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
Answer:
98°
Step-by-step explanation:
x = 53° + 45° { exterior angle of a triangle is equal to the sum of two opposite interior angles }
x = 98°
Answer:
B. $1.60 per notebook
Step-by-step explanation:
Because:
4 notebooks ÷ $2.50 (4 notebooks cost) = $1.60 per notebook
I would graph the points and find the equation
Answer:
70%
Step-by-step explanation:
Maths homework takes 1/6×150mins
=150/6=25 mins
science homework takes 20/100×150
=3000/100
=30mins
Language Arts homework uses 1/3×150
=150/3
=50 mins
percent of time left for Marsha's social studies homework=total time used / original time
=(25+30+50)mins
=105mins/150mins×100%
=0.7×100
=70%
