The answer is 1, good luck
Assuming he had not dealt with the bank offering plan B before, he has nothing deposited two years back. Hence plan B only gives him only 0.2% annual interest for his deposit.
Plan A gives 0.25% for his deposit all the time.
So plan A is more advantageous.
For durations,
To reach $1,000,000 from $100,000, the money needs to grow 10 fold, or
(1+i)^n=10
n=log(10)/log(1+i).
So for plan A:
n=log(10)/log(1.0025)=922.18 years, while for
plan B
n=log(10)/log(1.0020)=1152.44 years.
Hope the bank(s) still exist at that time.
Answer:
Yes
Step-by-step explanation:
A negative multiplied by another negative will turn into a positive. A positive multipled by a negative will stay as a negative.
You know that 6x+3 equals 45 because the two sides are equal. So you first put the equation 6x+3=45. Then you use the subtraction property of equality and subtract 3 from both sides. This gives you 6x=42. Then you divide 6 from both sides to get you final answer, x=7
Answer:
The answer is
Step-by-step explanation:
Area of a rectangle = length × width
Since we are finding the length
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From the question
area = 5/6 sq. feet
width = 2/3 foot
Substitute the values into the above formula and solve for the length
The length is
We have the final answer as
Hope this helps you
