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Misha Larkins [42]
3 years ago
15

Larry and Peggy are making decisions about their bank accounts. Larry wants to deposit $350 as a principle amount, with an inter

est of 4% compounded quarterly. Peggy wants to deposit $350 as the principle amount, with an interest of 6% compounded monthly. Explain which method results in more money after 2 years. Show all work.
Mathematics
1 answer:
Pani-rosa [81]3 years ago
4 0
Larry
A=350×(1+0.04÷4)^(4×2)
A=378.99
Peggy
A=350×(1+0.06÷12)^(12×2)
A=394.51

So peggys investment is more
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a parking meter has 32 coins in nickels and quarters. the coins are worth $3.20. how many quarters and how many nickels are in t
BigorU [14]

Answer:

n = 24

q = 8

Step-by-step explanation:

Let:

n = nickels

q = quarters

5n + 25q = 320

n + q = 32

n = 32 - q

Substitute (to solve for q):

5(32 - q) + 25q = 320

160 - 5q + 25q = 320

160 + 20q = 320

20q = 320 - 160

20q = 160

q = 160 ÷ 20

q = 8

Substitute (to solve for n):

n = 32 - q

n = 32 - (8)

n = 24

8 0
3 years ago
Assume that you are going to open a checking account. You are examining different banks and banking accounts to choose a bank ac
777dan777 [17]

Answer:the answer is b

Step-by-step explanation:

i took the test

4 0
3 years ago
Please help me on 9 & 10 ! Will give you brainliest
vlabodo [156]

9. The decrease in population for Lakeside 5,500.

You can find this by taking the new amount and subtracting the original amount. This will give you the net change.

new - old = net change

45,800 - 51,300 = net change

-5,500 = net change

10. The percent increase for Riverview is +51%.

You can find that by looking at the formula for percent change.

\frac{new - old}{old}

\frac{63000 - 41700}{41700}

\frac{21300}{41700}

51%

5 0
3 years ago
For a weekly car rental, a car rental company charges customers a flat fee of $100 plus
zlopas [31]

The way you typed out this sentence was a bit confusing but I think you were saying...

For a weekly car rental, a car rental company charges customers a flat fee of $100 +  and charges 10 cents for every mile traveled. write an equation for the amount of a weekly rental car that travels 15 miles (Please let me know if I am wrong)

The equation would be

10+10 +10+ 10+ 10+ 10+ 10+ 10+ 10+ 10+ 10+ 10+ 10+ 10+ 10 = 150 cents

so they would be charging $1.50

Hoped this helped!

Have a great day/night! :)

8 0
3 years ago
Question 25
AysviL [449]

Answer:

120

Step-by-step explanation:

First, you have to calculate the money that Seth would spent if he goes to 30 movies if his father gets the summer movie pass by adding up the cost of the pass plus the result of multiplying the cost per movie with the pass for the number of movies:

30+(3*30)=30+90=120

Second, you need to calculate the money that Seth would spent if he goes to 30 movies without the pass by multiplying the normal price per movie for the number of movies:

8*30=240

Third, you need to find the difference between both costs:

240-120=120

According to this, the answer is that if Seth plans to go to 30 movies this summer, he would save 120.

8 0
3 years ago
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