Answer:
A. $2.26
Step-by-step explanation:
An equation for Harper's balance can be written similar to the one written for Raymond's balance. It will be ...
H(t) = 110(1.035)^t
For t = 2, the two balances will be ...
H(2) = 110(1.035^2) = 117.83
R(2) = 110(1.025^2) = 115.57
The difference is ...
$117.83 -115.57 = $2.26
Harper's account will have $2.26 more.
_____
As a quick estimate or sanity check, you can see that Harper's interest rate is 1% more than Raymond's. So, in 2 years, he will earn a little more than 2% more on his investment than Raymond earns. 2% of $110 is $2.20, so the difference can be expected to be slightly more than this.
Answer:
6 stand for 600(six hundred).
Answer:
I = (70) x (0.03) x (12)
Step-by-step explanation:
The general formula of simple interest formula is: I = PRT where I = simple interest, P = principal amount, R = interest rate, T = time (in years). Given that the initial investment is $70, the interest rate is 3% (or 0.03 as a decimal) and the time is 12 years, you can form the following:
I = (70) x (0.03) x (12)
6r × s × 4rt = (6 × 4)(r × r)(st) = 24r²st
The ordered pair which is a solution to every linear equation of the form given is; (0, 0).
<h3>Which ordered pair is a solution to the linear equation?</h3>
It follows from the task content that the ordered pair which satisfies the equation of the form y =Mx be determined.
On this note, since the product of any real number, slope in this scenario and 0 is; 0.
Ultimately, it follows that the required ordered pair is; (0, 0) for any real number value of the slope, m.
Read more on ordered pair;
brainly.com/question/1528681
#SPJ1