Answer:
$0.025x² . . . where x is a number of percentage points
Step-by-step explanation:
The multiplier for semi-annual compounding will be ...
(1 + x/2)² = 1 + x + x²/4
The multiplier for annual compounding will be ...
1 + x
The multiplier for semiannual compounding is greater by ...
(1 + x + x²/4) - (1 + x) = x²/4
Maria's interest will be greater by $1000×(x²/4) = $250x², where x is a decimal fraction.
If x is a percent value, as in x = 6 when x percent = 6%, then the difference amount is ...
$250·(x/100)² = $0.025x² . . . where x is a number of percentage points
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<u>Example</u>:
For x percent = 6%, the difference in interest earned on $1000 for one year is $0.025×6² = $0.90.
Answer:
75
Step-by-step explanation:
did it 5 mins ago
Yeah, dude it sure is.
I'm assuming you wanted something like this?
40x + 4.5y = 112
x = Days
y = Pairs of shoes
112 = Total profits
