The father will end up paying 1050 dollars since 10% of 1000 is 100.
However Jackson will be paying 1150 dollars. So, Jackson will be paying 100 dollars more than his father.
I think is going to be
A=1
B=43
I WISH IF YOU LOOKING FOR
The time it will take before your investment is worth $6000 = 7 years
<h3>Calculation of simple interest </h3>
The amount of money invested per month = $150
Therefore the amount principally invested yearly;
= 12 × 150 = $1,800
Simple interest = $6000
Rate = 4%
Time = ?
Using the formula for Simple interest (SI)= P×T×R/100
Make T the subject of formula,
T = SI × 100/P×R
T = $6000×100/1800×4
T = 600000/7200
T= 83 months/ 12 = 7 years
Learn more about simple interest here:
brainly.com/question/20690803
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Answer: I'm pretty sure this is false.
Step-by-step explanation:
If you are driving the same amount of time as your friend, then you travel the same distance, unless you are going different speeds. The person that travels the most amount of distance would be going faster, in this case your friend.
Please don't quote me on this, I only THINK this is right, not 100%
