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

Help Asap! 20 points! What is the volume of the cylinder? Use π = 3.14 and round to the nearest tenth, if needed. Height: 10 cm Radius: 8 cm A) 502.4 cm^3 B) 20

Read the excerpt below and answer the question. But she is in her grave, and, oh, The difference to me! ("She Dwelt Among the Untrodden Ways," lines 11-12) In

Mai has picked picked 1 cup of strawberries for a cake, which is enough for 3/4 of the cake. How many cups does she need for the whole cake?

A large simple random sample of people aged nineteen to thirty living in the state of colorado was surveyed to determine which of the mp3 players

En mi habitación, yo duermo en mi ______________________ a. mesita de noche c. alfombra b. cama d. televisor

Mr. Lee can paint 20 chairs in t hours. Find, in terms of t, the time taken by Mr. Lee to paint 7 chairs.

Prompt: When people think of drug abuse and addiction, they usually think of how it affects the individual user or addict and the user or addict's family and fr

What is the correct way to express a^-2 with a positive exponent?

a coin will be flipped 4 times what is the probability the coin will land heads up app four times

During a landslide, in what direction does land always slide?