Susie wants to deposit $6000 into a savings account and plans to leave her money in the account for 10 years. The bank offers two types of savings accounts

• Account 1: offers 4.5% simple interest.
• Account 2: offers 4% interest compounded annually.

Which statement about the savings accounts is true?

A. Susie should invest her money in Account 1 because the account will earn $300.00 more in interest than Account 2 after 10 years.
B. Susie should invest her money in Account 1 because the account will earn $436.35 more in interest than Account 2 after 10 years.
C. Susie should invest her money in Account 2 because the account will earn $617.82 more in interest than Account 1 after 10 years.
D. Susie should invest her money in Account 2 because the account will earn $181.47 more interest than Account 1 after 10 years.

Answers

Answer 1

Answer:

Option D

Step-by-step explanation:

step 1

Account 1

The simple interest formula is equal to

[tex]A=P(1+rt)[/tex]

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

[tex]t=10\ years\\ P=\$6,000\\r=4.5\%=4.5/100=0.045[/tex]

substitute in the formula above

[tex]A=6,000(1+0.045*10)[/tex]

[tex]A=6,000(1.45)[/tex]

[tex]A=\$8,700[/tex]

step 2

Account 2

The compound interest formula is equal to  

[tex]A=P(1+\frac{r}{n})^{nt}[/tex]  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

[tex]t=10\ years\\ P=\$6,000\\ r=4\%=4/100=0.04\\n=1[/tex]  

substitute in the formula above

[tex]A=6,000(1+\frac{0.04}{1})^{1*10}[/tex]  

[tex]A=6,000(1.04)^{10}[/tex]  

[tex]A=\$8,881.47[/tex]  

step 3

Find the difference

[tex]\$8,881.47-\$8,700=\$181.47[/tex]

therefore

Susie should invest her money in Account 2 because the account will earn $181.47 more interest than Account 1 after 10 years


Related Questions

In a class, 8/9 of the students have blue eyes.
If 32 students have blue eyes, how many students are in the class in total?

Answers

32/8=4
4x9=36
36 students total

Jeff has ten packages that he wants to mail. Nun identical packages weigh 2 7/8 pounds each. A tenth package weighs two times as much of one the nine packages. How many ponds do all packages weigh?

Answers

Answer:31.625

2 7/8 8 times 9 =25.875 +(2.875 times 2) =31.625


Factor the expression. 36y2 – 84y – 147


(2y + 7)(6y – 7)

3(2y + 7)(6y + 7)

3(2y – 7)(6y + 7)

(2y – 7)(18y + 21)

Answers

Answer:

1) 3 (6y+7) (2y−7)

2) 12y2+28y−49

3) 36y2+168y+147

4) 36y2−84y−147

5) 3(6y+7)(2y−7)

if a car is 200 inches long, and the truck is 75% longer, how long is the truck

Answers

Your answer will be 350 inches long

If side A is twice as long as B and C is 25 using the Pythagorean Theorem,What are the lengths of side A and B? Round to the nearest tenth if necessary

Answers

Answer:

The lengths of side A is 22.4 and B is 11.9.

Step-by-step explanation:

Given:

If side A is twice as long as B and C is 25 using the Pythagorean Theorem.

Now, to find the lengths of side A and B.

Let the side B be [tex]x.[/tex]

So, the side A be [tex]2x.[/tex]

Side C = 25.

Now, to solve by using Pythagorean Theorem:

A² + B² = C²

[tex](2x)^2+(x)^2=(25)^2[/tex]

[tex]4x^2+x^2=625[/tex]

[tex]5x^2=625[/tex]

Dividing both sides by 5 we get:

[tex]x^2=125[/tex]

Using square root on both sides we get:

[tex]x=11.18.[/tex]

B rounding to the nearest tenth =  11.9.

Now, to get A by substituting the value of [tex]x[/tex]:

[tex]2x\\=2\times 11.18\\=22.36.[/tex]

A rounding to the nearest tenth =  22.4.

Therefore, the lengths of side A is 22.4 and B is 11.9.

which has gradient -1/2 and cuts the y-axis at 4​

Answers

Answer:

y = - [tex]\frac{1}{2}[/tex] x + 4

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

Here m = - [tex]\frac{1}{2}[/tex] and c = 4, thus

y = - [tex]\frac{1}{2}[/tex] x + 4 ← equation of line

Oh the other side of the balance is 4 oz and another 4 oz and on the other side is 8 oz. <— To help you find out the answer. Please I’d like some help?

Answers

Answer:
11

Explanation:
4+7 = 11
And we are trying to make it 0.
So we need to add 11 more on the other side to make it even.

9. Martika says factors and multiples are

related. Use the equation 6 X 7 = 42

to describe the relationship between

factors and multiples.

BBOUD SOTTO

Answers

Answer:

So the factors and multiples of 42 are 1, 2, 3, 6, 7, 14, 21, 42

Step-by-step explanation:

Factors are what you can multiply to get a number and a multiples are what you get after multiplication. We can determine the factors of 42. The multiples of 42 are:

[tex]1 x 42= 42[/tex]

[tex]2 x 21= 42[/tex]

[tex]3x 14 = 42[/tex]

[tex]6 x 7 = 42[/tex]

So the factors of 42 are 1, 2, 3, 6, 7, 14, 21, 42

The multiples of 42 are 1,2,3,4,5,6 etc

So common multiples and factors are 1, 2, 3, 6, 7, 14, 21, 42

Final answer:

In the equation 6 X 7 = 42, 6 and 7 are factors and 42 is the multiple. Factors are numbers that can be exactly multiplied to get another number, while a multiple is a number that can be divided evenly by another number. Hence, the relationship between factors and multiples is inherently interconnected.

Explanation:

In the equation 6 X 7 = 42, 6 and 7 are the factors, and 42 is the multiple. Factors are numbers you can exactly multiply together to get a another number, in this case 6 and 7 are factors of 42 because when multiplied together, they equal 42. On the other hand, a multiple is a number that can be divided by another number without leaving a remainder, so 42 can be evenly divided by 6 or 7, making it a multiple of those numbers. The relationship between factors and multiples can be seen as two sides of the same coin - factors are what you multiply together to get a multiple.

Learn more about Factors and Multiples here:

https://brainly.com/question/14410356

#SPJ3

A circle has a diameter of 7.6feet. Which measurement is the closest to the circumference of the circle in feet.​

Answers

Answer:

23.9

Step-by-step explanation:

A circle has a diameter of 7.6 feet. Which measurement is closest to the circumference of the circle in feet?

TRUST ME

What would be 49.38 rounded to tenthes

Answers

Answer:

49.4

Step-by-step explanation:

Round up, since the 8 [tex]\geq[/tex] 5

Select the correct answer.
The temperature on Saturday was 2°C. On Sunday, it became 4°C colder. What was the temperature on Sunday?
7O

Answers

Answer:

6C

Step-by-step explanation:

Final answer:

By subtracting the 4°C decrease from the initial temperature of 2°C, it is determined that the temperature on Sunday was -2°C.

Explanation:

The question involves a basic mathematics operation related to temperature changes. The temperature on Saturday was 2°C, and on Sunday, it became 4°C colder. To find the temperature on Sunday, you simply need to subtract 4°C from Saturday's temperature:

Saturday's temperature: 2°C

Temperature decrease: 4°C

Sunday's temperature: 2°C - 4°C = -2°C

Thus, the temperature on Sunday was -2°C.

3(-3a-1) what is the answer if you answer it correct you get 10 points​

Answers

Answer: the best answer is 3(-3a-1)

Step-by-step explanation:

(4,0) reflected across x axis and y axis

Answers

Answer:

The x axis is horizontal (sideways) while the y axis is vertical (up and down)

Step-by-step explanation:

A turboprop plane flying with the wind flew 400 mi in 4 h. Flying against the wind, the plane required 5 h to travel the same distance. Find the rate of the plane in calm air and the rate of the wind.

Answers

Answer:

Rate of the plane in calm air is  90 miles/hr and rate of the wind of wind is 10 miles/hr

Step-by-step explanation:

Average speed of plane in with wind = 400 /4 = 100 miles/hr

Average speed of plane against wind = 400/5 = 80 miles/hr

Consider the speed of plane in wind be  x miles/hr and speed of plane against wind  be  y  miles/hr

As such speed of plane in wind would be  x + y miles/hr and speed of plane  against wind would be  x - y miles/hr . i.e

x+y = 100

x-y = 80

by solving these two equation, we get

2x=180

x= 90 miles/hr

y=100-90

y= 10 miles/hr

hence, Rate of the plane in calm air is  90 miles/hr and rate of the wind of wind is 10 miles/hr

Is a 24 square centimeter rectangle larger than a 24 square inch rectangle?

Answers

Answer:

No, a 24 square centimeter rectangle is smaller than a 24 square inch rectangle

Step-by-step explanation:

we know that

[tex]1\ in=2.54\ cm[/tex]

so

Convert in^2 to cm^2

[tex]24\ in^2=24(2.54)^2=154.8\ cm^2[/tex]

so

[tex]24\ cm^2 < 154.8\ cm^2[/tex]

therefore

[tex]24\ cm^2 < 24\ in^2[/tex]

A 24 square inch rectangle is larger than a 24 square centimeter rectangle due to unit conversion.

No, a 24 square inch rectangle is larger than a 24 square centimeter rectangle.

To compare rectangles of different units, we need to convert the units to the same measurement. Since 1 inch is equal to 2.54 centimeters, a square inch is larger than a square centimeter.

Therefore, a 24 square inch rectangle has a greater area than a 24 square centimeter rectangle.

Tickets to the garden show cost $6.75 for adults and $3.75 for children. By rounding to the nearest whole dollar, find an estimate of the cost for a family with 2 adults and 3 children to visit the garden show. A. $21 B. $23 C. $24 D. $26

Answers

Answer:

$26

Step-by-step explanation:

$6.75 - $7

$3.75 - $4

2 adults = 7x2= $14

3 children = 4x3= $12

$14 + $12 = $26

The answer is D. $26.

A bag holds 11 beads. 7 are red, the rest are white. Two beads are taken at random from the bag. What is the probability that one bead of each colour is taken? You must show your working

Answers

Final answer:

To determine the probability of drawing one red bead and one white bead from a bag, calculate the probability of each sequence (red then white, white then red) occurring and add them together. The result is that the probability that one bead of each color is taken is 4/11.

Explanation:

To find the probability that one red bead and one white bead are taken from a bag containing 7 red beads and 4 white beads (11 beads in total), we follow these steps:

Calculate the probability of drawing one red bead first and then one white bead.

Calculate the probability of drawing one white bead first and then one red bead.

Add the probabilities from step 1 and 2 together to find the total probability of drawing one bead of each color.

The probability of drawing one red bead first is 7/11 since there are 7 red beads out of 11 total beads.

After drawing a red bead, there are now 10 beads left in the bag, with 4 being white. So, the probability of drawing one white bead next is 4/10.

Multiplying these two probabilities gives us the probability of this particular sequence occurring: (7/11) * (4/10) = 28/110, which reduces to 2/11 when simplified.

We do a similar calculation for the reverse sequence, where a white bead is drawn first followed by a red bead. The probability for the first white bead is 4/11, and for the red bead after that, it's 7/10 since one white bead is already taken.

Multiplying these probabilities gives us: (4/11) * (7/10) = 28/110, which also simplifies to 2/11.

Finally, to find the total probability we add the probabilities of both sequences together: 2/11 + 2/11 = 4/11.

So, the probability that one bead of each color is taken is 4/11.

Anna departs from the city A with coordinates (1, 1) towards city B with coordinates (9, 11). At the same time, Mary departs from city B towards city A. Find the coordinates of point C, where Anna and Mary meet, if the ratio of Anna to Mary's rates is 3:5 respsectivley

Answers

Answer:

  C = (4, 4.75)

Step-by-step explanation:

Point C will divide segment AB into the ratio 3:5, matching the respective rates of travel. Then the location of point C can be found from ...

  C = (5A +3B)/(3+5)

  C = (5(1, 1) +3(9, 11))/8 = (5 +27, 5 +33)/8 = (4, 4.75)

The point where Anna and Mary meet is (4, 4.75).

Answer:

4, 4.75

Step-by-step explanation:

Solve the following system of equations graphically.



x = -5

y = -6



What is the solution set?
Ø
{(-5, -6)}
{(-6, -5)}

Answers

Answer: The right answer is [{-5,-6]}

Explanation: I got it right on my test

Answer:

[{-5,-6]}

Step-by-step explanation:

A math teacher graded 45 problems in 3/5 of an hour. At that rate, how many problems can she grade in one hour

Answers

Answer:

75

Step-by-step explanation:

45*1/3=15

15*5=75

Answer: 75 problems

Step-by-step explanation:

3/5 of an hour is the same as 3/5 x one hour.

one hour is the same as 60 minutes , this means that 3/5 of an hour is the same as :

3/5 x 60 = 36 minutes

This means that , the teacher graded 45 problems in 36 minutes. then in 1 minutes ;

The teacher will grade 45/36 problems

so in 60 minutes ;

the teacher will grade 45/36 x 60 = 75 problems

find the greatest common factor of 3y^2 -4y

Answers

Answer:

y.

Step-by-step explanation:

y  is common to both terms so the GCF is y.

Factoring we get:

y(3y - 4).

Answer:

Step-by-step explanation:

3y^2 = 3 * y *y

4 y = 4 * y

GCF = y

3y^2 -4y = y*(3y - 4)

Which best describes the range of the function f(x) = 2(one-fourth) Superscript x after it has been reflected over the y-axis?

all real numbers
all real numbers less than 0
all real numbers greater than 0
all real numbers less than or equal to 0

Answers

"All real numbers greater than 0" best describes the range of the function after it has been reflected over the y-axis ⇒ 3rd answer

Step-by-step explanation:

The form of the exponential function is [tex]f(x)=a(b)^{x}[/tex], where

a is the initial value (value f(x) at x = 0)b is the growth/decay factorThe domain of the function is {x : x ∈ R} (all real numbers)The range of the function is {y : y > 0} (all positive real numbers)

∵ [tex]f(x)=2(\frac{1}{4})^{x}[/tex]

- Compare it with the form above

∴ a = 2 ⇒ initial value

∴ b = [tex]\frac{1}{4}[/tex] ⇒ decay factor because its between 0 and 1

∵ The domain of the function is the values of x

∴ The domain of the function is {x : x ∈ R} ⇒ all real numbers

∵ The range of the function is values of y

∴ The range of the function is {y : y > 0}

∵ Reflection over the y-axis change the sign of x

∴ The image of f(x) is [tex]y=2(\frac{1}{4})^{-x}[/tex]

- That means, all x-coordinates of the points on the graph

   opposite in signs, but that does not effect the domain

   because the domain is all real numbers

∵ There is no change of the sign of y

- That means reflection over y-axis does not effect the range

∴ The range of the function after reflection is the same as the

    range of f(x)

∴ The range of the image of f(x) is {y : y > 0}

"All real numbers greater than 0" best describes the range of the function after it has been reflected over the y-axis

Learn more:

You can learn more about the reflection in brainly.com/question/4057490

#LearnwithBrainly

Answer:

C

Step-by-step explanation:

edge 2020

Where would you put 2 1/8th on a number line?

Answers

Answer:

See diagram and explanation

Step-by-step explanation:

A number on the right is greater than a number on the left on the number line.

Mark numbers 2 and 3 on number line (number 3 is to the right from number 2, because 3 > 2).

Divide the unit segment  between numbers 2 and 3 into 8 equal parts (this segment is the unit segment because the distance between 3 and 2 is 1).

Each such part represents [tex]\frac{1}{8}[/tex] of the segment.

Mark the number [tex]2\dfrac{1}{8}[/tex] next to the right from 2 (you have to take 2 and 1/8).

