Account A: $300 monthly deposits, interest rate is 4.2%. Account B: $250 monthly deposits, interest rate is 5.1%. Which account will have a greater value at the end of 15 years?





a. Account A will be greater than Account B.





b. Account B will be greater because the interest rate is higher.





c. They will be worth about the same.





d. Not enough information.

Answers

Answer 1

Answer:

A

Step-by-step explanation:

We have to determine the future value of the annuity to determine which account has a greater value

Future value = Amount x annuity factor

annuity factor = Annuity factor = {[(1+r)^n] - 1} / r

Account A = 300 x[ (1.042)^15 - 1 ] / 0.042 = $6097.14

Account B = 250  x[ (1.051)^15 - 1 ] / 0.051 = $5435,42

Account A will be greater


Related Questions

The dimensions of a lawn shaped like a trapezoid are given in meters. 18 meters, 4 meters, 5 meters, 12 meters. What is the area of the lawn in square meters?

Answers

Answer:

the  area of the lawn in square meters is  60 meters^2

Step-by-step explanation:

The computation of the area of the lawn in square meters is shown below

= 12 meters × 5 meters

= 60 meters ^2

Here we multiply the two sides so that the area of the lawn could be come

Hence, the  area of the lawn in square meters is  60 meters^2

HELP PLS THIS IS DUE TODAY (I WILL BE MARKING BRAINLIEST)

Answers

The answer:
1) <
2) >
3) =
4) >
5) =
6)

Answer:

1) <

2) >

3) =

4) >

5) =

6)<

one number is nine than another number. if the sum of the numbers is 65, find both numbers.​

Answers

If your saying one number is 9 more than the other then the two numbers are 28 and 37

Answer:

28 and 37

Split 65 into 2 numbers

30 and 35

Then add and subtract till you get your answer

29 and 36

28 and 37


At the music store Katelyn bought 2 packs of
guitar strings and a music book. The book cost
$18.00. Her total purchase was $46.00. How
much is one pack of strings?

Answers

For one pack of guitar strings, it cost $14.00

For each equation, find a value for x that makes the equation true.

4x/3x=10/3

Answers

Answer:

No Solution

____________________________________________________________

It is estimated that 78% of drivers use their turn signal. Part A: What is the probability that exactly 3 drivers use their turn signal if a police officer pulls over five drivers? (5 points) Part B: What is the probability the next driver using their turn signal that the police officer pulls over if the fifth driver? (5 points) (10 points)

Answers

Answer:

0.2297 ;

78% of drivers use their turn signal. Part A: What is the probability that exactly 3 drivers use their turn signal if a police officer pulls over five drivers? (5 points) Part B: What is the probability the next driver using their turn signal that the police officer pulls over if the fifth driver? (5 points) (10 points)

Step-by-step explanation:

p = 0.78

1 - p = 0.22

P(x = 3)

Using the binomial distribution formula :

P(x =x) = nCx * p^x * (1 - p)^(n - x)

P(x = 3) = 5C3 * 0.78^3 * 0.22^2

P(x = 3) = 10 * 0.78^3 * 0.22^2

P(x = 3) = 0.2297

Sean and his cousin are playing a game where they pick up colored sticks. Sean currently has 50 points and likes to pick up the white sticks, earning 2 points every turn. His cousin just lost all her points on the previous turn, and has a strategy to catch up by getting all the purple ones, earning 12 points per turn. In a certain number of turns, the score will be tied. How long will that take?

Answers

Answer:

It would take 5 turns

Step-by-step explanation:

Tom's father is carpeting a rectangular room that has an area of 240 square feet. The width of the room is 15 feet. How long is the room?

Answers

Answer:

16 feet is the length of the room

Step-by-step explanation:

to find area, you do length x width. If you are trying to find L in L x W = A then you have to divide 240 by 15 to get 16 feet as the length

If a circle has a diameter of 8cm, what is the radius of this circle?

Answers

Answer:

r=4cm

d Diameter

cm

d

r

r

r

d

d

C

A

Unit Conversion:

d=8cm

Using the formula

d=2r

Solving forr

r=d

2=8

2=4cm

Step-by-step explanation:

Rob is saving to buy a new MP3 player. For every $12 he earns babysitting, he saves $9. On Saturday, Rob earned $36 babysitting. How much money did he save?

Answers

Answer:

$27

Step-by-step explanation:

Set up a proportion where x is the amount of money he saved:

[tex]\frac{12}{9}[/tex] = [tex]\frac{36}{x}[/tex]

Cross multiply and solve for x:

12x = 324

x = 27

So, he saved $27

Which graph represents the conic 4x2 – 16x – 9y2 + 54y – 101 = 0?
It is the forth graph.

Answers

Answer:

The Fourth Graph /  D

Step-by-step explanation:

Took The Quiz

Answer:

fourth graph

Step-by-step explanation:

^u^

Addison wants to download some music onto her phone. On Apple Music, for a $10 monthly fee, she can download as many songs as she'd like - for fifteen cents each. Which equation below will help Addison figure out how much money she will spend during the month, based on the number of songs that she downloads?

Answers

Answer:

10+.15x

Step-by-step explanation:

10 is already the monthly fee and wont change,

.15x is how many songs she gets, which can change

A gardener is planting two types of trees: Type A is 4 feet tall and grows at a rate of 24 inches per year. Type B is 5 feet tall and grows at a rate of 21 inches per year. Algebraically determine exactly how many years it will take for these trees to be the same height.

Answers

It would take 5 yrs. for both trees to be the same height.

Chau and Maria each opened a savings account today. Chau opened his account with a starting amount of $510, and he is going to put in $80 per month. Maria opened her account with a starting amount of $590 and she is going to put in $60 per month

Answers

Okay so what’s the question?? You gave the details to do the math but what’s the question?

Pls help me find v,w,x,y, and z pls help me I will mark u brainlest

Answers

Answer:

v 39 degree

z 47 degree

x 94 degree

sry don't know about w and y....

Please help me with this, it's urgent and due tonight (Ylasterdev125 do not try to answer this with your petty virus file)

Answers

Answer:

domain is (-1 , 2) and the range is (0 , 4)

A floor tile is shaped like a regular hexagon. The side lengths are 4 cm and the apothem 2√3 cm.
What is the area of the hexagonal floor tile?

Enter your answer as a decimal to the nearest hundredth.
area = cm2

Answers

Answer:

Area of regular hexagon[tex] \approx 41.57 \: {cm}^{2} [/tex]

Step-by-step explanation:

Area of regular hexagon

[tex] = 6 \times area \: of \: one \: triangle \\ \\ = 6 \times \frac{1}{2} \times 4 \times 2 \sqrt{3} \\ \\ = 24 \sqrt{3} \\ \\ = 41.5692194 \: {cm}^{2} \\ \\ \approx 41.57 \: {cm}^{2} [/tex]

Answer:

41.57

Step-by-step explanation:

took the test

A balance scale shows that 12 + 5 = 17. If five units are removed from one side, what needs to be done to the other side to keep the scale in balance?

Answers

You would need to add 5 to the opposite side so the balance scale stays 17.

Chau made $105 for 7 hours of work.
At the same rate, how much would he make for 13 hours of work?

Answers

Answer:

$195

Step-by-step explanation:

102/7 = $15/hour

15 x 13 = $195

he would make $195 13*15

Choose the graph of the solution to this inequality.
–6x < 21

Answers

Answer: A

Step-by-step explanation:

c - 12 > -16

c > -4

A

The answer is A.

c - 12 > -16

c > -16 + 12

c > -4


> means the the arrow should be pointed to the right, and should be on the point -4.

Suppose ABCD is a rhombus with AB = 12 inches. The midpoints of its sides are joined to form a quadrilateral. What type of quadrilateral is formed?

Answers

Answer:

A rectangle

Step-by-step explanation:

The given parameters are;

The quadrilateral ABCD is a rhombus;

The length of the sides of the rhombus = 12 inches

The lengths of the sides of a rhombus are equal

The opposite interior angles of the rhombus are equal

The length of each midpoint from the vertex = 12 in./2  = 6 in.

Therefore, we have;

The line joining the midpoints form a quadrilateral with the length of the opposite sides equal

The sum of the interior angles of the rhombus = 180°

From the diagram created with Microsoft Visio, we have;

4·a + 4·b + 360 = 4 × 180 = 360 + 360

4·a + 4·b = 360

a + b = 90°

We have;

The interior angles of the quadrilateral formed = x

a + b + x = 180° Sum of angles on a straight line

∴ x = 180° - (a + b) = 180° - 90° = 90°

x = 90°

Therefore, the interior angles of the quadrilateral formed = 90°

The quadrilateral formed having equal opposite sides, and all interior angle of 90° each is a rectangle

Helppppp pleaseeeee I don’t knowwww

Answers

-2,2
The c lands on negative 2 on the x coordinate and if you go up 2nd The y coordinate lands on 2 a regular 2!

Help me with this!!!

Answers

Answer:

Your answer is easy it is 30

please give brainliest

Determine if the two triangles are congruent. If they are, state how you know.

