Answer:
22.2710574513
Step-by-step explanation:
Answer: A
Compound interest simply defined as the interest added at regular interval. Compound interested can be calculated using
Compound interest = P (1+) ^nt and Pe ^rt
P = Initial balance
r = Annual interest rate
n = Number of times the interest is compounded per year
t =Number of year money is invested
Using
Compound interest = P (1+ ) ^nt
Continuous
P= $ 8000
t = 6
r = 6.25%
=
= 0.0625
n = 1
Compound interest = 8000 (1+) ^1×6
= 8000 (1 + 0.0625) ^6
= 8000 (1.0625) ^ 6
= 8000× 1.4387
= $11,509.6
Semi- annually
P= $ 8000
t = 6
r = 6.3%
=
= 0.063
n = 2
Compound interest = 8000 (1+) ^2×6
= 8000 (1 + 0.063) ^12
= 8000 (1.063) ^12
= 8000× 1.4509
= $11,607.0
Investing $ 8000 semi-annually at 6.3% for 6 years yields greater return
Therefore the answer is (A)
Answer:
complete the pattern 1,2,4,8, 10 and 12 and 14
Step-by-step explanation:
The total expenses stay the same at $92,039.
The income changes to 12,000 × $35 = $420,000.
So the profit is $420,000 − $92,039 = $327,961.
18L = 18,000 ML
18,000 (ML) ÷ 60 (seconds)
18,000 ÷ 60 = 300ML/sec
