Answer:
the second one
Step-by-step explanation:
In short and without much fuss
let's say Anne puts "x" amount in the account at 1.2% rate annually, that means after 1 year, she will have "x" + 1.2% of "x", or 1.012x to be exact.
the 1.2% rate, kicks in as the period of a year is met.
now, what if Anne puts it in the monthly compounded type? that means, the compounding period is a month, so after 1 month, she has 1.2% extra, or 1.012x, and after 2 months, she will have 1.2% extra of 1.012x, or 1.012144x, and after 3 months, she will have 1.2% extra of 1.0121x, or 1.012145728x and so on.
anyhow, the shorter the compounding period, the more the 1.2% kicks in, the more accumulation in the account.
Answer:
T = 40 (minutes?)
Step-by-step explanation:
Given the equation G = 50 + 20T, where G = the total amount of gas and T = the amount of Time, we know that there is already 50 gallons of gas in the tank and that the rate at which it is pumped is 20 gallons per minute (I am assuming, though it is not stated in the problem). Given that the tank holds 850 gallons, we can plug in the values into the equation and solve for the missing variable, T:
850 = 50 + 2T
Subtract 50 from both sides: 850 - 50 = 50 + 2T - 50 or 800 = 2T
Divide 2 from both sides: 800/2 = 2T/2
Solve for T: 40 = T
