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Two savings accounts each start with a $100 principal and have an interest rate of 5%. One account earns simple interest and the other earns annual compound interest. Which account will earn more interest over 10 years? How much more? Round to the nearest cent when necessary.

Answers

Answer 1

Answer:105.00

A = $105.00

I = A - P = $5.00

Equation:

A = P(1 + rt)

First, converting R percent to r a decimal

r = R/100 = 0.5%/100 = 0.005 per year.

Solving our equation:

A = 100(1 + (0.005 × 10)) = 105

A = $105.00

The total amount accrued, principal plus interest, from simple interest on a principal of $100.00 at a rate of 0.5% per year for 10 years is $105.00.


Related Questions

so like i need help with this



Lucas wants to use the box with the greatest volume. Which shipping box should he use?

Box __

Answers

Answer:

Box D

Step-by-step explanation:

To find volume, we multiply length x width x height.

Box A: 1 x 5 x 3= 15 ft³

Box B: 3 x 4 x 2= 24 ft³

Box C: 2 x 7 x 1= 14 ft³

Box D: 3 x 3 x 3= 27 ft³ (greatest volume)

Answer: Lucas should use box D.

Step-by-step explanation:

Volumes for each box  

Box A: 15  

Box B: 24  

Box C: 14  

Box D: 27

Hope this helped! ;)

is y=2/3x-2 a direct variation? if so, find the constant of variation ^^ (ALG 1)

Answers

Answer:

Yes, the constant of variation is 2/3

Step-by-step explanation:

constant variation is another term for slope

PLEASE ANSWER I WILL GIVE BRAINLIEST TO WHOEVER ANSWERS GOOD PLEASE

Answers

A 6 down, A 6 right

hope this helped :)

Which solid figure will this net form? Plz help

Answers

Answer:

Square pyramid

Step-by-step explanation:

a

Answer:

Your answer will be square pyramid.

Step-by-step explanation:

So, how is it a square pyramid you may ask. Well the center of the figure is a square and the 4 sides are triangles. Therefore, this is a square pyramid.

Please mark me brainliest if you can, if not then it's alright. Have a good day!! :)

Plz help!!!!!!!!!!!! Will be marked BRAINLIEST

Answers

dk

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bye

0x-0= 0
0 (x-0)=0
Anything times 0 with always = 0 so I’m right

4. True help will be greatly appreciated, tricks or games will be reported; no links or websites or pdfs. Thanks!

Answers

Answer:

5. is 60 Miles ph  

6. D

Step-by-step explanation:

5 is B, 6 is D, hope this helps

Corie hit 5 homeruns at batting practice out
of 20 pitches thrown. What is the
experimental probability that Corie will hit a
homerun at batting practice?
A. 1/5
B. 1/4
C. 1/3
D. 1/2

Answers

B 1/4 because he has hit 1/4 of the pitches thrown at him
B because 5 goes into 20 4 times,
but it needs to be simplified
5/20 which goes down to 1/4

PLEASE HELP I WILL GIVE BRAINLIEST TO WHOEVER ANSWERS GOOD PLEASE

Answers

Answer:

Option 3

Step-by-step explanation:

A translation is when an object "slides" from one location to another

Antonio is in a bowling league. His goal is to score an average of at least 100 points per game. His scores so far are 105,95,97,82, and 110. How many points can Antonio score in his next game to reach his goal? Show your work.

PLS HELP!

Answers

Answer:    https://studyandanswers.com/mathematics/question22072494

you can find the answer on the link above hope that helps!

Cubed shaped boxes like the figure shown are used for gifts. Find the surface area to figure out how much wrapping paper is needed to wrap one gift. One box needs ____________ inch squared of wrapping paper. (Round to the nearest square inch.)

(Length is 9.6 all the same for height and width as well)

Answers

Answer:

77? i am not sure

Step-by-step explanation:

Are we finding the area or circumstances?

Answers

Answer:

rate

Step-by-step explanation:

Answer:

Your finding curcumfrience

Evaluate the expression when x = 2, y = 5, and z = 4.

z2 ÷ 4


2

4

1

8

Answers

4 because when there is a letter next to a number you multiply the value of the letter by the number it is standing next to

I RLLY NEED HELP PLEASEEEEE​

Answers

Also I think the answer is 55

Answer: 5?

Step-by-step explanation: because when it leans the ladder's sizes would decrease right? so yeah I guess 5

The graph below shows the winter precipitation in Arizona from 1995 to 2002. It also shows the survival rates of Arizona pronghorn fawns for the same period.

Which two years had the most precipitation?

• Which two years had the best survival rates for fawns?

• Using your knowledge of biotic and abiotic factors and information from the graph, give two reasons why precipitation and fawn population are linked.

• Predict what would happen to the fawn population if the precipitation rate continues to go downward in 2003.

Answers

Answer:

lose people

Step-by-step explanation:

they won't get any more people coming with them

Find the missing point of the following square.

(6, 3)
(8, 4)
(7, 5)
(7, 4)
1 of 3

Answers

Answer:

(7, 4) completes the square

Step-by-step explanation:

Answer:

Am I supposed to use the points you told me? Can you be a little more specific please.

By the way that is not a square it is a rectangle and to make it a rectangle the missing point would be:

(7, 4) hoped this helped you.

pls help this is due in an hour pls!! i will give brainliest

Although the national medal standings are not recognized by the
International Olympic Committee (IOC), these standings are usually compiled for
each Olympics. Here are the final standings for the top ten teams for the 2000 Summer Olympics in Sydney. G represents gold medals won, S represents silver
medals won, B represents bronze medals won, and T represents total medals won. Country G S B T
United States 40 24 33 97
Russia 32 28 28 88
China 28 16 15 59
Australia 16 25 17 58
Germany 13 17 26 56
France 13 14 11 38
Italy 13 8 13 34
Cuba 11 11 7 29
Great Britain 11 10 7 28
Netherlands 12 9 4 25

1. If the top ten nations were randomly selected to march, one after another, into the stadium at the closing ceremonies, in how many ways could the nations have marched in?

2. Assume that the medals won by the Netherlands were won by twenty-five different athletes. These athletes are selected to compete in a contest for charity. Their names will then be listed on a plaque with the athletes who place first, second, and third listed before the others. How many different ways are there to list the top three athletes’ names on the plaque?

3. Assume that the gold medals won by Australia were won by sixteen different athletes. Following the Olympics, a parade of the Australian Olympic participants was held in Sydney. The gold medal winners marched at the head of the column, with four of the sixteen medalists carrying the Australian flag in the front row. If the arrangement of the four gold medal winners in the front row isn’t important, how many combinations of these four athletes are there?

Answers

Answer:

1. 10 * 10 = 100

2. 6

3. 16

Step-by-step explanation:

1. 10 x 10 = 100

2. 123

321

231

213

312

132

3. 4 x 4 = 16

Yesterday 170 guests at a hotel called for room service, and 255 guests did not call for room service. What percentage of the guests at this hotel called for room service yesterday.

Answers

Answer:

C, 40%

Step-by-step explanation:

170+255=425, 170/425=0.4%=40%

It’s 40%. 170+255=425 and I’m not sure how to explain how to convert it but once you do into a percentage you get 40%

what is the perimeter of XYZ

Answers

Answer:

perimeter of triangle will be 126 cm

Step-by-step explanation:

Determine the constant of proportionality between the amount of earnings and the number of hours shown in the graph.

Answers

Answer:

it would depend on what time is(hours, minutes)

Step-by-step explanation:

But its 6 dollars per H

Garret studies number of hours sleep per night among students who have a grade point average of 3.0–4.0 versus students who have a grade point average of 2.0–3.0.

His theory is that students who get more sleep will have a higher grade point average than students who get less sleep because they are more rested and, therefore, better able to concentrate.

In his samples, the mean number of hours of sleep students with a grade point average of 3.0–4.0 received each night was 6.8. The mean number of hours of sleep students with a grade point average of 2.0–3.0 received each night was 6.4.

Assuming there are no outliers or skew, do the results support Garret's theory?

Select from the drop-down menus to correctly complete the statements.

Since the samples were large and randomly chosen, we can use the samples to understand the populations.

Because the sample mean for students with a grade point average of 3.0–4.0 is
Choose...
the sample mean for students with a grade point average of 2.0–3.0, the results
Choose...
support Garret's theory.

Answers

Answer:

In his samples, the mean number of hours of sleep students with a grade point average of 3.0–4.0 received each night was 6.8.

Step-by-step explanation:

The mean number of hours of sleep students with a grade point average of 2.0–3.0 received each night was 6.4.

CAN SOMEBODY PLEASE ANSWER THIS ASAP! THIS IS TIMED AND IM HAVING TROUBLE! NO LINKS

Answers

Answer:

The distance goes somewhere for little bit of time then it stays striate the rest of the time.

