Jim and bill each invest $15,000 into savings accounts that earn 3.5% interest. Jims account earns simple interests and bills account earns compound interest. After 25 years, who will earn more interest and how much more will he earn.

Answers

Answer 1

Answer:

Bill will earn more interest

He will earn $ 20,448.67 from his investment

Step-by-step explanation:

Firstly let us calculate Jim's earnings based on simple interest

A = P(1 + rt)

Calculation:

First, converting R percent to r

a decimal

r = R/100 = 3.5%/100 = 0.035 per year.

Solving our equation:

A = 15000(1 + (0.035 × 25)) = 28125

A = $28,125.00

The total amount accrued, principal plus interest, from simple interest on a principal of $15,000.00 at a rate of 3.5% per year for 25 years is $28,125.00 for Jim

Now let's us calculate bill's investment based on compound interest

Equation

A = P(1 + r)^t

A=15000(1+0.035)^25

A=15000(1.035)^25

A=15000*2.36324498427

A = $ 35,448.67

We see that Bill will earn

$ 20,448.67 from his investment


Related Questions

An angle measures (2x + 11).
. What is the measure of an angle that is vertical to the given angle?
Please help ASAP

Answers

Vertical angles are always congruent, or of equal measure.
Vertical angle is equal to given angle. Answer is:(2x+11)

The required measure of a vertical angle is given as 2x + 11.

An angle measures (2x + 11). The measure of an angle that is vertical to the given angle is to be determined.

What is the angle?

orientation of one line with respect to the horizontal or other respective line is known as a measure of orientation and this measure is known as the angle.

here,
The measure of angle remains the same because vertical angles are always equal for the two intersecting lines.

Thus, the required measure of a vertical angle is given as 2x + 11.

Learn more about Angles here:

https://brainly.com/question/13954458

#SPJ2

Simplify (2x + y)(x - 2y) - (x + 2y)(2x - y) as much as possible.

Answers

Answer:

-6xy

Step-by-step explanation:

(2x-y)x(x-2y)-(x+2y)X(2x-y)

remove the parentheses

2x^2-4xy+xy-2y^2-(2x^2-xy+4xy-2y^2)

collect terms

2x^2-4xy+xy-2y^2-(2x^2+3xy-2y^2)

remove the parentheses

2x^2-4xy+xy-2y^2-2x^2-3xy+2y^2

remove the opposites, collect the terms to get -6xy

NEED HELP ASAP!!!Does anyone know the answer to this

Answers

Answer:Y intercept is (0,4)

axis of symmetry is -3

Step-by-step explanation:

Answer:

Step-by-step explanation:

HELP WITH QUESTION 2 PLEASE! I’ll give you brilliance

Answers

Answer:

A : 25 , B: 14 , C : 15 , D: 12

D: first you add them it will be 11.8 you round it the nearest tenth of a unit it will be 12 I'm not sure of my answers I hope that I helped you .

SOMEONE PLEASE HELP MEEEEE3​

Answers

the answer is (3,4)

Please help me!!!!! Pleasee

Answers

Answer:

Step-by-step explanation:

cos x= LJ/JK=2.8/9.3

⇒x ≈1°

The answer is 26.04 I’m sorry if it’s not correct but i tried my best

6. Determine if the sequence is arithmetic or
geometric, and the common ratio or
difference.
-4,-2.5, -1, 0.5, 2,......
A. Arithmetic; d = 1.5
B. Arithmetic; d = 2
C. Geometric; r = 0.5
D. Geometric; r = 2

Answers

Answer:

A. Arithmetic; d = 1.5

Step-by-step explanation:

-4, -2.5, -1, 0.5, 2

Looking at the sequence, we can see that the numbers increase. This means our common ration or difference will be positive.

Let's look at common ratios first.

To find the common ratio, divide one term from the term after it.

r = a₂ ÷ a₁

r = -2.5 / -4

Divide.

r = 0.625

To see if this is the common ratio, we want to test this with the other numbers of the sequence.

r = a₃ ÷ a₂

r = -1 / -2.5

r = 0.4

This is not consistent; therefore our sequence is not geometric.

