A student's parents offer him one of two options to receive scholarship money for college.

Option A: Deposit $17,000.00 into his savings account and then add an additional $1,250.00 each day for 30 days

or

Option B: Deposit $0.50 into his savings account and then triple that amount each day for only 10 days

When rounded to the nearest cent, how much money is deposited into his savings account on the last day (day 30) for Option A, and how much is deposited into his savings account on the last day (day 10) for Option B? If the student keeps only what is deposited on the last day, which option should he choose?


Option A Versus Option B
Option A Option B
Day Amount Deposited Day Amount Deposited
0 $17,000.00 0 $0.50
1 $18,250.00 1 $1.50
2 $19,500.00 2 $4.50
A = $142,845.76, B = $29,524.50; B, because he receives $113,321.26 more
A = $54,500.00, B = $10.50; A, because he receives $54,489.50 more
A = $37,500.00, B = $59,049.00; B, because he receives $21,549.00 more
A = $54,500.00, B = $29,524.50; A, because he receives $24,975.50 more

Answers

Answer 1

Answer:

option a

Step-by-step explanation:

it is because $17,000.00 will make you have more money and have better things to do in the nearest future

Answer 2

The amount received by student in option A and B are A = $54,500.00, B = $29,524.50, Option A is better because student receives $24,975.50 more.

What is Simplification?

Simplification in mathematical terms is a process to convert a long mathematical expression in simple and easy form.

(A)

Given that,

Amount deposit by student in starting = $17,000

Also, student add $1250 each day for 30 days,

Amount added in 30 days = 1250 x 30 = $37500

Total amount in account = 17000 + 37500 = 54500

The final amount in account is $54500.

(B)

Amount deposited into saving account = $0.50

Also, student triple that amount for 10 days,

Amount in account in 10 days = 0.50 x 3¹⁰ = 29524.5

Option A is a better deal because the student receives $24,975.50 more.

                                                 

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Related Questions

How do I write 55555 in expanded form

Answers

Answer:

FIFTY - FIVE THOUSAND FIVE HUNDRED AND FIFTY-FIVE

Step-by-step explanation:

5 ten thousands + 5 thousands + 5 hundreds + 5 tens + 5 ones

which table of values matches the equation y=2x-3

Answers

Answer:

What are the possible answer??/

Step-by-step explanation:

The set of points satisfying the equation y = 2x - 3 is a. {(0, -3), (1, -1), (1.5, 0), (2,1)}.

An equation is the combination of 2 or more expressions separated by the equality sign(=), signifying the equality of expressions.

To obtain the set of points satisfying the equation y = 2x - 3.

The given equation is y = 2x - 3.

Let's take x = 0,

y = 2 × 0 - 3 = -3,

the point is (0, -3).

Let's take y = 0,

0 = 2x - 3

2x = 3

x = [tex]\frac{3}{2}[/tex]

x = 1.5,

the point is (1.5, 0).

Let's take x = 1,

y = 2 × 1 - 3 = -1,

the point is (1, -1).

Let's take y = 1,

1 = 2x - 3

2x = 1 + 3

2x = 4

x = [tex]\frac{4}{2}[/tex]

x = 2,

the point is (2,1).

Hence, the set of points satisfying the equation is {(0, -3), (1, -1), (1.5, 0), (2,1)}.

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The complete question is as follows:

Which table of values matches the equation y = 2x - 3,

a. {(0, -3), (1.5, 0), (1, -1), (2,1)}.

b. {(0, -2), (1.5, 0), (1, -1), (2,1)}.

c. {(0, -3), (1.5, 0), (1, -4), (2,1)}.

d. {(-1,1), (0, -3), (1.5, 0), (1, -1)}.

There are 5,375 pencils in 25 cases. Find the unit rate. pls

Answers

Answer:

5,375/25= 215 pencils per case

Step-by-step explanation:

Answer: 215 Pencils are in each case

Step-by-step explanation:

5,375/25 equals the unit rate

COLOR THEME
O Q ZOOM
5. Mrs. All collected notebook paper from her students at the beginning of the
school year. The model is shaded to show the fraction of notebook paper
that Mrs. Ali used in each of the following three months.
First month
Second month
Third month
What fraction of the notebook paper Mrs. All collected was used during
these three months?

Answers

Answer:

6

Step-by-step explanation:


PLEASE ANSWER KSSKSOSKXJXJ EEEEE

Answers

Answer:

its c

Step-by-step explanation:

Answer:

D

Step-by-step explanation:

I think it's d because the end of the table is on 12 so its less and more than 12.

Of the numbers 7, 8, 9, and 10, which is a solution to the inequality n – 5 < 3? Hurry Plz

Answers

Answer:

Answer of this question is 10

The IQ scores of the middle 50% of a population can be written as

I

100

15

where x is a person's IQ. Solve the inequality to find the IQ scores for the middle 50% of the population.

x 270 and x s 130

Ox570 and x 2 130

Oxs 90 and x 2 110

x 290 and x s 110

Answers

Complete question :

The IQ scores of the middle 50% of a population can be written as (x - 100) / 15 ≤ 2/3

Answer: 90 ≤ x ≤ 110

Oxs 90 and x 2 110

Step-by-step explanation:

Given the inequality:

The middle 50% of the population :

(x - 100) / 15 ≤ 2/3

The upper bound :

(x - 100) / 15 ≤ 2/3

multiply both sides by 15

(x - 100) / 15 * 15 ≤ 2/3 * 15

(x - 100) ≤ 2/3 * 15

x - 100 ≤ 10

x ≤ 10 + 100

x ≤ 110

The lower bound :

- (x - 100) / 15 ≤ 2/3

(-x + 100) / 15 ≤ 2/3

multiply both sides by 15

(-x + 100) / 15 * 15 ≤ 2/3 * 15

(-x + 100) ≤ 2/3 * 15

-x + 100 ≤ 10

-x ≤ 10 - 100

-x ≤ - 90

x ≤ 90

90 ≤ x ≤ 110

Someone thats extremely 100% good at math and is passing math can you help me with all my math questions. I need to get a better grade in math. ( No Plagiarism and please dont reshare another students answer from brainly either). Will Mark Brainliest. Just click on my name to go to my math questions.​

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which rule describe the following pattern 8,4,10,6,12,8,14

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I think -4+6. Sorry if it’s wrong

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Answers

Answer:

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Step-by-step explanation:

6 in 6.54 is ones place

5 in 6.54 is tenths place

4 in 6.54 is hundredths

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Answer:left is 7 right is 6

Step-by-step explanation:

left is 7 right is 6

Answer:

the right side is 6 and the left side is 7

Step-by-step explanation:

These triangles are similar. Since the bottom side goes from 15 to 5, that means you divide the other 2 sides by 3 also.

A tape diagram. There are 35 6th graders with an older sibling out of 100 6th graders. There are question mark 6th graders with an older sibling out of 300 6th graders. StartFraction part Over whole EndFraction = StartFraction 35 times 3 Over 100 times 3 EndFraction = StartFraction question mark Over 300 EndFraction Graph If 35% of the 300 students in 6th grade have an older brother or sister, how many 6th graders have an older sibling? To solve this problem, we can write an equivalent ratio as the percent and then create the percent . 6th graders have an older brother or sister.

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Step-by-step explanation:

ada

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Step-by-step explanation:

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Answers

Factored:
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Answer:

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Step-by-step explanation:

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options:

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7 pounds of apples and 8 pounds of oranges


3 pounds of apples and 2 pounds of oranges


6 pounds of apples and 5 pounds of oranges

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Answer:

Option 1 and 3

Step-by-step explanation:

jdnfkfnkdksnd

Which graph shows the points (−11
2
, 1
2
) and (1.5, −0.5) plotted correctly?

On a coordinate plane, a point is 0.5 units to the right and 1.5 units up. Another point is 0.5 units to the left and 1.5 units down.
On a coordinate plane, a point is 1.5 units to the left and 0.5 units up. Another point is 1.5 units to the right and 0.5 units down.
On a coordinate plane, a point is 0.5 units to the left and 1.5 units up. Another point is 0.5 units to the right and 1.5 units down.
On a coordinate plane, a point is 1.5 units to the left and 0.5 units down. Another point is 1.5 units to the right and 0.5 units up.

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Answer:

b

Step-by-step explanation: got it right on edge

Answer:

B

Step-by-step explanation:

got it right on edge

Randy Houck deposited his paycheck for $385.15, a refund check from a mail

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Answer:

The correct option is c. $548.30.

Step-by-step explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. Please, see the attached pdf file for the complete question.

Also Note: This template does not allow the explanation to be added and saved here as it keeps on indicating that it contains some swearwords. The explanation is now given in the attached pdf file. Please, see the attached pdf file for the answer and explanation.

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Answer:

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Step-by-step explanation:

It would usually be 3 x 4, but since there is a variable, it can`t be multiplied (unless you know what the value of the variable is). Thus the expression is 3(c+4).

3 (c+4) hope this helpss


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Answer:

Al of them are proportional

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Step-by-step explanation:

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Answers

Answer:

41/40

Step-by-step explanation:

Given cotA = 40/9

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tan A = 9/40 = opposite/adjacent

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Het sec A

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Since cos A = adjacent/hypotenuse

cos A = 40/41

secA = 1/(40/41)

SecA = 41/40

Hence the exact value of secA is 41/40

Rewrite the following to show the distributive property
4x(5+3)

Answers

Step-by-step explanation:

4x+8

basically u solve the number that is in parentheses then you are left with the number with a variable so u can't solve so that's ur equation

Answer:

32x

Step-by-step explanation:

1. rewrite

4x(5)+4x(3)

4(3) means 4*3

2. multiply

4x(5)= 20x

4x(3)= 12x

20x+12x

3. combine like terms

20x+12x= 32x

32x

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Answers

Answer:

-885y+3

Step-by-step explanation:

Yes i agree i also got -885y+3

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BS

1.D
2.A
3.S
4. B

Answers

I believe point S is between points C and E

Answer:

The correct answer would be 3) S.

Step-by-step explanation:

If you draw a line from points c to e, s is crossing paths with it. therefore, s is the answer.

At the beginning of last year,there were 368 students at the elementary school.By the beginning of this year,72 of those students have moved to other school districts and 64 new students arrived. about how many students started the school year this year

Answers

Answer:

360 students

Step-by-step explanation:

We start off with 368.

Then 72 leave the school, so subtract 72 from our total.

368 - 72 = 296

But, then 64 new students join, so add this to our new total.

296 + 64 = 360.

Ask any questions you have in the comments, and if this helps, maybe consider giving a Brainliest :P

between two points
context
(Application 4)
An archaeological dig is marked with a rectangular grid where each square is 4 feet on a side. An important artifact is discovered
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7y-5x= 2xy your welcome


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Answers

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Step-by-step explanation:

does anyone understand this

Answers

For this problem, 0.25 in = 50 m. So

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