Melanie is looking for a loan. She is willing to pay no more than an effective rate of 9.955% annually. Which, if any, of the following loans meet Melanie’s criteria?

Loan A: 9.265% nominal rate, compounded weekly
Loan B: 9.442% nominal rate, compounded monthly
Loan C: 9.719% nominal rate, compounded quarterly
a.
B only
b.
A and C
c.
A and B
d.
None of these fit Melanie’s criteria.

Answers

Answer 1

Answer:

The correct answer is C.

Step-by-step explanation:

Giving the following information:

Loan A: 9.265% nominal rate, compounded weekly

Loan B: 9.442% nominal rate, compounded monthly

Loan C: 9.719% nominal rate, compounded quarterly

To calculate the effective annual rate, we need to use the following formula:

Effective annual rate= [(1+i)^n] - 1

Loan A:

i= 0.09265/52= 0.001782

Effective annual rate= [(1.001782^52) - 1]

Effective annual rate= 0.097 = 9.7%

Loan B:

i= 0.09442/12= 0.007868

Effective annual rate= [(1.007868^12) - 1]

Effective annual rate= 0.0986 = 9.86%

Loan C:

i= 0.09719/4= 0.02439

Effective annual rate= [(1.02439^4) - 1]

Effective annual rate= 10.11%

Answer 2

Answer:

c

Step-by-step explanation:


Related Questions

Please answer the question :)

Answers

Answer:

the lenght of the shortest side is 12

Step-by-step explanation:

So first add them all up becuase perimeter

3x+3x+5x-4+5x-4

You’ll get 16x-8

16x-8=56

16x=64

x=4

So then plug it in

3x=3*4=12

5x-4=5*4-4=16

so 12 is the shortest side

PLS HELP WILL MARK BRAINLIST

Determine which is the better buy. (picture below)

Answers

Answer:

Cheese B

Step-by-step explanation:

Find the cost of 1 slice for Cheese A:

Set up a proportion: [tex]\frac{3.59}{10} = \frac{x}{1}[/tex]  Cross multiply, then divide: 3.59 × 1 = 3.59, 3.59 ÷ 10 = 0.359So, the cost of 1 slice of Cheese A is $0.359

Find the cost of 1 slice for Cheese B:

Set up a proportion: [tex]\frac{5.12}{16} = \frac{x}{1}[/tex]  Cross multiply then divide: 5.12 × 1 = 5.12, 5.12 ÷ 16 = 0.32So, the cost of 1 slice of Cheese B is $0.32

Make a conclusion:

Because $0.32 is less than $0.359, Cheese B is the better buy.

I hope this helps!

ABCDE~GHJDF Complete statement

Answers

Answer:

FE

Step-by-step explanation:

i hope you help this answer

For the two similar figures, the expression can be written as:

[tex]\dfrac{GH}{AB} = \dfrac{JD}{CD}[/tex]

What is the similarity?

In geometry, similarity refers to the property of two figures that have the same shape but possibly different sizes. Two figures are considered similar if their corresponding angles are congruent and their corresponding sides are proportional.

For example, two triangles are similar if they have the same shape but can be different in size. This means that the corresponding angles of the two triangles are equal and the corresponding sides are in proportion.

The symbol used to denote similarity is "~". For example, if triangle ABC is similar to triangle DEF, we write it as:

ABCDE~GHJDF are similar. So the ratios of the sides of the figure can be written as,

[tex]\dfrac{GH}{AB} = \dfrac{JD}{CD}[/tex]

To know more about similarity follow

https://brainly.com/question/30068992

#SPJ7

in the problem find m<1​

Answers

Answer:

m∠1 = 124°

Step-by-step explanation:

If this is the case then m∠1 and m∠2 are congruent to each other with the same angle in which m∠2 is also 124°, if m∠3 is said to be 56°.  Also, a straight angle has to equal to 180° in which the first angle is classified as obtuse.

The number of leaves that fall off a tree n days after day 1 is given by the function f (n) = 3(2)".
What does the value 3 mean in this function

Answers

Answer:

the amount of leaves that fall of the tree in one day

Step-by-step explanation:

n is the amount of days

f is the amount of leaves that fall in a day

Find the least common multiple of: 6, 3, 2

Answers

least common multiple of 6,3,2 is 6.

- 6 is the smallest number that is divisible by all three.

Answer:

.5

Step-by-step explanation:

Evaluate −4(14)6x for x=13. Enter your answer as a fraction in simplest form in the box.

