Constraints: 3x+4y≤60, x+3y≤30, x,y≥0. Corner points: (0,0),(20,0),(12,6),(0,10) where (12,6) is the intersection of the two boundary lines. Z values: 0, 16000, 16800, 12000. Maximum at (12,6).
The effective rate that is equivalent to a nominal rate of 16% compounded semi-annually is :
Held on 23 May 2023 · Verified 13 Jul 2026.
15.16%
16.64%
18.32%
20.24%
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