Mathematics, 26.12.2019 21:31 SmokeyRN
Suppose your credit card issuer states that it charges a 24.00% nominal annual rate, but you must make monthly payments, which amounts to monthly compounding. what is the effective annual rate?
Answers: 2
Mathematics, 21.06.2019 18:50, trevionc0322
Which of the following values cannot be probabilities? 0.08, 5 divided by 3, startroot 2 endroot, negative 0.59, 1, 0, 1.44, 3 divided by 5 select all the values that cannot be probabilities. a. five thirds b. 1.44 c. 1 d. startroot 2 endroot e. three fifths f. 0.08 g. 0 h. negative 0.59
Answers: 2
Mathematics, 22.06.2019 04:10, firdausmohammed80
Which account has the highest effective annual interest rate? not necessary but show how you got your answer. a. account 1: interest is compounded quarterly at an annual rate of 4.20%.b. account 2: interest is compounded monthly at an annual rate of 4.15%.c. account 3: interest is compounded semiannually at an annual rate of 4.10%d. account 4: interest is compounded annually at a rate of 4.25%.
Answers: 1
Suppose your credit card issuer states that it charges a 24.00% nominal annual rate, but you must ma...
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