Problem Solving What is the difference between simple interest and compound
interest. Use this example to help you explain the difference.
• $1,000 compound interest at 1.2% over 3 years
• $1,000 simple interest at 1.2% over 3 years
Simple interest
- Pre
Compound interest
A = P(1+ry

the system of inequity is

step-by-step explanation:

from the given graph it is noticed that we have two related lines. one is solid and another is dashed.

if a line passing through two points, then the equation of line is

the solid line passing through the points (0,4) and (4,0).

the related equation of solid line is .

similarly, find the related equation of dashed line. the dashed liune passing through the points (0,0) and (3,1).

the related equation of dashed line is

from the given graph it is noticed that the point (0,1) lies on the shaded region, therefore the point (0,1) must be satisfied by the related equations.

check the related equations by the point (0,1).

this statement is true if the sign of inequality is < instead of equality. since it is an solid line therefore the sign of inequality will be . the required inequality is

similarly, check the second related equation.

it is a dashed line, so this statement is true if the sign of inequality is > . the required inequality is

a_n = a_1 + (n - 1)d

the first term is 6.

the common difference d = ?

when you find d, replace n with 7 and d with the common difference to find your answer.

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