Amount using compound interest = 2400(1 + 0.034)^5 = 2400(1.034)^5 = 2400(1.1820) = $2,836.70
Amount using simple interest = 2400(1 + 5 x 0.034) = 2400(1 + 0.17) = 2400(1.17) = $2,808
Difference = $2,836.70 - $2,808 = $28.70
Therefore, <span>he will earn $28.70 more interest in 5 years if the interest were compounded annually</span> .
Answer:
$ 190.00 a month.
Step-by-step explanation:
$350.00 subtracted from $1300.00 equals $950.00. $950.00 divided by 5 equals the amount of money Mark payed each of his remaining payments.
Answer:
45 divided by 18 = 2.5
Step-by-step explanation
18+18=36 so that is 2 times but 45-36 =9 we can divide 9 by 18 and get a half.
2+0.5=2.5
Hope this helps!
Vas happenin!!!
So you plug in the 3 into the equation 12-3(3)/2 + 3 [2(3)-4/3
You multiply the parentheses first
3 times 3 is 9
2 times 3 is 6
Then you plug it in again 12-9 / 2 plus 6-4/3
12-9 is 2/2 which is 1
1 plus 6-4/3
6-4 is 2
2/3 is you can stay it as a fraction or the decimal form is 1.5
1 plus 1.5 is 2.5
So your answer in decimal form is 2.5
Fraction form is 2 1/2
Hope this helps *smiles*
Sorry if it’s wrong
A triangle has three angles, and all of them adds up to 180 degrees. Therefore, if one angle is 90 degrees, the other two angles must add up to 90 degrees in order for the angles to equal 180 degrees.
