The answer is 3 you add the two numbers before it
Answer:
18. compound interest
19. simple interest
20. simple interest
Step-by-step explanation:
For these problems, the initial balance is irrelevant. All that matters is the multiplier of that balance. For simple interest at rate r for t years, the multiplier is ...
simple interest multiplier = (1 +rt)
For interest compounded annually, the multiplier of the initial balance is ...
compound interest multiplier = (1 +r)^t
A spreadsheet can do the computations for you.
___
As an example of the computations involved, consider problem 19:
simple interest multiplier = 1 + 0.13·6 = 1.78
compound interest multiplier = 1.10^6 = 1.771561
The latter is less than the former, so the simple interest account will have the (slightly) greater balance at the end of 6 years.
Hello There!
2² - 6 = -2
3² - 6 = 3
4² - 6 = 10
Etc....the list goes on
Hope This Helps You!
Good Luck :)
- Hannah ❤
Answer:
x=73
Step-by-step explanation: