The investment with the bigger return is investment B.
<h3>What is simple interest and compound interest?</h3>
Simple interest rate is the interest that is paid only on the principal portion of a loan. This means that the debtor does not pays interest on the interest rate already accrued. This differs from compound interest where the debt holder pays interest on the principal and the interest rate already accrued
<h3>What is the compound interest?</h3>
The formula for calculating future value:
FV = P (1 + r)^n
- FV = Future value
- P = Present value
- R = interest rate
- N = number of years
2000 x (1.06)^12 = $4024.39
Compound interest = $4024.39 - $2000 = $2024.39
<h3>What is the simple interest? </h3>
Simple interest = principal x time x interest rate
2000 x 0.08 x 12 = $1920
To learn more about future value, please check: brainly.com/question/18760477
I would say D. I counted them and got 17 full squares and added the half’s.
Look at picture for answer! :)
Answer:
1) 1 1/8
Step-by-step explanation:
One of the shortest ribbons is 3/8 long, and one of the longest is 1 1/2 long. 1 1/2 minus 3/8 is equal to 1 1/8, because 1 1/2 is equal to 1 4/8, and subtracting 3/8 from that gives us 1 1/8.
