Step-by-step explanation:
you need to find the area and add them together
The formula to find the amount is
here A is amount
P is the principal
'r' is the rate of interest
n is the number of years.
Case 1.
Stevan invests
P =$ 20,000
r = 3% = 0.03
n = 10 years
Hence the interest earned
= A - P = 26878.33 - 20000 = $6878.33
Case 2.
Evan invests
P = $10,000
r = 7% = 0.07
n = 7 years
Hence the interest earned
= A - P = 16057.81 - 10000 = 6057.81
Difference in the interest = 6878.33 - 6057.81 = $820.52
Rounded to the nearest dollar difference in interest = $821
Answer:
<u><em>Answer is below</em></u>
Step-by-step explanation:
<u><em>10=3x-8</em></u>
<u><em>always remember to flip the equation</em></u>
<u><em>3x-8=10</em></u>
<u><em>Add 8 to both sides</em></u>
<u><em>3x-8(+8)=10(+8)</em></u>
<u><em>3x=18</em></u>
<u><em>Divide both sides by 3</em></u>
<u><em>3x/3=18/3</em></u>
<u><em>x=6</em></u>
