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 :
Substituting values in the formula;
=>
=>
p = $941.84
Case 2:
A=$1000
n = 365
t = 2
r = 3% or 0.03
p = ?
=>
=>
p = $941.76
The amount that we should deposit in each bank is around $942.
C; this is because the line of beat fit isn’t linear but curved in that one graph.
3:6,9,12,15,18
4:8,12,16,20,24
This is a proportion problem that involves cross multiplication
3/5 = x/650
650 x 3 = 1950
1950/ 5 =390
Or you could have done 650 x .6 (which is the decimal form of 3/5) and got 390 as your answer