Yesterday morcia walked from home 3 km towards school plus half the distence to her school. At the end of the walk she arived at
1 answer:
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<h2>Answer:</h2>
Account B will yield more.
<h2>Step-by-step explanation:</h2>Savings account A and savings account B both offer APRs of 5%
But savings account A compounds interest annually, while savings account B compounds interest monthly.
Lets check which account will yield more :
<h2>Account A.</h2>Lets take p = 10,000
r = 5% or 0.05
n = 1
t = 1
Compound interest formula is :
Substituting values in formula;
= $10500
<h2>Account B:</h2>Lets take p = 10,000
r = 5% or 0.05
n = 12
t = 1
Compound interest formula is :
Substituting values in formula;
= $10510
We can see that account B gives more yield as compared to account A. When an account is compounded monthly, we earn interest on interest. This is why we yield more.
Therefore, account B will yield more.
Answer:
Each banana costs $0.33.
Step-by-step explanation:
This can be solved as a rule of three problem.
Rule of three problem:
In a rule of three problem, the first step is identifying the measures and how they are related, if their relationship is direct of inverse.
When the relationship between the measures is direct, as the value of one measure increases, the value of the other measure is going to increase too. In this case, the rule of three is a cross multiplication.
When the relationship between the measures is inverse, as the value of one measure increases, the value of the other measure will decrease. In this case, the rule of three is a line multiplication.
In this problem, the measures are:
- The number of bananas bought
- The total cost
As the number of bananas bought increases, the total cost will increase too, which means that our rule of three is direct.
3 banatas costs $1. We want to know how much costs each banana, so:
3 bananas - $1
1 banana - $x
3x = 1
x = 0.33
Each banana costs $0.33.