Mathematics, 15.10.2019 23:30 Downfall
The simple interest on a principal amount, p, borrowed for tyears at r% annual interest is given by the following
formula.
p. r.t
-
100
which of the following describes the relationship between the variables of the simple interest formula?
p depends on rand t
r depends on pand t
i depends on p, r. and t
r depends on i
Answers: 2
Mathematics, 21.06.2019 20:10
A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.
Answers: 1
Mathematics, 21.06.2019 21:30
Three friends went on a road trip from phoenix, az, to san diego, ca. mark drove 50 percent of the distance. jason drove 1/8 of the distance. andy drove the remainder of the distance. 1. andy thinks he drove 1/4 of the distance from phoenix, az, to san diego, ca. is andy correct? 2. the distance from phoenix, az, to san diego, ca, is 360 miles. how many miles did each person drive? 3. solve the problem. what is the answer in total?
Answers: 3
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