The investment with the bigger return is investment B.
<h3>What is simple interest and compound interest?</h3>
Simple interest rate is the interest that is paid only on the principal portion of a loan. This means that the debtor does not pays interest on the interest rate already accrued. This differs from compound interest where the debt holder pays interest on the principal and the interest rate already accrued
<h3>What is the compound interest?</h3>
The formula for calculating future value:
FV = P (1 + r)^n
- FV = Future value
- P = Present value
- R = interest rate
- N = number of years
2000 x (1.06)^12 = $4024.39
Compound interest = $4024.39 - $2000 = $2024.39
<h3>What is the simple interest? </h3>
Simple interest = principal x time x interest rate
2000 x 0.08 x 12 = $1920
To learn more about future value, please check: brainly.com/question/18760477
610 - 187 = 423
The answer should be 423. This is a subtraction problem right?
Answer:
any x value with -6 as the y value
(-5,-6) (0,-6)
Step-by-step explanation:
1. Plug y=-6 into a graphing calculator
2. Find two point
Hope this helps!
Answer:
The total weight of the three fishes is 8lb and 13oz
Step-by-step explanation:
2lb 4oz + 1lb 11oz + 4lb + 14 = 7lb 29oz
Remember, there are 16 ounces (oz) in a pound (lb).
So 29oz - 16 oz would be 13oz and the answer would be 8lb and 13 oz.
Hope this helps, can you please mark me brainliest because I just need 4 more brainliest to become expert:)
