Another one please help thankyouu!!

Skylar plans to use $3400 to open a savings account with an annual interest rate of 1.15%. How much more interest will he earn o

Tanzania [10]

Answer:

$ 2.5

Step-by-step explanation:

Given that

Total Amount to be invested = P = $3400

Total Time of investment = t = 13 years

Rate of interest = r = 1.15 %

Lets calculate Simple interest first

As we know formula for simple interest is

$A = P (1 +r)^{t}$

Substituting the values

$A = 3400(1+ \frac{1.15}{100} )^{13}$

A = $ 3944.9

Lets now calculate the compound interest

As we know formula for simple interest is

$A = P (1 + \frac{r}{n})^{nt}$

As compound interest applies every 3 months so n =3

So,

$A = 3400 (1 + \frac{1.15}{100*4} )^{13*4}$

A = $ 3947.4

Now Lets calculate how much more he will earn using compound interest.

It can be found by taking difference of compound interest and simple interest

Amount = 3947.4 - 3944.9 = $ 2.5

So Skyler must have earned 2.5 dollar more using the compound interest.

8 0

3 years ago

1. Insert a rational number and an irrational numbers between A)0.1 and 0.11

Zolol [24]

For this case we have the following definition:
A real number can be a rational number or an irrational number.
The rational numbers are those that can be expressed as the quotient of two integers, such as 3/4, -21/3, 5, 0, 1/2, while the irrational numbers are all the others.
Between 0.1 and 0.11 we have:
Rational number: 105/1000 = 0.105
Irrational number: 01057685429832687

5 0

3 years ago

What is the measure

nekit [7.7K]

Answer:

b = 12

Step-by-step explanation:

Complementary angles add to 90 degrees

a+b = 90

78+b = 90

Subtract 78 from each side

78-78+b = 90-78

b = 12

5 0

3 years ago

Please help me with this one question, and I'll upvote the brainliest answer

ra1l [238]

Answer: " x = 12 " .

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Step-by-step explanation:

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Note: If 2 (two) triangles are "similar" ; then their corresponding sides are "proportional".

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Since one of the sides [the "hypotenuse"] of one the triangles given ; shows the measurement containing an expression with a value of "x" — specifically; " 6x + 28 " ;

→ And since we want to solve for the value of "x" ; we use this "hypotenuse" of said particular triangle to set up a "proportion" with corresponding sides; so we can solve for "x" :

→ Set up proportions as a "ratio" ; or fraction:

→ 7:28::25:(6x + 28) ; Solve for "x" ;

Let us write this in the form of a "fraction" :

→ $\frac{7}{28} = \frac{25}{(6x+28)}$ ;