What rate, converted semiannually, is equivalent to an 8% effective rate? * O 7.846% O 8.12 % 9% O 1.222 %
What rate, converted semiannually, is equivalent to an 8% effective rate? * O 7.846% O 8.12 % 9% O 1.222 %
Chapter5: Exponential And Logarithmic Functions
Section5.5: Exponential And Logarithmic Models
Problem 3ECP: Estimate the age of a newly discovered fossil for which the ratio of carbon-14 to carbon-12 is...
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Transcribed Image Text:What rate, converted semiannually, is
equivalent to an 8% effective rate? *
7.846%
O 8.12 %
9%
O 1.222 %
Transcribed Image Text:Discount 7,500 PHP for 2 years at 8%
converted monthly. *
O 6,394.47 PHP
O 5,394.47 PHP
O 10,394.47 PHP
O 9,394.47 PHP
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