<u />The greater change is represented by the absolute magnitude
|-34| = 34
|-67| = 67
67 > 34
<u><em>-67 represents the greater change</em></u>
Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
Cubic inches
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Factors are the numbers you multiply together to get given number.
All possible factorizations of number 18 by two factors are:
- 18=1·18;
- 18=2·9;
- 18=3·6.
Answer: 1 and 18, 2 and 9, 3 and 6.
Answer:
Step-by-step explanation:
Exponential function representing final amount with compound interest compounded continuously,
Here, A = Final amount
P = principal amount
r = Rate of interest
t = Duration of investment
For P = $9600
r = 6%
A = 2 × 9600 = $19200
By substituting these values in the formula,
ln(2) = 0.06t
t = 
t = 11.55245
t ≈ 11.5525 years
Any amount will get doubled (with the same rate of interest and duration of investment) in the same time.
Therefore, $960000 will get doubled in 11.5525 years.
