Answer:
7n-6=-20
Step-by-step explanation:
six less than seven times a number
we'll use n as "the number"
six less meaning -6
7 times a number n = 7n
7n-6=-20
Answer:
Step-by-step explanation:
Estimating a sum by rounding to get the best estimate is the goal of this lesson. Notice that we try to estimate. We don't need to have an exact answer!
Notice that for numbers with two digits, there can only be one estimate because you can only round to the tens place.
Estimate the following sums: 36 + 21, 74 + 15, and 85 + 24
36 + 21 = 40 + 20 = 60
74 + 15 = 70 + 20 = 90
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.
