Answer:
i believe it's .0386
Step-by-step explanation:
Answer:
A
Step-by-step explanation:
We have to determine the future value of the annuity to determine which account has a greater value
Future value = Amount x annuity factor
annuity factor = Annuity factor = {[(1+r)^n] - 1} / r
Account A = 300 x[ (1.042)^15 - 1 ] / 0.042 = $6097.14
Account B = 250 x[ (1.051)^15 - 1 ] / 0.051 = $5435,42
Account A will be greater
Every day, the volume increases by 24 1/2+15 1/4=39 3/4 gallons. So after 5 days, the volume increases by 39 3/4 * 5 = 795/4= 198.75 gallons
Answer:
D (We can extend all the expressions)
