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:
B.
Step-by-step explanation:
The quickest way to do this is to use a graphing calc or an online graphing program and graph each problem. When you do so, you should get B. y=3(1/3)^x as your answer.
Answer:
69
Step-by-step explanation:
4.8, I hope this helps you, I answered this earlier. :)
Well what i did was subtract 10 from 15 it get 5 for one side length and the other would be 24-16= 8. the scale factor would be +5 and + 8.
