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
kicyunya [14]
3 years ago
13

Melissa has $1,000.00 to invest for 5 years. She can choose either simple interest at 6.4% interest, or compound interest at 12.

8% interest, compounded annually.
Which is the better investment?

A. A compound interest investment would be better, because Melissa would earn $826.19 in compound interest.

B. A simple interest investment would be better, because Melissa would earn $826.19 in simple interest.

C. A simple interest investment would be better, because Melissa would earn $320.00 in simple interest.

D. A compound interest investment would be better, because Melissa would earn $320.00 in compound interest.
Mathematics
1 answer:
Harlamova29_29 [7]3 years ago
6 0

Answer:

A

Step-by-step explanation:

simple interest

1000 x 6.4% x 5 = 320

compound int

1000(1+12.8/100)^5 - 1000=826.188

You might be interested in
What is the rule for the reflection?
BartSMP [9]
The answer is A, Brainliest please
6 0
3 years ago
Read 2 more answers
What is 2/3 times 7 wholes
Romashka-Z-Leto [24]
2/3 times 7 wholes is the same was 7 because 1 whole is 1.
What would you do it multiply the numerator and numerator so the would be 2x7. Then we would multiply the denominators. 3x1=1. Therefore the answer is 14/3.
6 0
4 years ago
Which angles are alternate interior angles
NNADVOKAT [17]

Step-by-step explanation:

the two alternate interior angles are Angle GHE and DEH

8 0
3 years ago
Please help, easy geometry​
iVinArrow [24]

Answer:

  26 cm²

Step-by-step explanation:

The area of the rectangle whose dimensions are shown at the right and bottom is ...

  (6 cm)(7 cm) = 42 cm²

The figure is smaller than that by the area of the space whose dimensions are shown at the right and in the middle left:

  (4 cm)(4 cm) = 16 cm²

The figure area is then the difference ...

  42 cm² - 16 cm² = 26 cm²

_____

<em>Alternate solution</em>

Draw a diagonal line between the lower right inside corner and the lower right outside corner. This divides the figure into two trapezoids.

The trapezoid at lower left has bases 7 and 4 cm, and height 6-4 = 2 cm. Its area is ...

  A = (1/2)(b1 +b2)h = (1/2)(7 + 4)(2) = 11 . . . . cm²

The trapezoid at upper right has bases 6 cm and 4 cm and height 3 cm. Its area is ...

  A = (1/2)(b1 +b2)h = (1/2)(6 + 4)(3) = 15 . . . . cm²

Then the area of the figure is the sum of the areas of these trapezoids, so is ...

  11 cm² + 15 cm² = 26 cm²

_____

<em>Comment on other alternate solutions</em>

There are many other ways you can find the area of this figure. It can be divided into rectangles, triangles, or other figures of your choice. The appropriate area formulas should be used, and the resulting partial areas added or subtracted as required.

You can also let a geometry program find the area for you. (It is 26 cm².)

8 0
4 years ago
Find the GCF of 18a and 20ab (and please explain why your answer is what it is)
jok3333 [9.3K]
I hope this answer helps you out

7 0
4 years ago
Read 2 more answers
Other questions:
  • If SLDG is an isosceles trapezoid, what is the value of x?
    14·1 answer
  • suppose the sales tax rate is 9%. if the sales tax amount is $117 on a taxable item, what is the price of the item before tax?
    10·1 answer
  • A machine can stamp 36 bottle caps in 10 seconds.
    9·1 answer
  • Find the distance between (-4,-3) and (-8,7)​
    5·1 answer
  • 8 mi. 133 yd. 2 ft. – 5 mi. 107 yd. 2 ft.
    7·1 answer
  • Erika worked 14 hours last week and 20 hours this week. If she earns $9 per hour, how much did she earn these two weeks?
    11·2 answers
  • The measure of b is..
    12·2 answers
  • Please help, I don't get this
    8·1 answer
  • PLEASE HELP!
    12·1 answer
  • Find the slope or state why it’s undefined
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!