Mila invested $9,300 in an account paying an interest rate of 4\tfrac{7}{8}4
8
7
​
% compounded monthly. Carter invested $9,300 in an account paying an interest rate of 4\tfrac{3}{4}4
4
3
​
% compounded continuously. After 7 years, how much more money would Mila have in her account than Carter, to the nearest dollar?

Answer:

4.5%

Step-by-step explanation:

compound interest formula:

[tex]PV(1+\frac{i}{n})^{t*n}[/tex]

[tex]220=160(1+\frac{x}{365})^{365*7}\\\\1.375=(1+\frac{x}{365})^{2555}\\1.0001246=1+\frac{x}{365}\\x=.0454962254126[/tex]

this rounds to

x=4.5%

Aubrey would need an interest rate of 6.3%.

It is the interest we earned on the interest.

The formula for the amount earned with compound interest after n years is given as:

A = P [tex](1 + r/n)^{nt}[/tex]

P = principal

R = rate

t = time in years

n = number of times compounded in a year.

We have,

A = P [tex](1 + r/n)^{nt}[/tex]

A = the final amount (in this case, $220)

P = the initial investment (in this case, $160)

r = the interest rate (what we are trying to find)

n = the number of times the interest is compounded per year (since it's compounded daily, n = 365)

t = the time period (in years, in this case, 7)

Substituting in the given values and solving for r:

220 = 160(1 + r/365)^(3657)

220/160 = (1 + r/365)^(3657)

1.375 = (1 + r/365)^2555

ln(1.375) = 2555 ln(1 + r/365)

ln(1 + r/365) = ln(1.375)/2555

1 + r/365 = e^(ln(1.375)/2555)

r/365 = e^(ln(1.375)/2555) - 1

r = 365(e^(ln(1.375)/2555) - 1)

r ≈ 6.3%

Therefore,

Aubrey would need an interest rate of 6.3%.

Learn more about compound interest here:

https://brainly.com/question/13155407

#SPJ3

Answer:

she spend one hour and 43 minutes reading

Step-by-step explanation:

hope you have a great day kee learning

Answer:

a) 11/7 pages or about 1.57

b) 23/11 dollars or 2.09090909....... (goes on forever)

BRAINLIEST PLS

Answer:

C.

Step-by-step explanation:

Length * width * height = volume

15*9*9 = 1215

Answer:

Step-by-step explanation:

F(x) = 2 - x²

Answer:

30 units²

Step-by-step explanation:

a=1/2 ×length × width

a=1/2 × 12 ×5

a=6×5

a=30units squared

Answer:

The answer is A

Step-by-step explanation:

A closed circle means the number is included in the equation / solution. An open circle means it is not. The problem says greater than or equal to 36 inches tall which means that circle should be closed. And less than 48 inches. It does not say anything about being equal when it states the 48 inches so that one should be open.

The expression of 5.39 × 10⁷ metric tons in standard notation is; 53,900,000 metric tonnes

We are given the quantity of wheat produced each year as 5.39 × 10⁷ metric tons.

Now, that quantity is in exponent form and the way to express it in standard notation is to expand the exponent which gives;

5.39 × 10⁷ = 5.39 * 10 * 10 * 10 * 10 * 10 * 10 * 10

⇒ 5.39 * 10000000

⇒ 53,900,000 metric tonnes

The complete question is;

The U.S. produces 5.39 × 10⁷ metric tons of wheat each year. Express that number in standard notation

Read more about Standard notation at; https://brainly.com/question/5756316

#SPJ1

Answer:

The correct 90% confidence interval for the difference between women and men in the average number of hours of personal time taken per year is

contained by the interval (0.54 , 5.18)

Step-by-step explanation:

Given that:

for women

sample size  = n₁ = 16

sample mean [tex](\bar X_1)[/tex] = 24.75

standard deviation s₁ = 2.84

for men

sample size for men = n₂ = 7

sample mean [tex](\bar X_2)[/tex] = 21.89

standard deviation s₂ = 3.29

degree of freedom = [tex](n_1 + n_2 )-2[/tex]

= 16 + 7 -2

= 21

The critical value for [tex]\alpha = 0.1 \ and \ df \ of \ 21 \ is :[/tex]

[tex]t_{0.005;21}= 1.721[/tex]

The pooled standard deviation can be calculated as follows since the population variances are assumed to be equivalent.

