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.
The length of the radius of circle o is 18 cm.
<h2></h2><h2>Given that</h2>
Circle o has a circumference of 36π cm.
<h3>We have to determine</h3>
What is the length of the radius, r?
<h3>According to the question</h3>Circle o has a circumference of 36π cm.
The length of the radius of the circle is determined by the following formula;
Substitute all the values in the formula;
Hence, the length of the radius of circle o is 18 cm.
To know more about Circumference click the link given below.