What type of proportion is shown in 12 : 4 = 24 : 8?
1 answer:
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<h3>Geometric mean of 5 and 7 is 5.9161</h3>
<em><u>Solution:</u></em>
Given that,
We have to find the geometric mean of 5 and 7
The geometric mean of two numbers a and b is the square root of product of a and b
Which means,
Thus geometric mean of 5 and 7 is 5.9161
Answer:
Connor will earn more interest because he is getting compound interest.
Step-by-step explanation:
I have to assume in this case that the interest is 3.5% Per year:
Simple Interest = P(r + t)
{P = Principle, r = interest rate, t = time)
Wendy = $8,300 x (3.5% x 25)
Wendy = $7,262.50 (2 d.p)
Wendy = $8,300 + $7,262.50
Wendy = $15,562.50
Compound Interest =
{P = Principle, r = interest rate, t = time)
Connor = $8,300 x
Connor = $19,614.93
Wendy's Interest = $15,562.50 - $8,300 = $7,262.50
Connor's interest = $ 19,614.93 - $8,300 = $11,314.93
<em><u>Connor earned more interest by $4,052.43</u></em>
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