28v^3+16v^2-21v-12 factor by group please

Answers

The factor of [tex]28v^3+16v^2-21v-12[/tex] = [tex](7v+4)(2v+\sqrt{3})(2v+\sqrt{3})[/tex] or [tex](7v+4)(4v^2-3)[/tex]

Step-by-step explanation:

The given equation:

[tex]28v^3+16v^2-21v-12[/tex]

To find, the factors of [tex]28v^3+16v^2-21v-12[/tex] = ?

∴ [tex]28v^3+16v^2-21v-12[/tex]

[tex]=(4\times 7)v^3+(4\times 4)v^2-(3\times 7)v-(3\times 4)[/tex]

= [tex]4v^2(7v+4)-3(7v+4)[/tex]

= [tex](7v+4)(4v^2-3)[/tex]

= [tex](7v+4)[(2v)^2-\sqrt{3}^2][/tex]

Using the algebraic identity,

[tex]a^{2}-b^{2}=(a+b)(a-b)[/tex]

= [tex](7v+4)(2v+\sqrt{3})(2v+\sqrt{3})[/tex]

∴ The factor of [tex]28v^3+16v^2-21v-12[/tex] = [tex](7v+4)(2v+\sqrt{3})(2v+\sqrt{3})[/tex] or [tex](7v+4)(4v^2-3)[/tex]

X3-8y3+27+18xy factorise

Answers

Answer:

this expression is not factorable

Step-by-step explanation:


Which expression is equivalent to -2(3a + 6b) + (4a - 2b)?
A) -2(a + 7b)
B) -2(a - 7b)
C) 2(a + 7b)
D) 2(a - 7b)

Answers

Answer:

Option A) -2(a+7b) is correct

Therefore -2(3a+6b)+(4a-2b)=-2(a+7b)

The equivalent expression to the given expression is -2(a+7b)

Step-by-step explanation:

Given expression is -2(3a+6b)+(4a-2b)

To find the equivalent expression to the given expression :

-2(3a+6b)+(4a-2b)

=-2(3a)-2(6b)+4a-2b ( apply the distributive property a(x+y)=ax+ay )

=-6a-12b+4a-2b

=-2a-14b ( adding the like terms )

=-2(a+7b) ( taking common term -2 outside  )

Therefore -2(3a+6b)+(4a-2b)=-2(a+7b)

The equivalent expression to the given expression is -2(a+7b)

Therefore option A) -2(a+7b) is correct

so the right option is A.

HOPE THIS WILL HELP U.

IF MY ANS WAS HELPFUL, U CAN FOLLOW ME.

the equivalent fraction of 2/4​

Answers

Answer:

1/2

Step-by-step explanation:

u could simplify it to 1/2 pls give brainliest answer

Answer: 1/2 and if you mean multiplying 4/8 because 2 ÷ 2 = 1 and 4 ÷ 2 = 2, and if you mean multiplying 2 • 2 = 4 and 4 • 2 = 8 so those are two answers.

I NEED THE ANSWER ASAP PLEASE

Answers

72.5+5.6= 78.1
78.1 degrees

the altimeter in a plane

Answers


Conventional aircraft altimeters work by measuring the atmospheric pressure at the airplane's flight altitude and comparing it to a preset pressure value. ... The appearance of altimeters varies, but a common one is known as a three-point altimeter.

The ingredients for making chocolate cookies are 3/4 cup of brown sugar, 1/4 cup of white sugar, 3/2 cup of butter, 11/8 cup of flour, and 5/2 cup of chocolate chips. What is the total number of cups of ingredients needed in making chocolate cookies?

Answers

Answer:

[tex]\frac{51}{8}[/tex] cups.

Step-by-step explanation:

It is given that the ingredients for making chocolate cookies are [tex]\frac{3}{4}[/tex] cup of brown sugar, [tex]\frac{1}{4}[/tex] cup of white sugar, [tex]\frac{3}{2}[/tex] cup of butter, [tex]\frac{11}{8}[/tex] cup of flour, and [tex]\frac{5}{2}[/tex] cup of chocolate chips.

Now, we have to calculate the total number of cups of ingredients needed in making chocolate cookies.

