2 years ago

Which is larger 0.849 or 1.08

Mathematics

1 answer:

Anit [1.1K]2 years ago

5 0

Answer:

the answer to this question is 1.08

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$~~~~~~ \textit{Compound Interest Earned Amount \underline{in 15 years}} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$400\\ r=rate\to 3\%\to \frac{3}{100}\dotfill &0.03\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{yeary, thus once} \end{array}\dotfill &1\\ t=years\dotfill &15 \end{cases}$

$A=400\left(1+\frac{0.03}{1}\right)^{1\cdot 15}\implies A=400(1.03)^{15}\implies A\approx 623.19 \\\\[-0.35em] ~\dotfill\\\\ ~\hfill y=400(1.03)^x~\hfill$

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2 years ago

A shelf in the Metro Department Store contains 90 colored ink cartridges for a popular ink-jet printer. Five of the cartridges a

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A )
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