20000*0.45 = 9000 in the bond
20000*0.15 = 3000 in the CD
20000*0.20 = 4000 in stocks
20000*0.029 = 580 in savings
A=9000(1 + 4.35%)^3 = 10,226.33
A=3000(1 + 2.90%)^3 = 3,268.64
A=4000 (1 + 8%) x (1 - 4%) x (1 + 6%) = 4,396.03
A=580(1 + 4.35%)^3 = 4,545.04
Total value = 22,436.04
Gain = 22,436.04 - 20,000 = 2,436.04
Answer:
They have the same value when x=5
Step-by-step explanation:
4x
Let x = 4
4*5 = 20
15+x
Let x =5
15+5 = 20
They have the same value when x=5
Answer: See explanation
Step-by-step explanation:
Here is the remainder of the question:
a. Who has more money after the first additional deposit? Explain.
b. Who has more money after the second additional deposit?
a. Amount put in savings account = $300
Leroi's amount after first week = $300 + $60 = $360
Sylvia's amount after first week = $300 + (20% × $300) = $300 + (0.2 × $300) = $300 + $60 = $360
They both have equal amount after the first week.
b. After the second deposit,
Leroi's saving = $360 + $60 = $420
Sylvia's saving = $360 + (20% × $360) = $360 + $72 = $432
Sylvia has more savings after the second week
B = √(14² - 9²) = √(196-81) = √115 ≈ 10.7 units