Nominal interest rate = n × ( (1 + r)1/n - 1) r = effective interest rate n = number of compounding periods What is the effective interest rate? The effective annual rate is the interest rate earned on a personal or business loan or investment
Unit Rate Calculator Unit Rate Calculator quantity units or items = ? Answer: = 12 miles per hour Showing Work This is a fraction equal to 30 miles ÷ 2.5 hours We want a unit rate where 1 is in the denominator, so we divide top and bottom by
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