Riley wants to buy a car and has a choice between two different banks. One bank is offering a simple interest rate of 4.5% and the other bank is offering a rate of 4.5% compounded annually. Which is the better deal?

Answers

Answer 1
the bank that offers compound interest should get Riley more money.

let's assume he puts 10,000 in each account, and he is saving for 10 years.

the account that gives him simple interest will give him .045 * 10,000 * 10 = 4500 in interest, which gives him a total of 14,500 at the end of 10 years.

the account that gives him annual compound interest will give him 10,000 * 1.045 ^ 10 = 15,529.69422 at the end of the 10 years.

the difference is that he is earning interest on his interest in the annual compound account, while he is only earning interest on his principal in the simple interest account.

Hope this helps. Good luck !!

Related Questions


Pls help me? I’m struggling

Answers

Answer: Number 1 is 150

Step-by-step explanation: If you put 72 / 48% in your calculator, you will get your answer.

Which equation does the graph represent?

A. x^2 + y^2 = 4

B. x^2/3^2 + y^2/4^2 = 1

C. (X - 1)^2 / 3^2 + y^2/4^2 = 1

D.X^2 / 4^2 + (y + 1)^2 / 3^2 = 1

Answers

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Answer:

  B.  x^2/3^2 + y^2/4^2 = 1

Step-by-step explanation:

The graph looks like a circle, but is not. It is a unit circle scaled by a factor of 3 in the x-direction and a factor of 4 in the y-direction. Thus, its equation is ...

  (x/3)^2 +(y/4)^2 = 1

  x^2/3^2 +y^2/4^2 = 1

My flvs teacher said that she was asked to hold off on grading my assignment. She will give me a call back when when gets more information. Anyone have the same problem?

Answers

Answer:

yeah, teachers kinda suck

A quality control inspector has drawn a sample of 18 light bulbs from a recent production lot. If the number of defective bulbs is 1 or more, the lot fails inspection. Suppose 30% of the bulbs in the lot are defective.

Required:
What is the probability that the lot will pass inspection?

Answers

Answer:

0.0016 = 0.16% probability that the lot will pass inspection.

Step-by-step explanation:

For each bulb, there are only two possible outcomes. Either it is defective, or it is not. The probability of a bulb being defective is independent of any other bulb, which means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

Sample of 18 light bulbs

This means that [tex]n = 18[/tex]

30% of the bulbs in the lot are defective.

This means that [tex]p = 0.3[/tex]

What is the probability that the lot will pass inspection?

It will pass inspection if there are no defective bulbs, that is, we have to find P(X = 0). So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{18,0}.(0.3)^{0}.(0.7)^{18} = 0.0016[/tex]

0.0016 = 0.16% probability that the lot will pass inspection.

Rationalize the denominator and simplify

Answers

Answer:

x² - √3x / x² - 3

Step-by-step explanation:

To Do :-

To rationalize the denominator .

Solution :-

We need to rationalize ,

x/ x + √3

Multiply numerator and denominator by x-√3 :-

x( x - √3 ) / ( x +√3)( x -√3) x² - √3x / (x)² - (√3)² x² - √3x / x² - 3

Use the definition of a Taylor series to find the first four nonzero terms of the series for f(x) centered at the given value of a. (Enter your answers as a comma-separated list.)
f(x) = 7/1+x a=2

Answers

If f(x) = 7/(1 + x), then

f (2) = 7/3

f '(x) = -7/(x + 1)²   ==>   f ' (2) = -7/9

f ''(x) = 14/(x + 1)³   ==>   f '' (2) = 14/27

f '''(x) = -42/(x + 1)⁴   ==>   f ''' (2) = -14/27

Then the Taylor series of f(x) about a = 2 is

7/3 + 1/1! (-7/9) (x - 2) + 1/2! (14/27) (x - 2)² + 1/3! (-14/27) (x - 2)³

= 7/3 - 7/9 (x - 2) + 7/27 (x - 2)² - 7/81 (x - 2)³

Think of a two-digit number. What is the probability that it has different digits?

Answers

Answer:

9/10

Step-by-step explanation:

The first two digit number is 10 and the last is 99. That's a total of 99-10+1 numbers in all. That simplifies to 90. (Just like if we wanted to see how many numbers was 3,4,5, we would do 5-3+1=3 to get the total number.

Anyways, let's consider first how many 2 digjt numbers whose digits are equal. You have 11 22,33,44 55,66,77,88,99 which is 9 numbers total.

So the amount of 2 digits number whose digits differ is 90-9=81.

The probability that a 2 digit number have different digits is 81/90.

This can reduce. Divide top and bottom by 9 giving 9/10.

Which inequality is shown in the graph?
I need help plz

Answers

Answer:

I am pretty sure it is B.

Step-by-step explanation:

This is a line with a positive slope, therefore we can discard c and d.

the sign < will mean that the shaded in area will be on your right side.

Which of the following scatterplots do not show a clear relationship and would not have a trend line?

Answers

Answer:

the second one

Step-by-step explanation:

it is not going in any general direction

Answer:

B

Step-by-step explanation:

if (a + b) = 73 and a b =65 find value of a²+ b²​

Answers

Step-by-step explanation:

Here,

by formula a^2+b^2=(a+b)^2-2ab

so,

or,(a+b)^2-2ab

or,(73)^2-2×65

or,5329-126

=5203 is the answer

12,963 rounded to the nearest hundredth

Answers

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Answer:

12,963.00 (in the US)12,96 (some other places)

Step-by-step explanation:

In the US, a decimal point is represented by a period. This value is interpreted as an integer with no fractional part, so the fractional part is zero:

 12,963.00

__

Some other places, a comma is used to identify the beginning of the decimal fraction. In that form, this number has a fractional part that has 3 as its thousandths digit. The value of 3 is less than 5, so the number is simply truncated at the hundredths place.

  12,96

If the thousandths digit were 5 or greater, then 1 hundredth would be added to the truncated number.

Zelina scored 10% higher on her second quiz than on her first quiz. On her third quiz, Zelina scored 20% higher than on her second quiz. Her third quiz score is what percent higher than her first quiz score?

Answers

Answer:

30%

Step-by-step explanation:

you just add 10% and 20%

Hope it helps c:

Zelina scored 32% higher on the third quiz than on her first quiz.

What is the percentage?

The Percentage is defined as representing any number with respect to 100. It is denoted by the sign %.

Given that:-

Zelina scored 10% higher on her second quiz than on her first quiz. On her third quiz, Zelina scored 20% higher than on her second quiz.

From the given data we will see that:-

1 ) Zelina scored 10% higher on her second quiz than on her first quiz.

SQ = 1.10 FQ

2 ) On her third quiz, Zelina scored 20% higher than on her second quiz

TQ = 1.20SQ

From the above to expression solve for the first quiz:-

TQ = 1.20 x  1.10 FQ

TQ = 1.32FQ

Therefore Zelina scored 32% higher on the third quiz than on her first quiz.

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Solve the system using substitution. x+y=-2 and x-y=-8

Answers

Answer:

1) x+y=-2

x=-2-y

2) x-y=-8

substitude value of x

(-2-y)-y=-8

-2-2y=-8

-2y=-6

y=3

Substitute value of y in 1

x=-2-3

x=-5

Brainliest please~

There is a rack of 15 billiard balls. Balls numbered 1 through 8 are solid-colored. Balsa numbered 9 through 15 contain stripes. If one ball is selected at random, determine the odds for it being striped.

Answers

If one ball is selected at random, the odds for it being striped are 7 out of 15, or 7/15.

What do we know?

We know that there are 15 billiard balls.

We also know that balls numbered 1 through 8 are solid-colored, so we have 8 solid-colored balls.

And the other 7 balls are striped.

Now we want to find the probability for a randomly selected ball to be a striped ball.

Because all the balls have the same probability of being randomly selected, the probability of randomly selecting a striped ball is equal to the quotient between the number of striped balls (7) and the total number of balls (15).

Then we have:

P = 7/15 = 0.467

That quotient is also what is called the "odds"

So if one ball is selected at random, the odds for it being striped are 7 out of 15, or 7/15.

If you want to learn more, you can read:

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On her summer abroad in France, Jane bought a pair of shoes for 54.82 euros. The store owner only had francs to give her as change. She gave him 55 euros. How much did he give her back in francs

Answers

Answer:

0.19

Step-by-step explanation:

Jane bought a shoe for 54.82 euros

She gave the store owner 55 euros

= 55-54.82

= 0.18 euros to franc

= 0.18× 1.08222

= 0.19 franc

The soil samples for the next field indicate that fertilizer coverage needs to be
greater. To achieve this, you need to increase flow rate. How would you achieve
this?
A. Increase speed to approximately 7.1 mph so that you cover the field more
quickly
B. Increase the engine speed to approximately 2,000 rpm
C. Decrease speed to approximately 6.0 mph so that you cover the field more
slowly
D. Shift to second gear so that the engine speed slows

Answers

Answer:

A. Increase speed to approximately 7.1 mph so that you cover the field more.

Step-by-step explanation:

The soil samples for the next field require more fertilizer coverage therefore there is need for more field coverage by the equipment. The speed of the tractor will be increase to 7.1 mph so that greater area can be covered in lesser time.

What is the answer to this question in the picture

Answers

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Answer:

  [tex]\displaystyle\sqrt{x+7}-\log{(x+2)}[/tex]

Step-by-step explanation:

It's pretty straightforward. You want ...

  f(x) - g(x)

Substituting the given function definitions gives ...

  [tex]\displaystyle\boxed{\sqrt{x+7}-\log{(x+2)}}[/tex]

Use the t-distribution to find a confidence interval for a mean mu given the relevant sample results. Give the best point estimate for mu, the margin of error, and the confidence interval. Assume the results come from a random sample from a population that is approximately normally distributed. A 95% confidence interval for mu using the sample results x-bar equals 76.4, s = 8.6, and n = 42.

Point estimate = ?
Margin of error = ?

Answers

Answer:

Point estimate = 76.4

Margin of Error = 2.680

Step-by-step explanation:

Given that distribution is approximately normal;

The point estimate = sample mean, xbar = 76.4

The margin of error = Zcritical * s/√n

Tcritical at 95%, df = 42 - 1 = 41

Tcritical(0.05, 41) = 2.0195

Margin of Error = 2.0195 * (8.6/√42)

Margin of Error = 2.0195 * 1.327

Margin of Error = 2.67989

Margin of Error = 2.680

Y=2.5x+5.8
When x=0.6

Answers

Answer:

7.3

Step-by-step explanation:

y=2.5x+5.8

=2.5×0.6+5.8

= 1.5+.8

=7.3

Get covkfjcuciudifvv

Simplify.
Multiply and remove all perfect squares from inside the square roots. Assume z is positive.
√z ∗ √30z^2 ∗ √35z^3

Answers

Answer:

Step-by-step explanation:

You need to put parentheses around the radicands.

√z · √(30z²) · √(35z³) = √(z·30z²·35z³)

= √(1050z⁶)

= √(5²·42z⁶)

= √5²√z⁶√42

= 25z³√42

The obtained expression would be 25z³√42 which is determined by the multiplication of the terms of expression.

What is Perfect Square?

A perfect Square is defined as an integer multiplied by itself to generate a perfect square, which is a positive integer. Perfect squares are just numbers that are the products of integers multiplied by themselves.

What are Arithmetic operations?

Arithmetic operations can also be specified by adding, subtracting, dividing, and multiplying built-in functions. The operator that performs the arithmetic operations is called the arithmetic operator.

* Multiplication operation: Multiplies values on either side of the operator

For example 4*2 = 8

We have been the expression as:

⇒ √z · √(30z²) · √(35z³)

Multiply and remove all perfect squares from inside the square roots

⇒ √(z·30z²·35z³)

⇒ √(1050z⁶)

⇒ √(5²·42z⁶)

Assume z is positive.

⇒ √5²√z⁶√42

⇒ 25z³√42

Therefore, the obtained expression would be 25z³√42.

Learn more about Arithmetic operations here:

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establish this identity

Answers

Answer:

see explanation

Step-by-step explanation:

Using the identities

tan x = [tex]\frac{sinx}{cosx}[/tex] , sin²x = 1 - cos²x

sin2x = 2sinxcosx

Consider left side

cosθ × sin2θ

= [tex]\frac{sin0}{cos0}[/tex] × 2sinθcosθ ( cancel cosθ )

= 2sin²θ

= 2(1 - cos²θ)

= 2 - 2cos²θ

= right side , then established

Two containers designed to hold water are side by side, both in the shape of a
cylinder. Container A has a diameter of 10 feet and a height of 8 feet. Container B has
a diameter of 12 feet and a height of 6 feet. Container A is full of water and the water
is pumped into Container B until Container A is empty.
To the nearest tenth, what is the percent of Container B that is empty after the
pumping is complete?
Container A
play
Container B
10
d12
8
h6
O

Answers

Answer: Volume of Cylinder A is                          pi times the area of the base times the height

                                                             π r2 h = (3.1416)(4)(4)(15) = 753.98 ft3

Volume of Cylinder B is likewise             pi times the area of the base times the height

                                                             π r2 h = (3.1416)(6)(6)(7)   = 791.68 ft3

After pumping all of Cyl A into Cyl B

there will remain empty space in B         791.68 – 753.98 = 37.7 ft3  

The percentage this empty space is

of the entire volume is                            37.7 / 791.68 = 0.0476 which is 4.8% when rounded to the nearest tenth  

.

Step-by-step explanation: I hope that help you.

Answer:  7.4%

Note: you may not need to type in the percent sign.

===========================================================

Explanation:

Let's find the volume of water in container A.

Use the cylinder volume formula to get

V = pi*r^2*h

V = pi*5^2*8

V = 200pi

The full capacity of tank A is 200pi cubic feet, and this is the amount of water in the tank since it's completely full.

We have 200pi cubic feet of water transfer to tank B. We'll keep this value in mind for later.

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

Now find the volume of cylinder B

V = pi*r^2*h

V = pi*6^2*6

V = 216pi

Despite being shorter, tank B can hold more water (since it's more wider).

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

Now divide the results of each section

(200pi)/(216pi) = 200/216 = 25/27 = 0.9259 = 92.59%

This shows us that 92.59% of tank B is 200pi cubic feet of water.

In other words, when all of tank A goes into tank B, we'll have tank B roughly 92.59% full.

This means the percentage of empty space (aka air) in tank B at this point is approximately 100% - 92.59% = 7.41%

Then finally, this value rounds to 7.4% when rounding to the nearest tenth of a percent.

If in 1 month you can make 6 carpets, how many days will it take for making 10 carpets?

Si en 1 mes puedes hacer 6 alfombras, ¿cuántos días se necesitarán para hacer 10 alfombras?

Answers

Step-by-step explanation:

6 carpets=1month

10 carpets=?

1month=31 days

10 /6*31

51

Step-by-step explanatio

Solve the equation 10 + y√ = 14

Answers

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Answer:

  y = 16

Step-by-step explanation:

Perhaps you want to solve ...

  10 +√y = 14

  √y = 4 . . . . . . subtract 10

  y = = 16 . . . square both sides

Select the correct answer.
The Richter scale measures the magnitude, M, of an earthquake as a function of its intensity, I, and the intensity of a reference earthquake,
M= log (I/I)
.Which equation calculates the magnitude of an earthquake with an intensity 10,000 times that of the reference earthquake?

Answers

Answer:

[tex]M = \log(10000)[/tex]

Step-by-step explanation:

Given

[tex]M = \log(\frac{I}{I_o})[/tex]

[tex]I = 10000I_o[/tex] ---- intensity is 10000 times reference earthquake

Required

The resulting equation

We have:

[tex]M = \log(\frac{I}{I_o})[/tex]

Substitute the right values

[tex]M = \log(\frac{10000I_o}{I_o})[/tex]

[tex]M = \log(10000)[/tex]

The equation that calculates the magnitude of an earthquake with an intensity 10,000 times that of the reference earthquake is A. M = ㏒10000

Since the magnitude of an earthquake on the Richter sscale is M = ㏒(I/I₀) where

I = intensity of eartquake and I₀ = reference earthquake intensity.

Since we require the magnitude when the intensity is 10,000 times the reference intensity, we have that I = 10000I₀.

Magnitude of earthquake

So, substituting these into the equation for M, we have

M = ㏒(I/I₀)

M = ㏒(10000I₀./I₀)

M = ㏒10000

So, the equation that calculates the magnitude of an earthquake with an intensity 10,000 times that of the reference earthquake is A. M = ㏒10000

Learn more about magnitude of an earthquake here:

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Absolute Value Equations

Answers

Answer:

4 is E, 5 is A

Step-by-step explanation:

4) Divide both sides by 5 to get |2x + 1| = 11, then solve for x to get 5 and -6.

5) Add 7 to both sides to get ½|4x - 8| = 10. Multiply both sides by 2 to get |4x - 8| = 20, then solve for x to get 7 and -3.

If you have a right triangle with legs a =6 and b= 8, what is the value of the hypotenuse? show work.

Answers

Answer:

10

Step-by-step explanation:

1. [tex]6^{2} + 8^{2} = c^{2}[/tex]

2 [tex]100 = c^{2}[/tex]

3. c = 10


1. One half of a number added to a second
number equals 4. One half of the first
number decreased by the second number
equals zero. Find the two numbers.

Answers

Answer:

(4, 2)

Step-by-step explanation:

½x + y = 4

y = 4 - ½x

½x - y = 0

½x - (4 - ½x) = 0

½x - 4 + ½x = 0

x = 4

y = 4 - ½(4)

y = 2

find all the missing measurement​

Answers

Answer:

find all the missing measurement

Please help!

Solve for x

Answers

9514 1404 393

Answer:

  x = 1

Step-by-step explanation:

The product of lengths to the two circle intercepts are the same for each secant.

  7(7+9) = (8x)(8x+6x)

  112 = 112x² . . . simplify

  1 = x² . . . . . . divide by 112

  x = 1 . . . . . . . take the square root (segment lengths are positive)

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