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:
sorry dont know
Step-by-step explanation:
Answer:
Step-by-step explanation:
4x + 3y = -1 --------------(i)
3x - 9y = 33 -------------(ii)
multiply equation (i) by 3
(i)* 3 12x + 9y = -3
(ii) <u> 3x - 9y = 33</u>
add, 15x = 30
x = 30/15
x = 2
Put x =2 in Equation (i)
4*2 + 3y = -1
8 +3y = -1
3y = -1-8
3y = -9
y = -9/3
y= -3
3 bags = 16 m
1 bag = 5/1/3 m
5 bags = 26 m 40 seconds
i am a mathematics teacher. if anything to ask please pm me
834 ➗ 2 =417. I hope I helped :)
