The answer is ten times the value
First, determine the effective interests given both interest rates.
(1) ieff = (1 + 0.068/12)^12 - 1 = 0.07016
(2) ieff = (1 + 0.078/12)^12 - 1 = 0.08085
Calculating the interests will entail us to use the equation,
I = P ((1 + i)^n - 1)
Substituting the known values,
(1) I = ($5125)((1 + 0.07016)^1/2 - 1)
I = $176.737
(2) I = ($5125)(1 + 0.08085)^1/2 - 1)
I = $203.15
a. Hence, the greater interest will be that of the second loan.
b. The difference between the interests,
d = $203.15 - $176.737
$26.413
They site there sources or give information to prove why there point is correct
Answer:
30 out of 40: 75%
40 out of 50: 80%
40 out of 50 is the better score
Answer:
62
Step-by-step explanation:
Angle Formed by Two Chords
= 1/2(sum of Intercepted Arcs)
RST = 1/2 ( 47+77)
= 1/2 (124)
= 62
