7th grade math. Easy but hard for me
2 answers:
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Jane must therefore deposit her savings in the four rivers bank.
<h3>What is compound interest?</h3>Interest that is added to a loan and deposit sum is known as compound interest. In our everyday lives, it is the notion that is employed the most frequently. Compound interest is calculated as a sum using the interest and principal accrued over time. Compound interest versus simple interest differ primarily in this way.
As per the data provided in the question,
Rate, r = 12%
After five years, the total amount, if Jane had saved at Mystic Bank,if Jane had saved at Mystic Bank would be:
For compounded quarterly,
n = 5 × 4
n = 20
A = 40000(1 + 12/(4 × 100))²⁰
A = 72244.44 (i)
If Jane placed her savings with the Four Rivers, then,
A = 40000(1 + 14/(2 × 100))¹⁰
A = 40000 × 1.9671
A = 78686.054 (ii)
Therefore, it is evident that case (ii) is higher than case (i). Jane must therefore deposit her savings in the four rivers bank.
To know more about Compound Interest:
#SPJ1
Answer:
(a)
(b) -6, 2
Step-by-step explanation:
Given: g(x) = x + 1
h(x) = (x + 6)(x - 2)
Therefore,
(a)
Therefore, g/h(3) = 4/9
(b) Values not in domain means we have to determine for which values of x the function becomes undefined.
This happens when the denominator becomes zero.
That means h(x) = 0
⇒ (x + 6)(x - 2) = 0
⇒ x = -6 or x = 2
Therefore, when x takes one or both of these values we can say that the function becomes undefined.
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