Mathematics, 16.04.2020 00:34, ben5445
A swim school is expanding and needs to take out a one-year, $55,000 loan for a new lap pool. Bank A says it can give the swim school a 25% annual interest rate compounded once. This is represented with the equation A=55,000(1.25)t. A = 55,000 ( 1.25 ) t . Bank B says it can offer the swim school a semi-annual interest rate that will be compounded twice. In order for the loan at Bank B to cost the swim school the same amount, what APR would Bank B need to offer?
Answers: 3
Mathematics, 21.06.2019 17:00, jaejaeJae9534
Rectangle leg this 11feet and perimeter of 38feet what is the width of the rectangle in feet
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Mathematics, 21.06.2019 22:10, willisanthony7815
Acompany manufactures three types of cabinets. it makes 110 cabinets each week. in the first week, the sum of the number of type-1 cabinets and twice the number of type-2 cabinets produced was 10 more than the number of type-3 cabinets produced. the next week, the number of type-1 cabinets produced was three times more than in the first week, no type-2 cabinets were produced, and the number of type-3 cabinets produced was the same as in the previous week.
Answers: 1
A swim school is expanding and needs to take out a one-year, $55,000 loan for a new lap pool. Bank A...
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