Solving for the amount of maturity given that it is compounded monthly for 1 year with an interest of 3%, we have the formula and solution below:
A = P (1+r/n)^rn
A = $5,000 (1.040417)
A =$5202.085
For compounded daily, we have the solution below:
A = $5,000 (1.040443)
A = $5202.215
The difference in amount is shown below:
Difference = $5202.215 - $5202.085
Difference = $0.13
Answer:
B. 22
Step-by-step explanation:
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−<span>3<span>(<span><span>4a</span>−<span>5b</span></span>)</span></span><span>=<span><span>(<span>−3</span>)</span><span>(<span><span>4a</span>+<span>−<span>5b</span></span></span>)</span></span></span><span>=<span><span><span>(<span>−3</span>)</span><span>(<span>4a</span>)</span></span>+<span><span>(<span>−3</span>)</span><span>(<span>−<span>5b</span></span>)</span></span></span></span><span>=<span><span>−<span>12a</span></span>+<span>15<span>b</span></span></span></span>
3x + 4y = 31
2x - 4y = -6
*The +4 and -4 in the center of the equation cancel out because 4-4 = 0*
3x = 31
2x = -6
------------
*add like terms*
3x + 2x = 5x
31 - 6 = 25
So now you should have this written on your paper ... > 5x = 25
*Divide by 5 on each side*
5x = 25
_ _
5 5
x = 5
It says -18 is 18 digits away from 0