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Novay_Z [31]
3 years ago
5

Two brothers, Mark and Walter, each inherit $20000. Mark invests his inheritance in a savings account with an annual return of 2

.5%, while Walter invests his inheritance in a CD paying 6.1% annually. How much more money than Mark does Walter have after 1 year?
Mathematics
1 answer:
Igoryamba3 years ago
3 0

Answer:

$720

Step-by-step explanation:

$20000 - 100%

$x. - 2.5%

x=(20000*2.5)/100=500

20000+500=$20500 in one year (Mark)

20000 - 100

x. - 6.1

x= (20000*6.1)/100 = 1220

20000+1220= $21220 (Walter)

21220-20500= $720 more (Walter will have after 1 year)

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nikitadnepr [17]

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8 0
3 years ago
Nora invested $1,500 in a bond at a simple interest rate of 3%. How much will the bond be worth in total after 10 years?
attashe74 [19]
<h2>The bond will be worth in total after 10 years is =$1,950</h2>

Step-by-step explanation:

Given,

Nora invested $1,500 in at a bond simple interest rate of 3%

here P= $1500 R= 3% and t = 10year

Simple interest(I) = \frac{P\times R \times t }{100}

                           =$ \frac{1500\times 3 \times 10}{100}

                           =$ 450

<h3>The bond will be worth in total after 10 years is = $1,500+ $450</h3><h3>                                                                                      =$1,950</h3>

8 0
3 years ago
Ryan is 23 years older than stacy. In 6 years he will be 2 times her age. how old is each person now?
Aloiza [94]

Answer:

Ryan 40

Stacy 17

Step-by-step explanation:

x -----> Stacy

x + 23 -----> Ryan

x + 6  Stacy

x + 23 + 6   Ryan

x + 29 Ryan

 

x + 29 = 2(x + 6)

x + 29 = 2x + 12

x - 2x = 12  - 29

-x = - 17

x = 17 Stacy

x + 23

17 + 23

40 Ryan

4 0
2 years ago
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elena55 [62]

The answer is y =-1/2x + 3

4 0
3 years ago
each day ashley practices free throws. the first day she takes 12 shots and every day after she takes 2 more than the previous d
morpeh [17]
I added 12+5(2) and got 22. Since 12 was how many shots she made on the first day and she makes 2 more shots than the previous day I did 5x2 which is 10 and add them up it makes 22:)
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