Answer:
Robert will have $481 more in his account than Cooper.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Continuous compounding:
Similar to compound interest:
Cooper:
Cooper invested $3,100 in an account paying an interest rate of 2% compounded quarterly. This means that 
After 12 years is A(12). So
Cooper will have $3938.5 in his account.
Robert:
Robert invested $3,100 in an account paying an interest rate of 3 % compounded continuously. So 
.
After 12 years.
Robert will have $4419.9 in his account.
How much more money would Robert have in his account than Cooper, to the nearest dollar?
4419.9 - 3938.5 = 481.4
To the nearest dollar, Robert will have $481 more in his account than Cooper.
Answer: 7.5 mph
Step-by-step explanation:
2.5 * 3 = 7.5
Answer:
11.45mm^2
Step-by-step explanation:
Given data
Circumference= 12mm
The expression for the circumference is
C= 2πr
12= 2*3.14*r
12= 6.28r
r= 12/6.28
r= 1.91mm
Hence the area of each small circle is
A= πr^2
A= 3.14*1.91^2
A= 3.14*3.6481
A=11.45mm^2
Answer: 
<u>Step-by-step explanation:</u>
(7, 6)
Use Pythagorean Theorem to find the hypotenuse:
7² + 6² = c²
49 + 36 = c²
85 = c²
√85 = c
adjacent = 7, opposite = 6, hypotenuse = √85
sec θ = 
=
answer 16.99%
We are given this function:
8700 is the initial amount.
1.04 shows the change of original amount. This is decimal form of percentage. We need to transform it into regular percentage.
1.04 * 100% = 104%
Now we observe this number. If it is greater than 100% we have growth, if it is lower than 100% it is decay, and if it is equal to 100% than there is no change.
In our case this number is greater than 100% so we have growth. To determine the percentage rate we must substract 100% as it represents the original amount.
104% - 100% = 4%
This would be our solution if we don't have an exponent.
We have exponent so first step is to calculate the number and then we repeat the steps from above.
1,16985856 * 100% ≈ 116,99%
116.99% - 100% = 16.99%
So, final solution is growth of 16.99%
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