Can someone help me with this question please.
1 answer:
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Jane must therefore deposit her savings in the four rivers bank.
<h3>What is compound interest?</h3>Interest that is added to a loan and deposit sum is known as compound interest. In our everyday lives, it is the notion that is employed the most frequently. Compound interest is calculated as a sum using the interest and principal accrued over time. Compound interest versus simple interest differ primarily in this way.
As per the data provided in the question,
Rate, r = 12%
After five years, the total amount, if Jane had saved at Mystic Bank,if Jane had saved at Mystic Bank would be:
For compounded quarterly,
n = 5 × 4
n = 20
A = 40000(1 + 12/(4 × 100))²⁰
A = 72244.44 (i)
If Jane placed her savings with the Four Rivers, then,
A = 40000(1 + 14/(2 × 100))¹⁰
A = 40000 × 1.9671
A = 78686.054 (ii)
Therefore, it is evident that case (ii) is higher than case (i). Jane must therefore deposit her savings in the four rivers bank.
To know more about Compound Interest:
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Answer:
acute scalene triangle
Step-by-step explanation:
The largest angle is acute, and all sides are different lengths. The triangle is an<em> acute scalene triangle</em>.
____
The magnitudes of the coordinate differences are ...
WX = (7, 5), XY = (2, 7), WY = (9, 2)
The two sides that are closest in length are ...
WX = √(49+25) = √74
WY = √(81 +4) = √85
Obviously, these are different lengths.
You can get a clue by comparing the numbers whose squares you are adding:
7^2 +5^2 > 7^2 +2^2 . . . . . WX > XY
9^2 +2^2 > 7^2 +2^2 . . . . WY > XY
so, the only question is relation between WX and WY. We note that the length of WX is less than one of the coordinate differences of WY, so we know WY is the longest. (√74 < 9)
We can tell from the graph that angle X (opposite longest side WY) is an acute angle, so the triangle is acute.
