Answer:
8 1/7 is your answer
Step-by-step explanation:
Answer:
123.00 and 472.00
Step-by-step explanation:
can't really do much except add 0's since those numbers are whole numbers
Answer:
the rate compounded semi-annually is compounded twice in a year. thus, this rate is higher than the rate compounded annually which is compounded once in a year
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
For example, there are two banks
Bank A offers 10% rate with semi-annual compounding
Bank B offers 10% rate with annual compounding.
If you deposit $100, the amount you would have after 2 years in each bank is
A = 100x (1 + 0.1/2)^4 = 121.55
B = 100 x (1 + 0.1)^2 = 121
The interest in bank a is 0.55 higher than that in bank B
Let the width be w
Width = w
Length = w + 6
Area = a
a = w(w + 6)
a = w² + 6w
Answer: a = w² + 6w
