‘Simple interest and compound interest Problem 187 Jayne pus 50 that eas 9% simole ieterest. How “ave tthe end of (@) One year? 5450 (© Papeyean’ 6350 ©) Twoyean?'s900 (a) myears? (Aner in terms of) 5000+ ((5i Frablem 195 jaye puts SSO Iman lnvestment cars Mo interest. he |Scompounded anally how much willshe hav atthe end of (@) One year? 5000*1.09°1=54 ©) Twoyean? 5000*1,09%% “Jow do your answers compare tothe syblem 199 Brad aes a $1000 Town that asa “dd nal $1900 a thee of the (a) Annual? 10000*1.14=11400 (0) Seannuly? (wo mesa year) 11449, {€) Quarry? Fou equally spaced tnesayeat) iy 106 ( AY (a) merely spaced ties yeu? (Answer interms ct) g (vege yoann part rhea eo, Det ape the amount of money Brad can owe? Se00% LT XA (ioooe (sy — RO od rn | Amount owed T) $1400 fs, s| ES 3] ee ooo | $1150274 aooono | $1150074 fa*9)/100) nt sooo!" %o Ae) Stz PIR loo Pe Panagell Tons 48 be tae Ay ye po (fs CLe Teco ant one Ye(4) The interest is simple interest. 15000 (©) The interests compounded annualy.16105.1 142,,) loa (9 a Yai si © Teeter fIC024( 519 SS wan “sec Wags S= (oxen ) von TRY 19, . 19.22 Joanie takes a $6,000 loan to pay for her cat. The interes ate onthe lan is 12%. She makes n 0 ) ‘payments fr years, but has to pay back al the money she owes at the end of years. How much mot \b p05 ‘ey wae oe ie es cnn ure} an eens ape 1823 Bil ne $2500 an vse ht py inet compounded Sal or WERE ‘two years, then 8% interest compounded annually fr three years after that. Debbie investa§2500 1 y quarterly venient at pays et compounded armaly rte ist ce ya hn re Scene any fo ea fe it Whh eset worth te mest money ater (09° (+525) = 6 {0 (i, : =o af, ne Simpl inert rate IS (a) What sr if teirinvestment are worth the same amount ater year? () Whats if their investments are worth the same amount afer 2 years? (Whats if thir investments are worth the same amount after 10 years? fi Debbie years first 3 years 00(I§,)'= 2756.25 250 li, 3149 ears 18.25 Show that Ss invested at an interest ato for n years compounded annually tenth \/aftar yosemite toa amount atthe end on years (ein Beggs UM ea Ba aye 124, sities ao open ye ae thetotal amount atthe end of years _ + (he as80( 4 7,9)