the first simple interest will be $1.73 more than the second one.
<h3>
Which is the difference between the two interests?</h3>
The loan is of $575, and there are two options:
7 years at 4.5% or 8 years at 3.9%
Remember that the simple interest formula is:
SI = (P*R*T)/100
Where:
P = principal value.
R = rate (this is the percentage per year)
T = time, in years.
Then for the first option. the interest will be:
SI = ($575*4.5*7)/100 = $181.13
For the second option we will have the interest:
SI' =( $575*3.9*8)/100 = $179.4
The difference is:
$181.13 - $179.4 = $1.73
This means that the first simple interest will be $1.73 more than the second one.
If you want to learn more about simple interests:
brainly.com/question/20690803
#SPJ1
Answer: Thomas is 33 years old
Step-by-step explanation:
59-7=52
52÷2=26
26+7=33
So therefore Thomas is 33 years old
Answer:
it is 468 inches.
Step-by-step explanation:
The answer is B.
This is because <span>any angle formed by two chords is equal to half the sum of intercepted arcs.</span>
Area of a circe = Pi x radius^2
