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strojnjashka [21]
2 years ago
8

Sophie could $330 in a savings account at a simple interest rate of 4% per year. Avi put $290 in a savings account at a simple i

nterest rate of 5% per year. Who will have earned more interest after 2 years? How much more?
Mathematics
1 answer:
worty [1.4K]2 years ago
8 0
Sophie would’ve earned more
She would’ve earned $37 more

Calculations:
Sophie:
$330(1+4%*2)
=$356
Simple interest: $356-$330
=$26

Avi:
$290(1+5%*2)
=$319
Simply interest: $319-$290
=$29

$29-$26
=$3
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Noel Devine bought a new dishwasher for $320. He paid 20 down and made 10 monthly payments of $34 what actual yearly interest ra
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IN finding the interest we need to use the following formula:
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Since R is a missing term, we will solve for R using this formula: R=I/PT
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3 0
2 years ago
Read 2 more answers
Write 127.90 in expanded form
yan [13]

127.90 in expanded form:


100 + 20 + 7 + 0.9

3 0
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"Our customer retention rate has decreased 10% from last quarter's goal of 250 consumers retained. We need to increase our curre
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1. multiply 250 by 10% (250 * .1= 25)
2. Then subtract 25 from 250 (250 -25= 225)
2. Then multiply 225 by 16% (225 * .16 = 36)
3. Add 225 + 36 = 261. 
4. 261 is your final answer
6 0
2 years ago
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