Answer:
Difference= $3,090.15 in favor of compounded interest
Step-by-step explanation:
Giving the following information:
Present value (PV)= $8,500
Ineterest (i)= 0.025/12= 0.00208
Number of periods (n)= 360 months
<u>We will calculate the future value of each option and determine the difference:</u>
<u>Simple interest:</u>
FV= (PV*i*n) + PV
FV= (8,500*0.00208*360) + 8,500
FV= $14,864.8
<u>Compounded interest:</u>
FV= PV*(1+i)^n
FV= 8,500*(1.00208^360)
FV= $17,958.95
Difference= $3,090.15
Answer:
G(x+2) = 7x^2 + 33x + 30
Step-by-step explanation:
So in the G(x) function, to find G(x+2), we just simply plug in the value of x+2 into the function and the result is what is wanted. SO:
G(x+2) = 7(x+2)^2 + 5(x+2) -8 , which is 7x^2 +33x +30 after SIMP - lifying (see what I did there ;)
Hope i helped, please make this brainly. :)
S=i(n-1)+2*(n-1)+1 perhaps
