Simple Interest:
I = P x r x t
I = 8000 x 0.15 x 2
I = 2400
Compound Interest:
A = P(e^rt)
where e is the Euclid’s constant
and A is the total amount with interest
A = 8000(e^0.15(2))
A = 10799 (rounded up)
Therefore compound interest is 2799.
The difference:
compound - simple = 2799 - 2400
Answer is rs 399.
Answer:
9x-14
Step-by-step explanation:
7 times 2 is 14, and 5x plus 4x is 9x so it is 9x-14
<h3>
Answer:</h3>
c. 150 miles
<h3>
Step-by-step explanation:</h3>
You want to find the number of miles (m) that make the charges equal.
... 40 +0.25m = 25 + 0.35m
... 15 = 0.10 m . . . . . . add -25-0.25m
... 150 = m . . . . . . . . . divide by the coefficient of m
For 150 miles, the rental cost will be the same for both companies.
To solve this questions, we can turn 2 into a fractions.
2 as a fraction is 2/1 (because 2 divide by 1 is still 2)
We can now use this to get our answer.
1/3 ÷ 2/1
= 1/3 × 1/2 (flip the fraction and then multiply)
= 1/6 (1 x 1 / 3 x 6)
Or 0.16666.. as a decimal