3 years ago

Explain the difference between simple interest and compound interest.

1 answer:

8 0

Simple interest:

Simple interest is simple. Each year, the interest is calculated as a percentage of the principal, as follows: Interest= (principal) x (rate) x (time).

Compound interest:

Compound interest<span> is calculated on the principal amount and also on the accumulated </span>interest <span>of previous periods.</span>

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yul has lunch at a restaurant if his bill is $14.50 and yul want to leave 20% tip what is the amount he should leave for a tip

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You are selling tickets to a play. You have sold (3t+2) tickets for $5 each and (2t+5) tickets for $7 each. Write an expression

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5(3t+2) + 7(2t+5)

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