Answer:
Difference= $3,090.15 in favor of compounded interest
Step-by-step explanation:
Giving the following information:
Present value (PV)= $8,500
Ineterest (i)= 0.025/12= 0.00208
Number of periods (n)= 360 months
<u>We will calculate the future value of each option and determine the difference:</u>
<u>Simple interest:</u>
FV= (PV*i*n) + PV
FV= (8,500*0.00208*360) + 8,500
FV= $14,864.8
<u>Compounded interest:</u>
FV= PV*(1+i)^n
FV= 8,500*(1.00208^360)
FV= $17,958.95
Difference= $3,090.15
Answer: 4 ounces
Step-by-step explanation:
6 * (2/3) = 12/3 = 4 ounces
Answer:
x=-16
Step-by-step explanation:
Subtract 4 from both sides
x+4-4=-12-4
x=-16
Answer:
the answers is (0,-4)....
486/6 = 81
Square root 81 = one side length = 9m volume = 9^3 = 729
