X = 16 because the ratio is 4:1
The answer would be £480 because 20% of 600 is 120 and 600 take away 120 is 480
It would be B. 11 is bigger then 6
Answer:
The correct answer is $3300 for simple interest and $3312.24 for compound interest.
Step-by-step explanation:
Income as working as a lifeguard = $3000
We deposit the money in a bank which offers 2% interest annually for a period of 5 years.
Case 1 : Calculating simple interest for the given situation.
Amount after 5 years = 3000 + 3000 × 2 × 5 ×
= $ ( 3000 + 300) = $3300.
Case 2 : Calculating compound interest for the given situation.
Amount after 5 years = 3000 ×
= $ 3312.24.
Thus the amount after 5 years amount simply is $3000 and compoundly is $3312.24