PLEASE WILL MARK BRAINIEST!!!!!! Jameson and Quincy each deposit $7,000 into accounts that earn 6% interest, but Jameson earns annual simple interest while Quincy earns annual compound interest. Assuming neither one of them makes any deposits or withdrawals for 5 years, which of the following is a true statement?

Jameson will have about $9,367.58 less in his account than Quincy.


Jameson will have about $267.58 less in his account than Quincy.


Jameson will have about $2,367.58 more in his account than Quincy.


Jameson will have about $2,100 more in his account than Quincy.

Answers

Answer 1

Jameson will have about $267.58 less in his account than Quincy.

What is Compound Interest?

Compound interest is the interest calculated on the principal and the interest accumulated over the previous period.

Here, Jameson deposit Principal = $ 7000

           Duration = 5 years

           Rate of interest = 6 % SI per annum.

For simple Interest,   Amount = P(1+RT)

Total amount in Jameson at the end of 5 years = 7000 ( 1 + 0.06 X 5)

                                                          = 7000 X 1.3

                                                         = $ 9100

Quincy deposit Principal = $ 7000

           Duration = 5 years

           Rate of interest = 6 % CI per annum.

For Compound Interest,   Amount = P(1+R)ⁿ

Total amount in Quincy at the end of 5 years =  7000 ( 1 + 0.06)⁵

                                                                           = 7000 X 1.34

                                                                           = $ 9367.58

Thus, Jameson will have about $267.58 less in his account than Quincy.

Learn more about Compound Interest from:

https://brainly.com/question/14295570

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Your answer would be after 1.7 hours

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Answer:

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Step-by-step explanation:

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Answers

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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chemical in any one mixture. How much water can you start with so that you don't

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Answers

Answer:

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Answers

Answer:

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Step-by-step explanation:

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Answer:

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Answers

Answer:

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Step-by-step explanation:

When you write out the data set, it looks like this:

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Answer:

The median is 8.5

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Answers

Answer:

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Answers

Answer:

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Answer asp

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Not reasonable. The whole numbers add up to 3 so the total sum

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oranges is exactly 3 cups.

Reasonable. The pears and apples is about 3 cups and the grapes

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PLAY

(0)

Part B

What is the exact amount of fruit salad in cups?

cups

o

Enter your answer as a fraction or a mixed number.

Answers

Answer:

Part A: Choice 3) Reasonable. The grapes and apples is about 2 cups and pears and oranges is exactly 3 cups.

Part B: Exactly 4 11/12 cups

almost equal to 5 cups

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The missing part of the question is :

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Answers

Answer:

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3455/72



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Answer:

3455/72

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Step-by-step explanation:

Consider the following graph.
The x y coordinate plane is given. The curve begins at (0, 5) goes down and right becoming less steep, changes direction at (1, 2) goes up and right becoming more steep, goes through the approximate point (2, 3.1), goes up and right becoming less steep, changes directions at (3, 4), goes down and right becoming more steep, sharply changes direction at (4, 1), goes up and right becoming less steep passing through the approximate point (5, 4.2) and ends at (6, 6).
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(b) Find the interval(s) on which f is decreasing. (Enter your answer using interval notation.)
(c) Find the open interval(s) on which f is concave upward. (Enter your answer using interval notation.)
(d) Find the interval(s) on which f is concave downward. (Enter your answer using interval notation.)
(e) Find the coordinates of the point(s) of inflection.
(x, y) = ( )

Answers

a)Function is increasing in intervals (1,3) and (4,6).

b)Function is decreasing in intervals (0,1) and (3,4).

c)Graph is concave upward in the interval (0,2) and (3,5).

d)Graph is concave downward in the interval (3,4).

e)Points of inflection are x=3 and x=5.

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The point of inflection or inflection point is a point in which the concavity of the function changes.

Therefore, From the attached graph, we can see that:

a)Function is increasing in intervals (1,3) and (4,6).

b)Function is decreasing in intervals (0,1) and (3,4).

c)Graph is concave upward in the interval (0,2) and (3,5).

d)Graph is concave downward in the interval (3,4).

e)Points of inflection are x=3 and x=5.

To get more about graphs visit:

https://brainly.com/question/1869945

Answer:

a.(1,3)U(4,6)

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d.2,6

e. 2,3

Step-by-step explanation:

Looking at graph and finding intervals.

Kim bought a lawn chair that had a ticket price of $25.00. She ended up paying $26.50 after tax. If she were to buy a $40.00 patio table, how much would she have to pay after tax?

Answers

Answer:

41.50

Step-by-step explanation:

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A roller coaster is being designed that starts at (0,22) and ends at (19,2),

Along the ride there is a relative minimum at (5,6) and a relative

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section is missing. Find the correct function that completes the roller

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Answers

Answer:

The function is, f(x) = 6·sin((π/5)(x + 3π/2)) + 12

Step-by-step explanation:

The general form of equation of a roller coaster is given as follows;

y = A·sin(B(x - C)) + D

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A = The amplitude = (18 - 6)/2 = 6

D = The vertical shift = 12

One revolution = 10 unit

∴2·π = 10 unit

Therefore, 10 = 2·π/B

B = 2·π/10

The phase shift = 3·π/2

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f(x) = 6·sin(2·π/10(x + 3π/2)) + 12 = 6·sin((π/5)(x + 3π/2)) + 12

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