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
tekilochka [14]
3 years ago
6

You are given a choice of taking the simple interest on $100,000 invested for 2 years at a rate of 3% or the interest on $100,00

0 invested for 2 years at an interest rate of 3% compounded quarterly
Which investment as the greater amount of interest? Give the difference between the amounts of interest earned by the two investments

the investment with simple? or compound?
interest earns $___ more in interest.

(Round to the nearest cant as needed.)
Mathematics
1 answer:
valentinak56 [21]3 years ago
5 0

Answer:

Step-by-step explanation:

the simple interest formula= principal* interest rate*time

simple interest : 100000*%2*2 years

simple interest= 4000 dollars

compound quarterly : A=principal(1+r/4)^t

since it is quarterly and have 4 quarters in a year, and 8 in two years.

compound quarterly: 100000(1+0.03/4)^8=106159.88

it is better to invest with compound interest because it add 6159 dollars in two years to the investment of 100000 dollars.

the difference between the interest: 6159.88-4000=2159.88

You might be interested in
in triangle ABC angle A is a right angle and m B=45. Find BC. If your answer is not an integer, leave it in the simplest radical
Sergio039 [100]
I believe it's \sqrt[12]{2}

Hope I helped! ( Smiles )
5 0
3 years ago
Each of these equations represents the same function written in different forms.
Elina [12.6K]

Answer:  f(x)=(x+2)(x−4) because you can see when each factor is equal to zero.

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
MATH HELP!!!!!!!!!!!!!!!!!!!!!!!!!!
Marina CMI [18]

Question 2. :

8^2 = 64 and 9^2 = 81, therefore the square root of 65 falls between these two values, 8 and 9, 64<65<81

Question 3. :

13^2 = 169 and 14^2 = 196, the correct answer is square root of 175, because 169<175<196

Hope this helps, you only need to know the squared values and square roots.

8 0
4 years ago
Can anyone solve this, my teacher is still teaching through online learning and geometry is too confusing
malfutka [58]

Answer:

its too small to see

Step-by-step explanation:

7 0
3 years ago
State the various transformations applied to the base function f(x)=|x| to obtain a graph of the function g(x) = |x| − 2.
Molodets [167]

Horizontal shift of 1 unit to the left and a vertical shift downward of 2 units.

<h3>Transformation of function</h3>

Transformation technique is a way of changing the position of an object on an xy-plane.

Given the parent function of a modulus function f(x) = |x|, the graph of the function g(x) = |x| - 2 shows a vertical translation of the parent function down by 2 units.

The resulting graph of the translated function is as shown below

Learn more on translation here: brainly.com/question/1046778

#SPJ1

6 0
2 years ago
Other questions:
  • Audrey needs to cut 1 meter of yellow ribbon and 28 centimeters of blue ribbon. In total, how many centimeters of ribbon does sh
    13·2 answers
  • Find the amount of simple interest earned in one year on an account that has an interest rate of 3.2% and a principal of $250.
    6·1 answer
  • Use the graph to find the factorization of x2 - 6x + 8.
    14·1 answer
  • A dance floor is in the shape of a rectangle. it is 25 meters long and 24 meters wide. what is its perimeter
    15·1 answer
  • Aretha Foster, single, is marketing director for
    7·1 answer
  • John writes the proof below to show that the sum of the angles in a triangle is equal to 180º.
    10·1 answer
  • 9. 32, Ł,522,
    12·1 answer
  • A cylindrical can of paint has a volume of 200pi cubic inches.
    7·1 answer
  • It’s about add and subtract so whats 1-3/8
    8·1 answer
  • Which of these is an exponential parent function?  A. f(x) = 2^x – 3  B. f(x) = 2^x + 2  C. f(x) = 2^x  D. f(x) = 2^x + 1/3
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!