Answer:
a. $ 2,431.01 = 4 years
b. $ 4,584.04 = 17 years
c. 4.57 years = $ 2,499.57
d. 8.3 year = $ 2,998.48
e. $ 2,431.01 = 4 years
Step-by-step explanation:
Compound Interest Equation
A = P(1 + r/n)nt
Where:
A = Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
R = Annual Nominal Interest Rate in percent
r = Annual Nominal Interest Rate as a decimal
r = R/100
t = Time Involved in years, 0.5 years is calculated as 6 months, etc.
n = number of compounding periods per unit t; at the END of each period
If the number k is greater than 3, we have the following inequality:
In order to evaluate k/3, let's divide the inequality by 3:
So the expression k/3 is greater than 1, therefore the correct option is D.
2/5 were sold in the morning. This is equal to 40% of the total. That leaves 60% leftover.
3/4 were sold in the afternoon. This is equal to 75% of the 60% leftover or 45% of the total (.6x.75).
The difference between the two sales is 24 cartons or 5% (45%-40%). If 5% is equal to 24 then you can cross multiply to see what is the equivalent number of cartons out of 100%.
5/100 = 24/x
5x = 24(100)
5x = 2400
x = 480
ANSWER: 480 cartons
Answer:
A
Step-by-step explanation:
using the sine ratio in the right triangle, then
sin 45° = =
multiply both sides by 5
note the exact value of sin 45° =
x = 5 × sin 45° = 5 × =
C is answer no explanation needed