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trasher [3.6K]
3 years ago
12

What is the difference between simple and compound interest?

Mathematics
1 answer:
rjkz [21]3 years ago
4 0

Answer:

Step-by-step explanation:

Examples. A friend asks to borrow $300 and agrees to repay it in 30 days with 3% interest. How much interest will you earn? Simple interest is calculated on the principal, or original, amount of a loan. Compound interest is calculated on the principal amount and also on the accumulated interest of previous periods, and can thus be regarded as "interest on interest."

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Solve and simplify.. 1/2 ÷6 =​
nikklg [1K]

Answer:

1/12

Step-by-step explanation:

1/2 ÷ 6

is the same as;

1/2 × 1/6 = 1/12

4 0
3 years ago
Thomas bought several paintbrushes for $4 each. He paid with a $20 bill. The expression 20 – 4n is used to determine how much ch
Tresset [83]

Answer:

the variable n represents how many of the product thomas bought

Step-by-step explanation:

20 dollars is the initial amount of money, and for every paintbrush, you have to subtract 4 dollars from thomas's initial amount, and the result of the subtraction is the amount of change he will recieve.

4 0
3 years ago
Kaeleb made an apple pie in the shape of a triangle. The side lengths of his pie are 9 centimeters. He wants to reduce each side
White raven [17]

Answer:

hi

Step-by-step explanation:

4 0
3 years ago
What is 380 when it is increased by 18%
Yuri [45]
18%=0.18
380×0.18=68.4 increase
380+68.4=448.4

the easier way is to think 1 times any number is the same number so 380(1+0.18)=448.4 (just like adding tax to the price of something to see how much you'll actually pay)
6 0
3 years ago
The sum of the two decimals is 1 the product of these decimals is 0.25 the quotient of these two decimals is 1 what are the two
ExtremeBDS [4]
Since the quotient of the two decimal numbers is 1, that tells use that they are the same number.
Since the sum of the two numbers equals 1 and both numbers are the same, then the answer must be 1 divided by 2. or .5
the fractions would be 1/2 and 1/2

5 0
3 years ago
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