Find the effective rate of interest for 1% compounded monthly.
The effective rate of interest is %.
(Round to three decimal places as needed.)

Answers

Answer 1

Answer:

Find the effective rate of interest for 1% compounded monthly

Step-by-step explanation:


Related Questions

Jaylon makes $57,000 and is getting annual raises of $2,500. Anita makes $64,000 and is getting annual raises of $1,500. How many years, y, will it take for Jaylon and Anita to make the same amount of money?
A. 121
B. 7
C. 1.75
D. 30.25

Answers

C would be the answer

I neeeeed help
Two college friends rent an apartment. They have to pay the landlord two​ months' rent​ (m) and a​ $500 security deposit when they sign the lease. The total amounty they pay the landlord is​ $2800. Create an equation which will determine the amount of money owed for rent for one month​ (m).

Answers

Answer:

The renters have to pay 1.5 months rent before moving in (first month plus security deposit) so we can write the following equation to represent the situation:

1.5

m

=

1725

where

m

is the amount of one month's rent.

Using algebra

1.5

m

1.5

=

1725

1.5

1.5

m

1.5

=

1150

m

=

1150

The monthly rent is $1,150.

Step-by-step explanation:

Answer:

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Writewrite an equation of the line passing through the point p (-2, 6) that is parallel to the line x= -5.​

Answers

Answer:

Since the slope of the line x= - 5 is infinite

The line will be parallel to y axis.

And the line passes through - 2, so the equation will become x= -2

can someone help me to solve this question? ​

Answers

Answer :

Width : 9

length: 3.6

The perimeter will be 25.2

-----------------------------------------------------------------------------------------------------------------

Show your work : Since the length and width are 3 times bigger have to multiply the old one by 3

so 1.2  times 3 = 3.6

so 3 times 3 = 9

thats the length

to find the perimeter its 2L + 2W

2(3.6) + 2(9)=25.2

Write a linear function in slope intercept form given the slope of the equation is -4 and the y intercept is 6.

Answers

Answer:

6=-4x+b

Step-by-step explanation:

You plug in the numbers but the formula that you use is y=mx+b with x being the number you don't know

slope=?

please help

Answers

Answer: It's 4

Step-by-step explanation: 12-8 is 4, 4-3 is 1

Arisia puts $500.00 into a savings account with an annual simple interest rate of 4.5%.
Part A
How much interest does she earn per year?

Answers

Answer:

$22.50

Step-by-step explanation:

$500.00 × 0.045=22.50

yo help plz ill give branliest

Answers

Answer:

did you get it ?

Step-by-step explanation:

6+7×4+34=56 are they equal

Answers

No its not, the equation your showing right now adds up to 68

Answer:

No

Step-by-step explanation:

6+7×4+34=56

Step 1 - (PEMDAS)

P - Parentheses

E - Exponents

M - Multiplication

D - Division

A - Addition

S - Subtraction

Simplify Using PEMDAS :

7 • 4 = 28

6 + 28 + 34 = 56

68 = 56 NOT EQUAL

expression is equivalent to
14

17

Answers

Answer:

14/17

Step-by-step explanation:

14/17 as a fraction can't be simplified. 17 is a prime number, so it can't be divided by anything except 1.

If the question you're asking is 14-17, the answer would be -3...

I hope this helped you out!! Have an awesome day C:

Step-by-step explanation:

if you are subtracting it is -3

if you are dividing it is 0.823

if you are looking for an equivalent fraction it is 28/34

The United States Capitol is

located at (2, 4) on a coordinate grid. The White

House is located at (-10, 16) on the same coordinate

grid. Find two different points on a segment joining

the United States Capital and the White House such

that the ratio of the two shorter segments created by

each point is 1:3.

Answers

Answer:

The two different point on a segment joining the United States Capital and the White House such that the ratio of the shorter segments created by each is 1 : 3 are [tex]\vec C_{1} =(-1,7)[/tex] and [tex]\vec C_{2} = (-7,13)[/tex].

Step-by-step explanation:

At first we need to calculate the vector distance between [tex]A(x,y) = (2, 4)[/tex] and [tex]B(x,y) =(-10,16)[/tex] by following vectorial subtraction:

[tex]\overrightarrow{AB} = \vec B - \vec A[/tex] (Eq. 1)

Where:

[tex]\overrightarrow{AB}[/tex] - Vector distance between points A and B, dimensionless.

[tex]\vec A[/tex], [tex]\vec B[/tex] - Vector distance between each point and origin, dimensionless.

If we know that [tex]A(x,y) = (2, 4)[/tex] and [tex]B(x,y) =(-10,16)[/tex], then we have the following result:

[tex]\overrightarrow {AB} = (-10,16)-(2,4)[/tex]

[tex]\overrightarrow{AB} = (-10-2,16-4)[/tex]

[tex]\overrightarrow{AB} = (-12,12)[/tex]

Besides, we can find the location of any point inside the line segment by using the following vectorial equation:

[tex]\vec C = \vec A + r\cdot \overrightarrow{AB}[/tex] (Eq. 2)

Where:

[tex]r[/tex] - Segment factor, dimensionless.

[tex]\vec C[/tex] - Location of resulting point, dimensionless.

There are two different options for the location of resulting point: [tex]r_{1} = \frac{1}{4}[/tex] and [tex]r_{2} = \frac{3}{4}[/tex]. Now we proceed to find each option:

[tex]r_{1} = \frac{1}{4}[/tex]

[tex]\vec C_{1} = (2,4) +\frac{1}{4}\cdot (-12,12)[/tex]

[tex]\vec C_{1} = (2,4)+(-3,3)[/tex]

[tex]\vec C_{1} =(-1,7)[/tex]

[tex]r_{2} = \frac{3}{4}[/tex]

[tex]\vec C_{2} = (2,4) +\frac{3}{4}\cdot (-12,12)[/tex]

[tex]\vec C_{2} = (2,4) +(-9,9)[/tex]

[tex]\vec C_{2} = (-7,13)[/tex]

The two different point on a segment joining the United States Capital and the White House such that the ratio of the shorter segments created by each is 1 : 3 are [tex]\vec C_{1} =(-1,7)[/tex] and [tex]\vec C_{2} = (-7,13)[/tex].

if you answer this question your cool

Answers

Answer:

D. 40

Step-by-step explanation:

Triangles add up to 180 degrees so...

110 + 30 + x = 180

140 + x = 180

x = 40

Yeah Ik!

You're cool too!

Could you help me with these?

Answers

Step-by-step explanation:

Molly should have multiplied three first so that it would have been

x + 6 + 3x + 12

4x + 18

Dylan did not add x to 5x

it should have been

6x - 12

Jose did not multiply 7 and -5

it should have been

x + 3 + 7x - 35

8x - 32

Here are several recipes for sparkling lemonade. For each recipe
describe how many tablespoons of lemonade mix it takes per cup
of sparkling water,
Recipe 1: 4 tablespoons lemonade mix and 12 cups of sparkling
water
Recipe 2: 4 tablespoons of lemonade mix and 6 cups of sparkling
water
Recipe 3: 3 tablespoons of lemonade mix and 5 cups of sparkling
water
Recipe 4: 1 tablespoon os lemonade mix and 3 cups of sparkling
water

Answers

Answer:

Recipe 1: 1/2tbs of lemonade mix per cup of sparkling water

Recipe 2: 2/3tbs per cup

Recipe 3: 3/5tbs per cup

Recipe 4: 1/3tbs per cup

Step-by-step explanation:

To find the amount of lemonade mix per cup of sparkling water, we just need to divide the amount of lemonade mix in each recipe by its respective amount of sparkling water as this will give us the average amount per cup.

Recipe 1: 4 tbs lemonade mix, 12c sparkling water.

4/12 = 1/3, Recipe 1 requires 1/3 tablespoon per cup of sparkling water.

Recipe 2: 4tbs Lemonade, 6c water

4/6 = 2/3, Recipe 2 requires 2/3 tablespoon per cup of sparkling water.

Recipe 3: 3 tbs lemon, 5c water

Recipe 3 requires 3/5 tablespoon per cup of sparkling water.

Recipe 4: 1 tbs, 3c water

Recipe 4 requires 1/3 tablespoon per cup of sparkling water.

Hope this helped!

How much interest would $1,000,000 earn at 2% compound daily, in one day?

Answers

Answer:

$54.79 is the answer

Step-by-step explanation:

The engine of a car has a displacement of 307 cubic inches. What is the displacement in cubic feet? Round your answer to 2 decimal places.

