Answer:
(a) $7492
(b) $10,253
(c) $14,032
Step-by-step explanation:
As we know, the final Amount can be calculated with the formula for compound interest,
A = P(1 + \frac{r}{n} )^{nt}
where,
A = Final Amount due
P = Initial principal amount borrowed
r = rate of interest in decimal
n = number of times applied per time period
t = total time period
Now, according to the given data,
(a) in 4 years ;-
⇒
⇒
(b) in 6 years ;-
⇒
⇒
(c) in 8 years ;-
⇒
⇒
Answer:
Volume of round cake pan = volume of cylinder
Volume of a cylinder = (where r is the radius and h is the height)
Radius = diameter ⇒
⇒ volume of round cake pan =
= 76.97 in³ (nearest hundredth)
Volume of rectangular cake pan = volume of rectangular prism
volume of rectangular prism = (where w is the width, l is the length and h is the height)
⇒ volume of rectangular cake pan = 6 x 9 x 2 = 108 in³
As 108 > 76.97, the rectangular cake pan has a larger volume