Answers

Answer:

No, these 2 triangles are not congruent as not even 1 side in the triangles has been marked as equal.

Hence, the answer is f) not enough information.

find the geometric mean of 50 and 4

Answers

Mean also means average.

[tex]\frac{50+4}{2}=\frac{54}{2} =27[/tex]

Answer- 14.1
Is the mean of 50 and 4

Help pls it open ended soooo???????

Answers

Answer:

8, 9

Step-by-step explanation:

The answer is 8, and 9

72 = x*(x+1)

Lets factor out 72

1 x 72

2 x 36

3 x 24

4 x 18

....

8 x 9

8 and 9 are consecutive

A classroom had 35 glue sticks.If the ratio of glue sticks to glue bottles was 5:2 how many glue bottles did the classroom have​

Answers

Answer:

14

Step-by-step explanation:

35÷5=7

2×7=14

hope this helps

Answer:

14

Step-by-step explanation:

35÷5=7

7×2= 14

ya welcome

Eva has a coupon for an oil change with synthetic oil for $59.95. She can buy 5 quarts of synthetic oil, which is what her car needs, for $26.54 and an oil filter for $6.47. How much can she save by doing the oil change herself?

$79.22

$139.17

$59.95

$32.92

$26.94

Answers

Answer:

$26.94

.................

How many solution does this equation have -5j = -6j - 4

Answers

Answer:

1

Step-by-step explanation:

All variable terms are to the first power. You can prove this by solving:

-5j = -6j - 4

4 = -1j

j = -4 (One answer)  

In an arboretum, the heights of five trees were 21 feet, 31 feet, 36 feet, 28 feet,
and 26 feet. What would be the height of the sixth tree if the mean height of the
six trees was 28 feet?

Answers

Answer:

26

Step-by-step explanation:

(21+31+36+28+26+x)/6=28

21+31+36+28+26+x= 28×6

142+x =168

x=168-142

x=26

Other Questions
why are you giving incorrect answers B HELP FAST GIVING BRAINLYSTWhich of the letters on the map above shows the location of the Pacific Ocean?A.BC.D Plss help me will mark brainliest Which of the following words is a preposition?A. preB. downC. loveD. quickly A 1,500 kg car is at rest on a level track. The driver gives the engine gas and the car begins to accelerate forward. The car moves from 0 m/s to 27 m/s in 8 sec. What is the acceleration of the car? HELP PLEASE DUE IN 3 MINUTES Select the correct answer.Athletes can have short playing careers, so they are eager to leverage their fame through endorsements as much as possible. What is the risk of such an approach?A. Theres saturation of the market with multiple endorsements.B. Only certain companies will be interested.C. Consumers will start to lose interest.D. Their perceived endorsement value will be low. Both carnivorous plants and those that can close their leaves to protect themselves exhibit:A: ThigmotropismB: Positive gravitropismC: Negative gravitropismD: Hydrotropism pls help with this im super confused Whats an equivalent fraction to 5/6 that has a denominator of 12 explain how important is the role of the parents during the earlier stage of development? For the following right triangle, find the side length x. Round your answer to the nearest hundredth.1512 Change the verbs in parentheses to the future tense.Yo _____ (ingresar) en la universidad durante el verano.Olivia _____ (viajar) a Espaa esta semana.El jueves _____ (llover) a cntaros.Los estudiantes _____ (volver) a la escuela hoy.Juntos, nosotros _____ (cambiar) el mundo.T _____ (estudiar) las ciencias o las matemticas?El fin de semana mi amigo y yo _____ (ir) a la playa.El seor Irizarry _____ (escribir) un ensayo sobre el prejuicio en el colegio.Mis padres se _____ (mudar) a California en diciembre.Yo nunca _____ (vivir) en California con ellos. 2.Which of the following topics is too broad for a 10-minute speech?A. interior design tips for the college dormB. the history of modern interior designC. preparing for a career in interior designD. classes offered in interior design In RST, s = 3.5 cm, r = 5.4 cm and R=49. Find all possible values of S, to the nearest 10th of a degree. A cola container is in the shape of a right cylinder. The radius of the base is 4 centimeters, and the height is 12 centimeters. What is the volume of the container? A. 225 B. 192 C. 136 D. 216 The height of the pyramid in the diagram is three times the radius of the cone. The base area of the pyramid is the same as the base area of thecone. What is the expression for the volume of the pyramid in terms of the radius r of the cone? How does physical sensation shed light on the relationship between racism, stress and physical health? what is one true statement about money ? please help me please will give brainliest