8. $700 at 8% for 6 years.
it could mean
1. compound interest
2. simple interest.
1. Compound Interest
that means that each year it gives you 8% on that whatever new thing so
8 %= 0.08
Each year, it is multiplied by 1.08 since you add the original (1) to the 8% 0.08
so 6 years means
700 times 1.08^6=700 times 1.08 times 1.08 times 1.08 times 1.08 times 1.08 times
1.08 = 1110.81
2. Simple Interest
So just 8% of that 700 is added on
find 8% of 700
8% of 700+0.08 times 700=0.56
6 years = 0.56 times 6 =3.36
add 3.36 + 700= 703.36
Answers are
if compound interest = $1110.81
If Simple interest = 703.36
I hope this helped
~Renee \(^_^)/
Answer:
Area = 168m^2
Step-by-step explanation:
Area of triangle = 1/2×base×height
Area = 1/2bh
= 1/2(8+16)(14)
= 168m^2
Answer: The value of d 62 + 5
Answer:
Cup A
Step-by-step explanation:
<u>Cup A</u>
Salt: Water = 3:22
Expressed as a percentage

Proportion of Salt =13.6%
<u>Cup B</u>
Salt: Water = 1:8
Expressed as a percentage

Proportion of Salt =12.5%
<u>Cup C</u>
Proportion of Salt = 12.75%
Therefore, Cup A has the greatest proportion of salt.