You visit two banks to determine their interest rates. Bank A offers you 6.2% annual
interest compounded monthly, and Bank B offers you 6.3% compounded quarterly.
Determine which bank is offering the best deal.

Answers

Answer 1

Answer:

  6.3% quarterly

Step-by-step explanation:

The monthly compounded rate is equivalent to a quarterly compounded rate of ...

  (1 +0.062/12)^3 -1 = 1.558%

The quarterly compounded rate is ...

  6.3%/4 = 1.575%

The 6.3% rate compounded quarterly is the better deal.

_____

Additional comment

An annual rate r compounded n times per year for m compounding periods is equivalent to a rate of

  (1 +r/n)^m -1 . . . per m/n of a year

Then an annual rate of r compounded 12 times per year for 3 months is equivalent to a quarterly (3/12 year = 1/4 year) of ...

  (1 +r/12)^3 -1

__

An annual rate of r compounded 4 times per year for 1 quarter is equivalent to ...

  (1 +r/4)^1 -1 = r/4


Related Questions

Help help ASAP ASAP

Answers

Answer:

1

Step-by-step explanation:

y2 - y1 / x2 - x1

6 - 4 / 0 - -2

2 / 2 = 1

Use the graph method to solve the system of linear equations:
2x + y = 3 and x + y = 3
A) (-1.5, 0)
B) (0, -1.5)
C) (0,3)
D) (3,0)

Answers

Answer:

C) (0,3)

Step-by-step explanation:

It would be that answer because I found the answer in a website. Its Math-way

Answer:

C) (0,3)

Step-by-step explanation:

Graph each line on the same plane and take the point of their intersection.

Given linear equations:

2x + y = 3 and x + y = 3

See the attached  to confirm the answer is the point (0, 3)

help :( explain the meaning of -500 in context to the problem,

a plane flies directly from a city in Pennsylvania to a city in Ecuador. the equation below estimates the distance (d), In miles, from the city in Ecuador of the airplane (t) hours after taking off from the city in Pennsylvania

d=2565-500t

Answers

The equation of the distance of the plane from the city in Ecuador is a

linear  equation that has a constant rate of change.

The -500 is the rate at which the distance of the plane from Ecuador changes every hour.

Reasons:

The equation that estimates the distance of the plane from the city in

Ecuador is d = 2565 - 500·t

Where;

d = The distance in miles from the city in Ecuador

t = The time in hours after taking off from the city in Pennsylvania

Required:

The meaning of -500 in the context of the problem.

Solution:

By using dimensional analysis, we have;

Given that d is in miles and t is in hours, 2,565 is in miles, and 500 × t is in

miles.

Therefore, -500 is in miles per hour, which is the speed of the plane.

The -500 therefore, in the context, is the number of miles, the rate, by

which the plane becomes closer to the city in Ecuador every hour.

Learn more rate of change here:

https://brainly.com/question/1388646

We can  analice through a  dimensional evaluation, every term in any equation.

Solution is:

The term - 500 × t

represents, the quantity of miles travel in the time t

Looking carefully each term in the equation:

d = 2565 - 500×t

And knowing:

d, is distance in milest, is time in hoursThe fact that, adding and subtracting are mathematical operations with homologous quantities. By homologous quantities we must understand that we add and subtract apples plus or (minus) apples. We never add pencils plus boxes

We are able to answer the question.

Then in the expression

d = 2565 - 500×t

As d is in miles, we must understand that 2565 is the total distance of the trip, also in miles, should and the product  -500×t must also be in miles. According to that, the number 500 is necessarily in miles/hours (the speed of the plane),  and the negative sign for 500 means that the total distance 2565 miles should be subtracted from the total time of travel.

For instance if t = 1 hour

d = 2565 miles - 500 (miles)/hour × 1 (hour)

As we can see we are able to determine the total time of fly, as the total distance between the cities is 2565, and 500 is the speed of the plane (constant during the whole trip).

For the whole trip

d = 2565 miles    then total fly time is:

2565 (miles)/ 500 (miles/hour)×t

To get .  t = 5.13 h

Related link:https://brainly.com/question/8956323

help me please ill mark as the brainiest if correct.

Answers

Answer:

14 minutes

Step-by-step explanation:

For every two minutes the temperature increases by 15 c. since 8 equals 55, 10 is 70, 12 is 85, and 14 is 100.

Answer:

14

Step-by-step explanation:

1. Find selling price in the following cases.
a) Market price = Rs 480,discount = Rs 40
b) Market price = Rs 870, discount = Rs 75.
2. Find cost price or selling price in the following cases.
a) cost price = Rs 120, profit = Rs 25
b) selling price = Rs 200, profit = Rs 20

Answers

Answer:

1) a. Rs 440.

1) b. Rs 795.

2) a.Rs 145.

2) b. Rs 180.

Step-by-step explanation:

1) a.

Given,

Marked Price = Rs 480

Discount Amount = Rs 40

Selling Price = ?

Now,

Selling Price = Marked Price - Discount Amount

= Rs 480 - Rs 40 = Rs 440.

1) b.

Given,

Marked Price = Rs 870

Discount Amount = Rs 75

Selling Price = ?

Now,

Selling Price = Marked Price - Discount Amount

= Rs 870 - Rs 75 = Rs 795.

2) a.

Given,

Cost Price = Rs 120

Profit = 25

Selling Price = ?

Now,

Selling Price = Cost Price + Profit

= Rs 120 + Rs 25 = Rs 145.

2) b.

Given,

Selling Price = Rs 200

Profit = Rs 20

Cost Price = ?

Now,

Cost Price = Selling price - Profit

= Rs 200 - Rs 20 = Rs 180.

What is the product of (x2 + 3x + 9) and ( 2x + 7)?

Answers

Answer:

Ez 1+1=3 Duh

Step-by-step explanation:

You add 1 to 1 it will become 3

Help me solveee this

Answers

A straight angle = 180 so you have the cute angle given so it would be x + 47 = 180 same as 180-47= 133. Therefore x=133°
Straight angel = 180
The angel given is 47 sooo x + 47=180
Orrrr you can do 180 - 47 = x which is better and then the answer will be 133

WARNING: I need any worker or student to be aware that there are alt accounts going around and posting gore on answers. Some of them have the picture of the devil and other disturbing types of images and things. Please be aware of your questions if you see these accounts. Ive just encountered one and I am not putting its username so others won't see his posts. Be careful and aware

Answers

Thank you for spreading this message! Very appreciated :D I’ve never encountered one but I hope not.
Thank for telling everyone about this!

The ratio of the distances a driver and a 2-iron will drive a
golf ball is 5 to 4. If a golfer averages 240 yards with a 2-
iron, how far should she average with a driver?

Answers

The average distance is 300 yards

How to determine the average distance?

The ratio is given as:

Driver : 2-iron = 5 : 4

When the iron driver is 240 yards, we have:

Driver : 240 = 5 : 4

Express as fraction

Driver/240 = 5/4

Multiply both sides by 240

Driver= 300

Hence, the average distance is 300 yards

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72 is what percent of 36

Answers

So the 72 is 200% of 36

what does it mean to square a value/ expression

Answers

Squaring a number means multiplying the same number by itself.

For example,

[tex]\\2 \cdot 2 =2^2\\\\a\cdot a =a^2~~ \\\\ (a+1)(a+1) =(a+1)^2 \\\\ (x^{10}+1)(x^{10}+1) =(x^{10}+1)^2[/tex]


I need help doing this

Answers

The answer is 3 because x is -7. I hope this helps!

Where us point c on the number line

Answers

Answer: - 0.3

Step-by-step explanation:

Correct me if I am incorrect.

Amaya used these steps to solve the equation 8x+4=9+4(2x−1). Which choice describes the meaning of her result, 4=5?
A.Amaya made a mistake because 4 is not equal to 5.
B.No values of x make the equation true.
C.All values of x make the equation true.
D.The solution is x=4 or 5.

Answers

Answer:

B.

Step-by-step explanation:

4 is of course not equal to 5 so no values of x make the equation true.

There are no solutions to this equation.

help me pls
sssssssssssssssssssss

Answers

The first one
That’s the right answer

Find the volume V of the solid obtained by rotating the region bounded by the given curves about the specified line.
[tex]y = {x}^{2} [/tex]
[tex]y = 4x[/tex]
; about the y-axis​

Answers

well, first off, when it comes to volumes by rotation, we'd want to graph them, Check the picture below.  Our rotation over the axis will give us a "washer", so we'll be using the washer method.

now, our axis of rotation is the y-axis or namely x = 0, x = 0 is a vertical line, meaning we have to put the functions in y-terms, that is in f(y) form

[tex]y = x^2\implies \pm\sqrt{y}=x\implies \boxed{\pm\sqrt{y}=f(y)} \\\\\\ y = 4x\implies \cfrac{y}{4}=x\implies \boxed{\cfrac{y}{4}=g(y)}[/tex]

if we look at the picture, the parabola is the farthest from the axis of rotation and the line is the closest, or namely R² and r² respectively.

the way I get the area for R² and r², is by using the same I do with "area under the curve", so if I say call the axis of rotation h(y), the way I get the area is

R => f(y) - h(y)

r => g(y) - h(y)

so let's proceed.

[tex]\textit{area under the curve}\\ \begin{array}{llll} \sqrt{y}- 0\implies &\sqrt{y}\\ \frac{y}{4}-0\implies &\frac{y}{4} \end{array}\qquad \qquad \begin{array}{llll} \stackrel{R^2}{(\sqrt{y})^2}-\stackrel{r^2}{\left( \frac{y}{4} \right)^2}\\[-0.5em] \hrulefill\\ y\qquad -\qquad \frac{y^2}{16} \end{array}[/tex]

now, we want to get the area enclosed by both, and thus we'd need their points of intersection, setting both to [tex]\sqrt{y}=\cfrac{y}{4}[/tex]  which in short gives us the bounds of 0 and 16.

