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3 years ago

Lease help...

Mathematics

2 answers:

m_a_m_a [10]3 years ago

6 0

Bank A = 1000 x (1 + (0.04*6)) = $1,240

Bank B = 1000 x (1+0.03)^6 = $1,194.05

Bank A would be worth more

Ilia_Sergeevich [38]3 years ago

4 0

Answer:

He should place it in Bank A

For bank A Total amount = $1240

For bank bA= $1196.68

Step-by-step explanation:

For bank A with simple interest rate of 4%

Interest = PRT/100

Interest =( 1000*4*6)/100

Interest=$240

Total amount = principal + interest

Total amount = $1000+$240

Total amount = $1240

For Bank B with compound interest rate of 3%

A = p(1+r/n)^(nt)

A = 1000(1+(0.03/6))^(6*6)

A = 1000*1.19668

A= $1196.68

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3 years ago

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2 years ago

A farmer plans to fence a rectangular corral. The diagonal distance from one corner of the corral to the opposite corner is five

garik1379 [7]

Answer:

Length of diagonal is 7.3 yards.

Step-by-step explanation:

Given: The diagonal distance from one corner of the corral to the opposite corner is five yards longer than the width of the corral. The length of the corral is three times the width.

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Solution: Let the width of the rectangular garden be <em>x</em> yards.

So, the length of the diagonal is $x+5$

width of the rectangular corral is $3x$

We know that the square of the diagonal is sum of the squares of the length and width.

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3 years ago

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Tatiana [17]

$281,978 ....APE.X -_-

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2 years ago