Savings account100 shares x $9.75 = $975, then multiplied by 0.045 will result to $43.89.
Stock100 shares x $9.75 = $975, then multiplied by 0.08 will result to $78.00.
So, the difference between your stocks and savings account by end of the year is $34.11 ($78.00 deducted by $43.89).Your stock is gaining higher APR by $34.11 than what's calculated in your savings account.
To double the principle the formula is
2p=p e^rt
2=e^rt
2=e^0.12t
Solve for t
T=(log(2)÷log(e))÷0.12
T=5.78 years
99.9 is the answer is that ok
Answer:
1. $8.30
Step-by-step explanation:
so 3 hats were purchased and each cost 15.50 so
15.50*3=46.50
and the rest of the 96.30 is 6 keychains so
96.30-46.50=49.80
and there is 6 keychains
49.80/6=8.30
Each key chain was $8.30
Claire's answer is unreasonable because when we got the price of the keychains all together in Claire's mind the total for the keychains would be $4.98, which we clearly got the total for the keychains at $49.80.
Our parabola open downward and therefore a is negative.
Explanation:
As value of a changes from positive to negative or from negative to positive, the direction of opening changes. For negative values of a we got negative parabolas that open downward. As the original formula y = x^2 we see that x^2 will always be positive because when you square a number it always gives positive value. Therefore the direction for which it will open, depends on value of a.
