Calculate the effective rate for 4.4% interest compounded monthly. Round to the nearest hundredth of a percent.
A. 4.6%
B. 4.30%
C. 4.1%
D. 4.49%
E. none of these
Answer: D
You might also like to view...
Solve the problem.Suppose a new business makes a profit of $4000 in its first year, and its profit increases by 18% in each succeeding year. How much total profit did it earn in its first 6 years? Round your answer to the nearest cent.
A. $28,616.84 B. $38,731.81 C. $48,566.09 D. $37,767.87
Simplify the expression. Express the answer so that all exponents are positive. Whenever an exponent is 0 or negative, we assume that the base is not 0.(x-5y5)-2z3
A.
B.
C.
D.
Write the decimal in words.5.4
A. Five and four tenths B. Five and four millionths C. Five and four thousandths D. Five and four hundredths
The table lists the values of the functions f and g and their derivatives at several points. Use the table to find the indicated derivative.Find Dx(g[f(x)]) at x = 2.
A. 4 B. -3 C. 9 D. -12