Answer:
i) $500 at 5% simple interest for two years. Interest = 550 - 500 = $50
ii) $500 at 3% compounded monthly for 2 years.
Interest = 530.88 - 500 = $30.88
Step-by-step explanation:
i) $500 at 5% simple interest for two years.
Initial amount, P = $ 500
Rate of interest, r = 0.05
Time in years, t = 2
Therefore Final amount A = P(1 + rt) = 500(1 + (0.05 
2) ) = $550
Therefore Interest = 550 - 500 = $50
ii) $500 at 3% compounded monthly for 2 years
Initial or Principal Amount, P = $500
Rate of interest, r =0.03
number of conversions, m = 12
Time in years, t = 3
Therefore final amount, 
= $530.88
Therefore Interest = 530.88 - 500 = $30.88
Answer and Step-by-step explanation:
Simply just adding and subtracting.
8 - 1 - 6 + 5 = 6
-2 + 6 - 3 - 4 = -3
-- 4 is 3 away from 7. The answer is positive 3.
-- The answer is negative 5.
-- The answer is positive 1.
-- The answer is 0.
-- The answer is negative 7.
-- The answer is -25.
-- The answer is 64.
-- The answer is 32.
-- The answer is 80.
-- The answer is -43.
-- The answer is 95.
-- The answer is 26
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(30x7)+(7x5) you basically just have break it up.I hope this really helped you.
Answer:
840
Step-by-step explanation:
Heres the easiest way to figure this out. You deposit $700 dollars into your account, correct? So, the annual interest rate is 4%. Take 700 dollars and multiply that by 4 percent. You get $28. So, EVERY. SINGLE. YEAR. you get 28$. So, multiply 28 by 5. Thats $140. Then, add 140 into 700, and you get 840.
Hope this helped!
Answer:
Ask about the usage of euler's number in real world situations.
Ask about the usage of "i" for higher levels of math.
Ask about area under the slope.
Come up with some more stuff you are genuinely interested.
Step-by-step explanation:
