Answer:
Step-by-step explanation:
Step one:
given data
Maya
P=$1650
r=5%= 0.05
t= 4 years
The simple interest expression is
A=P(1+rt)
A=1650(1+0.08*4)
A=1650(1+0.32)
A=1650(1.32)
A=1650*1.32
A=$2178
James
P=$1600
r=8%= 0.08
t=4years
The compound interest expression is
A=P(1+r)^t
A=1600(1+0.08)^4
A=1600(1.08)^4
A=1600*1.360
A=$2176
<em>After 4 years Mayas' balance is $2178</em>
<em>After 4 years James' balance is $2176</em>
<em>the difference is =2178-2176=$2</em>
Answer:
64m^15
Step-by-step explanation:
im pretty sure this is the answer hope i helped!
Answer:
sixty seven thousand two hundred thirty five
Answer:
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Step-by-step explanation:asdsadadasd
