Over time, compound interest at any rate will outperform simple interest. When the rates are nearly equal to start with, compound interest will be greater in very short order. Here, it takes less than 1 year for compound interest to give a larger account balance.
In 30 years, the simple interest will be
... I = P·r·t = 12,000·0.07·30 = 25,200
In 30 years, the compound interest will be
... I = P·(e^(rt) -1) = 12,000·(e^(.068·30) -1) ≈ 80,287.31
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6.8% compounded continuously results in more total interest
Answer:
Step-by-step explanation:
intercepts the x-axis at these 2 points:
⇒ 6 and 1/2 are roots ie; if you insert 
or 
into the equation of g(x) you will obtain a 0.
now in order for 0 to appear we should have 
now in order for 0 to appear we should have 
but doesn't appear in any of these, but its multiple of 2 is there:
Therefore the function;
Answer: Sample Response :Use the linear combination method.
Multiply the first equation by –2 to create opposite terms for x.
Multiply the first equation by –4 to create opposite terms for y.
Add the system of equations to eliminate a variable.
Step-by-step explanation:
