This question is a bit tricky to answer because it does not state how often interest rate is applied so lets say for the simple 5% interest rate the rate of interest was calculated after 2 years you would pay a total interest of $15 since interest was only calculated once but for the 3% calculating every year with compound it would be a total of 18.27 dollars in interest but then you would have to calculate the 5% simple interest the same way which would total to $30 if calculated once a year being more than the 3% compound. But lets say interest is calculated once a month your total for the 5% simple interest would be $360 dollars interest for those 2 years and the 3% compound would be $406.97 dollars in interest. So over all the less amount of times interest compounds the less interest there is making it more worth than the simple but if the compounding occurs more frequently the simple 5% interest is more worth it. In this situation I think it might just be yearly interest which makes the 3% compound more worth taking for this short amount of time.
Answer:
I used the relative frequency method
Explanation:
To solve this question we can use the relative frequency to find out each probability. The relative frequency is the ratio of the occurrence of each event and the total number of outcomes.
Here the experiment has been repeated 50 times, so that is the total number of outcomes and the denominator. There are 3 possible events E1, E2, and E3, so we can calculate the ratios to get the probabilities
Event E1 occurred 20 times of the 50: 
Event E2 occurred 13 times of the 50: 
Event E3 occurred 17 times of the 50: 
Contemporary governments promote development by establishing a currency that's tradable in world markets.
Answer: $26,600.
$26,600 = $24,000 + ($1,300 × 2). The married joint standard deduction is increased for $1,300 for each blind and/or taxpayer age 65 by year-end.
Explanation:
Answer:
<u> Assets = Liabilities + Equity </u>
1) 15,000 0 15,000
2) 9,000 9,000 0
3) 1,200 1,200 0
4) 2,400 2,400 0
5) (12,000) 0 0
12,000 0 0
6) 3,000 0 3,000
7) (4,000) (4,000) 0
8) (2,400) (2,400) 0
9) 0 (1,200) 1,200
10) (1,000) 0 (1,000)
TOTALS 23,200 5,000 18,200
