor is 2 and center of dilation is (-2,-4).
If the center of dilation is (a,b) with scale factor k, then the dilation of a point P(x,y) is determined by the given formula.
.....(1)
To find the g' substitute x=0, y=0, a=-2, b=-4 and k=2 in equation (1).
To find the k' substitute x=4, y=4, a=-2, b=-4 and k=2 in equation (1).
Therefore, the dilation of gk by a scale factor of 2 centered at (-2,-4) is and
.