Can someone solve this?

George wants to invest $20,000 One investment pays interest at a rate of 18 2/3% while another pays interest at a rate of 0.1872

xz_007 [3.2K]

Answer:

Investment with interest rate 0.1872 is better

Step-by-step explanation:

Given as :

George investment principal = $20,000

The Rate of interest (R1) = 18 $\frac{2}{3}$ % = $\frac{56}{3}$ %

I.e R1 = 18.67 %

Again The The Rate of interest (R2) = 0.1872 = 18.72 %

Let the time period for both rate of interest = 1 years

Now from compound interest method

Amount = Principal × $(1 + \frac{Rate}{100})^{Time}$

Or, A 1 = $ 20 , 000 × $(1 + \frac{18.67}{100})^{1}$

Or, A 1 = $ 20 ,000 × 1.1867

∴ A 1 = $ 23,734

And A 2 = $ 20 , 000 × $(1 + \frac{18.72}{100})^{1}$

Or, A 2 = $ 20 ,000 × 1.1872

∴ A 2 = $ 23,744

Hence From the calculation of both amount it is clear that , investment with interest rate 0.1872 is better . Answer

7 0

3 years ago

Members of the track team can run 400 min an average time of 64.6 seconds. The

vova2212 [387]

Answer:

T maximum=T average -7.8 seconds

T minimum=T average +7.8 seconds

Step-by-step explanation:

Calculation for the equation that can be

use to find the maximum and minimum times for the track team

Using this equation to find the maximum times for the track team

T maximum=T average -7.8 seconds

T maximum=64.6 seconds-7.8 seconds

Using this equation to find the minimum times for the the track team

T minimum=T average +7.8 seconds

T minimum=64.6 seconds +7.8 seconds

Therefore the equation for the maximum and minimum times for the track team are :

T maximum=T average -7.8 seconds

T minimum=T average +7.8 seconds

6 0

2 years ago

How many solutions does the following equation have? − 4 ( x + 5 ) = − 4 x − 20 −4(x+5)=−4x−2

Svetach [21]

Answer:

-4x - 20= -4x - 20

Step-by-step explanation:

Multiply -4 and x and -4 and 5. It has infinite solutions

3 0

3 years ago

Statisticians use ______ scores to divide the ______ under a curve the way people use a knife to cut pizza. Just as the pizza is

solong [7]

Answer:

Statisticians use z-scores to divide the area under a curve the way people use a knife to cut pizza.

Step-by-step explanation:

Statisticians use z-scores to divide the area under a curve the way people use a knife to cut pizza.

z-score:

A z-score is a numerical measurement which is measured in terms of standard deviations from the mean.
Formula:

$z_{score} = \displaystyle\frac{x-\mu}{\sigma}$

If a z-score is 0, it tells that the data point is same as the mean.
Area under the normal curve is 1.

6 0

3 years ago

The length of a rectangle is 5 inches shorter than double its width. The perimeter of the rectangle is 192 inches. Write a two-s

alukav5142 [94]

Answer:

Step-by-step explanation:

Givens

Let the width = x

Let the length = x + 5

Equation

2w + 2W = P

Solution

2x + 2(x + 5) = 192 Remove the brackets <=== Answer

2x + 2x + 10 = 192 Combine like terms

4x + 10 = 192 Subtract 10 from both sides

4x = 192 - 10

4x = 182 Divide by 4

4x/4 = 182/4

x = 45.5

8 0

2 years ago