Answer
1st is yes
2nd is no
Step-by-step explanation:
Answer:
a) 45
Step-by-step explanation:
This is a compound interest problem so you cannot use the simple interest formula. Effectively the total amount is being compounded each year by 6%. There is a formula for compound interest but in this simple example you can work this out recursively.
year 1 = 6500
year2 = 6500*1.06 = 6890
year3 = 6890*1.06 = 7303
year4 = 7303*1.06 = 7741..
etc......
year12 = 11604*1.06 = 12338
Paul must get 13 since Peter gets more more than Jane so Jane would get 7 and then peter would get 12
Answer:
Step-by-step explanation:
<u>Step 1: Simplify
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Answer:
