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RUDIKE [14]
2 years ago
11

Help please, due soon need it

Mathematics
1 answer:
Grace [21]2 years ago
7 0

can you get a clearer picture pls

the bottom is to blurry

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Jane is having difficulty deciding whether to put her savings in the Mystic Bank or in the Four Rivers Bank. Mystic offers a 12%
storchak [24]

Jane must therefore deposit her savings in the four rivers bank.

<h3>What is compound interest?</h3>

Interest that is added to a loan and deposit sum is known as compound interest. In our everyday lives, it is the notion that is employed the most frequently. Compound interest is calculated as a sum using the interest and principal accrued over time. Compound interest versus simple interest differ primarily in this way.

As per the data provided in the question,

Rate, r = 12%

After five years, the total amount, if Jane had saved at Mystic Bank,if Jane had saved at Mystic Bank would be:

A = P(1+\frac{r}{100} )^n

For compounded quarterly,

n = 5 × 4

n = 20

A = 40000(1 + 12/(4 × 100))²⁰

A = 72244.44     (i)

If Jane placed her savings with the Four Rivers, then,

A = 40000(1 + 14/(2 × 100))¹⁰

A = 40000 × 1.9671

A = 78686.054  (ii)

Therefore, it is evident that case (ii) is higher than case (i). Jane must therefore deposit her savings in the four rivers bank.

To know more about Compound Interest:

brainly.com/question/29335425

#SPJ1

6 0
11 months ago
Let x represents the amount of a transaction and let f(x) represents the amount Isabel is charged for the transaction write a fu
Svetradugi [14.3K]

Answer:

f(x) = \frac{Px}{100}

Step-by-step explanation:

Let P% of the transaction amount is charged in the account.

So, if the transaction amount is x, then the charge for that transaction will be

\frac{ Px }{ 100 }.

Therefore, if f(x) represents the amount Isabel is charged for the transaction then we can write f(x) = \frac{ Px }{ 100 }, where P% is the rate of charge. ( Answer )

4 0
3 years ago
100 POINT QUESTION<br> Which postulate or theorem can be used to prove △ABC ≅ △KLM?
Solnce55 [7]

Answer:

ASA congruence theorem

Step-by-step explanation:

Given two triangles ABC and KLM.

In ΔABC and ΔKLM,

m∠CBA = m∠MLK (given angle)

BC = LM (given side)

m∠CAB = m∠MKL (given angle)

Therefore, ΔABC ≅ ΔKLM (by ASA congruence theorem)

Hence by ASA congruence theorem ΔABC ≅ ΔKLM.

5 0
2 years ago
Read 2 more answers
A water park charges $6 for admission and $1.50 for each ride ticket. You have $36. How many ride tickets can you buy? Graph you
Stels [109]
You can Buy 20 ride tickets!
8 0
3 years ago
Select the point that satisfies y less than or equal to x^2-3x+2
solong [7]

Answer:

Point (4,4) satisfies the required condition.

Step-by-step explanation:

x²-3x+2 = x²-2x-x+2

             = x(x-2)-1(x-2)

            = (x-2)(x-1)

According to the given information

y ≤ (x-2)(x-1)      ...(1)

So lets consider one point having coordinates (4,4).

Substitute (4,4) in equation (1), we get

4≤ (4-2)(4-1)

4 ≤ 6

Hence point (4,4) satisfies the above condition. It's only one example there will be more points which satisfies the required condition.

6 0
3 years ago
Read 2 more answers
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