When subtracting a number from a negative number the number appears to get larger, but in fact only becomes smaller. - 554 - 600 = - $1154
Answer:
She owe $37736.96 after 9 years .
Step-by-step explanation:
Debra borrowed $8000 at a rate of 18% compounded semiannually
We are supposed to find how much will she owe after 9 years
Principal = 8000
Rate of interest = 18% =0.18
No. of compounds per year = 2
Time = 9 years
Formula : 
Substitute the values in the formula :
A= 37736.96
Hence She owe $37736.96 after 9 years .
Answer:
C
Step-by-step explanation:
42%= 
= 0.42
Answer:
B. $715
Step-by-step explanation:
By multiplying your starting value, in this case $550, and your (simple) interest, 6%, or by 1.06 as 0.06 being your interest value and the 1.00 accommodating your starting value you will multiply, $550 × 1.06 = $583. Repeat these steps for however many years you are account for, in this case, five years. Giving you a total of $715
Ted:
4,000 @ 4.5% interest compounded annually
Alan:
1,000 @ 6% interest compounded annually
Rule of 72: divide 72 by the compound annual interest rate
Ted: 72/4.5% = 16 years
Alan: 72/6% = 12 years
<span>Alan will win. It will take 12 years.</span>
