Answer:
1.62533254
Step-by-step explanation:
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:
(2*2*1.5*1/3)+(2*1.5*4)= 14
Step-by-step explanation:
To find the area of a pyramid, you use the equation of 1/3 *lwh. When we place the values in there, we get 2*2*1.5*1/3, which is equal to 2. Then we solve the bottom part. Since it is a rectangular prism, we use the equation of lwh. When we insert the values, we get 2*1.5*4, which is equal to 12. Now, we take these two values of 2 and 12 and we combine them, giving us our final answer of 14.
Hellooo, it's me, you square numbers by
Answer: 32.5
Step-by-step explanation:
This is the answer on Khan Acadamy
