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
To factor, we always have to look for common factors in the numbers given to us. In this case, in 1/2 and 6, the common factor is 1/2. Therefore, we will have to factor like so:
1/2d + 6 = 1/2 (d + 3)
Hope this helps!
The extra cost of the apples and the carrots is 5 dollors and 90 cent
Answer:
58
Step-by-step explanation:
Order of operations.
Additions and subtractions, in the order they appear, from left to right.
30 + 30 - 2 =
= 60 - 2
= 58
