Answer:
1160.3
Step by step explanation:
1169.30-9.00
This is my answer. 0 < x < 0,5
Answer:
0.86.
Step-by-step explanation:
Calculator.
Answer:
First account (simple interest)
Step-by-step explanation:
The amount of interest earned by the first account is ...
I = Prt = $2000·0.04·7 = $2000·0.28 = $560
The amount in the second account at the end of 7 year is ...
FV = P·(1+r)^t = $2000·1.02^7 = $2297.37
so you have earned $297.37 in interest on the second account.
$560 is more than $297, so the First Account (simple interest) earns more money.
First you would multiply 3/4 by 2 then multiply 1/2 by 4 and get 6/8 and 4/8.