4. Two savings accounts each start with a $200 principal and have an interest rate of 5%. One account earns simple interest and the other is compounded annually. Which account will earn more interest over 10 years? How much more?​

Answers

Answer 1

Answer:

The compounded annually account will earn more interest over 10 years

Step-by-step explanation:

The rule of the simple interest is I = Prt, where

P is the original valuer is the rate in decimalt is the time

The rule of the compounded interest is A = P[tex](1+\frac{r}{n})^{nt}[/tex], where

A is the new valueP is the original valuer is the rate in decimaln is the number of periodst is the time

The interest I = A - P

∵ Each account start with $200

P = 200

∵ They have an interest rate of 5%

r = 5% = 5 ÷ 100 = 0.05

∵ One account earns simple interest and the other is compounded  

   annually

n = 1 ⇒ compounded annually

∵ The time is 10 years

t = 10

→ Substitute these values in the two rules above

∵ I = 200(0.05)(10)

∴ I = 100

The simple interest = $100

∵ I = A - P

∵ A = 200[tex](1+\frac{0.05}{1})^{1(10)}[/tex]

∴ A = 325.7789254

∵ I = 325.7789254 - 200

∴ I = 125.7789254

The compounded interest = $125.7789254

∵ The simple interest is $100

∵ The compounded interest is $125.7789254

∵ $125.7789254 > $100

The compounded annually account will earn more interest

   over 10 years


Related Questions

Which equations have the variable term isolated to one side of the equals sign, and the constant isolated to the other
side, for the equation 1/5 x +1/3 = 1/2x + 8/3 ? Select all that apply
1. 1/5x-7/3=-1/2
2. 7/10x=7/3
3. -7/3=-7/10x
4. x=-5/2x+35/3
5. 0=-7/10x+7/3

Answers

Answer:

7/10x =7/3

-7/3 =-7/10x

This is the answer cause I just took the test and these were the right answers.

WHICH ONE DO I PICK?

Answers

AAS theorem I believe

CAN SOMEONE PLEASE HELP! I WILL MARK BRIANLIEST

Answers

Answer:

yes is is proportional

x=ydivided by 3.5

Step-by-step explanation:

Answer: multiplying by 3.5

Step-by-step explanation: because if you divide 7 by 2 you will 3.5

help please i need help.​

Answers

Answer: y=4x-4? yall i love algebra but I was trying to find the intercept and the points diidtn mathc up

Step-by-step explanation:

you are playing a game you lose 4.8 points lose another 7.6 points and then win 2.5 points what is the overall change in your score?​

Answers

Answer:

9.9

Step-by-step explanation:

Fists you have to choose a number, ex. 20. Then subtract 4.8 from 20 equalling 15.2, then subtract 7.2 from 15.2, which equals 7.6, then add 2.5 and get 10.1. When you have that final number you must subtract it from the starting number to find the change, 20 - 10.2 = 9.9

Select "Rational" or "Irrational" to classify each number

Answers

Answer:

rational

Step-by-step explanation:

I'm coochie man

What numbers? please go into further explanation

(b) A solid metal cone has radius 1.65 cm and slant height 4.70 cm.
Calculate the volume of the cone.

Answers

Answer:

13.4

Step-by-step explanation:

πr2h

3

Answer:

12.5

Step-by-step explanation:

use pythag to find perpendicular height

then from that your answer should be 4.40cm

i'll mark u as brainliest​

Answers

Answer:

y=x+40

Step-by-step explanation:

Better?

Answer: y = x + 40 (for the sake of this problem it’s y = 1x + 40)

calculate slope using y2-y1 / x2-x1

(2, 42) (3, 43)

43-42/3-2 = 1/1 so slope is 1

plug in a point to find b

y = x + b

42 = 2 + b

b = 40

y=x+40 final answer

Diego has $12 and begins saving $5 each week toward buying a new phone. At the same time that Diego begins saving, Lin has $84 and begins spending $3 per week on supplies for her art class. Is there a week when they have the same amount of money? How much do they have at that time?
After_______weeks both Diego and Lin will have_____dollars

Answers

Answer:

$72

Step-by-step explanation:

Answer:

After ten weeks both diego and lin will have 57 dollars

Step-by-step explanation:

fp(x)=x2+2x-5 and g(x)=x-3, what is p(x) - 4(x)?

Answers

Answer:

1

Step-by-step explanation:

It's just 1

2 The outside temperature is -3°F and falling at a rate of 2 degrees per hour. What will the temperature be in 5 hours?​

Answers

Answer:

-13

Explanation:

I did the math lol

What is the volume of a cylinder with a radius of 1.5 inches and a height of 19 inches? Use 3.14 for pi. Round your answer to the nearest hundredth.

Answers

Answer:

134.24 in³

Step-by-step explanation:

Use the formula for the volume of a cylinder, V = [tex]\pi[/tex]r²h

Plug in the radius, pi, and the height:

V = [tex]\pi[/tex]r²h

V = (3.14)(1.5²)(19)

V = 134.235

= 134.24 in³

So, the volume of the cylinder is 134.24 in³

Answer:

134.24 in³

Step-by-step explanation:

can anyone please help me​

Answers

7. is C 3/50
8. is H 2/3
9. is C 2/3
10. is B slope 4 y intercept -2
11. is -1/4 slope
12. is 1/5 slope
13. is -2/3 slope
14. is 6 is the slope
15. is y=5/3x+5
16. is y=1/2x-3
17. is y=-3/5x+4
18. is y=3/2x-3 :)

Find the equation of the line.
Use exact numbers.

Answers

Answer:

y=3/4x -2

Step-by-step explanation:

I know the last box has a plus sign in front of it but it's still -2 since the y- intercept is at -2. It's the same thing but I just wanted to make sure you knew that in the last box, you still put -2.

Sorry if what I just said above is confusing, i don't know how to explain it better...

Suppose 5,500 dollars is placed in a saving account how much money would be in the saving account after 5 years if the compound interest semiannually at a rate of 5% per year

Answers

Answer:

FV= $7,040.46

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $5,500

Number of periods (n)= 5*2= 10 semesters

Interest rate (i)= 0.05/2= 0.025

To calculate the future value (FV), we need to use the following formula:

FV= PV*(1+i)^n

FV= 5,500*(1.025^10)

FV= $7,040.46

I NEED REAL HELP QUICKLY please

Answers

Answer:

hold on its its.............oh yeah 21

Answer:

  b

Step-by-step explanation:

what is the equation of the line?
a. y= -1/2x+1/2
b. y= -2/1x+1
c. y= -1/2x+1
d. y= -2/1x+1/2

Answers

Answer:

A) y = -1/2x + 1/2

Step-by-step explanation:

Find the y-intercept(when x = 0), which is 1/2.

Find the slope: m = y2-y1 / x2-x1

I used points: (3, -1), (-3,2)

m = 2 - (-1) / -3 - 3

m = 3 / - 6

m = -1/2

plug this into the slope intercept form equation: y = mx + b

y = -1/2x + 1/2

One year ago, Lindsey deposited $250 into a savings account. Her balance is now $253. Two years ago, Jenn deposited $250 into a savings account. Her balance is now $257.50. Which account has the greater simple interest rate? Explain.
This is due at 2

Answers

Jenn's account has the greater simple interest rate

Where A is the final amount after investment, P is the initial amount, r is the rate of interest and t is the time periods.

For Lindsey:

Lindsey simple interest was 1.2% annually

For Jenn:

Jenn simple interest was 1.5% annually

Therefore Jenn's account has the highest simple interest rate.

^^^^^^^^^^^^^^^^^^^^

"EamonnAdams1992"

Answer:

She has a higher interest rate

Step-by-step explanation:

Lindsay’s interest is $3 for one year. Using the formula for interest, I = prt, Lindsey’s money is earning at a rate of 1.2%. Jenn has earned $3.75 for one year. Her money is earning at a rate of 1.5%, which is a higher interest rate.

Sample answer on edge ;)

The perimeter of an isosceles triangle is 15.6 cm. Find the lengths of its sides, if: The base is 3 cm smaller than a leg.

Answers

Answer:

The sides of the isosceles triangle are 3.2 cm, 6.2 cm and 6.2 cm

Step-by-step explanation:

The sides of an isosceles triangle are equal in length

Let the base be x cm

Since it is 3 cm smaller than a leg, the legs will be (x + 3) cm

To find the perimeter of a triangle, we add up the sides

x + x + 3 + x + 3 = 15.6

3x + 6 = 15.6

3x = 15.6 - 6

3x = 9.6

x = 9.6/3

x = 3.2 cm

So the base is 3 + 3.2 =6.2 cm

What is the inequality of this graph?

Answers

Answer: y < 3x -4

Step-by-step explanation:

We know two points of line: (0,-4) and (1,-1)

Therefore, we can find the slope: 3/1.

