kaurmandeep0124 kaurmandeep0124

23-11-2019
Mathematics

contestada

what is the nominal rate of interest compounded quarterly if the effective rate of interest on the investment is 5.3%.

Respuesta :

23-11-2019

Answer: 5.3% effective rate=5.20% comp. quarterly.

1.053^1/4=1.0129945 - 1=.0129945 X 4 X100=5.20%

Step-by-step explanation:

Answer Link

Otras preguntas

what birds in a population have the highest fitness

describe the civilian conversation corps

Which of the following best describes the reason that early civilizations in the Andes Mountains were able to develop varied sources of food like herding and ag

Humans always influence and create the physical characteristics of the earth by the structures they build and by their activities. is this true or false

What is the hydroxide ion concentration in a solution of NH3 with a pOH of 4.65?

a gas pressure of 1.26 ATM and occupies a volume of 7.40 L if the gas is compressed to a volume of 2.9 L what will its pressure?

The Equator divides the world in half. What do we call the half in which we find both the United States and England? A. prime meridian B. Northern Hemisph

When an object loses its original shape and size?

Side ST = 5, side US = 8, side VW = 5, and side XV = 8. What side corresponds to side TU and can be used to show that ΔSTU ≅ ΔVWX by SSS? (Enter your answer usi

To cite an entry in an encyclopedia, use the ______ instead of the author name as opening items in a citation.