Answer:
B
Step-by-step explanation:
The value of the 4 in 14.8 is 10 times the value of the 4 in 3.46.
Assuming he had not dealt with the bank offering plan B before, he has nothing deposited two years back. Hence plan B only gives him only 0.2% annual interest for his deposit.
Plan A gives 0.25% for his deposit all the time.
So plan A is more advantageous.
For durations,
To reach $1,000,000 from $100,000, the money needs to grow 10 fold, or
(1+i)^n=10
n=log(10)/log(1+i).
So for plan A:
n=log(10)/log(1.0025)=922.18 years, while for
plan B
n=log(10)/log(1.0020)=1152.44 years.
Hope the bank(s) still exist at that time.
Step-by-step explanation:
they are similar by AA .
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Answer:
or
(they're the same)
Step-by-step explanation:
- Simplify:
- Find a common denominator. The LCM of 6 and 5 is 30, so multiply the numerator and the denominator by the same thing: 6 × 5 = 30, -9 × 5 = -45, 5 × 6 = 30, 3 × 6 = 18
- Write the new fractions:
- Subtract: -45/30 - 18/30 =
I hope this helps!