Answer:
A. $2.26
Step-by-step explanation:
An equation for Harper's balance can be written similar to the one written for Raymond's balance. It will be ...
H(t) = 110(1.035)^t
For t = 2, the two balances will be ...
H(2) = 110(1.035^2) = 117.83
R(2) = 110(1.025^2) = 115.57
The difference is ...
$117.83 -115.57 = $2.26
Harper's account will have $2.26 more.
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As a quick estimate or sanity check, you can see that Harper's interest rate is 1% more than Raymond's. So, in 2 years, he will earn a little more than 2% more on his investment than Raymond earns. 2% of $110 is $2.20, so the difference can be expected to be slightly more than this.
Answer:
paying interest on your purchase
Next to 0. 7 on the number line
Answer:
5:15
Step-by-step explanation:
Quater means 15 and passed means 15 passed 5
