A bank quotes an interest rate as 0.06341 annual effective yield. What interest rate, compounded monthly, will provide that
annual effective interest rate? Round your answer to five decimal places and do not round any intermediate calculations to
less than seven decimal places.

Answers

Answer 1

9514 1404 393

Answer:

  0.06164

Step-by-step explanation:

The effective annual rate obtained by compounding nominal annual rate r monthly is ...

  eff rate = (1 +r/12)^12 -1

Then the value of r is ...

  r = 12×((eff rate) +1)^(1/12) -1)

For the given effective rate, that is ...

  r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate


Related Questions

What is the derivative of 5x^4+4?

Answers

Answer:

[tex]\displaystyle \frac{dy}{dx} = 20x^3[/tex]

General Formulas and Concepts:

Calculus

Differentiation

DerivativesDerivative Notation

Derivative Property [Multiplied Constant]:                                                           [tex]\displaystyle \frac{d}{dx} [cf(x)] = c \cdot f'(x)[/tex]

Derivative Property [Addition/Subtraction]:                                                         [tex]\displaystyle \frac{d}{dx}[f(x) + g(x)] = \frac{d}{dx}[f(x)] + \frac{d}{dx}[g(x)][/tex]  

Basic Power Rule:

f(x) = cxⁿf’(x) = c·nxⁿ⁻¹

Step-by-step explanation:

Step 1: Define

Identify

[tex]\displaystyle y = 5x^4 + 4[/tex]

Step 2: Differentiate

Derivative Property [Addition/Subtraction]:                                                 [tex]\displaystyle y' = \frac{d}{dx}[5x^4] + \frac{d}{dx}[4][/tex]Rewrite [Derivative Property - Multiplied Constant]:                                   [tex]\displaystyle y' = 5\frac{d}{dx}[x^4] + \frac{d}{dx}[4][/tex]Basic Power Rule:                                                                                         [tex]\displaystyle y' = 20x^3[/tex]

Topic: AP Calculus AB/BC (Calculus I/I + II)

Unit: Differentiation

Find the surface area of a can of fruit with a height of 8 cm and a diameter of 6 cm.

A.288
B.104.52
C.76.26
D.48

Answers

Answer:

D . 48

6*8=48

It would be right answer

Twice a number increased by the product of the number and fourteen results in forty eight

Answers

Answer:

Let x = the number. Then you have:

2x + 14x = 48 Collect like terms

16x = 48 Divide both sides by 16

x = 3

PLEASE MARK AS BRAINLIEST ANSWER

The number that satisfies the given statement is 3.

We are given that twice a number increased by the product of the number and 14 results in 48.

We will find the value of the number that we used in the given above statement.

Understand the meaning of the keywords used in the statement.

Increased means addition.

Product means multiplication.

Results mean equal to sign.

Let's write the given statement in equation form.

Consider P = the number

Twice a number = 2P

Increased =  +

Products of the number and 14 =  P x 14

Results in 48 = equals 48.

Combining all the above we get,

2P + P x 14 = 48

2P + 14P = 48

16P = 48

P = 48 / 16

P = 3

Thus the number that satisfies the given statement is 3.

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Which of the binomials below is a factor of this expression?
16x2 + 40xy + 25y2

Answers

(4x+5y)2 is the right answer

16x²+40xy + 25y²

(4x+5y) (4x+5y)

(4x+5y)²

I hope I helped you^_^

What is the common ratio for this geometric sequence?
27, 9, 3, 1, ...

Answers

Answer:

27:9 3:1.................

What is the perimeter of CDE?
A. 37.8 units
B. 39 units
C. 32.5 units
D. 35.6 units

Answers

Answer: 32.5 units (choice C)

This value is approximate.

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

Explanation:

To find the perimeter, we simply add up the lengths of the three external sides.

The horizontal side from D to E is 16 units long since |-10-6| = 16. I subtracted the x coordinates of the points and applied absolute value. You could also count out the spaces and you should count 16 spaces from D to E.

Unfortunately, the diagonal lengths aren't as straight forward. We have two options here: The pythagorean theorem, or the distance formula.

I'll go with the distance formula.

