Based on the types of compounding and the interest rates, the following are true:
- Part A - The group will have $750
- Part B - The group will have $759.19
When using simple interest, the amount the group will have is:
<em>= Amount x ( 1 + rate x number of years )</em>
= 600 x ( 1 + 5% x 5)
= $750
When using compound interest, the group will have:
<em>= Amount x ( 1 + rate) ^ Number of years</em>
= 600 x ( 1 + 4%)⁶
= $759.19
In conclusion, compound interest yields more.
<em>Find out more about </em><em>compound interest </em><em>at brainly.com/question/25263325. </em>
1, 4/2, 2, 6/2 just keep multiplying by 1/2
The 7th day is going to be 15.6 there is a common scale factor of timing by 2 the difference between the days so you would get 15.6
Answer:
The paint will not fill the tray by 10.53 in3.
Step-by-step explanation:
Length = 14 inches
Width = 10 inches
Depth = 4 cm = 1.57 inches
Volume = length x width x depth
Volume = 14 x 10 x 1.57
= 220.47 inches cube
Volume of Gallon = 231 inches cube
