Mathematics, 05.02.2021 23:10, aprilkenedy12
Bill is a financial manager. He writes the equation A=2500(1.36)t to find out how much it will cost his company for a one-year loan of $2500 if the 36% APR is compounded only once.
Which answer shows how the equation can be rewritten to find the interest rate that would cost Bill's company the same amount if it were compounded quarterly?
A. A≈2500(1.36)4t APR≈36%
B. A≈2500(1.0799)4t APR≈31.96%
C. A≈2500(1.0799)4t APR≈7.99%
D. A≈2500(0.34)4t APR≈34%
Answers: 2
Mathematics, 21.06.2019 14:00, janetshirinyan
Which of the following is the missing term, a2, of the geometric sequence in which a1=2 and a3=200
Answers: 2
Mathematics, 21.06.2019 20:30, officialgraciela67
William invested $5000 in an account that earns 3.8% interest, compounded annually. the formula for compound interest is a(t) = p(1 + i)t. how much did william have in the account after 6 years? (apex)
Answers: 2
Bill is a financial manager. He writes the equation A=2500(1.36)t to find out how much it will cost...
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