Answer:
J Compound interest; $298.65
Step-by-step explanation:
Interest compounding pays interest on the interest. For the same annual rate, any amount of compounding will earn more interest.
For short time periods, the effect of compounding is not great. In general, it will be a fraction of the equivalent simple interest rate. Here, the effective multiplier for annual compounding is ...
1.051^4 = 1.22024337
and the effective multiplier for simple interest is ...
1 +0.051·4 = 1.204
Then the difference in interest rate multiplier for the 4-year period is ...
1.22024337 -1.204 = 0.01614337
That fraction of the $18500 principal is $298.65.
Compound interest earns $298.65 more than simple interest in this scenario.
Hope this helps, have an amazing day!
Answer:
(12-3)/1.5= 6
Step-by-step explanation:
You subtract $3 from $12 for the first fee and then divide $9 by $1.50 to find how many hours you can stay.
Answer:
x = 
x = -1
Step-by-step explanation:
The given equation is,
-2(bx - 5) = 16
Dividing by (-2) on both sides of the equation,

(bx - 5) = -8
By adding 5 on both the sides of the equation,
(bx - 5) + 5 = -8 + 5
bx = -3
Dividing by 'b' on both the sides of the equation,

x = 
If b = 3,
x = 
x = -1
Answer:
20(pi)
Step-by-step explanation:
• equation for the circumference of a circle= 2(pi)r
• You are given the diameter ( 20ft) but you need the radius (r) for the equation.
• divide 20 by 2 to get the radius since it is half of the diameter.
• 20/2=10 so c= 2(pi)(10)
• 2(10)=20
• plug in pi and your final answer is 20(pi)
Answer:
.84
Step-by-step explanation: