Solve x/4 > 2 Question 10 options: x ≥ 8 x < –8 x > 8 x ≤ –8

Answers

Answer 1

Answer:

x > 8

Step-by-step explanation:

You can start y multiplying both sides by 4 to cancel out the division by 4:

x/4 > 2

*4      *4

x > 8

Answer 2

Answer:

x > 8

Step-by-step explanation:

x/4 > 2

=> x > 2 × 4

=> x > 8


Related Questions

A friend wants to buy a pool and has two places she wants to purchase the pool with the largest volume which pool should she buy a rectangular pool that is 20' x 15' in 54 inches deep or a cylindrical pool that has a 3.3 m radios and is 1.8 m deep

Answers

Answer:

20'×15 in 54 inches

Step-by-step explanation:

The Best as a pool should be rectangular in shape and 54inches deep for safety of life's

The volume of the rectangular pool that is 20' x 15' in 54 inches deep is largest.

What is the volume of a cylinder?

The volume of the cylinder is the product of the height, pie, and square of the radius.

The volume of the cylinder = [tex]\pi r^{2}[/tex]h

The volume of the cylindrical pool that has a 3.3 m radius and is 1.8 m deep is;

=  [tex]\pi r^{2}[/tex]h

[tex]= 3.14 (3.3)^2 (1.8)\\\\= 61.55 m^3[/tex]

The volume of the rectangular pool that is 20' x 15' in 54 inches deep ;

V = 20 x 15 x 54

V = 16,200 cubic meter.

The volume of the rectangular pool that is 20' x 15' in 54 inches deep is largest.

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Find the value of x in each case and give an explanation plzzz, thank youu :)

Answers

Answer:

Step-by-step explanation:

the arrows from the picture tells us that TV is parallel to RS

since TS is a transversal that cuts the 2 parallel lines TV and RS than ∠S =x

(alternate interior angles)

sum of angles in a Δ is 180° so x+x+2x = 180°, 4x =180°, x= 45°

2x = 45*2 = 90°

Answer ASAP
Will give brainliest!

Answers

More information pleaseeeeeeee

which transformation of the red triangle on the graph maps it into the missing peice of the square?​
A. a translation 16 units right
B. a reflection across the y-axis
C. a 90° counterclockwise rotation about the origin
D. a 90° clockwise rotation about the origin
E. a 180° rotation about the origin

Answers

Answer:

D

The missing piece (triangle) is facing right side up but the red triangle has its point facing left

TO get it facing up, turn it by 90 degrees clockwise

Triangles P Q R and S T U are shown. Angles P R Q and T S U are right angles. The length of P Q is 20, the length of Q R is 16, and the length of P R is 12. The length of S T is 30, the length of T U is 34, and the length of S U is 16.
Using the side lengths of △PQR and △STU, which angle has a sine ratio of Four-fifths?

∠P
∠Q
∠T
∠U

Answers

Answer:

[tex]\angle P[/tex]

Step-by-step explanation:

Given

[tex]\triangle PRQ = \triangle TSU = 90^o[/tex]

[tex]PQ = 20[/tex]     [tex]QR = 16[/tex]    [tex]PR = 12[/tex]

[tex]ST = 30[/tex]       [tex]TU = 34[/tex]    [tex]SU = 16[/tex]

See attachment

Required

Which sine of angle is equivalent to [tex]\frac{4}{5}[/tex]

Considering [tex]\triangle PQR[/tex]

We have:

[tex]\sin(P) = \frac{QR}{PQ}[/tex] --- i.e. opposite/hypotenuse

So, we have:

[tex]\sin(P) = \frac{16}{20}[/tex]

Divide by 4

[tex]\sin(P) = \frac{4}{5}[/tex]

Hence:

[tex]\angle P[/tex] is correct

Answer:

A or <P

Step-by-step explanation:

on edge 2021

convert 2m 50cm 15mm in cm

Answers

Answer:

251.5 cm

Step-by-step explanation:

1 m = 100 cm

1 cm = 10 mm

2 m + 50 cm + 15 mm =

= 2 m * (100 cm)/m + 50 cm + 15 mm * (1 cm)/(10 mm)

= 200 cm + 50 cm + 1.5 cm

= 251.5 cm

Which number produces an irrational number when added to 0.4

Answers

Answer:

0.31311311131111....

Step-by-step explanation:

We need to tell a number which when adds to 0.4 makes it a Irrational Number . We know that ,

Rational number :- The number in the form of p/q where p and q are integers and q is not equal to zero is called a Rational number .

