Answer:
- amount lent: ₹6000
- interest received: Kamal, ₹600; Anand, ₹615.
Step-by-step explanation:
For principal P invested at simple interest rate r, the returned value in t years is ...
A = P(1 +rt)
If K is Kamal's returned value, the given numbers tell us ...
K = P(1 +0.05·2) = 1.1P
__
For principal P invested at compound interest rate r, with interest compounded annually for t years, the returned value is ...
A = P(1 +r)^t
If A is Anand's returned value, the given numbers tell us ...
A = P(1.05)² = 1.1025P
This latter amount is RS.15 more than the former one, so we have ...
1.1025P = 1.1P +15
0.0025P = 15 . . . . . . . . subtract 1.1P
P = 6000 . . . . . . . . . . . divide by 0.0025 . . . . the amount lent
Kamal received 1.1P -P = 0.1P = 600 on the investment.
Each lent ₹6000. Kamal received ₹600 in interest; Anand received ₹615 in interest.
Answer:
B. stratified.
Step-by-step explanation:
If a population is composed by identifiable groups or strata, with large variations between groups, the stratified sampling should be applied in order to comprehend and represent all of the different groups in the sampling process.
Therefore, the answer is alternative B. stratified.
Answer:
18 yds
Step-by-step explanation:
Let the length and width be L and W respectively.
Then L· W = area = 72 yd², so that L = (72 yd²) / W.
But also L = 3W + 6 yd. Subbing this into L· W = area = 72 yd², we get:
(3W + 6) · W = 72, or
3W² + 6W - 72 = 0. Since all four terms are evenly divisible by 3, we get:
W² + 2W - 24 = 0, which factors as follows:
(W + 6)(W - 4) = 0. Then W + 6 = 0, or W = -6 (makes no sense for a length), and W - 4 = 0 yields W = 4 yds.
If the shorter side is of length 4 yds, then the longer side is of length
L = 3(4 yds) + 6 yds = 18 yds
Answer:
Connor would have $83.37 more than Henry.
Step-by-step explanation:
Connor:
Initial investment= $8,000
Interest rate= 8.2% = 0.082/12= 0.00683
Number of periods= 12*5= 60 months
Henry:
Initial investment= $8,000
Interest rate= 8% = 0.08/365= 0.00022
Number of periods= 365*5= 1,825 days
<u>To calculate the future value, we need to use the following formula on each investment:</u>
FV= PV*(1+i)^n
Connor:
FV= 8,000*(1.00683^60)
FV= $12,035.35
Henry:
FV= 8,000*(1.00022^1,825)
FV= $11,951.98
Difference= 12,035.35 - 11,951.98= $83.37
Connor would have $83.37 more than Henry.
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