Answer:
Step-by-step explanation:
5. 24
6. 14
7. 45
8. 15
9. 5
10. 5
11. 18
12. 12
13. 8
14. 84
8. $700 at 8% for 6 years.
it could mean
1. compound interest
2. simple interest.
1. Compound Interest
that means that each year it gives you 8% on that whatever new thing so
8 %= 0.08
Each year, it is multiplied by 1.08 since you add the original (1) to the 8% 0.08
so 6 years means
700 times 1.08^6=700 times 1.08 times 1.08 times 1.08 times 1.08 times 1.08 times
1.08 = 1110.81
2. Simple Interest
So just 8% of that 700 is added on
find 8% of 700
8% of 700+0.08 times 700=0.56
6 years = 0.56 times 6 =3.36
add 3.36 + 700= 703.36
Answers are
if compound interest = $1110.81
If Simple interest = 703.36
I hope this helped
~Renee \(^_^)/
$1920 is taken out for taxes
Answer:
r = 4
Step-by-step explanation:
2r = 13 + -5
2r = 8
r = 4
Hope that helps!
If if y=6 and z=1 then the equation would be 1+6(2) and that ends up to be 13
