Prove that the absolute value of the sum is less than the sum of the absolute values
1 answer:
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Answer:
(a) $7492
(b) $10,253
(c) $14,032
Step-by-step explanation:
As we know, the final Amount can be calculated with the formula for compound interest,
A = P(1 + \frac{r}{n} )^{nt}
where,
A = Final Amount due
P = Initial principal amount borrowed
r = rate of interest in decimal
n = number of times applied per time period
t = total time period
Now, according to the given data,
(a) in 4 years ;-
⇒
⇒
(b) in 6 years ;-
⇒
⇒
(c) in 8 years ;-
⇒
⇒
the relationship between 5.34 x 10^5 and 5.34 x 10^-2
5.34 * 10^-2 , for exponent -2 we move the decimal point 2 places to the left
Now we compare 534000 and 0.0534
0.0534 is 10,000,000 times less than 534000
Or we can say 534000 is 10,000,000 times greater than 0.0534
is 10,000,000 times greater than