Answer:
The nominal annual interest rate is 15%.
The effective interest rate is 16.08%.
Step-by-step explanation:
$9,375 = $325 (P/A, i%, 36)(P/A, i%, 36)
= $9,375/$325= 28.846
From compound interest tables, i = 1.25%
Nominal Interest Rate= 1.25 x 12= 15%
Effective rate = (1+ (0.15/36))^36-1=1.004^36-1= 16.08%
There is usually calculator that will solve it for you look for them just plug the question in and it can show the steps too
15,2,31,13
Answer:
Solution given:a number that is divisible only by itself and 1 (e.g. 2, 3, 5, 7, 11).
now
all prime numbers are:
15,2,31,13
Answer:
The median of this set is 45.
Step-by-step explanation: