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Rashid [163]
3 years ago
14

1) Describe the difference between simple and compound interest.

Mathematics
1 answer:
Nuetrik [128]3 years ago
3 0

Answer:

While both types of interest will grow your money over time, there is a big difference between the two. Specifically, simple interest is only paid on principal, while compound interest is paid on the principal plus all of the interest that has previously been earned.

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Isip at kilos loob ng<br> paaralan​
Afina-wow [57]
Lol I actually laughed at this silly much ?
7 0
3 years ago
This is a pre calculus question that I need help with, serious answer PLEASE and thank you! Will give brainliest.
IRISSAK [1]

The wording of this question is a bit confusing... You can't write a sequence in sigma notation, but rather a series or sum. I think the question is asking you to write the sum of the sequence,

\dfrac12,\dfrac14,\dfrac18,\ldots,\dfrac1{64}

which would be

\dfrac12+\dfrac14+\dfrac18+\cdots+\dfrac1{64}

in sigma notation.

To do this, notice that the denominator in each term is a power of 2, starting with 2^1=2 and ending with 2^6=64. So in sigma notation, this series is

\displaystyle\sum_{n=1}^6\frac1{2^n}

4 0
2 years ago
Waffle House cookes 8 eggs for every 3 people how many people will 128 eggs feed?
meriva
336 is the amount of eggs that will be cooked
4 0
3 years ago
Read 2 more answers
PLEASE HELP!!!!!
Vesna [10]

Answer:

$289,169.84 (to the nearest cent)

Step-by-step explanation:

Compound interest is based on the principal amount and the interest that accumulates on it in every period.

Compound Interest = P (1 + r)^n

where P = principal amount, r = annual interest rate (as a decimal), n = term, in years​

So for this problem:

P = 185000

r = 1.4 ÷ 100 = 0.015

n = 30

Therefore,  

Compound Interest = P (1 + r)^n

                                = 185000 x (1 + 0.015)^30

                                = 185000 x (1.015)^30

                                = 289169.8408...

                                = $289,169.84 (to the nearest cent)

5 0
2 years ago
Eight hundred tickets are sold for a play. Thirty-five percent of those tickets were sold in advance. Which equation can be
Amiraneli [1.4K]

Answer:

35% of 800

35% = 0.35

0.35 × 800 = 280

Your answer is 280 tickets ; 0.35 × 800

7 0
2 years ago
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