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aleksley [76]
3 years ago
5

Leroi and Sylvia both put $200 in a savings account. Leroi decides he will put in an additional $40 each week. Sylvia decides to

put in an additional 20% of the amount in the account each week. Who has more money after the first deposit? second?, and third?
Mathematics
1 answer:
Arlecino [84]3 years ago
4 0

Answer:

First deposit - Same amount

Second deposit - Sylvia

Third deposit - Sylvia

Step-by-step explanation:

Leroi put $200 in their account. They will add $40 every week.

Deposit 1: $240

Deposit 2: $280

Deposit 3: $320

Sylvia put $200 in their account. They will add 20% of the amount in the account each week.

Deposit 1: $240 (20% of $200 is $40)

Deposit 2: $288 (20% of $240 is $48)

Deposit 3: $345.60 (20% of $288 is $57.60)

So, Sylvia and Leroi have the same amount of money in their accounts after the first deposit. After the second and third deposit, Sylvia has more money.

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$3,250 is withdrawn at the end of every month from an account paying 4.1% compounded monthly. Determine the previous value of th
kirill [66]
The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.

FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
4 0
3 years ago
WILL GIVE BRAINLIEST AND 100 PNTS!! Which of the tables represents a function? Table A Input Output 5 3 5 2 4 1 Table B Input Ou
expeople1 [14]

Answer:

Table B

Step-by-step explanation:

Table A Input Output

                5 3

                5 2

                4 1

Has  an input that goes to 2 different outputs, not a function

Table B Input Output

                 1 2

                 3 2

                 5 3

one to one relation which is a function

Table C Input Output

                 0 0

                 1 2

                 1 3

Has  an input that goes to 2 different outputs, not a function

Table D Input Output

                  4 2

                 4 3

                 4 4

Has  an input that goes to 2 different outputs, not a function

4 0
3 years ago
A line that includes the point (-3,-4) and (-4,f ) has a slope of 6. What is the value of f?
Eduardwww [97]

Answer:

f = -10

( -3, -4) ( - 4 , -10)

Step-by-step explanation:

Formula for slope

m =( y_2 - y_1)/(x _2 - x _1)

m = 6

6 = (y_2 - y_1) / (x _2 - x_1)

Substitute the points

( -3 , -4) ( -4 , f)

x_1 = -3

y_1 = -4

x_2 = -4

y_2 = f

Insert the values into

6 = (y_2 - y_1) / (x_2 - x_1)

6 = (f - (-4))/ ( -4 - (-3)

6 = ( f + 4)/ ( -4 + 3)

Cross multiply

6 ( -4 + 3) = f + 4

6 ( -1) = f + 4

-6 = f + 4

-6 - 4 = f

f = -6 - 4

f = -10

( -3 , -4) ( -3 , f)

The value of f is -10

( -3 , -4) ( -3 , -10)

8 0
4 years ago
3) help I have the answers to these I just need to show the work
vivado [14]

Answer:

will u be my gi rlfriend I love you

8 0
3 years ago
1.12- 2 3/5 QUICK!!!​
Rzqust [24]

Answer:

47/5 or 9 2/5

Step-by-step explanation:

12/1-13/5

60-13/5

=47/5

7 0
3 years ago
Read 2 more answers
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