Let's find the distance from C to D, aka the length of side CD

[tex]C = (x1,y1) = (-1,-2)\\\\D = (x2,y2) = (-10,0)\\\\d = \sqrt{(x_1 - x_2)^2 + (y_1 - y_2)^2}\\\\d = \sqrt{(-1-(-10))^2 + (-2-0)^2}\\\\d = \sqrt{(-1+10)^2 + (-2-0)^2}\\\\d = \sqrt{(9)^2 + (-2)^2}\\\\d = \sqrt{81 + 4}\\\\d = \sqrt{85}\\\\d \approx 9.2195\\\\[/tex]

Side CD is roughly 9.2195 units long.

Repeat this idea to find the length of CE

[tex]C = (x1,y1) = (-1,-2)\\\\E = (x2,y2) = (6,0)\\\\d = \sqrt{(x_1 - x_2)^2 + (y_1 - y_2)^2}\\\\d = \sqrt{(-1-6)^2 + (-2-0)^2}\\\\d = \sqrt{(-7)^2 + (-2)^2}\\\\d = \sqrt{49 + 4}\\\\d = \sqrt{53}\\\\d \approx 7.2801\\\\[/tex]

Side CE is roughly 7.2801 units long

The perimeter of triangle CDE is approximately...

P = DE+CD+CE

P = 16 + 9.2195 + 7.2801

P = 32.4996

This then rounds to 32.5 units. The answer is choice C.

​There are two types of fish in a lake. These are carp and pike.
In a netted area of the lake 120 carp and 16 pike were caught
In the whole lake it is estimated there are 34 000 fish.How​ many pike are there?​​

Answers

Answer:pike are 250 ; from 120+16=136 and 34000/136 is 250

Step-by-step explanation:

Complete the equation describing how
x and y are related.
X
0
1
2
3
5
6
у
5
6
7
8
9
10
y = x + [?]
Enter the answer that belongs in ?).

Answers

Answer:

y= x + 5

Step-by-step explanation:

it is clearly shown

what is 1034÷22 ?
[tex]1034 \div 22 [/tex]

Answers

The answer would be 47

two gubernatorial aspirants amp in two different states in Nigeria have probabilities of 2/9 and 4/11 respectively of winning and impending election find the probability that both of them win in their respective regions?

Answers

Probability of First = 2/9

Probability of Second = 4/11

Probability of both winning = 2/9 + 4/11

= 22/99 + 36/99

= 58/99

Answer is 58/99 probability of them both winning

Must click thanks and mark brainliest

22. The ratio in which (4, 5) divides the join of (2, 3)
and (7, 8) is :
(a) 4 : 3
(c) 3 : 2
(b) 5:2
(d) 2:3

Answers

Let the ratio be m:n

(x,y)=(4,5)Points be (x1,y1)=(2,3)(x2,y2)=(7,8)

We know

[tex]\boxed{\sf (x,y)=\left(\dfrac{mx_2+nx_1}{m+n},\dfrac{my_2+ny_1}{m+n}\right)}[/tex]

[tex]\\ \sf\longmapsto (4,5)=\left(\dfrac{7m+2n}{m+n},\dfrac{8m+3n}{m+n}\right)[/tex]

Now

.[tex]\\ \sf\longmapsto \dfrac{7m+2n}{m+n}=4\dots(1)[/tex]

[tex]\\ \sf\longmapsto \dfrac{8m+3n}{m+n}=5\dots(2)[/tex]

Adding both

[tex]\\ \sf\longmapsto \dfrac{7m+2n+8m+3n}{m+n}=4+5[/tex]

[tex]\\ \sf\longmapsto \dfrac{7m+8m+2n+3n}{m+n}=9[/tex]

[tex]\\ \sf\longmapsto \dfrac{15m+5n}{m+n}=9[/tex]

[tex]\\ \sf\longmapsto 15m+5n=9(m+n)[/tex]

[tex]\\ \sf\longmapsto 15m+5n=9m+9n[/tex]

[tex]\\ \sf\longmapsto 15m-9m=9n-5n[/tex]

[tex]\\ \sf\longmapsto 6m=4n[/tex]

[tex]\\ \sf\longmapsto \dfrac{m}{n}=\dfrac{6}{4}[/tex]

[tex]\\ \sf\longmapsto \dfrac{m}{n}=\dfrac{3}{2}[/tex]

[tex]\\ \sf\longmapsto m:n=3:2[/tex]

Option B is correct

Complete the table y+1=7/8x

Answers

Answer:

y = 7/8x - 1

Step-by-step explanation:

graph shown

The sum of 'n' terms of an arithmetic sequence is 4n^2+3n. What is the first term, the common difference, and the sequence?

Answers

Answer:

d=8 and a=7

Step-by-step explanation:

The sum of a arithmetic sequence is given by (n/2)*(2a+(n-1)d). Comparing coefficients with the given Sn, we have; a-d/2=3 and d/2=4, d=8 and a=7. The sequence is 7, 15, 23, 31, 39

URGENT PLS HELP! WILL GIVE BRAINLIEST (PICTURE INCLUDED)

Answers

Answer:

1605

Step-by-step explanation:

Make mathematical expressions then, simplify ,50 is divided by 2 times one more than the difference of F and 3.​

Answers

Answer:

F = 27

Step-by-step explanation:

50/2 = (F - 3) + 1

25 = F - 2

F = 27

i nedd help due today plzzzz answer fast

Answers

Answer:

Option A, m⁴/n²

Multiply the exponent 6 with the exponents of m and n

helppppp
Find the value of x.
A. 176
B. 128
C. 256
D. 74

Answers

Answer: Choice B) 128

Explanation:

We'll add up the given arc measures and then cut the result in half to get the angle formed by the intersecting chords (that subtend the arcs in question).

chord angle = (arc1+arc2)/2

x = (54+202)/2

x = 256/2

x = 128

Answer:

128

Step-by-step explanation:

Angle Formed by Two Chords = 1/2(SUM of Intercepted Arcs)

x = 1/2 (54+202)

x = 1/2 (256)

x =128

Which of the following options correctly represents the complete factored
form of the polynomial F(x) = x^3- x2 - 4x-6?
A. F(x) - (x - 3)(x + 1 + I)(x+1- I)
B. F(x) = (x - 3)(x+1+I)(x-1-I)
C. F(x) = (x+3)(x + 1)(x - 1)
D. F(x) - (x+3)(x+1+I)(x +1-I )

Answers

The completely factored form for the given algebraic expression is f(x) = (x-3)(x+1+i)(x+1-i).

What is a completely factored polynomial?

A completely factored polynomial is a polynomial that can no longer be further simplified. A completely factored polynomial can be expressed as a root of its own equation.

Given that:

f(x) = x³ - x² - 4x - 6

To express this as a factored polynomial using the rational:

f(x) = (x-3)(x²+2x+2)

f(x) = (x-3)(x+1+i)(x+1-i)

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what is a cell and why it is necessary​

Answers

CELL

Cells are the basic building blocks of living things. The human body is composed of trillions of cells, all with their own specialised function. Cells are the basic structures of all living organisms.

IMPORTANCE

Cells provide structure for the body, take in nutrients from food and carry out important functions.

I HOPE THIS WILL HELP YOU IF NOT THEN SORRY

HAVE A GREAT DAY :)

Solve each equation.
1) 14=3m + 4

Answers

The answer for this question is
M=3 1/3
M= 10/3 is the correct answer

Find all excluded values for the expression.
That is, find all values of for which the expression is undefined.
3v
------
2v+10


If there is more than one value, separate them with commas.

Answers

Answer:

-5

Step-by-step explanation:

For an expression to be undefined, the denominator must be equal to 0

Therefore, we must equate the denominator in the expression to 0

2v + 10 = 0

2v = 0 - 10

2v = -10

v = -10/2

v = -5

So in order for the expression to be undefined, v must be equal to -5

A state lottery sells instant-lottery scratch tickets. 12% of the tickets have prizes. Neil goes to the store and buys 10 tickets. What is the probability that exactly three of Neil's tickets will have prizes? ​

Answers

Answer:

The probability of success is .12

The probability of failure is .88

According to the binomial theorem the probability of 3 success is

10! / (3! * 7!) * .12^3 * .88^7 = .085

sketch the graph of y=x(x-6)^​

Answers

Answer:

i have attached pic of the graph

i hope this helps you

15. Five boys went to see the CIRCUS. Four of them had Rs.5 each and the fifth boy had Re.1 more than the entrance ticket price. IF with the whole amount (which the 5 boys had), the boys were able to just buy the entrance ticket for all the 5, cost of the entrance ticket per person was​

Answers

Answer:

20+(x+1) = 5x

x=21/4

x= 5.25

The entrance ticket per person can be calculated using algebraic equation. We have create the algebraic expression as per the question.

The entrance ticket per person is Rs. 5.25.

Given:

Total boys are 5

4 boys has 5 rupee each so total rupee are [tex]=5\times 4=20[/tex].

Let the entrance ticket per boy is [tex]x[/tex].

One boy had 1 rupee more than entrance ticket [tex](x+1)[/tex].

Write the algebraic expression to calculate the entrance ticket per person.

[tex]5x=20+(x+1)\\5x=20+x+1\\5x-x=20+1\\4x=21\\x=5.25[/tex]

Thus, the entrance ticket per person is Rs. 5.25.

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Which equation is the result of subtracting the second equation from the first?
4x-6y=13
-5x+2y=5

Answers

Answer:

the answer is

-x-8y=8

or, x + 8y= -8

Step-by-step explanation:

4x - 6y = 13 - (5x + 2y = 5)

or, 4x - 6y = 13

- 5x - 2y = -5

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

- x - 8y = 8

Find the 100th term of the sequence 4, 7, 10, 13...

a) 301
b) 313
c) 281
d) 279

Answers

Answer:

A

Step-by-step explanation:

The first term of the sequence is 4, the common difference is 3. So the equation of this sequence is 4+(n-1)*3 or 1+3*n. Plug in n=100

NO LINKS OR ANSWERING QUESTIONS YOU DON'T KNOW!!!

Chapter 11 part 2:

What are three different properties of logarithmic functions when encountering the operations of addition, subtraction, and multiplication? Provide an example of each.

Answers

The three main log rules you'll encounter are

log(A*B) = log(A) + log(B)log(A/B) = log(A) - log(B)log(A^B) = B*log(A)

The first rule allows us to go from a log of some product, to a sum of two logs. In short, we go from product to sum. The second rule allows us to go from a quotient to a difference. Lastly, the third rule allows to go from an exponential to a product.

Here are examples of each rule being used (in the exact order they were given earlier).

log(2*3) = log(2) + log(3)log(5/8) = log(5) - log(8)log(7^4) = 4*log(7)

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

Here's a slightly more complicated example where the log rules are used.

log(x^2y/z)

log(x^2y) - log(z)

log(x^2) + log(y) - log(z)

2*log(x) + log(y) - log(z)

Hopefully you can see which rules are being used for any given step. If not, then let me know and I'll go into more detail.

Answer the following. The scale on a map is 1:100000. Therefore 1cm on the map would equal how many kilometres on the ground? ​

Answers

Answer: 10 km

Step-by-step explanation:

1cm is equal to 10km on ground.

What is map scale?

The ratio between a distance on a map and its actual distance on the ground is known as the map's scale. Since scale must vary across a map due to the curvature of the Earth's surface, this straightforward idea is made more difficult. This change makes the idea of scale significant in two different ways.

Given

A scale of 1:1,000,000 means that anything on the map that is 1 ‘unit’ in length represents something that is one million ‘units’ in length.

So two points 1 cm apart on the map will be one million centimetres apart in real life. Divide a million by 100 if you prefer the distance in metres. And divide that figure by 1,000 if you want it in kilometres.

1,000,000/100*1000 = 10km

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2m-t=sm+5 you would have to find m

Answers

Answer:

m=5+t/2-s

Step-by-step explanation:

arrange like terms

2m-sm=5+t

factotise m in the first side of the equation

m(2-s)=5+t

divide both sides by (2-s)

therefore m=5+t/2-s

find the area of the circle use 3.14 for pi d=4 m

Answers

Answer:

The area of circle is 12.56m sq.

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