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bekas [8.4K]
3 years ago
13

Explain the difference between simple interest and compound interest.

Mathematics
1 answer:
USPshnik [31]3 years ago
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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In 1)

Line 1 has following coordinates.
(0,0) ; (1,-2) ; (2,-4)

Line 2 has following coordinates.
(0,0) ; (1,0.5) ; (2,1)

Line 3 has following coordinates.
(0,1) ; (1,1.5) ; (2,2)

If you'll draw the lines, you'll observe that Line 1 is perpendicular to Line 2 and Line 3 and Line 2 and Line 3 are parallel to each other.

So,
Option D will be correct.

5 0
4 years ago
Help with number 16 (15 points!)
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Answer:

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Step-by-step explanation:

comment if you would like an explanation for this.

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3 years ago
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3 years ago
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