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Stolb23 [73]
2 years ago
8

Anna’s bank gives her a loan with a stated interest rate of 10.22%. How much greater will Anna’s effective interest rate be if t

he interest is compounded daily, rather than compounded monthly?
Mathematics
1 answer:
nata0808 [166]2 years ago
8 0
If the interest rate is compounded daily, we have the effective interest rate calculated as:
r = (1 + 0.1022/30)^30 -1
r = 0.1074 or 10.74%

Therefore, the effective interest rate if the compounded daily rather than monthly is 10.74-10.22 = 0.52 points higher.

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If g = 77 cm and h = 85 cm, what is the length of f? My formula is a Right-Triangle.
Sedbober [7]
If we are looking for the hypotenuse the answer is, 114.69. If the h is the hypotenuse then you would have 36 for leg b. 
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In the continental United States,the ratio of states that border an ocean is 7:9 .How many of the states border an ocean?
Delvig [45]
So, there are 48 states, let's divide them into 16 groups  (because 7+9=16)


48/16=3

so that means there are 16 groups of 3 states.

and those groups are in a ratio of 7:9, seven to 9 groups.

I assume that the 7 refers to the states that border an ocean, then the number of states will be 7*3=21

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Henri has $24,000 invested in stocks and bonds. The amount in stocks is $6,000 more than three times the amount in bonds. Call t
makvit [3.9K]

Answer:

The solve of that problem is that Hernry invested $18.000 in stocks and $6.000 in bonds.

Step-by-step explanation:

First, to explain you have to do a multiplication about 6 on three. Like three times more than bonds, the result is 18. Then you have to do a  subtraction on $24.000 less $18.000, and the result is $6.000, so six is the amount on bonds. And is three times less than stocks, like the questions ask.

4 0
2 years ago
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Which shows the correct substitution of the values a, b, and c from the equation 0 = – 3x2 – 2x + 6 into the quadratic formula?
lbvjy [14]

Answer:

x = StartFraction negative

(negative 2) plus or minus StartRoot (negative 2) squared minus 4 (negative 3)(6) EndRoot Over 2(negative 3) EndFraction

Step-by-step explanation:

0 = – 3x2 – 2x + 6

It can still be written as

– 3x2 – 2x + 6 =0

Quadratic formula=

-b+or-√b^2-4ac/2a

Where

a=-3

b=-2

c=6

x= -(-2)+ or-√(-2)^2-4(-3)(6)/2(-3)

x = StartFraction negative

(negative 2) plus or minus StartRoot (negative 2) squared minus 4 (negative 3)(6) EndRoot Over 2(negative 3) EndFraction

8 0
2 years ago
Supervisor: "Last week, you spoke with 800 customers in 40 hours."
algol13

Answer:12

Step-by-step explanation:

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2 years ago
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