Answer:
checking account A is the better deal.
Step-by-step explanation:
A charges a monthly service fee = $12.00
Wire transfer fee = $10.50
B charges a monthly service fee = $21.00
Wire transfer fee = $8.50
If the requirement is four wire transfer per month
A charges for 4 wires = 10.50 × 4 = $42.00
and adding monthly service fees = 42.00 + 12.00 = $54.00
B charges for 4 wires = 8.50 × 4 = $34.00
and adding monthly service fees = 34.00 + 21.00 = $55.00
Therefore A charges less than B, so checking account A is the better deal.
4
x
+
y
−
2
z
=
0
4
x
+
y
-
2
z
=
0
,
2
x
−
3
y
+
3
z
=
9
2
x
-
3
y
+
3
z
=
9
,
−
6
x
−
2
y
+
z
=
0
-
6
x
-
2
y
+
z
=
0
x
+
2
y
=
4
x
+
2
y
=
4
,
2
x
+
4
y
=
8
2
x
+
4
y
=
8
3
x
+
y
=
4
3
x
+
y
=
4
,
6
x
−
7
y
=
2
We solve the as follows:
<span>1. Solve proportion 12/15 = 18/b
</span>( 12/15 = 18/b ) b<span>
( 12b/15 = 18 ) 15/12
b = 18(15/12)
b = 45/2
2. Solve equations
A. -x + 4 = x +6
</span>-x + 4 - x = x +6 - x
<span>-2x + 4 - 4 = 6 - 4
-2x = 2
x = -1
B. 5n + 7 =7(n+1) -2n
5n + 7 = 7n + 7 - 2n
5n -7n + 2n = 7 - 7
0 = 0
C. -4(p+2) + 8 = 2(p-1) - 7p + 15
-4p - 8 + 8 = 2p - 2 - 7p + 15
-4p + 7p - 2p = -2 + 15 + 8 - 8
p =13
3. Solve a/b x - c = 0 for x
</span>a/b x - c = 0
( a/b x = c ) b/a
x = bc / a
Answer:
$ 254.85
Step-by-step explanation:
Total amount invested = $ 560
Interest rate = r = 4.8% = 0.048
Time in years = t = 8 years
The formula for compound interest is:
Here,
A is the total amount accumulated after t years. P is the amount invested initially and n is the compounding periods per year. Since in this case compounding is done annually, n will be 1. Using the values in the above formula, we get:
Thus, the total amount accumulated after 8 years will be $ 814.85
The amount of interest earned will be:
Interest = Amount Accumulated - Principal Amount
Interest = $ 814.85 - $ 560 = $ 254.85
By the end of 8 years, $ 254.85 would be earned in interest.
