Complete the​ table, for the following​ investments, which shows the performance​ (interest and​ balance) over a​ 5-year period.
Suzanne deposits ​$4000 in an account that earns simple interest at an annual rate of 2​%. Derek deposits ​$4000 in an account that earns compound interest at an annual rate of 2​% and is compounded annually.​

Answers

Answer 1

Answer:

After 5 years of investment, Suzanne will have $ 4,400 in her account, while Derek will have $ 4,416.32 in his account.

Step-by-step explanation:

Since Suzanne deposits $ 4000 in an account that earns simple interest at an annual rate of 2%, and Derek deposits $ 4000 in an account that earns compound interest at an annual rate of 2% and is compounded annually., Both for a period of 5 years, to determine how much money each one will have in their account after 5 years, the following calculation must be made:

Suzanne:

((4,000 x 0.02) x 5) + 4,000 = X

(80 x 5) + 4,000 = X

400 + 4,000 = X

4,400 = X

Derek:

4,000 x (1 + 0.02 / 1) ^ 5x1 = X

4,000 x 1.02 ^ 5 = X

4,416.32 = X

Thus, after 5 years of investment, Suzanne will have $ 4,400 in her account, while Derek will have $ 4,416.32 in her account.


Related Questions

:) help yuh yuh PLS HELP

Answers

Answer:

first box=[tex]\sqrt{75}[/tex] second box= [tex]\sqrt{73}[/tex]

Step-by-step explanation:

The square root of 74 is roughly between the suareoots of 75 and 73.

Have a fantastic-o day friends! Have a great life and don't waste time doing nothing.

Answer:

yuh

Step-by-step explanation:

totally not using you to get the points-

square root 75 and square root 73

A Customer Telephone Center receives 1,200 calls in a 24-hour period. Of these calls, 75% occur between 9:30 a.m. and 3:30 p.m., and calls are evenly distributed during this time. If each person handles 10 calls an hour, how many people are needed to handle calls during these hours

Answers

Divide Total time into two Time Periods. A regular Demand and a High Demand Time Period. Since 75% of the 1,200 calls occur between 9:30 am and 3:30 pm. We multiply .75 x 1,200 to get 900. We get an average of 900 calls every day between the hours of 9:30 am and 3:30 pm – Our net time for this time period is 6 hours.

Therefore, 6 Hours/900 becomes our quotient

Again, since the denominator is larger we invert it to 900 calls/6 Hours

To get a demand of 150 calls per hour.

We need to be able to handle 150 calls per hour.

So how Many Call Representatives are needed?

Again, our historical data tells us that each person can handle 10 calls an hour.

Therefore 150 calls per hour /10 Minutes = 15 Customer Service Representatives are needed during Peak Time!

Now, Subtract the Peak Hours from the 21 Hours Net Time Per day, gives us 15 Non-Peak hours we have to staff.

*
87-1 = 25+2 simplifies to :​

Answers

it simply to nothing

Answer:

175 /2

Step-by-step explanation:

A car rental company is interested in the amount of time its vehicles are out of operation for repair work. A random sample of 21 cars showed that, over the past year, the numbers of days that each of these cars had been inoperative were as follows: 15, 11, 19, 24, 6, 18, 20, 15, 18, 12, 14, 19, 5, 21, 12, 11, 8, 10, 7, 2, 14 Assuming that the population is normally distributed, construct a 95% confidence interval for the mean number of days that vehicles in the company's fleet are out of operation.

Answers

Answer:

(10.891; 15.869)

Step-by-step explanation:

Given the data::

15, 11, 19, 24, 6, 18, 20, 15, 18, 12, 14, 19, 5, 21, 12, 11, 8, 10, 7, 2, 14

The confidence interval is obtained using the relation :

Mean ± margin of error

Margin of Error = Zcritical * s/sqrt(n)

Using a calculator, the mean value of the data and standard deviation above is :

Mean = Σx / n ; n = sample size

Mean, xbar = 281 / 21

Mean = 13.38

Standard deviation , s = sqrt[Σ(X - xbar)²/ n-1]

Standard deviation, s = 5.82

Margin of Error = Zcritical * s/sqrt(n)

Zcritical at 95% confidence level = 1.96

Margin of Error = 1.96 * 5.82/sqrt(21) = 2.489

Confidence interval :

Mean ± margin of error

13.38 ± 2.489

Lower boundary = (13.38 - 2.489) = 10.891

Upper boundary = (13.38 + 2.489) = 15.869

(10.891; 15.869)

A student ties a string around a weight and swings the weight in a circle around her body. If the student
represents the Sun and the weight represents

Answers

Maybe a planet I’m guessing

Ilia brought pizza home for dinner. Ilia ate 1/4 of the pizza. His friend ate 1/3 of the pizza. How much was left for Ilia.

