Answer:
Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
Step-by-step explanation:
We use the Total Amount generated using compound interest formula to solve this question
Formula =
Total Amount(A) = P(1 + r/n)^nt
a) For Harrison
Principal = $200
Interest rate = 2% = 0.02
Time = 2 years
n = compounding quarterly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.02/4)^2×4
A = $2,000(0.005)^8
A = $ 2081.4140878
A = $ 2,081.41
b) For Sherry
Principal = $200
Interest rate = 4% = 0.04
Time = 2 years
n = compounding monthly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.04/12)^2×12
A = $2166.2859184
A = $ 2,166.29
The Total Amount for
Harrison = $ 2,081.41
Sherry = $ 2,166.29
Hence, from the above calculation, Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
Answer: X=5 so whats 3 + 5? easy, 8. so now you know the bottom is eight and since it's a rectangle the top is also 8. And the left side is 15 so we know the right side is also 15. To find the perimeter you add all the sides of which in this case it would be 8 + 8 + 15 + 15. or (8 times 2) + (15 times 2). = 46 the answer is 46
Step-by-step explanation:
Answer:
A ≈ 9.0 ft²
Step-by-step explanation:
70° = 7π/18 radians
Area of the arc section
A = ½(7π/18)8² = 12⁴/₉π ft² = 39.09537 ft²
As the triangle is isosceles, the other two angles are (180 - 70) / 2 = 55°
law of sines 8 / sin55 = L / sin 70 L = 9.17722
so the triangle height = √(8² - (9.17722/2)²) = 6.55321
Area of triangle ½(6.55321)(9.17722) = 30.07016
Area = 39.09537 - 30.07016 = 9.025211 ≈ 9.0 ft²
Answer:
it would be a 3/15 or 1/5 chance
Step-by-step explanation:
