Ed turns 34 and deposits $100 at the end of each month in IRA that earns 9% interest p.A compounded monthly. Find how much will
1 answer:
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Let the curve C be the intersection of the cylinder
and the plane
The projection of C on to the x-y plane is the ellipse
To see clearly that this is an ellipse, le us divide through by 16, to get
or
,
We can write the following parametric equations,
for
Since C lies on the plane,
it must satisfy its equation.
Let us make z the subject first,
This implies that,
We can now write the vector equation of C, to obtain,
The length of the curve of the intersection of the cylinder and the plane is now given by,
But
Therefore the length of the curve of the intersection intersection of the cylinder and the plane is 24.0878 units correct to four decimal places.
Answer:
Brian has $776 more account in his account than Chris.
Step-by-step explanation:
Compound interest Formula:
= A-P
A= Amount after t years
P= Initial amount
r= Rate of interest
t= Time in year
Given that,
Brian invests $10,000 in an account earning 4% interest, compounded annually for 10 years.
Here P = $10,000 , r= 4%=0.04, t=10 years
The amount in his account after 10 years is
=$14802.44
≈$14802
Five years after Brian's investment,Chris invests $10,000 in an account earning 7% interest, compounded annually for 5 years.
Here P = $10,000 , r= 7%=0.07, t=5 years
The amount in his account after 5 years is
=$14025.51
≈$14026
From the it is cleared that Brian has $(14802-14026)=$776 more account in his account than Chris.