b5d₁₆ = 11×16² + 5×16¹ + 13×16⁰
… = 11×(2×8)² + 5×(2×8)¹ + 13×(2×8)⁰
… = 11×4×8² + 5×2×8¹ + 13×8⁰
… = 44×8² + 10×8¹ + 13×8⁰
… = (40 + 4)×8² + (8 + 2)×8¹ + (8 + 5)×8⁰
… = (5×8 + 4)×8² + (1×8 + 2)×8¹ + (1×8 + 5)×8⁰
… = 5×8³ + 4×8² + 1×8² + 2×8¹ + 1×8¹ + 5×8⁰
… = 5×8³ + 5×8² + 3×8¹ + 5×8⁰
… = 5535₈
Answer:
Difference= $3,090.15 in favor of compounded interest
Step-by-step explanation:
Giving the following information:
Present value (PV)= $8,500
Ineterest (i)= 0.025/12= 0.00208
Number of periods (n)= 360 months
<u>We will calculate the future value of each option and determine the difference:</u>
<u>Simple interest:</u>
FV= (PV*i*n) + PV
FV= (8,500*0.00208*360) + 8,500
FV= $14,864.8
<u>Compounded interest:</u>
FV= PV*(1+i)^n
FV= 8,500*(1.00208^360)
FV= $17,958.95
Difference= $3,090.15
I think the answer to number six is two because 35 is the mean and 37 is 2 away from 35 sorry if I'm wrong
Lol. ..I just finished this one for another person
2 (n-2) = n - 5/2