Cam and Madison were investing money into two different accounts. They both invested $550
each. Cam invested into an account at an annual interest rate of 2.7% compounded monthly and
Madison invested into an account that had an annual interest rate of 3% compounded quarterly.
Which statement below best describes the two accounts after 5 years?

Answers

Answer 1

Answer:

After 5 years, Cam's account will have $ 616.04 while Madison's account will have $ 638.53.

Step-by-step explanation:

Given that Cam and Madison were investing money into two different accounts, both investing $ 550 each, and Cam invested into an account at an annual interest rate of 2.7% compounded monthly while

Madison invested into an account that had an annual interest rate of 3% compounded quarterly, to determine the balances of both accounts after 5 years, the following calculations must be performed:

Cam

X = 550 (1 + 0.027 / 12) ^ 5x12

X = 550 (1 + 0.027 / 12) ^ 60

X = 616.04

Madison

X = 550 (1 + 0.03 / 3) ^ 5x3

X = 550 (1 + 0.03 / 3) ^ 15

X = 638.53

Thus, after 5 years, Cam's account will have $ 616.04 while Madison's account will have $ 638.53.


Related Questions


Suppose there are 100 trout in a lake and the yearly growth factor for the populations is 1.5. Write the exponential equation for this population.

Answers

T=100(1.5^t)
Where T is number of trout and t is time in years applied as an exponent to the 1.5 factor

Simplify the expression:

Answers

1. Pretty sure -2x+4/3
2. x+3/x-4

HELP ME PLEASE!!ACTUALLY ANSWER IT!!

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i think she could see which one was less sweet by checking the amount of sugar is in each recipe. and/or peaches

graph the line with slope -1/3 passing through the point (5,-4)

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Answer:

Look at the image !!

Step-by-step explanation:

I hope this helps :D

factorise the equation 9x^2 - 4

Answers

Answer:

Step-by-step explanation:

a² - b² = (a +b)(a - b)

9x² - 4 = (3x)² - 2²

            = (3x + 2 )(3x - 2)

What is the equation of the line that is parallel to y=-2/3x+4 and that passes through (–2,–2)?
Answers
-
-
-
y=-2/3x-4/3
y=-2/3x-10/3
y=-2/3x-2/3
y=-2/3x-17/4

Answers

Answer:

C) y= 2/3x -2/3

Step-by-step explanation:

(y-y1)=m(x-x1)

y+2=2/3(x+2)

y+2= 2/3x + 4/3

y= 2/3x -2/3

PLEASE HELP, MARKING BRAINLIEST!!!

What is the value of x and y?

Thanks

Answers

i think x is 15 and y is 30

so.......

y=20underroot 3

and X=20

Someone plz help me I will give brainliest btw it’s not “decimals”

Answers

Answer:

It will not fit.

Step-by-step explanation:

The mat is 1/2 by 2/3. So, lets add that together.

1/2 + 2/3 = 7/6

Now there are 24 sixths in a fourth.

So subtract 24 - 4 = 17

Final answer would be 17/4. Still way to big to fit in the 1/4 step.

Hope this Helps!!

:)

btw. Im back home now :)

17/4
hiiiiiii !!!!!
lololol

Lawrence has $50.
He wants to buy some T-shirts that cost $12 each.

He also wants to have at least $10 left to buy lunch.

Which inequality shows the number of T-shirts, x, Lawrence can buy and still have at least $10 for lunch?

A. x≤3

B.x≥3

C. x≤4

D. x≥4

Answers

Answer:

choice A) =<3

Step-by-step explanation:

x = number of shirts

50 -10 = x(12)

40 = 12x

x = 3 .33

Which point on the scatter plot is an outlier?
A.) Point A
B.) Point B
C.) Point C
D.) Point D​

Answers

Answer:

The outlier is A) Point A

Step-by-step explanation:

Hope this helps! <3

A local event planner wants to cover a circular region with mud for an obstacle course. The region has a circumference of 157.

Answers

Answer:

$2942.27      

I think if i wrong sorry

Step-by-step explanation:                                                                                                                                

                                 

Answer:

$2942.27

Step-by-step explanation:

Can someone help me please

Answers

9514 1404 393

Answer:

 IS a parallelogram

Step-by-step explanation:

The slope formula for the slope of the line between points (x1, y1) and (x2, y2) is ...

  m = (y2 -y1)/(x2 -x1)

The distance formula for the length of that same line is ...

  d = √((x2 -x1)^2 +(y2 -y1)^2)

Here, you're asked to use each of these formulas 4 times, once for each side of the quadrilateral. I find it convenient to let a calculator or spreadsheet do the repetitive calculations. The result is attached.

The attachment shows that opposites sides have the same length and slope, so are parallel. The quadrilateral is a parallelogram. (The two points used in each calculation are the ones on the result line and the line immediately below. That is why point B is copied to the end of the list.)

_____

Additional comments

There are much simpler ways to prove the figure is a parallelogram. My favorite is to add the coordinates of the end points of the diagonals:

  B +D = (-2+6, -9-3) = (4, -12)

  C +E = (0+4, -5-7) = (4, -12)

These values being the same demonstrates the midpoints of the diagonals are coincident. That will only be the case if the quadrilateral is a parallelogram.

__

If you must use slope and distance formulas, showing either pair of opposite sides is parallel and have the same length is sufficient to guarantee that the other two sides are also parallel and have the same length. That is, the calculations required in this problem only need to be applied to one pair of opposite sides. (Using a spreadsheet, it's not a lot of extra work to do the calculations for both pairs of opposite sides.)

Which of the tables represents a linear relationship with a slope of 2 and a y-intercept of 3?

image
image
image

Answers

Answer:

Step-by-step explanation:

the equation of said line would be y=2x +3

it would look like this graph

let's consider all possible rectangles with the same area of 30 sq inches. lets say that the height of this much rectangles y and the base is x. how would y depend on x

Answers

Answer:

Step-by-step explanation:

area = xy = 30 in²

y = 30/x

Answer:

30/x

Step-by-step explanation:

rsm

Find 17.3% of 286.1. Round to the nearest thousandth.

Answers

49 would be the answer I hope it helps

Answer:

Result = 49.495

Step-by-step explanation:

17.3% of 286.1=49.4953

rounded~49.495

Hope this helps as well

A train travels 325 miles every 5 hours. What is the UNIT RATE of the train?

Answers

Answer: The unit rate is 65 miles per hour.

Step-by-step explanation:

How do the average rates of change for the pair of function compare over the given interval?

f(x)= -0.4x^2
g(x)=-0.8x^2
5≤x≤7

Answers

Answer:

The 3rd option is correct

Step-by-step explanation:

1/6 (12x - 30) + 4x (needs to be simplified) ​

Answers

Answer:

= 12x/6-30/6+4x

= (12x-30+24x)/6

= (36x-30)/6

= 6x-5

It is 6x-5 I believe

A quadrilateral has the following vertices on a coordinate plane:

Answers

Answer:  4

================================================

Explanation:

We'll only focus on points J and K.

J = (3, -6)

K = (-1, -6)

Because these two points have the same y coordinate (which is -6), this means we can ignore those values and subtract the x coordinates

3 minus (-1) = 3 - (-1) = 3 + 1 = 4

Or we could plot points J and K on the same xy grid system, and count out the number of spaces between J and K. You should count out 4 spaces.

This means segment JK is 4 units long.

Answer:

The answer is -10

Step-by-step explanation:

(x+5)(x+2)cuanto es?​

Answers

ANSWER- x^2 - 7x + 10

Answer:

Expand the polynomial using the FOIL method.

x

2

7

x

+

10

Step-by-step explanation:

Hiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
how many I's r there in the above if u get it right I will give u brainliest
Good Luck!

Answers

Answer:

there are 10

Step-by-step explanation:

10

Answer:

iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii, so I think a bit more than 100

Step-by-step explanation:

I counted it! ;) please give me brainiest!

Help me pleassssse thanks

Answers

You need to provide the graph for us to help lol, we have to plot the answers

Answer:

Point A(5, -1) is mapped to A'(1, 5)

The rule is:

(x, y) → (-y, x)

This is 90° anticlockwise rotation

Point B(-4, 6) will map to:

B(-4, 6) → B'(-6, -4)

Find the value of x.

Answers

I think X is 2. But I am not sure, cuz I don’t know what you teacher is really asking you to do.

Answer:

x=4

Step-by-step explanation:

x+2/x=3/2

Trust me this is right

Acellus

Suppose f(x)= 4x – 2
and g(x) = -2x + 1.

Find the value of

f(-1)/g(-3)

Answers

Step-by-step explanation:

f(-1)=4*(-1)-2=-4-2=-6

g(-3)=-2*(-3)+1=6+1=7

f/g=-6/7

the population of a city decreased from 50000 to 45500 . what is the percentage decreased?​

Answers

The decreased population of a city from 25,000 to 24,500. Hence, the percentage decreased is 2%.
Answer: Decreased 9%

45500 = 91%

100 - 91 = 9%

A triangle has two sides of 30 meters and 26 meters, and the angle between them is an obtuse angle. If the area of the triangle is 300 sq. Meters, find the measure of the obtuse angle (to the nearest degree).

Answers

Answer:

130°

Step-by-step explanation:

Using the formula

Area of the triangle = 1/2 absin theta

a and b are the sides

theta is the obtuse angle

Given

a = 30m

b = 26m

Area = 200m²

Required

theta

Substitute into the formula;

300 = 1/2(30)*(26)sin theta

300 = 15*26sin theta

300 = 390 sintheta

sin theta = 300/390

sin theta = 10/13

sin theta = 0.7692

theta = arcsin(0.7692)

theta = 50.28degrees

Since the angle is obtuse, it must lie between 90 and 180degrees

theta = 180-50.28

theta = 129.72°

Hence the measure of the obtuse angle to the nearest degree is 130°

In 1 minute, Alex can type 44 words. While working on a project, Alex types from 10:00 AM until 1 AM, He takes a break from 1 0:25 AM to 10:40 AM. At the same rate, how many words did he type?

Answers

Answer:

39600 words

Step-by-step explanation:

Given data

In 1 minute, Alex can type 44 words

from 10:00 AM until 1 AM= 15 hours

15 hours to minutes= 15*60= 900 minutes

Hence in In 1 minute, Alex can type 44 words

            in  900 minutes he will type x words

cross multiply

x= 900*44

x= 39600 words

Hence he will type 39600 words

its a me MAAAAAAAAAAAAAAAAAAAAAAAAAAA

how big is the specific ocean?
how do i ask a question?
whats obamas last know btw? does ANYONE KNOW!!!!?!?!?!?!?
WHERE DO LOST SOCKS GO WHEN THEY GO MISSING??
why do my eyes hurt after looking at a picture of the sun;(
what would happen if i hired two private investigators to follow each other...

Answers

Answer:

1. The Pacific Ocean has an area of 63.78 million square miles, an average depth of 3,688 meters, and a volume of 660,000,000km cubed.

2. Use these guidelines when developing questions:

   Plan your questions.

   Know your purpose.

   Open conversation.

   Speak your listener's language.

   Use neutral wording.

   Follow general questions with specific ones.

   Focus your questions so they ask one thing at a time.

   Ask only essential questions.

3.  I don't know XD

4. On an adventure that humans don't know about

5. Depends on the picture of the sun.

6. They would probably be so confused while they tried to follow each other XD

Step-by-step explanation:

What is the slope of the line through the points (4, -7) and (9, 2)?

Answers

the answer

y/x so its 9/5

Marisol constructed a triangle. One angle in the triangle has a measure of 40°. Another angle in the triangle has a measure of 80°. What is the measure, in degrees, of the third angle in Marisol’s triangle?

Answers

Answer:

A triangles angle always equal to 180 degrees. So if you add up what you already have which is 80+40=120

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