Answer:
Compound interest
Step-by-step explanation:
The question requires us to determine if the interest earned is a simple or compound interest
Simple interest = amount deposited x time x interest rate
Future value with compounding = A( 1 + r)^n
A = amount deposited
r = interest rate
n = time
We would calculate the simple interest and the future value in year 2
Simple interest in year 2 = $3500 x 0.0375 x 2 = 262.50
Future value in 2 years with a simple interest = 262.50 + 3500 = $3762.50
Future value in year 2 with compounding = 3500 x (1.0375)^2 = $3767.42
The value provided in year 2 with compounding matches that provided in the question. Thus, it is compounding of interest that is done
Answer:
C. corresponding angles theorem
128,000
8 rounds up because the 9 in the hundreds place
answer: 0.000027= 2.7× 10 to the power of -5
Vera's change will be $1.94
Baby potatoes= 1.62
Green beans= 2.54
Amount spent on potatoes= 1.62×2.625
= 4.25
Amount spent on beans= 2.54× 1.5
= 3.81
The change can be calculated as follows
= 3.81 + 4.25
= 8.06
10-8.06
= 1.94
Hence the change is $1.94
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