Answer:
$1289.48
Step-by-step explanation:
A financial calculator tells you the payment with the higher interest rate is $1960.51, and that with the lower interest rate is $671.03. The difference in payment amounts is ...
$1960.51 -671.03 = $1289.48
Six million, one hundred seventy-three thousand, two hundred fifty three
Answer:
(2 x a)+(3 x b)+c=total points
Step-by-step explanation:
Answer:
Future Balance
$1,044
Step-by-step explanation:
Compound interest is simple- It’s the interest you earn on both your original deposit and on the interest that your money earns. Compound interest allows your savings to grow faster over time. In an account that pays interest, the earnings are typically added to the original principal at the end of every compounding period. That's often daily or monthly. Each time interest is calculated and added to the account, the larger balance results in more interest earned than before. This is what’s meant by compound interest. Note that high-interest savings accounts earn money faster than accounts with lower yields.
Answer:
Sam's assets increased by more than his liabilities.
Step-by-step explanation:
