Dion received a paycheck for $800.00 and he wants to invest it in a savings account. A savings account at bank A earns 8% interest compounded monthly and a savings account at bank B earns 9% simple interest. If Dion plans to deposit the $800.00 and leave it in the account for 2 years, at which bank would he earn more interest? A. bank B B. The interest earned cannot be calculated from the given information. C. bank A D. The interest earned at both banks will be the same.

Answers

Answer 1

Answer:

A.    Bank B

Step-by-step explanation:

First the formulae necessary to calculate compound and simple interest

P = principal = amount deposited

r = interest rate as a decimal (i%  interest => r = i/100)

t = number of years

n = number of times compounded

[tex]\text{Compound Interest }= P\left(1 + \dfrac{r}{n}\right)^{nt} - P[/tex]

In this case, we have P = 800
r = 8/100 = 0.08
n = 12 since the interest is compounded monthly
t = 2 years

So compound interest

[tex]CI = 800\left(1 + \dfrac{0.08}{12}\right)^{12 \times 2} - 800\\\\CI = 800(1.00667)^{24} - 800\\\\\\CI = 938.31 - 800\\\\CI = $138.31[/tex]

For Bank B, the interest is calculated at 9% annually and the interest is given by the formula
SI = P x r x t
SI = 800 x 0.09 x 2    (r = 9%/100 = 0.09)

SI =  $144.00

So depositing in bank B is preferred


Related Questions

A new club sent out 152 coupons to boost sales for next year's memberships. They provided 3 times as many to potential members than to existing members. How many coupons did they send to existing members?

Answers

The club has to send 57 coupons to existing members.

Given,

The number of coupons sent out by a new club to boost sales for next year's membership = 152

They provide 3 times as many to potential members than to existing members

We have to find the number of coupons they send to existing members;

Here,

x be the number of coupons to existing members.

Then,

3x = 152

Now,

x = 152/3 = 50.66 ≈ 57

That is,

The club has to send 57 coupons to existing members.

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to collect these data, the researchers randomly selected american households to visit and interviewed the adult member of the household whose birthday was nearest. is this an experiment or an observational study?

Answers

In an observational study, we measure or survey members of a sample without trying to affect them. In an experiment, we assign people or things to groups and apply some treatment to one of the groups, while the other group does not receive the treatment.

This is clearly an observational study

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Measure of angle 1 = 110 degrees. You only need to type 110.

Answers

The unknown angles are as follows:

∠1 = 110°∠2 = 70°∠3 = 110°∠4 = 70°∠5 = 110°∠6 = 70°∠7 = 110°∠8 = 70°How to find angles?

When parallel lines are cut by a transversal line, angle relationships are formed such as corresponding angles, linear angles, alternate angles etc.

Therefore,

∠1 = 110 degrees

∠2 = 180 - 110 (sum of angles on a straight line)

∠2 = 70°

∠3 = ∠1 (vertically opposite angles)

Vertically opposite angles are congruent. vertically opposite angles share the same vertex

Therefore,

∠3 = 110°

∠2 = ∠4 (vertically opposite angles)

∠4 = 70°

∠1 = ∠5 (corresponding angles)

Corresponding angles are congruent

∠5 = 110°

∠6 = ∠4(alternate angles)

Alternate angles are congruent.

∠6 = 70°

∠1 = ∠7 (alternate exterior angles)

∠7 = 110°

∠2 = ∠8(alternate exterior angles)

∠8 = 70°

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which is a appropriate estimate for 53,320x599

Answers

The answer after its estimation will be 3,00,00,000.

Here, the 53,320 will be estimated to 50,000 and 599 will be estimated to 600.

So, on multiplying, we get;

50,000×600 = 3,00,00,000

To offer an estimated, projected result rather than an exact result, we employ approximations in our calculations. Calculations are easier to handle when they are estimated using round numbers.

The result of rounding 109 to the closest ten is 110. and 100 is the nearest hundred. 2) Round the number downward if it is followed by the digits 0, 1, 2, 3, or 4. 102, for instance, is 100 when rounded to the closest ten.

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please help like soon

Answers

The distance between the two points is 10 units and the slope of the line is -78/25

Distance Between Two Points

To find the distance between two points, we can simply use the formula of distance between two which is given as

[tex]d=\sqrt{(y_2-y_1)^2 + (x_2 - x_1)^2}[/tex]

Let's substitute the values and solve for the distance.

[tex]d=\sqrt{(y_2-y_1)^2 + (x_2 - x_1)^2}\\d = \sqrt{(1-7)^2 + (-3 - 5)^2} \\d = 10[/tex]

2)

The slope of the line can be found using the two points given.

[tex]m = \frac{y_2 - y_1}{x_2 - x_1} \\[/tex]

let's substitute the values and solve.

[tex]m = \frac{y_2 - y_1}{x_2 - x_1} \\\\m = -\frac{78}{25}[/tex]

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Jocelyn has a points card for a movie theater.
. She receives 25 rewards points just for signing up.
• She earns 12.5 points for each visit to the movie theater.
. She needs at least 170 points for a free movie ticket.
Write and solve an inequality which can be used to determine v, the number of visits
Jocelyn can make to earn her first free movie ticket. Inequality?

Answers

Answer: 25 + 12.5v ≥ 170

Step-by-step explanation:

We already have the 25 reward points; it also gives the information that she gets 12.5 points for each visit. Because we don't know the amount she has gone to the theater or will go we have to use a variable; 12.5v. When we add them, we get 25 + 12.5v. The inequality we use is ≥ because it says "at least". When this is used that means it has to be equal to or greater and that is why use that sign and get the full equation;

5 + 12.5v ≥ 170

Answer:

55

Step-by-step explanation:

How do you write 8.82 x 102 in standard form?​

Answers

Answer: Multiply 102 by 8.82 = 899.64x

HELP PLS I NEED THIS ANSWERED QUICKLY
A membership at Gym A costs $50 for 5 months. A membership at Gym B down the street costs $40 for 3 months. You write two equations in the form of y=kx to try and figure out which membership would be cheaper for a year. What is the value of k for the cheaper membership?

Answers

The cost for a year is cheaper in the Gym A than Gym B. The value of k for the cheaper membership would be; $10.

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables. A linear equation is an equation that increases at a constant rate.

An equation in the form y = kx is called a linear equation.

In the equation of form y = kx

y = dependent variable which is the total cost

x = number of months

k = constant of proportion / cost per month

Thus k = y/x

The Cost per month at Gym A = $50 / 5 = $10

The Cost per month at Gym B = $40 / 3 = $13.33

The Membership cost at Gym A for a year = $10 x 12 = $120

The Membership cost at Gym B for a year = $13.33 x 12 = $160

Hence, The cost for a year is cheaper in the Gym A than Gym B. The value of k for the cheaper membership would be; $10.

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nathan is making a beaded bracelet. for every 5 red beads there are 3 white beads. what is the ratio of red to white beads?

Answers

Answer:

5;3

Step-by-step explanation:

Juanita wants to buy a computer. She needs to earn at least 400 dollars. If she makes 9 dollarsan hour and has already saved 40 dollars, how many hours does she need to work? Write an inequality and solve.

Answers

Problem

Juanita wants to buy a computer. She needs to earn at least 400 dollars. If she makes 9 dollars an hour and has already saved 40 dollars, how many hours does she need to work?

Solution

Let x the number of hours required we can set up the following inequality:

40 + 9x > 400

And now we can solve for x we can subtract 40 and we got:

9x > 360

And then we got:

x> 40

So then Juanita needs to work at least 40 hours

And the graph of the inequality is given by:

Find the measure of each acute angle in a right triangle in which the measure of one acute angle is 11 times the measure of the other acute angle.

Answers

The measure of the acute angles in the triangle are 7.5 and 82.5

How to determine the measure of the acute angles?

From the question, we have the following parameters:

One acute angle is 11 times the measure of the other acute angle.

Let the acute angles be x and y

Such that

y = 11x

The sum of the acute angles in a right triangle is 90

So, we have

x + y = 90

This gives

x + 11x = 90

So, we have

12x = 90

Divide by 12

x = 7.5

Recall that y = 11x

So, we have

y = 11 x 7.5

Evaluate

y = 82.5

Hence, the acute angles are 7.5 and 82.5

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Please help!!
I’ll give you the Brainiest

You are shopping for T-shirts. Store A has T-shirts
priced at $25 for 2 shirts. Store B has T-shirts
priced at $42 for 4 shirts. Which store offers the
better deal?

