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
belka [17]
3 years ago
11

Please see attached below and please explain how to solve.

Mathematics
1 answer:
densk [106]3 years ago
5 0

Answer:

  The 6% simple interest account earns more interest in 2 years.

Step-by-step explanation:

You can compare the multipliers in the interest formulas.

For simple interest, the amount in the account (A) starting with principal P and earning at rate r for t years will be ...

  A = P(1 +rt)

For the values given, r=.06 and t=2, the multiplier is ...

  1 +rt = 1 +.06·2 = 1.12

__

For interest compounded annually, the amount will be ...

  A = P(1 +r)^t

For the given values, the multiplier is ...

  (1+r)^t = (1.04)^2 = 1.0816

__

Since 1.12 > 1.0816, the account earning simple interest will earn more interest.

You might be interested in
**WILL GIVE BRAINLIEST** MUST SHOW WORK!
Art [367]

To find the average of an amount of numbers, we simply add them up and divide them by the amount of numbers we have. For example, if we have 1,2, and 3 as our numbers, we can see that we have three numbers. Next, we add them up to get 1+2+3=6. Lastly, we divide 6 by the amount of numbers we have (3) to get 6/3=2 as our average. Applying that here, we see that there are four numbers. Next, we add them up using a calculator to get 5,678.54+3,665.77+4,231.98+4,768.99 =18345.28 . Finally, we divide that number by the amount of numbers we have (using a calculator) to get 18345.28/4=4,586.32, making B your answer.


Feel free to ask further questions, and Happy Halloween!

8 0
3 years ago
Square root of 2 blank 1.8 repeating wich is greater
Gnoma [55]
1.8 is the higher number. The square root of 2 starts with 1.4
4 0
4 years ago
A natural no has been divided into 2 parts in the ratio 5:9. f the difference of the parts is 24, find the no. and the 2 parts.
natta225 [31]

Answer:

84; 30 and 54

Step-by-step explanation:

9x-5x=24

4x=24

x=6

5*6=30

9*6=54

30+54=84

7 0
4 years ago
Mike is putting up a snow fence on the west side of his property. He needs a post at each end to hold the fence up and would lik
Slav-nsk [51]

Answer:

k.lkkkkkkkkkkkkk

<h2>Step-by-step explanationkkkkkkkkkkkkkkkkkkkkkk<em>mm</em>:hhhhhhhhhhhhhhmjj</h2>

7 0
3 years ago
Read 2 more answers
Khloe has 28 coins in her collection. That is five more than kourntey has. How many does kourtney have?
AnnyKZ [126]

28 is five more than 23

7 0
3 years ago
Read 2 more answers
Other questions:
  • When radioactive substances​ decay, the amount remaining will form a geometric sequence when measured over constant intervals of
    14·1 answer
  • Chris has 150 cookies to sell each cookie is covered with one topping 1 /5 of cookie are covered with coconut 1/3 of the cookie
    8·1 answer
  • How get this answer 11/5-2/5
    13·2 answers
  • <img src="https://tex.z-dn.net/?f=%20%5Csqrt%7B1%7D%20" id="TexFormula1" title=" \sqrt{1} " alt=" \sqrt{1} " align="absmiddle" c
    5·2 answers
  • Which of the following is not a right triangle?
    9·1 answer
  • Jay and nathan are running a race in track field. who has the faster time? Explain.
    13·1 answer
  • (
    12·1 answer
  • What is the meaning of the point with an x-coordinate of 2?
    10·1 answer
  • Does this graph represent a function? Why or why not?
    12·1 answer
  • Rowan opens a savings account with $25 and saves $75 per month. Reem opens a savings account with $225 and saves $25 per month.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!