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2 years ago

8

April and Cody invest $5,000 each at their local bank. April invests at a 4% simple interest rate, and Cody invests at a 4% inte

rest rate, compounded annually. What is the difference in their account balances after three years?

1 answer:

maria [59]2 years ago

3 0

Answer:

$24.32

Step-by-step explanation:

<u>The difference in balances is:</u>

5000*(1 + 0.04)^3 - 5000*(1 + 0.04*3) =
5624.32 - 5600 =
24.32

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Answer:

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Step-by-step explanation:

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2 years ago

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3 years ago

What percentage of times are between 6 and 22 hours?<br> 16%<br> 68%<br> 95%<br> 99.7%

allochka39001 [22]

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2 years ago

Someone help me please

inna [77]

Answer:

<h2>P = 48</h2><h2>A = 144 </h2>

Step-by-step explanation:

The formula of regular polygon with <em>n</em> sides of length <em>b</em> and apothem <em>a</em>:

$A=\dfrac{nba}{2}$

We have:

n = 6

b = 8

a = 6

Substitute:

$A=\dfrac{(6)(8)(6)}{2}=144$

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2 years ago