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
Answer:
58.0
Step-by-step explanation:
Given the data:
56 65 62 53 68 58 65 52 56
Reorderd data: 52, 53, 56, 56, 58, 62, 65, 65, 68
Median = 1/2(n + 1) th term
n = sample size = 9
Hence,
Median = 1/2(9 + 1)th term
Median = 1/2(10)th term
Median = 5th term
5th term in the reordered data = 58
Hence, median age is 58
Answer:
sqrt(144) = ±12
Step-by-step explanation:
sqrt(144)
What number, when multiplied by itself, gives 144
12*12 = 144
-12*-12 = 144
sqrt(144) = ±12
Slope is 2 because it goes up by two and over by one
