Answer:
she is wrong, offer 2 results in lower interests
Step-by-step explanation:
total amount paid if offer 1 is accepted:
$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40
she will pay $365.40 in interests
total amount paid if offer 2 is accepted:
($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363
she will pay $363 in interests
Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40
I think it is A
Aaaaaaaaaaaaaaaaa
This question s incomplete, the complete question is;
The Watson family and the Thompson family each used their sprinklers last summer. The Watson family's sprinkler was used for 15 hours. The Thompson family's sprinkler was used for 30 hours.
There was a combined total output of 1050 of water. What was the water output rate for each sprinkler if the sum of the two rates was 55L per hour
Answer:
The Watson family sprinkler is 40 L/hr while Thompson family sprinkler is 15 L/hr
Step-by-step explanation:
Given the data in the question;
let water p rate for Watson family and the Thompson family sprinklers be represented by x and y respectively
so
x + y = 55 ----------------equ1
x = 55 - y ------------------qu2
also
15x + 30y = 1050
x + 2y = 70 --------------equ3
input equ2 into equ3
(55 - y) + 2y = 70
- y + 2y = 70 - 55
y = 15
input value of y into equ1
x + 15 = 55
x = 55 - 15
x = 40
Therefore, The Watson family sprinkler is 40 L/hr while Thompson family sprinkler is 15 L/hr
Answer:
20
Step-by-step explanation: -13 to 7 think about that. We have to add 13 to make it 0. Then we add 7. So 13 plus 7 is 20. Enjoy :)