Answers

Answer:

5.03 L

Step-by-step explanation:

we know that 1 inch = 2.54 centimeters

 (1 inch)3 = (2.54 cm)3

1 in3 = 16.387 cm3

 

therefore

volume in cm^3 = (volume in in3) x (16.387 cm3/1 in3)

volume in cm3 = (307x 16.387) cm^3

volume in cm3 = 5030.809cm^3

let us convert to liters.

we know that

1 L = 1,000 cm3

 

volume in L = (volume in cm3) x (1 L/1,000 cm3)

volume in L = (5030.809/1,000) L

volume in L = 5.03 L

307 cubic inche engine displaces 5.03 L

Please help I’m not sure if I’m right

Answers

Answer:

C

Step-by-step explanation:

75.54*550=41,497.5

Select the correct answer.
The formula for the voltage, V, of an electrical current is V = VPR, where Pis the power measured in watts and Ris the resistance measured
In ohms.
A toy train with a resistance of 10 ohms is powered by four 1.5-volt batteries. What is the power of the toy train?
OA. 0.225 watts
OB. 0.60 watts
Ос.
3.6 watts
OD
16.7 watts

Answers

I don't know the correct answer but I know its not 0.60 watts

Answer:

it is 3.6 watts

Step-by-step explanation:

there is no explanation but if needed proof i will try to post a picture of it

your 6 1/4 - year investment of 40,000 at 14% compounded quarterly is worth how much now?​

Answers

Answer:

The investment of $40,000 is worth $94,529.80 now

Step-by-step explanation:

Compound Interest

It occurs when the interest is reinvested along with the principal, rather than paying it out. When it happens interest in the next period is then earned on the principal sum plus previously accumulated interest.

To calculate the final amount we use:

[tex]{\displaystyle A=P\left(1+{\frac {r}{n}}\right)^{nt}}[/tex]

Where:

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed

The investment is for t=6 1/4 years = 6.25 years with an initial balance of P=40,000 at a rate r=14% = 0.14 compounded quarterly. Since there are 4 quarters per year, then n=4.

Applying the formula:

[tex]{\displaystyle A=40,000\left(1+{\frac {0.14}{4}}\right)^{4*6.25}}[/tex]

[tex]{\displaystyle A=40,000\left(1+0.035\right)^{25}}[/tex]

A=$94,529.80

The investment of $40,000 is worth $94,529.80 now

Chad sells custom T-shirts with five friends. They want to make enough money so that, after splitting the earnings evenly, each person earns 40

Answers

Answer: They earned 500 bucks in total

Answer:

They want to make 200 dollars

Step-by-step explanation:

40*5=200

If x is 6, then 7x =

Answers

42... by understanding that x is equal to 6, you set the problem up as 7(6) or 7x6 which equals 42. Hope this helps!

Answer:42

Step-by-step explanation: You have to multiply 7 per 6 and so the result will be 42.

ir x+2 has a value of 5. then which of the following is the value of x(x+2)+3(x+2)? Show the work
that leads to your answer.
(1) 30
(3) 15
(2) 25
(4) 10

we are using binomials

Answers

Answer:the answer is 1)30

Step-by-step explanation:


Needed before 12:00pm tomorrow afternoon


What's the difference between how we find the sale price of discounts and how we find the total price of tax, tips, and mark ups?

Answers

To find the actual discount, multiply the discount rate by the original amount 'x'. To find the sale price, subtract the actual discount from the original amount 'x' and equate this to given sale price.

20
22
89
___*_ what is 20 times 22 times 89

Answers

Answer:

39,160

Step-by-step explanation:

20x22=440 x89=39,160

What is times plus 4

Answers

Answer:

you forgot the number before times

Step-by-step explanation:

square root of 9 on a graph

Answers

Answer:

I think the answer is 3

I’ll mark brainliest this is 10 points!!!

Question: If p and q are integers, then all of these quotients are equivalent, except....?

Answers

Answer:

C

Step-by-step explanation:

We can fill in the negative in front of the parenthesis with a one. So you'd be multiplying -1 by your negative fraction. A negative times a negative makes a positive. So that would be the only answer that's a positive.

plesse answer this question​

Answers

Answer:

number 2......................

convert 8o liters to gallons. round answer to the nearest tenth.

Answers

Hello there! Your correct answer would be 21 gallons.

When you convert 80 liters to gallons.. It would be 21 gallons.

In a short answer... You could use google or your notes. I prefer your notes, as that'll help you much more than google.  

✨ There is your answer, have a nice day! ✨

(Kinda figured you meant "80")

⌨ Please give me brainlest!! ⌨

Y=8 when x=20 find y when x= 30

Answers

Answer:

y=13

Step-by-step explanation:

if x=20 when y=8 (we can creat equation )

x=2y+4 (you can prove that the equation is correct by substitute )

so the question is if x=30 find the value of y

30=2y+4

30‒4=2y

26=2y

26/2=2y/2

13=y

i hope this helps you

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