Irrational number :- Non terminating and non repeating decimals are called irrational number .

Recall the property that :-

Property :- Sum of a Rational Number and a Irrational number is Irrational .

So basically here we can add any Irrational number to 0.4 to make it Irrational . One Irrational number is ,

[tex] \rm\implies Irrational\ Number = 0.31311311131111... [/tex]

So when we add this to 0.4 , the result will be Irrational . That is ,

[tex] \rm\implies 0.4 + 0.31311311131111 ... = 0.731311311131111 .. [/tex]

The answer is gonna be 0.3

According to the WHO MONICA Project the mean blood pressure for people in China is 128 mmHg with a standard deviation of 23 mmHg (Kuulasmaa, Hense & Tolonen, 1998). Assume that blood pressure is normally distributed.
a.) State the random variable.
b.) Find the probability that a person in China has blood pressure of 135 mmHg or more.
c.) Find the probability that a person in China has blood pressure of 141 mmHg or less.
d.) Find the probability that a person in China has blood pressure between 120 and 125 mmHg.
e.) Is it unusual for a person in China to have a blood pressure of 135 mmHg? Why or why not?
f.) What blood pressure do 90% of all people in China have less than?

Answers

Answer:

a) Mean blood pressure for people in China, which has mean 128 and standard deviation 23.

b) 0.3821 = 38.21% probability that a person in China has blood pressure of 135 mmHg or more.

c) 0.714 = 71.4% probability that a person in China has blood pressure of 141 mmHg or less.

d) 0.0851 = 8.51% probability that a person in China has blood pressure between 120 and 125 mmHg.

e) Since |Z| = 0.3 < 2, it is not unusual for a person in China to have a blood pressure of 135 mmHg.

f) 90% of all people in China have a blood pressure of less than 157.44 mmHg.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

The mean blood pressure for people in China is 128 mmHg with a standard deviation of 23 mmHg

This means that [tex]\mu = 128, \sigma = 23[/tex]

a.) State the random variable.

Mean blood pressure for people in China, which has mean 128 and standard deviation 23.

b.) Find the probability that a person in China has blood pressure of 135 mmHg or more.

This is 1 subtracted by the p-value of Z when X = 135, so:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{135 - 128}{23}[/tex]

[tex]Z = 0.3[/tex]

[tex]Z = 0.3[/tex] has a p-value of 0.6179.

1 - 0.6179 = 0.3821

0.3821 = 38.21% probability that a person in China has blood pressure of 135 mmHg or more.

c.) Find the probability that a person in China has blood pressure of 141 mmHg or less.

This is the p-value of Z when X = 141, so:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{141 - 128}{23}[/tex]

[tex]Z = 0.565[/tex]

[tex]Z = 0.565[/tex] has a p-value of 0.7140.

0.714 = 71.4% probability that a person in China has blood pressure of 141 mmHg or less.

d.) Find the probability that a person in China has blood pressure between 120 and 125 mmHg.

This is the p-value of Z when X = 125 subtracted by the p-value of Z when X = 120, so:

X = 125

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{125 - 128}{23}[/tex]

[tex]Z = -0.13[/tex]

[tex]Z = -0.13[/tex] has a p-value of 0.4483.

X = 120

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{120 - 128}{23}[/tex]

[tex]Z = -0.35[/tex]

[tex]Z = -0.35[/tex] has a p-value of 0.3632.

0.4483 - 0.3632 = 0.0851

0.0851 = 8.51% probability that a person in China has blood pressure between 120 and 125 mmHg.

e.) Is it unusual for a person in China to have a blood pressure of 135 mmHg? Why or why not?

From item b, when X = 135, Z = 0.3.

Since |Z| = 0.3 < 2, it is not unusual for a person in China to have a blood pressure of 135 mmHg.

f.) What blood pressure do 90% of all people in China have less than?

The 90th percentile, which is X when Z has a p-value of 0.9, so X when Z = 1.28.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]1.28 = \frac{X - 128}{23}[/tex]

[tex]X - 128 = 1.28*23[/tex]

[tex]X = 157.44[/tex]

90% of all people in China have a blood pressure of less than 157.44 mmHg.

A survey sampled men and women workers and asked if they expected to get a raise or promotion this year. Suppose the survey sampled 200 men and 200 women. If 98 of the men replied Yes and 72 of the women replied Yes, are the results statistically significant so that you can conclude a greater proportion of men expect to get a raise or a promotion this year?

a. State the hypothesis test in terms of the population proportion of men and the population proportion of women.
b. What is the sample proportion for men? For women?
c. Use α= 0.01 level of significance. What is the p-value and what is your conclusion?

