If the nominal rate of interest is 10% per annum and there is quarterly compounding, the effective rate of interest will be: a) 10% per annum b) 10.10 per annum c) 10.25%per annum d) 10.38% per annum​

Answers

Answer 1

9514 1404 393

Answer:

  d) 10.38%

Step-by-step explanation:

The multiplier for four quarters of quarterly compounding is ...

  (1 +10%/4)^4 = 1.025^4 = 1.103812890625

This is about 1 + 10.38%.

The effective rate of interest is about 10.38% per annum.


Related Questions

Yemi earns 8000naira a month and Bisi earns 6000naira a month. Find the ratio between their income.​

Answers

Answer:

8:6

or

4:3

Step-by-step explanation:

a store sign reads "Take 75% of the original price when you take an additional 15% off the sale price, which is 60% off the original price." Is the stores sign accurate?

Answers

Answer:

The new price is 66% off the original not 75% off

Step-by-step explanation:

Let x be the original price

First take 60 percent off

x - x*60% = new price

x- .60x = .40x

The new price is .40x

Then take 15 % off

(.40x) - (.40x)*15%

.40x - .40x*.15

.40x - .06x

.34x

100 -.34 =.66

The new price is 66% off the original not 75% off

HELP ME OUT ASAPPP PLSSS

Answers

Answer:

https://linksharing.samsungcloud.com/ul5cX9oOmhzt

find the probability of rolling a sum of a three first and then a sum of nine when a pair of dice is rolled twice

Answers

Answer:

Step-by-step explanation:

favorable events for a sum of 3 are 12,21

P(sum 3)=2/36=1/18

favorable events for a sum of 9 are 36,63,45,54

P(sum of 9)=9/36=1/4

Please find this answer!! :)

Answers

Answer:

Amanda's box is in this case, the bigger one. Then subtract the Amanda's by Mary's. The Larger box is 70cm^3 larger then the smaller box.

Step-by-step explanation:

Amanda's box: 13.5*10*10= 1350cm^3

Mary's box: 20*8*8= 1280cm^3

1350-1280=70

The larger box is 70cm^3 larger then the smaller box.

If you have any questions regarding my answer tell me in the comments, i will come answer them. Have a good day.

-1/5y+7=7
What is the value of y?

Answers

The answer is y=0

See the attached photo for details

Hope this helps! Please make me the brainliest, it’s not necessary but appreciated, I put a lot of effort and research into my answers. Have a good day, stay safe and stay healthy.

find the solution to the system of equations.
y= -7x + 3

y= -x - 3

Answers

Answer:

x = 1       y = -4

Step-by-step explanation:

-7x + 3 = -x - 3

-7x = -x - 6

-6x = -6

x = 1

y = - (1) - 3

y = -1 - 3

y = -4

True or false? The polynomial 3xy + 4z - 8 is a trinomial.

Answers

Answer:

False is the answer.

Step-by-step explanation:

answer is False.

Answer:

True.

Step-by-step explanation:

A trinomial is an algebraic expression consisting of 3 terms. The terms in this instance are: 3xy, 4z, and -8.

The acute angle of the right angle triangle are in the ratio of 4:5​

Answers

Answer:

Since the triangle is a right angled triangle, one of the angles is 90°. In the right angled triangle, the acute angles are in the ratio 4:5. Let the measures of the acute angles of the triangle in degrees be 4k and 5k, where k is a constant.

Step-by-step explanation:

hope it helps.

Answer:

40and50

Step-by-step explanation:

let the acute angles be 4x and 5x then,

4x+5x+90=180 [sum of all angles of a right angled triangle]

or,9x=180-90

or,x=90/9

x=10

4x=4×10=40

5x=5×10=50

Find the missing side round your answer to the nearest tenth

Answers

Answer:

x=13.2

Step-by-step explanation:

cos(43)=x/18

x=18×cos(43)

x=13.2

Answered by GAUTHMATH

Write an inequality, in slope-intercept form, for the graph below. If necessary,
use *<=' for sor">=' for .
(0,4)
(2.0)

Answers

Answer:

y<=(-2x+4)

Step-by-step explanation:

The equation of line is y=-2x+4. For the region left of it, y<=(-2x+4)

Of the travelers arriving at a small airport, 60% fly on major airlines, 20% fly on privately owned planes, and the remainder fly on commercially owned planes not belonging to a major airline. Of those traveling on major airlines, 50% are traveling for business reasons, whereas 70% of those arriving on private planes and 80% of those arriving on other commercially owned planes are traveling for business reasons. Suppose that we randomly select one person arriving at this airport.

What is the probability that the person
a. is traveling on business?
b. is traveling for business on a privately owned plane?
c. arrived on a privately owned plane, given that the person is traveling for business reasons?
d. is traveling on business, given that the person is flying on a commercially owned plane?

Answers

Answer:

a) 0.55 = 55% probability that the person is traveling on business

b) 0.14 = 14% probability that the person is traveling for business on a privately owned plane.

c) 0.2545 = 25.45% probability that the person arrived on a privately owned plane, given that the person is traveling for business reasons.

d) 0.2 = 20% probability that the person is traveling on business, given that the person is flying on a commercially owned plane.

Step-by-step explanation:

Conditional Probability

We use the conditional probability formula to solve this question. It is

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)}[/tex]

In which

P(B|A) is the probability of event B happening, given that A happened.

[tex]P(A \cap B)[/tex] is the probability of both A and B happening.

P(A) is the probability of A happening.

Question a:

50% of 60%(major airlines)

70% of 20%(privately owned airplanes)

80% of 100 - (60+20) = 20%(comercially owned airplanes). So

[tex]p = 0.5*0.5 + 0.7*0.2 + 0.8*0.2 = 0.55[/tex]

0.55 = 55% probability that the person is traveling on business.

Question b:

70% of 20%, so:

[tex]p = 0.7*0.2 = 0.14[/tex]

0.14 = 14% probability that the person is traveling for business on a privately owned plane.

Question c:

Event A: Traveling for business reasons.

Event B: Privately owned plane.

0.55 = 55% probability that the person is traveling on business.

This means that [tex]P(A) = 0.55[/tex]

0.14 = 14% probability that the person is traveling for business on a privately owned plane.

This means that [tex]P(A \cap B) = 0.14[/tex]

Desired probability:

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.14}{0.55} = 0.2545[/tex]

0.2545 = 25.45% probability that the person arrived on a privately owned plane, given that the person is traveling for business reasons.

Question d:

Event A: Commercially owned plane.

Event B: Business

80% of those arriving on other commercially owned planes are traveling for business reasons.

This means that:

[tex]P(B|A) = 0.2[/tex]

0.2 = 20% probability that the person is traveling on business, given that the person is flying on a commercially owned plane.

How much state tax is withheld from $36,200 if the tax rate is 4%?

Answers

Answer:

$1448

Step-by-step explanation:

Tax=rate*amount=(4/100)*36200=1448

A circular fence is being placed to surround a tree. The diameter of the
fence is 4 feet. How much fencing is used? *

Answers

Answer:

12.6 ft

Step-by-step explanation:

how do you change a hot air baloon descends 200 feet per minute from a altitude of 1000 feet into a algebraic expression.

Answers

y = 1000-200x where x is the number of minutes and y is the altitude of the balloon

The distribution of SAT scores is approximately normal with a mean of 1500.
If 1628 is the 90th percentile, what is the standard deviation?

Answers

Answer:

Hello,

Answer

[tex]\sigma=457,95...[/tex]

Step-by-step explanation:

p(z<a)=0.9

p(z<1.29)=0.9015

p(z<1.28)=0.8997

using linear interpolation: with 4 decimals

p(z<1.282)<0.9

[tex]\dfrac{1628-1500}{\sigma} =1.282\\\\\sigma =\dfrac{1628-1500}{1.282}\\\\\sigma=457,95...\\[/tex]

6x + 7y = 4x + 4y
Complete the missing value in the solution to the equation.
( ?,-4)

Answers

Hi there!  

»»————- ★ ————-««

I believe your answer is:  

(6, -4)

[tex]x = 6[/tex]

»»————- ★ ————-««  

Here’s why:  

⸻⸻⸻⸻

We would need to solve for 'x'. We are already given the 'y' value of '-4', so we would need to substitute y for '-4', and then undo operations to isolate 'x'.

⸻⸻⸻⸻

[tex]\rightarrow 6x + 7(-4) =4x + 4(-4)\\\\\rightarrow 6x - 28 = 4x - 16\\\\\rightarrow 6x - 28 + 28 = 4x - 16 + 28\\\\\rightarrow 6x = 4x + 12\\\\\rightarrow 6x - 4x = 4x - 4x + 12\\\\\rightarrow 2x = 12\\\\\rightarrow \frac{2x=12}{2}\\\\\rightarrow \boxed{x = 6}[/tex]

⸻⸻⸻⸻

The '6' would replace the question mark.

»»————- ★ ————-««  

Hope this helps you. I apologize if it’s incorrect.  

