Suppose that you have $5,000 to invest. Which investment yields the greater return over a 10 year period: 7.74% compounded daily or 7.8% compounded quarterly? Find the total amount of the investment after 10 years if $5,000 is invested at 7.74% compounded daily. $ (Round to the nearest cent as needed.)​

Answers

Answer 1

Answer:

We should invest in 7.74% compounded daily as it yields a higher return.

The total investment after 10 years is $10,841.22.

Step-by-step explanation:

a.) at 7.74% compounded daily

[tex]final = principal(1 + \frac{i}{m} )^{m \times n} \\ = 5000(1 + \frac{0.0774}{365} )^{365 \times 10} \\ = 10 \: 841.2235[/tex]

I assumed there are 365 days in a year.

b.) at 7.8% compounded quarterly

[tex]final = principal(1 + \frac{i}{m}) ^{m \times n} \\ = 5000 (1 + \frac{.078}{4} )^{4 \times 10} \\ = 10 \: 762.2505[/tex]


Related Questions

Need Help! Solve for x

Answers

Answer:

Step-by-step explanation:

25²-16²=369

369+x²=22²

x=10.72(correct to nearest tenth)

Masha bought 24 snickers, 56 kit kats, and 96 twixes to make identical goody bags with the same number of Snickers, Kit Kats, and Twixes. What is the largest number of identical goody bags that Masha can make, if she wants to use all the candies?

Answers

Answer:

8 bags

Step-by-step explanation:

Get the prime factors of each number and find GCF

24 = 2*2*2*356 = 2*2*2*796 = 2*2*2*2*2*3

CGF(24, 56, 96) = 2*2*2 = 8

Number of bags is 8

Each bag contains:

3 Snickers, 7 Kit Kats, 12 Twixes

Answer:

8 bags

Step-by-step explanation:

help whoever ever get s it 5 stars and brainless ​

Answers

Answer:

3/4

Step-by-step explanation:

9/12 which can be simplified by dividing by 3 (the common factor) to get 3/4.

Nine is 15% of what number

Answers

Answer:

60

Step-by-step explanation:

9/15 = 0.6

0.6 x 100 = 60

Answer:

60

Step-by-step explanation:

Let x be the number

15/100 * x  =  9

multiply by 100

15x = 900              Divide by 15

x = 900/15

x =  60

HELPPPP: From the top of a light house 50 meters high, the angle of depression of a boat out at sea has a measure of 15°. Find to the nearest meter the distance from the boat to the foot of the light house, which is at sea level.

Answers

Answer:

13m

Step-by-step explanation:

[tex]d=50tan(15)=13m[/tex]

The required distance from the boat to the foot of the light house, which is at sea level is 13meter

Given that,

The top of a light house 50 meters high,

The angle of depression of a boat out at sea has a measure of 15°.

We have to determine,

To the nearest meter the distance from the boat to the foot of the light house, which is at sea level.

According to the question,

The angle of depression may be found by using this formula = opposite/adjacent.

The opposite side in this case is usually the height of the observer or height in terms of location.

Therefore, angle of depression = 15degree

Height of the light house = 50m

The distance from the boat of the light house is denoted by d.

Then the distance from the boat of the light house is given as.

[tex]tan15 = \frac{d}{50} \\\\d = 50 \times tan15\\\\d = 50\times0.26\\\\d = 13[/tex]

Hence, The required distance from the boat to the foot of the light house, which is at sea level is 13meter

For more information about Trigonometry click the link given below.

https://brainly.com/question/2773823

Which rule explains why these triangles are congruent?

Answers

Answer:

ASA prove it's congruent

as 2 angles are equal and a side between of them is same for both triangles.

Convert the decimal value 0.28 to a fraction

Answers

Answer:

Step-by-step explanation:

7/25 28%

0.24 6/25 24%

0.31818 7/22 31.818%

0.30435 7/23 30.435%

Answer:

7/25 (simplified) OR 28/100.

‎‎‎‎‎‎

– 6 x + 4 < 29 answer?

Answers

Answer:

its 847>×+18 enjoy hope it work

Caitlin purchased a prepaid phone card for $20. Long distance calls cost 7 cents a minute using this card. Catin used her card only once to make a long
distance all the remaining credit on her card is $168. how many minutes did her call last?

Answers

Correct question is;

Caitlin purchased a prepaid phone card for $20. Long distance calls cost 7 cents a minute using this card. Catin used her card only once to make a long distance all the remaining credit on her card is $16.8. how many minutes did her call last?

