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hammer [34]
3 years ago
5

Nicolas has $650 to deposit into two different savings accounts. • Nicolas will deposit $400 into Account I, which earns 3.5% an

nual simple interest. • He will deposit $250 into Account II, which earns interest compounded annually. Nicolas will not make any additional deposits or withdrawals. Which amount is closest to the total balance of these two accounts at the end of 2 years? A $672.13 B $695.00 C $694.25 D $694.51 Mathematics
Mathematics
1 answer:
OLga [1]3 years ago
4 0

account 1:

$400 * 0.035 * 2 = $28

$28 interest earned so total = $400 + $28 = $428

account 2:

<span>A = P(1+r/n)^(nt)</span>

= $250(1+0.035)^2 = 267.50

total account 1 and account 2 =

$428 + $267.81 = $695.50

answer is B $695.00


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Bryan and Jadyn had barbeque potato chips and soda at a football party. Bryan ate 3 oz of chips and drank 2 cups of soda for a t
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Answer:

200 mg sodium is in 1 oz of chips and 50 mg sodium is in 1 cup of soda.

Step-by-step explanation:

Let x mg sodium is in 1 oz of chips and and y mg is in 1 cup of soda.

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i.e. 3x + 2y = 700 --------(1),

Jadyn ate 1 oz of chips and drank 3 cups of soda for a total of 350 mg of sodium.

i.e. x + 3y = 350 ---------(2),

Equation (1) - 3 × equation (2),

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3x = 700 - 100

3x = 600

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