Jamie deposits $1,600 into two different savings accounts. Account I is compounded annually at an interest rate of 2.75%. Accoun
2 answers:
Answer:
The correct answer is $22.79.
Step-by-step explanation:
Jamie deposits $1,600 into two different savings accounts.
Account I is compounded annually at an interest rate of 2.75%.
Time for the investment is 2 years.
Thus Amount in account I after two years time is
Principal × = 1600 ×
= $1689.21.
Account II is a simple interest investment with a 3 1/2% = 3.5% interest rate.
Time for the investment is 2 years.
Thus Amount in account II after two years time is
Principal + Principal × time × = 1600 + 16 × 2 ×3.5 = 1600 + 112 = $1712
The difference between the two accounts after 2 years is
$ (1712 - 1689.21) = $22.79.
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Answer:
In every 42 days, Sherman and Brad will go golfing on the same day.
Step-by-step explanation:
Given:
Sherman goes golfing every 6th day.
Brad goes golfing every 7th day.
If they both went golfing today, we need to determine how many days unit they will go golfing on the same day again.
Solution:
In order to determine how many days unit Sherman and Brad will go golfing on the same day again, we will take least common multiple of 6 and 7.
To find least common multiple of 6 and 7, we will list out their multiples.
We find out that the least common multiple of 6 and 7 =42.
Thus, we can conclude that Sherman and Brad will go golfing on same days on every 42nd day after they meet..
Step-by-step explanation:
Given points are (-2,5) and (3,-17)
to find midpoint, use this formula
( x1+x2/2 , y1+y2/2)
where points are a(x1,y1) and b(x2,y2)
coming to the question,
midpoint is :
[ (-2-3)/2 , (5-17)/2 ]
[ -5/2 , -12/2 ]
[ -2.5 , -6 ]
OPTION IS CORRECT