Let's look at common differences next.

To find the common ratio, subtract one term from the term after it.

r = a₂ - a₁

r = -2.5 - (-4)

Simplify.

r = -2.5 + 4

Add.

r = 1.5

To see if this is the common difference, we want to test this with the other numbers of the sequence.

r = a₃ - a₂

r = -1 - (-2.5)

Simplify.

r = -1 + 2.5

r = 1.5

This is consistent; therefore we have found our common difference of this arithmetic sequence.

A. Arithmetic; d = 1.5

Hope this helps!

In the diagram to the right what is the length of N

Answers

Answer:

C

Step-by-step explanation:

Using the sine ratio in the right triangle and the exact value

sin30° = [tex]\frac{1}{2}[/tex]

sin30° = [tex]\frac{opposite}{hypotenuse}[/tex] = [tex]\frac{8}{n}[/tex] = [tex]\frac{1}{2}[/tex] ( cross- multiply )

n = 16 → C

What is the value of x in the equation (x/5) - 1 = 5.2


I need the work btw

Answers

Answer:  31

Step-by-step explanation:

(x/5) - 1 = 5.2

x/5 = 6.2

x = 6.2 x 5

x = 31

Answer:

To find

=>The value of x in the Equation => (X/5)-1=5.2

Step-by-step explanation:

(X/5)-1 =5.2

(X/5)= 5.2+1

x/5=6.2

X= 6.2*5

X=31

Pau
Kendrick pays $10.50 for a movie ticket and an additional $3.50 per box of candy at the concession stand. For which sequence does the n
th term represent the amount of money Kendrick has spent at the movie theater after buying n boxes of candy?

Answers

Answer:

B

Step-by-step explanation:

The first one starts with his payment for the ticket

Then $14 after he buys a box of candy.

The price of jona's favorite chocolate slab has changed from R5 to R6. Determine the percentage increase.​

Answers

Step-by-step explanation:

Increase in price = R6 - R5 = R1

% increase. =. R1÷R6 × 100 = R0.16 ×100%

% increase. = 16%

.PLEASE GIVE BRAINLIEST.

The points represented by the table lie on a line. How can you find the slope of the line
from the table? What is the slope of the line?

Answers

Answer:

Step-by-step explanation:

okay so you can take any two points 1 x one y in the form (x, y) and (x, y) so

(2, 5) and (4, 1)

then use the slope formula y2-y1/ x2 -x1

1-5+=4

4-2=2

slope equals 4/2 simplified equals 2

I THINKKKKK!

Write the equation in standard form for the circle passing through (0,8) centered at the origin

Answers

Answer:

[tex]x^{2} + y^{2} = 64[/tex] is the equation in standard form

Step-by-step explanation:

The distance from (0, 0) to (0, 8) = 8 = the radius of the circle

[tex]x^{2} + y^{2} = 64[/tex] is the equation in standard form

The equation is P= 6s represents the perimeter P of a regular hexagon with side length s. What is the perimeter of a regular hexagon with side length as 5 mm?

Answers

Answer:

30

Step-by-step explanation:

Use the course calculator to solve this problem:

8 + 17 × 26

Answers

Answer:

450

Step-by-step explanation:

8+17=25

25x26=450

Answer: 500

Step-by-step explanation:

You have to do multiplication first according to PEMDAS so you do 17 times 26 and you get 442 add 8 you get 500.

what is the value of x?

Answers

C squared = a squared plus b squared so x squared = 8 squared + 6 squared
X squared = 100 therefore x is 10

Answer:

Step-by-step explanation:

x^2=a^2+b^2

x^2=6^2+8^2

x^2=36+64

x^2=100

x=10

In the diagram, which two angles are alternate interior angles with angle 14?

