I would say yes just by observing them for a few minutes
No, it's not a positive flow. If you're wasting more money than what you earn, you'll have a negative cash flow. It's false
(original - new)/original * 100%
(48-15)/48 * 100%
33/48 *100%
68.75 % decrease
30 divided by 6 gives you the amount of laps which would be 5 laps
Answer:
Step-by-step explanation:
Step one:
given data
Maya
P=$1650
r=5%= 0.05
t= 4 years
The simple interest expression is
A=P(1+rt)
A=1650(1+0.08*4)
A=1650(1+0.32)
A=1650(1.32)
A=1650*1.32
A=$2178
James
P=$1600
r=8%= 0.08
t=4years
The compound interest expression is
A=P(1+r)^t
A=1600(1+0.08)^4
A=1600(1.08)^4
A=1600*1.360
A=$2176
<em>After 4 years Mayas' balance is $2178</em>
<em>After 4 years James' balance is $2176</em>
<em>the difference is =2178-2176=$2</em>