Ask question

Ask question

All categories

3 years ago

5

The graph below shows the value of a $100 deposited into three different accounts over a period of 20 years. Which of the lines

represents the value of the account earning simple interest?
A. Red
B. Yellow
C. Black
D. Green

2 answers:

DiKsa [7]3 years ago

7 0

Answer: D. Green

Explanation: Because compound is the biggest interest rate

Alexus [3.1K]3 years ago

3 0

Answer:

D. Green

Explanation:

Ap3x

You might be interested in

Describe Reid Hoffman the founder and creator Linkedln?

CaHeK987 [17]

Answer:

Reid Garrett Hoffman is an American internet businessman, tech entrepreneur, writer. Hoffman became co-founder and president of LinkedIn, an enterprise-oriented social media network mainly utilized for business networking. In 2016, Hoffman transferred LinkedIn for $26.2 billion in cash to Microsoft, then entered the board for Microsoft.

5 0

3 years ago

Angelo invested $4,000 into two accounts. One account paid 4% interest and the other paid 9% interest. He earns 6% interest on t

inn [45]

Answer:

$2,400 was placed in the account earning 4%, and $1,600 was placed in the account earning 9%

Explanation:

In this case, we have two unknowns, so in order to be solved, we need to find two equations.

We know that amount 1, that we call x, plus amount 2, we call y, is 4000.

<em>x + y = 4000</em>

Also we know, when we add the interest earned on amount 1 to the interest earned on amount 2, the total interest is 6% of 4000, it means: 240

<em>0.04x+0.09y=240</em>

So, we have two equations with two unknowns

<em>x + y = 4000</em>

<em>0.04x+0.09y=240</em>

That we can solve for any method we know. We will use substitution. Lets clear from first equation the unknown x.

x=4000-y

Then, we substitute in second equation

0.04(4000-y)+0.09y=240

And we solve:

160-0.04y+0.09y=240

0.05y=240-160

y=80/0.05=1600

Now we simply plug this into our first equation and solve for x

x+y=4000

x+1600=4000

x=4000-1600

x=2400

So, $2,400 was placed in the account earning 4%, and $1,600 was placed in the account earning 9%

4 0

2 years ago

assume george's sandwich included the same ingredients as a sanwhich that you can buy at your local deli explain why georgs's sa

Anika [276]

Answer: Economies of Scale

Explanation:

Economies of scale refers to the tendency of costs to reduce per unit as the number of units produced increases. This is because the producer is able to share the costs amongst all the units produced.

George was getting those ingredients to make a single burger so the produce he used were small in quantity and cost him more. The companies that make sandwiches in large numbers buy and produce the ingredients in bulk which reduces their prices.

For example, George went to Minneapolis to get salt for one burger, those companies would go and get salt for 10,000 burgers at the same time which would reduce the cost by dividing it across the 10,000 burgers.

This cost saving from economies of scale enables the local deli to sell products at a cheaper rate than if we had to make them ourselves.

6 0

2 years ago

Libby is good at playing the flute and likes the pleasure that music gives to others. as a result, she thinks she might want to

Step2247 [10]

This sounds like the Tentative phase according to Ginzberg. It sounds like Libby is between 11 and 17 as well learning what she likes.

5 0

3 years ago

Suppose the economy of the large country of Hendrix is currently experiencing economic growth and has a trade deficit. Consider

Sergio039 [100]

Answer:

Likely to occur during economic growth and increase the trade deficit.

1. Domestic private investment increases

2. Imports increase

When there is a period of economic growth, people generally have more income in the economy. Their consumption will increase and they will demand more foreign goods as well as domestic. This will lead to imports rising.

Likely to occur during economic growth and decrease the trade deficit.

1. Private saving increase.

2. Government borrowing decrease

With people earning more income, they will be able to save more of that income and because they are not buying with those savings, trade deficit drops.

The government would also not have to borrow as much to prop up the economy as the economy is also doing well. This means less need for foreign funds so a lower trade deficit ensues.

Not likely to occur during economic growth.

1. Imports decrease.

2. Government borrowing increases.

When there is economic growth, it is unusual to see that imports are decreasing.

Government would also not have to borrow as much as the economy is doing well on its own and does not need the government to pump money into it.

6 0

3 years ago