What is the difference between compound and simple interest?
simple interest is calculated only on the original principal amount, while compound interest is calculated on the principal amount and the accumulated interest from previous periods
Simplify this expression: (7+5)/ 3 *5 +2
12 / 3 * 5 + 2
20 + 2
22
A nike shoe the cost $175 is now on sale for 15% off. Calculate the discount and sale price
Discount: $26.25
Sale Price: $148.75
Solve the following quadratic equation: x2 + 5x + 6=0
x= -3
x=-2
You have put in $40,000 in a savings account at a rate of 0.75% per year. Calculate simple interest earned after 25 years
I= $7,500
wht
No solution
You have invested $95,000 in at a 2% interest rate for 15 years compounded monthly. What is the value at the end of the invested time
A= $128,204.57
8x - 3x < 15
1. solve this inequality
2. on a number line
3. express in interval notation
1. x < 15
2. see white board
3. (−3, ∞)
At the end of the day a restaurant had a total sales of $25,000. Harvey contributed 35% of the sales. How much money did Harvey contribute?
Solve this equation using this formula: 2x2 +3x− 5=0
see white board