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4 years ago

2. A bank representative studies compound interest, so she can better serve

Mathematics

1 answer:

Kaylis [27]4 years ago

4 0

Answer:

Step-by-step explanation:

Given that a bank representative studies compound interest, so she can better serve customers. She analyzes what happens when $2,000 earns interest several different ways at a rate of 2% for 3 years.

a) the interest if it is computed using simple interest. 12.00

= $\frac{2000(3)(12)}{100} \\=720$ dollars

b) the interest if it is compounded annually.

= $2000(1.12)^3-2000\\= 809.86$ dollars

c) the interest if it is compounded semiannually

= $2000(1.06)^6 -2000\\= 837.04$

d) the interest if it is compounded quarterly.

= $2000(1.03)^12 -2000\\= 851.52$

e) the interest if it is compounded monthly.

= $2000(1.01)^24 -2000\\= 861.54$

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Help Please.. Can't figure it out

Alex787 [66]

Answer:

The answer is option 3.

Step-by-step explanation:

The area of triangle formula is A = 1/2×base×height. Then substitute the following values into the formula :

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Let base = 10,

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4 years ago

Which statement is true about the ordered pair (3, 6)? OA. To plot the ordered pair (3,6), travel six units to the right on the

kondaur [170]

Answer:

If I read it right I believe it's C.

Step-by-step explanation:

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3 years ago

Please help!<br> Find the quadratic function with the roots of -2 and P

Marrrta [24]

The roots routine will return a column vector containing the roots of a polynomial. The general syntax is

z = roots(p)

where p is a vector containing the coefficients of the polynomial ordered in descending powers.

Given a vector

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Example

Here is an example of finding the roots to the polynomial

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3 years ago

Hazel plans to mow her neighbors' yards to earn money. she charges a base fee of $25 and $7 for every hour she mows. the amount

bogdanovich [222]

The function ought to be represented as; m(t) = 7t + 25 where t is the number of yards that she mows.

<h3>What is a linear function?</h3>

The term linear function refers to a function that yields a straight line graph when it is plotted. Now we know that a linear function would not contain an exponent that is greater than one.

In this case, we know that the question states that she charges a base fee of $25 and $7 for every hour she mows thus the function ought to be represented as; m(t) = 7t + 25 where t is the number of yards that she mows.

Learn more about linear function:brainly.com/question/21107621

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1 year ago

Read 2 more answers

Mr. Rhee traveled 90 miles at 60 miles per hour to visit his parents on the way home he was caught in heavy traffic so that the

Sever21 [200]

Wouldn’t it be 45 mph

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3 years ago