1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arturiano [62]
3 years ago
6

You place $4,000.00 in a bank account with an interest rate of 5.25% APR and another $2,000.00 in an account with an interest ra

te of 6.00% APR. After 6 months, which account will have earned the most interest?
Mathematics
1 answer:
Mila [183]3 years ago
7 0
First account
interest = 6/12 × 5.25% × 4,000
interest = 1/2 × 5.25/100 × 4,000
interest = 1/2 × 210
interest = 105 dollars

Second account
interest = 6/12 × 6% × 2,000
interest = 1/2 × 6/100 × 2,000
interest = 1/2 × 120
interest = 60 dollars

After 6 months, the first account will have earned more interest than the second account
You might be interested in
What is 73/9 as a mixed number
yarga [219]
8 1/9 because 9 times 8 is 72 and 73-72=1 so 8 1/9
8 0
3 years ago
Read 2 more answers
An account earns simple interest. (a) Find the interest earned. (b) Find the
Debora [2.8K]

Answer:

#a. $80

#b. $1680

Step-by-step explanation:

We are given;

  • Amount invested (principal) is $1600
  • Rate of interest is 5%
  • Time = 1 year

We are required to determine the amount of simple interest earned and the amount or balance in the account after 1 year.

#a. Interest earned

To calculate simple interest we use the formula;

I = (PRT) ÷ 100

Where, P is the principal, R is the rate, T is the time and I is the simple interest.

Therefore;

I = (1600 × 5 × 1) ÷ 100

 = $80

Therefore, simple interest earned is $80

#b. Balance of the account (Amount accrued)

We are going to use the formula;

A = P + I , where A is the amount accrued, P is the principal and I is the simple interest earned.

Therefore;

Account balance = $1600 + $80

                            = $1680

Thus, the account balance after 1 year will be $1680

8 0
3 years ago
Which is the correct classificatio
wolverine [178]

Answer:

d

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
91 more than the square root of a number
Genrish500 [490]

Answer:

Step-by-step explanation:

y = x 2 + 91

Explanation:

Let the number be  x

, then  Square of the number is  x ^2

91 more than the square of a number" will be  x^ 2  +  91

So, we can write it as an algebraic expression with two variables as :

y = x ^2  +  91

3 0
3 years ago
Se vendieron un total de 430 boletos para la obra de teatro escolar. Los boletos eran o de adulto o de estudiante. Se vendieron
BartSMP [9]

Resolviendo un sistema de ecuaciones, veremos que se vendieron 250 boletos de adulto.

<h3>¿Cuántos boletos de adulto fueron vendidos?</h3>

Definamos las variables:

  • x = boletos de adulto vendidos.
  • y = boletos de estudiantes vendidos.

Se vendieron un total de 430 boletos, entonces:

x + y = 430

Y se vendieron 70 boletos de estudiante menos que boletos de adulto:

y = x - 70

Tenemos el sistema de ecuaciones:

x + y = 430

y = x - 70

Para resolverlo, podemos reemplazar la segunda ecuación en la primera:

x + y = 430

x + (x - 70) = 430

2x = 430 + 70 = 500

x = 500/2 = 250

Se vendieron 250 boletos de adulto.

Sí quieres aprender más sobre sistemas de ecuaciones:

brainly.com/question/13729904

#SPJ1

5 0
2 years ago
Other questions:
  • Which facts are true about f(x)=log8^x?
    12·1 answer
  • The gas tank of the truck holds 30 gallons the gas tank of a passenger car holds 50% less how many gallons does it hold?
    6·1 answer
  • Neveah has created the function f(x) =the quantity of 2x plus 4, divided by 3 to represent the growth of her hair, where x repre
    10·1 answer
  • Help do this 868÷4 657÷2. 8473÷7 using long division
    9·2 answers
  • 3^(x−1) = 27<br> please and thank you in advance
    8·2 answers
  • Discrete and continuous random variables
    11·1 answer
  • Solve and graph -11 + 4u &lt; 1
    13·1 answer
  • Find the area of the circle when C = π/6 . Give your answer in terms of π.
    13·1 answer
  • Which graph represents a function?
    11·1 answer
  • You can find the derivative of the inverse function by differentiating the inverse explicitly, or by using the formula:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!