Jameson and Quincy each deposit $7,000 into accounts that earn 6% interest, but Jameson earns annual simple interest while Quincy earns annual compound interest. Assuming neither one of them makes any deposits or withdrawals for 5 years, which of the following is a true statement?
Jameson will have about $9,367.58 less in his account than Quincy.


Jameson will have about $267.58 less in his account than Quincy.


Jameson will have about $2,367.58 more in his account than Quincy.


Jameson will have about $2,100 more in his account than Quincy.

Answers

Answer 1

Answer:

$267.58

Step-by-step explanation:

Jameson: simple interest

6% =.06    .06 x 5 = .3   .3 x 7000 = 2,100 = interest

6% =.06    .06 x 5 = .3   .3 x 7000 = 2100   2100 + 7000 = 9,100 = total

Quincy: compound interest

6% =.06    .06 x 5 x 1 = .3 x 7000 = 2100

6% =.06    .06 x 5 x 1 = .3 x 7000 = 2100 + 7000 = 9100

.06 x 5 x 1 x 9100 = 2730 + 9100=11830

repeat five times  u would get a interest of 2,367.58

and a total of 9,367.58

the total amounts   9,367.58 - 9,100 = 267.58

the interests 2,367.58 - 2,100. = 267.58


Related Questions

[tex]\sqrt[3]{11}[/tex]

Answers

Answer:

2.22

Step-by-step explanation:

[tex]\sqrt[3]{11} =2.223980091[/tex]

Rounded to hundredths: 2.22

find the measure for each angle indicated

Answers

Step-by-step explanation:

7. 180 -92 -67 =21. 180-21 = 159

8.180-144 = 36 + 94 = 130 180-130 = 50

Answer:

Step-by-step explanation:

TWO RULES:

⊳ Angles in a triangle add up to 180

⊳ Angles on a straight line also add up to 180

=================================================================

QUESTION 1

92 + 67 + x = 180

x + 159 = 180

x = 21

180 - 21 = 159

? = 159

=================================================================

QUESTION 2

144 + x = 180

x = 36

94 + 36 + ? =180

130 + ? =180

? = 50

=================================================================

!     HOPE I HELPED     !

Which expression is equivalent to

Answers

Answer:

the answer is B 1/x^2

Step-by-step explanation:

Answer:

B) 1/x²

Step-by-step explanation:

What os 3.6% of 82 and explain plz

Answers

2.952

Step-by-step explanation:

First you must convert 3.6% into a decimal which is 0.036 (or move the decimal over twice).

Then multiply 82 by the given decimal

82 x 0.036= 2.952

(round if necessary)

Can Somebody answer this real fast?

Answers

Answer:

The answer is 6

Step-by-step explanation:

...........

The height of 44 students (in centimeter) are presented in the frequency distribution below. Complete the table, and then find the median.

Height
182 - 188
175 - 181
168 - 174
161 - 167
154 - 160
147 - 153
140 - 146

Frequency
1
3
6
15
12
4
3

L







Answers

Given:

The height of 44 students (in centimeter) are presented in the given frequency distribution.

To find:

The median of the given data.

Solution:

The given intervals are inclusive first make the intervals exclusive by adding 0.5 in upper limit and by subtracting 0.5 from the lower limit.

The complete frequency distribution table is shown below:

Height              Frequency           L                            <cf

182 - 188                  1                  181.5 - 188.5            44

175 - 181                   3                 174.5 - 181.5             43

168 - 174                  6                 167.5 - 174.5            40

161 - 167                 15               160.5 - 167.5            34   Median class

154 - 160                 12                153.5 - 160.5           19

147 - 153                   4                146.5 - 153.5             7

140 - 146                   3                139.5 - 146.5             3

We have, [tex]n=44[/tex].

[tex]\dfrac{n}{2}=\dfrac{44}{2}[/tex]

[tex]\dfrac{n}{2}=22[/tex]

The 22th term is include in the class 160.5 - 167.5 because is cf is greater than 22 but the cf of o preceding class is less than 22. So, it is the median class is 160.5 - 167.5.

Formula for median:

[tex]Median=l+\dfrac{\dfrac{n}{2}-cf}{f}\times h[/tex]

Where, l is the lower limit of median class, cf is the cumulative frequency of preceding class, f is the frequency of median class and h is the size of the class.

Now, [tex]l=160.5,f=15,cf=19,h=7[/tex].

[tex]Median=160.5+\dfrac{22-19}{15}\times 7[/tex]

[tex]Median=160.5+\dfrac{3}{15}\times 7[/tex]

[tex]Median=160.5+1.4[/tex]

[tex]Median=161.9[/tex]

Therefore, the median of the given data table is 161.9.

s s s s s s s s s s s s s s s s s s s ss s s s s s s s s s ss s s s s s s s s s s s s ss s s please help‼️‼️

Answers

Answer: Point W is the answer.

