The daily average dollar amount of transactions where there are 2.5 trillion in credit card transactions annually is 6.8 billion.
Given data:
To calculate the daily average dollar amount of transactions, we'll divide the annual total by the number of days in a year.
Annual credit card transactions: $2.5 trillion
Number of days in a year: 365
Daily average dollar amount of transactions = Annual transactions / Number of days
= $2.5 trillion / 365
Now let's perform the calculation:
Daily average dollar amount = $2.5 trillion / 365
On simplifying the equation:
Daily average dollar amount ≈ $6.849 billion
Rounded to the nearest hundred million dollars, the daily average dollar amount of credit card transactions is approximately $6.8 billion.
Hence, the daily average dollar amount of credit card transactions is approximately $6.8 billion.
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Answer:
3 trillion
Step-by-step explanation:
because just do the math bu bl I really dk
(a) 1% interest
(b) 4% interest
(c) 4.5% interest
Answer: (a )$30648.54 (b)$882,346.73 (c) $1,544,700.15
Step-by-step explanation:
Formula: , where P= principal , r=rate of interest, t= time
Given : P= $10,000, t = 112 years
(a) r = 1% = 0.01
Hence, Amount = $30,648.54
(b) r = 4% = 0.04
Hence, Amount = $882,346.73
(c) r = 4.5% = 0.045
Hence, Amount = $1,544,700.15
For 1% interest, the investment will be worth $10100.50. For 4% interest, it will be worth $10420.96, and for 4.5% interest, it will be worth $10451.65.
To determine the amount that an investment is worth at the end of a given time period with continuous compounding, we can use the formula A = P * e^(rt), where A is the final amount, P is the principal, r is the interest rate, and t is the time in years.
(a) For 1% interest:
A = 10000 * e^(0.01 * 1) = $10100.50
(b) For 4% interest:
A = 10000 * e^(0.04 * 1) = $10420.96
(c) For 4.5% interest:
A = 10000 * e^(0.045 * 1) = $10451.65
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Answer:
166,000
Step-by-step explanation:
1x166,000=166,000
(-3, 12); y = -3x + 5
Answer: y = -3x + 3 or y = 3 - 3x
Step-by-step explanation:
First, we need to determine our slope. Thankfully for us, the slope of a line parallel to another is the same.
So our slope is -3.
Now, we need to find our y-intercept. To do that, we will use y = mx + b. y is the y-coordinate, m is the slope, x is the x-coordinate, and b is the y-intercept.
Plug in the numbers given.
12 = -3(-3) + b
Simplify.
12 = 9 + b
Subtract 9 from both sides.
12 - 9 = 9 - 9 + b
3 = b
Our y-intercept is 3.
Now, we just put everything together.
y = -3x + 3
The line parallel to y = -3x + 5 that passes through the point (-3, 12) is
y = -3x + 3 or y = 3 - 3x (both are the same just written differently)
Answer:
V=3052.1 square units.
Step-by-step explanation:
Using the formulas
V=4
3πr^3
d=2r
Solving for V
V=1
1/6πd^3=1
1/6·3.14·18^3=3052.08
round to the nearest tenth place so your volume would be 3052.1 :)
Answer:
3052.1
Step-by-step explanation:
The formula for volume of a sphere: 4/3 x pi x r^3 (4/3 x pi x radius x radius x radius).
Here, only the diameter is shown. To find the radius, we must divide the diameter (18) by 2.
18 / 2 = 9
9 is the radius.
Now, we have our final equation:
4/3 x pi x radius x radius x radius
4/3 x 3.14 x 9 x 9 x 9 = 3052.08
(3.14 is commonly used for pi)
3052.08 rounded to the nearest tenth is 3052.1
Therefore, 3052.1 is the volume of the sphere.