Find the effective annual interest rate for the given nominal annual interest rate. Round your answers to the nearest 0.01%.5% compounded quarterly
A. 5.12%
B. 5.00%
C. 5.09%
D. 5.06%
Answer: C
You might also like to view...
Provide the requested approximation and answer with a complete sentence.A publishing company sold 27,265,591 books in 2000. Round the number of books sold to the nearest ten million.
A. The number of books sold was approximately 30,000,000. B. The number of books sold was approximately 27,000,000. C. The number of books sold was approximately 20,000,000. D. The number of books sold was approximately 27,270,000.
At one high school, the mean time for running the 100-yard dash is with a standard deviation of 0.9 seconds. The times are normally distributed.Find the percent of times that are between 15.2 and 16.1 seconds.
A. 34% B. 50% C. 68% D. 13.5%
Solve and graph the inequality. Give answer in interval notation.0 < -3x ? 12
A. [-4, 0]
B. [-4, 0)
C. (0, 4]
D. [0, 4)
Perform the indicated operations.(-4x2 - 6) - (-x3 + 9x2 - 7)
A. -3x3 + 9x2 + 1 B. -3x3 + 3x2 + 7 C. x3 + 5x2 - 13 D. x3 - 13x2 + 1