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:
15a+12ac+6ab
Step-by-step explanation:
3a(5 + 4c + 2b)
5*3a = 15a
4c*3a = 12ac
2b*3a = 6ab
Answer:
the area of triangle ABC = 9
Step-by-step explanation:
Check the photo below for the details.
:)
Answer:
Step-by-step explanation:
From the question we are told that:
Dimension
r = 5 cm
t = 6.8 cm
∠T=23°
Generally the equation of sine rule i is mathematically given by
