Answer:
The better deal would be simple interest rate of 3%
Step-by-step explanation:
In order to calculate which bank would be the better deal If Trsitam decides to deposit $7,000 for 4 years, we would have to make the following calculation:
simple interest rate of 3%.
Therefore, I= P*r*t
=$7,000*3%*4
I=$840
FV=
$7,000+$840
FV=7,840
compound interest rate of 2.5%
Therefore, FV=PV(1+r)∧n
FV=$7,000(1+0.25)∧4
FV=$17,089
The better deal would be simple interest rate of 3%
Answer:
Boat level variation = 23'
Step-by-step explanation:
The graph shows that the variation between Amsterdam and Randall is referred to the Randall level
Mike should bike a total of 11 miles on Sunday
400/8 = 50 divide 8 into forty for 5 and 8 into 0 for the 0 answer is 50
Answer: The y-intercept is 1
Step-by-step explanation:
On a graph, the y-intercept is the point where the line intersects the y-axis. The corresponding x-coordinate is always 0. ... When a linear equation is written in slope-intercept form (y=mx+b), the slope is represented by the variable m. It is the coefficient to x in the equation.