When calculating a loan’s effective interest rate, if the nominal rate is 8.5%, what value of i do you plug into your equation? a. 8.5 b. 0.85 c. 0.085 d. 1.85 please select the best answer from the choices provided a b c d

Answers

Answer 1

The nominal interest rate to plug in will be 0.085.

What is interest rate?

An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.

Given to us, the nominal rate is 8.5%,

The value to plug into your equation,

The equation can be simple interest or compound interest in both cases the value of the nominal rate to the plugin will be the same.

Thus, the nominal rate is 8.5% can be written as

Nominal rate = 8.5%

                     = 85/100 = 0.085

Hence, the nominal rate to plug in will be 0.085.

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Related Questions

In right triangle abc with m/C=90°, m/B=75°, and AB = 12 cm. Find the area
of triangle ABC. No trig

Answers

The area of the Triangle ABC will be 18 cm²

In the question, It is given that ∠B = 75° and ΔABC is Right angeled at ∠C = 90° and AB = 12CM.

We know that the Area of Δ is defined by : [tex](\frac{1}{2} *b*h)[/tex]

In the picture below, we have base and height BC and AC respectively.

We don't have the values for AC and BC. So to find the values of Base & Height we will use Trigonometric Ratios.

We know Sin(∠) = Perpendicular/Hyoptenuse and,

Tan(∠) = Perpenciular/Base. Putting values into the respective ratios and taking ∠B = 75°, we get

=>  [tex]Sin(B) = \frac{AC}{BC} = > Sin(75) = \frac{AC}{12}[/tex]

=>  [tex]AC = 0.96 * 12 = > AC = 11.59[/tex]

Similarly, [tex]Tan(B) = \frac{AC}{BC} = > Tan(75) = \frac{11.59}{BC}[/tex]

=>  [tex]BC = \frac{11.59}{3.73} = > BC = 3.10[/tex]

Now, we have AC = 11.59cm and BC = 3.10cm putting these values in the Area of the Triangle we get :

Area = [tex]\frac{1}{2} *b*h[/tex]  => Area = [tex]\frac{1}{2}[/tex] * BC * AC

Area =  [tex]\frac{1}{2}[/tex] * 3.10 * 11.59  =>  Area = 18

Hence, we get the Area of Δ ABC = 18cm²

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Answer:

18

Step-by-step explanation:

What is the 4th term in the following expression?
-2 - 5x -7 - 9x

Answers

The value of the expression is -65.

How to compute the expression?

It should be noted that the function given is illustrated as:

-2 - 5x -7 - 9x

In this case, you've to put the value of x as 4.

This will be:

= -2 - 5x -7 - 9x

= -2 - 5(4) - 7 - 9(4)

= -2 - 20 - 7 - 36

= -65

Therefore, the value of the expression is -65.

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try these using the above pattern, find the value of the following. (i) 73 – 63 (ii) 123 – 113 (iii) 203 – 193 (iv) 513 – 503

Answers

The value of the given question by using the above pattern is (i)127, (ii)397, (iii)1141, (iv)7651.

What do you mean by pattern?

In the real world, in artificial design, or in abstract concepts, a pattern is a regularity. As a result, a pattern's components repeat in a predictable way. Any of the senses can directly witness patterns, which are types of patterns made of geometric shapes and frequently repeated like wallpaper designs. On the other hand, abstract patterns in science, math, or language might only be visible through analysis. In actuality, direct observation entails recognizing visual patterns, which are common in both nature and art. Natural visual patterns are frequently chaotic, hardly ever precisely repeat, and frequently contain fractals. Spirals, meanders, waves, foams, tilings, fissures, and patterns produced by rotational and reflective symmetries are examples of natural patterns.

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Grace has read 2 chapters in each of her 9 books. How many chapters has read in all

Answers

Answer:18

Step-by-step explanation:2*9=18 hope this helps

Answer:

18 chapters have been read in total.

Step-by-step explanation:

Wayne ate Takis everyday for n days. He ate 28 bags total.

Write an expression for how many bags of Takis Wayne ate each day.

I NEED AN ANSWER SOON!!!!

Answers

Since it’s you have to write an expression, shouldn’t it be 28 / n?

The expression for no. of bags of Takis Wayne ate each day is given by, b = 28/n.

What is an expression?

Expresssion are mathemaical ways of writing staments.There are many types of mathematical expressions some of them are :- Algebraic expressions, Logarithmic expressions, Trigonometric expressions and many more.

Here the no. of days is represented by 'n' and total no. of bags of akis he ate is 28.

