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
erma4kov [3.2K]
3 years ago
15

Tasha invests $5,000 at 6% annual interest and an additional $5,000 at 8% annual interest. Thomas invests $10,000 at 7% annual i

nterest. Which statement accurately compares Tasha’s and Thomas’s investments if interest is compounded annually?
Compound interest formula: V (t) = P (1 + StartFraction r Over n EndFraction) Superscript n t
t = years since initial deposit
n = number of times compounded per year
r = annual interest rate (as a decimal)
P = initial (principal) investment
V(t) = value of investment after t years
Each person will have exactly the same amount over time because each invested $10,000 at an average interest rate of 7%.
Tasha’s investment will yield more over many years because the amount invested at 8% causes the overall total to increase faster.
Thomas’s investment will yield more from the start because he has more money invested at the average percentage rate.
Tasha’s investment will yield more at first because she invested some at a higher rate, but Thomas’s investment will yield more over the long run.
Mathematics
2 answers:
Lelu [443]3 years ago
8 0

Answer:

Option C -Thomas’s investment will yield more from the start because he has more money invested at the average percentage rate.

Step-by-step explanation:

did it on edge

olya-2409 [2.1K]3 years ago
3 0

Answer:c

Step-by-step explanation:

You might be interested in
Write an equation in slope-intercept form for this line.
iVinArrow [24]

Answer: y = 5/2x + 6

Step-by-step explanation:

y - y₁ = m(x - x₁)

y - (-9) = 5/2(x- (-6))

y + 9 = 5/2(x+ 6)

y +9 = 5/2x + 15

y = 5/2x + 15 - 9

y = 5/2x +6

6 0
3 years ago
How do i do this?!?! its due tomorrow helpppppp
3241004551 [841]

Consider for each point how far it is above (or below) the horizontal line y=2. Then plot its image the same distance below (or above) that line.

6 0
3 years ago
Urgent!
Kamila [148]

Answer:

The mode is 75

Step-by-step explanation: It is the one that appears most often

5 0
3 years ago
I really need help tyy
emmainna [20.7K]
Find the greatest common factor (gcf) in each grade between the girls and boys
in 6th grade the gcf is 8
64/8=8  72/8=9
the largest number of groups that can be made equally would be 8 groups of 8 girls and 8 boys
Hope this helps!!
6 0
3 years ago
The value of <br> 37<br> −<br> −<br> √<br> −<br> 24<br> −<br> −<br> √<br> 37−24<br> is between:
Effectus [21]

Answer:23 And 24

Step-by-step explanation:

((37 - (−√(−24))) - (−√(37))) - 24 =

19.0827625 + 4.89897949 i

19.0827625

+ 4.89897949

23.98174199

23.98174199 is between 23 and 24

3 0
3 years ago
Other questions:
  • PLZZ help ZOOM IN THE SEE IT CLEAR
    10·2 answers
  • Evaluate: 4(x - 9) + 4x
    7·2 answers
  • Graph f(x) = x2 + 2x - 3, label the function’s x-intercepts, y-intercept and vertex with their coordinates. Also draw in and lab
    14·1 answer
  • How many numbers can you get by multiplying two or more members of the set {1,2,3,5,11} together?
    6·1 answer
  • Reading and Writing Decimal Numbers through Ten Thousandths
    10·1 answer
  • -3 + (-5) - 2 can someone help me
    5·1 answer
  • 9. Which of the following could be the areas
    8·2 answers
  • How do i do Pythagorean Theorem? (bc its sooooooo hard and confusing0
    13·1 answer
  • Sierra used 4 pears and 12 apples to make a fruit salad. What is the
    6·1 answer
  • I need assistance, geometry is hard after a 2 week break
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!