The expression in company B represents that is is in arithmetic progression where first term is 42000 and common difference is 1800 . So we have to use the formula of sum of n terms which is
Where a is the first term, n is the nth term, d is the common difference
On substituting there values,we will get
= 15(84000+52200) = 15*136200 =2043000
And for company A, it is
Difference between them =2043000-2002500= 40500
So the correct option is the second option .
Answer:
height: 16 inch
length of base: 10 inch
width of base: 50 feet
Step-by-step explanation:
128*(1/8)=16 inch
80*(1/8)=10 inch
x*1/8=6.25
x=6.25*8=50 feet
Answer:
Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
Step-by-step explanation:
We use the Total Amount generated using compound interest formula to solve this question
Formula =
Total Amount(A) = P(1 + r/n)^nt
a) For Harrison
Principal = $200
Interest rate = 2% = 0.02
Time = 2 years
n = compounding quarterly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.02/4)^2×4
A = $2,000(0.005)^8
A = $ 2081.4140878
A = $ 2,081.41
b) For Sherry
Principal = $200
Interest rate = 4% = 0.04
Time = 2 years
n = compounding monthly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.04/12)^2×12
A = $2166.2859184
A = $ 2,166.29
The Total Amount for
Harrison = $ 2,081.41
Sherry = $ 2,166.29
Hence, from the above calculation, Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
Answer:
I'm not that sure but I really feel like it's 15
