Someone please talk to me i'm having a horrible day
2 answers:
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Step-by-step explanation:
Simple interest formula
Compound interest formula
a.
Simple interest is $125
b
.
Compound interest is $125
c. the result for both a and b are the same
d.
the simple interest is $375
e
.
the compound interest is $385
f. the result compared, compound interest is $10 more than simple interest
g.
the simple interest is $600
h.
the compound interest is $4869
i. the result from g and h, h is over 8 times bigger than g.
j. interest compound annually is not the same as simple interest, only for the case of a and b seeing that it is for 1 year. but for 2years and above there is difference as seen in c to h
Answer:
The population will be 896 turtles 6 years later ⇒ B
Step-by-step explanation:
The exponential increasing formula is y = a, where
- y is the new value
- a is the initial value
- r is the rate of increase in decimal
- x is the time in years
∵ There are 300 turtles
∴ a = 300
∵ The population of the turtles exponentially increases 20% each year
∴ r = 20%
→ Divide it by 100 to change it to decimal
∵ 20% = 20 ÷ 100 = 0.2
∴ r = 0.2
∵ The time is 6 years
∴ x = 6
→ Substitute these values in the exponential formula above
∵ y = 300
∴ y = 300
∴ y = 895.7952
→ Round it to the nearest whole number
∴ y = 896
∴ The population will be 896 turtles 6 years later