Step-by-step explanation:

Answer:

the answer is w

Step-by-step explanation:

x is 2

y is -5.5

An equation is shown. n+ 5 = 23 What is the value for n that makes the equation true?

no links​

Answers

Well, it’s pretty obvious as the it‘s basically 23-5

A box contains 1,200 marbles. One-fifth are blue, two-thirds are red, and the rest are white. How many of the marbles are white?

Answers

Answer:

7/15

Step-by-step explanation:

2/3. 1/5 3x5 =15 then add 2+5=7 which gets u 7/15

Is 8.92 less than 9.089?​

Answers

No. I believe 9.089 is more then 8.92
yes. 8.92 is less than 9.089

Solve the inequality x + 1 > 5. Then graph the solutions.

Answers

Solution to Inequality #1:

6 - x > 15
-x > 15 - 6
-x > 9
-x/-1 < 9/-1 (divide by -1; reverse sign of inequality)
x < -9

Solution to Inequality #2:

8x < 1
x < 1/8

OR

x - 9 > -5
x > -5 + 9
x > 4

Solution to Inequality #3:

|x + 3| >= 4

Positive Case:

x + 3 >= 4
x >= 4 - 3
x >= 1

Negative Case:

-1(x + 3) >= 4
-x - 3 > = 4
-x >= 4 + 3
-x >= 7
-x/-1 <= 7/-1 (divide by -1; reverse sign of inequality)
x <= -7

1. Jillian and Harold both leave the mall to go home headed in different directions. The angle between their paths towards home is 57(degrees). Harold lives 3.7km from the mall and Jillian lives 2.3km. Determine how far apart these two friends live from each other.

Answers

Answer:

ok mlol

Step-by-step explanation:

What is the area of the parallelogram shown below?

Answers

Answer:

135 units square

Step-by-step explanation:

The area of a parallelogram is calculated by multplying height and base

The height of the given shape is 15 units and the base is 9 units

15 × 9 = 135 units square.

9. Calcule el valor de la fuerza que experimenta un ascensor cuando levanta 150 kg en los siguientes casos: a) Cuando asciende con una aceleración de 4 m/s2 b) Cuando asciende con una aceleración de 6 m/s2 c) Explique: ¿Por qué el ascensor experimenta diferentes aceleraciones si levanta el mismo peso en ambos casos?

Answers

Answer:

a) La fuerza neta que experimenta un ascensor cuando asciende con una aceleración de 4 metros por segundo al cuadrado es 600 newtons hacia arriba.

b) La fuerza neta que experimenta un ascensor cuando desciende con una aceleración de 6 metros por segundo al cuadrado es 900 newtons hacia abajo.

c) Por la fuerza de tensión sobre el cable del ascensor.

Step-by-step explanation:

a) La fuerza neta experimentada por el ascensor ([tex]F[/tex]), en newtons, es:

[tex]F = m\cdot a[/tex] (1)

Donde:

[tex]m[/tex] - Masa, en kilogramos.

[tex]a[/tex] - Aceleración, en metros por segundo cuadrado.

Si sabemos que [tex]m = 150\,kg[/tex] y [tex]a = 4\,\frac{m}{s^{2}}[/tex], entonces la fuerza neta del ascensor es:

[tex]F = m\cdot a[/tex]

[tex]F = 600\,N[/tex]

La fuerza neta que experimenta un ascensor cuando asciende con una aceleración de 4 metros por segundo al cuadrado es 600 newtons hacia arriba.

b) Si sabemos que [tex]m = 150\,kg[/tex] y [tex]a = -6\,\frac{m}{s^{2}}[/tex], entonces la fuerza neta del ascensor es:

[tex]F = m\cdot a[/tex]

[tex]F = -900\,N[/tex]

La fuerza neta que experimenta un ascensor cuando desciende con una aceleración de 6 metros por segundo al cuadrado es 900 newtons hacia abajo.

c) De manera simplificada, el ascensor experimenta dos fuerzas que definen la fuerza y aceleración netas: (i) La fuerza de tensión sobre el cable que traslada el ascensor y el peso total del ascensor, opuesta a la anterior y en función de la aceleración gravitacional. Puesto que la masa no varía en ningún caso, se concluye que el peso es constante, entonces la diferencia de valores se debe a la fuerza por tensión del cable. En el descenso, es fuerza es menor que en el ascenso.

