Answer:
16
Step-by-step explanation:
Substitute s = - 3 into the expression
7 - 3(- 3) = 7 + 9 = 16
Answer:
A. $2.26
Step-by-step explanation:
An equation for Harper's balance can be written similar to the one written for Raymond's balance. It will be ...
H(t) = 110(1.035)^t
For t = 2, the two balances will be ...
H(2) = 110(1.035^2) = 117.83
R(2) = 110(1.025^2) = 115.57
The difference is ...
$117.83 -115.57 = $2.26
Harper's account will have $2.26 more.
_____
As a quick estimate or sanity check, you can see that Harper's interest rate is 1% more than Raymond's. So, in 2 years, he will earn a little more than 2% more on his investment than Raymond earns. 2% of $110 is $2.20, so the difference can be expected to be slightly more than this.
For compound interest, the formula is given below:
Amount = 
Here, P = 18,800
n = 2
r = 13/100
So, Amount = 
= 18,800 × 1.2769
= 24005.72
Compound Interest = Amount - Principal
Compound Interest = 24005.72 - 18800
= 5205.72
Hence, the compound interest for Rs.18,800, calculated for 2 years at 13% rate of interest compounded annually is Rs.5205.72.
Answer:
-8
Step-by-step explanation:
Hope this helps!