Answers

Answer: The answer is the $42 T-Shirts

Step-by-step explanation: 42 divided by 4 is 10.5 dollars per t-shirt.

25 divided by 2 would mean 12.5 dollars per t shirt. There is only a 2 dollar difference, but it is clear that the 4 t-shirt deal is the best.

5/6a-3=5/8

How would you solve this?

Answers

Step-by-step explanation:

[tex] \frac{5}{6} (a) - 3 = \frac{5}{8} \\ lcd = 48 \\ \\ \frac{5}{6} (a)(48) - 3(48) = \frac{5}{8} (48) \\ 40a - 144 = 30 \\ 40a = 30 + 144 \\ 40a = 174 \\ \frac{40a}{40} = \frac{174}{40} \\ a = 4\frac{14}{40} \\ a = 4 \frac{7}{20} [/tex]

I FIRST FOUND THE LCD AFTER THAT MULTIPLY EACH AND EVERY TERM IN THE EQUATION BY IT TO HET RID OF THE FRACTIONS AND SOLVE FOR a.

What is the equation of the line that is perpendicular to y = 2x + 3 and passes through the point (−4, 8). pls show work

Answers

Answer:

y = -1/2x + 6.

Step-by-step explanation:

The line perpendicular to y = 2x + 3 has slope of - 1/2 so we can write it as

y = -1/2x + c

When x = -4, y = 8 so we substitute:

8 = -1/2 (-4) + c

8 = 2 + c

c = 8-2 = 6

So, the answer is

y = -1/2x + 6.

Answer:

y = -1/2x + 6.

Step-by-step explanation:

PLEASE HELP ME!!! due tonight *will make brainlist , if answer is correct*

Answers

i think it’s y=3x+8 not sure though

a professor wants to study the effectiveness of a new study tool for a course. there are 150150150 students registered for the course. the professor ranks the students according to cumulative average in the prerequisite course. for every 222 students, in order, from the list, the professor flips a coin to assign one student to use the new study tool and the other to use the previous study tool. what type of experiment design is this?

Answers

It is a completely randomized design.

What is completely randomized design ?

Completely randomized designs are used in experiment design to explore the effects of a single primary factor without taking additional nuisance variables into account. This article describes single-factor, entirely randomized designs. On the basis of the various levels of that primary factor, the experiment compares the values of a response variable. The levels of the main factor are given at random to the experimental units in fully randomized designs.

Objects or subjects are assigned to groups in a completely random design at random. Labeling each subject before choosing from the labeled participants in a table of random numbers is one common practice for allocating subjects to treatment groups. Computers can be used to accomplish this as well.

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Help please its due tonight

Answers

Answer:

[tex]\sf 12-5x+6x=4[/tex]  (Given)

[tex]\sf 12+x=4[/tex]  (Combine like terms)

[tex]\sf x=-8[/tex]  (Subtraction property of equality)

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

Hope this is what you're looking for!

Answer:

1. given

2. combine like terms,

3. subtraction property of equality

Step-by-step explanation:

You start with $100 at a casino and can bet any amount of that money to play a game any amount of times where in each game, you have a 40% chance of winning. If you win, you’ll gain the amount you bet, in addition to being returned the amount you bet. If you lose, you lose your bet. What is your strategy to have the highest chance of getting to $200? (100 - 200 words)

Answers

Our strategy to win $200 is to use $100 in just one chance. It is the best bet for winning $200.

Given that we start with $100 at a casino and can bet any amount of that particular money to play a game to any amount of times where we have a 40% chance of winning in each game. If we win, we will gain the amount we bet and return the amount that we bet. If we lose, we will lose our bet.

It has been asked that what should be our strategy to win get $200.

We can write from the given information that:

Probability of wining = 40 % = 0.4

Probability of losing = 1 - 0.4 = 0.6

The best bet to win $200 is to bet $100 in one go itself.

For the above bet chance of winning $100 is 0.4

But let us assume that we are betting $50 two times,

Then L-Lose and W-Win

There will be 4 rational possible cases (WW,WL,LW,LL)

Probability of all the 4 above given cases will be as follows:

Probability of (WW) = 0.4 X 0.4 = 0.16

Probaility of (WL) = 0.4 X 0.6 = 0.24

Probability of (LW) = 0.6 X 0.4 = 0.24

Probability of (LL) = 0.6 X 0.6 = 0.36

Now for winning $100 we need to win both the bets of $50.

But the probability of winning both the bets = 0.16 ( very less than 0.4)

Hence the best bet would be to use $100 in one chance itself.

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Our strategy to win $200 is to use $100 in just one chance. It is the best bet for winning $200.

It has been asked that what should be our strategy to win get $200.

We can write from the given information that:

Probability of wining = 40 % = 0.4

Probability of losing = 1 - 0.4 = 0.6

The best bet to win $200 is to bet $100 in one go itself.

For the above bet chance of winning $100 is 0.4

But let us assume that we are betting $50 two times,

Then L-Lose and W-Win

There will be 4 rational possible cases (WW,WL,LW,LL)

Probability of all the 4 above given cases will be as follows:

Probability of (WW) = 0.4 X 0.4 = 0.16

Probability of (WL) = 0.4 X 0.6 = 0.24

Probability of (LW) = 0.6 X 0.4 = 0.24

Probability of (LL) = 0.6 X 0.6 = 0.36

Now for winning $100 we need to win both the bets of $50.

But the probability of winning both the bets = 0.16 ( very less than 0.4)

Hence the best bet would be to use $100 in one chance itself.

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Which expression is equivalent to 2.5 + 3a
5.5a - 29.5
3a - 32
3a - 27
5.5a - 10.5
Mak
20 9.5?

Answers

Answer:d

Step-by-step explanation:

Kelsey has an orange ribbon and a blue ribbon. The orange ribbon is 7 11/12 inches long and the blue ribbon is 17 5/12 inches long. How much longer is the blue ribbon than the orange ribbon?

Answers

The blue ribbon is 2.2 times longer than the orange ribbon

How to determine the ratio

From the information given, we have that;

The orange ribbon is 7 11/12 inches long The blue ribbon is 17 5/12 inches long

Now, lets convert the mixed fractions to improper fractions;

Length of orange ribbon = 95/12

Length of blue ribbon = 209/12

The ratio is expressed as;

Length of blue ribbon/length of orange ribbon

Substitute the values, we have;

= 209/12 ÷ 95/12

Take the inverse of the divisor and multiply

= 209/ 12 × 12/95

= 2. 2 times

Hence, it is 2.2 times longer.

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the temperature has been dropping 2 1/2 degrees every hour and the current tempter is -15 degrees Ferin height how many hours ago was the temperature 0 degrees Ferin height

Answers

The number of hours ago was the temperature 0 degrees is 6 hours.

What is temperature?

Temperature simply means the degree if hotness and coldness in a body.

In this case, the temperature has been dropping 2 1/2 degrees every hour. Let the number of hours be h.

This will be illustrated as:

-15 = -2.5h

where h = number of hours

Divide

h = -15 / -2.5

h = 6

Therefore, the correct option is 6 hours.

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A cookie factory uses 1/3 of a barrel of oatmeal in each batch of cookies. The factory used 2/3 of a barrel of oatmeal yesterday. How many batches of cookies did the factory make?

Answers

Answer:

it would be 89

Step-by-step explanation:

Can someone help me please

Answers

The next correct step of the following elimination method is (C) subtract to eliminate 'x'

What is the elimination method?The elimination method involves taking one variable out of the system of linear equations by using addition or subtraction along with multiplication or division of the variable coefficients. The problem is reduced to solving a single variable equation using the elimination method. Finding the values of x and y without changing the equations is fairly challenging. The x s cancel out and the x is removed from the equations when they are added together. As a result, it is known as the "elimination method."

So, the next correct step of the elimination method:

We can see that in both equations, '-3x' is the same and this means we will cancel the x variable.

Then, option (A) and option (D) is incorrect.

We know that (+ -) is always (-) but (- -) is always (+).And we need to make if -3x and +3x to cancel the 'x' variable.

Thus, the correct option will be an option (C).

Therefore, the next correct step of the following elimination method is (C) subtract to eliminate 'x'

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Evaluate the following expressions picture attached 100 POINTS

Answers

Answer:

3 5/14 (second choice)

Step-by-step explanation:

c = -3 1/7

d = 6.5 (6 1/2 as fraction)

-3 1/7 as improper fraction: -22/7

6 1/2 as improper fraction: 13/2

Now put both fractions into a common denominator

-22/7 = -44/14

13/2 = 91/14

Now add:

-44/14 + 91/14 = 47/14

Change 47/14 back to fraction

47/14 = 3 5/14


XYZ and LMN are complementary angles. XYZ = (3x+14)° and LMN= (5x+24)°. What is LMN in degrees?
Write your answer as a decimal.

Answers

Answer:

6.5°

Step-by-step explanation:

We know that both XYZ and LMN are complementary angles.

Complementary angles add up to 90°.

So,

we can simply add both of the expressions and set it equal to 90 (degrees).

(3x+14) + (5x+24) = 90

-> add the variables and constants

8x+38=90

-> subtract the 38 from both sides (90-38)

8x=52

-> divide out the coefficient to isolate the variable

x=6.5

So, the answer is 6.5 degrees.

Hope this helped :)

The graph shows y varying directly as x according to the equation y = kx. What is the value of d?
A d = kb + kdd = kb + kd
B d = ka + kcd = ka + kc
C d = b + kdd = b + kd
D d = kb

Answers

The equation that represents the value of d is d = b + kc

How to determine the value of d?

The graph that completes the question is added as an attachment

The equation of the graph is given as

y = kx

Because the graph shows a direct variation, the equation can be illustrated as

y = mx

Where m represents the slope of the line

By comparing the equation y = mx and y = kx, we can conclude that

m = k

This means that the slope of the equation y = kx is k

From the graph, we have the points

(x, y) = (a, b) and (a + c, d)

The slope of a line is calculated using

Slope = (y₂ - y₁)/(x₂ - x₁)

Where

Slope = k

(x₁, y₁) = (a, b) and (x₂, y₂) = (a + c, d)

So, we have

k = (d - b)/(a + c - a)

Evaluate the like terms

k = (d - b)/(c)

Multiply both sides by c

d - b = kc

Add b to both sides

d = b + kc

Hence, the value of d is d = b + kc

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Calculator
What is the area of a rectangle with vertices at
ter your answer in the box.
(0,-4).(-1, -3) (2, 0), and (3, − 1)?

Answers

Answer:

The answer to your question is: 6 units

Step-by-step explanation:

Data

A (-4, 0)

B (-3,1)

C (0,-2)

D (-1,-3)

Formula

d = √((x2 - x1)² + (y2 - y1)²)

Process

dAB = √((x2 - x1)² + (y2 - y1)²)                 dAC = √((0 + 4)² + (-2 + 0)²)

      = √((-3 + 4)² + (1 - 0)²)                      dAC = √((4)² + (-2)²)

      = √((1)² + (1)²)                                    dAC = √(16 + 4)

      = √1 + 1                                             dAC = √20

dAB = √2  = dCD

dAD = √((-1 + 4)² + (-3 - 0)²)                    

dAD = √((3)² + (-3)²)

dAD = √9 + 9

dAD = √18 = dBC

reactangle's area = base x height = √18 x √2 = √18 x 2 = √36

                                                       = 6 units

The answer is six units

A local jewelry store sells class rings, which it purchases for $60 each. The store engraves a name and date on the ring and sells it using a markup rate of 340%.

Answers

Class rings are sold by a nearby jewelry store, which buys them for $60 each. The amount of markup is y=204.

Given that,

Class rings are sold by a nearby jewelry store, which buys them for $60 each. The ring has a name and date engraved on it, and the retailer markup it up by 340% before selling it.

We have to find the equation that can be used to find the amount of markup y.

So,

We can write the equation as

Amount of markup=340% of the purchases amount

Taking amount of the markup as y and purchases amount is $60.

y=340%×60

y=340/100×(60)

y=34×6

y=204

Therefore, The amount of markup is y=204.

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Jason bought four tickets to a basket ball game. He paid a total of $42.10 for the tickets and his parking was $6.50. What is the cost of each ticket

Answers

The cost of each ticket is 8.9 dollars.