Assuming Wayne ate 'b' bags of Takis everyday.

∴ No. of bags of Takis each day multiplied by no. of days is equal to total no. of bags of Takis he ate which is numerical form is,

b×n = 28.

So, The expression for no. of bags of Takis Wayne ate each day is ,

b = 28/n.

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3x + 4y = -23
2y - x = -19
What is the solution (x, y) to the system of equations
above?
A) (-5,-2)
B) (3, -8)
C) (4, -6)
D) (9,-6)

Answers

Answer:   Choice B)   (3, -8)

=======================================================

Explanation:

I'll use the substitution method.

Let's solve the second equation for x.

2y - x = -19

-x = -19-2y

x = 19+2y

Then plug that into the first equation

3x + 4y = -23

3( x ) + 4y = -23

3(19+2y)+4y = -23

3*19 + 3*2y + 4y = -23

57+6y+4y = -23

57+10y = -23

10y = -23-57

10y = -80

y = -80/10

y = -8

Use this y value to find x.

x = 19+2y

x = 19+2(-8)

x = 19-16

x = 3

---------------------------

Summary:

We found that x = 3 and y = -8

The ordered pair solution is therefore (x,y) = (3, -8)

Technically you could have stopped once reaching y = -8, since choice B is the only one that fits the description. But it helps to have practice.

Answer:

answer is B

Step-by-step explanation:

picture is upside down.

Suppose that both of the events you have just analyzed are partly responsible for the decrease in the price of hamburgers. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the decrease in the price of hamburgers?.

Answers

If there is an increase in the equilibrium quantity of hamburgers, the supply shift in the market must have been greater than the demand shift.

Assuming that all demand-shift factors remain constant, the hamburger demand curve illustrates the relationship between hamburger price and quantity required by consumers. The factors influencing how many hamburgers consumers desire to purchase at a particular price are known as demand determinants.

If the price of hamburgers increases, the demand curve will move from the previous price to the new price. However, if any of the demand-shift variables change, such as the cost of hot dogs, the cost of hamburger buns, or the income of hamburger consumers, the demand curve will alter.

Demand is where the demand curve is located. Demanded quantity is the volume that customers want to purchase.

The position of the supply curve is referred to as supply. The quantity of supplies you desire to sell is referred to as the quantity supply.

In this instance, an increase in supply will result in a fall in the equilibrium price and a movement all along the demand curve. The quantity demanded changes, while the demand curve does not.

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explain the process of finding the mean of a data set in your own words.

Answers

Answer:i hope this helps

Step-by-step explanation:add all the terms together and divide by the amount of terms given

can anyone help with

4x + 6 + 2x = 18

Answers

Answer:

x=2

Step-by-step explanation:

[tex]4x+2x+6=18 < - Start-by-grouping-the-like-terms![/tex]
[tex]6x+6=18 < - Then-add-the-similar-elements![/tex]
[tex]6x+6-6=18-6 < - Subtract-6-from-both-sides-and-simplify.[/tex]
[tex]6x=12[/tex]
[tex]\frac{6x}{6}=\frac{12}{6} < - Divide-both-sides-by-6-to-further-simplify![/tex]
[tex]x=2[/tex]
________________________________________________________
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What is the value of the expression 3 -4?

Answers

Answer:

-1

Step-by-step explanation:

3 - 4 = -1

When dealing with subtraction, you must be very careful with the order you place your numbers in. Let alone, subtraction is important in real-world situations, so just something to help. :)

______________________________

Wrapping up:

➲ Hope this helps.

➲ Notify me of any concerns, and I will address those concerns.

➲ Have a good day.

How many lines appear in a square

Answers

Answer: 4?

Step-by-step explanation:

Rewrite: [tex]15\frac{1}{6}[/tex]% as a decimal. Round to the nearest thousandths.

Answers

Answer:

15.17

Step-by-step explanation:

Multiply whole number by denominatorAdd product to the numeratorDivide the sum by the denominatorRound your number to the neaests thousandth

Find the measure of the missing angles.
121°
20°
e
d
f

Answers

Answer: e=20° d=121° f=39°

Answer:

f=39°

e=20°

d=121°

Step-by-step explanation:

d=121°(vertically opposite angles are equal)

e=20°(vertically opposite angles are equal)

f=180°-(d+e)

=180-141

=39°

The inverse of f(x)=9x^2

Answers

Given function:

f(x) = 9x²

Let the inverse is y = f⁻¹(x).

Swap x and y in the given function and solve for y:

x = 9y²y² = x/9y = √(x/9)y = √x / 3

The inverse of the given function is:

f⁻¹(x) = √x / 3

Answer:

f-¹(x) = √(x)/3

Step-by-step explanation:

Now we have to,

→ find the inverse of f(x)=9x²

Then the inverse function will be,

→ f(x) = 9x²

→ y = 9x²

→ 9y² = x

→ y² = x/9

→ y = √(x/9)

→ [ y = √(x)/3 ]

Hence, the inverse is √(x)/3.

Find parametric equations that describe the intersection of the cone z=x^2+y^2 and the plane =2z

Answers

Answer:

hhrhrthrtht

Step-by-step explanation:

hlllppppp! brainliest to first
y = -2x + 18
y = 8

Solution for the above system?

brainliest to first!!!!!!!hlpppppp!!!!!!!!!!!

Answers

Answer:

x =5

Step-by-step explanation:

8 = -2x + 18  Subtract 18 from both sides

-10 = -2x  Divide both sides by -2

5 = x

An ice cream store recorded the flavors of its recent cone sales.
chocolate 10
cookie dough 6
mocha 20
vanilla 8
Considering this data, how many of the next 99 cones sold would you expect to have mocha ice cream?

Answers

are you really serious neow

What is the distance between -6 2/3 and 4 1/3 on a number line, in units?

Select ALL that apply.

Answers

The distance between the points = |-6 2/3 - 4 1/3| = |-20/3 - 13/3| = |-33/3| = |-11| = 11 units.

How to Find the Distance between Two Points on a Number Line?

The distance between two points on a number line is the absolute difference between their coordinates.

Given the following points are on a number line:

-6 2/3 and 4 1/3

The distance between the points = |-6 2/3 - 4 1/3|

The distance between the points = |-20/3 - 13/3|

The distance between the points = |(-20 - 13)/3|

The distance between the points = |-33/3| = |-11|

The distance between the points = 11 units.

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Select the correct answer. What is this expression in simplified form? 2√2-7√18 OA 18√5 OB. 84√2 OC. 84 OD. 14sqrt6​

Answers

The expression in simplified form is -19√2

How to write this expression in simplified form?

The expression is given as:

2√2 - 7√18


Express 18 as 9 * 2

So, we have:

2√2 - 7√18 = 2√2 - 7√(9 * 2)

Take the square root of 9

2√2 - 7√18 = 2√2 - 7 * 3√2

This gives

2√2 - 7√18 = 2√2 - 21√2

Evaluate the difference

2√2 - 7√18 = -19√2

Hence, the expression in simplified form is -19√2

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if the discounted price is 14 how much money dose one section represent

Answers

The price of one section represent  $2.

We will use the tape diagram to represent the sale price and regular price of the item.

We know that percentage is used to represent the fractions of a whole number.

Here, the regular price is the whole number, and the discount and discounted price represent the fractions.

The coupon she used is 30%, which means 30% off the regular price is the discounted price. We know that 30% + 70% = 100%. This means Mia paid 70% of the regular price for the backpack.

Refer to the attached image for the tape diagram.

By looking at the tape diagram attached, it is clear that 7 sections are used to show the discounted price.

If the discounted price is $14,

The price of one section = $14/7 =  $2

Therefore, the price of one section is $2.

⇒The regular price = 10 × price of one section = 10 × $2 = $20.

So, Peter needs to pay $20 to buy a similar backpack.

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Disclaimer:

The given question is incomplete.

Assume the following as the complete question.

Mia told Peter that her new backpack only cost $14 because she used a 30% off coupon when she bought it. Peter wants to buy a similar backpack. How much will it cost if he does not have a 30% off coupon?

If the cost of a bat and a baseball combined is $1.10 and the bat costs $1.00 more than the ball, how much is the ball?

Answers

Answer:

0.05

Step-by-step explanation:

Answer:

10 cents

Step-by-step explanation:

Well the bat and baseball is 1.10 simply subtract 1.00 from 1.10 and you have your answer!

Have an AMAZING day! :)

I NEED HELP FAST PLEASE‼️‼️

SIMPLIFY TO SIMPLEST FORM‼️

Answers

I think the answer is 9/32

Answer:

1/2

Step-by-step explanation:

-put 3/8 and 3/4 side-by-side.

-keep 3/8

-change the division sign to a multiplucation sign

-flip 3/4 to 4/3

-multiply

7. The top of a tree is 35 feet above ground level. The roots reach down 22 feet below ground
level. What is the difference between the top of the tree and the bottom of the roots?

