In this problem, you will compare simple and compound interest. consider the following situation. ben deposits $550 at a 6% simple interest rate and anica deposits $550 at a 6% interest rate that is compounded annually.
a.) copy and complete the table

years | ben | anica
2 | |
4 | |
6 | |
8 | |
10 | |

24+x=y

step-by-step explanation:

a: inscribed angles

step-by-step explanation:

i reviewed this question with a peer and teacher, seems to be correct, me later

$655.61 which is option c

step-by-step explanation:

price of house =   $146,000

initial rate = 3.5%

mortgaged paid in this = 3.5 % of $146,000

                                        =

                                        =$5110

the total years would be = 7

total mortgaged paid = 7 * $5110

                                      =$35770

remaining money = $146000-35770

                                =$110230

new mortgaged payment = 5 % of 110230

                                            =  

                                            =$655.61