Bonus #1) June 30 is equivalent to the 91st day of April or the 61st day of May.
Hilda's deposit of 4520 earned interest for 91-1 = 90 days.
Hilda's deposit of 580 earned interest for 61-10 = 51 days.
Hilda's deposit of 590 earned interest for 61-23 = 38 days.
Balance = $4520·(1 +.035/365)⁹⁰ + 580·(1 +.035/365)⁵¹ + 590·(1 +.035/365)³⁸
... = $4559.175 +582.843 +592.154
... ≈ $5734.17
Deposits total 4520 +580 +590 = 5690, so interest earned is
... $5734.17 -5690.00 = $44.17
Bonus #2) This problem can be worked the same way, except that withdrawals are subtracted from the final balance.
Owner's deposit of $12,300 earned interest for 91 days.
Owner's withdrawal of $3600 reduced the balance for 53 days.
Owner's withdrawal of $1200 reduced the balance for 10 days.
Balance = $12300·(1 +.035/365)⁹¹ -3600·(1 +.035/365)⁵³ -1200·(1 +.035/365)¹⁰
... = $12,407.795 -3618.342 -1201.151
... ≈ $7588.30
Interest earned = $7588.30 - (12300 -3600 -1200) = $88.30
Answer:
1.5467, 3.348, 3.3487, 3.4897
Step-by-step explanation:
Remember to compare each one number at a time!
For the first number, only one number is 1 while the others are 3 making it the lowest.
Then when comparing 3.348 and 3.3487, it can be implied that there is a 0 at the end of 3.348 because it makes the numbers have the same # of decimal places without changing the value of the number (3.3480). That number is less than 7.
Finally, 3.4897 has a 4 in the tenths place instead of a 3 making it the highest number.
Hope this helps!
Since we know a triangle only has 180 degrees we can say:
99+3x+x+5=180
Then we can solve for x:
4x+104=180
4x=76
x=19
A = P( 1 + rt)
A/P = 1 + rt
A/P - 1 = rt
t = (( A/P)) - 1)/r
t = (( 5500/1000) - 1)/(6.25/100
t = (5.5 - 1)/0.0625
t = 4.5/0.0625 = 72 years
Answer it will take 72 Years...
Hope it helps!!!!!
