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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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While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After
uysha [10]

Answer:

$140.41

Step-by-step explanation:

250 * 1.3687 = 3412.175 Euros.

- 150 Euros = 192.175

192.175  1.3687 = $140.41

3 0
2 years ago
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max2010maxim [7]
Brainliest for the person above me, thank you very much.
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2 years ago
Simplify the expression using the order of operations: (21−3)÷32 6th grade math btw
amid [387]

Answer:

9/16

Step-by-step explanation:

3 0
2 years ago
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Which of the following represent the rule y = x + 2? Input x -3 -2 -1 0 1 Output y -1 0 1 2 3 Input x 3 4 5 6 7 Output y 5 7 9 1
ziro4ka [17]
We know that 
the rule is
y=x+2
then 
for x=-3 -------------------> y=-3+2=-1
for x=-2 -------------------> y=-2+2=0
for x=-1 -------------------> y=-1+2=1
for x=0 ------------------->  y=0+2=2
for x=1 ------------------->  y=1+2=3

for x=3 -------------------> y=3+2=5
for x=4 -------------------> y=4+2=6
for x=5 -------------------> y=5+2=7
for x=6 -------------------> y=6+2=8
for x=7 -------------------> y=7+2=9

the answer is 
<span>Input x -3 -2 -1 0 1 Output y -1 0 1 2 3</span>
3 0
3 years ago
Read 2 more answers
How to find the axis of symmetry if the parabola doesn't cross the y axis<br> please i need help
ale4655 [162]

Step-by-step explanation:

a parabolic graph is given by the equation ax^2 + bx + c

the axis of symmetry is equal to -b/(2a)

however it is worth noting that all parabolas have a y intercept since their domain is all real numbers.

make sure to inform me if you need further guidance.

6 0
2 years ago
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