Answer: Brooklyn will have more money after two years
She'll have 13 more dollars compared to Patrick.
==============================================================
Explanation:
We'll be using this compound interest formula
A = P*(1+r/n)^(n*t)
The variables are:
- A = final amount at time t
- P = initial amount, aka deposit or principal
- r = decimal form of the annual interest rate
- n = number of times we compound the money per year
- t = number of years
Patrick has the following values:
- P = 300
- r = 0.03
- n = 4
- t = 2
which leads to...
A = P*(1+r/n)^(n*t)
A = 300*(1+0.03/4)^(4*2)
A = 318.479654345482
A = 318.48
Patrick will have $318.48 in his account after 2 years.
------------------------
For Brooklyn, she has:
- P = 300
- r = 0.05
- n = 12
- t = 2
Those values then plug into the formula to get...
A = P*(1+r/n)^(n*t)
A = 300*(1+0.05/12)^(12*2)
A = 331.482400667499
A = 331.48
Brooklyn will have $331.48 in her account after 2 years.
We can see that Brooklyn earns more compared to Patrick.
She has $331.48 - $318.48 = 13 more dollars compared to Patrick.
This is to be expected for two reasons:
- Her annual interest rate is higher (5% compared to 3%)
- The money in her account is compounded more frequently (12 times per year compared to 4 times per year)
Answer:
F(2)?
Step-by-step explanation:
Answer: 24.5
Step-by-step explanation:
So you have to remember that some sections are broken into medians so you have a 2:1 ratio in some areas. So XZ is 15 right, so you'd have to divide that section by 2 to get 7.5 for XY and FZ. Next FY is split into a 2 to 1 ratio with the YC being the larger one part to that would be the 2 and the FC being the smaller part to it's 1, so you'd divide the 21 using the 2:1 so FC would be 7 and YC would be 14. Lastly, there's XE. So XE would be split into a 2:1 ratio having the XC being the bigger part so it would be 2 and CE being the smaller part to it would be 1. So XC is 10 and CE is 5.
So now add together 7.5+7+10 to get the answer 24.5
Hope that helped :)
We can write this expression as 10 - 4 = 9 - x
10 - 4 = 9 - x
6 = 9 - x
6 - 9 = 9 - x - 9
-3 = -x
-3/-1 = -x/-1
3 = x
Hope This Helped! Good Luck!
Answer:
c
Step-by-step explanation: