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viva [34]
2 years ago
13

A bank representative studies compound interest, so she can better serve customers. She analyses what happens when $2,000 earns

interest several different ways at a rate of 2% for 3 years.
a. Find the interest if it is computed using simple interest
b. Find the interest if it is compounded annually.
c Find the interest if it is compounded semi-annually.
d. Find the interest if it is compounded quarterly e. Find the interest if it is compounded monthly.
f. Find the interest if it is compounded daily
g. Find the interest if it is compounded hourly. h. Find the interest if it is compounded every minute.
i. Find the interest if it is compounded continuously.
j. What is the difference in total interest if computed using simple interest or if compounded continuously?​
Mathematics
1 answer:
OlgaM077 [116]2 years ago
3 0

Answer:

Given that a bank representative studies compound interest, so she can better serve customers. She analyzes what happens when $2,000 earns interest several different ways at a rate of 2% for 3 years.a) the interest if it is computed using simple interest. 12.00= dollarsb) the interest if it is compounded annually.= dollarsc) the interest if it is compounded semiannually=d) the interest if it is compounded quarterly.=e) the interest if it is compounded monthly.=

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Answer:

Step-by-step explanation:

The formula for determining the volume of a cylinder is expressed as

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The formula for determining the volume of a cone is expressed as

Volume = 1/3πr²h

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If the cylinder can hold about 4,712 Centimeters cubed of sand and Jared says that the cone can hold about 1,178 Centimeters cubed of sand, then

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1 year ago
1. Kellie and her sister Ashley are training for a marathon. Kellie ran 10 mi in 75 min. Ashley ran 15 mi in 120 min. Which stat
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(a) Kellie’s minutes-per-mile pace was faster than Ashley’s minutes-per-mile pace.

True

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15/120 = 0.13

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10 ÷ 1.15 = 8

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1 year ago
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Triangle RST was dilated by a scale factor of One-half. The image, triangle R'S'T', is an isosceles triangle, with each leg meas
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Answer:

The length side of the pre-image is 16 units

Step-by-step explanation:

we know that

The length side of the image is equal to the length side of the pre-image multiplied by the scale factor

or

The length side of the pre-image is equal to the length side of the image divided by the scale factor

in this problem we have that

The scale factor is 1/2

The length side of the image is 8 units

therefore

8/(1/2)=16 units

The length side of the pre-image is 16 units

8 0
2 years ago
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A school replaced 20% of it computers with new ones . what the total number of computers in the school if 55 computers were repl
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After the closing of the mill, the town of Sawyerville experienced a decline in its population.
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Step-by-step explanation:

P(t) = 12,000 (2)^(-t/15)

9,000 = 12,000 (2)^(-t/15)

0.75 = 2^(-t/15)

ln(0.75) = ln(2^(-t/15))

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