The slope, m, of a linear equation can be found using the formula m = StartFraction y 2 minus y a Over x 2 minus x 1 EndFraction
1 answer:
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First, we are going to find the sum of their age. To do that we are going to add the age of Eli, the age Freda, and the age of <span>Geoff:
</span>
The combined age of Eli, Freda, and Geoff is 40, so the denominator of each ratio will be 40.
Next, we are going to multiply the ratio between the age of the person and their combined age by <span>£800:
For Eli: </span>
For Freda:
For Geoff:
<span>
We can conclude that Eli will get </span>£180, Freda will get £260, and Geoff will get <span>£360.</span>
</span>
The combined age of Eli, Freda, and Geoff is 40, so the denominator of each ratio will be 40.
Next, we are going to multiply the ratio between the age of the person and their combined age by <span>£800:
For Eli: </span>
For Freda:
For Geoff:
<span>
We can conclude that Eli will get </span>£180, Freda will get £260, and Geoff will get <span>£360.</span>
Answer:
a. $ 381.969,
b. $ 369.171,
c. Kings Savings
d. Reliability.
Step-by-step explanation:
∵ Amount formula in compound interest,
And, amount formula in continuously,
,
Where,
P = principal amount,
r = rate per periods,
t = number of periods,
a. In State bank,
P = $ 9000, r = 2.1% = 0.021, t = 2 years,
Also, interest earned compound annually,
Thus, amount,
So, interest earned = A - P = 9381.969 - 9000 = $ 381.969,
b. In Kings Savings,
P = $ 9000, r = 2.01% = 0.0201, t = 2 years,
Also, interest earned compound continuously,
Thus, amount,
So, interest earned = A - P = 9369.171 - 9000 = $ 369.171,
c. ∵ 369.171 > 381.969
Thus, King saving pays higher interest.
d. Since, the other factors might affect Whitney's choice besides interest would be reliability.