Answer:
- The total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 0.5 years is $ 309.00.
- The total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 1 year is $ 318.27.
Step-by-step explanation:
a) How much will you have at the middle of the first year?
Using the formula
where
Given:
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 0.5 years
To determine:
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 $ 300.00 at a rate of 6% per year compounded 2 times per year over 0.5 years is $ 309.00.
Part b) How much at the end of one year?
Using the formula
where
Given:
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 1 years
To determine:
Total amount = A = ?
so using the formula
so substituting the values
$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 1 year is $ 318.27.
c. No. You have a probability of winning, while your friend has a
probability of winning.
Or it’s A
Answer: = x11+x2+2
Step-by-step explanation:
To find out how much she earned hourly, all we need to do is divide 312 and 39
312 ÷ 39 = 8
Therefore, she was paid $8 per hour
Hope this helps!
Answer:
The value of AB is and it's not possible to multiply BA.
Step-by-step explanation:
Consider the provided matrices.
,
Two matrices can be multiplied if and only if first matrix has an order m × n and second matrix has an order n × v.
Multiply AB
Matrix A has order 2 × 2 and matrix B has order 2 × 1. So according to rule we can multiply both the matrix as shown:
Hence, the value of AB is
Now calculate the value of BA as shown:
Multiply BA
Matrix B has order 2 × 1 and matrix A has order 2 × 2. So according to rule we cannot multiply both the matrix.
We can multiply two matrix if first matrix has an order m × n and second matrix has an order n × v.
That means number of column of first matrix should be equal to the number of rows of second matrix.
Hence, it's not possible to multiply BA.