Solution:
Principal =P= $ 7,500
Option A→(Simple interest)
Rate of interest= R=4%
Time(
)=4 years
Time(
)=6 years
Amount= Principal + Interest(Simple or compound interest)
Formula for Simple interest


Total amount after 4 years when interest is simple= 7500 +1200= $ 8700
Total amount after 6 years when interest is simple= 7500 +1800= $ 9300
Option B
Formula for amount(A) when interest is 3.15% compounded annually.



Total amount after 4 years when interest is compounded annually=$ 8491 (approx)
Total amount after 6 years when interest is compounded annually=$ 9034(approx)
Answer:
slope = - 
Step-by-step explanation:
Calculate the slope m using the slope formula
m = 
with (x₁, y₁ ) = (2, 0) and (x₂, y₂ ) = (32, - 5)
m =
=
= - 
Answer:
Since there are 60 seconds in one minute, we can write this as 146,000 inches per minute. Since there are 60 * 60 = 3600 minutes in one day, we can write it as 525,600,000 inches per day. Since there are about 63360 inches in one mile, the answer is about 8295 miles per day.
Answer:
10 km/ hour = 6.25 miles/ hour
Step-by-step explanation:
cyclist travel in 5 hours = 6.25 x 5 = 31.25 miles