Step-by-step explanation:
the explanaition of the answer and solution is in the picture, check it out. this is for question 14
9514 1404 393
Answer:
0.06164
Step-by-step explanation:
The effective annual rate obtained by compounding nominal annual rate r monthly is ...
eff rate = (1 +r/12)^12 -1
Then the value of r is ...
r = 12×((eff rate) +1)^(1/12) -1)
For the given effective rate, that is ...
r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate
Answer:
4 ft
Step-by-step explanation:
<h3>Area of rectangle:</h3>
Area = 30 square ft
base = 7.5 ft
Answer:
6
Step-by-step explanation:
(1/2)(9 + 3) = (1/2)(12) = 6