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masya89 [10]
3 years ago
6

April and Cody invest $5,000 each at their local bank. April invests at a 4% simple interest rate for three years. Cody invests

at a 4% compound interest rate, and earns $624.32 in interest. What is the difference in their account balances at the end of 3 years?
Mathematics
2 answers:
Afina-wow [57]3 years ago
8 0

Answer:

106.43

Step-by-step explanation:

congrats

horrorfan [7]3 years ago
8 0

Answer:

106.43

Step-by-step explanation:

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Find the value of 2x+8y when X= -5 and y=6​
Y_Kistochka [10]

Answer:

30

Step-by-step explanation:

Substitute the x in the expression with a -5 and substitute the y in the expression with a 6

2(-5)+8(6)

-10+40

30

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3 years ago
Find each sum simplify if possible
padilas [110]
3/5
This will help you
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A bank pays 5% interest compounded annually. What principal will grow to $12,000 in 10 years.
makvit [3.9K]
<h3>Answer: 7366.96 dollars</h3>

========================================================

Use the compound interest formula:

A = P(1+r/n)^(n*t)

where in this case,

A = 12000 = amount after t years

P = unknown = deposited amount we want to solve for

r = 0.05 = the decimal form of 5% interest

n = 1 = refers to the compounding frequency (annual)

t = 10 = number of years

-------

Plug all these values into the equation, then solve for P

A = P(1+r/n)^(n*t)

12000 = P(1+0.05/1)^(1*10)

12000 = P(1.05)^(10)

12000 = P(1.62889462677744)

12000 = 1.62889462677744P

1.62889462677744P = 12000

P = 12000/1.62889462677744

P = 7366.95904248911

P = 7366.96

6 0
3 years ago
At an amusement park, a group of 154 people wants to ride the roller coaster. If each car on the roller coaster holds 9 people,
Vsevolod [243]

Answer:

1

Step-by-step explanation:

you simply divide 154 by 9, get around 17.1. 17 is the closest whole number answer, so 17*9 is 153.

do 154-153, you get 1.

not the best explaination but i hope it helps.

6 0
3 years ago
Solve similar triangles (advanced)<br> Solve for x<br> x=?
lesya692 [45]

Answer:

x = 1.2

Step-by-step explanation:

AD/AB = DE/BC (Similarity Theorem)

AD = 6 + 4 = 10

AB = 6

DE = 2

BC = x

Plug in the values

10/6 = 2/x

Cross multiply

10*x = 2*6

10x = 12

Divide both sides by 10

x = 12/10

x = 1.2

8 0
3 years ago
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