4 lines intersect to form 16 angles. The angles created, clockwise from top left are 1, 2, 3, 4; 5, 6, 7, 8; 13, 14, 15, 16; 9, 10, 11, 12.
Angle 4 and Angle 12
Angle 3 and Angle 9
Angle 2 and Angle 10
Angle 12 and Angle 15

Answers

Answer:  Angle 3 and Angle 9

Step-by-step explanation:

Answer:

3 9

Step-by-step explanation:

4=2/9x A) 6 B) 9 C) 15 D) 18

Answers

Answer:

D. 18

Step-by-step explanation:

multiply both sides by 9/2, the reciprocal of 2/9.

4×(9/2)=x

express 4×(9/2) as a single fraction.

4×9/2=x

multiply 4 and 9 to get 36.

36/2=x

divide 36 by 2 to get 18.

18=x

swap sides so that all variable terms are on the left hand side.

x=18

Answer:

D 18

Step-by-step explanation:

you devide 4 by 2/9 and get your answer

Helppppppoo plssssssss

Answers

Answer:

0.7 x10^4

Step-by-step explanation:

That is the answer for me jdjjushjsj

help pls, I'm timed!

Answers

Answer:

90

Step-by-step explanation:

6n blocks of clay are shared among 14 students. Write and algebraic expression for the number of blocks of clay that each student will get

Answers

6n divided by 14 (sorry I do not have a divide sign)

Hope this helps!:)

Answer:

6n ÷ 14

Step-by-step explanation:

the blocks are shared among the people.

13) Which set of values is a function?
*

Answers

The third option values in function

Answer:

The first option

Step-by-step explanation:

Marcy is making cookies. For each batch of dough, she needs 23 cup of sugar. How much sugar will she use if she makes 6 batches of cookies?

Answers

Batches times the amount of sugar per batch

23*6=138

Answer:

138 cups of sugar

Step-by-step explanation:

23 cups for 1 batch times 6 batches equals 138.

23*6=138

WILL GIVE BRAIN IF CORRECT

Answers

i. c b a

ii. e d f

iii. h i g

hope this helps

now give me your brain lol

Answer:

1. (<A) > (<B) > (<C)

2. (<F) > (<D) > (<E)

3. (<H) > (<I) > (<G)

Step-by-step explanation:

The sides-angles theorem in a triangle states that the largest angle in a triangle will be opposite the largest side. One can apply this to the given set of triangles:

(1)

CB > AC > AB

4.4 > 3.1 > 2.7

(<A) > (<B) > (<C)

(2)

DE > FE > DF

(x) > (x-3) > (x-5)

(<F) > (<D) > (<E)

(3)

GI > GH > HI

(21x) > (14x) > (13x)

(<H) > (<I) > (<G)

3 3/8 divided by 2 1/4 =

Answers

Answer:

1.5 or 1/5

Step-by-step explanation:

Dividing two fractions is the same as multiplying the first fraction by the reciprocal of the second fraction. The first step to dividing fractions is to find the reciprocal (reverse the numerator and denominator) of the second fraction. Next, multiply the two numerators. Then, multiply the two denominators.

Classify the triangle by its sides:
17 cm, 5 cm, 13 cm?

Answers

Answer:

13 cm i think.

Step-by-step explanation:

Shelby is collecting 151/2 pounds of pebbles for a geology experiment. If she collects the pebbles in buckets that hold 35/8 pounds of weight how many bucketscan she need

Answers

Answer:

4.27

Step-by-step explanation:

Shelby is collecting 15 1/2 pounds of Peebles for his geology experiment

She collects the pebbles in a bucket that holds 3 5/8 weight pounds

Therefore the number of buckets that will he required can be calculated as follows

= 15 1/2 ÷ 3 5/8

= 31/2 ÷ 29/8

= 31/2 × 8/29

= 124/29

= 4.27

I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

IF YOU SEND ONE MORE LINK AGAIN I WILL REPORT YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

What is your question

Step-by-step explanation:

I do not see a question

Answer:

where is the question at?

Step-by-step explanation: I don'tsee it

Evaluate the expression 3 ⋅ 2^t , when t=1. *

Answers

Answer:

6

Step-by-step explanation:

3 ⋅ 2^t

Let t=1

3 ⋅ 2^1

Exponents first

3 * 2

6

1 picture 2 questions please and thank you

Answers

Answer:

Step-by-step explanation:

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