With compounding, the amount in her account would be $10,050.
With simple interest, the amount that would be in her account would be $10,100.
Usually, an account that earns compound interest would have a higher value when compared with an account that earns a simple interest.
<h3>How much would Stephanie have in her account after 6 months?</h3>
The formula that is used to calculate the future value with quarterly compounding is:
FV = P(1 + r)^n
- P = amount deposited
- r = interest rate = 2%/4 = 0.5%
- n = number of periods = 1
10,000(1.005) = 10,050.
Simple interest = 10,000 x 6/12 x 2% = $100
10,000 + 100 = $10,100
To learn more about compound value, please check: brainly.com/question/26331578
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Answer: 360
Step-by-step explanation:
I think this is the answer
Answer:
g(x) = (4x) 2
Step-by-step explanation:
Answer:
2/5
Step-by-step explanation:
First, we need to find the slope of line a. To do this, we subtract the two y values and then the two x values and divide these two differences.
10-5=5
6-8=-2
5/-2= -5/2
A perpendicular line's slope will always be equal to the negative reciprocal of the intersects. So, we just flip the numerator and denominator and then add a negative to our first slope to get the slope of line b.
-2/5
--2/5
2/5
Have a wonderful day! :D
Answer:sry can't help hope you find somebody that will give you the right answer
Step-by-step explanation: