Answer:
- equivalent rate: 7.186%
- compounded 16 times
Step-by-step explanation:
The equivalent interest rate is the rate that would have to be applied so it would earn the same amount in 1 year. It is computed from ...
requiv = (1 +r/n)^n -1
requiv = (1 +0.07/4)^4 -1 ≈ 7.186%
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"Compounded quarterly" means interest is compounded 4 times per year. In 4 years, it will be compounded 4·4 = 16 times.
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The balance in the account after 4 years is ...
$600·(1 +.07/4)^(4·4) ≈ $791.96
Answer:
20.4 pounds
Step-by-step explanation:
Given that:
Weight of a coin = 7^-2 pounds
Weight of 1000 coins will be :
Weight per coin * number of coins
7^-2 * 1000
0.0204081 * 1000
= 20.408 pounds
= 20.4 pounds
Answer:
Step 1: Take the absolute value of each number. Step 2: Subtract the number with a smaller absolute value from the number with bigger or larger absolute value. Step 3: Copy the sign of the number with the bigger or larger absolute value.
Step-by-step explanation:
Step-by-step explanation:
a (-infinite , -3) U (3 , infinite)
b + 5 , - 5
Answer:
20dividedby4
Step-by-step explanation:
