Part I: Describe how the account balance of a savings account earning simple interest is determined.

Part ll: Explain the difference between a savings account earning simple interest and a savings account earning compound interest.

Part Ill: Which type of savings account would you open and why?

Answers

Answer 1

Answer:

part 1: You start with an annual "simple interest rate," which is the percentage of the principal balance your money earns each year. ... Add the daily interest earned to the balance.

part 2: Simple interest is based on the principal amount of a loan or deposit. In contrast, compound interest is based on the principal amount and the interest that accumulates on it in every period.

part 3: a compound interest account and here's why. When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate

Step-by-step explanation:


Related Questions

Pat and Julie share some money in the ratio 2 : 5 Julie gets $45 more than
Pat. How much money did Pat get? (SHOW WORKING)​

plsssss helppp ​

Answers

Answer:

Pat receives $18.

Step-by-step explanation:

Pats get 18 dollars because he only gets 40 percent of what Julie gets and 40% of 45 is 18.

Solve one point -x+2=-3x+18

Answers

Answer:

x=8

Step-by-step explanation:

-x+2=-3x+18

=>-x+3x=18-2

=>2x=16

=>x=16/2

=>x=8

Two angles are supplementary. One angle is 184° less than three times the other. Find the measures of the angles.

91°, 89°

96°, 84°

86°, 94°

90°, 86°

Answers

Answer:

           91°, 89°

Step-by-step explanation:

The sum of suplementary angles is allways 180°

so:

x  -   the other angle

3x  - three times the other angle

180°- x  - one angle

180° - x + 184° = 3x

   364° = 4x

     x = 91°

180°- x = 180° - 91° = 89°

Given: {(−2, 3), (−1, 2), (0, 2), (−2, 9)}. Is this relation a function? Explain.

Answers

Answer:

No

Step-by-step explanation:

(-1,2) and (0,2) have the same y value. Functions cannot share the same y value

The relationships represents by {(−2, 3), (−1, 2), (0, 2), (−2, 9)} is not function.

Given that,  {(−2, 3), (−1, 2), (0, 2), (−2, 9)}. Is this relation a function is to be specified.

What are functions?

Functions are the relationship between sets of values. e g y=f(x), for every value of x there is its exists in a set of y. x is the independent variable while Y is the dependent variable.

Here,
In the relation  {(−2, 3), (−1, 2), (0, 2), (−2, 9)}
(−2, 3), (−2, 9) are two pairs that show two images of one pre-image that why it is not a  function.

Thus, the relationships represents by {(−2, 3), (−1, 2), (0, 2), (−2, 9)} is not function.

Learn more about function here:

brainly.com/question/21145944

#SPJ2


Select the graph that shows the correct sum.

Answers

Step-by-step explanation:

no graphs included. need photos or words to answer.

Answer: Its B (FtG)(x)

Step-by-step explanation:

The total bill for a restaurant meal includes the cost of the meal, m, a 5% tax on the
food, and a tip, t. The expression representing the total cost is m + 0.05m + t.
Which expression represents the tax paid on the meal?

Answers

Answer:

Hey there!

The tax paid on the meal is represented by 0.05m.

Let me know if this helps :)

if this figure is reflected across the x-axis, what is the orientation of the reflected figure?

Answers

It would be easy to answer if there was a picture:))))

how many pounds are in 5 kg
11.025 pounds
15.435 pounds
15.876 pounds
24.255 pounds​

Answers

Answer:

11.025 pounds are in 5kg

Ur answer is a ur welcome

It is known that 2.2< (square root of 5) <2.3. Find all possible values of the expression: 3− (square root of 5) Answer in the format of the picture.

Answers

Answer:

.7<3-square-root 5<.8

Step-by-step explanation:

Help me ill give u a thanks!

Answers

Answer:

11. 68.6 mph

12. 5/6 page (0.83)

Step-by-step explanation:

You simply divide them (remember the word "per" means divide).

[tex]\dfrac{120}{1 \frac34} \approx 68.6[/tex]

[tex]\dfrac{8 \frac13}{10} = \frac56[/tex]

how many centimeters are in 32 metered

Answers

3200. because 100cm is equal to 1 meter so 32 cm would be equal to 3200

Answer:

3,200

Step-by-step explanation:

A meter is equivalent to 100 centimetres, so if you did 32 x 100, you'd get your answer :)

what are LOGARITHMS...???​

Answers

Step-by-step explanation:

A logarithm is a mathematical operation that determines how many times a certain number, called the base, is multiplied by itself to reach another number. ... Logarithms even describe how humans instinctively think about numbers.

Answer:

A logarithm tells what exponent (or power) is needed to make a certain number, so logarithms are the inverse (opposite) of exponentiation. Just as an exponential function has three parts, a logarithm has three parts. The three parts of a logarithm are a base, an argument (also called power) and an answer.

