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pishuonlain [190]
4 years ago
5

Explain how compound interest is better than simple interest when it comes to saving money.

Mathematics
1 answer:
BabaBlast [244]4 years ago
5 0

Answer:

When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate.

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The sum of the digits of a certain two-digit number is 12. When you reverse its digits youthe new number is twelve less than twi
Flura [38]

Answer:

54

Step-by-step explanation:

5 0
3 years ago
Wynona buys some new boots that are priced $85.79. She gets successive discounts of 10% followed by 5% off on the boots. The pur
kotegsom [21]

Answer:84.5%

Step-by-step explanation:Subtract  85.79 from 10.5 that will give you 84.5.

3 0
3 years ago
Tasha invests in an account that pays 1.5% compound interest annually. She uses the expression P(1+r)t to find the total value o
zhenek [66]
\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$3000\\
r=rate\to 1.5\%\to \frac{1.5}{100}\to &0.015\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{annually, thus once}
\end{array}\to &1\\
t=years\to &5
\end{cases}
\\\\\\
A=3000\left(1+\frac{0.015}{1}\right)^{1\cdot 5}\implies A=3000(1.015)^5\implies A\approx 3231.852
5 0
3 years ago
Read 2 more answers
Help a crackhead out
Natasha2012 [34]
T=5w

T= total cost 
W= weeks 
 
It can't be W= because the question is asking for total cost in dollars, so two options are cancelled out.

Can't be t=5+w because it's 5 per week and if, let's say calculating dollars for 2 weeks, the answer would be t=5+2=7 and that wouldn't be right 
4 0
3 years ago
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Which of the following is true about a linear pair?
fredd [130]

Answer:

2

Step-by-step explanation:

;\

3 0
4 years ago
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