Since 800 is greater than 0.8 your statement would be 800>0.8
The interest rates required to get a total amount of $2,420 from compound interest on a principal of $2,000 compounded 1 times per year over 2 years is 10% per year.
<h3>What is compound interest?</h3>
The interest on savings that is calculated on both the initial principal and the interest accrued over time is known as compound interest.
The concept of compound interest, also known as "interest on interest," is thought to have first appeared in Italy in the 17th century. It will accelerate the growth of a sum more quickly than simple interest, which is calculated only on the principal sum.
Money is multiplied more quickly through compounding, and the more times it is compounded, the higher the compound interest will be.
Using the formula A = P(1 + r/n)^nt
Solving for rate r as a decimal
r = n[(A/P)^(1/nt) - 1]
r = 1 × [(2,420/2,000)^{1/(1)(2)} - 1]
r = 0.1
Then convert r to R as a percentage
R = r × 100
R = 0.1 × 100
R = 10%/year
Learn more about compound interest
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Answer:
Step-by-step explanation:
Let's first write the expression:
Now we can simplify. Be sure to remember to distribute the "-" to all the numbers in the parentheses. You can picture it like multiply "-1" to all the numbers in the parentheses to make it easier.
Now we combine like terms.
Write the polynomials by decreasing exponents
So hmmm x²+6x+8=0
alrite.. let's do some grouping now
( x² + 6x + [?]²) + 8 = 0
notice above, we have a missing fellow in order to get a perfect square trinomial... hmm who would that be?
let's take a peek at the middle guy of the trinomial.. 6x.. hmmm let's factor it, 2*3*x, wait a minute! 2 * 3 * x... we already have x² on the left-side, since the middle term is just 2 * the square root of the other two terms, that means that the guy on the right, our missing guy must be "3"
alrite, let's add 3² then, however, bear in mind that, all we're doing is borrowing from our very good friend Mr Zero, 0
so if we add 3², we also have to subtract 3², let's do so
(x² + 6x +3² - 3²) + 8 = 0
(x² + 6x +3²) + 8 - 3² = 0
(x+3)²=3² - 8
(x+3)² = 1
Answer:
Your answer.
Equation is D
R = 622
Y = 410
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Step-by-step explanation:
