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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Answer:
(x -6)^2 +(y -3)^2 = 2
Step-by-step explanation:
The midpoint (C) is the center of the circle:
C = ((5, 4) +(7, 2))/2 = ((5+7)/2, (4+2)/2) = (6, 3)
A circle with center (h, k) that goes through point (a, b) can be written as ...
(x -h)^2 +(y -k) ^2 = (a -h)^2 +(b -k)^2
Using the values for this problem, we get ...
(x -6)^2 +(y -3)^2 = (5 -6)^2 +(4 -3)^2
(x -6)^2 +(y -3)^2 = 2
The probability that the first two votes drawn are both for candidate a is given by:
3C2/5C2 = 3/10
Having drawn two votes for candidate a on the first two draws, there are 2 votes for candidate b and one vote for candidate a remaining. The probability that a vote for candidate b will be drawn on the third draw is:
2/3.
After the first three draws, there reains one vote for candidate a and one vote for candidate b. The probability that a vote for candidate a will be drawn on the fourth draw is:
1/2.
The probability of the ordering aabab is therefore given by:
The answer is: 0.1.
3C2/5C2 = 3/10
Having drawn two votes for candidate a on the first two draws, there are 2 votes for candidate b and one vote for candidate a remaining. The probability that a vote for candidate b will be drawn on the third draw is:
2/3.
After the first three draws, there reains one vote for candidate a and one vote for candidate b. The probability that a vote for candidate a will be drawn on the fourth draw is:
1/2.
The probability of the ordering aabab is therefore given by:
The answer is: 0.1.