Camryn practices the trumpet every 11th day and the flute every 3rd day. Camryn practiced both the trumpet and the flute today.
1 answer:
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Answer:
Adult required in the case of “a” 28 and in the case of “b” the adult requirement is 19.
Step-by-step explanation:
(a) The percentage of adult that support the change is 20 percent.
Now calculate the number of adult required.
Given p = 0.20
Use the below condition:
Since 35 adults are already there so required adults are 63 -35 = 28
(b) The percentage of adult that support the change is 25 percent.
Now calculate the number of adult required.
Given p = 0.25
Use the below condition:
Since 35 adults are already there so required adults are 54 -35 = 19 .
Answer:
Bank B because the more often you compound interest, the more interest you earn.
Step-by-step explanation:
Bank A compounds the interest once a year.
Bank B compounds the interest twice a year.
Let's create an example of two investments of the same amount of money, the same interest rate, and the same time. The only difference will be the number of times the interest is compounded per year.
Compound interest formula:
where
A = future value
P = principal invested
r = interest rate
t = number of years
n = number of times interested is compounded in 1 year
Example:
P = $1000
r = 5%
t = 5 years
Bank A: n = 1
Bank B: n = 2
Bank A:
Bank B:
Bank A's investment is worth $1276.28 after 5 years, but Bank B's investment is worth $1280.08 after the same 5 years. Compounding twice per year instead of only once per year earns more interest.