We know the y intercept.

Dashed line means the inequality is not apart of the region.

y < 3x-4

prove algebraically that n^2 -n is never an odd number when n>1

Answers

Answer:

See Below.

Step-by-step explanation:

We want to prove that:

[tex]n^2-n[/tex]

Is never an odd number when n>1.

We will have two cases. We can prove them for each case individually.

The Even Case: n is Even:

Let n be even. Then, we can rewrite n as:

[tex]n=2k[/tex]

Where k is any positive integer.

This is because twice of any integer is even, so n must be even.

Substitute this into our expression to acquire:

[tex]=(2k)^2-(2k)[/tex]

Square:

[tex]=4k^2-2k[/tex]

4 times anything is even. 2 times anything is also even. Therefore, our expression will stay even.

The Odd Case: n is Odd:

Let n be odd. Then we can rewrite n as:

[tex]n=2k-1[/tex]

Where k is any positive integer.

This is odd because twice of any number is even, but if subtracted by 1, it yields an odd number.

We will substitute this into our expression to acquire:

[tex]=(2k-1)^2-(2k-1)[/tex]

Square:

[tex]=(4k^2-4k+1)+(-2k+1)[/tex]

Simplify:

[tex]=4k^2-6k+2[/tex]

4 times anything is even. 6 times anything is even. And anything even added to 2 will still be even.

Therefore:

[tex]n^2-n[/tex]

Will never be an odd number when n>1.

Which point below is not on the graph
A.)(-13, 7)
B.)(-35, 1)
C.)(11, 5)
D.)(27, 3)

Answers

Answer:

It is B

Step-by-step explanation:

Because their isnt a square root fpr 51

Suppose that f(x)=3x+1....

Answers

Answer:

3

Step-by-step explanation:

f(x) = 3x+1

f(x+h) = 3(x+h)+1 = 3x+3h+1

f(x+h) - f(x)= 3x+3h+1-3x-1 = 3h

3h/h=3

PLEASE HELP ASAP
Write the slope-intercept form of an equation of the line that passes through the
given point and is perpendicular to the graph of the equation..
(-3, -2), y = x + 2 .

Answers

Answer:

y=-x-5

Step-by-step explanation:

Assignment
Yeshi is making Pork fing. He has only 300g of pork
So he have to adjust the ro recipe.
500g pork
150g tomatoes
100g butter
120ml water
45g green chilli
8og onion.
a How much of each of the other ingredients
should he use​ to make pork fing

Answers

Answer / Step-by-step explanation:

500g - 300g = 200  {200 ÷ 500 = 0.4}  ---- 300g pork

0.4 × 150g = 60g tomatoes

0.4 × 100g = 40g butter

0.4 × 120ml = 48ml water

0.4 × 45g = 18g green chilli

0.4 × 8og = 3.2og onion

Please help if you can Thank you so much!

Answers

Answer:

Answers in explanations, hope they're correct!

Step-by-step explanation:

12. You will be using 0 gallons of gas when traveling 0 miles.

13. 20 gallons

14. (2,6)

15. You will package 15 dozens of cupcakes after 5 hours

Answer:

12: 0 miles uses 0 gallons of gas

13: 20 gallons

14: (1,3)

15: it takes 5 hours to make 15 dozen cupcakes

Step-by-step explanation:

13) 4 gallons for every 100 so multiple by 5 for 500

Four friends do yardwork for their neighbors over the weekend, earning $\$15$, $\$20$, $\$25$, and $\$40$, respectively. They decide to split their earnings equally among themselves. In total how much will the friend who earned $\$40$ give to the others?

Answers

Answer:

$15

Step-by-step explanation:

Let A, B, C and D represent the four friends respectively.

Given the following data;

Amount earned by A = $15

Amount earned by B = $20

Amount earned by C = $25

Amount earned by D = $40

Total amount earned = 15 + 20 + 25 + 40

Total amount earned = $100

For an equal ration, each friend should be given;

Each earnings = total amount earned/number of friends

Substituting into the equation, we have;

Each earnings = 100/4

Each earnings = $25

Hence, for D with $40, would become;

D = $40 - $25

D = $15

Therefore, D would give A $10 and give B $5.

what would the value of X be on this one?

Answers

Answer:

i think it's 51 because if you add 106 and 23 together it's 129 then 180-129= 51

Step-by-step explanation:

Jim biked 2 3/4
miles on Monday and then 3 5/8 miles on Tuesday. How many miles did he bike in
total?

