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nalin [4]
3 years ago
10

What is 4.2 kilometers in meters

Mathematics
1 answer:
vovikov84 [41]3 years ago
4 0
THE ANSWER IS 42,000.

TO GET THIS WE KNOW THAT 1 KILOMETERS IS 10,000. 

SO YOU TAKE 4.2 AND MULTIPLY IT BY 10,000. THAT EQUALS 42,000.
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You find an interest rate of 10% compounded quarterly. Calculate how much more money you would have in your pocket if you had us
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Answer:

see the explanation

Step-by-step explanation:

we know that    

step 1

The compound interest formula is equal to  

A=P(1+\frac{r}{n})^{nt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

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in this problem we have  

r=10\%=10/100=0.10\\n=4  

substitute in the formula above

A=P(1+\frac{0.10}{4})^{4t}  

A=P(1.025)^{4t}  

Applying property of exponents

A=P[(1.025)^{4}]^{t}  

A=P(1.1038)^{t}  

step 2

The formula to calculate continuously compounded interest is equal to

A=P(e)^{rt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest in decimal  

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we have  

r=10\%=10/100=0.10  

substitute in the formula above

A=P(e)^{0.10t}  

Applying property of exponents

A=P[(e)^{0.10}]^{t}  

A=P(1.1052)^{t}  

step 3

Compare the final amount

P(1.1052)^{t} > P(1.1038)^{t}

therefore

Find the difference

P(1.1052)^{t} - P(1.1038)^{t} ----> Additional amount of money you would have in your pocket if you had used a continuously compounded account with the same interest rate and the same principal.

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