Answer:
What the
Step-by-step explanation:
Answer:
In option a, w < 10
in option b, w = 10 and 2(20) + 2(10) = 40 + 20 = 60 < 150
in option c, w > 10 but 2(60) + 2(20) = 120 + 40 = 160 > 150
In option d, w > 10 but 2(55) + 2(30) = 110 + 60 = 170 > 150
Therefore the corect answer is option b.
Step-by-step explanation:
Answer:
If using simple interest, the formula is:
= Amount * ( 1 + rate * time)
= 20,000 * ( 1 + 4% * 5)
= $24,000
Interest = Balance after 5 years - Investment
= 24,000 - 20,000
= $4,000
Using Compound Interest:
= Amount * ( 1 + rate)^time
= 20,000 * ( 1 + 4%)⁵
= $24,333.06
Interest = 24,333.06 - 20,000
= $4,333.06
Answer:
2
Step-by-step explanation:
5
Step-by-step explanation:
