Answer:
A. x is less than or equal to 1 OR x is greater than or more than 2
Answer:
Following are the solution to the given question:
Step-by-step explanation:
For question 1:
Calculating the speed between A and B:
For question 2:
Calculating the speed between B and C:
For question 3:
In this the speed between A and B is the double to speed between B and C.
Answer:
a. $10,943.30
b. $1,267.35
Step-by-step explanation:
P = $9,675.95
r = 6.25% = 0.0625
t = Compounded Semiannually = 2
a. Amount after 2 Years
n = 2
A = P [1 + (r / n)]^nt
A = $9,675.95 [1 + (0.0625 / 2)]² ˣ ²
A = $9,675.95 [1 + 0.03125]⁴
A = $9,675.95 [1.03125]⁴
A = $9,675.95 x 1.130982
A = $10,943.30
b. Compound Interest
Compound Interest = Final Amount - Principal Amount
Compound Interest = $10,943.30 - $9,675.95
Compound Interest = $1,267.35