Answer:
Chan is not correct.
The correct equivalent quarterly interest rate is 1.3108% per quarter.
Step-by-step explanation:
Given that Chan deposited money into his retirement account.
The interest was 7% compounded annually.
Let P be the amount invested and F the final amount got after 1 year
If compounded annually,
F = P(1+0.07) = 1.07P
If compounded quarterly, no of quarters = 4
F =
= 1.3108P
Hence equivalent interest rate = 1.3108% and not 2%
Answer:
Step-by-step explanation:
We are given that
Volume of water in fish pond,V=3000 L
Mass of toxic chemical=5 kg
Rate=200L/min
Removes chemical=50%
We have to find the differential equation for the time.
Let mass of toxic at any time t= m kg
Rate=Rate in-Rate out
Answer:
Step-by-step explanation:
This is just 2 part:
1. Raise "10" to the 4th power
2. Subtract expression of #1 from "f"
So,
we have f
and we have 10^4
Now we subtract 10^4 from f, thus we have:
That's simply it.
The club can buy 5 computers with $3472
Step-by-step explanation:
The number of computers which can be bought from the given amount will be calculated by dividing the amount by price of one computer.
Given
Total amount = $3472
Price of one computer =$680
The number of computers will be:
As the number of an item cannot be in decimal it will be rounded off to 5.
The club can buy 5 computers with $3472
Keywords: Price per unit, pricing
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Answer:
Step-by-step explanation:
The three interior angles in a triangle will always add up to 180°.
Therefore