Answer:
Difference= $3,090.15 in favor of compounded interest
Step-by-step explanation:
Giving the following information:
Present value (PV)= $8,500
Ineterest (i)= 0.025/12= 0.00208
Number of periods (n)= 360 months
<u>We will calculate the future value of each option and determine the difference:</u>
<u>Simple interest:</u>
FV= (PV*i*n) + PV
FV= (8,500*0.00208*360) + 8,500
FV= $14,864.8
<u>Compounded interest:</u>
FV= PV*(1+i)^n
FV= 8,500*(1.00208^360)
FV= $17,958.95
Difference= $3,090.15
Answer: B
Step-by-step explanation:
When you factor an expression, you want to take out a factor of the numbers and variables.
Since this expression is a bit hard to factor as itself, we can FOIL the answers to see the correct expressions.
(4x-5)(4x-5)
16x²-20x-20x+25
16x²-40x+25
Answer and Step-by-step explanation:
is pi, or 3.14159
The absolute value of -4 ( |-4| ) is 4.
These numbers should go in this order:
-10 < 0.121212... < < |-4| < 
<em><u>Have a good day!</u></em>
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Answer:
1. w-6
2. s+6
3. t-6
4. (1/3)p-2
5a. 4m+35
5b. 435 members
Step-by-step explanation:
hope this helped
Answer:
11.81
Step-by-step explanation:
5 1/4 per 20 min (1/3 of an hour)
5.25 (5 1/4) * 3 = 15.75 pounds per hour
$0.75 earned per pound
So, 15.75 * $0.75 = $11.81
