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nadezda [96]
3 years ago
6

If the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 year

to earn enough interest to cover a single $9.99 Below-Minimum-Balance Fee?
$55,555
$55
$555
$5,555
Mathematics
1 answer:
krok68 [10]3 years ago
5 0
$55,555 would be the answer
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Tony is comparing two checking accounts. one has a monthly fee of $15 and a per-check fee of $0.20, and the other has a monthly
monitta
$20 minus $15 = $5 difference
$5 divided by $0.20 = 25 checks
*Now the accounts are even, except I haven't done the checks for the second account.*
25 checks times $0.10 = $2.50
$2.50 divided by $0.20 = 12.5 checks (round up in this case to 13)
*Now, you need to do 13 more checks on the second account*
13 checks times $0.10 = $1.30
$1.30 divided by $0.20 = 6.5 checks (round up in this case to 7)
*Now, you need to do 7 more checks on the second account*
7 checks times $0.10 = $0.70
$0.70 divided by $0.20 = 3.5 checks (round up in this case to 4)
*Now, you need to do 7 more checks on the second account*
4 checks times $0.10 = $0.40
$0.40 divided by $0.20 = 2 checks
*Now, you need to do 2 more checks on the second account*
2 checks times $0.10 = $0.20
$0.20 divided by $0.20 = 1 check
*Now, you need to do 1 more checks on the second account*
1 checks times $0.10 = $0.10
$0.10 divided by $0.20 = 0.5 checks (round up in this case to 1)
*Now, you need to do 1 more checks on the second account*
1 checks times $0.10 = $0.10
$0.10 divided by $0.20 = 0.5 checks
25 + 13 + 7 + 4 + 2 + 1 + 1 = 53 checks

Check your work!
Account #1- $15 + (53 times $0.20) = $25.60
Account #2- $20 + (53 times $0.10) = $25.30

Answer
53 checks

7 0
3 years ago
A circle passes through point (-2, -1) and its center is at (2, -1). Which equation represents the circle?
Anastaziya [24]

Answer:

  \text{A)}\qquad (x-2)^2+(y+1)^2=16

Step-by-step explanation:

The formula for a circle of radius r centered at (h, k) is ...

  (x -h)^2 +(y -k)^2 = r^2

Both of the given points are on the line y=-1. The distance between them is the difference of their x-coordinates, 2 -(-2) = 4. So, the radius of the circle is 4 and the equation becomes ...

  (x -2)^2 +(y -(-1))^2 = 4^2

  (x -2)^2 +(y +1)^2 = 16 . . . . . . . . . matches choice A

7 0
3 years ago
Sin2A+sin2B+sin2C÷4cosA/2.cosB/2.cosC/2​
Mrrafil [7]
The answer is c2 have a good day !!!! Bc you add all the numbers up and you will get it
3 0
2 years ago
Select the correct answer. What is the area of the cross section that is parallel to side PQRS in this rectangular box? A. 12 sq
qaws [65]

Answer:

12 square units.

Step-by-step explanation:

5 0
3 years ago
Can someone help pls​
scZoUnD [109]

Answer:

8) 10 m 9) 26 in 10) 51 m 11) 50 ft 12) 19.4 cm 13) 177.9 m 14) 40 15) 12 16) 14.7 17) 12.1

Step-by-step explanation:

You may solve the problems by using the Pythagorean Theorem which states that c^2 = a^2 + b^2, or in other words, the hypotenuse squared is equal to the sum of the legs squared.

Hope this helps! :-)

3 0
3 years ago
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