Answer:
If using simple interest, the formula is:
= Amount * ( 1 + rate * time)
= 20,000 * ( 1 + 4% * 5)
= $24,000
Interest = Balance after 5 years - Investment
= 24,000 - 20,000
= $4,000
Using Compound Interest:
= Amount * ( 1 + rate)^time
= 20,000 * ( 1 + 4%)⁵
= $24,333.06
Interest = 24,333.06 - 20,000
= $4,333.06
Answer:
Step-by-step explanation:
Isolate the variable by dividing each side by factors that don't contain the variable.
Answer:
It should I only looked at the first few columns and the matched up
Step-by-step explanation:
I think the answer is 30x+330>50x
Step-by-step explanation:
for the option A it was slightly changed,
cause the $30 was deposited by <em><u>helen</u></em> not <em><u>Vince.</u></em>
<em><u>so </u></em><em><u>check </u></em><em><u>that </u></em><em><u>well</u></em>
Answer:
22
Step-by-step explanation:
those are the answers for each but if it is asking which one has the highest number it would be the mean (average) because its 22 which is higher than the other answers