[tex]s_p = \sqrt{\dfrac{(n_1 -1)s_1^2+(n_2-1)s_2^2}{n_1+n_2-2}}[/tex]

[tex]s_p = \sqrt{\dfrac{(16 -1)2.84^2+(7-1)3.29^2}{16+7-2}}[/tex]

[tex]s_p = \sqrt{\dfrac{(15)8.0656+(6)10.8241}{21}}[/tex]

[tex]s_p = 2.976[/tex]

The standard error is estimated as follow:

[tex]se = s_p\sqrt{\dfrac{1}{n_1} + \dfrac{1}{n_2}}[/tex]

[tex]se = 2.976\sqrt{\dfrac{1}{16} + \dfrac{1}{7}}[/tex]

se = 1.348

Finally, the confidence interval [tex]C.I = ( x_1 -x_2 -t_c \times se \ \ ; \ \ x_1-x_2 +t_c \times se)[/tex]

[tex]=(24.75 - 21.89 -1.721 \times 1.348 \ \ , \ \ 2475 - 21.89 + 1.721 \times 1.348) \\ \\ \mathbf{ = (0.54 \ \ , \ \ 5.18)}[/tex]

Answer:

Mr. adhakari deposited a sum of RS 2400 in a bank at 5% per year simple interest. how much interest would he get at the end of 4 year ?​ - 480 rs

Answer: the fountain is located at point (-1,-0.5)

Step-by-step explanation:

Answer: (-1 , -0.5)

Step-by-step explanation:

Answer:

h = 2 ft

Step-by-step explanation:

V = lwh

144 = (9)*(8)*(h)

144 = (72)*h

h = 144/72

h = 2 ft

Answer:

x=8

y=1

the point would be at (8,1)

Answer:

Step-by-step explanation:

x(x+8) = 450

x² + 8x - 450 = 0

Quadratic formula:

x = [-8±√(8²-4(1)(-450))]/[2(1)]

= [-8±2√466]/2

= -4±√466

≅ 17.59, -25.59

-25.59 is an extraneous solution, so x ≅ 17.6 inches.

The dimensions of the blackboard are 17.59 inches by 25.59 inches  

Answer:

15ft³

Step-by-step explanation:

Step-by-step explanation:

use pythagoras theorem

a squared +b squared =c squared

4.12 squared +8 squared =x squared

16.9744+64=x squared

take the square root of 80.9744

x=9

Answer:

27 cubic units

Step-by-step explanation:

A cube has equal dimensions. So the volume is 3units × 3units × 3units or 27cubic units

Answer:

remainder = 6

Step-by-step explanation:

Hope it helps.....

Answer:

14 x 6.9 x 8 = 56

Step-by-step explanation:

9514 1404 393

Answer:

  53

Step-by-step explanation:

Their average is the sum divided by 2: 108/2 = 54. This average is the even number between the two odd numbers of interest.

The smaller number is 53.

Answer:

X=4

Step-by-step explanation:

2(2x-4)+4=12

4x-8+4=12

4x-4=12

4x-4+4=12+4

4x=16

x=4

Answer:

15

Step-by-step explanation:

you would first have to put the numbers into this equation

180=(6x-8)+38+60

now you have to solve for x

180=(6x-8)+98

82=6x-8

100=6x

15=x

x=15

hope this helps! have a nice day :)

Answer:

its c

Step-by-step explanation:

because every angle in a acute triangle has to be less than 90 and the other two look bigger than angle x

Answer:

33%

Step-by-step explanation:

Answer:

y=5x

Step-by-step explanation:

first, we know that a rising line's slope is always positive, so the first one is incorrect

let's figure out the slope: y-y'/x-x' is the formula.

now, -5-5/-1-1= -10/-2= 5. so the slope of this line is 5.

835.71$

Step-by-step explanation:

is the answer just done it

Answer:

what

Step-by-step explanation:

Answer:

im confused

Step-by-step explanation:

Answer:

82+2>34

84>34

True

I hope this helps :)