Monica deposits ​$200 into a savings account that pays a simple interest rate of 3.9​%. Paul deposits ​$300 into a savings account that pays a simple interest rate of 3.2​%. Monica says that she will earn more interest in 1 year because her interest rate is higher. Is she​ correct? Justify your response.

Answers

Answer 1

Answer: No, Monica is incorrect.  Paul will get more interest in 1 year.

Step-by-step explanation:

Formula: Simple interest : [tex]\dfrac{\text{principal x rate x time}}{100}[/tex]

Given: For Monica, Principal =$200, rate = 3.9%

Interest in 1 year = [tex]\dfrac{200\times3.9\times1}{100}=\$7.8[/tex]

For Paul, Principal =$300, rate = 3.2%

Interest in 1 year = [tex]\dfrac{300\times3.2\times1}{100}=\$9.6 > \$7.8[/tex]

Thus , Paul will get more interest in 1 year.

i.e. Monica is incorrect.


Related Questions

PLZ HELP I don't get this y-5=1/3(x+12)

Answers

Answer:

If solving for slope

y = 1 /3 x + 9

for slope would be y=1/3x+9

fractions that name the same amount
or part

Answers

Answer:

like 2/3= 6/12

Step-by-step explanation:

or 2/10= 1/5 ????

Answer:

Equivalent fractions

Step-by-step explanation:

Equivalent fractions name the same amount  or part.

What can you say about the quotient, when you divide 23 by something equal to 1?
The quotient will be greater than 23.
The quotient will be equal to 23.
The quotient will be less than 23.

Answers

Answer: the quotient will be equal to 23

The equation to calculate what divided by 23 equals 1 is as follows:

X/23 = 1

Where X is the answer. When we solve the equation by multiplying each side by 23, you get get:

X = 23

Therefore, the answer to what divided by 23 equals 1 is 23

so the quotient will be equal to 23

Step-by-step explanation:

Find the x- and y-intercept for the given equation: -7x -2y = 14

Answers

Answer: X intercept (-2,0) Y intercept (0,-7)

Step-by-step explanation:

2 3/5 x 5/6 plz help​

Answers

Answer:

2 1/6

Step-by-step explanation:

2 3/5 x 5/6

convert the 2 3/5 to an improper fraction so it can be easier to multiply

2 3/5 = 13/5

13/5 * 5/6

All you need to do is multiply across. Both denominators, and both numerators.  

13 * 5 = 65 (numerator)

5 * 6 = 30 (denominator)

65/30 and that is in an improper form

2 5/30 = 2 1/6 = In a simplified mixed number

2 1/6

Hope this helped!

Have a supercalifragilisticexpialidocious day!

7) What is "$96 spent in 4 hours" written as a unit rate in minutes?
D) $1.60/minute
C) $0.53/minute
A) S0.40/minute
B) $0.30/minute

Answers

I think it’s A sorry if I’m wrong

Could someone do this real quick

Answers

Answer: x= 5/7 or x= 0.714285

Step-by-step explanation:


Which TWO answers below show this proportion?

Answers

A and D

Hope it helps:)

Anna is constructing a tine segment that is congruent to another segment AB. Before starting the construction Anna should draw a
segment of what length
tonger than segment AB

Answers

Answer:

C: A compass setting is used to measure the length of a segment in a

Step-by-step explanation:

Andy played with Buzz 65% of the time. How many times did andy play with Buzz if her played with his toys 20 times?

Answers

Answer:

13

Step-by-step explanation:

yes.

Step-by-step explanation:

65/100×29

13

plz make me brainlest

A school has 6 fifth grade classes, with a mean class size of 24 students. Five of the classes had 20,27,25,28 and 21; what is the size of the remaining class?

Answers

Answer:

the remaining class size is 23 students

Step-by-step explanation:

6*24=144 students in all classes together

144-20-27-25-28-21=23

97 % of 345m
Could you please awsner my questions

Answers

Answer:

363.75 meters

Step-by-step explanation:

Answer:

334.65 is 97% of 345

Solution:

What is 97% of 345?

Y is 97% of 345

Equation: Y = P% * X

Solving our equation for Y

Y = P% * X

Y = 97% * 345

Converting percent to decimal:

p = 97%/100 = 0.97

Y = 0.97 * 345

Y = 334.65

Matt fill his pail with 16 kg of sand but found that it was too heavy to carry he scooped out 7 kg of the sand what is the mass of the sand in the pail now
a 900 i
b 9 g
c 9 g
d 9 kg

Answers

I would say the answer is d

A new soft drink has 20% less sugar than before.
The drink had 50 grams of sugar originally.
How much less sugar does it have now?

Answers

20% of 50 is 10 (50 x .20 = 10). If the original drink had 50 grams, and the new one has 20% (10 grams) less...then the new drink would have 40 grams of sugar (50-10=40).

The required amount of sugar is given as 40 grams.

Given that,
A new soft drink has 20% less sugar than before. The drink had 50 grams of sugar originally, how much less sugar it has now is to be determined.

What is simplification?

The process in mathematics to operate and interpret the function to make the function or expression simple or more understandable is called simplifying and the process is called simplification.

here,
According to the question,
The final amount of sugar = [1 - 0.02][50]
                                  = 40 grams

Thus, the required amount of sugar is given as 40 grams.

Learn more about simplification here:

https://brainly.com/question/1369388

#SPJ2

PLS HELP ASAP!

1/3+2/3

Answers

The bottom number stays the same, u just at the top numbers which will give u
3/3
If u simplify, u get
1.

1 is ur final answer!

Answer is 1

Step-by-step explanation:

Add

1/3 + 2/3 = 3/3

Simplify

3/3 =1

lol hope i could help even if its a lil:)

i need help with this please

Answers

• B good luck
• give brainlist
pretty sure it’s B! have a good day and remember to stay safe!

1.) What is m<1? You don’t have to show work it is optional

Answers

I think it’s 150. Hope this helps

A stainless steel pipe is used as a vent over a restaurant stove. The pipe is 6 feet long and its diameter is 12 inches. The pipe is open at both ends. To the nearest whole number, how many square feet of steel is the outer surface of the pipe?

Answers

Answer: 18 feet

Step-by-step explanation:

Well, first we need to find the circumference because that is the outside of the pipe.

Circumference = 2 x Pi x Radius

Radius is half of diameter.

So we plug in all the values in to the formula.

2 x Pi x 6 inches = Circumference

12Pi = 37.69911184 inches

37 inches to feet = about 3 feet.

3 x 6 = 18 feet.

Given right triangle RST, what is the value of sin(S)? Five-thirteenths Five-twelfths Twelve-thirteenths Thirteen-twelfths

Answers

Answer:

5/13

Step-by-step explanation:

The measure of sin S is Five-thirteenths, the correct option is A.

What is a Right Angled Triangle?

A right triangle is a triangle in which one of the angle measures to 90 degree.

The sides of a right triangle are called base, perpendicular and hypotenuse.

The triangle has side lengths 5,12, and 13.

The value of sin x = Perpendicular / Hypotenuse

sin S = 5 / 13

It seems that your question misses the figure of the triangle, the complete question is attached with the answer.

To know more about Right angled Triangle

https://brainly.com/question/3770177

#SPJ5

I need help with this

Answers

c^2/f^2

hope that helps

root(3, 148 * 200) ; evaluate correct to three decimal places​

Answers

Answer:

3148

Step-by-step explanation:

Which number is NOT in the solution set of x + 6 < 14?

Answers

Answer:

x < 8

Step-by-step explanation:

x + 6 < 14

x < 14-6

x < 8

hope it help u

plz follow me

When using the Elimination
method for systems, you may
have to multiply the top or
bottom equation by a number to
create a
pair.

Answers

i believe you’re corrext
yes i think ur answer is correct

Question 3 (2 points)
Find the area and circumference for the circle below. Use 3.14 for \large \pi.



a. The area of the circle is 314

b. The circumference of the circle is

first one to answer gets brainlist

Answers

area = 314.16

circumference = 62.83

Solve the equation. You may find using algebra tiles helpful in solving this problem.
X +3=-X-3

Answers

Answer:

X+3=-X-3

+X    +X

2X+3=-3

    -3   -3

2X=-6

/2    /2

X=-3

Step-by-step explanation:

Answer:

x=--3

Step-by-step explanation:

x+x=-3-3

2x=-6

x=-6/2

x=-3

Help me please thank you !!

Answers

Answer:

D) 38 degrees

Step-by-step explanation:

it will be supplementary to 142 degrees

A small box of nails was 10 2⁄8 inches tall. If the large box of nails was 2 2⁄5 inches taller, how tall is the large box of nails? Answer as an improper fraction.

Answers

Answer:

253/20

Step-by-step explanation:

Which angles are supplementary?

a) Angle 1 and 6
b) Angle 2 and 8
c) Angle 3 and 2
d) Angle 1 and 8​

Answers

Answer:

c 2,3

Step-by-step explanation:

.....I need some help :/

Answers

Answer:

B. 1

Step-by-step explanation:

1. Simplify everything in the parentheses (4^4) = 256

2. Simplify 256^9 = 4.7223665e+21

3. Divide your answer by 4^36 (= 4.7223665e+21) which equals 1.

the correct answer is b

*sits in a corner rocking back and forth*

Answers

Answer:

-12 is the answer.

Step-by-step explanation:

-12 - (-5) = -7

The two negative one right after another turns into a plus, or +.

-12 + 5 = -7

Think of 5 positive things and -12 negative things.

O O O O O

P  P  P  P  P  P  P  P  P  P  P  P

5 of the positive things will cancel out 5 of the negative things, leaving behind 7 negative things.

#teamtrees #WAP (Water And Plant)

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