Answer:
Hi Ok So I might be wrong but Here is my answer
$1237.50
r = 4.5% = 0.045
I = prt
I = 5500*0.045*5
= $1237.50
Hope i helped pls mark me as brain list if I'm correct
Step-by-step explanation:
Answer:
-1/8
Step-by-step explanation:
Answer:
The answer is A. 10b = c
Step-by-step explanation:
Well if it's $10 per book and the total cost is C. Then you would multiply the amount of books with the cost per book and have it equal the the total C.
C. Savings account B because it has more compounding periods per year.
Step-by-step explanation:
Step 1:
Savings account A has an APR of 5% which compounds interest semiannually. This means that savings account A compounds twice in a year. If account A compounds 5% a time, it would compound 5(2) = 10% in a single year.
Step 2:
Savings account B also has an APR of 5% which compounds interest quarterly. This means that savings account B compounds four times in a year. If account B compounds 5% a time, it would compound 5(4) = 20% in a single year.
Step 3:
Savings account A gets an interest of 5% a year while savings account B gets an interest of 10% so account B offers a higher APR because of more compoundings in a year.
