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Citrus2011 [14]
1 year ago
7

A bank has a fixed the rate of interest 8% p.a semi aaunually compound interest in account X and 12% p.a annually compound inter

est in account Y. if you are going to deposit Rs. 120000 for 2 year in the same bank, in which account will you deposit and why ? give your reason with calculations.​
Mathematics
1 answer:
ioda1 year ago
7 0

The amount of 120000 should be deposit in X account in the bank as it is giving more amount of compound interest.

As given in the question we have two accounts that is X and Y.

In X account the rate of interest is 8% per annum semi annually compound interest which means 16% per annum for year.

In Y accounts the rate of interest is 12% per annum compound interest for year.

hence, if we deposit the Rs. 120000 in bank with account X then

120000×16%= 19200 [ first year interest]

139200×16%=22272[second-year interest]

the total amount of compound interest  = Rs 41472.

now if we deposit in Y account then

120000×12%=14400

134400×12%=16128

the total amount of compound interest =Rs 30528

now we can see that we are getting more interest amounts in X account compared to Y.

hence, depositing the Rs.120000 in account X will be beneficial.

To know more about the compound interest click here: brainly.com/question/14295570

#SPJ9

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Daniela facing a 12 ft tall statue that is 15 ft away. She can see the reflection of the top of the statue in a puddle on the gr
mote1985 [20]

Answer:

36 ft

Step-by-step explanation:

Daniela facing a 12 ft tall statue that is 15 ft away. She can see the reflection of the top of the statue in a puddle on the ground 5 ft in front of her. How tall is Daniela?

Hence, this is calculated as:

5ft/15ft = 12 ft/Daniela's height

Cross Multiply

5ft × Daniela's height = 15ft × 12ft

Daniela's height = 15ft × 12 ft/5ft

= 36ft

Therefore, Daniela's height = 36 ft

4 0
2 years ago
HELP ASAP!! A recipe calls for 2.3 cup of milk. if you make 3 1/2 times the recipe, how much milk do you need?
LiRa [457]
The question is basically asking what 3.5 x 2.3 is. So the answer would be 8.05. If you read carefully it even tells you “times” I. The question. Hope this helps!!
3 0
2 years ago
Evaluate the expression 2b^3+5 (BTW I did the first part it's 3 but I need the second part)​
andrey2020 [161]

To find the exact answer based on the last step, "2(3)^3+5", you must use PEMDAS (attached image below)

 

          2(3)^3+5=2*27+5=54+5=59

Thus the answer is <u>59</u>.

Hope that helps!

         

4 0
2 years ago
Find the four arithmetic means between -21 and -36.
lara31 [8.8K]
The numbers given in the problem above are part of an arithmetic sequence with first and sixth terms equal to -21 and -36, respectively. Firstly, calculate for the common difference (d).
 
                                    d = (-36 - -21) / (6 - 1) = -3

The arithmetic mean is calculated by adding -3 to the term prior to it. 

            a2 = -21 + -3 = -24               a3 = -24 + -3 = -27
            a4 = -27 + -3 = -30               a5 = -30 + -3 = -33

Thus the four arithmetic means are -24, -27, -30, and -33.
4 0
3 years ago
Multiply the equation 2x+2y=8 by 3. Does the equation have the same solution set?
stepan [7]

Multiply the equation:

2x+2y=8 \mapsto 6x+6y=24

The solution set is the same, because multiplying both sides of an equation by a non-zero number doesn't change the solution set. In fact, if you rewrite the equation as

2x+2y-8=0

Multiplying this by 3 (or whatever number, for all it matters) gives

3(2x+2y-8)=0

Now, a product is zero if and only if at least one of the factor is zero. So, either 3=0 or 2x+2y-8=0

Since the first is clearly impossible, the second one must be true, which is the original equation.

3 0
3 years ago
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