Answer:
Its a i just took the test
Step-by-step explanation:
Based on the types of compounding and the interest rates, the following are true:
- Part A - The group will have $750
- Part B - The group will have $759.19
When using simple interest, the amount the group will have is:
<em>= Amount x ( 1 + rate x number of years )</em>
= 600 x ( 1 + 5% x 5)
= $750
When using compound interest, the group will have:
<em>= Amount x ( 1 + rate) ^ Number of years</em>
= 600 x ( 1 + 4%)⁶
= $759.19
In conclusion, compound interest yields more.
<em>Find out more about </em><em>compound interest </em><em>at brainly.com/question/25263325. </em>
Answer:
Histogram.
Step-by-step explanation:
Such a Graph is called Histogram.
A histogram can be defined as a visual representation of data in form of bars of different heights. In histogram, each and every bar groups numbers into ranges. The greater the height of the bar, the larger the data falls into its range. It basically represents shape and spread of continuous data sample.
Answer: 7638373
Step-by-step explanation:
