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3 years ago

Which of the following is not a primary source. A.artifacts. B.diaries. C.eyewithness. D.recent book about the civil war.

History

1 answer:

mezya [45]3 years ago

7 0

Answer:

Explanation:

This is not a primary source because it was written way after the actual event, and by someone who did not actually experience it. Hope this helps :)

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4 years ago

A graph has years on the x-axis and value of savings on the y-axis. A line with 5.75 percent interest goes through (3, 2,000) an

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(a) $6000 this amount is to Arturo’s parents to invest after 10 years. (b) $2083.74 this amount is interest was earned after 10 years. (c) $8346.15 between the amount was earned.

What is interest rate?

An interest rate indicates how expensive borrowing is or how lucrative saving is.

Arturo’s parents deposit $50 each month

Interest rate, r = 5.75%

5.75%/12 = 23/4800 = 0.00479

In 10 years, tenure, N = 10 × 12 = 120 months.

Total Investment = monthly deposits x N

= $50 x 120 = $6000.

$6000 this amount is to Arturo’s parents to invest after 10 years.

FV = Monthly × $((1+r) ^{120} -1)$ /r

FV = 50 × $\frac{((1+0.00479) ^{120} -1)}{0.00479}$

FV = $8083.74

Interest Earned in 10 years = $8083.74—$6000 = $2083.74

If they continue to invest for 20 years, tenure = 12 × 20 = 240 months.

FV = $\frac{((1+0.00479) ^{120} -1)}{0.00479}$

FV = $\frac{((1+0.00479) ^{240} -1)}{0.00479}$

FV= $22429.89

Interest Earned in 20 years = $22429.89—$12000 = $10429.89.

Interest Earned between 10 years and 20 years = $10429.89—$2083.74 = $8346.15

As a result, a) $6000 b) $2083.74 c) $8346.15 is an accurate answer.

Learn more about on interest rate, here:

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