Answer:
$21.17
Step-by-step explanation:
Simple Interest=P(1+r)^t
Compounded Interest=P(e^rt)
SI=668*(1.0925)^5
SI=1039.64
CI=668(e^(0.0925*5))
CI=1060.81
1060.81-1039.64=21.17
So the difference is $21.17, thus doing compounded interest is better.
Answer:
huh
Step-by-step explanation:
Answer:
I think it’s parallel
Step-by-step explanation:
Correct me if this is wrong