We know from the given that the person earns 250 dollars
for every complete doll that he makes. Since he was only able to make 7 dolls
completely, therefore the total money he earned was:
<span>total money = $250 * 7 = $1,750</span>
Over time, compound interest at any rate will outperform simple interest. When the rates are nearly equal to start with, compound interest will be greater in very short order. Here, it takes less than 1 year for compound interest to give a larger account balance.
In 30 years, the simple interest will be
... I = P·r·t = 12,000·0.07·30 = 25,200
In 30 years, the compound interest will be
... I = P·(e^(rt) -1) = 12,000·(e^(.068·30) -1) ≈ 80,287.31
_____
6.8% compounded continuously results in more total interest
Answer:
x = 20
Step-by-step explanation:
The triangle is isosceles ( 2 congruent sides )
Hence the base angles are congruent, thus
3x = 60 ( divide both sides by 3 )
x = 20
Answer:
787?
Step-by-step explanation:
i am so sorry if this is wrong