Answer:
Simple: 6000
Compound: 6050
Difference: 50
Step-by-step explanation:
Simple interest formula: A = P(1+rt), where A = final amount, P = initial amount, r = rate, and t = time. Plug our values in to get
A = 5000(1+10% * 2)
convert 10% to a decimal by dividing by 100 and plug that in
10% = 0.1
5000(1+0.1*2) = 5000(1.2) = A = 6000
Compound interest formula: A = P(1+r)^t
Plug our values in
5000(1+0.1)^2 = 6050
Difference = 6050 - 6000 = 50
I would say b hope this help ☺
Answer:
p=18/11
Step-by-step explanation:
Simplify: 4+2p=50/3p-20
Multiply each side by 3: 12+6p=50p-60
Add like terms: -44p=-72
Divide both sides by -44 and simplify: p=18/11
Answer: one third. one half and 1 whole
Step-by-step explanation:
