Based on the types of compounding and the interest rates, the following are true:
- Part A - The group will have $750
- Part B - The group will have $759.19
When using simple interest, the amount the group will have is:
<em>= Amount x ( 1 + rate x number of years )</em>
= 600 x ( 1 + 5% x 5)
= $750
When using compound interest, the group will have:
<em>= Amount x ( 1 + rate) ^ Number of years</em>
= 600 x ( 1 + 4%)⁶
= $759.19
In conclusion, compound interest yields more.
<em>Find out more about </em><em>compound interest </em><em>at brainly.com/question/25263325. </em>
Answer:
Answer:
m∠2= 86
Step-by-step explanation:
since they are vertical angles, that means they are both equal to eachother.
so lets set them equal!
17x+1=20x-14
17x+15=20x
15=3x
x=5
now input x into m∠2
m∠2 = 20(5) – 14 = 86
Step-by-step explanation:
Answer:
not a function
Step-by-step explanation:
3 - 2 = 1
2 - 5 = -3
5-6 = -1
6-7 = -1
Answer:
1536
Step-by-step explanation:
12 x 8 x 4 x 4
(might be wrong)
Answer
396 miles and $28.71