Answers

Answer:

5/12 of the pizza was leftgot Lila

Step-by-step explanation:

Well Lila ate 1/4 already and his freind ate 1/3

1/4+1/3

3/12+4/12

7/12

The whole pizza is gonna be 1 since a whole pizza

1-7/12

that would be 5/12

Answer:

5/12

Step-by-step explanation:

1/4 + 1/3 + x = 1

7/12 + x = 1

7/12 - 7/12 + x = 1 - 7/12

x = 5/12

PLEASE HELP WILL MARK BRAINLIEST!!! No links and serious answers only!!
2. Write the equation of the line of best fit using the slope-intercept formula $y = mx + b$. Show all your work, including the points used to determine the slope and how the equation was determined.
3. What does the slope of the line represent within the context of your graph? What does the y-intercept represent?
4. Test the residuals of two other points to determine how well the line of best fit models the data.
5. Use the line of best fit to help you to describe the data correlation.
6. Using the line of best fit that you found in Part Three, Question 2, approximate how tall is a person whose arm span is 66 inches?
7. According to your line of best fit, what is the arm span of a 74-inch-tall person?​

Answers

Equation is at bottom with work above.

BRAINLIEST FOR ALL 3 CORRECT ANSWERS, IM FAILING SCHOOL AND NEED HELP ASAP. EVEN OFFICIAL HELP COUNTS

Answers

Answer:

1. quarter turn 2. B 3. (b,-a)

Step-by-step explanation:

aced or higher please hellp i beg :C

Answers

Answer:

A: Find the area of the outer trapezoid and then subtract the area of the inner trapezoid

B: 15 square units

Step-by-step explanation:

A:

Find the area of the outer trapezoid and then subtract the area of the inner trapezoid

(because if the inner trapezoid wasn't there and you were looking for the shaded region, you'd find the area of the outer trapezoid. since you have to take away the area the inner trapezoid takes up, the shaded region = area of outer trapezoid - area of inner trapezoid)

B

The area of a trapezoid is ((a+b)/2)h, where a is the top or the trapezoid, b is the bottom and h is the height.

The top of the outer trapezoid ranges from 4 to 6, so a=6-4=2. The bottom of the outer trapezoid ranges from 2 to 8, so b=8-2=6. The height of the outer trapezoid ranges from 2 to 8, so h=8-2=6.

The area of the outer trapezoid = ((a+b)/2)h = ((2+6)/2)(6) = 4(6) = 24

The top of the inner trapezoid ranges from 4 to 6, so a=6-4=2. The bottom of the inner trapezoid ranges from 3 to 7, so b=7-3=4. The height of the inner trapezoid ranges from 3 to 6, so h=6-3=3.

The area of the inner trapezoid = ((a+b)/2)h = ((2+4)/2)(3) = 3(3) = 9

The are of the shaded region = the area of the outer trapezoid - the area of the inner trapezoid = 24 - 9 = 15 square units

what are irrational numbers ​

Answers

Answer:

hi

Step-by-step explanation:

Irrational numbers are numbers that cannot be expressed as the ratio of two whole numbers. 

Robert wrote 27 checks in April. The bank charges $0.18 a check. The monthly service charge for the checking account is $7. What is the total of the fees Robert pays in April on his checking account?

Answers

Answer:

his fees that he will pay in april on his checking account is 34.02$  

Step-by-step explanation:

ANSWER ASAP! NO SCAM LINKS OR REPORTED.

