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dusya [7]
2 years ago
13

How is compound interest different from simple interest?

Mathematics
1 answer:
muminat2 years ago
6 0

Answer:

D. Compound interest accrues on the interest, as well as the

principal.

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If Jake drove 3/4 of the 128-mile trip, how many miles did he drive?
Gnoma [55]
3/4*128=96
He drove 96 miles
7 0
3 years ago
Read 2 more answers
The total value of an investment was $305.33 after $240 was invested for 10 years compounded monthly. Find the interest interest
Westkost [7]

Answer:

Interest rate = 2.41%

Step-by-step explanation:

The total value of an investment was $305.33 after $240 was invested for 10 years compounded monthly. Find the interest rate.

The formula to calculate the Interest rate for a Compound Interest is given as:

Solving for rate r as a decimal

r = n[(A/P)^1/nt - 1]

r = 12 × [(305.33/240.00)^1/(12)(10) - 1]

r = 0.0240996

Then convert r to R as a percentage

R = r * 100

R = 0.0240996 * 100

R = 2.41%/year

Therefore, the Interest rate = 2.41%

3 0
3 years ago
Evan is making shelves out of the 12 ft section of wood in his garage. His shelves need to be 1.6 ft long. How many shelves can
Fofino [41]

Answer:

He can make 7.5 shelves so, 7 shelves.

4 0
4 years ago
Assume that power surges occur as a Poisson process with rate 3 per hour. These events cause damage to a computer, thus a specia
lidiya [134]

Answer:

a) 0.30327

b) 0.07582

Step-by-step explanation:

This is a Poisson distribution problem

Poisson distribution probability function is given as

P(X = x) = (e^-λ)(λˣ)/x!

where λ = mean = 3 power surges per hour

x = variable whose probability is required

a) If a single disturbance in 10 minutes will crash the computer, what is the probability of the computer crashing, that is probability of a single disturbance (power surge) in 10 minutes?

λ = 3 disturbances per hour = 1 disturbance per 20 minutes = 0.5 disturbance per 10 minutes.

P(X = x) = (e^-λ)(λˣ)/x!

λ = 0.5 disturbance per 10 minutes

x = 1 disturbance per 10 minutes

P(X = 1) = (e^-0.5)(0.5¹)/1! = (e⁻⁰•⁵)(0.5)/1!

= 0.30327

b) If two disturbances in 10 minutes will crash the computer, what is the probability of the computer crashing, that is probability of two disturbances (power surges) in 10 minutes?

λ = 3 disturbances per hour = 1 disturbance per 20 minutes = 0.5 disturbance per 10 minutes.

P(X = x) = (e^-λ)(λˣ)/x!

λ = 0.5 disturbance per 10 minutes

x = 2 disturbance per 10 minutes

P(X = 2) = (e^-0.5)(0.5²)/2! = (e⁻⁰•⁵)(0.25)/2!

= 0.07582

Hope this Helps!!!

3 0
4 years ago
BRAINLIEST
Deffense [45]

Answer:

12.56 cubic inches

Step-by-step explanation:

V= π r^2 h/3

V= 3.14(2^2)(3/3)

V=3.14(4)(1)

V= 12.56

7 0
3 years ago
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