A rope is 56 in length and must be cut into two pieces. If one piece must be six times as long as the other, find the length of
2 answers:
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Answer: There is a difference of $ 1.0228.
Explanation: Given, initial amount or principal = $ 1000,
Time= 5 years and given compound rate of interest = $3.7%
Now, Since the amount in compound continuously,
, where, r is the rate of compound interest, P is the principal amount and t is the time.
Here, P=$ 1000, t=5 years and r= $3.7%,
Thus, amount in compound continuously ,
⇒
Therefore, interest in this compound continuously rate =1203.21844013-1000=203.21844013
now, Since the amount in compound quarterly,
, where, r is the rate of compound interest, P is the principal amount and t is the time.
Thus, amount in compound quarterly,
⇒
⇒
⇒
Therefore, interest in this compound quarterly rate=1202.19567617-1000=202.19567617
So, the difference in these interests=203.21844013-202.19567617=1.02276396 ≈1.0228
The unit price per ounce at Price club is $0.29 and the unit price per ounce at Shop Mart is $0.26
Step-by-step explanation:
Price of 12 ounce package at Price Club = $3.44
Unit rate per ounce =
Unit rate per ounce =
Price of 2 pound box at Shop Mart= $8.35
1 pound = 16 ounce
2 pound = 16*2 = 32 ounces
Unit rate per ounce =
Unit rate per ounce =
The unit price per ounce at Price club is $0.29 and the unit price per ounce at Shop Mart is $0.26
Keywords: unit rate, division
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Step-by-step explanation below
