By reading the graph,
Simple interest after 35 years = 600 dollars
Compound interest after 35 years = 850 dollars
So compound interest is 850 - 600 = 150 dollars more than simple interest
Simple interest after 45 years = 700 dollars
Compound interest after 45 years = 1150 dollars
So compound interest after 45 years is 1150-700=450 dollars more than the simple interest
B and C are the same choices but the computer size will stay the same as it was before.
What you want to do is get x alone. So, divide both sides by -1/2 so x is alone. -12 divided by -1/2 is 24. Since this is an inequality you have to flip over your inequality sign when multiplying or dividing by a negative so your answer is now x>24
Answer:
$5504
Step-by-step explanation:
Given that :
Principal amount = $500
Interest = 4% simple interest annually
Amount added at the end of each year :
First year:
Principal + (Principal * rate * time)
500 + (500 * 0.04) = 520
$520 + $250 = $770
2nd year:
770 + (770 * 0.04) = $800.80
$800.80 + $250 = 1050.80
3rd year:
1050.8 + (1050.8 * 4) = 5254
$5254 + 250 = $5504
Answer:
Exact Form:
265/3
Decimal Form:
88.3 (with a line over the 3)
Mixed Number Form:
88 1/3
