Answe8 times 8 equal 69 and bla ba
Step-by-step explanation:
Answer:
Joshua's account had a greater change.
Step-by-step explanation:
Both accounts had $100
Joshua's account now has $67.25 which means he used $32.75
Crystal's account now has $131.97 which means he saved $31.97.
Joshua had a greater change of balance.
Answer:
$359.42
Step-by-step explanation:
The difference in the investment values can be computed by making use of the formulas for the account balance in each case.
compound interest: A = P(1 +r)^t . . . . interest at rate r compounded annually
simple interst: A = P(1 +rt) . . . . simple interest at rate r
__
The account earning simple interest will have a balance of ...
A = $8000(1 +0.12×3) = $10,880
The account earning compound interest will have a balance of ...
A = $8000(1 +0.12)^3 ≈ $11,239.42
The difference between the two investments is ...
$11,239.42 -10,880 = $359.42
Answer: 10
Step-by-step explanation:
see attached picture
