Mathematics: Maxine deposited $1000 into an account that pays 4.5% interests, compounded daily. at the end of six months, she has earned $12 in interests true or false?

Maxine deposited $1000 into an account that pays

Ответ:

leo4687

13.03.2022

You have to first change the percent to a decimal form, then you multiply 1000 x 0.045 x 0.5 = 22.5. Don't forget time is always in years or decimal form. Your answer would be False.

Hope this helps,
♥Nikki♥

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Ответ:

vege

30.11.2021

Mathematics

14841

Step-by-step explanation:

The contimous growth model with growth rate 'k' in t hours is given by :-

$P(t)=Ne^{kt}$ , where N is the initial population.

Given : Initial population of toads=100

Growth rate k = 0.5

The population of toads after 10 hours is given by :-

$P(10)=100e^{0.5\times10}\\\\=100e^{5}\\\\=14841.3159103\approx14841$

Hence, the population of the bacteria be in 10 hours = 14841

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Maxine deposited $1000 into an account that pays 4.5% interests, compounded daily. at the end of six months, she has earned $12 in interests true or false?

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