Triciamorrison
16.04.2020 •
Mathematics
Use Appropriate Tools
1) A group of students were
on a school bus. At the last
stop, the bus picked up 16
more students. The bus
arrived at school with a
total of 25 students. How
many students were on the
bus before the last stop?
Solve this problem any way
you choose.
Solved
Show answers
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Ответ:
9
Step-by-step explanation:
just subtract 16 from 25
Ответ:
9514 1404 393
incorrect2.178%Step-by-step explanation:
If the money Gavin deposited were subject to 9% interest compounded quarterly, then the equivalent quarterly rate would be 9%/4 = 2.25%.
However, that is not the case.
Rather, the quarterly rate (r) will have an effective annual rate of (1+r)^4 -1. If we want that effective annual rate to be 9%, then we can find the quarterly rate from ...
(1 +r)^4 -1 = 0.09
(1 +r)^4 = 1.09 . . . . . add 1
1 +r = 1.09^(1/4) . . . . . take the 4th root
r = 1.09^(1/4) -1 ≈ 0.0217782
The equivalent quarterly rate is about 2.178%.