Answer:
It should take roughly 3.5 years
Step-by-step explanation:
Answer:
Find what <u>both fractions</u> are <u>divisible</u> by.
Step-by-step explanation:
Take
and if needed, use a multiplication tabel to help you figure out what both numbers are divisible by. 5 and 15 are both divisible by 5. Now you can reduce the answer to
.
Hope this helps!
-Coconut;)
Answer:
Option A earns higher interest($84115.58)
the difference in interest between the two option is $197.9
Step-by-step explanation:
In the problem we are going to apply both the simple interest formula and compound interest formula and compare which has the best/higher returns
Given data
Principal P= $43,000
Rate r= 6%= 0.06
time t= 3years
n= 4 (applicable for compound interest compounded quarterly)
solving for option A gives her 6% compounded quarterly
the compound interest formula is


Interest is
=$8411.58
solving for option B which gives her 6% simple interest annually
the simple interest formula is

Interest is
= $8213.68
calculating the diference in interest between the two options we have
= $197.9
Option A earns higher interest
Answer:
2(n + m)
Step-by-step explanation:
Here, x - 2y = 14
x = 14 + 2y
Now, substitute this value into first equation,
4x + 6y = 0
4(14 + 2y) + 6y = 0
56 + 8y + 6y = 0
14y = -56
y = -56/14
y = -4
Substitute it into second equation,
x = 14 + 2(-4)
x = 14 - 8
x = 6
In short, Your Answer would be: (6, -4)
Hope this helps!