9514 1404 393
Answer:
$20.01
Step-by-step explanation:
In 2004–2012, the interest rate is 0.002%. In 2013, it is 0.004%. In 2014–2021, the interest rate is 0.002%. That is, in the 18 years between 2004 and 2021 (inclusive), the interest rate is 0.002% for 17 of them. The effective account multiplier is ...
(1.00002^17)(1.00004^1) = 1.00038006801
Then the account balance is ...
$20 × 1.00038006801 ≈ $20.01
_____
<em>Additional comment</em>
The annual interest earned on $20.00 is $0.0004. If the account balance is rounded to the nearest cent annually, at the end of the 18 years, the balance will still be $20.00. Not enough interest is earned in one year to increase the balance above $20. At the end of the 18 years, the amount of interest earned is 0.76¢ (a fraction of a penny) <em>only if there is no rounding in intervening years</em>.
The average rate of change between 1991 and 1996 is 40 million
<h3>How to determine the average rate of change between 1991 and 1996?</h3>
The given parameters are:
Population in 1991 = 1.5 billion
Population in 1996 = 1.7 billion
The average rate of change between 1991 and 1996 is calculated as:
Rate = (1.7 billion -1.5 billion)/(1996 - 1991)
Evaluate
Rate = 40 million
Hence, the average rate of change between 1991 and 1996 is 40 million
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Answer:
Where's the equation?
Step-by-step explanation:
Where's the equation?
Answer:
p(14,9)
Step-by-step explanation:
steps are in picture.
Note: if you have any question about it you can ask.
Answer:
16.3
Step-by-step explanation:
You simply divide the 35.86 by 2.2 using long division or any method you'd like!
