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
9514 1404 393
Answer:
B. 9 cm
Step-by-step explanation:
The number of face masks Ray can make with 20 m of cord is ...
(20 m)(100 cm/m)/(10.25 cm/mask) = 195.12195 masks
To make one more mask, he will need to buy an additional amount of ...
(196 -195.12195)×(10.25 cm) ≈ 9.00 cm
Ray would need to add 9 cm of cord to his order.
Answer:
19 1-point shots and 32 2-point shots
Step-by-step explanation:
Let x be the amount of 1-point shots they made and y be the amount of 2-point shots they made then...
x+y=51
x+2y=83
We can solve this equation using elimination. In this case, we can eliminate x be subtracting the two equations.
-y=-32
Divide both sides by -1
y=32
Plug this back into the equation to solve for x
x+32=51
Subtract 32 from both sides
x=19
They scored 19 1-point shots and 32 2-point shots.
Answer:
Tax=$0.91
Step-by-step explanation:
Tax=$12.99(.07)=$0.9093
Tax=$0.91
From cosine law
c^2 = a^2 + b^2 -2abcos(C)
cos(C) = (a^2 + b^2 - c^2)/2ab
this formula will solve your problem