Answer:
Simple interest is calculated using initial principle while compound interest is calculated considering the interest also .
Step-by-step explanation:
Interest is the cost of borrowing money, where the borrower pays a fee to the lender for using his money. The interest, typically expressed as a percentage, can either be compounded or simple .
Simple interest is based on the principal amount , while compound interest is based on the principal amount and the interest that adds onto it in every period and the final principle is used for calculating the interest.
Simple interest is calculated on the principal amount of a loan and it's easier to find out than compound interest.
Answer:
x=-5
Step-by-step explanation:
Answer:
a
Step-by-step explanation:
Answer:
3072 cubic feet
Step-by-step explanation:
the trailer is a rectangular prism. so we use the equation
Volume = length × width × height
V = 8 × 8 × 48
V = 3072 ft^3
Answer:
y = 3
Step-by-step explanation:
I will assume you want to put this in slope intercept form.
We need to solve for b in y = mx + b since we are given a point and the slope.
y = 0x + b
y = b
3 = b
y = 3
Note that since the slope is 0, there will be nothing to represent m.
Best of Luck!