Answers

Answer:

a)

The null hypothesis is: [tex]H_0: p_M - p_W = 0[/tex]

The alternative hypothesis is: [tex]H_1: p_M - p_W > 0[/tex]

b) For men is of 0.49 and for women is of 0.36.

c) The p-value of the test is 0.0039 < 0.01, which means that the results are statistically significant so that you can conclude a greater proportion of men expect to get a raise or a promotion this year.

Step-by-step explanation:

Before solving this question, we need to understand the central limit theorem and subtraction of normal variables.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]

Subtraction between normal variables:

When two normal variables are subtracted, the mean is the difference of the means, while the standard deviation is the square root of the sum of the variances.

Men:

98 out of 200, so:

[tex]p_M = \frac{98}{200} = 0.49[/tex]

[tex]s_M = \sqrt{\frac{0.49*0.51}{200}} = 0.0353[/tex]

Women:

72 out of 200, so:

[tex]p_W = \frac{72}{200} = 0.36[/tex]

[tex]s_W = \sqrt{\frac{0.36*0.64}{200}} = 0.0339[/tex]

a. State the hypothesis test in terms of the population proportion of men and the population proportion of women.

At the null hypothesis, we test if the proportion are similar, that is, if the subtraction of the proportions is 0, so:

[tex]H_0: p_M - p_W = 0[/tex]

At the alternative hypothesis, we test if the proportion of men is greater, that is, the subtraction is greater than 0, so:

[tex]H_1: p_M - p_W > 0[/tex]

b. What is the sample proportion for men? For women?

For men is of 0.49 and for women is of 0.36.

c. Use α= 0.01 level of significance. What is the p-value and what is your conclusion?

From the sample, we have that:

[tex]X = p_M - p_W = 0.49 - 0.36 = 0.13[/tex]

[tex]s = \sqrt{s_M^2+s_W^2} = \sqrt{0.0353^2 + 0.0339^2} = 0.0489[/tex]

The test statistic is:

[tex]z = \frac{X - \mu}{s}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, and s is the standard error, so:

[tex]z = \frac{0.13 - 0}{0.0489}[/tex]

[tex]z = 2.66[/tex]

P-value of the test and decision:

The p-value of the test is the probability of finding a difference above 0.13, which is the p-value of z = 2.66.

Looking at the z-table, z = 2.66 has a p-value of 0.9961.

1 - 0.9961 = 0.0039.

The p-value of the test is 0.0039 < 0.01, which means that the results are statistically significant so that you can conclude a greater proportion of men expect to get a raise or a promotion this year.

HELP PLEASE BE CORRECT

Answers

Answer:

12

Step-by-step explanation:

Scale factor of 4

CD = 3

3 · 4 = 12

Length of C'D' is 12 units

Answer:

12 units

Step-by-step explanation:

The original segment CD = 3 units

Scale factor is 4.

3 x 4 = 12

A certain manufacturing process yields electrical fuses of which, in the long run
15% are defective. Find the probability that in a random sample of size n=10, fuses
selected from this process, there will be
(i) No defective fuse
(ii) At least one defective fuse
(iii) Exactly two defective fuses
(iv) At most one defective fuse

Answers

Answer:

i) 0.1969 = 19.69% probability that there will be no defective fuse.

ii) 0.8031 = 80.31% probability that there will be at least one defective fuse.

iii) 0.2759 = 27.59% probability that there will be exactly two defective fuses.

iv) 0.5443 = 54.43% probability that there will be at most one defective fuse.

Step-by-step explanation:

For each fuse, there are only two possible outcomes. Either it is defective, or it is not. The probability of a fuse being defective is independent of any other fuse, 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.

15% are defective.

This means that [tex]p = 0.15[/tex]

We also have:

[tex]n = 10[/tex]

(i) No defective fuse

This is [tex]P(X = 0)[/tex]. So

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

[tex]P(X = 0) = C_{10,0}.(0.15)^{0}.(0.85)^{10} = 0.1969[/tex]

0.1969 = 19.69% probability that there will be no defective fuse.

(ii) At least one defective fuse

[tex]P(X \geq 1) = 1 - P(X = 0)[/tex]

We already have P(X = 0) = 0.1969, so:

[tex]P(X \geq 1) = 1 - 0.1969 = 0.8031[/tex]

0.8031 = 80.31% probability that there will be at least one defective fuse.

(iii) Exactly two defective fuses

This is P(X = 2). So

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

[tex]P(X = 2) = C_{10,2}.(0.15)^{2}.(0.85)^{8} = 0.2759[/tex]

0.2759 = 27.59% probability that there will be exactly two defective fuses.

(iv) At most one defective fuse

This is:

[tex]P(X \leq 1) = P(X = 0) + P(X = 1)[/tex]. So

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

[tex]P(X = 0) = C_{10,0}.(0.15)^{0}.(0.85)^{10} = 0.1969[/tex]

[tex]P(X = 1) = C_{10,1}.(0.15)^{1}.(0.85)^{9} = 0.3474[/tex]

Then

[tex]P(X \leq 1) = P(X = 0) + P(X = 1) = 0.1969 + 0.3474 = 0.5443[/tex]

0.5443 = 54.43% probability that there will be at most one defective fuse.

URGENT!!!!!! 15 POINTDS

Answers

Answer:

Option C

Step-by-step explanation:

thankful that there are graphing tools. see screenshot

I’m pretty sure it’s c

Use the figure to find y.

Answers

Tanθ =sin /cos

tan θ = 5/2 / y

tan (30°) = 5/2 /y

[tex]y = \frac{5 \sqrt{3} }{2} [/tex]

y=4.33

Complete the input-output table:

x 3x + 7

0
4
8
14

Answers

Step-by-step explanation:

When x = 0,

3x + 7

= 3 ( 0 ) + 7

= 0 + 7

= 7

When x = 4,

3x + 7

= 3 ( 4 ) + 7

= 12 + 7

= 19

When x = 8,

3x + 7

= 3 ( 8 ) + 7

= 24 + 7

= 31

When x = 14,

3x + 14

= 3 ( 14 ) + 14

= 14 ( 3 + 1 )

= 14 ( 4 )

= 56

what's a divisor a dividend and a quotient

Answers

Quotient is the correct answer

If f(x) = x
2−3x+1
x−1
find f(-1) and f(-3)

Answers

Answer:

f(-1) = 2-3(-1) +1

= 7

f(-3)= 2-3(-3)+1

= 12

f(-1) = -1-1

= -2

f(-3) = -3-1

= -4

a.
What is 46.7% of
4/5?

Answers

Answer:

0.3736

Step-by-step explanation:

46.7 percent of  [tex]\frac{4}{5}[/tex] is 0.3736.

What is the percentage?A percentage is a figure or ratio stated as a fraction of 100 in mathematics. Although the abbreviations "pct," "pct," and occasionally "pc" are also used, the percent sign, " percent ", is frequently used to signify it. A % is a number without dimensions and without a standard measurement.What is a fraction?A number is stated as a quotient in mathematics when the numerator and denominator are divided. Both are integers in a simple fraction. A fraction appears in the numerator or denominator of a complex fraction. The numerator of a proper fraction is less than the denominator.Solution  -

To find 46.7% of [tex]\frac{4}{5}[/tex].

So,

[tex]\frac{46.7}{100}[/tex] × [tex]\frac{4}{5}[/tex]

[tex]\frac{0.467}{100}[/tex] × [tex]\frac{4}{5}[/tex]

⇒ [tex]0.3736[/tex]

Therefore,  46.7% of  [tex]\frac{4}{5}[/tex] is 0.3736.

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Which equation represents the parabola with focus (8, 4) and vertex (8, 2)

Answers

Answer:

Step-by-step explanation:

The focus lies above the vertex, so the parabola opens upwards.

Determine if the sequence below is arithmetic or
geometric and determine the common difference / ratio in
simplest form.
3, 8, 13, ..
(PLEASE HELPP)

Answers

9514 1404 393

Answer:

  arithmetic; common difference of 5

Step-by-step explanation:

It usually works well to check differences first. Here, they are ...

  8 -3 = 5

  13 -8 = 5

These are the same value, so the sequence is arithmetic with a common difference of 5.

Find mBFE, help ASAP!!!

Answers

Answer: C

<BFE is 148 degrees

Step-by-step explanation:

We have angles <BFC (57 degrees) and <CFD (34 degrees), but what is <DFE?

1. The angle symbol in the vertexes shows that <BFC is congruent to <DFE, meaning that they are the same

2. Knowing this, we can safely say that <DFE is equal to 57 degrees because <BFC is also 57 degrees.

3. Now, we have all the angles we need to find out <BFE.

4. <BFC+<CFD+<DFE=<BFE

5. Substitute to get

57+34+57=<BFE

91+57=<BFE

148=<BFE

6. Now we know that the answer is 148 degrees.

Peter, Jan, and Maxim are classmates. Their total score for the last test was 269. Peter's score was more than the sum of Jan's and Maxim's scores. What could be Peter's least possible score?