Answer:

45 minutes 43 seconds

Step-by-step explanation:

We are told that she purchase the prepaid phone card for $20.

Now she has $16.8 after making the call.

Therefore;

Amount spent on the call = 20 - 16.8 = $3.2

We are told that the long distance call costs 7 cents per minute. Which is $0.07 per minutes

Thus, time spent = $3.2/$0.07 = 45.714 minutes or 45 minutes 43 seconds

Pls help me with my homework

Answers

Answer:

Yes

Step-by-step explanation:

It is a right triangle. If a(57) squared plus b(76) squared equals c(95) squared, it is a right triangle

I dont know which one!! Please help!! ​

Answers

Answer:

B C

Step-by-step explanation:

it's b and c

divide 24x^2y^2z^2 by 6yz​ pls give step by step explanation

Answers

Answer:

[tex]\boxed{4x^2yz}[/tex]

Step-by-step explanation:

[tex]24x^2y^2z^2 \: by \: 6yz = \frac{24x^2y^2z^2 }{6yz} = \\ \frac{(24)x^2y^2z^2}{(6)yz} = \frac{24}{6} \times \frac{yz}{yz} \times \frac{x^2yz}{1} = \\ \frac{4}{1} \times \frac{1}{1} \times \frac{x^2yz}{1} = \boxed{4x^2yz}[/tex]

How can you use expressions to find the percent of a number?

Answers

Answer:

See below

Step-by-step explanation:

x% of y is found as:

1% of y ⇒ y*1/100 = 0.01yx% of y ⇒ x*0.01y = 0.01xy

So the answer is:

0.01xy

4n-16=6 I need to solve this

Answers

the answer is= n= 11/2 and in decimal it’s n=5.5
Explanation:
You first move the constant to the right
4n=16+6 you then calculate which will be 4n=22 and then you divide both sides

A rectangular room is 3 meters longer than it is wide, and its perimeter is 26 meters. Find the dimension of the room. The length is : meters and the width is meters.

Answers

Perimeter is the sum of all 4 walls.

Divide the perimeter in half for the total of the width  + the length:

26/2 = 13 meters

Subtract the difference in length:

13 - 3 = 10

Divide by 2 walls:

10/2 = 5

The width is 5 metes.

The length is the 5 metes + the 3 meter difference = 5 +3 = 8 meters.

The length is 8 meters and the width is 5 meters.

1 + 3/4 =? trying to figure this out!

Answers

Answer:

1.75 as a decimal or 1 3/4 as a mixed number

What is pi/4 a reference angle for

Answers

is it multiple choice

write the equation of the line with the givin slope and y-intercept form GET 10 POINTS

Answers

Answer:

The answer is

[tex]y = \frac{1}{3} x - 1[/tex]

Step-by-step explanation:

Let The equation is

[tex]y = mx + c[/tex]

Since the straight line intersects with Y axis at - 1

Then x equal to zero

Since m=1/3

Then

[tex]y = \frac{1}{3} x + c \\ when \: y = - \: \: and \: x = 0 \\ then \: c = - 1 \\ y = \frac{1}{3} x - 1[/tex]

What is the value of g?

Answers

Answer:

31

Step-by-step explanation:

Answer:

g = 31

Step-by-step explanation:

The entire angle is 90 degrees. Subtract 90 - 59 to find the value of g. You get 31.

Hope it helps!

PLEASE PLEASE HELP
Solve. Be sure to write your solution as a solution set using braces {}.

(y + 4)(3y - 5) = 0

Answers

Answer:

Step-by-step explanation:

Let's solve your equation step-by-step.

(y+4)(3y−5)=0

Step 1: Simplify both sides of the equation.

3y2+7y−20=0

Step 2: Factor left side of equation.

(3y−5)(y+4)=0

Step 3: Set factors equal to 0.

3y−5=0 or y+4=0

y=5 /3

or y=−4

A store manager wants to determine how much to pay her employees. The number of hours the employees work is x, and the hourly wage that they are paid is y. The store manager is willing to pay the employees a wage given by the equation 10y-30x=20 . The business owner states that the employees should be paid a wage given by the equation 6y+30x=60. If the two equations were added then simplified to determine hourly wage, y, how much would the employees be paid?

