Situation
You are a financial advisor. Your clients include young couples who are looking for financial advice. During this pandemic, everyone is looking for the best option when saving their money. As a financial advisor, you help people determine the best options for their savings plan. Most banks offer saving plan options with compound interest.
The Jacksons
Eric and Amy Jackson wish to invest in a no-risk savings account. They currently have $55,000 in an account that has a 4.125% annual interest rate, compounded continuously. They have the following options:
a. keep their money in the account they already have
b. invest the money in an account that has 5% annual interest, compounded annually
c. invest the money in an account that has 4.5% annual interest, compounded quarterly
d. invest the money in an account that has 3.875% annual interest, compounded monthly
Write a function for each option, that represents the amount of money in the account after t years after the account is opened.
a. C(t) keep their money in the account they already have
b. A(t) invest the money in an account that has 5% annual interest, compounded annually
c. Q(t) invest the money in an account that has 4.5% annual interest, compounded quarterly
d. M(t) invest the money in an account that has 3.875% annual interest, compounded monthly

Answer:

304

Step-by-step explanation: x/760 40/100=

760x40=30,400

30,400 divided by 100=304

Answer:

The square root of 10 is 3.16

Step-by-step explanation:

I hope that this helps you out..

Answer:

=3x−5y

Step-by-step explanation:

Answer: =3x−5y

Step-by-step explanation:

Answer:

39

Step-by-step explanation:

x+3x+24=180

4x=156

x=39=A

3x=117=B

Replace x with 10.

The exponent is now 0.1(10) = 1

Now you have 5000(1.181)^1

1.181^1 = 1.181

So now 5000 x 1.181 = 5,905

The answer is 5,905

Answer:

Step-by-step explanation:

P represents the original price of the sandwich

1.5 represents the discount

Answer:

B and I are both coplanar

Step-by-step explanation:

Answer:

~1.5

Step-by-step explanation:

3/2.009 = 1.493280238924838 = ~1.5

Answer:

Rise over Run

Step-by-step explanation:

You need to find the rise over run. Find a point where the line crosses a set of points on the graph. Then find another point on the graph where the line crosses. start at the bottom point and count up till you get even to where the point is. then count over till you get to the point. That is your rise over run. Now simplify the rise over run. You should get a number and that is how you can tell if if a lines slope is equal to 1, greater than 1, or less than 1.

Hope this Helps!

Answer: The y-intercept is 5

Step-by-step explanation:

Answer:

24 %

Step-by-step explanation:

thats easy

Answer:

x=6.5

Step-by-step explanation:

Don't worry I just know

Answer:

X = 13/2

Step-by-step explanation:

7(x-2)=3(x+4)

Distribute

7x - 14 = 3x + 12

-3x from both sides

4x -14 = 12

Add 14

4x = 26

Dive by 4

X = 13/2

If u simplify 26/4

Answer:

525; $68.25

Step-by-step explanation:

21+.09x=.13x

x=525

21+.09(525)=68.25

.13(525)=68.25

The answers are :

A) The amount of calling for which the two plans cost the same will be 525 minutes.

B) The cost when two plans cost the same amount is $68.25.

What do you mean by algebraic expressions ?

Algebraic expression is an equation which consists of variables and the arithmetic operations such as division , multiplication , etc.

A)

Let's assume the amount of calling is x for which the two plans cost the same.

So , the algebraic expression can be written as ;

Plan A = Plan B

or

21 + (0.09 × x) = 0 + (0.13 × x)

Solving this we will get amount of calling for which the two plans cost the same as :

21 = 0.13x - 0.09x

0.04x = 21

x = 525 minutes

B)

Now , the cost when two plans cost the same amount :

Plan A = 21 + (0.09 × 525) = 21 + 47.25 = $68.25

or

Plan A = Plan B = $68.25

Therefore , the answers are :

A) The amount of calling for which the two plans cost the same will be 525 minutes.

B) The cost when two plans cost the same amount is $68.25.

Learn more about algebraic expression here :

https://brainly.com/question/2164351

#SPJ2

Answer:

Step-by-step explanation:

Answer:

○ [tex]\displaystyle One\:relative\:maximum\:(-1, 8)\:and\:one\:relative\:minimum\:(2, -4)[/tex]

Step-by-step explanation:

The minimum is the lowest possible point a certain graph touches, while the maximum is the highest possible point a certain graph touches.

I am joyous to assist you at any time.

Answer:

3379

Step-by-step explanation:

Answer:

=140/7-13/7

hope it helps.

Answer:

.014

Just trust me, you know I have your back

Answer:

.7845

Step-by-step explanation:

This is not the correct answer.

1. 2.30 is not even close to the point given in the number line.

2. My guess for the correct answer would be 0.23 because in between 0.2 and 0.3 is 0.25, so the best answer would be 0.23.

Answer:

Step-by-step explanation:

if 6lbs costs 5.94

5.94/6=0.99

10lbs

0.99*10=9.90 dollars

9/3. 5/14 hope that's the right awnser

0.36.  i just had this question and got it right. :)

Answer:

C| 21 feet is your answer .

Step-by-step explanation:

7×3=21 3×7=21

Answer:

67.65

Step-by-step explanation:

Answer

cat scored: 38.65+29=67.65

100.2-67.65=32.55#

bo 29 marks  

Step-by-step explanation:

Answer:

Function B has the greater rate of change

Step-by-step explanation:

Function A has a slope of 1/3

Function B has a slope of 1/2

When comparing slopes, the higher value has the greater rate of change

1/2 > 1/3

Answer:

7/12 cannot be reduced

Step-by-step explanation:

7 = 7

12 = 2 * 2 * 3

7 and 12 have no common factors other than 1, so the fraction 7/12 cannot be reduced. 7/12 is already written in lowest terms.

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[tex] - \frac{2}{5} - ( - \frac{9}{15} ) = \\ [/tex]

[tex] - \frac{2 \times 3}{5 \times 3} + \frac{9}{15} = \\ [/tex]

[tex] \frac{ - 6}{15} + \frac{9}{15} = \frac{9 - 6}{15} = \\ [/tex]

[tex] \frac{3}{15} \\ [/tex]

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Answer: The radius is 12.54 feet, and the diameter is 25.08 feet.

Explanation: By applying the circumference into the equation r = [tex]\frac{C}{2\pi }[/tex], we get r = [tex]\frac{78.8}{2\pi }[/tex]which simplifies the radius. And since radius is half of diameter, we multiply by 2 to get the diameter as well to solve the other blank in the problem.

Hope this helps! :D