You can distribute the q to both terms to get

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
There is no work to show. It is really just trial and error till you get the hang of it. You look at the multiples of the last term and find.which add or subtract to the middle terms coefficient. Use DeCartes law of signs to determine if it is plus or minus.
1. Does not factor solve using other method
2. (X-5)^2
Answer:
5.7
Step-by-step explanation: