Answer:
Investment with interest rate 0.1872 is better
Step-by-step explanation:
Given as :
George investment principal = $20,000
The Rate of interest (R1) = 18
% =
%
I.e R1 = 18.67 %
Again The The Rate of interest (R2) = 0.1872 = 18.72 %
Let the time period for both rate of interest = 1 years
Now from compound interest method
Amount = Principal ×
Or, A 1 = $ 20 , 000 ×
Or, A 1 = $ 20 ,000 × 1.1867
∴ A 1 = $ 23,734
And A 2 = $ 20 , 000 ×
Or, A 2 = $ 20 ,000 × 1.1872
∴ A 2 = $ 23,744
Hence From the calculation of both amount it is clear that , investment with interest rate 0.1872 is better . Answer
Answer:
7:45 is the answer. If it pm, then the answer would be 19:45
Answer:
11 weeks
Step-by-step explanation:
30-8=22
22/2= 11
The number of months it would take the bunny farm to triple in size is 5.3 months.
<h3>When would the bunny farm be triple its size?</h3>
The formula that can be used to determine the number of months it would take Mrs. Galicia's bunnies to triple in size is:
Number of years = (In FV / PV) / r
- FV = future population of the bunnies
- PV = present population of the bunnies
- r = rate of growth
- FV / PV = 3
IN(3) / 0.2075 = 5.3 months
To learn more about tripling time, please check: brainly.com/question/21841217