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2 years ago

Cam and Madison were investing money into two different accounts. They both invested $550

Mathematics

1 answer:

Arlecino [84]2 years ago

4 0

Answer:

After 5 years, Cam's account will have $ 616.04 while Madison's account will have $ 638.53.

Step-by-step explanation:

Given that Cam and Madison were investing money into two different accounts, both investing $ 550 each, and Cam invested into an account at an annual interest rate of 2.7% compounded monthly while

Madison invested into an account that had an annual interest rate of 3% compounded quarterly, to determine the balances of both accounts after 5 years, the following calculations must be performed:

Cam

X = 550 (1 + 0.027 / 12) ^ 5x12

X = 550 (1 + 0.027 / 12) ^ 60

X = 616.04

Madison

X = 550 (1 + 0.03 / 3) ^ 5x3

X = 550 (1 + 0.03 / 3) ^ 15

X = 638.53

Thus, after 5 years, Cam's account will have $ 616.04 while Madison's account will have $ 638.53.

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Answer:

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Step-by-step explanation:

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Length of original rectangle = 4.5 mm
Width of original rectangle = 4.3 mm

perimeter = 2 × ( length + width)

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2 years ago

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Serggg [28]

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2 years ago

I’m trying to correct this problem but I don’t know how can someone help me

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Remark

It is not a straight line distance from the park to the mall. None of the answers give you that result. And if you know what displacement is, none of the answers are really displacement either. The distance is sort of a "as the crow flies." distance. There's a stop off in the middle of town.

Method

You need to use the Pythagorean Formula twice -- once from the park to the city Center and once from the city center to the mall.

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a = 3 [distance east]

b = 4 [distance south]

c = ??

c^2 = 3^2 + 4^2 Take the square root of both sides.

c = sqrt(3^2 + 4^2)

c = sqrt(9 + 16) Add

c = sqrt(25)

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So the distance from the park to the city center is 5 miles

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a = 2 miles [distance east]

b = 2 miles [distance north]

c = ??

c^2 = a^2 + b^2 Substitute

c^2 = 2^2 + 2^2 Expand this.

c^2 = 4 + 4

c^2 = 8 Take the square root of both sides.

sqrt(c^2) = sqrt(8)

c = sqrt(8) This is the result

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Answer

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3 years ago

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