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Rudiy27
3 years ago
6

MaryJo is considering investing in 2 different mutual funds. Option A has an annual interest rate of 7% and requires a principal

of $10,000 with monthly deposits of $200 for 10 years. Option B has an annual interest rate of 9% and requires a principal of $10,000 with monthly deposits of $200 for 5 years.
Mathematics
2 answers:
andrey2020 [161]3 years ago
8 0

Answer:

What is the difference in the final balances of the two mutual funds?

Step-by-step explanation:

The difference is $12,400.

olya-2409 [2.1K]3 years ago
6 0

The option A mutual funds will be more effective.

Step-by-step explanation:

Option A:

Principal amount = $10000

Monthly deposit = $200

Time = 10 years

Rate of interest = 7%

Total deposit = (200 x 12 x 10) + 10000

= 24000 + 10000

= $34000

Interest = (34000 x 7 ) /100

= 340 x 7

= $2380

Total amount = 34000 + 2380

= $36380

Option B:

Principal amount = $10000

Monthly deposit = $200

Time = 5 years

Rate of interest = 9%

Total deposit = (200 x 12 x 5) + 10000

= 12000 + 10000

= $22000

Interest = (22000 x 9 ) /100

= $1980

Total amount = 22000+1980

= $23980

The option A mutual funds will be more effective.

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hodyreva [135]

Answer:

80

Step-by-step explanation:

every triangle adds up to 180 sort of, in this case, turn 4 into 40. 40+20=60 so add 80 to be 180!!!

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2 years ago
Please help on this. I am confused.
neonofarm [45]
The answer is 2x^2-3x-2.

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3 years ago
Helppppp plzzzz ASAP!!!!!!<br> Thank you!!!!!!
Zielflug [23.3K]

Answer:

option 4.

16 square units

Step-by-step explanation:

as we do not have the measures of the sides, but if the points of the vertices with Pythagoras we can calculate the sides.

P = (2 , 4)

S = (4 , 2)

we have to subtract the values ​​of p from s

PS = (4 - 2  , 2 - 4)

PS = (2 , -2)

by pitagoras h ^ 2 = c1 ^ 2 + c2 ^ 2

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c1: leg 1

c2: leg 2

PS^2 = 2^2 + -2^2

PS = √ 4 + 4

PS = √8

PS = 2√2

S = (4 , 2)

R = (8 , 6)

SR = (8-4  ,  6-2)

SR = (4 , 4)

by pitagoras h ^ 2 = c1 ^ 2 + c2 ^ 2

h: hypotenuse

c1: leg 1

c2: leg 2

SR^2 = 4^2 + 4^2

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3 0
3 years ago
Mr. Meadows has a 6 1⁄2 gallon bucket. His dipping can holds 1 1⁄2 gallons. How many times does he have to dip into the pond wit
svlad2 [7]

Answer:

He has to dip it 5 times

Step-by-step explanation:

each time he dips it, he gets 1 1/2, or 1.5 gallons. how many times can you add 1.5 to 6 1/2, or 6.5. It is 4 1/3 times, but since you can't dip the bucket 1/3 of a time, it is counted as 1, so 5

3 0
2 years ago
Read 2 more answers
Give that the line y=4x-14 passes through the point (k,k+1), find the value of k.​
balandron [24]

Answer:

k = 5

Step-by-step explanation:

The given line is y = 4x - 14.

The given point is (k, k + 1).

For this point, x = k and y = k + 1.

You substitute these equations into the line's equation to find the value of k.

(x = k)

(y = k + 1)

y = 4x - 14

(k + 1) = 4(k) - 14

Solve for k.

k + 1 = 4k - 14

Subtract k from both sides.

1 = 3k - 14

Add 14 to both sides.

15 = 3k

Divide both sides by 3.

15/3 = k

Simplify.

5 = k

And that's the answer!

Please mark as Brainliest! :)

7 0
3 years ago
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