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Stella [2.4K]
3 years ago
7

Melanie invests $4,000 into an account offering 4% interest compounded annually. Gina invests $4,000 into a simple interest savi

ngs account offering a 4.5% interest rate. What is the dollar amount of the greater balance at the end of five years? Round to the nearest dollar. Use the formula es026-1.jpg for compound interest; Use the formula es026-2.jpg for simple interest.
Mathematics
2 answers:
VashaNatasha [74]3 years ago
4 0
Melanie: 
Amount after 5 years = 4000(1 + 0.04)⁵ = $4867

Gina:
Amount after 5 years = 4000 + 5(0.045 x 4000) = $4900

Answer: Gina has the greater balance and her balance is $4900.
Natalija [7]3 years ago
3 0

Answer:

4900

explanation: i did the test

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Behind my math class help pls
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Answer:

Please check the explanation.

Step-by-step explanation:

Part a)

Given that the two parallel lines are crossed by a transversal line.

Given that

m∠2 = 2x + 54 and m∠6 = 6x - 11

Angle ∠2 and ∠6 are corresponding angles.

Corresponding angles are congruent.

Thus,

m∠2 = m∠6

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flipe the equation

6x - 11 = 2x + 54

subtract 2x from both sides

6x - 2x - 11 = 2x - 2x + 54

4x - 11 = 54

adding 11 to both sides

4x - 11 + 11 = 54 + 11

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dvide both sides by 4

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x = 16.2500    (round to 4 decimal places)

Part b)

We have already determined

x = 16.2500

Given

m∠2 = 2x + 54

substitute x = 16.2500 in the euation

        = 2(16.2500) + 54

        = 86.5°

As angle ∠2 and angle ∠1 lie on a straight line. Hence, the sum of their angles must be 180°.

i.e.

m∠1 + m∠2 = 180°

substituting m∠2 =  86.5° in the equation

m∠1 + 86.5°  = 180°

subtracting 86.5° from both sides

m∠1 + 86.5° - 86.5° = 180° - 86.5°

m∠1 = 93.5°

Therefore, the measure of angle m∠1 is:

  • m∠1 = 93.5°
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