Answers

Answer:

57?

Step-by-step explanation:

35-(-22)

2. Question
A car averages 32 mpg. Gas costs $1.97 per gallon. How much
would it cost to pay for the gas if this car made a trip of 866 miles?
O$37.51
O$13.73
0 $55.20
O$53.31
show
your
Work ↓

Answers

The cost for 866 miles will be $53.31.

How to calculate the cost?

The car car averages 32 mpg and gas costs $1.97 per gallon.

Therefore,. the cost for 866 miles will be:

= 866/32 × $1.97

= 27.0625 × $1.97

= $53.31

The cost is $53.31.

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I don't get this, I would be happy if someone helped me.

Answers

Answer:

Step-by-step explanation:

(5/8 + 6/8)/(-4/6 - 5/6)

(11/8)/(-9/6)

(11/8)*(-6/9)

= -66/72 = -11/12

Answer:

11/12

Step-by-step explanation:

5/8 + 3/4 = 1 3/8

-2/3 - 5/6 = 1 1/2

1 3/8 divided by 1 1/2 = 11/12

Pls show steps on how u got the answer and thank u

Answers

Answer:

A=3

Step-by-step explanation:

-7a+28=7

subtract 28 from both sides to eliminate it from the first side

-7a=-21

Two negatives equals a positive

7a=21

divide both sides by 7

a=3

Ethan works in a department store selling clothing. He makes a guaranteed salary of $500 per week, but is paid a commision on top of his base salary equal to 25% of his total sales for the week. How much would Ethan make in a week in which he made $1250 in sales? How much would Ethan make in a week if he made xx dollars in sales?

Answers

Ethan makes in a week = $812.5

Given :

Total sales for the week = $1250

a guaranteed salary = $500

paid a commission on top of his base salary (Percentage commission) = 25%

Time and work problem:

Work Done = Time Taken × Rate of Work

Rate of Work = 1 / Time Taken

Time Taken = 1 / Rate of Work

If a piece of work is done in x number of days, then the work done in one day = 1/x

Total Wok Done = Number of Days × Efficiency

Efficiency and Time are inversely proportional to each other

X:y is the ratio of the number of men who are required to complete a piece of work, then the ratio of the time taken by them to complete the work will be y:x

Solution :

Amount of commission earned = 25% of $1250

= 25/100 × $1,250

= 0.25 × 1250

= $312.5

Total earnings = Base salary + Amount of commission earned

= $500 + $312.5

= $812.5

Ethan makes in a week = $812.5

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URGENT!! ILL GIVE BRAINLIEST! AND 100 POINTS

Answers

Answer:

x=17/99

Step-by-step explanation:

Lets break this problem down ^^

Let x= 0.171717...

100x = 17.1717...

100x=17.1717.. - x=0.171717...

99x=17

x= 17/99

Hope this helps!! ^^

the base of s is the triangular region with vertices (0, 0), (2, 0), and (0, 2). cross-sections perpendicular to the x-axis are squares.

Answers

I assume you want the volume of the shape with the given cross sections. In the [tex]x,y[/tex]-plane, the base is set

[tex]\left\{(x,y) ~:~ 0\le x\le 2 \text{ and } 0 \le y \le 2-x\right\}[/tex]

Each cross section is a square plate with side length [tex]2-x[/tex] (the vertical distance between the [tex]x[/tex]-axis and the line [tex]y=2-x[/tex]) and thickness [tex]\Delta x[/tex], hence volume [tex](2-x)^2\,\Delta x[/tex].

As [tex]\Delta x\to0[/tex] and the number of cross sections grows to infinity, the total volume of the plates converges to volume of the solid [tex]S[/tex], given by the definite integral

[tex]\displaystyle \int_0^2 (2-x)^2 \, dx = \int_0^2 x^2 \, dx = \frac{2^3-0^3}3 = \boxed{\frac83}[/tex]

(where we make the substitution [tex]2-x\mapsto x[/tex])

2. Cassie finishes softball practice at 3:52 p.m. after practicing for 30 minutes. What time did Cassie's
practice start?

Answers

Answer:

3:22!

Step-by-step explanation:

Answer:

3:22 p.m.

Step-by-step explanation:

30 minutes before 3:52 p.m.

think of hours and minutes separately for now

3hours

52 minutes

if you are trying to find the time 30 minutes before 3:52 subtract 30 from 52 then put your hours and minutes side by side with a colon (:) in between

3:22

Add a.m. if its after midnight and p.m. if it's after noon

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