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hram777 [196]
3 years ago
15

Can anyone help us on this question

Mathematics
1 answer:
Taya2010 [7]3 years ago
8 0
Area = (1/2) * 4 * 5 = 10 cm²
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James wants to invest $12,000. He can invest the money at 7.2% simple interest for 30 yr or he can invest at 6.8% with interest
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Over time, compound interest at any rate will outperform simple interest. When the rates are nearly equal to start with, compound interest will be greater in very short order. Here, it takes less than 1 year for compound interest to give a larger account balance.

In 30 years, the simple interest will be

... I = P·r·t = 12,000·0.07·30 = 25,200

In 30 years, the compound interest will be

... I = P·(e^(rt) -1) = 12,000·(e^(.068·30) -1) ≈ 80,287.31

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6.8% compounded continuously results in more total interest

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Step-by-step explanation:

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Louis is 20 years old. Her daughter is 4 years old. In how many years will Louis double her daughter's age?
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