bballerdunker2oxxf1o bballerdunker2oxxf1o

16-10-2017
Mathematics

contestada

jeff rakhnovich buys a 500000 t-bill at 2.5% discount for 36 weeks find the effective interest rate of APR assume 52 weeks per year

Respuesta :

Kalahira Kalahira

25-10-2017

This is solved as follows: $500,000* ((.025 * 36/52)+ 1)^-1 = $491,493.38 The effective interest APR is simply the bracketed term above which when evaluated will yield %1.73.

Answer Link

Otras preguntas

What are the lengths of line segments AB and BC? Figure ABCD is a parallelogram. A 3y - 2 B AB = 4; BC = 16 AB = 4; BC = 8 AB = 10; BC = 20 AB = 10; BC = 28 2x

2x-2y=-10 In slope intercept form

. An admissions officer has determined that the population of applicants to the MBA program has undergraduate GPAâ€™s that are approximately normally distribute

How many twelfths are in each 1/3 section of Tyrone's rectangle? How many twelfths are in each 1/4 section of sally's rectangle?

why is understanding science the first step in engineering

write an equation of the line that has slope of -2/3 and passes through the point 6,2

Karen earns $40,000 a year. What is her monthly income she can use for budgeting?

"Miller made a contract to sell his condominium to Jefferson for $80,000." Two days later Miller changed his mind after discovering that he could have sold the

What is the value of the 11th term in the following geometric sequence? -5, -10, -20, -40

What are the three parts of a Function (Choose all 3) Return Name Parameters Void Vector3