Answer:
5
Step-by-step explanation:
5x5=35
Answer: Yes
Step-by-step explanation:
Given that:
Distance from present location to CheapGas = 4 miles
Price of gas at CheapGas is $0.37 cheaper
Hence, the decision to make a U-turn back to CheapGas or continue on intended destination will rely on two factors ;
1) The number of gallons of gas to purchase
2) The cost of gas required to return to cheap gas.
If a substantial amount of gas is to be purchased, may be 50, 100 or more gallons, the amount saved by making a turn back to cheapGas and purchase gas at $0.37 cheaper per gallon.
If you're going to use technology (Brainly) to solve this problem, you might find you get a quicker answer using the technology of your graphing calculator.
It is often convenient to cast the problem in the form f(θ) = 0. You can do that by adding 1 to both sides of the equation.
Answer:
$633,493
Step-by-step explanation:
Answer:
Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
Step-by-step explanation:
We use the Total Amount generated using compound interest formula to solve this question
Formula =
Total Amount(A) = P(1 + r/n)^nt
a) For Harrison
Principal = $200
Interest rate = 2% = 0.02
Time = 2 years
n = compounding quarterly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.02/4)^2×4
A = $2,000(0.005)^8
A = $ 2081.4140878
A = $ 2,081.41
b) For Sherry
Principal = $200
Interest rate = 4% = 0.04
Time = 2 years
n = compounding monthly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.04/12)^2×12
A = $2166.2859184
A = $ 2,166.29
The Total Amount for
Harrison = $ 2,081.41
Sherry = $ 2,166.29
Hence, from the above calculation, Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
