Answer:
Simple interest is calculated using initial principle while compound interest is calculated considering the interest also .
Step-by-step explanation:
Interest is the cost of borrowing money, where the borrower pays a fee to the lender for using his money. The interest, typically expressed as a percentage, can either be compounded or simple .
Simple interest is based on the principal amount , while compound interest is based on the principal amount and the interest that adds onto it in every period and the final principle is used for calculating the interest.
Simple interest is calculated on the principal amount of a loan and it's easier to find out than compound interest.
3. Answer: y = 4
<u>Step-by-step explanation:</u>
Need to find the slope (m):


= 
= 0
Now input ONE of the points (1, 4) and the slope (m = 0) into the Point-Slope formula:
y - y₁ = m(x - x₁)
y - 4 = 0(x - 1)
y - 4 = 0
y = 4
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4. Answer: 
<u>Step-by-step explanation:</u>





If the three slashes are 190, 195, and 200, we can see it as
<span>-l----------l--------|--l- with the slightly longer line being around 198.78. Since it is clearly closer to the end of the line than the start of the line, we round it to 200</span>