Answer:
38
Step-by-step explanation:
Answer:
Step-by-step explanation:
Take an easier number. Suppose you owe your mother = 10 dollars and your father 15. Which one is the bigger debt? Isn't it your father.? So how do you represent the two debts.
Father = - 15
Mother = - 10
Which number is bigger? - 10. Remember the question is bigger. You would rather own just 10 dollars.
So which number is "larger"?
Isn't it -4488. If it was money and you owed it, would it be the debt you would rather have than -4820
Answer:
8 to 27
Step-by-step explanation:
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.
The answer is A is equal to 2