Emma and Paul each invest $2,000 into
accounts that earn 6% interest. If Emma's
account earns simple interest and Paul's
account earns compound interest, which is the
value of each person's account after 8 years?
A. Emma - $2,960; Paul - $3,187.70
8. Emma - $960; Paul - $3,187.70
C. Emma - $2,960; Paut- $ 1,187.70

Answers

Answer 1
The answer to the question is C
Answer 2

The value of each person's account after 8 years is Emma - $2,960; Paul - $3,187.70

What is interest?

Interest is the money you pay on top of the amount you borrow which compensates lenders for making their money available as well as the risk they take.

For the borrower, it is like a rental cost, while for the lender it is an income for lending – for risking their money and doing without it for a given period.

Given that, Emma and Paul invested $2,000 into accounts that earn 6% interest.

Emma invested in Simple interest and Paul invested in compound interest,

We need to find the amount of both after 8 years.

Formula to be used =

Simple interest = PRT / 100 [p = principal, r = rate and t = time]

Compound interest =

A = P(1+r)ⁿ [a = amount, p = principal, rate = rate, n = time]

So,

Emma's account after 8 years =

2000 × 6 × 8 / 100 + 2000 = $2960

Paul's account after 8 years =

A = 2000(1+0.06)⁸

A = $3187.7

Hence, the value of each person's account after 8 years is Emma - $2,960; Paul - $3,187.70

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Related Questions

What is the equation of the line that is the perpendicular bisector of the segment
with (10,-15) and (-10, 25) as endpoints?
y= kx + 10
y= kx + 5
y= -x + 10
y = 2x + 5

Answers

Answer:

y= kx + 5

Step-by-step explanation:

Perpendicular bisector passes through the midpoint of the line.

The midpoint is:

x = (10 - 10)/2 = 0y = (-15 + 25)/2 = 5

Slope of the line:

m = (25 - (-15))/(-10 - 10) = -2

The line perpendicular to this has to have a slope of 1/2 as perpendicular lines have opposite-reciprocal slopes.

Use point-slope form and point (0, 5) to find the equation of the line:

y - 5 = 1/2(x - 0)y = 1/2x + 5

Correct option seem B as others don't match ours

Write rational numbers between 0 and 1
-----------------------------------------------------------------------------------------
please also say how did you solve it
this question has 10 points
I will mark you as Brillant if you answer it

Answers

Step-by-step explanation:

0/1 , 1/1

Multiply there denominators with any number...

0/1×60=0/60

1/1××60=60/60

Now,

You have many choices...

1/60,10/60,30/60,2/60,5/60........so on....

Find the measure of <4.
{{
24
158°
KE
* 4 = [?]

Answers

<4=22°

Answer:

<4+158=180 co interior angle

<4=180-158=22°

Answer:

solution given:

<4+<158°=180°[co- interior angle]

<4=180°-<158°=22°

<4=22° is your answer

For an F distribution, find the following:

(a) f 0.25,825
(b) f 0.10,12,15
(c) f 0.01,12,6

Answers

Answer:

1.39 ; 2.02 ; 2.90

Step-by-step explanation:

From the F - distribution calculator

F0.25, 8, 2 ;

u = 8 ; v = 25 ; cumulative probability = 1 - 0.25 = 0.75

F value = 1.39

F0.10,12,15 :

u = 12 ; v = 15 ; cumulative probability = 1 - 0.10 = 0.90

F value = 2.02

F0.01,12,6

u = 12 ; v = 6 ; cumulative probability = 1 - 0.01 = 0.90

F value = 2.90

13. Ochieng had sh. 250 as pocket money at the beginning of the term. In the middle of the
term, he was left with 2/5 of this amount. How much did he spend?​

Answers

Answer:

sh.150.00

Step-by-step explanation:

2÷5×250

=100

250-100

=150

Help asap! First response= Brainliest!!

Answers

Answer:

3/3

Step-by-step explanation:

here ya go

Diego needs rug with an area of 540sq feet what are all the ways to get 540 square feet

Answers

Answer:

260*2

540*1

180*3

135*4

108*5

Step-by-step explanation:

VERY EASY, WILL GIVE 50 POINTS FOR CORRECT ANSWER ASAP AND WILL GIVE BRAINLIEST.

Answers

Answer:

Second one

Step-by-step explanation:

Answer:

C. A 90° clockwise rotation about the origin

Complete the expression so that it forms a perfect square trinomial--don't forget the sign for an operation. Then write the expression for the perfect square binomial using ^ to make an exponent. x^2+5 perfect square binomial

Answers

The perfect square trinomial is x^2 + 45/4.

To complete the expression as a perfect square trinomial, we need to add a term to the given expression, x^2 + 5, in such a way that it becomes a perfect square.

A perfect square trinomial can be written in the form (a + b)^2, where a and b are real numbers.

In this case, we can observe that the coefficient of x^2 is already 1, so the value of a will be 1.

To find the value of b, we take half of the coefficient of x, which is (5/2), and square it: (5/2)^2 = 25/4.

Now, we can add this term to the given expression:

x^2 + 5 + 25/4

Combining the terms, we get:

x^2 + 25/4 + 20/4

Simplifying further:

x^2 + 45/4

For the perfect square binomial, we can write the expression using the exponent notation as follows:

(x + (sqrt(45/4)))^2

Note that sqrt denotes the square root.

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Cell phone Plan A costs$70 per month and comes with a free$500 phone. Cell phone Plan Bcosts$50 per month but does not come with a phone. If you buy the$500 phone and choose Plan B, how many months is it until your cost is the same as Plan A's?
Please answer WITHEXPLANATION!

Answers

Answer:

25

Step-by-step explanation:

A = 70*M

B = 500 + 50*M

Costing the same means equal, so we have the equation:

70M = 500 + 50M

-50M           -50M

 

20M = 500

20M / 20 = 500 / 20

m- 25 months

Chris borrowed $2,000 from the bank. The interest rate was 3.5% for 5 years. How much does he owe the bank?

Answers

3,267 dallors that’s how much he owes the bank

which of the following describes the data set? 6,7,11,14,20,30,35

Answers

Answer:

D

The numbers are already in order so you don't need to do anything

Answer:

its b for me but d for yall

Step-by-step explanation:

all you do is count up hope this helps can u mark me brainlest

What is the radius and diameter of the following circle?
16 cm

Answers

Answer:

radius is 16

diameter is 32

Step-by-step explanation:

Your radius is the line starting from the point in the middle to any part of the edge of the circle. A diameter is when there is a long straight line from both ends reaching the edges of the circle crossing the point.

A diameter is just the radius doubled but except it all has to be straight coming reaching both edges.

A radius is half of a diameter.

Answer:

radius = 16 cm

diameter = 32 cm

Step-by-step explanation:

radius = a straight line from the center of the circle to any point on the circle's circumference

We are given the radius (16 cm)

The diameter is equal to twice the length of the radius

So diameter = 16 * 2

16*2=32 so the length of the diameter is 32 cm

How to do subtract 1.7 from 3 show your work

Answers

3-1.7 = 1.3 this should be what your looking for

Multiply (2-5i)(2+5i)

Answers

Answer:

29

Step-by-step explanation:

4 - 25i^2

4 - 25x(-1)

4 + 25 = 29

the ^2 means exponent 2

Solving two-step equations:

106 = 1 + 7n


Answers

move 1 to the other side, making it negative
-1+106=7n
105=7n
divide both sides by 7
n=15

Answer:

n = 15

Step-by-step explanation:

106 = 1 + 7n

1-        1-

-------------------

105 = 7n

÷7       ÷7

------------------

15 = n

your goal is to get the variable by itself

2.8332 rounded to the nearest thousand

Answers

That will be 2.8. Hope this helps

7x+1=3x+9 basic equations

Answers

Answer:

= 2

Step-by-step explanation:

Answer:27

Step-by-step explanation:

choose the equation that describes the relationship in the following table. please answer ASAP ty

Answers

Answer:

C) y = -5x + 32

Step-by-step explanation:

Only choice where the all the x values equal the y values

A factory produces bags of rubber bands. A bag of rubber bands has five different sizes: extra large (XL), large (L), medium (M), small (S), and extra small (XS). A quality control specialist collects a random sample of 450 rubber bands from the bagging machine and calculates a chi-square goodness-of-fit test to see if the frequencies for each size in the sample match the hypothesized distribution. The quality control specialist will test his sample against the following null hypothesis.H0:pXL=0.10,pL=0.20,pM=0.40,pS=0.20,pXS=0.10 How many medium rubber bands are expected in the random sample of 450 rubber bands?

Answers

Answer:

The expected frequency is 90

Step-by-step explanation:

If the given probabilities are taken as observed

pXL=0.10,      450*0.1= 45

pL=0.20,      450*0.2= 90

pM=0.40,     450*0.4= 180

pS=0.20,     450*0.2= 90

pXS=0.10     450*0.1= 45

We can assign the expected frequencies to be 450/5= 90 each

The chi square goodness fit test can be calculated as

Observed    Expected   (o-e)       (o-e)²          (o-e)² /e

45                   90         -45            2025              22.5

90                  90           0                0                    0

180                 90           90             8100               90

90                 90            0              0                         0

45                  90         -45             2025                   22.5    

∑                                                                                135        

χ²= 135

The χ² value at 0.05 is 9.49

The result is significant.

Answer:

180

Just took the test

PLEASE HELP!
Find the area and circumference of the following. Leave in terms of pi. * 2 poir
16
Area = 100pi and Circumference = 50 pi
Area = 256pi and Circumference = 32 pi
Area = 100 pi and Circumference = 55 pi

Answers

Answer:

B. Area = 256pi & Circumference = 32pi

Step-by-step explanation:

Area = pi r^2

A = pi (16)^2

A = 256pi

Circumference = 2pi r

C = 2(pi)(16)

C = 32pi

Please help me with all three. 100 brainly points
WILL MARK BRAINLIEST!

Answers

The solution to the given functions are:

a) f(x) is an even function because f(−x) = f(x)

b) f(x) is an odd function because f(-x) = -f(x)

c) f(x) is neither even nor odd because f(-x) ≠ f(x) nor f(-x) ≠ -f(x)

How to find the even or odd function?

A function f is said to be an even function if f(−x) = f(x), for all x in the domain of f. A function f is said to be an odd function if f(−x) = −f(x), for all x in the domain of f.

a) The function is given as:

f(x) = 2x⁴ - x² - 4

f(-x) = 2(-x)⁴ - (-x)²  - 4

= 2x⁴ - x² - 4

Thus, it is an even function because f(−x) = f(x)

b) The function is given as:

f(x) = 2x³ + ¹/₋ₓ

f(-x) = 2(-x)³ + ¹/₍₋ₓ₎

= -2x - ¹/ₓ

Thus, it is an odd function because f(-x) = -f(x)

c) The function is given as:

f(x) = 2x² - 7x + 10

f(-x) = 2(-x)² - 7(-x) + 10

f(-x) = 2x² + 7x + 10

Thus, it is neither even nor odd because f(-x) ≠ f(x) nor f(-x) ≠ -f(x)

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Three vans can carry
18 adults. How many
adults are in 7 vans?

Answers

Answer:

42

Step-by-step explanation:

18/3= 6

6x7= 42

Answer:

42 with u need me to explain just say it in the comments :) hope this help

Step-by-step explanation:

I would appreciate if someone could help me with this problem and answer it I will give you a brainlist :)

Answers

To me from the picture, all sides look the same. so I’m guessing it’s probably 11

Find the common ratio of the geometric sequence –4, 12, -36,...

Answers

Answer: -3

Step-by-step explanation:

The common ratio of the geometric sequence –4, 12, -36,... is -3.

12/(-4) =-3

-36/(12) = -3

They both multiply -3 for the next number.

Tell whether b=6 is a solution of 8b=48

Answers

Answer:

b= 6 for sure

Step-by-step explanation:

Unit 10 circles homework 2 back side

Answers

There’s no question?

what is 1000x45 how do i get the anwser

Answers

Answer:

45000

Step-by-step explanation:

put the equation like this

     1000

   x      45

And multiple form right to left or just take 45 and add 3 0's because anything multiplied by 1 is what number u multiplied it by

Answer:45000

Step-by-step explanation:

so you know that 10x45=450 just add 2 more zeros and thats ur answer may i be marked brainliest

Write the equation of the line (in point-slope form) that passes through the point (3, -4) and has a slope of 6.

Answers

Answer:

y+4=6(x-3)

Step-by-step explanation:

y-y1=m(x-x1)

y-(-4)=6(x-3)

y+4=6(x-3)

Question 9 of 10
Thurston deposited $8400 into a savings account that earns 2.5% simple
interest each year calculated annually. What is the future value of Thurston's
account after 14 years?
A. $2940
B. $19,740
C. $11,340
D. $8610
SUBMIT

Answers

Answer:$11,340

Step-by-step explanation:

If Thurston deposited $8400 into a savings account that earns 2.5% simple

interest each year calculated annually. What is the future value of Thurston's  account after 14 years will be is C. $11,340

Using this formula

Future value=Principal+[(Principal ×Rate ×Time)÷100]

Where:

Principal=$8,400

Rate=2.5%

Time=14 years

Let plug in the formula

Future valve=$8,400+[($8,400×2.5%×14)÷100]

Future valve=$8,400+($294,000÷100)

Future valve=$8,400+$2,940

Future valve=$11,340

Inconclusion if Thurston deposited $8400 into a savings account that earns 2.5% simple  interest each year calculated annually. What is the future value of Thurston's  account after 14 years will be is C. $11,340

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