Answer: First off, what answer are you looking for? it's hard for me to answer something without specification.
Step-by-step explanation:
Answer:
the rate compounded semi-annually is compounded twice in a year. thus, this rate is higher than the rate compounded annually which is compounded once in a year
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
For example, there are two banks
Bank A offers 10% rate with semi-annual compounding
Bank B offers 10% rate with annual compounding.
If you deposit $100, the amount you would have after 2 years in each bank is
A = 100x (1 + 0.1/2)^4 = 121.55
B = 100 x (1 + 0.1)^2 = 121
The interest in bank a is 0.55 higher than that in bank B
Answer:
98°
Step-by-step explanation:
x = 53° + 45° { exterior angle of a triangle is equal to the sum of two opposite interior angles }
x = 98°
If it takes one person 4 hours to paint a room and another person 12 hours to
paint the same room, working together they could paint the room even quicker, it
turns out they would paint the room in 3 hours together. This can be reasoned by
the following logic, if the first person paints the room in 4 hours, she paints 14 of
the room each hour. If the second person takes 12 hours to paint the room, he
paints 1 of the room each hour. So together, each hour they paint 1 + 1 of the 12 4 12
room. Using a common denominator of 12 gives: 3 + 1 = 4 = 1. This means 12 12 12 3
each hour, working together they complete 13 of the room. If 13 is completed each hour, it follows that it will take 3 hours to complete the entire room.
This pattern is used to solve teamwork problems. If the first person does a job in A, a second person does a job in B, and together they can do a job in T (total). We can use the team work equation.
Teamwork Equation: A1 + B1 = T1
Often these problems will involve fractions. Rather than thinking of the first frac-
tion as A1 , it may be better to think of it as the reciprocal of A’s time.
World View Note: When the Egyptians, who were the first to work with frac- tions, wrote fractions, they were all unit fractions (numerator of one). They only used these type of fractions for about 2000 years! Some believe that this cumber- some style of using fractions was used for so long out of tradition, others believe the Egyptians had a way of thinking about and working with fractions that has been completely lost in history.