I think it’s c sorry if it’s wrong
Answer:
the rate compounded semi-annually is compounded twice in a year. thus, this rate is higher than the rate compounded annually which is compounded once in a year
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
For example, there are two banks
Bank A offers 10% rate with semi-annual compounding
Bank B offers 10% rate with annual compounding.
If you deposit $100, the amount you would have after 2 years in each bank is
A = 100x (1 + 0.1/2)^4 = 121.55
B = 100 x (1 + 0.1)^2 = 121
The interest in bank a is 0.55 higher than that in bank B
Answer:
$29.4
Step-by-step explanation:
I assume the question is based on simple interest since you didn't specify
Using simple interest
Simple interest=P×R×T
Where,
P=principal=$1470
R=interest rate=4%=0.04
T=time=6 months=0.5 year
Simple interest=P×R×T
=1470×0.04×0.5
=29.4
Interest earned=$29.4
Due to the nature of spheres, they are all similar to each other.
6 regular triangles meet at vertex to form a regular tessellation.
Answer is D.
Hope it helps!
