Answer:
Compound interest is the best.
Step-by-step explanation:
Simple interest is that which is not added to the initial capital once the term of the investment or credit has expired.
Compound interest is that which is added to the initial capital at the end of the investment or credit.
Simple interest:
I= C x i x t
15,000 * 0.05 * 5 = $ 750
Compound interest:
Cf= Ci (1+i)ᵗ
Cf = 15,000 * (1.039)^5 = $ 18,162.22
So, if Cf - Ci = I -> 3,162.22 is the compound interest.
Answer:
20
Step-by-step explanation:
Answer:
y=-2/3x-1
Step-by-step explanation:
Answer:
Step-by-step explanation:
Simplified the following system of equations into a linear equation.
Graphed (plot the points) the linear equation onto the graph.
To get the solution (2,-2) (x,y)she went positive 2 to the right and -2 down.
It seems that she runs two more laps each day, so:
day 1- 3
day 2- 5
day 3- 7
day 4- 9
day 5- 11
day 6- 13
simple patterns baby
