Over time, compound interest at any rate will outperform simple interest. When the rates are nearly equal to start with, compound interest will be greater in very short order. Here, it takes less than 1 year for compound interest to give a larger account balance.
In 30 years, the simple interest will be
... I = P·r·t = 12,000·0.07·30 = 25,200
In 30 years, the compound interest will be
... I = P·(e^(rt) -1) = 12,000·(e^(.068·30) -1) ≈ 80,287.31
_____
6.8% compounded continuously results in more total interest
The correct answer is 3: 35
Explanation:
To calculate at what time Jenny will arrive in Rochefort, the first step is to calculate the approximate time of the trip. Now, to calculate this consider the time of a movement (t) equals to the distance (d) divided by the speed (s), the process is shown below:
t = 483 km / 84 km/h
t = 5.75 hours
In this number 5 refers to the hours and 0.75 represents 45 minutes considering 0.75 x 60 minutes in one hour = 45 minutes. Therefore, the total time from Paris to Rochefort is 5 hours and 45 minutes. Now, to calculate the time of arrival add this result to the time of departure.
Add the hours: 5 hours + 9 hours: 14 hours
Add the minutes: 50 minutes + 45 minutes =95 minutes
95 minutes are equivalent to 1 hour (60) minutes and 35 minutes
Calculate the total
Hours: 14 hours + 1 hour = 15 hours or 3 in the 12 hour system (15 hours - 12 hours = 3 p.m.)
Minutes: 35 minutes
Answer:
the tan of 36° = 0.726
Step-by-step explanation:
if you go on your calculator an press tan then 36 it gives you the answer
Answer:
D
Step-by-step explanation:
A cube is something that has the same length on all sides, so therefore, multiplying one of the side lengths by 3 gets you the answer.
