Answer:
she is wrong, offer 2 results in lower interests
Step-by-step explanation:
total amount paid if offer 1 is accepted:
$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40
she will pay $365.40 in interests
total amount paid if offer 2 is accepted:
($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363
she will pay $363 in interests
Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40
Answer:
Mark point E where the circle intersects segment BC
Step-by-step explanation:
Apparently, Bill is using "technology" to perform the same steps that he would use with compass and straightedge. Those steps involve finding a point equidistant from the rays BD and BC. That is generally done by finding the intersection point(s) of circles centered at D and "E", where "E" is the intersection point of the circle B with segment BC.
Bill's next step is to mark point E, so he can use it as the center of one of the circles just described.
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<em>Comment on Bill's "technology"</em>
In the technology I would use for this purpose, the next step would be "select the angle bisector tool."
Can you show us the question?
Answer:
He should enter the lottery
Step-by-step explanation:
