Answer:
Compound interest is the best.
Step-by-step explanation:
Simple interest is that which is not added to the initial capital once the term of the investment or credit has expired.
Compound interest is that which is added to the initial capital at the end of the investment or credit.
Simple interest:
I= C x i x t
15,000 * 0.05 * 5 = $ 750
Compound interest:
Cf= Ci (1+i)ᵗ
Cf = 15,000 * (1.039)^5 = $ 18,162.22
So, if Cf - Ci = I -> 3,162.22 is the compound interest.
Answer:
$1382
3455 is 5/7 of salary so divide 3455/5 = 691
then multiply 691x2 because rent is 2/7 of salary
691x2 = 1382
Answer:
Step-by-step explanation:
The max value that this function reaches is 6, and the function reaches this value repeatedly, beginning at x = 0 and then at x = 6, 12, 15, etc. This tells us that the period of the function is 6.
The function is increasing on (3, 6), (9, 12), and so on
The function is even because the graph is symmetrical about the y-axis.
Answer:
5
Step-by-step explanation:
20 divided by 4 = 5
1 x 5 = 5
Answer:
72.9
Step-by-step explanation:
10% off 75 gets you to 67.5
8% more than 67.5 is 72.9
