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
1. It is extracted from the ground.
2. It took years to form.
Answer:
x = 7
Step-by-step explanation:
Notice that in the triangle, the angle is either known or in terms of x. This means we can make an equation: 82 + (9x - 6) + (6x - 1) = 180. Now, add up tthe terms to get 15x + 75 = 180, or 15x = 105 or x = 7.
