find the effective rate corresponding
to the nominal rate. 4% compounded monthly



Answers

Answer 1

Answer:

4.07%

Step-by-step explanation:

To obtain the effective rate :

We use :

(1 + r/m)^m - 1

r = rate = 4% = 0.04

m = number of compounding times per year = 12

Effeective rate :

(1 + 0.04/12)^12 - 1

1.0407415 - 1

Effective rate = 0.0407415

0.0407415 * 100%

= 4.07%


Related Questions

If y varies jointly as x and z and y = 12 when x = -2 and z=3, find y when x is 4 and z is -1

A. 6
B. 9
C. 4
D. 8​

Answers

Answer:

D. 8

Step-by-step explanation:

y varies jointly as x and z

y = k(xz)

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

Find k, the constant of variation

y = 12 when x = -2 and z=3

12 = k(-2 * 3)

12 = k(-6)

k = -2

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

find y when x is 4 and z is -1

using k = -2

y = -2(4 * -1)

y = -2(-4)

y = 8

Which function is shown in the graph below? On a coordinate plane, a function is shown. The curve starts in quadrant 4 and curves up to quadrant 1. It goes through (0.5, negative 0.4), (1, 0), and (6, 1). y = log Subscript one-sixth Baseline x y = log Subscript 0.5 Baseline x y = log Subscript 1 Baseline x y = log Subscript 6 Baseline x

Answers

Answer:

c

Step-by-step explanation:

The y-values of the graph increases as the value of x increases, which

indicates that a characteristic of the base of the logarithm function.

Correct response:

The function that corresponds with the graph is; [tex]\underline{\mathrm{y = log_6 x}}[/tex]

How can the function of a log graph be determined?

The given points on the graph are;

The point where the graph starts = Quadrant 4

Direction of the graph = From quadrant 4 to quadrant 1

Points on the graph are;

(0.5, -0.4), (1, 0), and (6, 1)

The given options are;

[tex]y = \mathrm{log_{\frac{1}{6} } x}[/tex]

[tex]y = \mathrm{log_{0.5} x}[/tex]

[tex]y = \mathrm{log_1 x}[/tex]

[tex]y = \mathrm{log_{6} x}[/tex]

From the shape of the graph, in which, log x increases as x increases, therefore;

The base, b, of the logarithm is larger than 1, given that we have;

[tex]\mathbf{log_bx} = y[/tex]

[tex]\mathbf{b^y} = x[/tex]

From the given coordinate points, x increases as y increases, therefore;

b > 1

The possibly option is therefore, y = log₆x

Verifying, we have;

At x = -0.4, y = 0.5

[tex]b^y = x[/tex]

[tex]6 ^{(-0.4)}[/tex] ≈ 0.488

Therefore, the point (0.5, -0.4) is close to the graph of y = log₆x

At the point (1, 0), we have;

6⁰ = 1

Therefore, the point (1, 0), is on the graph of y = log₆x

At the point (6, 1), we have;

6¹ = 6

Therefore, the point (6, 1) is on the graph of y = log₆x

The function of the graph is therefore;

[tex]\underline{ \mathrm{y = log_6 x}}[/tex]

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Alaina wants to decide whether her current cell phone plan is better than the package that another company offers

Answers

Answer:

Step-by-step explanation:

look for another phone company then

Cherri filled out a deposit slip today. She deposited two checks for $56.13 and $22.10 and took out $20 in cash.
What was her net deposit?

Answers

Answer:

$58.23

Step-by-step explanation:

Let's say y is her net deposit. The equation you would want to use is y = 56.13 + 22.10 - 20.

Need help ASAP plz !!!!!

Answers

Answer:

yep that is correct!

Step-by-step explanation:

Theorem of Pythagoras

hopefully the picture is clear and understandable!

:)

Assume that random guesses are made for six multiple choice questions on an SAT test, so that there are n = 6 trials, each with probability of success (correct) given by
p=0.35. Find the indicated probability for the number of correct answers.
Find the probability that the number of correct answers is fewer than 4.
P(X<4)=0
(Round to four decimal places as needed)

Answers

Answer:

0.9830 = 98.30%

Step-by-step explanation:

Exercise 1 Usage of free production capacity
A factory has ended a non-profitable production line. As a result, there is a reasonable amount
of free production capacity available. The management team considers to use this capacity for
manufacturing one or more of the products A, B and C. Before a product can be sold it has to be
treated by 3 machines. The table below shows the available capacity per machine and the amount
of hours required to manufacture a product:
Machine type Available capacity Product A Product B Product C
(hours per week)
Machine 1
500
9
3
5
Machine 2
350
5
4
0
Machine 3
150
3
0
2
It is expected that each unit of product A and B that is manufactured can be sold, while the
number of sales of product C is at most 20 units per week. The profit per unit is 50, 20 and 25 Euro
for product A, B and C, respectively. The manufacturing team wants to maximize total profit.
Formulate this problem as a linear programming problem and explain which decision variables are
used.

Answers

Answer:

Step-by-step explanation:

Complementary and supplementary angles

Answers

Complementary angles- equal 90º
Supplementary angles- equal 180º

That little box in the corner of the figure indicates 90º, meaning it will be formed by complementary angles
So, to find xº, subtract the known angles from the total 90
90-29 = 61º
Thus, xº is 61º

-7(-2y-x+3)
7(-2y-x+3)

Answers

Answer:

14y+x-21

-14y-x+21

Step-by-step explanation:

How do you make an array of 5/6 x 3/4 ?

Answers

well 5/6 x 3/4 is 15/24 so you’d do 24 dots across in 15 rows

ANSWER THIS ASAP NO FILE AT ATT!! IM AT 69 I NEED A 70 JUST GET IT RIGHT

Answers

Answer:

A

Step-by-step explanation:

A shows a counterclockwise 90° rotation, so it is the correct answer.

B shows a reflection.

C shows a translation.

What is the volume of the cube

Answers

Answer:

the answer should be V = a³=2³=8cm³

Answer:

8cm

Step-by-step explanation:

The volume of a cube is length x width x height. If it a equal cube, all sides should be the same. Meaning that 2 x 2 x 2, equaling 8 would be the answer.

what is 90divided by 9??​

Answers

Answer:

10 bc 9 • 10 = 90

Step-by-step explanation:


The slope of the line that passes through the point (-2, -4) and (-3, -8) is ______

Answers

Answer:

4

Step-by-step explanation:

We know ,

Slope = difference of y co ordinate / difference of x coordinate

=> m = -8+4/-3+2

=> m = -4/-1

=> m = 4

The correct answer is -4


Pls someone help me

Answers

area of triangle = base x height over 2
triangle 1
10 x 12 = 120
120/2 = 60
triangle 2
10 x 12 = 120
120/2 = 60
triangle 3
18 x 12 = 216
216/2 = 108
triangle 4
18 x 12 = 216
216/2 = 108

add
108 + 108 + 60 + 60 = 336 square units

Which ratio is the same as 2/3?​

Answers

Answer:

The ratio 2 : 3 is the same as the ratio of 6 : 15.

I dont know  if that the same at what you refer.

Answer:

4/6, 6/9, 8/12, 10/15

Step-by-step explanation:

Basically you keep adding 3 to the denominator, and multiply the numerator by 2

Find the value of x or y so that the line through the points has the given slope.

Answers

Answer:

x= -6

Step-by-step explanation:

(-1+5)/(x+3) = -4/3

4/(x+3)= -4/3

-4(x+3)= 3(4)

-4x-12= 12

-4x= 24

x= -6

Round to the nearest whole dollar: $9.49

Answers

Answer: $9

Step-by-step explanation:  Rounding $9.49 to the nearest dollar consider the tenths’ value of $9.49. Which is 4 and less than 5. Therefore, we have to round the amount down: the dollar ones place value of $9.49, $9, remains $9, and the decimal point and all digits (.49) are removed.

Use I = PRT to find the total amount in the savings account. Type in "money fo $1555.00 at 8% for 2 years
IF YOU ANWSER IM GIVING YOU 50 POINTS!​

Answers

Step-by-step explanation:

use an interest calculator it is going to be much easier

I believe its $6986.25

https://www.bankrate.com/calculators/savings/simple-savings-calculator.aspx

Which statements are true?
Select each correct answer.
A. All triangles have 3 straight sides.
B. Only some triangles are polygons.
C. All triangles are plane figures.
D. All triangles have 3 angles.
E. All triangles have one right angle.

Answers

Answer:

C. c. c.c.c.cc.c.c.

Step-by-step explanation:

which expression is equivalent to (7x^3)^2 (x^8)^1/2​

Answers

Answer:

Step-by-step explanation:

4 × 7/8 = ? 4 × 6/8 =?

Answers

Answer:

4 × 7/8 = 3.5

Step-by-step explanation:

4 × 6/8 = 3

Answer:

3.5 and 3

Step-by-step explanation:

The measure of an angle is 61.3 degrees. What is the measure of its complementary angle?

Answers

Answer:

118.7

Step-by-step explanation:

180-61.3

8. Multiple Choice: Which equation is the factored form of x2 + 2x - 3 = 0?

a) (x - 1)(x + 3) = 0

b) (x - 1)(x - 3) = 0

c) (x - 3)(x + 1) = 0

d) (x+3)(x + 2) = 0​

Answers

Answer:

X= 1

Y= -3

Factor and set each factor equal to 0

   

Theorem: In any circles the same ratio of arc length to radius determines a unique central angle that the arcs subtend:
and conversely, equal central angles determine the same ratio of arc length to radius.
Prove the theorem above using the definition of the radian measure of an angle.

