Answer:
A) 7,950$, B) 7,963.73$, C) Since daily interest means that 6%/365 of 7500 will be added and compounded every day for the given amount of time(in this case, one year), while annual interest means that 6% of 7500 will be added and compounded yearly for the given amount of time(I'm this case, one year).
Step-by-step explanation:
Given the compound interest formula, A = P(1+r/n)^nt, where A = total amount(final amount), P = principle or amount of money deposited(starting amount), r = annual interest rate(percent interest in respect to t ; decimal = %/100), and n = conversion rate(number of times compounded per t; how much is it compounded)
t = time(time in respect to years ; how long it is compounded).
For A) A = 7500( 1 + 6%/365 ) ^ 365 = 7500(1 + 0.06/365) ^365 = 7500(1 + 0.00016438356..)^365= 7500(≈1.0001644^365) = 7500(100.01644%^365) = 7500(≈106.183%) = 7963.725 ≈ 7963.73$
For B) A = 7500( 1 + 6% ) ^ 1 = 7500(1 + 0.06) = 7500(1.06) = 7500(106%) = 7950$
C) this is because compounding something with a higher frequency leads to a different percentage (as n approaches infinity with time proportional to the annual rate, the ratio between the principle and total amount are proportional to e)
Answer:
The answer is 10
Step-by-step explanation:
a=10
Answer:
A 5% possibility.
Step-by-step explanation:
Find all of the totals:
total male = 4+6+2+2=14
total female = 3+4+6+3=16
freshman = 4+3=7
sophomore = 6+4=10
Junior = 2+6=8
Senior = 2+3 = 5
total overall= 5+8+10+7+16+14=60
Female seniors are = 3
So 3/60 = 0.05=5%
Answer:
depends.
Step-by-step explanation:
Evaluating a question depends on the question given. To simplify an answer, you need to find the simplest answer, this process also depends on what question you're given, for example, if you simplify 4/8 (four eighths), it would be 1/2 (one half).
Answer:
D. 8.8
Step-by-step explanation:
As the pythagorean theorem.
A² + B² = C²,
5.4 × 5.4 + 7 × 7 = C²,
29.16 + 49 = C²,
78.16 = C²,
8.8 ≈ C
