The rate would be
22000 gallons per 16 hours or
rate = 22000/16 = 1375 gallons/hr
Answer:
I would rather do the second option of which uses Compound interest that will give a profit of $47.85
Step-by-step explanation:
In this problem we will be exploring the two formulas
1. simple interest
A= P(1+r*t)
2. compound interest
A= P(1+r/n)^nt
Where A= final amount
P= initial amount
r= rate
t= time.
n= number of periods Compounded
1.given data
P= $600
r= 3%= 3/100= 0.03
t= 2 years
A= 600(1+0.03*2)
A= 600(1+0.06)
A= 600(1.06)
A= $636
Interest = 636-600= $36
2. Given data
P= $600
r= 4%= 4/100= 0.04
n= 24
t= 2
A= 600(1+0.04/24)^24*2
A=600(1+0.0016)^48
A=600(1.0016)^48
A= 600*1.07975
A= 647.85
Interest = 647.85-600= $47.85
The sequence is arithmetic since the common difference that is equal
d=11-15=7-11=-4
a(n) = a1 +(n-1)d
a1=15
=
a(n) = 15+(n-1)-4
Answer:
2 years
Step-by-step explanation:
13000 X 0.05 = 650
13000 - 650 = 12350 year 1
12350 X 0.05 =617.5
12350 - 617.5 =11732.5 year 2
Answer: its 4
Step-by-step explanation:
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