The gradient equation for px
2 answers:
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Answer:
Step-by-step explanation:
two sides of a triangle are 5 and 12 inches long
The sides of triangle a= 5 and b = 12
To form a triangle
Combine both inequalities
Given the two options above, in order to come up with the best plan we have to calculate the future value of money in each plan.
compound interest is given by:
Option 1
p=$500
r=2%=0.02
t=1 year
Option 2
p=$500
r=2/12=1/6
n=1*12=12
hence:
=$509.09
Comparing the two plans above, option 1 is the best.
b] Option 1 is the best because she will secure $510 as compared to option 2 which has interest rate that reduces her amount by $1 after one year due to annual charges. The total amount of money she will have at the end of the plan is $510.
compound interest is given by:
Option 1
p=$500
r=2%=0.02
t=1 year
Option 2
p=$500
r=2/12=1/6
n=1*12=12
hence:
=$509.09
Comparing the two plans above, option 1 is the best.
b] Option 1 is the best because she will secure $510 as compared to option 2 which has interest rate that reduces her amount by $1 after one year due to annual charges. The total amount of money she will have at the end of the plan is $510.