Answer:
I would rather do the second option of which uses Compound interest that will give a profit of $47.85
Step-by-step explanation:
In this problem we will be exploring the two formulas
1. simple interest
A= P(1+r*t)
2. compound interest
A= P(1+r/n)^nt
Where A= final amount
P= initial amount
r= rate
t= time.
n= number of periods Compounded
1.given data
P= $600
r= 3%= 3/100= 0.03
t= 2 years
A= 600(1+0.03*2)
A= 600(1+0.06)
A= 600(1.06)
A= $636
Interest = 636-600= $36
2. Given data
P= $600
r= 4%= 4/100= 0.04
n= 24
t= 2
A= 600(1+0.04/24)^24*2
A=600(1+0.0016)^48
A=600(1.0016)^48
A= 600*1.07975
A= 647.85
Interest = 647.85-600= $47.85
Answer:
b
Step-by-step explanation:
Say Jess owes 30 dollars
30 + 3(.05) = 31.5
30(1.05= 31.5
it makes a lot of sense
Answer: a:7 b:36 c:4
Step-by-step explanation:
the exponents are the amount of 0s you put behind the number.
ex: 10 to the power of 4: 10,000, 4 zeroes.
Answer:
a) 30 games
b) 66 points total
c) 2.2 points/ game
d) modal goals = 1
Step-by-step explanation:
a) 2 + 10 + 7 + 6 + 3 + 2 = 30 total games
b) (2*0) + (10*1) + (7*2) + (6*3) + (3*4) + (2*5)
0 + 10 + 14 + 18 + 12 + 10 = 66 total goals
c) 66 goals/ 30 games = 2.2 goals/ games
d) highest frequency of number of goals is 1 goal
Answer: the chiled is 3 years old
Step-by-step explanation:
