For a given principal, interest rate, and time, why is more interest earned under
compound interest than simple interest?
Include an example in your
explanation

Translate the following situation into an inequality statement . lily has $25 to spend on a charm bracelet for her sisters birthday gift the cost of the bracelet is $12 plus $1.50 per charm

The rate of decay of a radioactive substance depends upon the amount present initially. the mass y (mg) of the radioactive substance cobalt-60 present in a sample at time t (years) is represented by the exponential equation y=50e −0.1315 t . answer the following questions in complete sentences. 1. how does the exponential equation above compare to the equation for simple interest that is compounded continuously? explain the similarities. 2. what is the initial amount of cobalt-60 in the sample? 2. how much cobalt-60 is left after 8.4 years? show your work. 3. what would be the y-intercept of the graph? what does it represent? 4. after how many years will the amount of cobalt-60 left be 6.25 mg? explain what happens to the cobalt-60 after 50 years? 5. discuss some “real-world” examples and uses of cobalt-60

How do you determine if an ordered pair is a solution to a given equation?