Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
First step is to determine Jerry total deposit
over the two years
Total deposit = 24×$5
Total deposit= $144
Now let determine what the correct balance will be at end of two years
Using this formula
Maximum Amount=Principal (1+r)^t
<em>Where</em>:
Principal=$144
r=4.8%/12 = 0.4% or 0.004
t=24 months
Let plug in the formula
Maximum Balance = $144 (1.004)^24
Maximum Balance = $158.5
Based on the above calculation both Jerry $100 and Benny $163 balance are eliminated or rule out because the correct balance after two years is $158.5
Inconclusion Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
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It would be = because they shipped the same amount in each year
Answer:
The length of the edge of the cube = 4 inches
Step-by-step explanation:
* Lets describe the cube
- It has 6 faces all of them are squares
- It has 8 vertices
- It has 12 equal edges
∵ The volume of any formal solid = area of the base × height
∵ The base of the cube is a square
∴ Area base = L × L = L² ⇒ L is the length of the edge of it
∵ All edges are equal in length
∴ Its height = L
∴ The volume of the cube = L² × L = L³
* Now we have the volume and we want to find the
length of the edges
∵ Its volume = 64 inches³
∴ 64 = L³
* Take cube root to the both sides
∴ ∛64 = ∛(L³)
∴ L = 4 inches
* The length of the edge of the cube = 4 inches
