When dealing with a loan, who benefits from compounding interest more frequently, and why?

Mathematics

2 answers:

VashaNatasha [74]3 years ago

7 0

Answer:

The lender benefits, because the interest compounded increases further interest calculations.

Step-by-step explanation:

When dealing with a loan , the lender benefits from compounding interest more frequently. This is because the amount of interest compounded on the principle increases and this new amount further increases due to interest calculations.

nalin [4]3 years ago

4 0

right answer is a.

The lender benefits, because the interest compounded increases further interest calculations.

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What is the probability of flipping a coin 10 times and getting tails 7 times ? Round your answer to the nearest tenth of a perc

KatRina [158]

Answer:

Option C: 11.7%

Step-by-step explanation:

The number of elements in sample space when a coin is flipped 10 times will be:

$n(S) = 2^{10} \\= 1024$

Let A be the event that the tails appear 7 times:

Then,

$C_{(n,k)}=\frac{n!}{(k!)(n-k)!} \\where\\n=population\\k=picks\\In our case, k =7\\and\\n=10\\C_{(10,7)}= \frac{10!}{(7!)(10-3)!}\\= 120\\So, \\P(A) = \frac{n(A)}{n(S)} \\P(A) = \frac{120}{1024} \\= 0.1171\\$

Converting into percentage:

$P(A) = 0.1171*100=11.7%$

So, option C is correct ..

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3 years ago

Eleven members of the Middle School Math Club each paid the same amount for a guest speaker to talk about problem solving at the

tiny-mole [99]

The missing digit is number 3. The total amount should be $132

I multiplied 11 by the numbers 10 and above to get the possible three digit answer who has 1 as the first digit and 2 as the last digit.

11 x 10 = 110
11 x 11 = 121
11 x 12 = 132

The 11 members of the Middle School Math club each paid $12 for a guest speaker.

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2 years ago

What are the roots of the equation? x^2+24=−11x Enter your answers in the boxes.

docker41 [41]

The correct answers are:

x=-3 and x=-8.

Explanation:

We can first write this in standard form, ax²+bx+c=0. To do this, we will add 11x to both sides:
x²+24+11x=-11x+11x
x²+11x+24=0.

Now we can factor this. Look for factors of c, 24, that sum to b, 11. Factors of 24 are:
1 and 24 (sum 25)
2 and 12 (sum 14)
3 and 8 (sum 11)
4 and 6 (sum 10).

The factors we need are 3 and 8, since they sum to 11. This gives us factored form:
(x+3)(x+8)=0.

Using the zero product property, we know that in order to have a product of 0, one or both of the factors must be 0. This means we have:
x+3=0 or x+8=0.

Solving the first equation:
x+3-3=0-3
x=-3.

Solving the second equation:
x+8-8=0-8
x=-8.

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