A waiter receives tips from each customer. On
average the tip is 15% of the customer's bill. At this
rate, which of the following is closest to the tip the
waiter can expect when a customer has a bill that is
$78.20
A) $8.00
B) 10.00
C) $12.00
D) $14.00

Answers

Answer:

B) 10.00

Step-by-step explanation:

61 = m + - 8 what would be m

Answers

Answer:

m would be 69!

Step-by-step explanation:

61 = m - 8

61 + 8 = m - 8 + 8

69 = m

Answer: 69

Step-by-step explanation:

61=m+-8

as plus minus equals to minus so its -8

61=m-8

m=61+8

m=69

The price of a sweater was reduced from 20 to 12 by what percentage was the price of the sweater reduced

Answers

Answer:

40%

Step-by-step explanation:

You subtract 20 from 12 to get 8.

Divide 20 from 8 to get 0.40.

The price of the sweater was reduced by 40%

Beth's doll is similar to her own quilt by a ration of 1:6. if the width of her doll's quilt is 11 inches, how wide is her own quilt in inches?

Answers

Answer:
66
Step-by-step explanation:
6*11=66

Please please please please please please answer question y<-1/3x+2?

Answers

Answer:

Please see the attachment, none of the graphs you showed was correct.

Step-by-step explanation:

Hope it helps :)

Please help me with this problem!!

Answers

Yes, the correct answer would be 45. Good luck

When a normal six-sided die is rolled, what is the probability of getting a 7?

A. 0
B. 1/2
C. 6/7
D. 7/6

[No Links I need an answer and explanation]

Answers

Answer:

0

Step-by-step explanation:

probably 0, because a normal dice has six sides and the greatest number is 6, therefore you cannot roll a 7

es > My H
What do you notice about this segment of the graph?
Bake Stars' Oven Temperature as a function of Time
The line on the graph
slopes up.
Pre
Temperature (°F)
375
350
325
300
275
250
225
200
175
150
125
100
75
50
25
The temperature is
increasing
The segment is linear.
0
10 20 30 40 50
60
70
80 90 100
Prev
Ne

Answers

Answer:

The temp is increasing

Step-by-step explanation:

I just did it

Meredith is playing games at the arcade to earn tickets that she can exchange for a prize. She has 278 tickets from a previous visit, and she earns 5 each game she plays. If Meredith needs 388 tickets to exchange for the prize, how many games does Meredith need to play?

Answers

I believe the answer would be 22

I am assuming she already has 278, so the amount of tickets needed needs to be found
388-278 = 110

Since she gets 5 tickets from each game, you divide
110/5 = 22

So she would need to play 22 games to get the remainder of the tickets

Please correct me if I am wrong, have a good day!

Also, the picture is blacked out, from my personal experience, the picture needs to exist in your device as in your camera roll before you upload it.

What’s 6 x 5 * divide* 10? I need answers plz

Answers

Answer:

It is 3

Step-by-step explanation:

6*5= 30

30/10= 3

Mark me Brainliest?

What is the height, x, of the equilateral triangle?

Answers

Given:

The figure of an equilateral triangle with side length 14 in.

To find:

The height x of the equilateral triangle.

Solution:

We know that the height of an equilateral triangle is:

[tex]h=\dfrac{\sqrt{3}}{2}a[/tex]

Where, a is the length of side of the equilateral triangle.

It is given that the height of the triangle is [tex]x[/tex].

Putting [tex]a=14,h=x[/tex] in the above formula, we get

[tex]x=\dfrac{\sqrt{3}}{2}(14)[/tex]

[tex]x=\sqrt{3}(7)[/tex]

[tex]x=7\sqrt{3}[/tex]

Therefore, the height of the triangle is [tex]x=7\sqrt{3}[/tex].

Hello guys, I gotta turn in this and got like a few hours, please help me as soon as possible!!

Answers

levi ackerman is that you ?!?

An owner of a small store knows that in the last week 54 customers paid with cash, 42 paid with a debit card, and 153 paid with a credit card. Based on the number of customers from last week, which is closest to the probability that the next customer will pay with cash? (Round the answer to the nearest hundredth.)

Answers

Answer:

2268

Step-by-step explanation:

Covert 50 °F to °C
°C = ( 50 -32)​

Answers

Answer:

50 Fahrenheit (F) 10 Celsius (C)

1 F = -17.222 C 1 C = 33.800 F

Answer:

50 Fahrenheit (F) 10 Celsius (C)

1 F = -17.222 C 1 C = 33.800 F

Convert 48 fluid ounces to cup I need help

Answers

Answer:

6 Cups

Step-by-step explanation:

There are 8 fluid ounces in a cup, 48 divided by 8 = 6

Which polygons are similar?

1
2
3
4

Answers

Triangle 1 and 4 are similar using AAA

number one and four.......

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