Is there any way you can take a picture of the problem? I cannot interpret the way you asked your problem.
With simple interest, interest is calculated based on the original deposit only. The amount of interest earned in 1 year does not affect the amount of interest earned in following years.
With compound interest, interest is "compounded" or added a specific number of times per year. After the interest is added, the next time it is calculated, the amount is based on the total amount in the account.
For example, if we deposit $100 at 2% compound interest that is compounded yearly, the first year our interest would be 0.02(100) = $2. Before the interest is calculated the next year, this $2 is added to the account, making it $102. This is the value we use to calculate the next year's interest: 0.02(102) = $2.04.
Because of this, compound interest grows more quickly.
Answer:
Your answer.
X = 176.15
Y = 252.3
X = student
Y= Non student
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Step-by-step explanation:
Answer:
The price of one pound of bell peppers is $0.6.
Step-by-step explanation:
This problem is equivalent to the following:
<em>"if 10 oranges cost $20, how much does 1 orange cost? "</em>
and the answer to that question is:
price of 1 orange = $20/ 10 oranges = $2 per orange.
Put simply, we divided the total price by the total number of items, and we shall do the same thing for the case of bell peppers:
price of 1 pound = $1.25/ 2.5 pounds = $0.5/ pound.
The price for 1 pound of bell peppers is $0.5.
Answer:
Your answer is 11.42
Step-by-step explanation:
hope it helps
