Answer:
B hope this helps!
Step-by-step explanation:
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The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Step-by-step explanation:
The given is,
Compounds money quarterly
Double your money in 10 years
Step:1
Formula to calculate future investment with compounded quarterly,
...............................(1)
Where, A - Future amount
P - Initial investment\
r - Rate of interest
n - No. of compounding in a year
t - No. of years
Step:2
Let, P = X
A = 2X ( Double your money )
From given, n - 4 ( for compounding quarterly )
t - 10 years
From equation (1)



Take root
root on both side,
![\sqrt[40]{2} = (1+\frac{r}{4} )](https://tex.z-dn.net/?f=%5Csqrt%5B40%5D%7B2%7D%20%3D%20%281%2B%5Cfrac%7Br%7D%7B4%7D%20%29)





r = 6.992 %
Result:
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Answer:
39/5
Step-by-step explanation:
Given BD and AC is a diameter of the circle:
We need to find the following:
1. measure of the arc BA
So,
the measure of the minor arc BA = 44
The measure of the major arc BA = 360 - 44 = 316
2. the measure of the arc ACB = 360 - 44 = 316
3. The arc BCD is a semicircle of the circle
So, the measure of the arc BCD = 180