40000=5000e^30r
40000/5000=e^30r
R=(log(40000/5000)/log(e))/30)*100
R=6.93%
Answer:
X2+4<10
Step-by-step explanation:
1)
A has a greater principal
2)
Principal of A is $500, the principal of B is $400, so A's principal is greater by $100
3)
Annual interest rate of A:
10/500 x 100
interest rate of A = 2%
The interest rate of B is higher.
4)
B's annual interest rate is 5% and A's annual interest rate is 2%, so B's is higher by 3%.
Answer:
$45.50
Step-by-step explanation:
Interest = Principal x rate x time (in years)
I = 1400 x .0325 x 1
Answer:
Step-by-step explanation:
doggy style :)