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

Integer Exponents
#1: Simplify the expression below using properties of exponents. Write your
answer using positive exponents. *
5-2

Answers

Answer:

Step-by-step explanation:

5 - 2 cannot be further simplified? No properties of exponents can be used due to already knowing the answer of the top of your head, it could be a mistype though, or I'm just very very d*mb.

HELP SOMEONE!!!!!! PLZZZZ!!!
Find all complex numbers $z$ such that $z^4 = -4.$

Answers

Since -4 = 4 exp(iπ), by DeMoivre's theorem and using the fact that cos and sin are both 2π-periodic,

[tex]z^4 = 4 \exp\left(i\pi\right) \implies z = 4^{1/4} \exp\left(\dfrac14 \left(i\pi + 2i\pi k\right)\right)[/tex]

where k = 0, 1, 2, or 3. Then the 4th roots of -4 are

[tex]k = 0 \implies z = 4^{1/4} \exp\left(\dfrac14 \left(i\pi+0\right)\right) = \sqrt2 \exp\left(i\dfrac\pi4\right)[/tex]

[tex]k = 1 \implies z = 4^{1/4} \exp\left(\dfrac14 \left(i\pi+2i\pi\right)\right) = \sqrt2 \exp\left(i\dfrac{3\pi}4\right)[/tex]

[tex]k = 2 \implies z = 4^{1/4} \exp\left(\dfrac14 \left(i\pi+4i\pi\right)\right) = \sqrt2 \exp\left(i\dfrac{5\pi}4\right)[/tex]

[tex]k = 3 \implies z = 4^{1/4} \exp\left(\dfrac14 \left(i\pi+6i\pi\right)\right) = \sqrt2 \exp\left(i\dfrac{7\pi}4\right)[/tex]

A café has 60 tables. 35% of the tables have 2 chairs at each table. The remaining 65% of the tables have 4 chairs at each table. How many tables have 4 chairs?

Answers

The number of tables with 4 chairs are 39.

We have a café which has 60 tables. 35% of the tables have 2 chairs at each table. The remaining 65% of the tables have 4 chairs at each table.

We have to determine the number of tables having 4 chairs.

What is 10% of 250 ?

The 10% of 250 will be -

[tex]\frac{10}{100} \times 250[/tex] = 25

According to question, we have -

Percentage of tables with 2 chairs = 35%

Percentage of tables with 4 chairs = 65%

Total number of tables = 60

Therefore -

Number of tables with 2 chairs = [tex]\frac{35}{100} \times 60[/tex] = 21

Therefore, number of tables with 4 chairs will be = 60 - 21 = 39

Hence, the number of tables with 4 chairs are 39.

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There are 39 tables that have 4 chairs.

i.e. the number  of tables with 4 chairs is: 39.

Here, we have to find the number of tables that have 4 chairs, we first need to calculate how many tables have 2 chairs, and then subtract that number from the total number of tables.

Given that 35% of the tables have 2 chairs, we can calculate the number of tables with 2 chairs as follows:

Number of tables with 2 chairs = 35% of 60 tables

Number of tables with 2 chairs = 0.35 * 60

Number of tables with 2 chairs = 21 tables

Now, to find the number of tables with 4 chairs:

Number of tables with 4 chairs = Total number of tables - Number of tables with 2 chairs

Number of tables with 4 chairs = 60 tables - 21 tables

Number of tables with 4 chairs = 39 tables

So, there are 39 tables that have 4 chairs.

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May has 10 sticker sheets with 8 stickers each and 15 pages with y stickers each. How many stickers does she have total.

A. (10 x 8) + (15y)

B 10 x ( 9 + 15 + y)

C. 10 + 8 + 15 + y

D, (10 x 15) + (8y)

Answers

Answer:

A

Step-by-step explanation:

Find the simple interest paid on a $200 investment at 4.4% annual interest for 60 days.

Answers

Step-by-step explanation:

hope it will help you...

Approximately what portion of the box is shaded blue?

A.2/3. B.9/10
C.3/5

Answers

It is 9/10 as the others are too small

If [tex]f(x) = x[/tex]² [tex]-x+3[/tex], then what is the reaminder when [tex]f(x)[/tex] is divided by [tex]x+9[/tex]?

Answers

Answer:

Remainder is 93

Step-by-step explanation:

Use synthetic division:

-9 | 1   -1    3

____ -9   90

     1 -10 | 93

Therefore, the remainder is 93

LCM of two numbers is 1134 and HCF is 18. if one of the numbers is 162, find the other. number.

Answers

Answer:  126

=====================================================

Work Shown:

Let x and y be the two numbers.

We're given x = 162 and the variable y is unknown.

We're also given LCM = 1134 and HCF = 18

So,

LCM = (x*y)/HCF

1134 = 162*y/18

1134 = (162/18)y

1134 = 9y

9y = 1134

y = 1134/9

y = 126

The other number is 126

---------------------

Notice that

162 = 18*9126 = 18*7

showing that 18 is the highest common factor (HCF) of the numbers 162 and 126. This partially confirms the answer.

Now let,

A = multiples of 162B = multiples of 126

So,

A = 162, 324, 486, 648, 810, 972, 1134, 1296, ...B = 126, 252, 378, 504, 630, 756, 882, 1008, 1134, 1260, ...

We see that 1134 is in each list of multiples and the smallest such common item. So the lowest common multiple (LCM) of 162 and 126 is 1134. This helps fully confirm the answer.

How do I find the equation of the perpendicular bisector between (-2,5) and (2,-1)?

Answers

Answer:

[tex]y = \frac{2}{3} x + 2[/tex]

Step-by-step explanation:

Start by finding the slope of the given line.

[tex]\boxed{ slope = \frac{y _{1} - y_2 }{x_1 - x_2} }[/tex]

Slope of given line

[tex] = \frac{5 - ( - 1)}{ - 2 - 2} [/tex]

[tex] = \frac{5 + 1}{ - 4} [/tex]

[tex] = \frac{6}{ - 4} [/tex]

[tex] = - \frac{3}{2} [/tex]

A perpendicular bisector cuts through the line at its midpoint perpendicularly.

The product of the slopes of two perpendicular lines is -1.

Let the slope of the perpendicular bisector be m.

[tex] - \frac{3}{2} m = - 1[/tex]

[tex]m = - 1 \div ( - \frac{3}{2} )[/tex]

[tex]m = - 1 \times ( - \frac{2}{3} )[/tex]

[tex]m = \frac{2}{3} [/tex]

[tex]y = \frac{2}{3}x + c[/tex], where c is the y-intercept.

To find the value of c, we need to substitute a pair of coordinates that lies on the perpendicular bisector into the equation. Since the perpendicular bisector passes through the midpoint of the given line, we can use the midpoint formula to find the coordinates.

[tex]\boxed{midpoint = ( \frac{x _{1} + x _2}{2} , \frac{y_1 + y_2}{2} )}[/tex]

Midpoint of given line

[tex] = ( \frac{ - 2+ 2}{2} , \frac{5 - 1}{2} )[/tex]

[tex] =( \frac{0}{2} , \frac{4}{2} )[/tex]

= (0, 2)

[tex]y = \frac{2}{3} x + c[/tex]

When x= 0, y= 2,

2= ⅔(0) +c

2= 0 +c

c= 2

Thus, the equation of the perpendicular bisector is [tex]y = \frac{2}{3} x + 2[/tex].

1. Find the area of the sector by multiplying the area of the circle by the ratio of the _________________________ to 360.
2. Subtract the area of the triangle from the area of the sector.
length of the radius
length of the diameter
measure of the central angle
circumference of the circle

Answers

Answer: measure of the central angle

Step-by-step explanation: trust

Answer:

measure of the central angle

Step-by-step explanation:

3,311L how many millilters

Answers

Answer:

3311 mililiters

Step-by-step explanation:

1 L = 1 liter = 1000 mililiters

3.311L = 3.311 liters = 3.311*1000 = 3311 mililiters

A camper attaches a rope to the top of her tent to give it more support. She stakes the rope, which is 8 ft long, to the ground at a distance of 6 feet from the middle of her tent. About how tall is her tent?

Answers

Answer:

5.3

Step-by-step explanation:

8^2 - 6^2 = x^2

64 - 36 = x^2

28 = x^2

Square root of 28 is approx 5.3

1.5kg : 350g solve the ratio​

Answers

Step-by-step explanation:

convert kg into grams

1kg=1000g

1.5kg/350g=1.5×1000g/350

1500/350=300/70

=30/7

ratio will be 30:7

answer is 4.2g

The answer to the ratio is:

4.2g

First of all, we need to convert the kg to g

This can be done by multiplying the Kg by 1000

1.5kg x 1000= 1500g

Next, we solve the ratio since they are in the same parameters

This would be 1500g:350g

1500/350= 30/7.

Therefore, the ratio would be 30:7

Finally when further broken down, it would be 4.2g

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Help help help help math math math math help

Answers

x = 14

because 7 (14) + 9 is equal to 9 (14) - 19

Answer:

14

Step-by-step explanation:

because both sides need to be equal so if u plug in the 14 in x it gives you the same number for both sides 107.

3x2 - 4x – 7


factor

Answers

Answer:

3x2 = 6

6-4x-7

(6-4x) - 7

2x - 7 = messi ok no xd

3.5-

Step-by-step explanation:

Answer:

[tex](3x-7)(x+1)[/tex]

Step-by-step explanation:

Use the slide-and-divide method:

[tex]3x^2-4x-7[/tex]

[tex]x^2-4x-21[/tex] <-- Multiply last term by the leading coefficient 3

[tex](x-7)(x+3)[/tex] <-- Factor

[tex](3x-7)(x+1)[/tex]

Salaar, Waleed and Muazzam share $ 256. Waleed;s share is four times as much as Salaar. And Salaar's share is one-third of muazzam's. How much is each of their share?​

Answers

Answer:

S 32, W 128, M 96

Step-by-step explanation:

W = 4S

S = 1/3M, or 3S = M

S + W + M = 256

Substitute

S + 4S + 3S = 256

8S = 256, S = 32

S = 32

W = 4S = 128

M = 3S = 96

which holds the more capacity 0.75 litres or 350ml

Answers

Answer:

0.75 liters

Step-by-step explanation:

1000ml in 1 liter so 0.75*1000=750ml

750ml > 350ml

evaluate the expression for h= -6.

Answers

Answer:

63-|-6| = 57

Step-by-step explanation:

63-|-6|

63-6

57

Answer:

57

Step-by-step explanation:

Substitute -6 for variable h.

[tex]63-|(-6)|\\63-6\\57[/tex]

Loquan has 2 pieces of fabric, each measuring 3 & 1/4 feet long. How many feet of fabric does Loquan have in total?

Answers

Answer:

3+1/4= 3 1/4

Hope This Helps!!!

The total fabric which Loquan has is equal to 6.5 feet.

It is given that Loquan has 2 pieces of fabric . Each of the fabric is [tex]3\frac{1}{4}[/tex] feet long.

We have to find out the total fabric in feet which Loquan does have.

What will be the total length if there are two ropes of 1 meter each ?

The total length of the rope can be calculated by multiplying no. of ropes with length of one rope and that will be equal to 2 × 1 or 2 meter.

As per the question ;

Loquan has 2 pieces of fabric , each having length of  [tex]3\frac{1}{4}[/tex] feet

The total length of fabric can be calculated by multiplying 2 with

[tex]3\frac{1}{4}[/tex] feet.

i.e.,

2 ×  [tex]3\frac{1}{4}[/tex]

= 2 × [tex]\frac{13}{4}[/tex]

= [tex]\frac{13}{2}[/tex]

= 6.5 feet

Thus , the total fabric which Loquan has is equal to 6.5 feet.

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71.841 to the nearest tenth

Answers

Answer:

71.8

Step-by-step explanation:

71.841:

The 4 represents the number that we'll be looking at since 4 is the next position to the right of 8, 8 is in the Tenths place. 4 is in the Hundredths place, and 4 will be the only number that could round up the 8.

How?

In order to round, we need to remember how to round numbers:

If the digit is less than 5, the number to the left stays the same.If the digit is greater than, or equal to 5, the number to the left rounds up, or increases by 1.

Solve:

First, 4<5, meaning that 4 is less than 5.

#1 above is stating that the number to the left of 4 stays the same.

If we use that rule:

71.8 is our answer.

A police car leaves a crime scene heading east directly towards the hospital at 72 kilometres per hour. An ambulance leaves a quarter of an hour later and also heads directly east towards the hospital at 81 kilometres per hour. How long will it take for the ambulance to pass the police car?

Answers

It will take 2 hours for the ambulance to pass the police car.

Given that a police car leaves a crime scene heading east directly towards the hospital at 72 kilometers per hour, and an ambulance leaves a quarter of an hour later and also heads directly east towards the hospital at 81 kilometers per hour, to determine how long will it take for the ambulance to pass the police car, the following calculation must be performed:

72 x 0.25 = 18 81 - 72 = 9 18/9 = 2 72 x 0.25 + 72 x 2 = 162 81 x 2 = 162

Therefore, it will take 2 hours for the ambulance to pass the police car.

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Help help math math math

Answers

4x-8 that is answerrrr

Answer:

pushin p

Step-by-step explanation:

pushin p

more help... please... I'm very stuck​

Answers

You just have to add or subtract the percent of a number from the original

A) 5percent of 40=2 ( 0.05*40)
Since it’s increase add 2 to 40=42

F) 40percent of 25= 10 (0.4* 25)
25-10=15

PLEASE HELP WILL MARK BRAINIEST!!!!!

Answers

Answer:

a perpendicular line from a point on ab

The graphs below have the same shape. What is the equation of the blue graph?
G(x) =
O A. G(X) = x^2 + 1
O B. G(X) = (x - 1)^2
O C. G(X) = (x + 1)^2
O D. G(x) = x^2-1

Answers

Answer:

c) G(x) = (x + 1)**2

Step-by-step explanation:

A function left shift is x + shift and a right shift is x - shift.

a certain pharmaceutical company know that, on average 4% of a certain type of pill has an ingredient that is below the minimum strength and thus unacceptable. what is the probability that fewer that 5 in a sample of 20 pills will be acceptable?

Answers

Using the binomial distribution, it is found that there is a 0% probability that fewer that 5 in a sample of 20 pills will be acceptable.

For each pill, there are only two possible outcomes, either it is acceptable, or it is not. The probability of a pill being acceptable is independent of any other pill, which means that the binomial distribution is used to solve this question.

Binomial probability distribution

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

The parameters are:

x is the number of successes. n is the number of trials. p is the probability of a success on a single trial.

In this problem:

The sample has 20 pills, hence [tex]n = 20[/tex].100 - 4 = 96% are acceptable, hence [tex]p = 0.96[/tex]

The probability that fewer that 5 in a sample of 20 pills will be acceptable is:

[tex]P(X < 5) = P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3) + P(X = 4)[/tex]

In which

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{20,0}.(0.96)^{0}.(0.04)^{20} = 0[/tex]

[tex]P(X = 1) = C_{20,1}.(0.96)^{1}.(0.04)^{19} = 0[/tex]

[tex]P(X = 2) = C_{20,2}.(0.96)^{2}.(0.04)^{18} = 0[/tex]

[tex]P(X = 3) = C_{20,3}.(0.96)^{3}.(0.04)^{17} = 0[/tex]

[tex]P(X = 4) = C_{20,4}.(0.96)^{4}.(0.04)^{16} = 0[/tex]

0% probability that fewer that 5 in a sample of 20 pills will be acceptable.

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There are 40 pupils in a class. 75% of them are present. How may are present? How many are absent?
with solution please :D​

Answers

Answer:

30 are present 10 are absent

Step-by-step explanation:

75%=3/4

so 3/4 of them are absent

3/4(40)=30

and 40-30=10 are absent

Evaluate the expression: (–2)2 + (–42) + (18 – 23).

Answers

Hey there!

(-2)2 + (-42) + (18 - 23).

= -2(2) - 42 + 18 - 23

= -4 - 42 + 18 - 23

= -46 + 18 - 23

= -46 + (-5)

= -46 - 5

= -51

Therefore, your answer is: -51

Good luck on your assignment and enjoy your day!

~Amphitrite1040:)

Does the expressions
[tex] \sqrt{100 - 64} [/tex]
and
[tex] \sqrt{100 - \sqrt{64} } [/tex]
have the same value?​

Answers

Answer:

No. they have a difference in value

the first ans is 6 while the second gives 9.56

Find the value of x need help

Answers

Answer:

x=-10

Step-by-step explanation:

since there's a given 120 degrees, and it's a isosceles triangle, we know that the line adds up to 180 (where the 120 degrees is). so 120+x=180, the interior angle measures 60 degrees. That being said, the 3 angles measure 60 degrees also. now there's a right angle mark on top, so we find the angle of the smaller triangle (near angle 2) by doing 90-60=30 degrees.

angle 2 is said to be x+160, and there's a line, which tells us that they must add to 180.. so x+160+30=180

x+190=180

x=-10.

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