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
sergejj [24]
3 years ago
11

Lease help...

Mathematics
2 answers:
m_a_m_a [10]3 years ago
6 0
Bank A = 1000 x  (1 + (0.04*6)) = $1,240

Bank B = 1000 x (1+0.03)^6 = $1,194.05

Bank A would be worth more

Ilia_Sergeevich [38]3 years ago
4 0

Answer:

He should place it in Bank A

For bank A Total amount = $1240

For bank bA= $1196.68

Step-by-step explanation:

For bank A with simple interest rate of 4%

Interest = PRT/100

Interest =( 1000*4*6)/100

Interest=$240

Total amount = principal + interest

Total amount = $1000+$240

Total amount = $1240

For Bank B with compound interest rate of 3%

A = p(1+r/n)^(nt)

A = 1000(1+(0.03/6))^(6*6)

A = 1000*1.19668

A= $1196.68

You might be interested in
A parabolic listening device is shaped such that the depth of the bowl depends on its radius and can be represented by the curve
Rus_ich [418]

Answer:

7.428 inches

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
If T(n) = 3n -5 what is the 3rd term
PtichkaEL [24]
Tn=3n-5 therefore: T(3)=3(3)-5 T(3) =4
4 0
3 years ago
How much interest is earned on $250 at 10% for five years
djyliett [7]
$154.63

Year 1: $25
Year 2: $27.5
Year 3: $30.25
Year 4: $33.28
Year 5: $36.60
3 0
3 years ago
Can someone please help me with this?? please please please help me
Nadya [2.5K]

Step-by-step explanation:

base is 12, hypotenuse is 20

so X² is h²-b²

so X=16

8 0
3 years ago
Please please please help me
Leviafan [203]
The correct answer is 17 what i did was plug in 17 where ever you see x so x2 would be 17x2 an then plus the 5 gives u 39 3x 17x3=51 51+10=61 now add the totals 61 plus 39 gives u 100
8 0
3 years ago
Read 2 more answers
Other questions:
  • Identify the slope of the following equation . 5x+6y=4​
    11·2 answers
  • Judy left 4/5 of stew for Dan.Dan ate 2/5 of what she left
    8·1 answer
  • Helppppp pleaseee :)
    5·1 answer
  • Area of a trapezium.​
    7·2 answers
  • Please help its due soon ill give brainlest
    7·1 answer
  • In a recent year, 34.3% of all registered doctors were female. If there were 51,300 female registered doctors that year, what wa
    7·1 answer
  • The following figure shows AABC with side lengths to the nearest tenth.
    9·1 answer
  • Please help and I will give brainliest<br><br><br><br> ( no trolling )
    11·1 answer
  • Find the value of x. For Geometry​
    7·1 answer
  • The nth term of a sequence is 3n squared.<br> What is the 15th term
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!