Answer:
It will take 12 and 30 hours
Step-by-step explanation:
To solve this, you need to divide by <u>distance needed to travel by the speed</u>
600/48 is equal to 12.5 hours.
.5 hours is equal to 30 mins because 60mins times .5 is 30 minutes, therefore <u>the final answer is 12.5 hours</u>
I hope this helps :)
X+4=7
-4 -4
x=3
First subtract 4 from 4 and 7
Then keep the equal sign and x=3
Answer:
Amount she would have in 2 years at a simple interest of is
$5000 + ($5000 x 0.048 x 2) = $5480
Amount she would have in 2 years at a 4.1 % / year compounded semi- annually is :
$5000 x ( 1 +0.041/2)^4 = $5422.78
the first option yields a higher value in two years when compared with the second option. Thus, the first option is the best one to choose
Step-by-step explanation:
Future value with simple interest = principal + interest
Interest = principal x interest rate x time
0.048 x 5000 x 2 = 480
future value = $480 + 5000 = $5480
The formula for calculating future value with compounding:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
5000 x ( 1 + 0.041 / 2)^(2 x 2) = $5422.78
