Question

to. Mr. Meneses wishes to request a bank loan that charges him the TIIE as a rate at the time of acquiring the loan, for which he investigates the TIIE interest rate referring to a period of 26 weeks. • What is the effective rate that you will be paying in 130 days? • What is the effective rate that you will be paying in 155 days?

284

likes
1418 views

Answer to a math question to. Mr. Meneses wishes to request a bank loan that charges him the TIIE as a rate at the time of acquiring the loan, for which he investigates the TIIE interest rate referring to a period of 26 weeks. • What is the effective rate that you will be paying in 130 days? • What is the effective rate that you will be paying in 155 days?

Expert avatar
Lurline
4.6
107 Answers
To calculate the effective rate that Mr. Meneses will be paying in 130 days, we need to divide the number of days by the total number of days in a year, and then multiply it by the TIIE rate.

Step 1: Convert 130 days to a fraction of a year.
\frac{130}{365}

Step 2: Multiply the fraction by the TIIE rate. Let's assume the TIIE rate is 5%.

\frac{130}{365} \times 0.05

Step 3: Multiply the result by 100 to get the effective rate in percentage.

\frac{130}{365} \times 0.05 \times 100

Answer: The effective rate that Mr. Meneses will be paying in 130 days is approximately 1.37%.

To calculate the effective rate that Mr. Meneses will be paying in 155 days, we follow the same steps.

Step 1: Convert 155 days to a fraction of a year.
\frac{155}{365}

Step 2: Multiply the fraction by the TIIE rate. Let's assume the TIIE rate is 5%.
\frac{155}{365} \times 0.05

Step 3: Multiply the result by 100 to get the effective rate in percentage.
\frac{155}{365} \times 0.05 \times 100

Answer: The effective rate that Mr. Meneses will be paying in 155 days is approximately 2.11%.

Frequently asked questions (FAQs)
What is the Pythagorean Theorem used for?
+
What is the constant value 'c' in the function f(x) = c, if the graph of f(x) is a straight line parallel to the x-axis?
+
What is the perimeter of a square when side length s is given?
+
New questions in Mathematics
A normal random variable x has a mean of 50 and a standard deviation of 10. Would it be unusual to see the value x = 0? Explain your answer.
If you have a bag with 18 white balls and 2 black balls. What is the probability of drawing a white ball? And extracting a black one?
5/8 x 64
Let I ⊂ R be a bounded and nonempty interval. Show that there are numbers a, b ∈ R with a ≤ b and I =[a,b] or I =[a,b) or I =(a,b] or I =(a,b)
Consider numbers from 1 to 2023. We want to delete 3 consecutive, so that the avarage of the left numbers is a whole number. How do we do that
Answer the following questions regarding the expression below. 0.1 (a) Write the number as a fraction.
Solve this mathematical problem if 3/5 of a roll of tape measures 2m. How long is the complete roll? Draw the diagram
Find the equation of the line perpendicular to −5𝑥−3𝑦+5=0 passing through the point (0,−2)
prove that if n odd integer then n^2+5 is even
-3(-4x+5)=-6(7x-8)+9-10x
(2m+3)(4m+3)=0
-1%2F2x-4%3D18
3%2B2
A,B,C and D are the corners of a rectangular building. Find the lengths the diagonals if AB measures 38' - 9" and AD measures 56' - 3"
The blood types of individuals in society are as follows: A: 30%, B: 25%, AB: 20%, 0: 25%. It is known that the rates of contracting a certain disease according to blood groups are as follows: A: 7%, B: 6%, AB: 7%, 0: 4%. Accordingly, if a person selected by chance is known to have this disease, what is the probability of having blood group O?
16-(x²+x+2)²
Hola👋🏻 Toca en "Crear Nueva Tarea" para enviar tu problema de matemáticas. ¡Uno de nuestros expertos comenzará a trabajar en ello de inmediato!
t+72/t=-17
Question 3 A square has a perimeter given by the algebraic expression 24x – 16. Write the algebraic expression that represents one of its sides.
Construct a set of six pieces of data with​ mean, median, and midrange of 67 and where no two pieces of data are the same.