Answer:
18. compound interest
19. simple interest
20. simple interest
Step-by-step explanation:
For these problems, the initial balance is irrelevant. All that matters is the multiplier of that balance. For simple interest at rate r for t years, the multiplier is ...
simple interest multiplier = (1 +rt)
For interest compounded annually, the multiplier of the initial balance is ...
compound interest multiplier = (1 +r)^t
A spreadsheet can do the computations for you.
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As an example of the computations involved, consider problem 19:
simple interest multiplier = 1 + 0.13·6 = 1.78
compound interest multiplier = 1.10^6 = 1.771561
The latter is less than the former, so the simple interest account will have the (slightly) greater balance at the end of 6 years.
Answer:
B
Step-by-step explanation:
idk what kind of math problem but, if its just simple id us PEMDAS
Answer: Choice B) 7/2 and choice D) 2
These two slope values are positive. Positive slopes correspond to lines that move uphill as you move from left to right.
A negative slope moves in the opposite direction. A slope of zero refers to a flat horizontal line. A slope of undefined means we have a vertical line.