Answers

-15228 I think but let me know if I’m wrong please

help help help help help​

Answers

Answer:

Step-by-step explanation:

1) (-6 , 2) ; (3 , -5)

Slope = [tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex]

         [tex]= \frac{-5-2}{3-[-6]}\\\\= \frac{-5-2}{3+6}\\\\= \frac{-7}{9}\\[/tex]

m = -7/9 ; (-6 , 2)

y - y₁ = m(x -x₁)

y - 2 = (-7/9)(x - [-6])

[tex]y - 2 = \frac{-7}{9}(x + 6)\\\\y -2 = \frac{-7}{9}x + \frac{-7}{9}*6\\\\y - 2 = \frac{-7}{9}x - \frac{7*2}{3}\\\\ y = \frac{-7}{9}x - \frac{14}{3} + 2\\\\y = \frac{-7}{9}x -\frac{14}{3} + \frac{2*3}{1*3}\\\\y = \frac{-7}{9}x - \frac{14}{3} + \frac{6}{3}\\\\y = \frac{-7}{9}x - \frac{8}{3}[/tex]

2) (3 , -4) ; m= 3

[tex]y - y_{1} = m(x - x_{1}[/tex])

y - [-4] = 3(x - 3)

y + 4 = 3x - 3*3

y + 4 = 3x  - 9

     y = 3x - 9 - 4

Ans: y = 3x - 13

3) m = 2 ; y-intercept (b) = 3/2

     y = mx + b

  Ans: y = 2x + (3/2)

4) (-1, 3 ) ;  (2 , 0)

Slope = [tex]\frac{0 - 3}{2-[-1]}[/tex]

         [tex]= \frac{-3}{2+1}\\\\= \frac{-3}{3}\\\\= 1[/tex]

m = 1; ( -1 , 3)

y - 3 = 1(x -[-1])

y - 3 = 1(x + 1)

y - 3 = x + 1

    y = x + 1 + 3

  Ans: y = x + 4

5)(2, 1) ;m = -3

y - 1 = (-3)(x - 2)

y - 1 = -3x + 6

   y = -3x + 6 +1

Ans: y = -3x + 7

Step-by-step explanation:

1) (-6 , 2) ; (3 , -5)

Slope = \frac{y_{2}-y_{1}}{x_{2}-x_{1}}

x

2

−x

1

y

2

−y

1

\begin{gathered}= \frac{-5-2}{3-[-6]}\\\\= \frac{-5-2}{3+6}\\\\= \frac{-7}{9}\\\end{gathered}

=

3−[−6]

−5−2

=

3+6

−5−2

=

9

−7

m = -7/9 ; (-6 , 2)

y - y₁ = m(x -x₁)

y - 2 = (-7/9)(x - [-6])

The movie starts at 3:15 p.m. and ends at 5:08 p.m. How long is the movie?

Answers

Answer:

1 hour and 53 minutes

Step-by-step explanation:

Your welcome

A. 3(x+2)=18 B. 3x+6=18

Answers

Answer:

B

Step-by-step explanation:

3x6 is 18 so therefore its B

what the quest but I guess A or B but I

What reason justifies 3x>3

Answers

Answer:

3x is greater then 3 because 3x has 3 of x and 3 is plain 3

PLEASE ANSWER ASASP AND GIVE BRAINLEST!!!!!!!!!!!!!
The equation c = 2.5t represents the cost, c, for t tickets to the school play. Does a value of 3.5 for t make sense in this situation? Explain your reasoning.

Answers

Answer:

No

Step-by-step explanation:

Number of tickets can only be represented by integer values. A value of 3.5 for t would imply you can purchase three and a half tickets, which isn't possible.

verify the identity

[tex]cot(x-\frac{\pi }{2} )[/tex] = - tan x

please show all steps

Answers

Answer:

Step-by-step explanation:

[tex]\tan (x-\frac{\pi }{2} )=\frac{tan~x-tan~\frac{\pi }{2} }{1+tan~x~tan~\frac{\pi }{2} } \\or~\cot(x-\frac{\pi }{2} )=\frac{1+\tan~x~\tan\frac{\pi }{2} }{\tan~x-\tan~\frac{\pi }{2} } \\divide~the~R.H.S. ~by~\tan ~x~\tan~\frac{\pi }{2} \\=\frac{\cot~x~\cot~\frac{\pi }{2} +1 }{\cot~\frac{\pi }{2} -\cot~x} \\\cot\frac{\pi }{2} =0\\\cot(x-\frac{\pi }{2} )=\frac{\cot~x ~\times~0+1}{0-\cot~x} \\\cot~(x-\frac{\pi }{2} )=-\frac{1}{\cot~x} =-\tan~x[/tex]

A TV has an original price of $599. Enter the new price after the given percent of change.

20% increase

The percent decrease is ? %

Answers

Answer:

The new price = $718. 8

Step-by-step explanation:

Original Price =  $599

Given that the increase is 20%.

i.e.

Thus,

The amount of 20% Percentage increase = 20/100 × 599

                                                                             = 0.2 × 599

                                                                              = $119.8

Therefore,

New price = Original price + 20% increase amount

                 = 599 + 119.8

                  = $718. 8

Therefore, the new price = $718. 8

plz answer my question

Answers

4R+12

When you diffuse (multiply) the 4 to the rest of the number r become 4r and 3 becomes 12 giving you the equivalent of 4r+12

please answer the question below

Answers

Answer: 220

Step-by-step explanation:

Will already has 148 he bought 8 packages that contains 9 in each so 8 x 9 = 72 then add 148 to 72 and you will have your total which is 220.

