If you have a choice to earn simple interest on $10,000 for three years at 8% or annually compounded interest at 7. 5% for three years which one will pay more and by how much?.

Answers

Answer 1

Answer:

annually compounded interest at 7. 5% for three years will pay more by $22.97

Explanation:

Simple interest

A = P (1+ rt)

A = final amount

P = initial principal balance

r = interest rate

t = number of time periods elapsed

A = 10000(1+0.08x3) = $12,400

Annual compound interest

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

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed

A = 10000(1+0.075/1)^(1x3) = $12,422.97

$12,422.97 - $12,400 = $22.97


Related Questions

A researcher wants to conduct a study to see if playing chess improves memory. The researcher finds 50 individuals who play chess regularly and 50 that do not. Each of the 100 individuals are given a questionnaire designed to determine memory level. If the 100 individuals did not know they were participating in the study, which statement about the study is correct?.

Answers

Answer:

This is an observational study

Explanation:

just took the test

The goal in choosing vocabulary words is to focus on words that will be _______________ to the children.

Answers

Answer:

teach I give this answer because if we will teach the children the words we will repeat it again and again then the children will repeat it again and again and our mind

fix it

The diagram above can be completed with an increase in the membership and political power of which group? the populist party the ku klux klan the congress of racial equality the american civil liberties union.

Answers

The diagram in the image attached below can be completed with an increase in the membership and political power of: C. the congress of racial equality.

Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination, in search of better social amenities, living conditions, and work.

In the United States of America, there was an increase (rise) racial tension due to the following:

Migration of African-Americans to cities. Rise of nativism and religious fundamentalism among the people.

Consequently, the congress of racial equality (CORE) was established in 1942 by James Farmer to serve as an African-American civil rights organization (interracial organization).

In conclusion, the congress of racial equality (CORE) played a pivotal role in the civil rights movement by promoting the use of non-violent tactics to help African-Americans;

1. Secure equal rights with the Whites.

2. End racial discriminations in the United States of America.

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which of the following situations describe exponential growth? check all of the boxes that apply. the number of butterflies in an area increases by 10% per year. the population of a city increases by 500 people per year. kristy bought a collector’s coin for $2.15 and its value increases at a rate of 3% per year. the number of people who have heard a rumor increases because every person tells 2 other people.

Answers

The situations that describe exponential growth are;

1 ; The number of butterflies in an area increases by 10% per year.

3; Kristy bought a collector’s coin for $2.15 and its value increases at a rate of 3% per year.

4; The number of people who have heard a rumor increases because every person tells 2 other people.

Exponential growth generally can be represented by the formula;

f(n) = a(1 + r)ⁿ

where;

f(n) = exponential growth function

a = initial amount

r = growth rate in %

n = number of time intervals

1) The growth rate of the butterflies increase by 10% every year;

This can be modelled by an exponential growth function because we are given growth rate.

2) The population of a city increases by 500 people per year; This can't be modelled by exponential growth function because the growth rate is not in percentage.

3) Kristy bought a collector’s coin for $2.15 and its value increases at a rate of 3% per year;This can be modelled by an exponential growth function because we are given growth rate in %.

4) The number of people who have heard a rumor increases because every person tells 2 other people; This can be modelled by an exponential growth pattern because the rate of increase is 2 for every one person which is exponential in nature.

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Answer:abc

Explanation:

A zookeeper predicted that the weight of a newborn lion would be 2. 8 pounds. When the zoo’s lion gave birth, the newborn weighed 3. 5 pounds. What is the zookeeper’s percent error? round to the nearest percent.

Answers

20% would probably be the right answer

Which of the following best describes the sources that contribute to your online identity.

Answers

Statement that describes the difference that exists between an online identity and a real-life one is Online identities are more flexible.

Online identities can be regarded as the identity that is been presented on the internet and this is usually different from the real life identity.

This is because on internet different means can be used to have fake identity and this is different from real world.

We can conclude that difference between online identity and a real-life one is flexibility.

CHECK THE COMPLETE RELATED QUESTION BELOW;

What BEST describes the difference between an online identity and a real-life one?

Online identities are decided for you.

Online identities are short-lived.

Online identities are more flexible.

Online identities are forced on you

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Match each sentence with the appropriate purpose for writing.

Answers

Answer:

Where are the pictures? I would like to help you.

How should the following sentence end? she was smart, responsible, and learning french. Friendly to others. Studying math. Hosting the party.

Answers

Answer:

friendly to others.

Explanation:

I took the test and got it correct.

Answer: a

Explanation:

A car travels 35. 0 mph north for 1. 00 hour, then 40. 0 mph east for 0. 0500 hour, and finally 50. 0 mph northeast for 2. 00 hours. Calculate the average speed.

Answers

Answer:

the average speed is approximately 44.92mph

Read the table of contents. The traveler’s guide to japan table of contents 1. Japan’s history: then and now…………. 3 2. Itineraries for must-see cities…………. 27 3. Getting around…………………………. 46 4. Basic greetings…………………………. 63 5. Traveling on a budget……………………89 in which chapter would a reader find the most helpful information about the different modes of transportation available in japan? chapter 2: itineraries for must-see cities chapter 3: getting around chapter 4: basic greetings chapter 5: traveling on a budget.

Answers

Answer:

Answer is Chapter 3.

Explanation:

The chapter that would be the most helpful to someone planning a trip to Japan is  a chapter on the types of accommodations available.

What is the book about?

The book on the traveler’s guide to Japan is known to be a book that talks about the planning of a trip to Japan and everything to know about it.

Note that by adding a chapter on the types of accommodations available in Japan, one can be able to known what kind of accommodations  use if one is planning a trip to that country.

See full question

If added to "The Traveler’s Guide to Japan,” which chapter would be the most helpful to someone planning a trip to Japan?

a chapter on the Japanese educational system

a chapter on the governing bodies in Japan

a chapter on the cultural influences of China

a chapter on the types of accommodations available

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Lorena and julio purchased a home for $205,950. Their loan amount was $164,760, and the assessed value is now $200,500. Their tax rate is 1. 5%. How much will their monthly taxes be?.

Answers

Answer $9579
I Hope This Helps

What happens when the barrel goes over the waterfall?.

Answers

the barrel will crash down

Three people made the diagrams above to show what they think the moon looks like when it is seen from above (top view). In these diagrams, the sunlight is coming from the left, as shown by the arrows. Which diagram is accurate and why?.

Answers

When a diagram or a technical drawing is made, it can be either in three-dimensional mode (3D) or two-dimensional mode (2D) and can be viewed in different ways depending on the perspective.

With this in mind, there are different ways of viewing a drawing or diagram and they include:

Top ViewSide ViewFront View, etc

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

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Answer:c

Explanation:

Which of the following statements correctly describes the chromosomes in each daughter cell at the end of meiosis.

Answers

Answer:

Following? There are many other people that forgot the follow ing??

President theodore roosevelt speak softly and carry a big stick'' foreign policy was based on brainly.

Answers

Diplomacy and influence

How does frankenstein feel about his creation brainly.

Answers

I would say, he was pretty dang happy! Let me tell you, juggling kids, work and school! It’s crazy but this app helps me so much with my math. I really do appreciate how it explains the answer. Thank you!!

A software developer wants to add a new feature to an existing application operating in the cloud, but only wants to pay for the computing time the code actually uses when it is called.

Answers

Answer:aye bro answer my question

Explanation:

Nadia bought 4. 3 pounds of ham on tuesday and 1. 7 pounds of ham on wednesday. She spent a total of $41. 94. What was the price of the ham per pound?.

Answers

The price of ham per pound is $6.99 per pound.

Storing raw food requiring a higher cooking temperature below or away.

Answers

Storing raw food that requires a higher cooking temperature away

What does the image of "a huge mountain ‘tween my heart and tongue" suggest about the meaning of this passage? portia does not want lucius to find out that she is in love. Portia fears her own thoughts and wishes they would stop. Portia is not sure if lucius can be trusted with the errand. Portia does not want to say what she is feeling.

Answers

Answer: d. Portia does not want to say what she is feeling.

Explanation:

I got it right

Question:

What does the image of "a huge mountain ‘tween my heart and tongue” suggest about the meaning of this passage?

-Portia does not want Lucius to find out that she is in love.

-Portia misses the freedom to enjoy being out in nature.

-Portia knows that Lucius is one of the conspirators.

- Portia wishes for help to keep from saying what she knows and feels.

