Answer:
Bill will earn more interest
He will earn $ 20,448.67 from his investment
Step-by-step explanation:
Firstly let us calculate Jim's earnings based on simple interest
A = P(1 + rt)
Calculation:
First, converting R percent to r
a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
Solving our equation:
A = 15000(1 + (0.035 × 25)) = 28125
A = $28,125.00
The total amount accrued, principal plus interest, from simple interest on a principal of $15,000.00 at a rate of 3.5% per year for 25 years is $28,125.00 for Jim
Now let's us calculate bill's investment based on compound interest
Equation
A = P(1 + r)^t
A=15000(1+0.035)^25
A=15000(1.035)^25
A=15000*2.36324498427
A = $ 35,448.67
We see that Bill will earn
$ 20,448.67 from his investment
Answer:
109.9
Step-by-step explanation:
diameter of circle(d)=35
perimeter of circle(p)=?
we know,
p=pi d
=3.14×35
=109.9
Answer: x = -2
Step-by-step explanation:
Given:
Perimeter = 50 cm
=> 2 (2x+15)+ 2(3x+20) =50
=> 4x+30+6x+40=50
=> 10x= -20
=> x= -20/10
=> x = -2
Answer:
The answer to your question is: third option is correct
Step-by-step explanation:
According to the graph we can see that the points where both lines crosses are:
A (4, 8) and B (-4, 0)
429 estimates to either 250 or 230. So 250 x 5 = 1250 And 230 x 5 = 1150
