Answer:
Compound interest.
Step-by-step explanation:
-In compound interest, your money grows more rapidly as the interest already earned also earns a further interest over time for the term of the investment.
-While in simple interest, only the principal amount invested will earn interest over the investment's term>
#Let's say you invest $100 each in A(earning simple interest) and B(earning compound interest), take the term of both investments to be 5 yrs with both subject to an annual rate of 10%:
-Get the investment amounts in both accounts at the end of 5 yrs:
Hence, you notice that your earn more in compound interest keeping all other conditions similar.
158, it's going up by 6 every time.
Answer:
the answer should be B
Step-by-step explanation:
take the total of people who got the flu(63) and the amount of them who were vaccinated(35) and write it as a fraction. 35/63 in its simplest form is 5/9
Answer:
Step-by-step explanation:
1) Collect like terms.
2. Simplify.
therefor, the answer is, X + 5
Answer:
Liz's annual pension is $1470
Step-by-step explanation:
Salaries for the last four years are $66,000; $66,000; $73,000; and $75,000
Finding the average salary in the four years will be;
Sum $66,000 + $66,000 + $73,000 + $75,000 =$280,000
Number of years =4
Average= $70,000
Applying 2.1 % pension
$70,000 * 2.1/100 =$1470 annual pension