Step-by-step explanation:

Need help, numbers scare me lol pls help

Answers

Answer:

none are a solution

Step-by-step explanation:

9. 2=2·3             10. 6=2·-1         11.-14=2·-1.5

2=6                     6=-2                  -14=-3

WRONG             WRONG           WRONG

(3,2)                     (-1,6)                  (1.5,-14)

Given equation:y=2x+4

Last year, Kenia got a 350 on her 6th Grade Math EOG. This year Kenia earned a 399, which was a high enough score to make a Level 4. What was the percent of increase in Kenia's score?

Answers

Answer:

14%

Step-by-step explanation:

Last year's score = 350

This year's score = 399

What was the percent of increase in Kenia's score

Percentage increase= (new score - old score) / old score × 100

= (399-350) / 350 × 100

= 49 / 350 × 100

= 0.14 × 100

= 14%

The percent of increase in Kenia's score is 14%

1-8 Homework Exercises Course 2 Mathematics Common Core

Answers

huh what that’s not enough information

Find the distance between each pair of points.
U(1,3), B(4,6)​

Answers

Answer:

3√2units or 4.24 units

Step-by-step explanation:

using the formula √∆x^2+∆y^2

√3^2+3^2

√18

= 3√2 or 4.24 units

HELPPP!!
SIMPLIFY!!!
5x²-7y+3x²-8y​

Answers

Answer:

8

x

2

15

y

Step-by-step explanation:

Hope that helps

AC−⇀− bisects ∠BAD.If m∠BAC=38°, find the m∠BAD.

Answers

Answer:

180-38=142 the other angle is 142

Step-by-step explanation:

-5x+11>-4 please solve

Answers

Answer:

if you were solving for X the answer would be x < 3

Step-by-step explanation:

Let f(x) = 3x² - x, find f(-3) *

Answers

Answer:

30

Step-by-step explanation:

if f(x)=3x^2 - x then,

f(-3)=3*-3^2 -(-3)

=3*9 +3

=27+3

=30

So, The value of f(-3) is 30

Hope Thiswill be helpful for you.

Tina learns 2 new appetizer recipes during each week of culinary school. After 19 weeks of culinary school, how many total appetizer recipes will Tina know?

Answers

Answer:

38 recipes

Step-by-step explanation:

1 week=2 recipes

19 week=19×2 recipes

=38 recipes

Plz,marks me as a brainest ok.

If RT 36 find the value of x

Answers

Answer:

the answer is 36

Step-by-step explanation:

RTLM+x=36

if
a+1/a=4-root15 find a^2 +1/a^2​

Answers

62 is the correct answer of this question

62 if what I got for this






What is the value of x in the equation −x = 3 − 4x + 15?

Answers

Answer:

x = 6

Step-by-step explanation:

First of all you should collect like terms

-x = 18 - 4x

Then you should move the variable to the left

-x + 4x = 18

After that you should collect like terms

3x = 18

Finally divide both sides by 3

x = 6

Hope this helps!

Answer:

6

Step-by-step explanation:

The value of 7 in 17.92 is

Answers

The value of 7 in 17.92 is in the ones place.

5) Alex's house (point F) lies on the same street as her school (point H). Alex's bus stop (point G) lies between her
house and her school. Given FG equals (2x) meters, GH = 1,000 meters, and FH equals 1.200 meters, what is z?
Answer:​

Answers

Answer:

100 meters

Step-by-step explanation:

Given the following :

Alex house = F

Alex school = H

Alex bus stop = G

FG = 2x meters

GH = 1000meters

FH = 1200 meters

Hence,

FH = FG + GH

1200 = (2x + 1000) meters

1200 = 2x + 1000

1200 - 1000 = 2x

200 = 2x

x = 100meters

Hence, x = 100 meters

POSSIBLE POIN The value of the expression is (Do without a calculator. Leave your answer as a reduced improper fraction and use "" as your fraction bar.)​

Answers

To find the answer you have to multiply the reciprocal, or just keep, change, and multiply.
The answer is 12/10.
I hope you got a good grade!! ^v^

In the diagram AB Is the perpendicular bisector of PH. Help

Answers

Answer:

1,2 and 5 are your right answers! Please vote Brainliest!

Step-by-step explanation:

Marcus is skiing. He is 869 1/10 get up the mountain. He descends to 450 7/10 feet. What is his change in elevation

Answers

Answer:

418 4/10

Step-by-step explanation:

To answer this we subtract 450 7/10 from 869 1/10.

We must borrow a '1' from 869 1/10:  868 11/10

Now subtract 450 7/10 from 868 11/10:

418 4/10 (CHANGE IN ELEVATION)

This reduces to 418 2/5.

A family of two adults and three children went to a water park. Admission to the water park costs $18 per person. Nora used the expression 2 (18) + 3 (18) to model the total cost for the family, and Alex used the expression 5 (18). Which property of operations makes both of their expressions correct am so sorry i forgot

Answers

Answer:

communtive property of multiplication

Answer: commutative property ⚡

Step-by-step explanation

Other Questions
What was the cause of the year of confusion in 46 B.C.? Select the most contrived ending to this storyA. People take sides, some in support of Jonas, others in oppositionB. The plan backfires, and the economy starts to get even worse C. Jonas is driven into exile by the people who once supported himD. Jonas calls on his magical powers to reveal the truth PLEASE PLEASE PLEASE ANSWER I NEEd help I will mark brainliest just please answer. Many early childhood programs are incorporating outdoor activities, nature education, and gardening as ways of getting childreninvolved in their education through a more naturalistic approach. This revolutionary idea was first introduced by which of the followinghistorical figures?Jean-Jacques RousseauMary WollstonecraftJohann Heinrich PestalozziJohn Locke Darren drives to school in rush hour traffic and averages 30 mph. He returns home in mid-afternoon when there is less traffic and averages 40 mph. What is the distance between his home and school if the total traveling time is 1 hr 45 min? A ball rolls at a speed of 6cm/s. How far does the ball roll in 40 seconds ? ____cm Most forest fires and wildfires are natural. They clear away debris, old brush, and dying trees, leaving heartier trees better able to grow. Certain trees, in fact, produce seeds only when fire heats them. If the fire removes thick shrubs and undergrowth, the water supply increases, aiding other plants and local animals. Fire also may kill predatory insects or pests that live on and damage otherwise healthy trees. Write two sentences in which you identify the main idea and at least one supporting detail of this paragraph. (i don't want the answer i just want the main idea) Usa el mapa como referencia y escoge la mejor respuesta. Use the map as a reference and select the best answer. Random groups of 25 graduates of a school of nursing were asked thestarting annual salary for their first nursing job after graduation. The samplingvariability was low. If the average salaries of several of the groups were closeto $67,000, which of these is least likely to be the average salary of another ofthe groups? This kingfisher's beak can be measured as about 4.2 cmlongWhich two terms describe this type of data? Generally the least expensive source of long-term capital is:______.a) retained earnings.b) preferred stock.c) long-term debt.d) short-term debt. Which of the following are ways of expressing the meaning of ceteris paribus? A) Assuming other things are equal B) Assuming additional factors, other than those under consideration, are given equal consideration C) Assuming factors other than those being considered In a particular analysis do not change D) Assuming additional factors, other than those under consideration, play a significant role in analysis X/5=1/(x+4) solve for x 1) Shannon wants to lower her stress level. She decides to take a yoga class and learns to meditate to help reduce her stress. What can Shannon do to monitor her progress toward her goal? A) She can avoid using alcohol and drugs. B) She can try to eat healthy food every day. C) She can make sure she is getting enough sleep. D) She can keep a diary to record her mood each day. About how many metric tons of oil were consumed in the world 2012 what is the simplest form of 85 + 250 - 720? ive been crying over this for an hour pls help 8. Choose the best answer.Which of these sentences uses the perfect tense of the verb?please help due in 45 minutes You are the manager of a fast-food store. Part of your job is to report to the boss at the end of each day which special is selling best. Use your vast knowledge of descriptive statistics to write one paragraph letting the boss know what happened today. Here are the data. Do this exercise by hand. Be sure to include a copy of your work.SPECIAL NUMBER SOLD COSTHuge Burger 20 $2.95Baby Burger 18 $1.49Chicken Littles 25 $3.50Porker Burger 19 $2.95Yummy Burger 17 $1.99Coney Dog 20 $1.99Total Specials Sold 119 While on a visit to Minnesota ("Land of 10,000 Lakes"), you sign up to take an excursion around one of the larger lakes. When you go to the dock where the 1500-kg boat is tied, you find that the boat is bobbing up and down in the waves, executing simple harmonic motion with amplitude 20 cm. The boat takes 3.5 s to make one complete up-and-down cycle. When the boat is at its highest point, its deck is at the same height as the stationary dock. As you watch the boat bob up and down, you (mass 60 kg) begin to feel a bit woozy, due in part to the previous nights dinner of lutefisk. As a result, you refuse to board the boat unless the level of the boats deck is within 10 cm of the dock level. Required:How much time do you have to board the boat comfortably during each cycle of up-and-down motion? Which label on the map shows the location of Peloponnesus Which coordinates best estimate the location of Woonsocket, SD?