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BabaBlast [244]
2 years ago
15

Gregory may choose between two accounts in which to invest $5000. Account A offers 2.3% annual interest compounded monthly. Acco

unt B offers continuous compound interest. Greg plans to leave his investment untouched (no further deposits and no withdrawals) for 10 years.
need help calculating account b's balance​
Mathematics
2 answers:
Aleksandr [31]2 years ago
5 0

Answer:

Step-by-step explanation:

gladu [14]2 years ago
4 0

Answer:

see below

Step-by-step explanation:

principal = $5,000

interest rate = 2.3%

account A: compound monthly for 10 years

account B: compound continuously for 10 years

account A: compound monthly for 10 years

A = P (1 + r/12)^ r*t

 = $5,000 (1 + .023/12)^ 12(10)

= $6,291.6

account B: compound continuously for 10 years

FVn = PV * e^r*t

      = $5,000 * e ⁽⁰ ⁰²³ˣ¹⁰⁾

      = $6,293

Gregory may chose account B. (but the difference is only $1.40)

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Dinesh has been keeping track of his time at work over the past month. Answer the questions below using the information provided
Gala2k [10]

The total hours that Dinesh worked each week over the past month are as follows:

<h3>Dinesh's Time in Hours</h3>

                Total Hours

                   Worked

Week 1        37.500    

Week 2       36.071

Week 3      35.999

Week 4      34.570

Total          144.140

<h3>Data and Calculations:</h3><h3>Dinesh's Time in Hours</h3>

                Meetings  Administration   Project X -  Project X-  Total Hours

                                                               Design   Deliverables    Worked

Week 1        7¹/₄               4¹/₄                  23¹/₃              2²/₃

Week 2       4²/₃              2⁴/₇                  16¹/₃              12¹/₂

Week 3      3.50             3.83                9.33              19.33

Week 4      6.17                3.40                4.20              20.80

<h3>Conversion into Dinesh's Time in Hours (decimals)</h3>

                Meetings  Administration   Project X -  Project X-  Total Hours

                                                              Design   Deliverables    Worked

Week 1        7.250            4.250           23.333           2.667          37.500    

Week 2       4.667            2.571             16.333         12.500          36.071

Week 3      3.500            3.833              9.333          19.333         35.999

Week 4       6.170            3.400             4.200        20.800          34.570

Total        21.587            14.054            53.199        55.300         144.140

Thus, Dinesh's total hours worked for the past month was <u>144.140 hours</u>.

Learn more about calculating hours worked at brainly.com/question/17054097

#SPJ1

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Jodi is cutting out pieces of paper that measure 8 1/2 inches by 11 inches from a larger sheet of paper that has an area of 1000
jolli1 [7]
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What do you mean? 
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The answer is D) s/cos55°

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