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
Sergeu [11.5K]
3 years ago
11

A savings account at Bank A pays 5% simple interest. An account at Bank B pays 2% compound interest. The table shows the balance

in each account after an initial deposit of $1000.Which describes the balances after a long period of time?
Year BankA BankB
1 $1000 $1000
2 $1050 $1020
3 $1100 $1040.40
4 $1150 $1061.21
5 $1200 $1082.43
A.The balance in BankA will be greater.
B.The balance in BankB will be greater.
C.The Balances will be the same.
Mathematics
2 answers:
hram777 [196]3 years ago
6 0
After a long period of time The balance in BankB will be greater.

Because simple interest is just interest on the principle only which is 50 every year doesn't change but with compound interest you will get 2% Interest every year (interest on principle+interest of the previous year)

So it's b

Hope it helps

-BARSIC- [3]3 years ago
5 0

the balance in bank b will be greater

You might be interested in
Evaluate the expression when x = –18. x-10/4<br><br> Very confused on how to solve this one.
Amiraneli [1.4K]
Well evaluate means solve . so you just substitute the -18 in place of x you'll get -18-10/ 4

which is -28/4 = -7
5 0
4 years ago
<img src="https://tex.z-dn.net/?f=g%28x%29%20%3D%20%20%5Cfrac%7B3%7D%7Bx%20-%204%7D%20" id="TexFormula1" title="g(x) = \frac{3}
liberstina [14]

You are right about the domain

it is all real values of x except 4

So about the range we must make x subject of the formular so we know the values of y in which g(x) is defined

undefined

u

6 0
2 years ago
In a normal distribution, the mean is ____ it's mean and mode
Blizzard [7]
In a normal distribution, the median (I think you meant to say) is equal to the mean and mode.
6 0
3 years ago
<img src="https://tex.z-dn.net/?f=65%20-%202%20%5Ctimes%20b%20%3D%2055" id="TexFormula1" title="65 - 2 \times b = 55" alt="65 -
jeka94

Answer:

b = 5

Step-by-step explanation:

- add -65 at the two members:

65-65 -2b = 55-65

-2b = -10

- divide the two members for -2

b = 5

4 0
3 years ago
Read 2 more answers
I need help solving (5-6x9+6)x9+3-85 I came up with -109. Is that right
WITCHER [35]
Multiply <span>−6</span> by 9 to get <span>−54</span>.<span><span><span><span>(<span><span>5<span>−54</span></span>+6</span>)</span>⋅9</span>+3</span><span>−85</span></span>Subtract 54 from 5 to get <span>−49</span>.<span><span><span><span>(<span><span>−49</span>+6</span>)</span>⋅9</span>+3</span><span>−85</span></span>Add <span>−49</span> and 6 to get <span>−43</span>.<span><span><span><span>−43</span>⋅9</span>+3</span><span>−85</span></span>Multiply <span>−43</span> by 9 to get <span>−387</span>.<span><span><span>−387</span>+3</span><span>−85
</span></span>Add <span>−387</span> and 3 to get <span>−384</span>.<span><span>−384</span><span>−85</span></span>Subtract 85 from <span>−384</span> to get <span>−469</span>.<span><span>−469 

thats what i did to get -469. show your work for finding -109 and we can compare

</span></span>
4 0
4 years ago
Read 2 more answers
Other questions:
  • What are the coordinates of Q?
    7·1 answer
  • How much is 15% of $25.00
    11·1 answer
  • What does the term epicenter refer to?
    9·1 answer
  • When I was 10 my sister was half my age, now I’m 30. How old is my sister?
    12·2 answers
  • Write 3/5 as a percent?​
    5·2 answers
  • How do you say hi in chamoru?​
    9·1 answer
  • 13. How much money will 8820 Vield in investa
    14·1 answer
  • Sylvie is 3 years older than twice edders age if sylvie is 27 years old how old is edder
    6·1 answer
  • Question 1 Three friends split the cost of a pizza and a salad. The pizza costs $15 and the salad costs $6. Which expression can
    12·1 answer
  • What is the answer QUICKLY PLZ −6+|2x+7|=−10
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!