Connor invested $8,000 in an account paying an interest rate of 82% compounded
monthly. Henry invested $8,000 in an account paying an interest rate of 8 %
compounded daily. After 5 years, how much more money would Henry have in his
account than Connor, to the nearest dollar?

Answers

Answer 1

Answer:

Connor would have $83.37 more than Henry.

Step-by-step explanation:

Connor:

Initial investment= $8,000

Interest rate= 8.2% = 0.082/12= 0.00683

Number of periods= 12*5= 60 months

Henry:

Initial investment= $8,000

Interest rate= 8% = 0.08/365= 0.00022

Number of periods= 365*5= 1,825 days

To calculate the future value, we need to use the following formula on each investment:

FV= PV*(1+i)^n

Connor:

FV= 8,000*(1.00683^60)

FV= $12,035.35

Henry:

FV= 8,000*(1.00022^1,825)

FV= $11,951.98

Difference= 12,035.35 - 11,951.98= $83.37

Connor would have $83.37 more than Henry.


Related Questions

10.
Complete the statement.
0.155 mL = ___ L


A. 0.0155

B. 0.000155

C. 155

D. 15.5

Answers

1 L = 1000 mL
so move the decimal point three times to the right
0.155= 155 L

I will give you 10 points

Answers

Answer:

208 in

Step-by-step explanation:

[tex](8x8)+(\frac{1}{2} x8x9)x4in^{2} \\\\=64+36x4 in\\ \\=208 in^2[/tex]

have a great day!!

Answer:

[tex]208 in^2[/tex]

Step-by-step explanation:

Total surface area

(8×8)+(1/2×8×9)×4in²

= 64+36×4in²

=64+144in²

= 208 in²

●∘◦❀◦∘●∘◦❀◦∘●∘◦❀◦∘●∘◦❀◦∘

hope it helps...

have a great day!!.

find the value of x. Round to the nearest degree

Answers

Answer:

51 degress

Step-by-step explanation:

sin x = 7/9

x = sin^-1 (7/9)

simply using a calculator.

Answer:

x = 51 degrees

Step-by-step explanation:

(to find x, use sine)

Sine = [tex]\frac{opposite}{hypothenuse}[/tex]

⇒ Sine x = [tex]\frac{7}{9}[/tex]

⇒ [tex]\frac{7}{9}[/tex] = 0.78

⇒ Sine x = 0.78

then calculate what Sine-1 of 0.78 is:

⇒ Sine-1 of 0.78 = 51.26

x = 51.26

Round to the nearest degree:

51.26 ⇒ 51 degrees

I need help I’m in class right now plz help

Answers

I hate school so much especially math it’s pointless and hard

Answer:

The first one or A. 6.5y + 10

Step-by-step explanation:

0.5y + 10.5 + 6.5y - 0.5 - 0.5y

10.5 + 6.5y - 0.5

6.5y + 10

What are the solutions of the equation y = negative 2 x squared + 9 x minus 4 shown in the graph below? On a coordinate plane, a parabola opens down and goes through (0, negative 4), has a vertex around (2.5, 7), and goes through (4, 0). a. x = negative one-half, 4 c. x = one-third, 4 b. x = negative 4, 4 d. x = one-half, 4 Please select the best answer from the choices provided A B C D

Answers

Answer:

c

Step-by-step explanation:

Answer:

The Answer is D X=1/2,4

Step-by-step explanation:

La senora carmen pidio un prestamo en cierta financiera de $3,000 con un interes mensual del 8% y quiere saber cuanto debe pagar en total al termino de 3 meses

Answers

Responder:

$ 3720

Explicación paso a paso:

Dado que:

Tasa mensual, r = 8%

Principal, P = $ 3000

Duración o período, t = 3 meses

La cantidad final, A, que pagará después de 3 meses:

Usando la fórmula de interés simple:

A = P (1 + rt)

A = 3000 (1 + 0,08 * 3)

A = 3000 (1 + 0,24)

A = 3000 (1,24)

A = $ 3720

Which expression is equivalent to (6x+2)+(3x+7)?



