<span>In order for you to be able to determine on which is the best effective interest rate, we need to compute each interest and see on how much would it accrue after it matures. The formula to use is the compound interest formula which is A=P(1+r/n)^nt, wherein A is the amount of due including the interest, P as the principal, r as the interest rate, n as the number of times it would be compounded per year and t as the number of years it would be loaned. To reassign the formula with each given interest rate, and assuming that the amount to be loaned would be 1,000 and the number of years it would be loaned will be 5 years, the amount due after 5 years for the 8.254% compounded daily will be 1,510.82, for the 8.474% compounded weekly will be 1,527.03, for the 8.533% compounded monthly will be 1,529.80, for the 8.604% compounded yearly will be 1,510.88. The best effective interest rate offer would be the 8.254% compounded daily.</span><span />
The empirical rule says 68% of the distribution should fall within one standard deviation of the mean, so you should expect salaries between
and
Answer:
Four
Step-by-step explanation:
1. $3.10 divide by 5 = $0.62
2. $0.62 multiply by 4 = $2.48
So Levi bought 4 oranges
Given:
4/5 as many students who do not wear glasses as those who wear glasses.
60 students wear glasses.
Find the total number of students in the grade.
60 * 4/5 = (60 * 4)/5 = 240 / 5 = 48 students who do not wear glasses.
60 w/ glasses + 48 w/o glasses = 108 total number of students.
