Standard form
24x10^3=24000
$15,000 = P
Ameribank: 0.0105 = r, 1 = n, 1 = t. Plug our values in.
A = $15,000 (1 + (0.0105/1)^(1/1) = $15,157.5
Huffington: 0.0095 = r, 12 = n, 1 = t. Plug our values in.
A = $15,000 (1 + (0.0095/12))^(12/1) = $15,143.12
Sixth-Third: 0.01 = r, 52 = n, 1 = t. Plug our values in.
A = $15,000 (1 + (0.01/52)^(52/1) = $15,150.74
To maximize his profits, Tad should choose Ameribank.
Answer:
ANSWERS ARE B, C, AND D.
Step-by-step explanation:
I found the unit rate of 350 and 5, because we can use a calculator (as stated on top) I just punched in 350 divided by 5 and got 70. Now i know this may not sound that "professional", but nothing needs to always be professional as long as its efficient and most importantly gets you the right answer. I then took the time to multiply each number, (the ones on the left : 3, 3.5, 6, 7.25, and 8) by 70. If the answer you got on the calculator match up to the number on the right, (240, 420, 507.50, and 490) its correct, if it doesn't match up, you can tell that its most likely not the answer. You should end up with three answers that all end up having the unit rate of 70. Hope this helps anyone who needed it.
ANSWERS ARE B, C, AND D.
The disadvantage would be well, u know how u can divide a even number (not prime unless it's 2) into equal parts by putting the first segment in the middle then the next two in the middle of those? Well, u can't do that with a prime number because u can't divide any prime number like that. It's the best I can explain this concept. I'm pretty sure I'm right, but it's just hard to explain.
