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:
a) 4(t - r) = 4(6 - 2.5) = 4 x 3.5 = 14
b) 4t - r = (4 x 6) - 2.5 = 24 - 2.5 = 21.5
c) 2(3t - 10) = 2(3 x 6 - 10) = 2(18 - 10) = 2 x 8 = 16
d) (t - 2)² = (6 - 2)² = 4² = 4 x 4 = 16
e) cannot decipher the equation
f) 6r + t = 6 x 2.5 + 6 = 15 + 6 = 21
D.
None of the above. Because your expression would be, 2 + 0.75 x 6.
Hope it helps. ;)
Answer:
6
Step-by-step explanation:
=> -x+4
<u><em>Given that x = -2</em></u>
=> -(-2)+4
=> 2+4
=> 6
