Answer:
Option A earns higher interest($84115.58)
the difference in interest between the two option is $197.9
Step-by-step explanation:
In the problem we are going to apply both the simple interest formula and compound interest formula and compare which has the best/higher returns
Given data
Principal P= $43,000
Rate r= 6%= 0.06
time t= 3years
n= 4 (applicable for compound interest compounded quarterly)
solving for option A gives her 6% compounded quarterly
the compound interest formula is


Interest is
=$8411.58
solving for option B which gives her 6% simple interest annually
the simple interest formula is

Interest is
= $8213.68
calculating the diference in interest between the two options we have
= $197.9
Option A earns higher interest
1. it describes what the cost would be for two medium lattes and one small latte all together.
2. it would be the first one which is 2x + y = 7.15
Step-by-step explanation:
Answer: See Explanation
Step-by-step explanation:
Take the amount of money and divide by the ounces for how much it costs per ounce
1.35 / 12 = 0.1125 per ounce
2.10 / 20 = 0.105 per ounce
3.60 / 32 = 0.1125 per ounce
The Big Swig would be the best deal because the cost per ounce is the lowest, getting you the cheaper price for a good size. I believe I did this right, hope I could help.
Answer:
x = 13
Step-by-step explanation:
y=50
50 = 5x - 15
50 + 15 = 5x
65 = 5x
65/5 = 5x/5
13 = x