What is cost price?

In mathematics, the term cost price can be explained with the help of profit which states, as the amount which is on the commodity and in the form of standard price called cost price. For the profit, the amount of the commodity can be designed by the shopkeeper which is bigger amount as per the cost price.

According to the question, the Jason bought 4 tickets for basket ball game. He paid a total cost of $42.10 for the tickets and for parking as $6.50

The paid amount for the 4 tickets is: $42.10.

And the parking cost is: $6.50

Total cost price without parking is: $42.10 - $6.50 = $35.60

Therefore, to calculate the cost of each ticket is: 35.60/4 = 8.9 dollars

Hence, the cost of each ticket is 8.9 dollars.

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How many pounds of apples must chris pick before Pam’s orchard is cheaper that david’s

Answers

The total pounds of apples that Chris must pick before Pam’s orchard is cheaper that David's is 14.

How many apples should Chris pick?

The first step is to determine the total cost of picking apples from both orchards.

Cost of picking apples from David's Orchard : (10 x $2) + [(x - 10) x $1]

$20 + $x - $10

= $10 + $x

Cost of picking apples from Pam's Orchard : $10 + ($10 x $1.5) + [(x - 10) x 0.75]

$10 + $15 + 0.75x - 7.5

= $17.50 + 0.75x

When  Pam's Orchard is cheaper, the equation becomes :

$10 + $x  > $17.50 + 0.75x

$x - 0.75x > $17.50 - $10

0.25x > $7.50

x > $7.50 / 2.5

x > 3

Total pounds should be greater than 3, so it can be 4.

Total pounds = 10 + 3 = 14

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Please v Ferguson which of the following statements best represents justice on Harlans argument You are conducting an experiment and create a stock solution. You then add 1 ml of the stock solution to 99 ml of water. What is the dilution of this sample? X = times more dilute)A. 0.1xB. 10xC. 100xD. 1000x Here is a linear equation: y = 2/3x + 1 Are (6, 5) and (9, 8) solutions to the equation? Explain or show your reasoning. A person without the allele for sickle cell anemia has children with a person who is a carrier for sickle cell anemia but doesnt have the disease. What percentage of their children will have sickle cell anemia? What percentage of their children will be carriers for sickle cell anemia? Show your work with a Punnett square. Queen pls I need help ASAP A $1,000 deposit is made at a bank that pays 12% compoundedHow much will you have in your account at the end of 10monthly.years? solve for v: -28 = v +-12 The amount of energy required to rise one gram of a substance, one degree Celsius is called? [Isosceles and Equilateral Triangles] Solve for x. Please explain and help me get the correct answer. Thank you. Practice work that is not graded. When the government does not use quotas, taxes or other means to restrict what its citizens can buy from or sell to another country, it is called trade. A sequence is defined recursively using the formula f(n+1) =-0.5f(n) . If the first term of the sequence is 120, what is f(5)?157.57.515 two nurses are discussing healthcare quality. they agree that this factor contributes to increased health care quality: group of answer choices non magnet status hospitals fewer adverse events collaboration of multiple healthcare agencies increased patient confidence in the united states, the mean birth weight for boys is kg, with a standard deviation of kg. assuming that the distribution of birth weight is approximately normal, complete parts a through e. 8. Tabitha made 12 out of 23 free throw attempts in the first half of practice and 20 outof 27 attempts in the second half of practice. What is her free throw average for thewhole practice, written as a decimal? micrometers, T is measured in seconds, and D accounts for the weakening of the earthquake due to the distance from the epicenter. If an earthquake occurred for 4 seconds and D = 2, which graph would model the correct amount on the Richter scale? Please help super confused ASAP. Find f(-9) if f(x) = -2x + 5. Enter DNE if the value does not exist.f(-9)= Write an equation of the parabola in vertex form.(-2, 6)(-1,3) What is the number of moles in 825l of he gas at stp? Do you think careers in computer graphics and animations are more artistic or more technical? Explain your answer Ming had 59 birthday cupcakes. He gave 30 cupcakes to his classmates at school. Ming's family ate another 11 cupcakes at home.How many cupcakes does Ming have left?