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
Step-by-step explanation:
first you do 3×1 get your answer and then × it by 2 then your answer you get you × it by 3 what you get - by 2 what you get you - by 1 and you get your answer hope I helped
Okay so to do the sqrt(75) you see if there are hidden squares. Split it to be the sqrt(25) and sqrt(3) then simplify. In the end, you get 5sqrt(3). Hope this helps!
Answer:
7
Step-by-step explanation:
The greatest common factor or GCF of 7 and 49 is 7 because 7 is the highest number that can go into both numbers 7 and 49. No other number can go into those numbers except 7.
The first one. It is called an exponential decay curve.
