Based on the types of compounding and the interest rates, the following are true:
- Part A - The group will have $750
- Part B - The group will have $759.19
When using simple interest, the amount the group will have is:
<em>= Amount x ( 1 + rate x number of years )</em>
= 600 x ( 1 + 5% x 5)
= $750
When using compound interest, the group will have:
<em>= Amount x ( 1 + rate) ^ Number of years</em>
= 600 x ( 1 + 4%)⁶
= $759.19
In conclusion, compound interest yields more.
<em>Find out more about </em><em>compound interest </em><em>at brainly.com/question/25263325. </em>
Answer:
x = 13 , y = 29
Step-by-step explanation:
If you have any questions about the way I solved it, don't hesitate to ask!
Step 1: Divide both sides by two.
(As shown where 12x - 6 = 10 becomes halved to become 6x – 3 = 5)
Step 2: Add 3 to both sides.
(The 3 is brought to the other side to add to 5, becoming 8)
Step 3: Multiply both sides by 1/6.
(aka dividing both sides by 6, to get the fraction 8/6 which can be simplified to 4/3.)
Answer:
32 degree
Step-by-step explanation:
sum of angles in a triangle=180
