Math gurus help!!?

A compound rate


B continuous rate


C effective rate


D nominal rate


E simple rate


F None of the above





1.The rate stated per year.


2.The rate that continuously effects the present amount.


3.The simple rate of interest that yields the same future amount after one year as the nominal rate.


4.The rate given per compounding period.


5.The rate given per year and charged or paid only on the present amount.





Can anyone match the letters to the definition for the numbers correctly??help is much appreciated thanks!!

Math gurus help!!?
1.The rate stated per year. D





2.The rate that continuously effects the present amount. B





3.The simple rate of interest that yields the same future amount after one year as the nominal rate. C





4.The rate given per compounding period. A





5.The rate given per year and charged or paid only on the present amount. E
Reply:yh
Reply:Do the easy ones first; the ones you know you know. Cross them off and work on the rest and by "process of elimination", you'll get it figured out yourself! Works with everything. Give a man a fish and he eats for a day; teach the man to fish and he eats for a lifetime.
Reply:hahaha are u a SFU student taking MATH 157??


lol... cuz i have the same question...





OHH and that guy at the top with the first answer...


it's wrong =(





i tried it..... iuno the answer either =.=





PLEASE if anyone can still answer it...


it;s due tmr at 11:00am =(





thanks!!
Reply:1 - D


2 - F


3 - C


4 - F


5 - E





trust me SFU math 157 classmates, just got this right after 7 tries....nothing "effects" present amount, can "affect" it... and the other one something abt no such thing as compound rate, go look at comment left