Answers

Answer:

The employees will work for 1 hour, will earn $5 per hour and will be paid $5

Step-by-step explanation:

System of Equations

The number of hours the employees work is x.

And the hourly wage that they are paid is y. The store manager is willing to pay the employees a wage given by the equation

10y-30x=20

The business owner states that the employees should be paid a wage given by the equation

6y+30x=60

Adding both equations we have:

16y = 80

Dividing by 16:

y = 80/16 = 5

Substituting into the first equation:

10*5-30x=20

Operating and simplifying:

50-30x=20

50 - 20 = 30x

30x = 30

x = 30/30 = 1

Thus, the employees will work for 1 hour, will earn $5 per hour and will be paid $5

Find the percent change from the first value to the second.

30; 39

Answers

Answer:

Change in percent = 30%

Step-by-step explanation:

Given:

First value = 30

Second value = 39

Find:

Change in percent

Computation:

Change in percent = [(Second value - First value) / First value]100

Change in percent = [(39 - 30) / 30]100

Change in percent = [(9) / 30]100

Change in percent = 30%

200, 100,
50, 25,
b. What is the fifth term?

Answers

Answer:

12.5

Step-by-step explanation:

Keep dividing by 2, 25 divided by 2 is 12.5

I believe the answer is 12.5

3+2x = 41

Need help
Show work

Answers

Answer:

x=16

Step-by-step explanation:

when solving for a variable, get the variables to one side of the equation and the numbers to the other side.

3+2x=41

*minus 3 from both sides of the equation to get rid of the number on the side of variables of the equation*

2x=38

to get one variable alone, divide the whole equation by 2

x=16

Ok so I did it on my paper and that is wrong but I’m not sure

ysis Q3
Follow these steps to prove the given quadrilateral is a parallelogram.
1. Determine the slope of AB: 413
2. Determine the slope of DC: 413
3. Determine the length of AB:
B
С
2
A
-2
D
Check

Answers

Answer:

1.   Determine the slope of line AB:  4/3

2.  Determine the slope of line DC:  4/3

3.  Determine the length of line AB:  5

4.  Determine the length of line DC:  5

Linear equations: 5 +2(2x-3)+8x = -5x +2. and . 5 -2(2x-3)+8x = -5x +2

Plz show your work.

Answers

Answer:

hello,I'll edit the process and say step by step.

result= 28x-30= -70x²+73x-18 = -5x+2

Sorry, it was a little long process. I could not explain them all. I said the result directly.And I am Turkish, sorry if there is a problem with my pronunciation.But remember, you will do it according to the distribution in the parenthesis.

A 3-gallon bottle of fabric softener costs $33.24. What is the price per quart?

Answers

Answer:

$2.77 per quart.

Step-by-step explanation:

There are four quarts in a gallon.

4 * 3 = 12

There are 12 quarts in 3 gallons.

[tex]\frac{price}{quart} =\frac{33.24}{12}=\frac{33.14/12}{12/12}=\frac{2.77}{1}=\boxed{2.77}[/tex]

The price per quart should be $2.77.

Hope this helps.  

Find an equation of the line that contains the point (4,-3) and is perpendicular to the line 2x-3y=4

HELPPPPPPPPPP PLISSSSSSSS

Answers

Answer:

Step-by-step explanation:

-3y = -2x + 4

3y = 2x - 4

y = 2/3x - 4/3

perp; -3/2

y + 3 = -3/2(x - 4)

y + 3 = -3/2x + 6

y = -3/2x + 3

HELP PLEASE I NEED ANSWER ASAP!

Answers

Answer:

86+18[tex]\sqrt{2}[/tex]

Step-by-step explanation:

Use the properties of 45-45-90 triangles to get a side length of 18 for the 2 legs of the isosceles triangle. Then add 43+18, which is the shorter length of the rectangle, +25, which is the longer edge, +18[tex]\sqrt{2}[/tex]. The answer is now 86+18[tex]\sqrt{2}[/tex].

Answer:

111.4556

Step-by-step explanation:

Perimeter = 18 + 25 + 18√2 + 43

Perimeter = 86 + 18√2

Perimeter = 86 + 18(1.4142)

Perimeter = 86 + 25.4556

Perimeter = 111.4556

HELP ASAP!! (MATH) I WILL MARK BRAINLIST, PLZ HELP!! PLZZ HELP!

Answers

If I am correct it is option C) 90/360

Answer: 3/300

Step-by-step explanation:

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