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>
240/4=60 so 60x5=300. Traveled 300 miles in 5 hours
For the question mark, we can insert a variable considering it is an unknown number.
Answer:
Step-by-step explanation:
The Vertex of a Parabola. The vertex of a parabola is the point where the parabola crosses its axis of symmetry. If the coefficient of the x2 term is positive, the vertex will be the lowest point on the graph, the point at the bottom of the “ U ”-shape.
1108 i think becuase 10 to the power of 3 is 1000 now 10 -4 =6 X 2 = 12 + 3
