Answer:
D) -cos(x)
Step-by-step explanation:
Answer:
The time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
Step-by-step explanation:
Given
- Principle Amount P = $440
- Interest rate r = 5.6% = 0.056
To determine:
Time period t = ?
Using the formula

solving for t
t = ln(A/P) / n[ln(1 + r/n)]
substituting the values A = 640, P = 440, n = 365 and r = 0.056
t = ln(640/440) / ( 365 × [ln(1 + 0.00015342465753425/365)] )
t = 6.691
t ≈ 7 (nearest year)
Therefore, the time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
1. Balance after 1 year with simple interest= 600 + (2.5 x 12) = 600 + 30 = $630
2. Balance after 1 year with compounded interest = P ( 1 + 

= 600 ( 1 + 
= 600 (1.0511) = $630.66 = approx. $630
CD is congruent to XY, DA is congruent to YZ and AC is congruent to ZX even tho i'm not able to see properly your image
We have 2.48>2.4 1>2.463. If we insert a '7' between that 4 and 1, we get:
2.48 > 2.471 >2.463, and this is true.