Answer:
The answer is 3.
Step-by-step explanation:
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Step-by-step explanation:
The given is,
Compounds money quarterly
Double your money in 10 years
Step:1
Formula to calculate future investment with compounded quarterly,
...............................(1)
Where, A - Future amount
P - Initial investment\
r - Rate of interest
n - No. of compounding in a year
t - No. of years
Step:2
Let, P = X
A = 2X ( Double your money )
From given, n - 4 ( for compounding quarterly )
t - 10 years
From equation (1)



Take root
root on both side,
![\sqrt[40]{2} = (1+\frac{r}{4} )](https://tex.z-dn.net/?f=%5Csqrt%5B40%5D%7B2%7D%20%3D%20%281%2B%5Cfrac%7Br%7D%7B4%7D%20%29)





r = 6.992 %
Result:
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Answer: C. Parabola
Definition: a parabola is a conic section in which it is mostly characterised of having a U-shape wherein it is symmetrical and an open plane curve.
To find perimeter, you use this equation for a parallelogram:
2l+2w=p
Let’s not put the numbers in,
2(12)+2(8)
24+16
40
So b, 40 yards is how much he walked.
To
Answer:
21.46 or 21.5
Step-by-step explanation:
To find the answer to this problem you must divide 877 by 4132, which gets you 0.2146. Then you multiply this answer by 100 to find the percentage; which in this case is 21.46, or 21.5 if you are rounding up. I hope my answer helped you!