We appreciate your visit to Suppose that 0 5 is an annual interest rate In the formula tex y a cdot b x tex what value would you use for. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Answer:
A.
1.005
Step-by-step explanation:
Answer:
b=1.005
Step-by-step explanation:
b=(1+0.5%)
=1+0.005
=1.005
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Answer:
b=1.005
Step-by-step explanation:
b=(1+0.5%)
=1+0.005
=1.005
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Answer:
1.005
Step-by-step explanation:
The variable b is the growthfactor, which is 100% plusthe interest rate, expressedas a decimal.b ===100%+0.5%1+0.0051 .005The variable b is the growth factor, which is 100 percent plus the interest rate, expressed as a decimal. B equals 100 percent plus 0.5 percent. Equals 1 plus 0.005. Equals 1.005.
