Answer:
Simple: 6000
Compound: 6050
Difference: 50
Step-by-step explanation:
Simple interest formula: A = P(1+rt), where A = final amount, P = initial amount, r = rate, and t = time. Plug our values in to get
A = 5000(1+10% * 2)
convert 10% to a decimal by dividing by 100 and plug that in
10% = 0.1
5000(1+0.1*2) = 5000(1.2) = A = 6000
Compound interest formula: A = P(1+r)^t
Plug our values in
5000(1+0.1)^2 = 6050
Difference = 6050 - 6000 = 50
Answer:
2.16666666667 or rounded to 2.17
Step-by-step explanation:
first you have to change the mixed number to an improper fraction which would be 13/6 and then divide the numerator by the denominator
Standard form : Ax + By = C
y = 2/3x + 1
-2/3x + y = 1....multiply by -3
2x - 3y = -3 <=== standard form
C. The range represents the number of users each month for 36 months.