Answers

Answer:

d

Step-by-step explanation:

it would be a parabola not linear

solve for x. 2x+17+3x = 4+3x+3​

Answers

Answer:

x = -5

Step-by-step explanation:

2x + 17 + 3x = 4 + 3x + 3​

5x + 17 = 3x + 7

5x - 3x = 7 - 17

2x = -10

x = -5

Step-by-step explanation:

5x+17=3x+7

5x-3x=-17+7

2x=-10

x=-5

*can you help me back please

someone please help me answer this!!

Answers

Answer:

b = 21 ft is the answer.

Step-by-step explanation:

a = 28 ft

b = ?

c = 35 ft

According to the Pythagoras theorem,

a² + b² = c²

28² + b² = 35²

784 + b² = 1225

b² = 1225 - 784

b² = 441

b = 21 ft

∴ b = 21 ft is the length of the missing leg.

New appliances for the kitchen will include a new refrigerator ($1,649.99), dishwasher ($369.99), and electric range ($1,146.99) which will be purchased at the local appliance store. Estimate the cost of the appliances to the nearest hundred dollars. Then calculate the actual total cost of the appliances. New appliances for the kitchen will include a new refrigerator ($1,649.99), dishwasher ($369.99), and electric range ($1,146.99) which will be purchased at the local appliance store. Estimate the cost of the appliances to the nearest hundred dollars. Then calculate the actual total cost of the appliances.

Answers

Answer:

estimated price is $3167 and actual price is $3166.97

110% into simple fraction form​

Answers

Answer:

11/10 or 1 1/10

Step-by-step explanation:

110%=110/100

Now let's simplify 110/100:

11/10

Hope this helped! :)

Answer:

1 1/10

Step-by-step explanation:

Hope this helps and have a great day!!!!

pleasee help me i will give you brainliest

Answers

Answer:

40

Step-by-step explanation:

6=110 1=40 because it's not gonna be a higher character

Simone asked her classmates, "How many days do you floss your teeth in a
typical week?" The table shows Simone's data.
Days of Flossing per Week
6
3
1
4
3
3
5
6
6
7
7
6
5
3
2.
4
0
4.
5
7
1
2
6
7
How many observations did she record?

Answers

Answer:

24

Step-by-step explanation:

Count the amount of answers she got.

A woman borrows ​$ 6,000 at 12​% compounded​ monthly, which is to be amortized over 3 years in equal monthly payments. For tax​ purposes, she needs to know the amount of interest paid during each year of the loan. Find the interest paid during the first​ year, the second​ year, and the third year of the loan. ​[Hint: Find the unpaid balance after 12 payments and after 24​ payments.]

Answers

Answer:

nsdjdhbdeihddjjdoeuriehdisueueeuhd

Simplify: 10(-5x+4)
Jejdjejehhe

Answers

Answer:

-50x + 40

Step-by-step explanation:

10(-5x+4)

-50x + 40

Estimate 12.59 _ 7.68 to the nearest whole number​

Answers

Answer:

13_8

Step-by-step explanation:

if the first number in the decimal is 5 or up then you round up if its 4 or less you round down meaning it would be 13 and 8

Simplify 42 ⋅ 48.
Please help with this!

Answers

Answer:

Step-by-step explanation:

a^x. a^y=a^{x+y}

4²*4^8=4^{10}

Answer:

4 to the power of 10

Step-by-step explanation:

PLZ HELP!!!!! Find the slope of each line that passes through the given points. (−2, 1) and (6, −5)

Answers

Answer:

m = -3/4

Step-by-step explanation:

-5 - 1 / 6 - -2 = -6/8 = -3/4

Answer:

Step-by-step explanation:

(-5 - 1)/(6 + 2)= -6/8 = -3/4

192, 96, 48, 24 what are the next three terms

Answers

Answer:

12,6,3

Step-by-step explanation:

its dividing by half

Graph the polynomial function,
f(x) = – x3 + 2x2

Answers

See attatched picture

please help me asap!!

Answers

Answer:

12

Step-by-step explanation:

Answer:

12

Step-by-step explanation:

x^2 + 5^2 = 13^2

x^2 + 25 = 169

x^2 = 144

---> x = 12

Find the value of y.
3 cm
5 cm
X
6 cm
у
2 cm
3 cm
y = [?] cm
Enter a decimal rounded to the nearest tenth.

Answers

Answer:

Step-by-step explanation:

2x11=22

3(3+x)

22=9x+3x

Subtract nine

13=3x

Multiply 13 by 3=13/3

Convert to decimal

Answer is:4.3

A farmer is worried that a recent salmonella outbreak may have come from the carrots on his farm. He wants to test the carrots at the farm, but it will ruin the crop if he tests all of them.
a. If the farm has 10,000 carrots growing, describe a method that would
produce a random sample of 10 plants.
b. Why would a random sample be useful in this situation?

Answers

Answer: for b. Step-by-step explanation: The random sample would show multiple outcomes of the carrot growth and the combinations, i believe

solve the system of linear equations by elimination. 6x-4y=18 3x+2y=-3

Answers

Answer:

y = -3

x = 1

Step-by-step explanation:

6x-4y=18

3x+2y=-3, so 3x = -2y - 3, then x = (-2y - 3)/3

substitute for x:

6((-2y - 3)/3) - 4y = 18

2(-2y - 3) - 4y = 18

-4y - 6 - 4y = 18

-8y - 6 = 18

-8y = 24

y = -3

x = (-2(-3) -3)/3 = 1

what is the area of this quadrilateral? plz help

Answers

Answer:

D. 12 square feet

Step-by-step explanation:

Multiply 3 × 4 to get 12 and divide by 2 for the top triangle. Then, multiply 3 × 4 for the bottom triangle and get 12 and divide by 2. Add 6+6 to get 12

Other Questions
You are a Data Scientist at Anthem Blue Cross Blue Shield. You want to check if a patient will develop diabetes. Please write the R code to split the dataframe into test and training data. The proportion of split is 85/15, and the sample stratification needs to be done on the variable - age. List 8 positive factors of employer-sponsored child care options In a food pyramid, what trophic level do decomposers get their food from?Select one:All levels of the pyramid.Producers only.Producers and primary consumers.Primary consumers and secondary consumers. I need help please with this assignment Which of the following conditions is/are necessary to justify the use of t procedures in a significance test for the slope of a regression line? (4 points)I. For each given value of x, the values of the response variable y are Normally distributed.II. For each given value of x, the values of the response variable y are independent.III. For each given value of x, the standard deviation of y is the same.A. I onlyB. II onlyC. III onlyD. I and II onlyE. I, II, and III In Antigone, Eurydice enters the play's action only at its end.Why does Sophocles include her death?O to suggest how severely those who disobey the gods will be punishedO to clarify the events that led to Haimon's deathO to create sympathy in the audience for a mother's sorrowO to convey the family members' love for each other URGENT WILL GIVE BRAINLIEST!!!What type of writing might include details about a mechanical process? A) narrative essay B) expository essay C) persuasive essay D) descriptive essay When the North Pole is tilted closest towards the sun, it is possible for areas within the Artic Circle to experience 24 hours of sunlight. A. TrueB. FalseChoose The Correct Answer. Pls someone help me with this question pls i need this done rn pls i am begging. this is with grammar and stuff. pleasee help me i will give you brainliest Find the value of y.3 cm5 cmX6 cm2 cm3 cmy = [?] cmEnter a decimal rounded to the nearest tenth. Can someone help me please!!! can anyone help me on this question but explain? Whats the difference between gross and net income City 1New Orleans, LouisianaNew Orleans, LouisianaNew Orleans, LouisianaNew Orleans, LouisianaCity 2Washington, DCNashville, TennesseeSeattle, WashingtonShreveport, LouisianaApproximate Distance Between cities2 x 106 meters9 x 105 meters4 X 106 meters5 x 105 metersAdd1. What is the combined distance that you would travel if you completed a roundtrip from New Orleans, Louisiana,to Washington, DC, and a roundtrip from New Orleans, Louisiana, to Seattle, Washington? Write your answer inscientific notation. Understanding the us government Structure and instructions A student ties a string around a weight and swings the weight in a circle around her body. If the studentrepresents the Sun and the weight represents Please help me! Only have about 10 minutes until I have to submit this assignment! By 1856, which group had gained universal suffrage in the United States?A. WomenB. White malesC. African American males D. Native Americans PLS HELP BRAINLIEST FOR CORRECT ANSWER+20 POINTS