Is 8/15 closest to 0,1/2"or 1
1 answer:
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Solution
For this case we can use the following formula:
Where:
P= 400800 = present value
A= future value
r= 0.055 interest rate
n= 4, number of times that the interest is compund in a year (quarterly)
t= 4 years
Replacing we got:
then the interest would be:
Answer:
a ≈ 14 or 6
Step-by-step explanation:
264 = π × a × (20 - a)
a(20 - a) = ≈ 84 (rounded off to nearest whole number)
Opening the brackets we get;
a² - 20a + 84 = 0
Applying the quadratic formula we get:
a ≈ 14 or 6