I think it's the second answer...
Solution:
Principal =P= $ 7,500
Option A→(Simple interest)
Rate of interest= R=4%
Time(
)=4 years
Time(
)=6 years
Amount= Principal + Interest(Simple or compound interest)
Formula for Simple interest
Total amount after 4 years when interest is simple= 7500 +1200= $ 8700
Total amount after 6 years when interest is simple= 7500 +1800= $ 9300
Option B
Formula for amount(A) when interest is 3.15% compounded annually.
Total amount after 4 years when interest is compounded annually=$ 8491 (approx)
Total amount after 6 years when interest is compounded annually=$ 9034(approx)
Answer:
Tom’s age is 7 years
Mary’s age is 13 years
Step-by-step explanation:
Since we do not know the ages, let’s represent the ages by variables at first.
Let m represent mary’s age will t represent Tom’s age.
Now, let’s proceed to have equations.
Adding square of Tom’s age (t^2) to mary’s age give 62
t^2 + m = 62 •••••••(i)
Adding square of mary’s age (m^2) to Tom’s age give 176
m^2 + t = 176 •••••••(ii)
Now, to get the individual ages, we will need to solve both equations simultaneously.
Solving both equations simultaneously without mathematical softwares can be a little hard.
By the use of mathematical software ( wolfram alpha to be specific), we can input both equations and allow the software to solve.
By inputing these equations, we have the values of t to be 7 and m to be 13
And if we try to check by inspection, we can see that these values are actually correct.
7^2 + 13 = 62
13^2 + 7 = 176
S= 15
3s=45
3s/3=45/3
S=15
You have to divide both sides
Your answer is the last option
54-6i/41
