The accompanying graph shows the amount of
1 answer:
You might be interested in
Hey there :)
We know the formula for simple interest is
I = prt
{ The picture includes what each stands for }
Lehena:
Initial amount = $100
Interest rate = 2.5% =
Time = 3 years
I = ( 100 )( 0.025 )( 3 )
= 7.5$
Total = $100 + $7.5 = $107.5
Marty:
Initial amount = $100
Interest rate = 2% =
Time = 3 years
I = ( 100 )( 0.02 )( 3 )
= $6
Total = $100 + $6 = $106
How much more than Marty did Lehena receive?
= Total Amount of Lehena - Total Amount of Marty
= 107.5 - 106
= $1.5
Your answer will be option B) $1.50
We know the formula for simple interest is
I = prt
{ The picture includes what each stands for }
Lehena:
Initial amount = $100
Interest rate = 2.5% =
Time = 3 years
I = ( 100 )( 0.025 )( 3 )
= 7.5$
Total = $100 + $7.5 = $107.5
Marty:
Initial amount = $100
Interest rate = 2% =
Time = 3 years
I = ( 100 )( 0.02 )( 3 )
= $6
Total = $100 + $6 = $106
How much more than Marty did Lehena receive?
= Total Amount of Lehena - Total Amount of Marty
= 107.5 - 106
= $1.5
Your answer will be option B) $1.50
Arithmetic sequences have a common difference between consecutive terms.
Geometric sequences have a common ratio between consecutive terms.
Let's compute the differences and ratios between consecutive terms:
Differences:
Ratios:
So, as you can see, the differences between consecutive terms are constant, whereas ratios vary.
So, this is an arithmetic sequence.