what is the second term in a geometric sequence is 50. the forth term in the same sequence is 112.5 what is the common ratio in
1 answer:
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Answer: In fraction :
In Decimal : 0.746
Step-by-step explanation:
Given : A ream of paper contains 500 sheets of paper.
Norm has 373 sheets of paper left from a ream.
Then, the fraction of ream Norm has will be :-
To convert in decimal we divide 373 by 500, we get 0.746.
Hence, The portion of a ream Norm has as = or 0.746
Answer:
a)
The function that represents the value of the account at any time, t
b)
The total amount accrued, principal plus interest, from compound interest on an original principal of $ 5,500.00 at a rate of 3.75% per year compounded continuously over 6 years is $ 6,887.77.
Step-by-step explanation:
a. Write the function that represents the value of the account at any time, t.
The function that represents the value of the account at any time, t
where
A represents the Future Value
P represents the Principle (Initial Value)
r represents the Interest rate
t represents the time
b) What will the value be after 6 years?
Given
The principal amount P = $5500
Annual Rate r = 3.75% = 3.75/100 = 0.0375
Time Period t = 6 years
To Determine:
The total amount A = ?
Using the formula
substituting the values
$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 5,500.00 at a rate of 3.75% per year compounded continuously over 6 years is $ 6,887.77.