Answer:
2 hours and 15 minutes
Step-by-step explanation:
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.
Answer:
50%
Step-by-step explanation:
there are 8 students and 4 are shorter than 65 inches.
So 4 divided by 8 = 0.5 or 50%
Perimeter of figure = 3 sides of rectangle + perimeter of semi-circle.
3 sides of rectangle = 15 + 12 + 15 = 42
Perimeter of semi-circle = πr = 3.14 * 6 = 18.84
In short, Your Answer would be: 42 + 18.84 = 60.84 m
Hope this helps!
Answer:
sorry i need this for a challenge.
Step-by-step explanation:
