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Plug the applicable numbers into the compound interest formula and see which is more.
A = p(1+r/n)nt
A = future amount
p =principal investment
r = interest rate as a decimal
n = number times compounded per year
t = time in years
A = 5000(1+.0743/365)365(10)
= 5000(1.000203562)3650 = $10,510.38
A = 5000(1+.075/4)4(10)
= 5000(1.01875)40 = $10,511.75
As you can see these are practically equal, but the 7.5% quarterly is more.
Answer:
X = 22
Step-by-step explanation:
f(x) = 3x + 1
f(7) = 3(7) + 1
= 21 + 1
= 22
Answer:
156km
Step-by-step explanation:
Given data
The red Maserati traveled at a speed of 120km/h for 5 hours one day.
Distance = speed*time
Distance= 120*5
Distance= 600km
The green Ford Pickup traveled at a speed of 74km/h for 6 hours
Distance = speed*time
Distance= 74*6
Distance= 444km
Hence the difference is
=600-444
=156km
The value of x = -3/2 .
<h3>What is an Equation ?</h3>
An equation is a mathematical statement that relates unknown variable to constants to determine their value.
The equation given is
(2x+3 ) / 7 Divided by 1 = 0
2x +3 = 0
2x = -3
x = -3/2
Therefore the value of x = -3/2 .
The complete equation is
(2x+3)/7
To know more about Equation
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If you look through the chart, you'll see that in each column,
the amount of money donated is 1/5 the number of lunch
specials sold.
The equation is:
Donation amount = (1/5) · (lunch specials sold) .
The constant of proportionality in money per lunch special sold
is $1/5 or 20 cents.