1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
-BARSIC- [3]
2 years ago
8

Complete the​ table, for the following​ investments, which shows the performance​ (interest and​ balance) over a​ 5-year period.

Mathematics
1 answer:
sergiy2304 [10]2 years ago
5 0

Answer:

After 5 years of investment, Suzanne will have $ 4,400 in her account, while Derek will have $ 4,416.32 in his account.

Step-by-step explanation:

Since Suzanne deposits $ 4000 in an account that earns simple interest at an annual rate of 2%, and Derek deposits $ 4000 in an account that earns compound interest at an annual rate of 2% and is compounded annually., Both for a period of 5 years, to determine how much money each one will have in their account after 5 years, the following calculation must be made:

Suzanne:

((4,000 x 0.02) x 5) + 4,000 = X

(80 x 5) + 4,000 = X

400 + 4,000 = X

4,400 = X

Derek:

4,000 x (1 + 0.02 / 1) ^ 5x1 = X

4,000 x 1.02 ^ 5 = X

4,416.32 = X

Thus, after 5 years of investment, Suzanne will have $ 4,400 in her account, while Derek will have $ 4,416.32 in her account.

You might be interested in
Justify each step with an algebraic property. 16+x=12
lana [24]
-4 would be the correct answer to the problem
6 0
3 years ago
Read 2 more answers
Please help math problem
dedylja [7]

Answer :im not very sureeee

Step-by-step explanation:

8 0
3 years ago
Which model can be used to represent 0.111
weeeeeb [17]

Answer:

11.8845

Step-by-step explanation:

11.8845 to the up and down answer it will be down

4 0
3 years ago
A bag has four green marbles, three red marbles, and three yellow marbles. What is the probability that you pick a yellow marble
valina [46]

Step-by-step explanation:

add all marbles together:

4 (green) + 3 (red) + 3 (yellow) = 10 marbles total

if we pick a yellow marble out of the bag and do not replace it, then we have 2 yellow marbles left.

we need to add marbles again with one yellow marble subtracted.

4 (green) + 3 (red) + 2 (yellow) =

new Total is 9 marbles.

so then we have 2 yellow marbles out of 9 total marbles.

2:9

or 2/9

or .22 (22%)

is the probability

6 0
3 years ago
Read 2 more answers
What is the equation of this line?<br> A) y=4x<br> B) y= 1/4x<br> C) y= -1/4x<br> D) -4x
Thepotemich [5.8K]
Answer:
C) y=-1/4x

Explanation:
4 0
2 years ago
Other questions:
  • Bob sells hats and scarves.
    15·1 answer
  • If 23 people shake each others hands once how many hands are shook in all
    13·1 answer
  • Suppose you invest $500 at an annual interest rate of 7.1% compounded continuously. How much will you have in the account after
    6·1 answer
  • 14 25/100 <br> answer please as a decimal number
    5·2 answers
  • Louis has 50 tickets to ride the Ferris wheel in the rollercoaster he went on a total of 12 rides using 3 tickets for each fares
    13·1 answer
  • What is the answers for expanded form 72.3 7.023 0.723
    7·1 answer
  • A three-dimensional array can be thought of as ______ of two-dimensional arrays.
    13·1 answer
  • Please help!!! ill give brainliest
    14·2 answers
  • 2/3x - 2 = 3/7 rewrite without fractions
    13·1 answer
  • Someone please help me
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!