Mathematics, 09.04.2020 21:34 dondre54
(a) About how much more compound interest than simple interest is earned after 25 years? Remember to show your work.
(b) About how much more compound interest than simple interest is earned after 35 years? Remember to show your work.
(c) At what year does it become more profitable for compound interest versus simple interest
(d) This is for a savings account. Would it be more or less profitable to have compound interest on a loan? Justify your reasoning?
Answers: 3
Mathematics, 21.06.2019 17:40
Which number produces a rationale number when multiplied by 1/5
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Mathematics, 22.06.2019 01:50
One cell phone plan charges $20 per month plus $0.15 per minute used. a second cell phone plan charges $35 per month plus $0.10 per minute used. write and solve an equation to find the number of minutes you must talk to have the same cost for both calling plans.
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