Answer:

Portia wishes for help to keep from saying what she knows and feels. -D

Explanation:

Just did it!

If the code for cabbage is dzcabff, what is the code for knight.

Answers

Substitution cipher has to do with the replacement of letters of the alphabet in different iterations so that it would be difficult to understand for anybody who does not know the cipher key.

Based on your given question, there is no cipher key given to help to break the code which was given, so there is very little that can be done on my part unless you seek the help of a professional cryptologist or code breaker.

Please note that your question is incomplete so I gave you a general overview so that you could get a better understanding of the concept.

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These questions are so hard to answer. Please help!

Answers

Answer:

i think B

Explanation:

Which statement best describes how the international ethics standards board for accountants' (iesba) code affects the u. S. Accounting profession?.

Answers

a. CPAs in public practice in the US are required to apply the IESBA Code, even if they don't perform services outside the US.

b. State boards of accountancy are required to adopt the IFAC's rules within 90 days of an IESBA rule change.

c. As a member body of IFAC, the AICPA is required to change its bylaws whenever the IESBA changes its rules.

d. The AICPA is required to adopt ethics standards that are at least as restrictive as the IESBA rules.

What is 3x3 – 11x2 – 26x + 30 divided by x – 5? 3x2 – 4x + 6 3x2 + 4x – 6 3x2 + 26x + 8 3x2 – 26x + 8.

Answers

First question answer is -26x + 17
x - 5

Which principal energy level of an atom contains an electron with the lowest energy?.

Answers

I think the answer to this is an s orbital

a player pays $15 to play a game in which a chip is randomly selected from a bag of chips. the bag contains 10 red chips, 4 blue chips, and 6 yellow chips. the player wins $5 if a red chip is selected, $10 if a blue chip is selected, and $20 if a yellow chip is selected. let the random variable x represent the amount won from the selection of the chip, and let the random variable w represent the total amount won, where w=x−15. what is the mean of w ?

Answers

The mean of w which represents the total amount won where w = x + 15 is;

w = -$4.5

We are given;

Winnings if a red chip is selected; x₁ = $5.

Now, there are 10 red chips in a bag of 20 chips.

Thus, the probability of this outcome is:

p₁ = 10/20

p₁ = 1/2

Winnings if a blue chip is selected; x₂ = $10

Now, there are 4 blue chips in a bag of 20 chips.

Thus, the probability of this outcome is:

p₂ = 4/20

p₂ = 1/5

Winnings if a yellow chip is selected; x₃ = $20

Now, there are 6 blue chips in a bag of 20 chips.

Thus, the probability of this outcome is:

p₃ = 6/20

p₃ = 3/10

Finally, the expected value is:

E(X) = 5(¹/₂) + 10(¹/₅) + 20(³/₁₀)

E(X) = $10.5

We are told that w = x - 15

where x is the amount won from selection of chip which is E(X) = $10.5

Thus;

w = 10.5 - 15

w = -$4.5

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A victim of sexual abuse may be seductive toward others.

Answers

Answer:

currect

Explanation:

because excperencing that they become used to it and though they know it is bad, they are still very much used to it.

Using the following vocabulary, describe in spanish what you do in your spare time. Write two sentences in spanish. Después de los fines de semana los lunes/martes/miércoles/jueves/viernes voy.

Answers

The examples in Spanish are listed below:

Después de los fines de semana yo voy los lunes y el martes al centro comercial a ver las novedades de los almacenes.Después de los fines de semana yo voy los miércoles en la noche a leer con tres amigos libros de literatura alemana.

Procedure - Sentences in SpanishGrammatical structure

In this question we must build two sentences in Spanish in which we talk about hobbies and which follow this grammatical construction:

Después de los fines de semana + pronoun + verb + complement

Examples in Spanish (Results)

Now we proceed to present two examples of sentences in Spanish:

Después de los fines de semana yo voy los lunes y el martes al centro comercial a ver las novedades de los almacenes.Después de los fines de semana yo voy los miércoles en la noche a leer con tres amigos libros de literatura alemana.

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Dwight creates a table of values for a function and plots the points. He finds that one y value divided by the next y value produces the same answer each time. What kind of function did he graph?.

Answers

Answer:Liner
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An mg2+ ion has the same electron configuration as.

Answers

Yes, the Mg2+ ion and the neutral neon atom are called isoelectronic
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