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:
x | x ≥ 0 and x ≤ 8
Step-by-step explanation:
The domain of the function is defined as the possible x values that can be used in this function. Now, taking a look at the given graph, we would find that the line starts from x = 0 and continues taking x values till it reaches x = 0This means that for this function, we are allowed to use x values that are greater than or equal to zero and less than or equal to 8Therefore, the domain is any x value greater than or equal to zero and less than or equal to 8
Given:
Kim picked 250 pounds of pears yesterday and 287 pounds of pears today.
To find:
The percentage increase of amount of pears picked by Kim.
Solution:
We know that,
Therefore, the percentage increase of amount of pears picked by Kim is 14.8%.
Answer:
-28
Step-by-step explanation:
Remember the order of operations: pemdas (<u>p</u>arenthesis, <u>e</u>xponent, <u>m</u>ultiply, <u>d</u>ivide, <u>a</u>dd, <u>s</u>ubtract). Just simplify the expression.
22 - 53 + 3
(22-53) + 3
-31 + 3
-28
Answer:
T = 59
U = 27
V = 94
Step-by-step explanation:
(5x +4) + (8x + 6) + (2x+5) = 180
15x + 15 = 180
15x = 165
x = 11
