The amount in simple interest is $3624 and in compound interest is $3674 the difference is of $50. So he should choose Simple interest.
<h3>What is compound and simple interest?</h3>
Simple interest is based on the principal amount of a loan or deposit. In contrast, compound interest is based on the principal amount and the interest that accumulates on it in every period.
Here we have the principle is $3000 for 4 years at the rate of interest of 5.2%. Now we will calculate the total amount by simple interest and compounded annually.
By using Simple interest:-

So the total amount will be =3000+624=$3624
By using the Compound interest formula:



The difference between the two amounts will be =3764-3624=$50
Hence amount in simple interest is $3624 and in compound interest is $3674 the difference is of $50. So he should choose Simple interest.
To know more about Compound interest Follow
brainly.com/question/24924853
#SPJ1
Answer:
she should use 2 cups of peanut butter
Step-by-step explanation:
to know the answer to that
use this equation (pb is peanut butter &o is oil)
1cup of pb=1/2 cup of o
?=1 cup of o
1×1÷1/2= 1×1×2/1=2co cups of pb
Answer:
#1). 6 , 18 , 54
#2). 5/3 , 14 / 9 , 41/27
#3). 1.5 , 2.5 , 2.5
Step-by-step explanation:
#1).
g(x) = 3x
g(2) = 3 . 2 = 6
g²(2) = 3 . 3 . 2 = 18
g³(2) = 3 . 3 . 3 . 2 = 54
#2).
g(x) = 1/3 x + 1
g(2) = 2/3 + 1 = 5/3
g²(2) = g(5/3) = 5/9 + 1 = 14/9
g³(2) = g(14/9) = 14/27 + 1 = 41/27
#3).
g(x) = -1 ║x - 2 ║ + 3
g(0.5) = -1 (1.5) + 3 = 1.5
g²(0.5) = g(1.5) = -1(0.5) + 3 = 2.5
g³(0.5) = g(2.5) = -1(0.5) + 3 = 2.5
Answer:
is this collage mathz
Step-by-step explanation: