the first simple interest will be $1.73 more than the second one.
<h3>
Which is the difference between the two interests?</h3>
The loan is of $575, and there are two options:
7 years at 4.5% or 8 years at 3.9%
Remember that the simple interest formula is:
SI = (P*R*T)/100
Where:
P = principal value.
R = rate (this is the percentage per year)
T = time, in years.
Then for the first option. the interest will be:
SI = ($575*4.5*7)/100 = $181.13
For the second option we will have the interest:
SI' =( $575*3.9*8)/100 = $179.4
The difference is:
$181.13 - $179.4 = $1.73
This means that the first simple interest will be $1.73 more than the second one.
If you want to learn more about simple interests:
brainly.com/question/20690803
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Answer:
its 84 but tysm thats so sweet
Step-by-step explanation:
Answer:
Step-by-step explanation:
Answer: Addition
Step-by-step explanation: You can represent that as 10^5*10^-5
If you add the exponent values, you get 10^0 which is equal to 1. If you multiply them, you get 10^-25 which is wrong.
Answer:
310.86ft²
Step-by-step explanation:
30/2 = 15
3.14*15² = 706.5
30+3+3 = 36
36/2 = 18
3.14*18² = 1017.36
1017.36 - 706.5 = 310.86
Hope it helps