savannahckatz
15.04.2020 •
Mathematics
Bill is a financial manager. He writes the equation A=2500(1.36)t to find out how much it will cost his company for a one-year loan of $2500 if the 36% APR is compounded only once.
Which answer shows how the equation can be rewritten to find the interest rate that would cost Bill's company the same amount if it were compounded quarterly?
A≈2500(1.0799)4t APR≈31.96%
A≈2500(1.36)4t APR≈36%
A≈2500(0.34)4t APR≈34%
A≈2500(1.0799)4t APR≈7.99%
Solved
Show answers
More tips
- O Other Discovering the Funniest Joke Ever Told...
- F Food and Cooking How to Make Napoleon Cake: A Step-by-Step Guide...
- F Food and Cooking From Latte to Espresso: Which Coffee Drink is the Most Popular on Earth?...
- C Computers and Internet How to Set Up Internet on iPhone? Detailed Guide with Step-by-Step Instructions...
- F Family and Home How to Teach Your Child to Speak: Tips and Recommendations...
- P Philosophy Agnosticism: Opinion or Belief?...
- S Style and Beauty How to choose the best mascara for your eyelashes...
- F Food and Cooking Discover Delicious Recipes You Can Make with Ground Meat...
- C Computers and Internet Google Search Tips and Tricks: Everything You Need to Know...
- S Science and Technology Why is there no gravity on other planets?...
Answers on questions: Mathematics
- M Mathematics Choose that inequality that represents the following graph...
- M Mathematics The two-way frequency table shows the number of stores in two different cities. What is the percentage of retail stores in City A? A. 31% B. 53% C. 57% D. 100%...
- M Mathematics I NEED HELP ASAP WILL MARK BRAINLIEST...
- M Mathematics You want to charge for your lawn mowing service. You decide to charge $10 to mow the lawn plus $5 per hour it takes to mow it. Write an equation that you can use to...
- M Mathematics I have to match them, help meee...
- M Mathematics Solve for slope. (-2,7) (-1,6)...
- M Mathematics Question 11 (Multiple Choice Worth 1 points) (05.05 MC) The length of a rectangle is shown below: On a coordinate grid from negative 6 to positive 6 on the x-axis and...
- M Mathematics 5. (02.02 MC) What set of reflections would carTy rectangle ABCD onto itself? (1 point)(a)Y-axis, X-axis, y-axls, X-axis(b)X-axis, y=x, Y-axis, x-axis(c)X-axis, y-axis,...
- M Mathematics HELP PLS PLS PLS PLS (6th GRADE HOMEWORK)...
- M Mathematics Please Helppp : A crew of highway workers paved 1/2 mile in 1/4 hour. If they work at the same rate, how much will they pave in one hour?...
Ответ:
Drink = y
Equation 1. 4x+3y = 59.50
Equation 2. 2x+y=27.50
of the first equation: 3y = 59.50 - 4x
y = 59.5/3 - 4/3x
second equation:
2x+y=27.50
2x+(59.5/3 - 4/3x)=27.50
2x + 59.5/3 - 4/3x=27.50
2x - 4/3x = 27.50 - (59.5/3)
2/3x = 7 and 2/3
7 and 2/3 divided by 2/3 = x
x = 11.5 ish