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liraira [26]
3 years ago
13

If you are paid $42,000 per year, what is your type of payment?

Mathematics
2 answers:
Naddika [18.5K]3 years ago
7 0

Answer:

Hello There!!

Step-by-step explanation:

The answer is=>b.Salary.

hope this helps,have a great day!!

~Pinky~

Semenov [28]3 years ago
3 0
The correct answer is b. Please give me brainlest let me know if it’s correct or not okay thanks bye
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If the area of a circle is 58 square feet, find the circumference
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3 years ago
What's a simplified form of x-1+4+7x-3
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8 0
3 years ago
Megan has $15,000 to invest. She is considering two investment options. Option A pays 3.2% simple interest. Option B pays 4.1% i
True [87]

wheee



Compute each option


option A: simple interest


simple interest is easy

A=I+P

A=Final amount

I=interest

P=principal (amount initially put in)


and I=PRT

P=principal

R=rate in decimal

T=time in years


so given

P=15000

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T=10


A=I+P

A=PRT+P

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Simple interst pays $19,800 in 10 years




Option B: compound interest

for interest compounded yearly, the formula is

A=P(1+r)^t

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r=rate in decimal form

t=time in years


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P=15000

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A=15000(1+0.041)^{10}

A=15000(1.041)^{10}

use your calculator

A=22418.0872024

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in 10 years, the investment in the simple interest account will be worth $19,800 and the investment in the compounded interest account will be worth$22,418.09

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3 years ago
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