The vaughn family was looking to buy a tractor. a new tractor cost $29,950. a used tractor cost $11,099. round each price to the nearest thousand. what is the estimated difference between the prices of the two tractors?

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

step-by-step explanation:

ok so im not 100% sure but you would start by adding 5.1t and 1.9t beacuse they have the same variable. that is 7t.   then add -3.6 + 1.2 which is -2.4

so then keep that as -2.4 + 7t. i apologize if this is incorrect. best luck on your test < 3