The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Step-by-step explanation:
The given is,
Compounds money quarterly
Double your money in 10 years
Step:1
Formula to calculate future investment with compounded quarterly,
...............................(1)
Where, A - Future amount
P - Initial investment\
r - Rate of interest
n - No. of compounding in a year
t - No. of years
Step:2
Let, P = X
A = 2X ( Double your money )
From given, n - 4 ( for compounding quarterly )
t - 10 years
From equation (1)



Take root
root on both side,
![\sqrt[40]{2} = (1+\frac{r}{4} )](https://tex.z-dn.net/?f=%5Csqrt%5B40%5D%7B2%7D%20%3D%20%281%2B%5Cfrac%7Br%7D%7B4%7D%20%29)





r = 6.992 %
Result:
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Answer:
Step-by-step explanation:
First order from smallest to largest.
70.8, 71.9, 72.1, 82.4, 85.3, 98.1.
Median is the middle number/s.
72.1+82.4/2 so The median is 77.25
Range is the largest number minus the smallest number.
85.3-70.8=14.5
Mode is the most repeated number.
Since there are no repeated numbers there is no mode.
Second question:
Again rearrage: 6, 9, 11, 14, 17
In order to make the median 10 you would have to add another 9 becasue
11+9/2 = 10
Third: remove 6 to make 12 the middle number
Fourth: add all numbers 90+x/6=20 so x has to be 30
Answer:
300 girls were there in the gym.
Step-by-step explanation:
Given:
The ratio of the number of boys to the number of girls was 4:3, after 160 boys left the gym, the ratio became 4:5.
Now, to find the number of girls in the gym.
The girls in the gym does not left, their quantity is same before and after.
So, we multiply the both ratios to make the girls ratio same:
4:3 × 5 = 20:15
4:5 × 3 = 12:15
Now, <em>we find the units of the ratio</em>.
<em>The ratio of boys dropped down by 160</em>:
20 - 12 = 8 units.
160 = 8 units
Now, dividing both sides by 8 we get:
20 = 1 unit
So, 1 unit = 20.
Now, girls = 15 units
So, 15 × 20 = 300.
Therefore, 300 girls were there in the gym.
Answer:
x=20
Step-by-step explanation:
hope this helps
Answer:
lol it so easy man 3(y+4) is the answer