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.
7+7+7=21 is the same as saying 7 times 3+
=21
Answer:
Its false because
Step-by-step explanation:
3250-1250=1500+2.(1250-500)
2000 = 1500 + 2 . 750
2000 = 1500 + 1500
2000 != 3000
Obviously 2000 isnt the same of 3000
Answer:
Jose is incorrect.
Step-by-step explanation:
Using the communitive property, you can rearrange (-2x2), (3x), and (x) in the problem and get the same product. You can rearrange it to (3x)(x)(-2x2). You can rearrange it to (3x)(-2x2)(x). Now matter where you rearrange them, the equation will always have the same product.
The probability of winning a game out of 20 is 4 times.
