Answer:
Jenns account has the greater simple interest rate.
Step-by-step explanation:
The formula for simple interest is:
A = P * ( 1 + r * t )
Where A is the final amount after investment, P is the initial amount, r is the rate of interest and t is the time periods.
For Lindsey:
253 = 250 * ( 1 + r * t )
Solve for r
r = ( 253/250 ) - 1 = 0.012
Lindsey simple interest was 1.2% annually
For Jenn:
257.50 = 250 * ( 1 + r * 2 )
r = ( 257.50/250 ) - 1 )/2 = 0.015
Jenn simple interest was 1.5% annually
Therefore Jenns account has the highest simple interest rate.
Answer:
Lindsay’s interest is $3 for one year. Using the formula for interest, I = prt, Lindsey’s money is earning at a rate of 1.2%. Jenn has earned $3.75 for one year. Her money is earning at a rate of 1.5%, which is a higher interest rate.
Step-by-step explanation:
Sample response :)
1. Given the triangle below, what is the value of sin 8
?
12
6
ก
65
Answer:
2
Step-by-step explanation:
bc
Answer:
(2/5)√5
Step-by-step explanation:
from the sine rule (see attached for reference), we can construct the following relationship
12/sinθ = (6√5) / sin 90°
recall that sin 90° = 1, hence our equation becomes:
12/sinθ = (6√5) / 1
12/sinθ = (6√5) (rearranging)
12 ÷ (6√5) = sin θ
sin θ = 12 / (6√5)
sin θ = 2 / √5 (moving radical to numerator by multiplying by √5/√5)
= 2 / √5 x √5/√5
= 2√5 / 5
= (2/5)√5
A person who filed bankruptcy in the past is able to get a 30-year mortgage loan at a rate that is 6% higher than what they could have received if they had not filed. The interest rate this person pays on a $150,000 loan is 11%, compounded monthly. Assume the person could have received the lower interest rate on the loan and saved all of the difference in the payments for the first 10 years of the loan. If this person invested this total amount in an account paying simple interest at the rate of 2.5%, how much money would have accumulated in interest by the time the mortgage is paid off? a. $37,395.18 b. $74,790.37 c. $623.25 d. $3,739.52
Answer:
A. $37,395
Step-by-step explanation:
correct on edge! hope it helps :)
The savings from the difference between the 30–year loan at 11%, which
is 6% gives an interest when the mortgage is paid of approximately;
a. $37,395.18
How can the amount interest accumulated be calculated?
The amount paid is given as follows;
[tex]Monthly \ payment, \ M = \mathbf{\dfrac{P \cdot \left(\dfrac{r}{12} \right) \cdot }\left(1+\dfrac{r}{12} \right)^n }{\left(1+\dfrac{r}{12} \right)^n - 1}[/tex]
Which gives;
[tex]M = \dfrac{150000 \times \left(\dfrac{0.11}{12} \right) \cdot \left(1+\dfrac{0.11}{12} \right)^{30 \times 12} }{\left(1+\dfrac{0.11}{12} \right)^{30 \times 12} - 1} \approx \mathbf{1,428.49}[/tex]
Payment in 10 years = $1,428.49 × 120 ≈ $171,418.8
At the lower interest rate the person could have received (11 - 6 = 5)%, we have;
[tex]M = \mathbf{\dfrac{150000 \times \left(\dfrac{0.05}{12} \right) \cdot \left(1+\dfrac{0.05}{12} \right)^{30 \times 12} }{\left(1+\dfrac{0.05}{12} \right)^{30 \times 12} - 1}} \approx 805.23[/tex]
Payment in 10 years = $805.23 × 120 ≈ $92,227.6
Savings = $171,418.8 - $96,627.6 = $74,791.2
The time duration the savings is invested in the account = 30 years - 10 years = 20 years
Which gives;
Simple interest after 20 years = $74,791.2 × 0.025 × 20 ≈ $37,396.6
Therefore;
The option that best gives the amount of money that would have accumulated in interest is the option a.
a. $37,395.18
Learn more about compound and simple interest here:
https://brainly.com/question/24557100
https://brainly.com/question/9245816
A country's budget had a surplus of $250 billion in the year 2000. in 2004 , the budget had $447 billion. fund the difference between these amounts
Answer: $197 Billion
Step-by-step explanation: To find the difference between the two amounts, you simply subtract them! In this case, 447 - 250 = 197. Hope this helps!
Help with this work please.
Answer: x= 10, y= 13. i dont know for sure so i'd wait for someone else to answer
Answer:
x = 12
y = 13
Step-by-step explanation:
by pythagoras theorem
x²=20²-16²
x²=400-256
x²=144
x=12
y²=x²+5²
y²=12²+5²
y²=144+25
y²=169
y=13
A coat at a store is originally priced at $85. The store marks the price down to $68. To the nearest percent, what is the percent markdown of the coat ?
Answer:
20%
Step-by-step explanation:
This is because the amount decreased is 17 and 17 is what percent of 85? The answer is 20%.
Find QUS, given the following sets:
P = {b, d, f, g}
Q = {a, b, c, d]
R = {c, e, f, g}
S = {a, d, g}
Answer:
Q=(a,b,c,d)
S=(a,d,g)
QUS=(a,b,c,d,g) Union of set means all the elements in both set.
Calculate the slope look at pic. Help plz!
use the bar diagram to help you solve the equation 4x-12=16.
Answer:
x = 7
Step-by-step explanation:
4x−12=16
Step 1: Add 12 to both sides.
4x−12+12=16+12
4x=28
Step 2: Divide both sides by 4.
4x/4 = 28/4 = 7
x=7
. The industrial output of an automobile factory increases by 5% of what it had been in the beginning of
every year. Find the production after 3 years, if the factory turns out 80000 units this year.
How Many Times Done 16 go Into 78!??!!!!?!!?!??!?!?! HELP ME!!!
Answer:
4.87500
Step-by-step explanation:
hope this helps
Answer:
4.875
Step-by-step explanation:
78 divided by 16 = 4.875
What is the value of the expression below when n=5
Answer:
-6 (i can explain if its needed)
Step-by-step explanation:
[tex]2 - {n}^{2} + 3 \times 14 - {n}^{2} = \\ 2 - {n}^{2} + 42 - {n}^{2} = \\ 2 - 25 + 42 - 25 = - 6[/tex]
Round 8265 to the nearest ten?
Using the equation 2 + 3/41 = 5, what does the value of I equal?
Answer:
i did't see the value I in the equation
Step-by-step explanation:
Use distributive property to solve the problem
3 (9 - 10a) - 3a
Answer:
27- 1 = 26
Step-by-step explanation:
Write the coordinates of the vertices after a reflection across the line x=-1
Answer:
U is (0,-8)
V is (0,-10)
T is (5,-8)
S is (5,(-10)
All even numbers
greater than two, can be written
as the sum of two prime numbers
Peter
Give three examples that show that Peter is correct.
Answer:
Step-by-step explanation:
3 + 5 = 8
7 + 11 = 18
11 + 19 = 30
Find o% of 176:
Find 100% of 176:
Find 50% of 176:
Find 25% of 176:
Find 75% of 176:
Help me please quick!
Answer:
28
Step-by-step explanation:
All angles together in the triangle are 180.
62+90+x=180
x=180-(90+62)
x=180-152
x=28
Which ordered pair best represents the coordinates of
a point that could be the third vertex of the right
triangle?
A (5,-5)
B (-4,6)
© (-3,-6)
D (3,4)
PLS HURRY I HAVE A TEST
calcule el cociente de los siguientes ejercicios
(-8)/(+2)
Answer:
-4
Step-by-step explanation:
Reuben invested his savings in two investment funds. The $18,000 that he invested in Fund A returned a 5% profit. The amount that he invested in Fund B returned a 1% profit. How much did he invest in Fund B, if both funds together returned a 4% profit?
Answer:
He invested $13500 in fund A, and $4500 in Fund B
Step-by-step explanation:
maths
what are scale drawings
Answer:
A drawing that shows a real object with accurate sizes reduced or enlarged by a certain amount (called the scale). The scale is shown as the length in the drawing, then a colon (":"), then the matching length on the real thing.
Step-by-step explanation:
Answer:
Answer down below!
Step-by-step explanation:
A scale drawing is a drawing that is downsized. They are usually used to see how small to make a particular thing.
15 points and brainliest! Solve for x. 7x + 3 = 17
A: x= 2
B: x=7
C: x=20
D: x=27
Answer:
Its A
Step-by-step explanation:
7x + 3 =17
-3 ( 17 -3 = 14)
7x = 14. (14 divided by 7)
u get x=2
Find 25% of 80 kg A 40kg B 10kg C 8kg D 20kg help me plss
Answer:
25% of 80 is D. 20kg
Step-by-step explanation:
50% of 80 is 40 and we know that 25% is half of 50%, so half of 40 would be 20.
So, the answer is D. 20kg
Hope this helps! :)
(20,-6)(6,5) find the slope
A cable TV company charges $28 for the basic service plus $8 for each movie channel. Let y be the total cost
in dollars of subscribing to cable TV, using x movie channels. Find the slope-intercept form of the equation.
Look at pic
Answer:
y= 28x+8
Step-by-step explanation:
I really need to know theese and rhe rest plsss
Answer:
10.45?
Step-by-step explanation:
Answer:
5.05
Step-by-step explanation:
-2.7+7.75
2.7 is how much he descends so its negative
And 7.75 for how much he went up so its positive
what is 656 ÷ 4
we need to know how to solve this equation.
Answer: 164
Step-by-step explanation: 656 /4
164
Use the slope formula to determine the slope of the line containing the two points.
(-1, -7) and (-6, -3)
A. 10/7
B. -4/5
C. -1/2
D. -5/4
The daily temperature in the month of March in a certain city varies from a low of 24 degrees F to a high of 40 degrees F. Find a sinusoidal function to model daily temperature and sketch the graph. Let t=0 correspond to noon, when the highest temperature of the day occurs.
Please help I'm in the test.
Answer:
d(t)=8cos((pi/12)t)
Step-by-step explanation:
I think this is correct...
A=8 b/c 40-24=16, 16/2 = 8
B=2pi/per, 2pi/24, B = pi/12