[tex]\pi \displaystyle\int_{0}^{16}\left( y - \cfrac{y^2}{16} \right)dy\implies \pi \int_{0}^{16}y\cdot dy-\pi \int_{0}^{16}\cfrac{y^2}{16}\cdot dy\\\\\\\pi \cdot \left. \cfrac{y^2}{2} \right]_{0}^{16}-\pi \cdot \left. \cfrac{y^3}{48} \right]_{0}^{16}\implies 128\pi -\cfrac{256\pi }{3}\implies \boxed{\cfrac{128\pi }{3}}[/tex]

Need help find the value of x

Answers

X=9
There is explanation

-6 = 1/4w -1/2 solve for w

Answers

W=-26 , I checked this and it is correct

Find the least common denominator for these fractions. Enter your answer in
the space provided.

Answers

Answer: 27

Step-by-step explanation: LCM of 3 and 27 is 27.



A notecard is 3 inches by 4 inches. How
long is its diagonal

Answers

Answer:

7. Is answer

Step-by-step explanation:

Because 3+4=7

The solution to the following inequality:
-3(6-2g)>4g

Answers

Answer:

Solution: g > 9

Interval Notation: (9 , ∞)

Step-by-step explanation:

-3 * (6-2g) > 4g

-18 + 6g > 4g

6g - 4g > 18

2g > 18

g > 9

The area of a trapezoid is 140 cm2 and the height is 20 cm. What is the sum of the bases?

A. 14 cm

B. 49 cm

C. 60 cm

D. 7 cm

Answers

Answer:

the answer is 14

Step-by-step explanation:

[tex]1 \div 2b \times h = 1 \div 2 \times 20 \times b = 140 \: so \: base \: = 14[/tex]

hope this helped

The sum of the bases of a trapezoid using height is 20 cm is 14 cm.

Thus, option (A) is correct.

The formula to calculate the area of a trapezoid is given by:

Area = 1/2 x height x sum of bases

Given that the area is 140 cm² and the height is 20 cm.

Now, rearrange the formula to solve for the sum of the bases:

Sum of bases =  (2 x Area) / (height)

Substitute the given values:

Sum of bases =  (2 x 140) / (20)

                       = 14

So, the sum of the bases is 14 cm.

Thus, option (A) is correct.

Learn more about area of Trapezium here:

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Please help my assignment

Answers

There is no solution since ln(0) is undefined

Please help, I will give brainliest Health Insurance Expenses
Business
Type
Definition
Costs
Premium
The annual amount employee pays
the insurance company for the policy.
$6,237
Career
College Rea
Deductible
The amount employee pays for
medical expenses before the
insurance pays for anything.
$1,000
Extra Cred
Business
The percentage employee pays for
Co-Payment medical treatment after the
deductible is paid
30%
Kerr Heavyn_He
hbenefitsss
Use the information in the table. If the employer has agreed to pay 45% of the employees' health insurance premium, what is the total annual
premium?
X
Select one:
O A. The premium is $13,860.
OB. The premium is $11,340,
O C. The premium is $5,103.

Answers

Answer:

It is B

Step-by-step explanation:

What do x equal to
Answer quickly pls

Answers

Answer:

= 130°

Step-by-step explanation:

a far away exterior angle is equal to the sum of two far interior angles

50+80 = x

round 78300 nearest hundred

Answers

Answer:

78300 rounded to the nearest hundred is 78300.00 it would basically be the sam thing as 78300

Step-by-step explanation:

Hope this helps :)

Can someone help me? Will make brainiest :)

Answers

Answer:

D

Step-by-step explanation:

BH is perpendicular to AC since an orthocenter is a point at which the three altitudes of a triangle intersect. The altitude of a triangle is that line that passes through its vertex and is perpendicular to the opposite side. Since you know that BH is an altitude due to Point H being an orthocenter, you know that BH is perpedendicular to AC.

I also agree that it is D


Please help and I have to do this as soon as possible

Answers

The answer is E: 120 mph

Answer:

60

Step-by-step explanation:

→ Work out the change in distance

160 - 40 = 120

→ Work out the change in time

3 - 1 = 2

→ Apple speed = distance over time

120 ÷ 2 = 60

You get a summer job and make a total of $5,500 throughout the summer months. The government takes out taxes from that money at a rate of 33%. How much money did you really make after taxes were taken out?

Answers

Answer:

$1650 is the answer hope it helps

PLSSS help now!!!!!! Will mark Brainlyest !!!

Answers

the answer is (-7,-4) is your answer

Hope this helps :)

Answer:

  (7, -4)

Step-by-step explanation:

Rotation 180° causes both coordinates to change sign. It is the same as reflection across the origin, or  reflection across both the x- and y-axes.

The image point is (7, -4).

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