Answer:
Compound interest =$14.58
Simple Interest=$14.79
Step-by-step explanation:
Let's assume the interest rate charged on the loan was simple in nature.
-Simple interest is calculated using the formula:
Hence, the simple interest on the loan was $14.79
#If the interest is compound in nature with just one compounding per year:
Hence, the compound interest charged on the loan is $14.58
Answer:
B. The absolute value parent function
Step-by-step explanation:
Referred to as absolute value, the value inside the bars is measured in terms of its distance from 0. Therefore:
In essence, a negative value within the bars becomes positive, while a positive value remains positive.
Answer:
Step-by-step explanation:
1) Add the whole numbers first.
2) Join the denominators.
3) Simplify.
hence, the answer is 3 4/5.