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3 years ago

7

An investor invests $100 in a certificate, which compounds semi-annually, for a time period of one year. If he wants to quadrupl

e his money in one year, what interest rate would be needed?

1 answer:

vagabundo [1.1K]3 years ago

8 0

4p=p(1+i/2)^2
4=(1+i/2)^2 solve for I
Hope it helps

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alekssr [168]

Using scientific notation, the correct statement is given by:

C. Corporation C owns the most land. Corporation A owns 8 times more land than corporation B.

<h3>What is scientific notation?</h3>

A number in scientific notation is given by:

$a \times 10^b$

With the base being $a \in [1, 10)$ .

Considering the amounts in scientific notation, the standard amounts in acres of each corporation are given as follows:

Corporation A: $3.2 \times 10^5 = 320000 = 320,000$ .

Corporation B: $4 \times 10^4 = 40000 = 40,000$ .

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More can be learned about scientific notation at brainly.com/question/16394306

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2 years ago

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Step-by-step explanation:

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