the first simple interest will be $1.73 more than the second one.
<h3>
Which is the difference between the two interests?</h3>
The loan is of $575, and there are two options:
7 years at 4.5% or 8 years at 3.9%
Remember that the simple interest formula is:
SI = (P*R*T)/100
Where:
P = principal value.
R = rate (this is the percentage per year)
T = time, in years.
Then for the first option. the interest will be:
SI = ($575*4.5*7)/100 = $181.13
For the second option we will have the interest:
SI' =( $575*3.9*8)/100 = $179.4
The difference is:
$181.13 - $179.4 = $1.73
This means that the first simple interest will be $1.73 more than the second one.
If you want to learn more about simple interests:
brainly.com/question/20690803
#SPJ1
Answer:
5/14
Step-by-step explanation:
The total number of cards is 8
There are 5 blue cards
P(1st card is blue) = blue/total = 5/8
We take away a blue card
The total number of cards is 7
There are 4 blue cards
P(2nd card is blue) = blue/total = 4/7
The probability of blue blue is P(blue blue ) =
P(1st card is blue)*P(2nd card is blue) =
5/8* 4/7
20/56
We can divide the top and bottom by 4
5/14
Answer:
$80 billion
Step-by-step explanation:
From the graph, we have the following:





Required
Determine the difference in US and Denmark exports
The difference is calculated as thus:

This gives:



<em>Hence, the difference is $80 billion</em>
Answer:
(-4, -3)
Step-by-step explanation:
The graph of both lines will be shown below.
To find the solution, we need to find the point on the graph that both lines intersect on.
As we can see, both lines intersect on the point (-4, -3). Thus, that is the solution.
Best of Luck!