Answer:
Correct
Incorrect
Incorrect
Correct
Step-by-step explanation:
Answer:
Simple interest = $36
Compound interest = $48.96
It's better to invest $600 at 4% compounded monthly for 2 years as it's giving us more profit.
Step-by-step explanation:
Simple interest is calculated on the principal amount of a loan. Compound interest is calculated on the sum of principal amount and accumulated interest of previous periods.
Simple interest =
Compound interest =
Here, P denotes principal amount, R denotes rate of interest, T denotes time.
Given: $600 invested at 3% simple interest for 2 years, $600 invested at 4% compounded monthly for 2 years
To find: Simple interest and compound interest.
Solution:
Take P=600, R=3% and T=2 years
Using the formula of simple interest mentioned above,
Simple interest =
So, interest earned is $36
Take P=600, R=4% and T=2 years
Using the formula of compound interest mentioned above,
Compound interest =
=
=
=
=
So, interest earned is $48.96
It's better to invest $600 at 4% compounded monthly for 2 years as it's giving us more profit.
Answer:
1. Total number of comments divided by the expenses
Total number of likes divided by the expenses.
2. Yes. According to both definitions, website A has more user engagement per a single dollar expense.
Step-by-step explanation:
Answer:
C
Step-by-step explanation:
The bottom of the pentagon has a ratio of 6\4 which is equal to 3\2
Diameter of 10 in= Radius of 5 in
Area of circle= pi*r^2
Area= 3.14*5^2
Area= 3.14*25
Area= 78.5
Final answer: C