8. $700 at 8% for 6 years.
it could mean
1. compound interest
2. simple interest.
1. Compound Interest
that means that each year it gives you 8% on that whatever new thing so
8 %= 0.08
Each year, it is multiplied by 1.08 since you add the original (1) to the 8% 0.08
so 6 years means
700 times 1.08^6=700 times 1.08 times 1.08 times 1.08 times 1.08 times 1.08 times
1.08 = 1110.81
2. Simple Interest
So just 8% of that 700 is added on
find 8% of 700
8% of 700+0.08 times 700=0.56
6 years = 0.56 times 6 =3.36
add 3.36 + 700= 703.36
Answers are
if compound interest = $1110.81
If Simple interest = 703.36
I hope this helped
~Renee \(^_^)/
If 8000 dollars multiplied by 2% is 160 dollars and 160 dollars multiplied by 3 years gives you the answer of 480 dollars
Each one counts as 3 so you=9hours and Friend=3hours 9+3=13 hours
baloon poodle requires 1 and giraffe requires 3 balloons.
i really hope this is the correct answer, sorry if I'm wrong.
if you want/need an explanation you can ask me and I'll explain how i did it
