Use the compound interest formulas A = P ( 1 + r n ) n t and A = P e n to solve Exercises 53-5, Round answers to the nearest cent. Suppose that you have $12.000 to invest. Which investment yields the greater return over 3 years: 7% compounded monthly or 6.85% compounded continuously?
Use the compound interest formulas A = P ( 1 + r n ) n t and A = P e n to solve Exercises 53-5, Round answers to the nearest cent. Suppose that you have $12.000 to invest. Which investment yields the greater return over 3 years: 7% compounded monthly or 6.85% compounded continuously?
Solution Summary: The author calculates whether 7% or 6.85% compounded monthly yields greater return over 3 years.
Use the compound interest formulas
A
=
P
(
1
+
r
n
)
n
t
and
A
=
P
e
n
to solve Exercises 53-5, Round answers to the nearest cent.
Suppose that you have $12.000 to invest. Which investment yields the greater return over 3 years: 7% compounded monthly or 6.85% compounded continuously?
Listen
A falling object travels a distance given by the formula d = 6t + 9t2 where d is in feet
and t is the time in seconds. How many seconds will it take for the object to travel
112 feet? Round answer to 2 decimal places. (Write the number, not the units).
Your Answer:
Solve by the quadratic formula or completing the square to obtain exact solutions.
2
e
104
OA) -16±3√6
B) 8±√10
O c) -8±√10
OD) 8±3√√6
U
Question 14 (1 point)
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The frame on a picture is 18 in by 22 in outside and is of uniform width. Using
algebraic methods, what is the width of the frame if the inner area of the picture
shown is 250 in²2? Write answer to 2 decimal places. (Write the number with no
units).
18 in
Your Answer:
22 in
Chapter 4 Solutions
Algebra & Trigonometry With Additional Material From College Algebra Essentials (custom Edition For Tidewater Community College)
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