chjam265
26.07.2019 •
Mathematics
Rule that allows financial institutions to calculate simple interest using 360 days in a year is called
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Ответ:
Explanation:
According to Banker's rule, we take EXACT number of days to find the simple interest. For example, let's say we have the principle amount $100 with 5% interest rate, we use the following formula to find the simple interest using Banker's rule:
SI = P * I * (t/360)
Where SI = Simple interest
P = Principle amount = $100
t = Exact days = 360 (in this case)
I = interest = 5% = 0.05
SI = $5 (after plugging in the values)
Hence total amount = $100 + $5 = $105 (after 360 days)
The correct answer is Banker's rule!
Ответ:
The following numbers -1.2 and 26 must represent something from the statement "The relationship between antioxidant food consumption per day in cups and the BMI"
y means the amount of BMI
x means the amount of cups
Finally "+26" must mean how many more cups to change the amount of BMI / representing y.
Note:
Message to Bharbie : Feel free to give me the Brainiest answer.
Message to Others: Feel free to use this for your homework assignment as long as you either cite me, and/or reword this.
Step-by-step explanation: