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3 years ago

A_____plot is used to display and summarize data using quartiles and median

Mathematics

1 answer:

NARA [144]3 years ago

5 0

Answer:

BOX

Step-by-step explanation:

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Aryana wants to invest $43,000. She has two options. Option A gives her 6% compounded quarterly. Option B gives her 6% simple in

solmaris [256]

Answer:

Option A earns higher interest($84115.58)

the difference in interest between the two option is $197.9

Step-by-step explanation:

In the problem we are going to apply both the simple interest formula and compound interest formula and compare which has the best/higher returns

Given data

Principal P= $43,000

Rate r= 6%= 0.06

time t= 3years

n= 4 (applicable for compound interest compounded quarterly)

solving for option A gives her 6% compounded quarterly

the compound interest formula is

$A= P(1+\frac{r}{n} )^n^t\\A= 43000(1+\frac{0.06}{4} )^{4} ^*^3$

$A=43000(1+0.015)^{12} \\A=43000(1.015)^{12} \\A=43000*1.1956\\A= 51411.58$

Interest is $A-P= 51411.58-43000= 8411.58$ =$8411.58

solving for option B which gives her 6% simple interest annually

the simple interest formula is

$A=P(1+r)^{t} \\A=43000(1+0.06)^3\\A=43000(1.06)^3\\A=43000*1.191\\A= 51213.68$

Interest is $A-P=51213.68-43000= 8213.68$ = $8213.68

calculating the diference in interest between the two options we have

$8411.58-8213.68= 197.9$ = $197.9

Option A earns higher interest

8 0

3 years ago

A geologist noticed that land along a fault line moved 24.8 centimeters over the past 175 years. On average, how many did the la

fiasKO [112]

It moves .14 centimeters each year

5 0

3 years ago

Shane wants to buy a 3D television set. He has saved some money and is able to pay $600 as a down payment and is making monthly

Harman [31]

Answer:

the equation is

p = 600 + 150x

x is month

5 0

2 years ago

How do you know a radical is like a radical?

Ilia_Sergeevich [38]

1.No denominator contains a radical.
2.no radicand contains a fraction

6 0

2 years ago

8.27 Any quarter has a face value of $0.25. An eccentric collector offers to buy state quarters for 600% of their face value. At

Svetach [21]

Answer:

$7.50

Step-by-step explanation:

First we find what is the value at which the eccentric collector offers to buy the quarters for. We know the value at which they will buy the quarter for is 600% of the face value - which is $0.25.

Now we do some math and find the value at which the person will buy the quarter for is $1.50.

Now we multiply the value by 50 since Larry would be giving 50 quarters.

$1.50*50 = 7.50

So, Larry will receive $7.50 for selling his 50 quarters to the eccentric collector.

4 0

1 year ago

Read 2 more answers