Answer:
Compount interest earns more. Difference between 2 interest is $92 445.39
Step-by-step explanation:
Simple Interest:
p = $10000
r = 3%
t = 2years
I = (10000×3×2)/100
= $600
Total amount = $10 600
Compound Interest:
p = $100000
r = 3/730 (daily)
t = 730 (2yrs)
A = 100000[1+(3/73000)]^730
= $103 045.39 (2d.p)
Difference = $103045.39 -
$10600
= $92 445.39
(Correct me if i am wrong)
Answer:
Statements I and II
Step-by-step explanation:
In Statistics, parameter is any numerical value that characterizes a population while statistics are numerical values that characterizes a sample from a given population.
Statistics are most often used to estimate the population parameters
For example the sample mean is a statistic and the population mean is a paranmeter
The mean SAT score of all students from New York is the parameter.
The mean SAT score of 105 students from New York is called the statistic.
The correct choice is the third option.
Answer:
here
Step-by-step explanation:
10% turned into a decimal is .1 because to turn a percent into a decimal you need to move the decimal 2 places to the left. Now that you know that you take 110*.1=11.
Enjoy!=)
