Solution:
Principal =P= $ 7,500
Option A→(Simple interest)
Rate of interest= R=4%
Time(
)=4 years
Time(
)=6 years
Amount= Principal + Interest(Simple or compound interest)
Formula for Simple interest


Total amount after 4 years when interest is simple= 7500 +1200= $ 8700
Total amount after 6 years when interest is simple= 7500 +1800= $ 9300
Option B
Formula for amount(A) when interest is 3.15% compounded annually.



Total amount after 4 years when interest is compounded annually=$ 8491 (approx)
Total amount after 6 years when interest is compounded annually=$ 9034(approx)
Answer:
The consecutive even numbers are 28, 30, 32, 34
Step-by-step explanation:
let the four consecutive even numbers be: b d f h,
such that:
b=b, d=b+2, f=b+4, h=b+6.
Therefore, 2(b+b+2)=3(b+6)+14
b=28,
d=(b+2)=30
f=(b+4)=32
h=(b+6)=34
Answer:
hope this helps A block of ice melts in 2.5 hours when the temperature is 54 degrees.
Step-by-step explanation:therefore you can increase 2.5 and decrease 54 to whatever number you need
Answer:
10% of 63 is 6.3 so 63+6.3=69.3
Step-by-step explanation: