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Vera_Pavlovna [14]
2 years ago
6

A youth group earns $600 for charity and decides to put it in a bank. Calculate the amount of money the group will have for each

scenario.
Part A chase bank pays simple interest at 5% and the group leaves the money for 5 years
part B witney bank pays an interest rate of 4% compounded annually and the group leaves the money for 6 years
Mathematics
1 answer:
igomit [66]2 years ago
4 0

Based on the types of compounding and the interest rates, the following are true:

  • Part A - The group will have $750
  • Part B - The group will have $759.19

When using simple interest, the amount the group will have is:

<em>= Amount x ( 1 + rate x number of years )</em>

= 600 x ( 1 + 5% x 5)

= $750

When using compound interest, the group will have:

<em>= Amount x ( 1 + rate) ^ Number of years</em>

= 600 x ( 1 + 4%)⁶

= $759.19

In conclusion, compound interest yields more.

<em>Find out more about </em><em>compound interest </em><em>at brainly.com/question/25263325. </em>

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sukhopar [10]

Answer:

\sqrt{2} (3\sqrt{2} +\sqrt{14})=6+2\sqrt{7}

Step-by-step explanation:

Given : \sqrt{2} (3\sqrt{2} +\sqrt{14})

Solution:

\sqrt{2} (3\sqrt{2} +\sqrt{14})

3*2+\sqrt{28})

6+2\sqrt{7}

Thus ,  \sqrt{2} (3\sqrt{2} +\sqrt{14})=6+2\sqrt{7}

Thus the solution is irrational since square root 7 does not have a perfect square and equal to 6+2square root of 14

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Step-by-step explanation:

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3 years ago
Can someone help me please. I have to show my work.
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Answer:

Step-by-step explanation:

1. P = (width + lengh) * 2 = (23 + 10) * 2 = 33 * 2 = 66

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Help solve these please 1.w + 10 = 25
4vir4ik [10]

Answer:

1. w = 15

2. b = 4.8

3. s = 9.7

4. p =15

5. m = -3.2

Step-by-step explanation:

1.w + 10 = 25

we have to find the value of w, so moving 10 from left side to right side

w= 25 - 10

w = 15

2. 7.2 + b = 12

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