So, it will be given by

[tex](\frac{3}{4} + \frac{1}{4} + \frac{3}{2} + \frac{11}{8} + \frac{5}{2})[/tex] cups

= [tex]\frac{3 \times 2 + 1 \times 2 + 3 \times 4 + 11 + 5 \times 4}{8}[/tex] cups

= [tex]\frac{51}{8}[/tex] cups. (Answer)

Other Questions
Pre-image point N(6,-3) was dilated to point N'(2, -1). What was the scale factor used? Select the correct statement to describe when a sample of water vapor condenses into liquid water. Two 1.0 g balls are connected by a 2.0-cm-long insulating rod of negligible mass. One ball has a charge of +10 nC, the other a 4 charge of - 10 nC. The rod is held in a 1.0 * 10 N/C uniform electric field at an angle of 30 with respect to the field, then released. What is its initial angular acceleration? Amanda lost a large quantity of blood during childbirth. In an attempt to replenish her body fluids, distilled water equal to the volume of blood lost is added to the blood directly via one of her veins. What will be the outcome? Which of these two types of definitions of crime, normative or labeling, best explains why prostitution is legal in some rural counties in Nevada (e.g., Nye County) but illegal in Clark County and other counties in the state Write a well-commented Java program that answers the following questions in complete sentences such that the reader does not have to know the question in advance. Use either System.out methods or JOptionPane for your program output: Terry shared an apartment with three other people. Each person paid an equal share of the rent. Together they paid $1495.00 per month. How much did Terry pay per month? Please assist me with this problem 1. What type of manufacturing is most common in subsistence economies?A cottage industriesB service industriesc factory productionD commercial industries This is a tissue that makes up most of the fleshy part of a plant.The fleshy part of the plant is shown.Which does this tissue work with to carry out transpiration?vascular and parenchyma tissuedermal and vascular tissueground and dermal tissueparenchyma and ground tissue At association meetings, Remo always makes a point of informing others that he received his law degree from Harvard, giving him a distinctive edge. Remo's belief that his degree and affiliation with Harvard makes him superior to others is an example of _____. prejudice ethnocentrism discrimination stereotyping If a taxpayer takes a trip within the United States which is primarily for business, the cost of travel to and from the destination need not be prorated between the business and personal portion of the trip.True / False. Dieffenbachia plants usually grow well without fertilizer. A student wanted to see if adding liquid fertilizer would make a difference in the growth of the plant. Three plants were placed in the same type of pot with the same type of soil. Two plants received fertilizer and one plant did not. All plants received the same amount of light and water during the experiment.She watched the plants grow over a period of 30 days, only adding the same amount of water to each plant on a weekly basis. Who were the Judenrat?A. the underground Jewish armed resistance responsible for eventual uprisings in the ghettosB. prominent Polish non-Jews appointed to implement Nazi orders in the ghettosC. prominent Jews responsible for governance of the ghetto and implementation of Nazi ordersD. the Schutzstaffel responsible for governance of the ghettos Lly wants to maximize her benefit of consuming apples and bananas, given her fixed budget of $10 for these two fruits. The price of an apple is $1, and the price of a banana is $0.50. In order to derive Lily's demand curve for bananas, we need to- O A. draw a downward sloping line with slope of -2 O B. sove the buyer's problem for her multiple times and ind the optimal number of bananas, when price of a bananasia a a ifferent lovel ach time O C. solve the buyer's problem for her once, and find the optimal number of bananas, when price of a bananas is $0.50 O D. draw a downward sloping line with slope of -1 rial Economics: Applications, Strategy, and Tactics PDF Free I need help on this please que quiere decir que las frases nominales tengan ms o menos un significado fijo Tom practiced piano 1 and 1/3 hours on Monday. If he spent half as much time practicing on Tuesday, how long did he practice on Tuesday? Please show/tell me how you got the answer!! You are at a birthday party and the cake is brought in the birthday candles on the cake are in a growing pattern: red, yellow; red, yellow, blue; red, yellow, blue, green; the pattern continues adding pink orange purple and white candles how many total candles are on the cake if the last candle is white? A seemingly arbitrary flash "out of the blue," through which the solution to a problem suddenly becomes apparent to you, but you do not consciously know how you "figured it out," is called ______________. a. priming b. brainstorming c. mental set d. insight