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
SOVA2 [1]
3 years ago
8

Consider two​ investments, one earning simple interest and one earning compound interest. If both start with the same initial de

posit​ (and you make no other deposits or​ withdrawals) and earn the same annual interest​ rate, how will the balance in the simple interest account compare to that of the compound​ interest?
Mathematics
1 answer:
Len [333]3 years ago
6 0

Answer:

Ratio between balances will be:

(x*(1+i)*n)/(x*(1+i)^n)

Where;

x = deposit

%i = interest rate annual

n = years

Step-by-step explanation:

Lets say first deposit is x$ for both investment and annual interest rate for both investment are %i. Also, they stayed under i interest in n years:

Total balance for simple interest is:

Total balance=x*(1+i)*n

How ever total balance for compound interest is:

Total balance=x(1+i)^n

You might be interested in
2. Explain. How do you know something is a pattern?
trapecia [35]

Answer:

It repeats over and over..

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Determine which equation is parallel to the line JK and which is perpendicular to like JK
sattari [20]

Answer:

If the equation of JK is y = mx + c, then y = mx + c' is the equation of the straight line parallel to above and y = - \frac{1}{m}x + b will be perpendicular to that.

Step-by-step explanation:

Let us assume that the line JK has the equation in slope-intercept form as  

y = mx + c ............. (1)

Therefore, the equation has slope = m

Now, any straight line having an equation with slope m will be parallel to line JK.

So, the equation of the straight line which is parallel to equation (1) will be  

y = mx + c', where, c' is any real constant.

Now, let us assume that another straight line having equation  

y = nx + a is perpendicular to the line JK i.e. equation (1).

Now, we know if two lines are perpendicular to each other then the product of their slopes will be - 1.

So, mn = - 1

⇒ n = - \frac{1}{m}

Therefore, the equation of a straight line which is perpendicular to equation (1) will be y = - \frac{1}{m}x + b where b is any real constant. (Answer)

3 0
3 years ago
Read 2 more answers
How do I do this question!
Flauer [41]

Answer:2 x 3

Step-by-step explanation:

3 0
2 years ago
Read 2 more answers
Alex was visiting his uncle joe for summer break. Combined, they are 70 years old. Uncle Joe is 4 times as old as Alex. Create a
MA_775_DIABLO [31]

x = age of Alex

4x + x = 70

5x = 70

x = 14 = Alex's age

4x = 56 = Alex's uncle's age

4 0
3 years ago
How do I take 8 times 5/12
Butoxors [25]
U put 8/1 times 5/12 and multiply straight across and get 40/12
6 0
3 years ago
Other questions:
  • Darius has mowed 1/5 of his backyard. Which is a better estimate for how much of the lawn he has left to mow: almost all of the
    7·2 answers
  • Positive integers are whole numbers that are greater than zero true or false
    13·2 answers
  • The earth is 4,540,000,000 years old.
    6·1 answer
  • According to the manufacturer, about 31% of chewy candy in a package of Cherry's Chews are strawberry. What is the probability t
    12·1 answer
  • Which of the following is not a rigid transformation?
    9·2 answers
  • Please help!!<br><br> Find the value of x
    14·1 answer
  • Find the missing side length. Leave your answers radical in simplest form. PLEASE HURRY
    7·1 answer
  • Rewrite using a single exponent!<br> 8² times 8³
    8·1 answer
  • Luke and Matthew ran a lemonade stand on Saturday. They agreed that Matthew would get 60%, percent of the profit because the lem
    5·2 answers
  • The point (0, 4) is located
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!