Answers

Answer:

135

Step-by-step explanation:

Given that :

Total score obtained by Peter, Jan and Maxim = 269

Let :

Peter's score = x

Jan's score = y

Maxim's score = z

x + y + z = 269

x > (y + z)

For x to be greater Than y + z ;

Then x > (269 / 2) ; x > 134.5

The least possible x score is 135

Hence, Peter's least possible score is 135.

What is the index of the radical below?
√10

A. 5
B. 9
C. 2
D. 10​

Answers

A because the the radical of 10 is 5 and 2
Answer: Index = 2 Radical = 10

Martha ran a 3-mile race in 24 minutes. how long does it take her to run 1 mile?

Answers

Answer:

8 minuets

Step-by-step explanation:

24min/3miles = 8

Answer:

8 minutes.

Step-by-step explanation:

If we divide 24 minutes by 3 miles, your answer will be 8 minutes.

A town recently dismissed 10 employees in order to meet their new budget reductions. The town had 7 employees over 50 years of age and 18 under 50. If the dismissed employees were selected at random, what is the probability that exactly 5 employees were over 50

Answers

Answer:

0.055 = 5.5% probability that exactly 5 employees were over 50.

Step-by-step explanation:

The employees are dismissed from the sample without replacement, which means that the hypergeometric distribution is used to solve this question.

Hypergeometric distribution:

The probability of x successes is given by the following formula:

[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]

In which:

x is the number of successes.

N is the size of the population.

n is the size of the sample.

k is the total number of desired outcomes.

Combinations formula:

[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]

In this question:

Total of 7 + 18 = 25 employees, which means that [tex]N = 25[/tex]

7 over 50, which means that [tex]k = 7[/tex]

10 were dismissed, which means that [tex]n = 10[/tex]

What is the probability that exactly 5 employees were over 50?

This is P(X = 5). So

[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]

[tex]P(X = 5) = h(5,25,10,7) = \frac{C_{7,5}*C_{18,5}}{C_{25,10}} = 0.055[/tex]

0.055 = 5.5% probability that exactly 5 employees were over 50.

❤✔

PLEASE HELP ME MAKE SURE YOUR ANSWER IS RIGHT BEFORE ANSWERING

Answers

Answer:

Always. Always.

Step-by-step explanation:

All circles conform to the same equations such as using pie to calculate circumference. Unlike a rectangle, for example, all ratios used in a circle are the same.

Find the equation of line b in​ slope-intercept form. Line a is parallel to line b. Line a passes through the points (1,8) and (2,-1), line b passes through the point (4,13)

Answers

9514 1404 393

Answer:

  y = -9x +49

Step-by-step explanation:

The slope of line b is the same as the slope of line a. That can be found using the slope formula:

  m = (y2 -y1)/(x2 -x1)

  m = (-1 -8)/(2 -1) = -9

The y-intercept can be found from the given point using the formula ...

  b = y - mx

  b = 13 -(-9)(4) = 13 +36 = 49

Then the slope-intercept equation of line b is ...

  y = -9x +49

Find the interest on the loan using the Banker's rule. P= $8550. r=8.8%, t= 105 days The interest on the loan using the Banker's rule is $​

Answers

The answer is $9474 because if you add p with r and multiple it by t you get 9474

20 points Surd question Work out the area of the triangle. ABC

Answers

Answer:

sqrt( 150)

Step-by-step explanation:

it can also be 5sqrt(6)

The solution is,  the area of the triangle. ABC is 10 cm^2.

What is area ?

Area is the measure of a region's size on a surface. The area of a plane region or plane area refers to the area of a shape or planar lamina, while surface area refers to the area of an open surface or the boundary of a three-dimensional object.

here, we have,

from the given diagram, we get,

we have to find the area of the triangle. ABC

now, we have,

using the Pythagorean theorem, we get,

BD = √AB² - AD²

     =√50 - 45

     =√5

now, we know that,

area of triangle = 1/2 * base * height

                          = 1/2 * √5 * 4√5

                          = 10

Hence, The solution is,  the area of the triangle. ABC is 10 cm^2.

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Which expression represents the total volume of the pictures shown if each cube has a side length of e?

Answers

Answer: I believe that you have to do e^3 to find the volume of a cube.

If you had the side, you would do a^3 (a stands for the side length)

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

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 !!
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