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mixer [17]
2 years ago
5

George says that an account that earns 4% interest compounded annually and an account that earns 2% interest compounded semi-ann

ually will be worth the same if the principals are the same
Mathematics
1 answer:
rosijanka [135]2 years ago
8 0

Answer:

the account won't yield the same amount despite the same principal amount.

Step-by-step explanation:

To test this assertion :

Let principal = $1000

t = 1 year

Compound interest formula :

A = P(1 + r/n)^nt

P = principal ; r = rate, n = number of times interest is compounded per period ; t = time

Account A :

Rate = 4% annually

A = 1000(1 + 0.04/1)^1

A = 1000 * 1.04 = $1040

Account B:

Rate = 2% compounded semianually ; n = 12 /6 = 2

A = 1000(1 + 0.02/2)^1*2

A = 1000(1.01)^2

A = 1000 * 1.0201

A = $1020.1

From the result, the account won't yield the same amount despite the same principal amount.

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the bike course is 80 miles long and I have ridden 44 miles of the course. what percentage have avridden?
andreev551 [17]
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8 0
3 years ago
2) A month of the year is randomly selected.
lara31 [8.8K]

Answer:

5/6

Step-by-step explanation:

The months of the year are: January February March April May June July August September October November December

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There are 10 months that do not start with A

P (month that does NOT begin with the letter A)

= number of months that do not start with A / total months

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3 years ago
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Step-by-step explanation:

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A data set has a median of 12, an upper quartile of 15, a lower quartile of 10, a minimum of 4, and a maximum of 20. Which state
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Given:

A data set has a median of 12, an upper quartile of 15, a lower quartile of 10, a minimum of 4, and a maximum of 20.

To find:

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