Solve the problem.You have a choice of two accounts in which to invest your money for one year. Account A pays
simple interest rate and account B pays 2.5% interest compounded monthly. Compute the effective annual yield of account B and determine which account has the better rate.
A. The rates are the same.
B. There is not enough information to decide.
C. Account A
D. Account B
Answer: C
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Use the following table of values to estimate the value of at
. Round your answer to two decimal places.
?
x 1.6 3.7 7.2 11.8 6.6 12.4 21.5 32.6?
A. 2.60
B. 9.10
C. 0.00
D. None of the above
Provide an appropriate response. Find the rate when the portion is 27 and the base is 60.
A. 45% B. 162% C. 222% D. 61.7%
Perform the indicated operations and simplify the result. Leave the answer in factored form. +
A.
B.
C.
D.
Provide an appropriate response.The median of a data set is always/sometimes/never (select one) one of the data points in a set of data. Explain your answer with brief examples.
What will be an ideal response?