the value of x is 36. is it right or wrong?
Diagonal, I hope I helped (:
Answer:
4,218.75
Step-by-step explanation:
Lets say that P is your starting principal (spelled -pal and not -ple, because Your Money is Your Pal), r is the interest rate (expressed as a decimal), and Y is the number of years you invest. Then your future value will be:
P (1 + rY) (Simple Interest)
P (1 + r)Y (Annually Compounded Interest)
Note the two formulas give the same answer for one year. After that, compound interest takes off.
Answer:
Step-by-step explanation:
Let's express all the given numbers as decimals:
nine tenths- 0.9
0.3
0.8
five tenths- 0.5
two tenths- 0.2
Ordering them from least to greatest:
two tenths, 0.3, five tenths, 0.8, nine tenths