Answer:
Bill will earn more interest
He will earn $ 20,448.67 from his investment
Step-by-step explanation:
Firstly let us calculate Jim's earnings based on simple interest
A = P(1 + rt)
Calculation:
First, converting R percent to r
a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
Solving our equation:
A = 15000(1 + (0.035 × 25)) = 28125
A = $28,125.00
The total amount accrued, principal plus interest, from simple interest on a principal of $15,000.00 at a rate of 3.5% per year for 25 years is $28,125.00 for Jim
Now let's us calculate bill's investment based on compound interest
Equation
A = P(1 + r)^t
A=15000(1+0.035)^25
A=15000(1.035)^25
A=15000*2.36324498427
A = $ 35,448.67
We see that Bill will earn
$ 20,448.67 from his investment
Answer:
the range of all the function is [-1, + infinity[
but when it limits the domain it gonna be
(-1,0,3,8)
Answer:
n = -21/4 <em>or </em>-5.25
Step-by-step explanation:
Multiply both sides of the equation by 12. Move the variables to the left-hand side and change its sign. Move the constant to the left-hand side and change its sign. Collect like terms. Add the numbers. Divide both sides of the equation by 12.
1/2 x - 5= - 1/2 x + 19/4
6x -20= - 6x + 57
6x + 6x= 57 + 20
12x= 57 + 20
12x= 77
ANSWER
x = 77/12
Alternative Form .
x = 6 5/12, x= 6.416
