Financial Literacy: Question 2Gordon opened a savings account with an initial deposit of $1,200.His balance will earn 2.5% simple interest overy year, Balley openeda savings account with an initial deposit of $900. Her balance willearn 3.25% interest compounded annually. The deposits were madeon the same day, and no additional money will be deposited orwithdrawn from the accounts. Which statement about the balances ofGordon's account and Balley's account at the end of 6 years is true?​

Answers

Answer 1

Answer:

In 6 years form now, the balance in Gordon's account will be = {$1,200 x [1 + (2.5% x 6 years)]} = $1,380

his account will have earned = 2.5% x 6 years x $1,200 = $180 in interests over the six years

In 6 years form now, the balance in Bailey's account will be = $900 x (1 + 3.25%)⁶ = $1,090.39

his account will have earned = $190.39 in interests over the six years

Bailey's account earned more interest than Gordon's, even though his initial balance was much lower. This was due to higher interest rates and more important, because Bailey earned compound interest.


Related Questions

students deliver catalogues and leaflets to houses. one day they have to deliver 384 catalogues and 1890 leaflets. each student can deliver either 16 catalogues or 90 leaflets in 1 hour. each student can only work for 8 hours. all students hired are paid 51.30 per day, even if they dont work a full day. If the minium number of students are hired, how much will the wage bill be?

Answers

Answer:

£352.80

Step-by-step explanation:

Divide the total number of catalogues by the per hours and hours.

15 per hour x 8 hours= 90 catalogues

360 catalogues ÷ 90 catalogues = 4 students.

Divide the total number of leaflets by the per hours and hours.

80 per hour x 8 hours= 640 leaflets

1440 leaflets ÷ 640 leaflets = 3 students

4 students + 3 students=7 students.

7 students x £51.30 per day = £352.80

The wage will be £352.80

Answer:

hi

Step-by-step explanation:

hi

help me ASAP
factorise; a=b-bx
10 points to whoever answers this​

Answers

Answer:

a=-b(x-1)

Step-by-step explanation:

Is it factored, but that question doesn't have too much helpful in it

Answer:

a=-b(x-1)

Step-by-step explanation:

PLEASE HELP‼️
You deposit $400 in an account that pays 5% annual interest How long will it take for the balance to double for each frequency of compounding?
a. annually
b. quarterly
c. daily
d. continuously
I NEED AN ANSWER for ALL 4‼️‼️‼️‼️‼️

Answers

Answer: hi lissette

Step-by-step explanation:

Answer:

Step-by-step explanation:

Annually: 14.21 years

Quarterly: 13.95 years

Daily: 13.86 years

Continuously: 13.86 years

:)

Target pays $13 per pair of sunglasses and uses 30% markup rate. What is targets selling price for the sunglasses?

Answers

Answer:

$16.90

Step-by-step explanation:

First you need to find how much the markup is in dollars.

Multiply 13(0.3).

This will give you 3.9.

Then you add this to the original cost of the glasses.

13+3.9= 16.9.

So, the final cost of the glasses is $16.90.

Round the following number as a indicated 106,513 down to a hundred thousand start with a hundred thousand first

Answers

Answer:

100,000

Step-by-step explanation:

A helicopter flying 3,590 feet above the ground spots the top of a 150-foot tall tower. The angle of depression from the helicopter to the top of the building is 83 degrees. How far must the helicopter fly to be directly over the tower?

Answers

Answer:

[tex]x\approx 422.4[/tex]

Step-by-step explanation:

Assuming 'x'  the distance helicopter needs to fly to be directly over the tower.

It is given that a helicopter flying 3590 feet above ground spots the top of a 150-foot tall cell phone tower at an angle of depression of 83°.

From attachment that helicopter, tower and angle of depression forms a right triangle.

As height of tower is 150 feet, so the vertical distance between helicopter and tower will be: 3590-150=3440 feet.

Also, the side with length 3590-150 feet is opposite and side x is adjacent side to 83° angle.

As the tangent relates the opposite side of a right triangle to its adjacent  side, so we will use tangent to find the length of x.

[tex]\text{Tan}=\frac{\text{Opposite}}{\text{Adjacent}}[/tex]

[tex]\text{Tan}(83^o)=\frac{3590-150}{x}\\[/tex]

[tex]\text{Tan}(83^o)=\frac{3440}{x}[/tex]

[tex]x=\frac{3440}{\text{Tan}(83^o)}[/tex]=>[tex]x=\frac{3440}{8.14434}[/tex]

[tex]x\approx 422.4[/tex]

Thus, the helicopter must fly approximately 422.4 feet to be directly over the tower.  

During a middle school basketball ​game, every spectator placed his or her ticket stub into one of several containers. After the​ game, the coach chose eleven people to march in the sportsmanship parade. Who are the samples and populations?

Answers

Answer:

The eight people to march in a sportsmanship parade.

Step-by-step explanation:

NEED THIS ASAP!!
20% of the students in Mr. MacGregor’s class earned As on their final projects. 5% of the students who received As on their final projects also received As on their final exams. Find the probability that a student chosen at random received an A on both the final exam and the final project.

A.
0.01
B.
0.05
C.
0.10
D.
0.50


Answers

Answer:

its B

Step-by-step explanation:

the first part of the question was unnecessary information its just 5% move the decimal two to the right to find the actual number

Samantha and Luis are attempting to determine the average number of library books that seventh-grade students check out at
one time. Samantha surveys every other seventh grade student leaving the library. She samples a total of 40 of the 200
seventh graders. Luis samples 30 of the 200 seventh grade students at random in the school cafeteria, Whose sample is the
most random?

Answers

Answer:

Luis because the sample is taken from the population of all seventh graders.

Step-by-step explanation:

What percent is 60 is 42

Answers

Answer:

The percentage is 70%

Answer:

the answer is 70%

Step-by-step explanation:

Let's consider 42 as x% of 60.

x% of 60 = 42 (x% means x/100)

(x/100) * 60 = 42

60x/100 = 42

60x = 42 * 100 = 4200

x = 4200

5. What is the height of a pyramid (with a square base) whose side length is 12 cm and its slant
height is 10 cm?
a.) 22 cm
b.) 8 cm
d.) None of these
c.) 2 cm​

Answers

Answer:

384

Step-by-step explanation:

The formula for the volume is Area of Base * H / 3

The area of the base is 144

If you draw the height from the peak, you will get a right triangle with side length 6 and hypotenuse 10

Pythagorean Theorem, and the height is 8

144 * 8 / 3 = 384

Hope this helps.

George wrote an integer. The opposite of George's integer is - 53. Which of these statements about George's integer must be true? The integer is 53. II. The integer has an absolute value of - 53. III. The integer is - 53. IV. The integer has an absolute value of 53. A I and II B II and IV C II and III D I and IV

Answers

Answer:

D I and IV

Step-by-step explanation:

The opposite of an integer "x" is "-x".

I. The integer is 53.  →  Since the opposite of George's integer is -53, the integer is -(-53) = 53

II. The integer has an absolute value of - 53.  →  The absolute value of 53 is 53.

III. The integer is - 53.  →  It was 53, found in I.

IV. The integer has an absolute value of 53.  →  It has an absolute value of 53, found in II.

Express each equation in the form y = mx + b: 5x + y – 3 = 0

Answers

Answer:24

Step-by-step explanation:

How do you simplify the expression q(x) = (x² + x - 1) × (x² - x - 1)?

Answers

Answer:

q=−3x3+4x2−x

hope this helped :)

Step-by-step explanation:

Which equation has roots -2 and 3? A. y=x2+x−6 B. y=x2−x−6 C. y=x2−5x−6 D. y=x2+5x−6

Answers

Answer:

The answer is B.

Step-by-step explanation:

You have make y equals to 0 and solve each and every equation one by one :

Option A,

[tex] {x}^{2} + x - 6 = 0 \\ {x}^{2} + 3x - 2x - 6 = 0 \\ x(x + 3) - 2(x + 3) = 0 \\ (x - 2)(x + 3) = 0 \\ x = 2 \: or \: - 3[/tex]

Option B,

[tex] {x}^{2} - x - 6 = 0 \\ {x}^{2} - 3x + 2x - 6 = 0 \\ x(x - 3) + 2(x - 3) = 0 \\ (x + 2)(x - 3) = 0 \\ x = - 2 \: or \: 3[/tex]

Option C,

[tex] {x}^{2} - 5x - 6 = 0 \\ {x}^{2} + x - 6x - 6 = 0 \\ x(x + 1) - 6(x + 1) = 0 \\ (x - 6)(x + 1) = 0 \\ x = 6 \: or \: - 1[/tex]

Option D,

[tex] {x}^{2} + 5x - 6 = 0 \\ {x}^{2} - x + 6x - 6 = 0 \\ x(x - 1) + 6(x - 1) = 0 \\ (x + 6)(x - 1) = 0 \\ x = - 6 \: or \: 1[/tex]

The lines shown below are perpendicular. If the green line has a slope of -1/4, what is the slope of the red line

Answers

Answer:

4

Step-by-step explanation:

The slope of the green line is the negative reciprocal of that of the red line:

-1 / (-1/4), or just 4

Answer:

+4

Step-by-step explanation:

The slopes of perpendicular lines are negative reciprocals of one another.