What is the expression of 82 and 95

Answers

Answer: 88.5

Step-by-step explanation:

Step 1: Address the formula, input parameters & values.

Input parameters & values:

The given numbers are 82 & 95

Step 2: Find the sum of the given two numbers.

sum = 82 + 95 = 177

Step 3: Divide the sum by 2 to get the average.

average = 177/2

= 88.5

Plsss help ASAP the semester is about to end and I have to finish so many assignments

Answers

Answer:

f(15,055) is the number of pages in a book with 15,055 words.

Step-by-step explanation:

f(w) = length of book (in pages).

w = number of words

Thus, from the options given, the only true statement about the function is that:

f(15,055) = number of pages of a book that has 15,055 words.

"f(15,055)" is the length of a book consisting of 15,055 words. It does not imply that there are 15,055 pages.

The temperature outside changed from 66°F to 42°F over a period of eight days. If the temperature changed by the same amount each day, what was the daily temperature change?

Answers

Now I don’t know if this is right but I’m pretty sure it’s just 24 with simple subtraction

Find x & y so that quadrilateral is a parallelogram. (Look at image)

Answers

Answer:

x = - 6 y = 13

Step-by-step explanation:

we know when the diagonals bisect it divides into two equal parts so

-4x - 2 = -3x + 4

-4x + 3x = 4 + 2

- x = 6

x = - 6

Now

2y + 8 = 3y - 5

3y - 2y = 8 + 5

y = 13

Hope it will help :)❤

Need help only on odds please

Answers

Answer:

Step-by-step explanation:

1) (i) HG ≅ ST ;      GI ≅ TR ;           IH ≅ RS

ΔHGI ≅ ΔSTR     by  S S S congruent

(ii) ∠H ≅ ∠S      ;  HG ≅ ST       ; ∠G ≅ ∠T

ΔHGI ≅ ΔSTR     by A S A -> Angle Side Angle congruent.

3) LM ≅ XY ;          MK ≅ YZ  ;      KL ≅ ZX

ΔLMK ≅ ΔXYZ Side Side Side congruent

∠K ≅ ∠Z  ;    KL ≅ ZX  ;    ∠L ≅ ∠X

ΔLMK ≅ ΔXYZ     by Angle Side Angle congruent


Since starting a new recycling plan, Aaron's office recycles 7 kilograms of paper each week,
How many weeks will it take Aaron's office to recycle a total of 28 kilograms of paper?

Answers

Answer: 4 weeks

Step-by-step explanation: 28 divided by 7 is 4.

Which one should I choose

Answers

Answer:

i believe its 9 too

Step-by-step explanation:

If f(x) = 3x – 7 and g(x) = x2 – 5x + 5, then f(x) = g(x) for
what values of x?
a. x = 3 and x = 4
b. X = 6 and x = 2
c. x = -6 and x = -2
d. x = -3 and x = -4

Answers

Answer:

b

Step-by-step explanation:

3x - 7 = x² - 5x + 5

x² - 5x + 5 - 3x + 7 = 0

x² - 8x + 12 = 0

(x-6)(x-2)=0

x = 6

x = 2

Write an equation for the following table.

Answers

Answer:

y= 38x

Step-by-step explanation:

It is going up by 38 each time. There is no b value (y=mx + b), because if you times 6 by 38, you get 228. You don't need to add any remainders.

1) Diego drank x ounces of juice. Lin drank 1/4 less than that

2) Lin ran x miles. Diego ran 3/4 more than that

3) Diego bought x pounds of almonds Lin bought 1/4 of that


(Drag and drop plz help)

Answers

Answer:

Follows are the solution to this question.

Step-by-step explanation:

Please find the solution file for the question in the attachment.

91 points need help now . Emanuel put 12 marbles on one pan
of a scale. On the other pan, he put
4 marbles, then he added 8 more
marbles to that side. Each of the-
marbles weighs 1 ound. Is the scale
balanced? Explain.

Answers

Answer: I believe the scale is balanced.

Step-by-step explanation: I stated that because since the other side of the scale contained 12 marbles that were 1 pound each that would be 12 pounds and then since 4+8=12 12 pounds of marbles were also put on the other side.

Circle the fraction equal to 0.1%

Answers

0.1 as a fraction in simplest form is 1/10. For this answer, you simply have to replace the point with 10 in the denominator.

200-3.5 x 2.8 what is the product?

Answers

Answer:

190.2

Explanation:

3.5x2.8=9.8

200-9.8=190.2

Answer:

how do you find the product of 3.5 x 2.8

Step-by-step explanation:

explain how you got it.

The perimeter of a polygon is 96 ft.
Write and solve an equation to find “m”.

Answers

Answer:

m = 12

Step-by-step explanation:

Total perimeter = 3m + 3m + m + m = 96

so, 8m = 96

then m = 12

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