A line is perpendicular to the line y = 4x - 3 and has x-intercept (2,0). Which of the following is an equation of the line?

Answers

Answer:

y = -1/4x+1/2

Step-by-step explanation:

y = 4x - 3

This is in slope intercept form, y = mx+b where the slope is m

The slope is 4

Perpendicular lines have slopes that are negative reciprocals

-1/4 is the slope of the perpendicular line

y = -1/4x+b

Using the point (2,0)

0 = -1/4(2)+b

0 = -1/2+b

b = 1/2

y = -1/4x+1/2

According to the video, this career offers a good opportunity to do what?
O supervise other workers
O learn an employer's business
Obecome physically fit
Obuild friendships with customers

Answers

Answer:

The correct answer is "learn an employers business"

Step-by-step explanation:

Supervising other workers isn't their job

Becoming physically fit wouldn't help them with that job

Building friendships with customers isn't part of the job

According to the video, this career offers a good opportunity to learn an employer's business. Therefore, the correct option is option B.

What is career?

There are two definitions of a career. It's common to use the word "career" to describe a profession, occupation, trade, or vocation. The work you perform for a livelihood is defined by your job, which can range from occupations requiring substantial education and training to ones that can be performed using a high school certificate and then a desire to gain knowledge.

Work as a doctor, attorney, teacher, carpenter, veterinarian assistant, electrician, cashier, instructor, or hairstylist is an example of a career. According to the video, this career offers a good opportunity to learn an employer's business.

Therefore, the correct option is option B.

To know more about career, here:

https://brainly.com/question/30104104

#SPJ6

Please help urgently

Answers

Answer:

Explanation:

Prove that triangle PQS is congruent to triangle RSQ

PS = QR (given)
PQ = RS (given)
Angle PQS = Angle QSA

Therefore, triangle PQS and triangle QSA is congruent (SAS).

2. Mandla spent one quarter of his pocket money on sweets. a. What fraction does he have left? b. If he had R40 pocket money, how much did he spend?​

Answers

Answer:

a. 3/4 of pocket money left

b. R10

Step-by-step explanation:

a. 4/4 - 1/4 = 3/4

b. 40/4 = 10 = 1/4 of pocket money

(a). The fraction of pocket money left is 3/4

(b). If he had R40 pocket money, he spend R10.

What is the Ratio?

The ratio is defined as a relationship between two quantities, it is expressed one divided by the other.

What are Arithmetic operations?

Arithmetic operations can also be specified by the subtract, divide, and multiply built-in functions.

The operator that perform arithmetic operation are called arithmetic operators .

Operators which let do basic mathematical calculation

+ Addition operation : Adds values on either side of the operator.

For example 4 + 2 = 6

- Subtraction operation : Subtracts right hand operand from left hand operand.

for example 4 -2 = 2

* Multiplication operation : Multiplies values on either side of the operator

For example 4*2 = 8

Mandla spent one-quarter of his pocket money on sweets

Let x be the total amount of pocket money Mandla had originally

Solution of (a).

⇒ x - (1/4)x

⇒ (3/4)x

The fraction of pocket money left = 3/4

Solution of (b).

1/4 of pocket money

⇒ (1/4)x

⇒ (1/4)40

10

Learn more about Ratio here:

brainly.com/question/1504221

#SPJ2

Margaret drives 188 miles
with 8 gallons of gas. Find the unit rate

Answers

The unit rate will be "23.5 miles/gallon". In the below segment, a further solution to the given question is provided.

Given values in the question are:

Total distance,

= 188 miles

Total gas used,

= 8

Now,

⇒ The rate of gas consumption will be:

= [tex]\frac{Total \ distance}{Total \ gas \ used}[/tex]

By putting the given values in the above formula, we get

= [tex]\frac{188}{8}[/tex]

= [tex]23.5 \ miles/gallon[/tex]

Thus the above is the appropriate solution.

Learn more about gas consumption here:

https://brainly.com/question/17321062

If a=120° , find the measure of angles b, c and d.
Explain your reasoning.

Answers

Answer:

b=120°

c=60°

d=60°

SEE THE IMAGE FOR SOLUTION


prove it using mathematical induction

Answers

Answer:

Mathematical induction can be used to prove that an identity is valid for all integers n≥1. Here is a typical example of such an identity: 1+2+3+⋯+n=n(n+1)2. More generally, we can use mathematical induction to prove that a propositional function P(n) is true for all integers n≥1.

Step-by-step explanation:

I'd really appreciate a brainleast please:)

what us 10 to the power of two​

Answers

the answer is

10² ( ten square )

step by step :

10² = 10 × 10

= 100

Answer: 100

Step-by-step explanation: 10*10=100

what fraction of 1 day is 48 minutes​

Answers

Answer:

48 ÷ 60 = 4/5

Step-by-step explanation:

4/5 is the answer

Answer:

[tex]\frac{1}{30}[/tex]

Step-by-step explanation:

We require the number of minutes in a day.

i hour = 60 minutes

24 hours = 24 × 60 = 1440 minutes ( 24 hours in 1 day )

Then

fraction = [tex]\frac{48}{1440}[/tex] ( divide numerator/ denominator by 12 )

            = [tex]\frac{4}{120}[/tex] ( divide numerator/ denominator by 4 )

            = [tex]\frac{1}{30}[/tex]

Tina invests $3,700 into an account with a 4.4% interest that is compounded quarterly. How much money will she have in
this account if she keeps it for 8 years?
Round your answer to the nearest cent.
Do NOT round until you have calculated the final answer.

Answers

Answer:

bacoot anjing

lo siapa hah kan bisa jawab sendiri sok sok minta bantuuuu

Step-by-step explanation:

maluiiin

Answer:

$5250.96

Step-by-step explanation:

Future value= Present value(1+r)^n

=3700(1+0.011)^32

r=4.4÷100÷4

n=8×4

Algebra 2, please help! thank you
The function y = 2 cos 3(x + 2π∕3) +1 has a phase shift (or horizontal shift) of

A) –2π∕3
B) 3
C) 1
D) 2

Answers

Answer:

-2pi/3

Step-by-step explanation:

y = 2 cos 3(x + 2π∕3) +1

y = A sin(B(x + C)) + D  

amplitude is A

period is 2π/B

phase shift is C (positive is to the left)

vertical shift is D

We have a shift to the left of 2 pi /3

Answer:

A

Step-by-step explanation:

The standard cosine function has the form:

[tex]\displaystyle y = a\cos (b(x-c)) + d[/tex]

Where |a| is the amplitude, 2π / b is the period, c is the phase shift, and d is the vertical shift.

We have the function:

[tex]\displaystyle y = 2 \cos 3\left(x + \frac{2\pi}{3}\right) + 1[/tex]

We can rewrite this as:

[tex]\displaystyle y = \left(2\right)\cos 3\left(x - \left(-\frac{2\pi}{3}\right)\right) + 1[/tex]

Therefore, a = 2, b = 3, c = -2π/3, and d = 1.

Our phase shift is represented by c. Thus, the phase shift is -2π/3.

Our answer is A.

1/10 + 3/5
ANSWER QUICK PLS FIRST ANSWER GETS BRAINLIEST

Answers

3/5 is equal to 6/10 - always find a common denominator
So then you can easily add 1/10+6/10 which equals 7/10

Assume a researcher wants to compare the mean Alanine Aminotransferase (ALT) levels in two populations, individuals who drink alcohol and individuals who do not drink alcohol. The mean ALT levels for the individuals who do not drink alcohol is 32 with a standard deviation of 14, and 37 individuals were in the sample. The mean ALT levels for individuals who drink alcohol is 69 with a standard deviation of 19, and 38 individuals were in the sample. Construct and interpret a 95% confidence interval demonstrating the difference in means for those individuals who drink alcohol when compared to those who do not drink alcohol.
a. The researchers are 95% confident that the true mean difference in ALT values between the population of drinkers and population of non-drinkers is between 24.22 and 39.78.
b. The researchers are 95% confident that the true mean difference in ALT values between the population of drinkers and population of non-drinkers is between 24.33 and 39.67
c. The researchers are 95% confident that the true mean difference in ALT values between the population of drinkers and population of non-drinkers is between 24.32 and 39.68.
d. The researchers are 95% confident that the true mean difference in ALT values between the population of drinkers and population of non-drinkers is between 24.41 and 39.59.

Answers

Answer:

c. The researchers are 95% confident that the true mean difference in ALT values between the population of drinkers and population of non-drinkers is between 24.32 and 39.68.

Step-by-step explanation:

Given :

Groups:

x1 = 69 ; s1 = 19 ; n1 = 38

x2 = 32 ; s2 = 14 ; n2 = 37

1 - α = 1 - 0.95 = 0.05

Using a confidence interval calculator to save computation time, kindly plug the values into the calculator :

The confidence interval obtained is :

(24.32 ; 39.68) ; This means that we are 95% confident that the true mean difference in ALT values between the two population lies between

(24.32 ; 39.68) .

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