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1 answer:
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Answer:
The time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
Step-by-step explanation:
Given
- Principle Amount P = $440
- Accrued Amount A = $640
- Interest rate r = 5.6% = 0.056
- Compounded daily n = 365
To determine:
Time period t = ?
Using the formula
solving for t
t = ln(A/P) / n[ln(1 + r/n)]
substituting the values A = 640, P = 440, n = 365 and r = 0.056
t = ln(640/440) / ( 365 × [ln(1 + 0.00015342465753425/365)] )
t = 6.691
t ≈ 7 (nearest year)
Therefore, the time required to get a total amount of $ 640.00 from compound interest on a principal of $ 440.00 at an interest rate of 5.6% per year and compounded 365 times per year is approximately 7 years.
Answer:
4 pitchers
Step-by-step explanation:
we know that
The volume of a cylinder is equal to
step 1
Find the volume of the cylinder with height 9 inches and radius r
substitute the given values
step 2
Find the volume of the cylinder with height 9 inches and radius 2r
substitute the given values
step 3
we know that
The volume of the cylinder 1 can fill a certain pitcher,
so
The volume of the pitcher is the same that the volume of cylinder 1
therefore
the number of pitchers that can be filled by the second cylinder is equal to divide the volume of the second cylinder by the volume of the first cylinder