Answer:
<
Step-by-step explanation:
5/1000 is a smaller value than 5/100
Essentially, you must multiply 22 by 400. You get 8800 km apart for your answer.
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Step-by-step explanation:
The given is,
Compounds money quarterly
Double your money in 10 years
Step:1
Formula to calculate future investment with compounded quarterly,
...............................(1)
Where, A - Future amount
P - Initial investment\
r - Rate of interest
n - No. of compounding in a year
t - No. of years
Step:2
Let, P = X
A = 2X ( Double your money )
From given, n - 4 ( for compounding quarterly )
t - 10 years
From equation (1)
Take root root on both side,
r = 6.992 %
Result:
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
The two friends will be 150 miles apart, when the sum of the distances covered by the them is 150 miles.
distance = speed x time.
Let the time covered when they are 150 miles apart be x, then:
40x + 35x = 150
75x = 150
x = 150/75 = 2.
Therefore, the two friends will be 150 miles apart in 2 hours.
If you factored this the outcome would be,
(q+3)(3p^2-4)