I think it is the first one but I might be wrong
Answer: A
Compound interest simply defined as the interest added at regular interval. Compound interested can be calculated using
Compound interest = P (1+) ^nt and Pe ^rt
P = Initial balance
r = Annual interest rate
n = Number of times the interest is compounded per year
t =Number of year money is invested
Using
Compound interest = P (1+ ) ^nt
Continuous
P= $ 8000
t = 6
r = 6.25%
=
= 0.0625
n = 1
Compound interest = 8000 (1+) ^1×6
= 8000 (1 + 0.0625) ^6
= 8000 (1.0625) ^ 6
= 8000× 1.4387
= $11,509.6
Semi- annually
P= $ 8000
t = 6
r = 6.3%
=
= 0.063
n = 2
Compound interest = 8000 (1+) ^2×6
= 8000 (1 + 0.063) ^12
= 8000 (1.063) ^12
= 8000× 1.4509
= $11,607.0
Investing $ 8000 semi-annually at 6.3% for 6 years yields greater return
Therefore the answer is (A)
Hi friend!
I presume you mean "What is the absolute value of -44!
Well an absolute value is always positive. So the absolute value of -44 is 44!
Hope I helped!
If not, tell me more clearly what you need!
Each group of 2 nickels and 1 quarter has a value of $0.35. Rachelle has $6.30/$0.35 = 18 such groups.
Rachelle has 18 quarters and 36 nickels.
Answer:
see explanation
Step-by-step explanation:
- 2.3 + (- 5.7)
reminder that + (- ) = -
To obtain - 3.4 it is likely that she added 2.3 to - 5.7
The solution is
- 2.3 - 5.7 = - 8
