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Alex_Xolod [135]
3 years ago
15

Word problem:

Mathematics
1 answer:
Dahasolnce [82]3 years ago
4 0

Step-by-step explanation:

=2* ( l+b )

=2* ( 11.37+9.245 )

=2* 20.595

=41.19

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The Monthly Bank pays 3 percent interest, compounded monthly, on their savings accounts. The Daily Bank pays 3 percent interest,
Novosadov [1.4K]

Answer:

The amount that we should deposit in each bank is around $942.

Step-by-step explanation:

Case 1:

A=$1000

n = 12

t = 2

r = 3% or 0.03

p = ?

The compound interest formula is :

A=p(1+\frac{r}{n})^{nt}

Substituting values in the formula;

1000=p(1+\frac{0.03}{12})^{12\times2}

=> 1000=p(1.0025)^{24}

=> 1000=1.06175p

p=\frac{1000}{1.06175}

p = $941.84

Case 2:

A=$1000

n = 365

t = 2

r = 3% or 0.03

p = ?

1000=p(1+\frac{0.03}{365})^{365\times2}

=> 1000=p(1.0000822)^{730}

=> 1000=1.06184p

p=\frac{1000}{1.06184}

p = $941.76

The amount that we should deposit in each bank is around $942.

5 0
3 years ago
Read 2 more answers
Can you help me with this one
Vilka [71]
The answer is B. (Elite members earn 3 more points for every dollar spent and are awarded 100 more points per month than a regular memeber).
3 0
3 years ago
How to write five and nine tenth in expanded form
Kisachek [45]
5.9 is what your answer should be! :) Hope this helps! :)
4 0
3 years ago
Jamal spends $63.50 on supplies to make some woodworking items. If he sells his items for $7.25 each, how many items does he hav
qwelly [4]

Answer:

15.65 so round it to 16

Step-by-step explanation:

Add 50 and 63.5 then divide by 7.25

4 0
2 years ago
Read 2 more answers
M1|L7 1<br> Decimal Round<br> Round 5.489 to the nearest hundredth. )<br> Label the endpoints. )
vagabundo [1.1K]

Answer:

5.49

Step-by-step explanation:

5.48<u>9,</u> the number 9 that is underlined is 5 or more so you put that at 0 then it would be 5.48, but since the 8 is also 5 or more and is the hundreths place you round that to 9 giving you 5.49

3 0
2 years ago
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