Answer:
Difference= $3,090.15 in favor of compounded interest
Step-by-step explanation:
Giving the following information:
Present value (PV)= $8,500
Ineterest (i)= 0.025/12= 0.00208
Number of periods (n)= 360 months
<u>We will calculate the future value of each option and determine the difference:</u>
<u>Simple interest:</u>
FV= (PV*i*n) + PV
FV= (8,500*0.00208*360) + 8,500
FV= $14,864.8
<u>Compounded interest:</u>
FV= PV*(1+i)^n
FV= 8,500*(1.00208^360)
FV= $17,958.95
Difference= $3,090.15
Answer:
no
Step-by-step explanation:
the x value (-1) repeats therefore it ain't a function
Answer:
a. the less variability it has
Step-by-step explanation:
The standard deviation is a measure of the amount of variation or dispersion of a set of values.
When your standard deviation is big your data is more dispersed.
When your standar deviation is small your mean is a representative index of your data, and there is less variability.
If there was no dispersion of the data (if all your data be the same) then the standard deviation will be 0.
Answer:
-0.663
Step-by-step explanation:
-38/180 × pi = -0.6632251158
128/9223)8”,/2881/38 así
12–8-!2
