Answer: Ben will have the most interest.
Step-by-step explanation:
Ali after 3 years.
To use compound interest, the formula is:
= Investment * ( 1 + rate) ^ no. of periods
= 2,000 * ( 1 + 2.5%)³
= £2,153.78
Interest = Amount after 3 years - investment
= 2,153.78 - 2,000
= £153.78
Ben after 3 years.
= 1,600 * (1 + 3.5%)³
= £1,773.95
Interest = 1,773.93 - 1,600
= £173.93
The answer is 0 because they’re the same
Answer: $31.45
Step-by-step explanation:
Given : The price of a pair of pants is $29.95.
The sales tax is 5% = 0.05
Required formula :
Total cost = Price + sales tax percent × Price
Total cost= Price (1+Sales tax percent)
i.e. Total cost of the pair of pants= 29.95 (1+0.05) =29.95(1.05)=31.4475 ≈ 31.45
Hence, the total cost of the pair of pants = $31.45
Answer:
-4
Step-by-step explanation:
Slope = y2 - y1/x2 - x1
Given
x1 = 6
y1 = 2
x2 = 4
y2 = 10
Therefore
Slope = 10 - 2/4 - 6
= 8/-2
= -4
Answer:
425
Step-by-step explanation: