The formula for calculating the amount of money returned for an initial deposit money into a bank or CD is given by A=P(1+r)^nt
n
A is the amt of returned
P is the principal amount initially deposited
r is the annual interest rate
n is the compound period
t is the number of years

suppose you deposit $10,000 for 2 years at a rate of 10%
a. calculate the return (A) if the bank compounds annually (n=1) show work

b. calculate the return (A) if the bank compound quarterly (n=4) show work

c. calculate the return (A) if the bank compounds monthly (n=12) show work

d. calculate the return (A) if the bank compounds daily (n=365)

Solution Preview

1. the formula for the volume of a cylinder is V = pi R^2 H; so if R = 2 then

H = V/(4 pi) -- in other words, H varies linearly with volume ( the graph of H ...

Solution Summary

This solution is comprised of a detailed explanation to what is the measurement of the height if the radius of the cylinder is 2 centimeters.

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