Answer:
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Step-by-step explanation:
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Answer:
The watermelon candies taste $0.13 more.
Step-by-step explanation:
First, in order to find out how much each candy costs per ounce, you have to take the cost and divide it by the number of ounces. 3.48 divided by 12 is 0.29, so the watermelon candies cost $0.29 per ounce. 1.38 divided by 8 is 0.16, so the chewy chocolates cost $0.16 per ounce. In order to find how much more the watermelon candies cost, we have to subtract the cost of the watermelon candies by the cost of the chocolate candies. 0.29-0.16=0.13, so the watermelon candies cost $0.13 more than the chocolate candies.
Answer:
the balance after 5 years is: 26540.744
Step-by-step explanation:
Given the information:
- P = initial balance = $ 20,000
- r = interest rate (decimal) = 5% = 0.05
- n = number of times compounded annually = 4
- t = time = 5
We have the compound interest function ta model the situation is:
<=> A = 
<=> A = $26540.744
Hence, the balance after 5 years is: $26540.744
