The central angle for this question is 110o. So any angle that has its vertex on the circumference is 1/2 110 = 55. The central angle and the angle on the circumference must be related as they are as this question is. (Both are on the same side of PQ which is not drawn but you can draw it).

4 0

3 years ago

Suppose that you have $6000 to invest. Which investment yields the greater return over four years: 8.25% compounded quarterly or

WARRIOR [948]

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$6000\\
r=rate\to 8.25\%\to \frac{8.25}{100}\to &0.0825\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{quarterly, thus four}
\end{array}\to &4\\
t=years\to &4
\end{cases}
\\\\\\
A=6000\left(1+\frac{0.0825}{4}\right)^{4\cdot 4}\implies A=6000(1.020625)^{16}\\\\
-------------------------------\\\\$

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$6000\\
r=rate\to 8.3\%\to \frac{8.3}{100}\to &0.083\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{semiannually, thus two}
\end{array}\to &2\\
t=years\to &4
\end{cases}
\\\\\\
A=6000\left(1+\frac{0.083}{2}\right)^{2\cdot 4}\implies A=6000(1.0415)^8$

compare them away.

4 0

3 years ago