Answer:
she is wrong, offer 2 results in lower interests
Step-by-step explanation:
total amount paid if offer 1 is accepted:
$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40
she will pay $365.40 in interests
total amount paid if offer 2 is accepted:
($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363
she will pay $363 in interests
Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40
The answer is 4 1/6 because 4/1 + 1/6= 25/6 = 4 1/6.
Answering pretty sure yes
Step-by-step explanation:
Cylinders are 3D figures, as they are solids with volume and take up space.
2D figures are flat figures that you can draw, like a square or circle.
1D figures are actually just a line, a segment, or a point, etc.
