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math help plz!
DigiCom wants to drop the effective rate of interest on its credit card by 2%. If it currently charges a nominal rate of 8% compounded daily, at what value should it set the new nominal rate? Note: Please make sure your final
asked by Amy on March 27, 2010 
Math
N(t)=2000e^(1.1t) the continuous growth rate is 110% effective growth rate?__% Q(t)=65e^(0.09t) continuous growth rate is 9% effective growth rate?__% G(t)=650e^(0.055t) continuous growth rate is 5.5% effective growth rate?__%
asked by Evenlyn on April 9, 2017 
math
2.FIND THE TRADE DISCOUNT cost price = RM1780 rate of trade discounot = 30%,10% and 5% as we know to get trade discount is= list price X trade disount rate so i do : RM1780x0.3xo.1xo.o5 = RM2.67 BUT in my book the answer is
asked by fizz on April 26, 2014 
math
find the effectivee rate correspoding to 3% compounded quarterly The formula for effective rate I found is (1+ i/n)^n  1 where i is the annual rate as a decimal and n is the number of periods. Here i=.03 so the effective rate is
asked by john on September 19, 2006 
math
what is the effective rate formula? There are numerous effective rate formulas in math. You will need to be more specific.
asked by no name on October 12, 2006 
math
you have deposited 1000 dollars in your savings account with n annual interest rate of 4 percent compounded monthly. how much money are you going to have in your account after six months? [(1+ 0.04/12)]^6 x 1000 = ?? is the answer
asked by john on September 17, 2006 
math(urgent)
$1000 was invested for two years at 10% simple interest .calculate the effective rate was earned. pls check my solve (1+0.1/2)^21 = 0.1025 but the true answer is 9.54% pls help me to get the formula of effective rate
asked by fizz on May 16, 2014 
finance
An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide discounts for early payment. What is the formula to determine the effective
asked by Anonymous on July 27, 2014 
Finance
An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide discounts for early payment. What is the formula to determine the effective
asked by Rebekah on November 17, 2012 
health care finance
An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide discounts for early payment. What is the formula to determine the effective
asked by Anonymous on July 27, 2014