Here, with one slope being -1/4, the slope of a perpendicular line would be +4.

Juanita has 30 beads. 90% of the beads are white.
How many beads are white?

18
25
27
21

Answers

90*30/100
Answer is 27

The algebraic expression 4x2 + 3Vx+5 is a polynomial
Please select the best answer from the choices provided
T
F

Answers

Answer:

In this problem, I can not tell what is V, so I will answer it in a general way.

A polynomial is something of the form:

a*x^5 + b*x^4 + c*x^3 + d*x^2 + e*x + f

a, b, c, d, e, and f are real numbers and constant.

Where the degree of the polynomial is equal to the greatest power (in this case 5).

You write:

4x^2 + 3Vx + 5

Now, if V is a real number, then we have that this is a polynomial of degree 2.

Because we can write this as:

4*x^2 + (3V)*x + 5

So the answer is true.

Now, if V is a variable or an operation, the answer will be false.

If you take a number, times by 3 then subtract 6. You get the same as if you took the number, times by 7 then subtract 2. What is the number? ​

Answers

Answer:

-1

Step-by-step explanation:

3x-6=7x-2

Collect the like terms

3x-7x=6-2

-4x = 4

x = -1

The perimeter of a rectangle is 16 inches. The equation that represents the length of the rectangle and a represents the width of the rectangle.which means is possible for the length of the rectangle?

Answers

Answer and Step-by-step explanation:

As we know that

[tex]Perimeter\ of\ rectangle = 2\times (length + breadth)[/tex]

Given that

The perimeter of a rectangle is  16  inches i.e length and breadth should be measured by that way in which the perimeter of rectangle comes 16 inches

We considered four way of measuring the perimeter

Length  Width  Perimeter

    1            7           16

    2            6          16

    3            5           16

    4            4           16

Simple it is as we multiply the 8 by 2 it gives 16 inches and the same is displayed above

So there are four combinations of 8 how it came.

Answer:

A

Step-by-step explanation:

Edgenuity

Carmen used a random number generator to simulate a survey of how many children live in the households in her town. There are 1,346 unique addresses in her town with numbers ranging from zero to five children. The results of 50 randomly generated households are shown below.

Answers

Answer:

The question is incomplete, here is the complete question.

Carmen used a random number generator to simulate a survey of how many children live in the households in her town. There are 1,346 unique addresses in her town with numbers ranging from zero to five children. The results of 50 randomly generated households are shown below. Children in 50 Households Number of Children Number of Households 0 5 1 11 2 13 3 10 4 9 5 2 Using a proportion, what can you infer about the number of households in her town that have more than three children?

A) About 242 households have more than three children.

B) About 269 households have more than three children.

C) About 296 households have more than three children.

D) About 565 households have more than three children.

Step-by-step explanation:

The given sample size is 50

The number of households with more than three children = 9+2

= 11

The proportion of household where more than three children are present is calculated by:

Household with a greater number of children/sample size

= 11/50

The original household size= 1,346

Therefore, the amount of household with children greater than 3 is:

= 1346×11/50

= 1346× 0.22

= 296.12

= 296

Thus, about 296 households have more than three children.

explain what probability is ​

Answers

Answer:

Probability tells you the likelihood of an event happening

Solve the system of equations.

Answers

Step-by-step explanation:

use substitution method so it will now look like

8x + 5(-4x) = 24

8x + (-20x) = 24

-12x = 24 (divide both sides by 12)

-x = 2 (multiply both sides by negative 1)

x = -2

substitute to find y

y= -4(-2)

=8

Answer:

[tex]x=-2\\y=8[/tex]

Step-by-step explanation:

[tex]8x+5y=24\\y=-4x[/tex]

We already have y in terms of, so the easiest way to do is by plugging that value in the first equation.

[tex]8x+5y=24\\8x+5(-4x)=24\\8x-20x=24\\-12x=24\\x=\frac{24}{-12} \\x=-2[/tex]

After having found the value of x, replace it in the second equation to find y.

[tex]y=-4(-2)\\y=8[/tex]

Laura has let out 60 m of her kite string, which makes an angle of 68º with the ground. What is the height of the kite?

Answers

Answer:

55.6m

Step-by-step explanation:

The set up will form a right angled triangle. The distance that Laura let out her kite string will be the hypotenuse of the triangle, the angle that the kite makes with the ground will be the angle of elevation, facing the height of the kite.

The height of the kite H, will be the opposite side of the triangle since it is facing the angle directly.  based on the trig identity SOH;

sintheta = opposite/hyp

sin68° = H/60

H = 60sin68°

H = 55.6m

The height of the kite is 55.6m

Consider the function represented by the following table.

The function is increasing
linear
quadratically
exponentially

Answers

Answer:

The answer is exponentially.

Step-by-step explanation:

Because your X goes up by one while your f(x) goes up by three for every X, which makes it exponential.

Answer:

exponentially

Step-by-step explanation:

A prism has an isosceles triangle bases with leg lengths of 5 inches 5 in and 8 inches and a height of 3 in the distance between the bases is 12 in find the surface area show your work

Answers

Answer:

240 Square Inches

Step-by-step explanation:

See the attached diagram

The Isosceles Triangle based prism consists of two triangles of equal area, to rectangles of equal area and the rectangle at the base.

Therefore:

Surface Area of the Prism =Surface Area of Two Triangular Base+Area of three Rectangles

Area of one Triangular Base=0.5 X 8 x 3 =12 Square inches

Area of Rectangle 1=5 x 12 =60 Square Inch

Area of Rectangle 2=5 x 12 =60 Square Inch

Area of Rectangle 3=8 x 12 =96 Square Inch

Therefore:

Surface Area of the Prism=2(12)+2(60)+96

=240 Square Inches

Answer:

240 in²

Step-by-step explanation:

The prism has an isosceles triangle with the following data:

- Two lengths = 5 inches

- Other length = 8 inches

- Height = 12 inches

Since the prism consist of 2 triangle bases and three rectangular faces, the surface area (SA) of the prism can be calculated as follows:

[tex] SA = SA_{b1} + SA_{b2} + SA_{f1} + SA_{f2} + SA_{f3} [/tex]

Where:

[tex]SA_{b1}[/tex] and [tex]SA_{b2}[/tex] are the surface areas of the two triangle bases.

[tex]SA_{f1}[/tex], [tex]SA_{f2}[/tex] and [tex]SA_{f3}[/tex]: are the surface areas of the three rectangular faces.  

The surface area of the triangle bases can be calculated as follows:

[tex] SA_{b1} = SA_{b2} = \frac{b*h}{2} [/tex]

Where:

b: is the base = lenght of 8 inches

h: is the height = 3 inches

[tex] SA_{b1} = SA_{b2} = \frac{8*3}{2} = 12 in^{2} [/tex]

Now, we need to find the surface area of the rectangular faces using the following data:

Rectangular face 1 = rectangular face 2:  

- One side = 12 inches

- Other side = 5 inches

Rectangular face 3:

- One side = 12 inches

- Other side = 8 inches

Hence, the SA of the rectangular face 1 and rectangular face 2 is:

[tex] SA_{f1} = SA_{f2} = 12*5 = 60 in^{2} [/tex]

And the SA of the rectangular face 3 is:

[tex] SA_{f3} = 12*8 = 96 in^{2} [/tex]

Finally, the SA of the prism is:

[tex] SA = SA_{b1} + SA_{b2} + SA_{f1} + SA_{f2} + SA_{f3} [/tex]

[tex] SA = 2*12 + 2*60 + 96 = 240 in^{2} [/tex]      

Therefore, the surface area of the prism is 240 in².

I hope it helps you!

He triangular pyramid shown is made up of four congruent triangles. The length of the base is 8 inches, and the height of the base is 6.9 inches. A triangular pyramid. Talia is finding the lateral area of the pyramid. She says that the expression 4 (one-half (8) (6.9)) represents the lateral area. Which explains whether Talia is correct and why? Talia is correct. The three faces have the same area as the base, and the area of the base is One-half (8) (6.9). Talia is correct. The lateral area can be found by approximating one large triangle, which can be found using the expression 4 (one-half (8) (6.9)). Talia is not correct. Only the base has an area of One-half (8) (6.9), and three other faces have a different area. Talia is not correct. The lateral area has three faces, so the expression should be 3 (one-half (8) (6.9)).

Answers

Answer:

Talia is not correct. The lateral area has three faces, so the expression should be 3 (one-half (8) (6.9)).

Step-by-step explanation:

A triangular prism has four triangles, three at the sides and one at the base.

A congruent shape has the same feature (side dimensions and angles), therefore all three sides of the prism, and the basal triangle have the same area (since they are congruent).

The area of the base will be One-half (8) (6.9), therefore each of the three sides too will have that same area.

Lateral area means only the areas of the sides excluding the base, therefore, the lateral area will be 3 (one-half (8) (6.9))

Answer:

Its D

Step-by-step explanation:

Can anyone please help?
(sorry for low quality...)

Answers

Answer:

see below

Step-by-step explanation:

The age is not a proportional relationship because it does not go through the point (0,0)

The hours is a proportional relationship.  It goes through the point (0,) and has a constant slope

Answer:

3. NO

4. YES

Step-by-step explanation:

A proportional relation is of the form:

y = kx

Note that the y-intercept has to be 0, and slope should be constant

First one (Height against age) is not proportional because the intercept is 30, not 0

Second one (Time against distance) is proportional because the slope is constant and the y-intercept is 0

Determine if line AB is tangent to the circle.

Answers

Answer:

Is a tangent

Step-by-step explanation:

* Great question by the way *

~ By definition, a tangent to circle is a straight line, presently perpendicular to a radius if one. In this case tangent AB should be perpendicular to the radius. If we were to call the center O, we would say AB should be perpendicular to OA. ~

1. Now let us say at the moment that AB is a tangent. If that is so, it should be that m∠A = 90 degrees ( ° ), provided AB is ⊥ to OA by definition.

2. Now the triangle ABO is a right triangle, and with that is should be that Pythagorean Theorem is applied. This can help us prove if AB is a tangent or not. If Pythagorean Theorem is not applicable it would mean ABO is not a right angle triangle, that AB is not ⊥ to OA, and thus can't be a tangent.

3. Let us say x ⇒ side OA, and that side BO = 9 + 8 + 17:

AB^2 + OA^2  =  BO^2,

15^2 + x^2 = 17^2,

x = 8

4. Now there are two radii present, OA is only one of them. As radii are ≅, OA = other radii, 8 = 8

5. This proves that Pythagorean Theorem is applicable, that ABO is a right triangle, that m∠A = 90°, and that by definition AB is a tangent

An insurance agent research suggested that first year drivers had roughly an 13% chance of being involved in an automobile accident while driving. The insurance agent provided insurance to 152 first year drivers last year. What is the probability (based on the statistics) that 24 or more of those drivers were involved in accidents?

Answers

Answer:

Probability that 24 or more of those drivers were involved in accidents is 0.15625.

Step-by-step explanation:

We are given that an insurance agent research suggested that first year drivers had roughly an 13% chance of being involved in an automobile accident while driving.

The insurance agent provided insurance to 152 first year drivers last year.

Let [tex]\hat p[/tex] = sample proportion of drivers who were involved in accidents

The z score probability distribution for sample proportion is given by;

                           Z  =  [tex]\frac{\hat p-p}{\sqrt\frac{\hat p(1-\hat p)}{n} {} }[/tex]  ~ N(0,1)

where, p = population proportion of first year drivers involved in an automobile accident while driving = 13%

           n = sample of first year drivers = 152

Now, probability that 24 or more of those drivers were involved in accidents is given by = P([tex]\hat p[/tex] [tex]\geq[/tex] [tex]\frac{24}{152}[/tex])

       P([tex]\hat p[/tex] [tex]\geq[/tex] 0.16) =  P( [tex]\frac{\hat p-p}{\sqrt\frac{\hat p(1-\hat p)}{n} {} }[/tex] [tex]\geq[/tex] [tex]\frac{0.16-0.13}{\sqrt\frac{0.16(1-0.16)}{152} {} }[/tex] ) = P(Z [tex]\geq[/tex] 1.01) = 1 - P(Z < 1.01)

                                                                      = 1 - 0.84375 = 0.15625

The above probability is calculated by looking at the value of x = 1.01 in the z table which has an area of 0.84375.

Hence, the required probability is 0.15625.

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