Answers

A theorem is a statement that can be demonstrated to be true by accepted mathematical operations and arguments. In general, a theorem is an embodiment of some general principle that makes it part of a larger theory. The process of showing a theorem to be correct is called a proof.

The radius of a semicircle is 4 millimeters. What is the semicircle's perimeter?

Answers

Answer:

20.57

Step-by-step explanation:

What are the center and radius of the circle defined by the equation
x2 + y2 - 6x+10y + 25 = 0 ?
O A. Center (3,-5); radius 9
B. Center (-3, 5); radius 3
C. Center (3,-5); radius 3
D. Center (-3, 5); radius 9

Answers

Answer: Center (3,-5); radius 3

Step-by-step explanation:

The center and radius of the circle defined by the equation is (3, -5) and 3.

What is Equation of Circle?

The standard equation of a circle is given by:

(x-h)² + (y-k)² = r²

Where (h,k) is the coordinates of center of the circle and r is the radius.

We have Equation,

x² + y² -6x + 10y +25= 0

Now, rearranging the terms

x² -6x + y² +10y +25 = 0

Now, add and subtract 9

x² -6x + 9 + y² +10y +25  -9 = 0

(x-3)² + (y+5)² = 3²

(x- 3)² + y(-(-5))² = 3²

So, the Centre of Circle is (3, -5) and the radius is 3.

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ANSWER ASAP! WILL MARK BRAINLIEST!

Select all the correct answers.
Which two tables represent the same function?
х|у
4|8
6|7

х|у
4|5
6|4

х|у
2|8
8|5

x|y
2|10
6|14

x|y
2|9
8|6

Answers

Answer:

The first and last set

y = (-1/2) + 10

Step-by-step explanation:

Two points form a line

The first and last set have a slope of -1/2

and b intercept of 10

х|у

4|8

6|7

y = (-1/2) + 10

and

x|y

2|9

8|6

y = (-1/2) + 10

The requried, tables that represent the same function are tables 1 and 3.

What is function?

In mathematics, a function is a relationship between two sets of numbers, known as the domain and range, in which each element in the domain is associated with exactly one element in the range.

Here,
The tables that represent the same function are:

x|y

4|8

6|7

x|y

2|8

8|5

For two tables to represent the same function, they must have the same output for the same input. In the first table, input 4 gives output 8 and input 6 gives output 7. In the second table, input 2 gives output 8 and input 8 gives output 5. Therefore, these two tables represent the same function.

The other tables do not represent the same function, as they have different outputs for the same input values.

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At a small savings and loan company, you have to deal with your customers being victims of identity theft. This happens unpredictably to one of your customers once every 9 weeks; and no incident seems to have any connection to any other incident. a) What is the probability that you will have to deal with no more than 4 incidents of identity theft in the next year (52 weeks)

Answers

Answer:

At a small savings and loan company, you have to deal with your customers being victims of identity theft. This happens unpredictably to one of your customers once every 9 weeks; and no incident seems to have any connection to any other incident.

Step-by-step explanation:

The probability that you will have to deal with no more than 4 incidents of identity theft in the next year is 30.08 %

What is a Binomial Distribution?

The binomial distribution is a type of probability distribution that predicts the likelihood of obtaining one of two outcomes given a set of inputs. It summarizes the number of tries where each trial has the equal chance of producing the same result.

The formula for Binomial Distribution is given by

P ( x ) = [ n! / ( n - x )! x! ] pˣqⁿ⁻ˣ  

where

n = number of trials

x = number of successes

p = probability of getting a success in one trial

q = probability of getting a failure in one trial

q = 1 - p

Given data ,

Let the probability that you will have to deal with no more than 4 incidents be P ( x ≤ 4 )

Now , the success is one of your customers once every 9 weeks

So , p = 1/9

q = 1 - p = 8/9

x = 4

Number of trials n = 52 weeks

And , the probability that you will have to deal with no more than 4 incidents be P ( x ≤ 4 ) is

P ( x ≤ 4 ) = [ n! / ( n - x )! x! ] pˣqⁿ⁻ˣ  

Substituting the values in the equation , we get

P ( x ≤ 4 ) = [ 52! / ( 48 )! 4! ] ( 1/9 )⁴( 8/9 )⁴⁸

On simplifying the equation , we get

P ( x ≤ 4 ) = 0.3008

P ( x ≤ 4 ) = 30.08 %

Therefore , the value of P ( x ≤ 4 ) is 30.08 %

Hence , the probability of no more than 4 incidents is 30.08 %

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Triangle has vertices A(-1, 3), B(-2, 1), and C(0, 4). If the triangle is reflected over the y-axis, what are the coordinates of A'?

Answers

Answer: A’ (1, 3)

Step-by-step explanation:

Reflecting in the y-axis will only reverse the x values

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