Mathematics, 23.11.2020 19:30, brattyshae
You’ve worked out a line of credit arrangement that allows you to borrow up to $45 million at any time. The interest rate is .53 percent per month. In addition, 4 percent of the amount that you borrow must be deposited in a non-interest-bearing account. Assume that your bank uses compound interest on its line of credit loans. a. What is the effective annual interest rate on this lending arrangement? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) b. Suppose you need $23 million today and you repay it in 6 months. How much interest will you pay? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
Answers: 3
Mathematics, 21.06.2019 14:10, shawnnoteman1234
What is the perimeter, p, of a rectangle that has a length of x + 8 and a width of y − 1? p = 2x + 2y + 18 p = 2x + 2y + 14 p = x + y − 9 p = x + y + 7
Answers: 3
Mathematics, 21.06.2019 17:10, sujeyribetanco2216
The average number of vehicles waiting in line to enter a parking lot can be modeled by the function f left parenthesis x right x squared over 2 left parenthesis 1 minus x right parenthesis endfraction , where x is a number between 0 and 1 known as the traffic intensity. find the rate of change of the number of vehicles waiting with respect to the traffic intensity for the intensities (a) xequals0.3 and (b) xequals0.6.
Answers: 1
Mathematics, 22.06.2019 02:00, elielson1497
Whoever gets this right gets the ! the half life of a soul smelling substance is 4 years. if you have 8 oz of this strange substance, how much of it will you have after 20 years? show work.
Answers: 1
You’ve worked out a line of credit arrangement that allows you to borrow up to $45 million at any ti...
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