Answer:
Option D
Step-by-step explanation:
To calculate compound interest we will use the formula :
Where,
A = Amount on maturity
P = Principal amount = $3000
r = rate of interest = 8.4% = 0.084
n = number of compounding period = Monthly = 12
t = time = 1 year
Now put the values in the formula.
= 
= 3000(1.007)¹²
= 3000 × 1.08731066
= 3261.93198 ≈ $3261.93
While the other bank compounds interest daily.
Therefore, n = 365
Now put the values in the formula with n = 365
= 3000 × 1.08761958
= 3262.85874 ≈ $3262.86
Difference in the ending balance = 3262.86 - 3261.93
= $0.93
The difference in the ending balances of both CDs after one year would be $0.93.
Answer:
8.06
Step-by-step explanation:
I used my brain and paper. I don't want to have to explain it anymore sorry but yes I think that is the right answer.
Answer:
what is the question
Step-by-step explanation:
Part A:
x=5
4x-1 ≤19
4(5)-1 ≤19
20-1 ≤19
19 ≤19
x=5
4x-1<19
4(5)-1<19
19<19
Explanation:
In problem one the greater then symbol has a line under it, this means that the symbol now means greater then or equal to. Since 19 is equal to 19 it is correct. In problem to the greater then symbol has no line under it meaning it only means greater then. Since 19 is not greater then 19 it is false.
So basically the difference is:
≤ = greater then or equal to
< = greater then
Part B:
5x+2=47
-2 -2
5x=45
/5 /5
x=9
Explanation:
Since when you solve the equation x=9 the value 9 from the set makes the equation.
Hope this helped :)
Answer:
Step-by-step explanation:
We can use the geometric mean theorem:
The altitude on the hypotenuse is the geometric mean of the two segments it creates.
In your triangle, the two segments are MP and PO.
MP + PO = MO
MP + 3 = 15
MP = 12
Then,
