Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. i divided 1.37 by 1.09 and am not getting the answ

I divided 1.37 by 1.09 and am not getting the answer which is 12.01%. I...

70.2K

Verified Solution

Question

Accounting

I divided 1.37 by 1.09 and am not getting the answer which is 12.01%. I know i have a math error can you please write out the steps how they got this image

[1+z3]3= [1+z2]? [1 +f12) (1 + 0.11)3= (1 + 0.09)1 [1 + $1,2); $1,2 = 12.01%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What is the pH of 0.005 M Ba(OH)2 solution? a) 12 b) 2 c) 0.005 d) -2

Chemistry
Q

Implement if else loop to find out if the given number is positive or negative or...

Programming
Q

A power station delivers 730 kWkW of power at 12,000 VV to a factory through wires...

Physics
Q

X-TREME Corporation has the following activities: creating bills of materials (BOM), studying manufacturing capabilities, improving manufacturing processes,...

Accounting
Q

A body starts from rest and travels a distance S with uniform acceleration then moves...

Physics
Q

f x ab in red g x c d in blue and h x pq...

Basic Math
Q

nd the largest interval centered about x 0 for which the given initial value problem...

Statistics
Q

Slope 4 passing through 2 17 What is the point slope form of the equation...

Calculus
Q

Meals served are $15,000, coffee $500, milk $300, soft drinks $700, beer $1,200, wine $800,...

Accounting
Q

Explain in your own words, why you think a company might or would want to...

Accounting
Q

Which qualitative characteristic or accounting concepts can be applied to " Goodwill is recorded in...

Accounting
Q

All of the following are reported as current liabilities except a. Accounts payable b. Bonds...

Accounting