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When converting currency, you multiply the amount by the exchange rate to get the equivalent value in the other currency.
by converting them to equivalent fractions
You set the two equations equal to each other and then solve for the variable.
1000 pounds
A rate that compares two equivalent measurements is a conversion rate.
Yes, you can refinance an adjustable rate mortgage by converting it to a fixed rate mortgage or by refinancing to another adjustable rate mortgage with more favorable terms.
The octal equivalent of decimal number 16 is 20. In octal, each digit represents three binary digits, so converting decimal 16 (which is 10000 in binary) into octal gives 20.
Equivalent RatesThe Equivalent Rates calculation is used to find the nominal annual interest rate compounded n times a year equivalent to a given nominal rate compounded m times per year.Two nominal rates with different compounding frequencies are equivalent if they yield the same amount of interest per year (and hence, at the end of any period of time).Input• nominal annual rate for the given rate• compounding frequency for the given rate• compounding frequency for the equivalent rateResults• equivalent nominal annual rate• equivalent periodic rateExample•A bank offers 14.75 % compounded annually.What would be the equivalent rate compounded monthly?InputGiven nominal annual rate:14.75 %Compounding frequency for given rate:annuallyCompounding frequency for equivalent rate:monthlyResultEquivalent nominal annual rate:13.8377 %Answer: 13.8377%.
If you are given one rate, x/y then multiply (or divide) both numbers by any non-zero number. You will have an equivalent rate.
The rate is equivalent to 80 to 40.
The mathematical equation for converting meters to kilometer is 1km=1000m.Ê For example 250 meters is equivalent to 0.25km ( 250/1000).
In a balanced chemical equation, a reaction is the process of converting reactants into products. Each reactant molecule is transformed into a set of corresponding product molecules according to the stoichiometric coefficients in the balanced equation.