Answer:
$30.88
Step-by-step explanation:
The account value is given by ...
A = P(1 +r/n)^(nt)
where P is the principal invested, r is the annual interest rate, t is the number of years, n is the number of times interest is compounded per year.
The amount of interest earned is the account value less the initial investment:
I = A - P = P(1 +r/n)^(nt) -P = P((1 +r/n)^(nt) -1)
Filling in the given values, we get ...
I = 500((1 +.03/12)^(12·2) -1) = 500(1.0025^24 -1) ≈ $30.88
The amount of interest earned is $30.88.
Answer:x
Step-by-step explanation:
Answer:
B. 19 inches and 60 inches.
Step-by-step explanation:
Required
Select matching pairs
Represent diameter with D and Circumference with C
C is calculated as:
Where
A. D = 5m; C = 22m
Using:
15.71 does not approximates to 22m.
Hence, the pair do not match
B. D = 19 in; C = 60 in
Using:
59.698 approximates to 60.
Hence, the pair match
C. D = 33 cm; D = 80 cm.
Using:
103.686 does not approximates to 22m.
Hence, the pair do not match
From the analysis above, only option B matches the diameter with the circumference
