Answer:
2,57 * 10^5 or 257000
Step-by-step explanation:
(5,14 * 10^9) / (2 * 10^4) =
2,57 * 10^5 =
257000
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:
10n+(10 x 15)
or
(10 x n)+150
either way it would be 270
Answer:
see below
Step-by-step explanation:
3y = -9
Divide each side by 3
3y/3 = -9/3
y = -3