There is either a thereom or postulate that states that if 2 such angles share the same arc, then the larger will be twice the angle of the smaller
so..
Amount in compound interest = p(1 + r/t)^nt where p is the initial
deposit, r = rate, t = number of compunding in a period and n = period.
Here,
Amount after 6 months (0.5 year) = 1,950(1 + (4.25/100)/4)^(0.5 x 4) = 1,950(1 +
0.0425/4)^2 = 1,950(1 + 0.010625)^2 = 1,950(1.010625)^2 = 1,950(1.0213629) =
$1,991.66
Compound interest = Amount - principal (initial deposit) = $1,991.66 - $1,950 = $41.66
The original number would be 7.5
(B)Calculate the estimated percent profit. Explain how you found the estimated percent profit.
Answer:
See Explanation
Step-by-step explanation:
<u>PART A</u>
Ed's Total Monthly Expense for each Loan is given below:

<u>PART B</u>
The percentage profit for each option is calculated below.

To calculate the percentage profit:
- Subtract the total monthly expense from the average monthly sales.
- Divide the result by 7500
- Multiply by 100.
Start at positive 10.
When adding a negative number move that many places to the left, so from positive 10 move 5 places to the left to get the answer which is positive 5