Remember: it is the same thing as (6x+2)+1(3x+7)

Answers

Answer:

6x+3x=9x

2+7=9

9(x+1)

Distributive property

9x + 9

(im not completly sure this is the right answer)

I need help asap pleaseee

Answers

Answer:

Start from 1 and place a point. Go up up 9 rights then right one unit. Place a point and repeat (9 up and one right again)

Step-by-step explanation:

The slope is rise over run.

9 units up and 1 unit to the right.

b is the y-intercept.

(0, 1)

(1, 10)

(2, 19)

Help will give brainlist focus on the NOT EQUAL sign ignore the black stuff

Answers

Answer:

sorry dont know

Step-by-step explanation:

A retailer sends scratch-off coupons to registered customers; 30% of the coupons will reveal a discount of 50%.
Before mailing, a manager selects 10 coupons at random from the stack of printed coupons and scratches to
reveal the discount.
What is the probability that at least one of the coupons will reveal a discount of 50%?

Answers

Answer:

C) 0.972

Step-by-step explanation:

I am just as confused as you are but i tried understanding what "at least one" meant and my 2nd option was X>= 1, or something to that effect where 10 to 1 coupons being possible.

-6x - 12 < 36 please help me​

Answers

Answer:

x > -8

Step-by-step explanation:

i hope this helps :)

X>-8 this is easy well at least for me

QE
Q2. An theoren that spaci
fies the complete expansion of a binomial raised
to any positive integer
Power is called the​

Answers

Answer:

the binomial theorem is a theorem that specifies the complete expansion of a binomial raised to any positive integer power.

X^2+5+6 What is the solution

Answers

The solution is X^2+11

Answer:

X^2+11

add the 5 and 6

you can't add the x^2 to anything

what is the square root of 125n​

Answers

Answer:

5*(square root of)5n

That is your answer

what is sin -1 (3,8) ​

Answers

Answer:

-3.19758974227

Answer:

The sin of -1 (3, 8) is (330).

The table shows the estimated distances and elevation changes between a base camp and various
locations along a popular mountain trail. The distance traveled along the trail is represented by x, the
elevation is represented by y, and the time from the base camp to each location is represented by t.


1. Use the data points about the distance and elevations of the camps to graph the data points where the
x-coordinate is the total distance traveled from the base camp and the y-coordinate is the elevation. Use
the grid below or include a screenshot of the data plotted from a calculator. (5 points)

Answers

Answer:

on the attached pdf

Step-by-step explanation:

Please give me the correct answer.Only answer if you're very good at math.Take you're time when answering.​

Answers

Answer:

y = 20x

brainliest pls

also it’s your for the last you’re

Step-by-step explanation:

since y is the total cost and x is the total hours at 20 dollars an hour then we have 20 times the number of hours to get y

Answer:

y = 20x

Step-by-step explanation:

Cost of x hours is:

20x

Hence, since y = total cost,

y = 20x

4 divided by 1/4 and also Ms Leverenz is doing an art project with her class. She has a 3 foot piece of ribbon. If she gives each student and eighth of a foot of ribbon, will she have enough for her class of 22 students?​​

Answers

Answer:

uhuhh hold on I'ma brb bro bro

In ΔTUV, the measure of ∠V=90°, the measure of ∠T=42°, and UV = 20 feet. Find the length of TU to the nearest tenth of a foot.

Answers

Answer:

29.9 feet

Step-by-step explanation:

sin 42= 20/x

X sin 42=20 cross multiply

X sin 42/sin 42 = 20/sin 42 Divide each side by sin 42

X = 20/sin 42 = 29.8895 ~ 29.9 feet

Answer:

29.9

Step-by-step explanation:

please help solve!! i need my work need to me shown so please help me! ❤️
X + Y = 4
2x - 3Y = 6
Substitution or Elimination?

Answers

Answer:

(x, y) = (18/5, 2/5)

Step-by-step explanation:

x + y = 4

x = 4 - y

2x - 3y = 6

Substitution x

2x - 3y = 6

2(4 - y) - 3y = 6

8 - 2y - 3y = 6

-5y = 6 - 8

-5y = -2

y = 2/5

Substitution y

x = 4 - y

x = 4 - 2/5

x = 20/5 - 2/5

x = 18/5

(x, y) = (18/5, 2/5)

PLZ HELP ME I HAVE 5 MORE MINUTES

Answers

Answer:

-10

Step-by-step explanation:

-5(2) - 4(-1) - 8 +2(2)

Answer:

-10

Step-by-step explanation:

-5(2)-4(-1)-8+2(2)=

-10+4-8+4=-10

-×- is +

-×+ is -

select all equations that are equivalent to (5x+6)2=3-(4x+12)

Answers

Answer:

x=-1.5

Step-by-step explanation:

What is the measure of T​

Answers

the measure of T is 71.

Answer:

66

Step-by-step explanation:

Which is the completely factored form of 3x2 – 12x – 15?

3(x + 1)(x – 5)
3(x – 1)(x + 5)
(3x + 1)(x – 15)
(3x – 1)(x + 15)

Answers

3(x^2 - 4x - 5)
3(x^2 + x - 5x - 5)
3(x + 1)(x - 5)

Answer:

A

Step-by-step explanation:

What is the midpoint of (-2,-2) and (2,6)

Answers

Answer:

(0,2)

Step-by-step explanation:

Step-by-step explanation:

(-2-6) (-2-2)

-8/-4

(0,2)

what is the formula for volume of a cylinder​

Answers

Answer:

V=πr2h

Explanation:

Hope this helps

Answer:

πr^2h

Step-by-step explanation:

it's pie multiplying square of radius and height of cylinder

I have a question that says " jada has read 3/5 of a book. She has read 75 pages so far. How many pages are in the whole book?" (I NEED HELP)

Answers

Answer and Step-by-step explanation:

To solve, we would multiply by the reciprocal of the portion Jada has read, and multiply that number to 75.

The reciprocal means the the value, but flipped, so [tex]\frac{3}{5}[/tex] will become [tex]\frac{5}{3}[/tex].

Now we do 75 times [tex]\frac{5}{3}[/tex]/

[tex]\frac{75 * 5}{3} \\\\\\\\\frac{375}{3} \\\\\\\\125[/tex]

So, there are 125 total pages in the book.

#teamtrees #PAW (Plant And Water)

A public library spends $32,351 on new hardcover books. Each new book cost $17. How many books does the library purchase?

Answers

32,351 / 17 = 1,903 books
Yes I think that is right and I looked it up

If 'a' is an odd number, which of the following is also odd?
3a + 1
о
a + 2
O +
2a + 2
a + 1​

Answers

Answer:   B)  a+2

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

Explanation:

Adding an even number to an odd number always results in an odd number

even + odd = odd

odd + even = odd

So if 'a' is odd, adding 2 onto it (even number), leads to an odd result of a+2.

----------------------------------

Extra Information (optional section)

If you are curious why the two equations shown above are true, then here's a proof.

Let 'a' be an odd number. This means a = 2k+1 for some integer k. We add 1 to any multiple of 2 and it goes from even (2k) to odd (2k+1).

If we made b an even number, then b = 2m for some integer m.

Adding 'a' and b gives us...

c = a + b

c = ( a ) + ( b )

c = ( 2k+1 ) + ( 2m )

c = (2k+2m) + 1

c = 2(k+m) + 1

c = 2n + 1 .... where n = k+m

The result a+b is an odd number since it is in the form 2*(integer)+1

It verifies the claim that odd+even = odd.

So this shows that a+2 is also odd, since we let b = 2.

select ALL tables that represent a proportional relationship

Answers

Answer:

option B and D, I believe.

Step-by-step explanation:

In option B its times itsself

in option D it is x times y (y=5)