Answers

Answer:2 3/4+ 3 5/8= 6 3/8

Step-by-step explanation:

2 3/4= 2 6/8+3 5/8=5 11/8=6 3/8

What is the x-intercept of the line?

Answers

Answer:

x- incept = 14

Step-by-step explanation:

Take any two points and find the slope.

(-94 , 24)   & (-74 , 18)

[tex]Slope =\frac{y_{2}-y_{1}}{x_{2}-x_{1}}\\\\ = \frac{18-24}{-74-[-94]}\\\\=\frac{18-24}{-74+94}\\\\=\frac{-6}{20}\\\\=\frac{-3}{10}\\[/tex]

(-94 , 24) and m = -3/10

Equation of the line:

[tex]y-y_{1}=m(x- x_{1})\\\\y - 24 =\frac{-3}{10}(x - [-94])\\\\y-24 =\frac{-3}{10}(x + 94)\\\\y-24=\frac{-3}{10}x + 94*\frac{-3}{10}\\\\y-24 = -0.3x- 28.2\\\\ y = -0.3x - 28.2 + 24\\\\ y = -0.3x - 4.2[/tex]

At x-intercept y = 0

0 =  -0.3x - 4.2

4.2 = - 0.3x

4.2/-0.3 = x

14 = x

x- incept = 14

Other Questions
Your boss at Swift Electronics decides against the recommendations you made Six months later, a supplier sends the wrong projection device in response to your order. The supplier then refuses to correct the mistake. Your boss hires an attorney at $250 per hour and takes you to lunch to admit she made a mistake in not following your ideas. Ultimately, the case is set for trial. What type of jurisdiction will this court have? What will be done during the trial? What do you think is the best way to balance using digital media and doing things offline? 15.Which species contains 16 protons, 17 neutrons and 18 electrons?a. 325b. 3382-d. 3592-C. 345 The level of the Baring market index is 22,300 at the start of the year and 26,800 at the end. The dividend yield on the index is 4.3%. a. What is the return on the index over the year Billy graphed the system of linear equations to find an approximate solution. y = A system of equations. y equals negative StartFraction 7 over 4 EndFraction x plus StartFraction 5 over 2 EndFraction. y equals StartFraction 3 over 4 EndFraction x minus 3.x + y = x 3 A coordinate grid with 2 lines. The first line is labeled y equals negative StartFraction 7 over 4 EndFraction x plus StartFraction 5 over 2 EndFraction and passes through the (0, 2.5) and (2.2, negative 1.4). The second line is labeled y equals StartFraction 3 over 4 EndFraction x minus 3 and passes through (0, negative 3, 0.14) and (2.2, negative 1.4) Which points are possible approximations for this system? Select two options. (1.9, 2.5) (2.2, 1.4) (2.2, 1.35) (1.9, 2,2) (1.9, 1.5) Mark this and return What conflict have you faced in your own life? What is the area of the triangle bounded by the line 3x+2y=12 and the x- and y- axes? Calculate how much energy (in Joules) it takes for a bird of 134.6 g to fly 34.8 m to the top of a tree from the ground. Calculate the value assuming only vertical displacement. Recall the gravitational constant is 9.81 m/s2. China was easily defeated by the British in the first Opium War becauseChinas navy was no match for Britains advanced weaponry.Britain had help from its allies in Europe to fight the Chinese.China never had a chance after Britains surprise attack.Britains navy outnumbered the Chinese navy by fifty to one.helllp (BRAINLIEST FOR QUICKEST)Write the following using algebraic notation, using the letter x for any unknown numbers. I think of a number add seven and then divide by five. The following guidelines in the Charter of 1732 applied to what group of people? *No hard liquorNo slavesNo land ownershipMust defend colonyColonistsOnly Jews in GeorgiaOnly trusteesDebtors coming to start a new life in Georgia Pls help with this problem What is the line of reflection This question is 15 points. I will give you the brainlest, please help me! Fill out the box. What two civilizations did Alexander the Great conquer as he built his empire? greece and china,rome and india,persia and chine,persia and china Calculate the quotient below and give your answer in scientific notation. 0.00065/5*10^-2 what is the theoritical foundation of leadership List 3 examples of racial injustice that King uses as support for his claim that African Americans are not free? God helped Joseph because he loved and obeyed God. What does this story tell you about your own life? Help!! Quick!! What was Wang Kons greatest achievement?conquering Korea for Chinaunifying Korea under the Koryu dynastycreating a system of moveable typepromoting the ideals of Shintoism