We are given
amount $11,000 to invest
so,
P=11000
For Compounded continuously:
P=11000
r=0.0625
t=10
now, we can use formula
![A=Pe^{rt}](https://tex.z-dn.net/?f=A%3DPe%5E%7Brt%7D)
now, we can plug values
and we get
![A=11000e^{0.0625*10}](https://tex.z-dn.net/?f=A%3D11000e%5E%7B0.0625%2A10%7D)
we get
![A=20550.70553](https://tex.z-dn.net/?f=A%3D20550.70553)
Amount is $ 20550.70553
For Compounded semi-annually:
P=11000
r=0.063
t=10
n=2
now, we can use formula
![A=P(1+\frac{r}{n} )^{n*t}](https://tex.z-dn.net/?f=A%3DP%281%2B%5Cfrac%7Br%7D%7Bn%7D%20%29%5E%7Bn%2At%7D)
now, we can plug values
and we get
![A=11000(1+\frac{0.063}{2} )^{2*10}](https://tex.z-dn.net/?f=A%3D11000%281%2B%5Cfrac%7B0.063%7D%7B2%7D%20%29%5E%7B2%2A10%7D)
now, we can simplify it
so, Amount is $20453.95666
so, amount for compounded continuously is greater...........Answer
Answer: r = 4
Step-by-step explanation:
To solve the equation 15 r - 6 r = 13, every thing is in order, all we need to do is subtract and then make r subject of the formula
15 r - 6 r = 36
9 r = 36
we then divide both-side of the equation by 9 to make r subject of the formula. Hence;
![\frac{9r}{9} = \frac{36}{9}](https://tex.z-dn.net/?f=%5Cfrac%7B9r%7D%7B9%7D%20%20%20%3D%20%20%5Cfrac%7B36%7D%7B9%7D)
(On the left hand side of the equation; 9 will cancel out 9 leaving us with r. On the right hand side of the equation 9 will divide 36 which will give us 4)
r = 4
Therefore, the value of r is 4
Answer:
Calculate the percent value:
0.942 =
0.942 × 100/100 =
(0.942 × 100)/100 =
94.2/100 =
94.2%;
In other words:
1) Multiply that number by 100.
2) Add the percent sign % to it.
Answer:
0.942 = 94.2%
Step-by-step explanation:
Answer:
Can you show a picture? Or like tell us the options?
Answer:
you are correct
because when you add and calculate All the answers you will know it is correct