Million, Billion, Trillion, and Quadrillion
The amount of money that Jordan will earn at the end of 10 years = $12,587.5
<h3>Calculation of compounded interests</h3>
The principal amount invested(P) = $9,500
The annual compounded daily interest rate(R) of the account = 3.25%
The time given (T) = 10 years
Simple interest (SI) = P×T × R/100
SI = 9,500×10×3.25/100
SI= 308750/100
SI= $3087.50
Therefore the total amount that would be in the account after 10 years = $9,500 + $3,087.50
= $12,587.5
Learn more about compound interest here:
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X/w=y/5
wy=5x
wy/5=x
w/5=x/y
it should be a
Part (a)
<h3>Answer: 0.2</h3>
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Work Shown
It costs $15 to rent a bike for 3 hours. We can write the following ratio below
15 dollars : 3 hours
To represent the connection of the two concepts (dollars connecting with hours)
We want the "15 dollars" to turn into "1 dollar". This is because the phrasing "per dollar" really means "per 1 dollar".
Divide both sides of the ratio by 15 to achieve this goal.
15 dollars : 3 hours
15/15 dollars : 3/15 hours
1 dollar : 1/5 hours
1 dollar : 0.2 hours
0.2 hours : 1 dollar
So we get 0.2 hours per dollar.
As a side note, 0.2 hours = 0.2*60 = 12 minutes.
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Part (b)
<h3>Answer: 3.38</h3>
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Work Shown
27 pages : 8 minutes
27/8 pages : 8/8 minutes
3.375 pages : 1 minute
3.38 pages : 1 minute
I'm dividing both parts of the original ratio by 8 to turn "8 minutes" into "1 minute" (due to the phrasing "per minute"). Don't forget to round to 2 decimal places.