Taylor will earn $21 more in compounded interest than in simple interest.
Given:
Principal = 2100
interest rate = 1.85%
term = 8 years
Simple Interest = Principal * interest rate * term
= 2100 * 1.85% * 8
= 310.80
Compounded Interest = Principal * (1+r)^t
= 2100 * 1.0185⁸
= 2100 * 1.158
= 2431.80
Interest from Compounded Interest : 2431.80 - 2100 = 331.80
Simple Interest = 310.80
Compounded Interest = 331.80
331.80 - 310.80 = 21
Answer:
A. x >= 16/5 or x <= -3/4
Step-by-step explanation:
5x - 4 >= 12
5x > = 16
x >= 16/5
and
12x + 5 <= - 4
12x <= - 9
x <= -9/12
x <= - 3/4
Answer
x >= 16/5 or x <= -3/4
Answer:
-3
Step-by-step explanation:
Since x=1, we can simplify the equation to 9+7y=-12.
To find the value of 7y, we first have to find what is missing.
-12-9=-21, so 7y has to be equal to -21. -21/7 equals -3, so y=-3.
