3 + (2 + 8)^2 / 4 * (1/2)^4
3 + 10^2 / 4 * (1/2)^4
3 + 100/4 * (1/2)^4
3 + 25 * 1/16
3 + 25/16
48/16 + 25/16
73/16
4 9/16 <==
Answer:
APR = 416%
EAR = 5370.60%
Step-by-step explanation:
Given:
Interest rate = 7.8% per week
Now,
In an year there are total 52 weeks
thus,
The APR (Annual percentage rate) = Interest rate × Total weeks in an year
or
APR = 8% × 52
or
APR = 416%
and, EAR ( Effective Annual Rate ) = ( 1 + r )ⁿ - 1
Here,
r is the interest rate per week
n is the total weeks in an year
thus,
EAR ( Effective Annual Rate ) = ( 1 + 8% )⁵² - 1
= ( 1 + 0.08 )⁵² - 1
= 53.7060
or
53.7060 × 100% = 5370.60%
that differences are that mass is a measurement of the amount of matter something contains and mass is measured by using a balance comparing a known amount of matter to an unknow of matter
