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3 years ago

The savings account offering which of these APRs and compounding periods

Mathematics

2 answers:

Ann [662]3 years ago

7 0

Answer:

The answer is "Option C"

Step-by-step explanation:

The using formula $= (1+\frac{r}{n})^n -1$

→r = rate

→ n = compounded value

In choice a:

When compounded is monthly $4.0784\%$

$n = 12$

$\to (1+ \frac{0.040784}{12})^{12} = 1.0403-1 = 0.0403$

In choice b:

When compounded is quarterly $4.0792\%$

$n = 3\\\\\to (1+ \frac{0.040792}{12} )^{3} = 1.0102-1 = .0102$

In choice c:

Whenn compounded is daily $4.0730 \%$

$n = 365\\\\\to (1+ \frac{0.040730}{12})^{365} = 3.328-1 = 2.328$

In choice d:

When compounded is semiannually $4.0798\%$

$n = 2\\\\\to (1+ \frac{0.040798}{12})^{2} = 1.0066-1 = 0.0066$

Yuri [45]3 years ago

3 0

Answer:

C. 4.0730% compounded daily

Step-by-step explanation:

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Which inequality represents the sentence? The difference of seven and two tenths and a number is more than twenty nine. 7. 2 - n

Slav-nsk [51]

The inequality which represent, the difference of seven and two tenths and a number is more than twenty-nine, is

$7.2-n > 29$

<h3>What is the inequality equation?</h3>

Inequality equation is the equation in which the two expressions are compared with greater than, less than or other inequality signs.

Inequality is represented with the greater then(<), less then(>) or with the other inequity signs like less than equal to $\leq$ or greater than equal to $\geq$ .

Tenth is written as the fractional part of the number 10. The value of one tenth is equal to 1/10 or 0.1.

The sentence given for the inequality expression is, that the differences of seven and two tenths, and a number is more than twenty-nine.

The number seven and two tenths can be written as,

$7\dfrac{2}{10}$

Suppose the unknown number is n. Now, the differences of seven and two tenths, and this number (<em>n</em>) is more than twenty-nine. The more than word means, the greater than sign for equation. Thus, it can be expressed as,

$7\dfrac{2}{10}-n > 29\\\dfrac{72}{10}-n > 29\\7.2-n > 29$