subject
Mathematics, 10.02.2021 22:20 xmanavongrove55

Given the equation A=250(1.1)t, you can determine that the interest is compounded annually and the interest rate is 10%. Suppose the interest rate were to change to being compounded quarterly. Rewrite the equation to find the new interest rate that would keep A and P the same. What is the approximate new interest rate?

Convert your answer to a percentage, round it to the nearest tenth, and enter it in the space provided, like this: 42.53%

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 21:30, billydeck30
Amachine part consists of a half sphere and a cylinder, as shown in the figure. the total volume of the part is π cubic inches.
Answers: 1
image
Mathematics, 21.06.2019 23:30, ksawyer745
Select the correct answer and solve for y
Answers: 2
image
Mathematics, 22.06.2019 01:30, iBrain
Problem number 26 of the rhind papyrus says: find a quantity such that when it is added to of itself the result is a 15. the modern day equation that models this problem is x + x = 15. what is the solution to the equation? x = 10 x = 12 x = 15 x = 30
Answers: 1
image
Mathematics, 22.06.2019 02:30, aboatright7410
Witch sequence shows a pattern where each term is 1.5 times the previous term
Answers: 3
You know the right answer?
Given the equation A=250(1.1)t, you can determine that the interest is compounded annually and the i...

Questions in other subjects: