Answer:
she is wrong, offer 2 results in lower interests
Step-by-step explanation:
total amount paid if offer 1 is accepted:
$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40
she will pay $365.40 in interests
total amount paid if offer 2 is accepted:
($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363
she will pay $363 in interests
Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40
Answer:
wdym what solution put the equation down so I can answer it 4 u
Answer:
y = -4x + 4
Step-by-step explanation:
8x+2y+2=0
turn that into slope intercept form:
y = -4x - 1
a parallel line has the same slope, but different y-intercept
y = -4x + b
put (2,-4) into the equation
-4 = -4(2) + b
you get b=4
final product:
y = -4x + 4
Answer:
5,333 square yards.
Step-by-step explanation:
Football fields have standard 100 yards length, if you walk the perimeter of a football field you will walk the twice the length and twice the width. Therefore, the width of the field can be found as follows:
The area of the playing field is the product of the length by the width
The area of the playing field is 5,333 square yards.