Paul is making loaves of raisins bread to sell at a fundraiser event the recipe calls for 1/3 cup of raisins for each loaf and P
1 answer:
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We know the compound interest formula is given by
Now, we have been given that 24,000 is invested for 2 years with an APR of 6% and daily compounding. Thus, we have
On substituting these values in the above formula for the compound interest, we get
Therefore, the balance in the account after 2 years is 27059.7
Answer:
Option A -
Step-by-step explanation:
Given: The volume of a cylinder =
Let us substitute the volume of cylinder in the formula.
The formula for volume of a cone is (1)
The formula for volume of a cylinder is (2)
Substituting in equation (2), we get,
Given that the cone has the same radius and height of that of the cylinder, let us substitute in equation (1)
Thus, the volume of a cone with the same radius and height of a cylinder is .