Answer: 55%
Step-by-step explanation: 100%-45%=55%
Answer:
Bill will earn more interest
He will earn $ 20,448.67 from his investment
Step-by-step explanation:
Firstly let us calculate Jim's earnings based on simple interest
A = P(1 + rt)
Calculation:
First, converting R percent to r
a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
Solving our equation:
A = 15000(1 + (0.035 × 25)) = 28125
A = $28,125.00
The total amount accrued, principal plus interest, from simple interest on a principal of $15,000.00 at a rate of 3.5% per year for 25 years is $28,125.00 for Jim
Now let's us calculate bill's investment based on compound interest
Equation
A = P(1 + r)^t
A=15000(1+0.035)^25
A=15000(1.035)^25
A=15000*2.36324498427
A = $ 35,448.67
We see that Bill will earn
$ 20,448.67 from his investment
Is this a Question???????
(If this is important then sorry for my answer)
The cost of one sandwich is $3.90
The cost of one deknk is $1.50
hopefully this is correct
Hey! a+5=7 means that a is the variable, while seven is the answer. My technique is like this: 7-5=2 You need to subtract the numbers you already have. This only works for addition! Hope this helps :) !
