Mathematics, 10.06.2021 05:30 zionboy77

The required time is 3 years. mple 7: Find the compound interest of Rs 50,000 for 3 years if the rates of interest for
three years are 4 %, 5 % and 6 % p. a, respectively,

Answers: 1

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Answer from: wypozworski

Step-by-step explanation:

For 4%

A = $56,363.59

A = P + I where

P (principal) = $50,000.00

I (interest) = $6,363.59

calculation step

First, convert R as a percent to r as a decimal

r = R/100

r = 4/100

r = 0.04 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 50,000.00(1 + 0.04/12)(12)(3)

A = 50,000.00(1 + 0.003333333)(36)

A = $56,363.59

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $50,000.00 at a rate of 4% per year compounded 12 times per year over 3 years is $56,363.59.

for 5 %

A = $58,073.61

A = P + I where

P (principal) = $50,000.00

I (interest) = $8,073.61

calculation step

First, convert R as a percent to r as a decimal

r = R/100

r = 5/100

r = 0.05 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 50,000.00(1 + 0.05/12)(12)(3)

A = 50,000.00(1 + 0.004166667)(36)

A = $58,073.61

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $50,000.00 at a rate of 5% per year compounded 12 times per year over 3 years is $58,073.61.

For 6 %

A = $59,834.03

A = P + I where

P (principal) = $50,000.00

I (interest) = $9,834.03

calculation step

First, convert R as a percent to r as a decimal

r = R/100

r = 6/100

r = 0.06 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 50,000.00(1 + 0.06/12)(12)(3)

A = 50,000.00(1 + 0.005)(36)

A = $59,834.03

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $50,000.00 at a rate of 6% per year compounded 12 times per year over 3 years is $59,834.03.

Answer from: Quest

the first question mark is 6 and the second question mark is 26 (the square root)

step-by-step explanation:

Multiply. what is the product (3 * 10°) * (2 x 10") in scientificnotation? plzzz noww

Answer from: Quest

function 2 has a greater rate of change than function 1

function 2 has a greater y-intercept than function 1

step-by-step explanation:

$\newline{\text{the rate of change is change per unit time}}$ $\newline{\text{for (x,y), rate of change is }\frac{y_2-y_1}{x_2-x_1} \text{ or change in y divided by change in x}}$ $\newline{\text{for function 1, the cost goes up by 75-45=30 each time every hour}}$ $\newline{\text{that means that the slope of function 1 is 30 per hour}}$ $\newline{\text{for the 2nd function, 40 is added every hour. therefor, the slope is 40 per hour}}$ $\bigskip\newline{\text{since 40 per hour> 30 per hour, function 2 has a greater rate of change than function 1}}$ $\bigskip\newline{\text{the y intercept is the y value when x is 0}}$ $\newline{\text{for function 1, the y value when x is 0 is 45}}$ $\newline{\text{for function 2, the y value when x is 0 (or the flat rate) is 50}}$ $\newline{\text{since 50> 45, function 2 has a greater y intercept than funciton 1}}$ $\bigskip\bigskip\newline{\text{the answers are: }}$ $\newline{\text{ function 2 has a greater rate of change than function 1}}$ $\newline{\text{function 2 has a greater y-intercept than function 1.}}$

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The required time is 3 years. mple 7: Find the compound interest of Rs 50,000 for 3 years if the ra...

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