The distance around a CIRCLE is called the circumference
Answer:
r = 0.05 or 5%
Step-by-step explanation:
3450 = 3000 + (3000 · r · 3)
450 = 9000 · r
450/9000 = r
r = 0.05 or 5%
the answer i will give you is 72
Taylor will earn $21 more in compounded interest than in simple interest.
Given:
Principal = 2100
interest rate = 1.85%
term = 8 years
Simple Interest = Principal * interest rate * term
= 2100 * 1.85% * 8
= 310.80
Compounded Interest = Principal * (1+r)^t
= 2100 * 1.0185⁸
= 2100 * 1.158
= 2431.80
Interest from Compounded Interest : 2431.80 - 2100 = 331.80
Simple Interest = 310.80
Compounded Interest = 331.80
331.80 - 310.80 = 21
It should be true , hope this helped