Step-by-step explanation:

Please answer this question

Answers

Answer:

volume would be 105 cubic inches

I think its the 105 or the 95 but more the 105

WILL GIVE BRAINLIEST NEED HELP NO LINKS PLEASE

Answers

7th Grade:
Soccer- 17
Volleyball- 8
Total- 25
8th grade:
Soccer- 3
Volleyball- 18
Total- 21
Total:
Soccer-20
Volleyball-26
Total-46
The total is 46 :)
Hope this helps

After 24% of discount, the new price of a shoes is $75. What was the regular price of the shoes? Choose the closest number.

a. $99
b. $57
c. $18

Answers

Answer:

B $57

Step-by-step explanation:

I think i'm right I did the math

Answer:

The answer would be B - $57

Step-by-step explanation:

If you have 75 and your taking 24% off of it, you end up with $57.

Hope this helps

Brainliest??

-3x - 5 = 16
(PLEASE HELP ME ASAP I WILL GIVE YOU BRAINLIEST AND PLEASE SHOW YOUR WORK)

Answers

Start by writing -3x-5=16. You can add 5 to both sides since the inverse operation of negative is adding positive. You will then get 16+5=21. Then you will get -3x=21. Divide by -3 on both sides. -3x/-3. 21/-3=-7 x=-7. Now check your answer -3(-7)=21-5=16. Checks out. Hopefully this helps!

PLEASE HELPPP
a hot water tank was full of hot water before eddy used 15 gallons to wash clothes now there is only 80% of the water. how much water, in gallons, does the hot water tank hold?

Answers

Answer: 12 gallons are left in the hot water tank.

Why?: Take 80 percent of 15 gallons.

For AABC, the measure in degrees of angles A, B, and Care 60, 55, and x + 20 respectively. What is the value of x?

Answers

Answer:

60 + 55 + x + 20 = 180

135 + x = 180

x = 180 - 135 = 45 degrees is your answer.

Step-by-step explanation:

B. 45 is the answer my good sir

Please help! This is due today! I just need help with this one problem!

Answers

Linear equations are 2a + 3b = 82 and a + b = 38
A = 32
B = 6
The answer: A=32
B=6

please help me with these

Answers

I can’t see
Take a picture with it zoomed in

Last week, Jeffrey kept track of the time he spent doing homework.
On Monday, he spent 1 hour 15 minutes doing math homework and 37 minutes reading homework.
On Wednesday, he spent 2 hours 18 minutes on a science report.
How long did Jeffrey spend doing homework last week?
A. 3 hours 10 minutes
B. 3 hours 50 minutes
C. 4 hours 10 minutes
D. 5 hours 10 minutes

Answers

Answer:

c. 4 hours and 10 minutes

Step-by-step explanation:

C. 4 hours and 10 minutes
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Please answer number 7 Ill give brainliest thanks! Random survey lol: if you did virtual learning this year did your grades improve or decrease ? Please help me I would appreciate it a lot - 7th grade work -Please help, and answer only if you have an answer. Is 3/4greater or less than 1/2....is it 1/2? PLEASEEEEE HELPPPPP ASAPPPPP ill give brainliest!!!! please answer all of these for my history Pls help, this question has been bugging me for a while. can someone help me find x The table below shows the possible outcomes of rolling a six-sided number cube and flipping a coin.what is the probability of getting a number less than 3 and tailsA. 1/12 B. 1/6C.1/4D. 1/3 The length of each side of the cube shown is 5cm Which equation can be used to find the volume of the cube i need help asap pleaseee:) Plsss help I will mark brainlist plsss help fast Solve the system of equations. 9x+11y=2 3x+4y=4 Risk and Return. We have seen that over long periods of time, stock investments have tended to substantially outperform bond investments. However, it is not at all uncommon to observe investors with long horizons holding entirely bonds. Are such investors irrational? Stephen Douglas predicted that the kansas-nebraska act would impact peace to the country and stability to the union. was he correct? why or why not if I have a 68% overall and I get a A+ on a final exam that is worth 20% of my grade what would my grade be? There is 86 questions on the final Ayuda es para Hoy.!!No tiene un problema solo me salex= Order 2.32, 2 1/3, 224%, 254%, 2 2/5From least to greatest. A(n) _______ studies physical components and characteristics of celestial objects.The answer is ASTROPHYSICIST!