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A credit card advertises a nominal rate of 18% compounded monthly. If no monthly payments are made, the effective annual interest rate is most nearly:
The actual rate is, (18% / 12) = 1.5% per month. The effective annual rate is:
i = (1 + .015)12 - 1 = 0.1956 or 19.56% if you do not pay anything each month.
State the method of Pre- Tensioning It is a method of prestressing concrete in which tendons are stretched or tensioned before concreting. In this form of construction, concr
matlab applications
wmm how can test depth wise
Q. Necessity of air valves in pressurized pipelines? Air valves are broadly categorized into two major types: single air valves and double air valves. Single air valve comprise
Univariate normal distribution: Let X = (X I , X 2 , ..., X n ,) has the multivariate normal distribution (5.26) of Section 5.4. Show that Y = a X ' follows a univariate norma
Loads
sedimentation
At a large port facility near New York City tractor-trailer trucks are lined-up in long queues as their drivers wait to have their containers inspected and documents processed. As
Foundation at Different Levels on soft rock. what is minimum distance in two between footing ?
Simple stresses and strains: In this simple stresses and strains you have learnt the concepts of stress, strain, elastic modulus and the primary concepts in application to ana
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