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
Is y=6/x-2 linear or nonlinear
zhannawk [14.2K]

Answer:

Non linear. It is a curve not a line.

8 0
3 years ago
Read 2 more answers
A store pays $60 for shoes and sells them for $90. What is the percent mark up?
Anton [14]

Answer:

50%

Step-by-step explanation:

5 0
2 years ago
12 inches increased by 36
crimeas [40]
12 + 36 = 48

your answer is 48 inch

hope this helps
7 0
3 years ago
Read 2 more answers
Consider a continuous random variable x, which is uniformly distributed between 65 and 85. The probability of x taking on a valu
madam [21]

We will see that the probability of x taking on a value between 75 to 90 is P = 0.5

<h3>How to get the probability?</h3>

We know that x is a continuous random variable uniformly distributed between 65 and 85.

This means that the probability that x value y in the range is such that:

1 = P(y)*(85 - 65) = P(y)*20

1/20 = P(y).

Now, the probability of x taking a value between 75 and 85 is:

P(75 to 85) = (1/20)*(85 - 75) = 10/20 = 0.5

And the probability between 85 and 90 is zero (because the maximum value that x can take is 85, so this part does not affect).

Then we conclude that the probability of x taking a value between 75 to 90 is:

P(75 to 90) = P(75 to 85) + P(85 to 90) = 0.5 + 0 = 0.5

If you want to learn more about probability, you can read:

brainly.com/question/251701

5 0
2 years ago
How many 3/4s are in 1​
kirza4 [7]

Answer and Step-by-step explanation:

There is 1\frac{1}{3} \frac{3}{4} in the number 1.

<em><u>#teamtrees #PAW (Plant And Water)</u></em>

5 0
3 years ago
Other questions:
  • Complete the following: 2197 is the CUBE root of ______<br>​
    7·1 answer
  • What is the simplest form of 10 over 5?
    6·2 answers
  • In the game of tic-tac-toe, if all moves are performed randomly the probability that the game will end in a draw is . Suppose si
    6·1 answer
  • Evaluate B to the 2nd power for B = -4.<br> a.-8<br> b.8<br> c.-16<br> d.16
    11·1 answer
  • In simplest firm what is 5/8 + 3/10
    10·2 answers
  • What is the mean absolute deviation of 10, 5, 7, 10, 19, 32, 25?​
    9·1 answer
  • 2x - 3= y + 3 <br>2x + y = -3<br>​
    13·2 answers
  • I am a number between 17 and 25. I am a multiple of 3. 6 is not a factor of mine.
    8·1 answer
  • Multiply = x(.67)<br><br> Multiply=x-.33x
    9·1 answer
  • 100 points and brainliest to whoever gives a good explanation and answer to the question. The graph shows a proportional relatio
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!