Daily compounding, you can gain more interest this way.
The answer is “is not” hope this helps
We'll do it in cents and convert when we have to.
Tanya paid x per item, a total of 4x.
Tony paid x-125 per item (in cents) for a total of 5(x-125)
4x = 5(x-125)
4x = 5x - 625
x = 625 = $6.25
Check:
4(625) = 2500
5(625-125)=2500, same, checks
Answer: Tanya paid $6.25 per item, Tony $5.00 per item
Answer:
If interest is calculated yearly, it will take Tim approximately 6 years
Step-by-step explanation:
For interest compounded continuously we use this formula
A = pe^rt
Where A = Amount in future ($5,300)
P = Principal amount ($5,000)
r = interest rate (1% or 0.01)
t = time
Now we put the values
5300 = 5000e(0.01)t
1.06 = Ve(0.01)t
㏑1.06 = 0.01t
t = ㏑(2) ÷ 0.01
t = 5.82 years rounded to 6 years
If interest is calculated yearly (simple interest)
n = ( 1.06-1 ) / 0.01 = 6 years.
If interest is calculated yearly, it will take Tim approximately 6 years.
<em>Source: brainly.com/question/8501594</em>
Answer:
75.39 in^2
Step-by-step explanation:
circumference=2πr
30.8=2(3.14)r
30.8=6.28r
4.9=r
Now that we know the radius, we can plug it in for the area equation
area=πr^2
area=(3.14)(4.9)^2
area=(3.14)(24.01)
area=75.39 in^2
