A youth group earns $600 for charity and decides to put it in a bank. Calculate the amount of money the group will have for each scenario.

Part A chase bank pays simple interest at 5% and the group leaves the money for 5 years
part B witney bank pays an interest rate of 4% compounded annually and the group leaves the money for 6 years

Answers

Answer 1

Based on the types of compounding and the interest rates, the following are true:

Part A - The group will have $750Part B - The group will have $759.19

When using simple interest, the amount the group will have is:

= Amount x ( 1 + rate x number of years )

= 600 x ( 1 + 5% x 5)

= $750

When using compound interest, the group will have:

= Amount x ( 1 + rate) ^ Number of years

= 600 x ( 1 + 4%)⁶

= $759.19

In conclusion, compound interest yields more.

Find out more about compound interest at https://brainly.com/question/25263325.


Related Questions

A company wants to determine the level of interest among its employees for an annual summer picnic. The company wants to survey
200 employees.
What is the best way to randomly choose these 200 employees?

Answers

Answer: Use employee identification numbers to randomly select 200 employees

Step-by-step explanation:

Random sampling refers to a sampling technique whereby each sample has an equal chance of being selected. It is an unbiased representation of the entire population and this is vital in drawing conclusion.

From the options given, the best way to randomly choose these 200 employees will be to use employee identification numbers to randomly select 200 employees.

Find the slope (m) of the line using the origin, (0,0) and the point (2,8)

Answers

Answer:

m=4

Step-by-step explanation:

m = y2 - y1/x2 - x1

(y2=8, y1=0, x2= 2, x1=0)

m = y2 -y1/x2 - x1

= 8 - 0/2 - 0

= 8/2

=4

Help
Find the volume of this cone.
Use 3 for T.
6ft
V =
3
Tr2h
1
10ft
V
V-
[?]ft3
A

Answers

Answer:

[tex]V=90[/tex]

Step-by-step explanation:

Step 1:  Find the volume of the cone

[tex]V = \frac{\pi *r^{2}*h}{3}[/tex]

Plug in the values

[tex]V = \frac{\pi *3^{2}*10}{3}[/tex]

Simplify and Solve

[tex]V = \frac{\pi *9*10}{3}[/tex]

[tex]V = \frac{90\pi }{3}[/tex]

[tex]V = \frac{90*3 }{3}[/tex]

[tex]V=90[/tex]

Answer:  [tex]V=90[/tex]

what is everything i need to know about bearings?? i suck at them

Answers

Answer:

Step-by-step explanation:

bearing is the angle which a line makes with the north.

What is the length of ST?

Answers

Answer:

14.49 inches......I think this help you.....I am not dam sure this is right or not....

Helpless! I need help.

Answers

I have attached the answer below

Answer:

0

Step-by-step explanation:

r=5

So

=5⁴-5(5)³-4(5)²+5(5)+75

=5⁴-5(125)-4(25)+5(5)+75

=625-625-100+25+75

=0

will mark brainliest! PLEASE!

Answers

Answer:

a) There are two possibilities for rigid transformation:

(i) 180° counterclockwise rotation around point B.

(ii) 180° clockwise rotation around point B.

b) Since transformation is rigid, it is suppose that every measure for sides and angles remains constant. In other word, sides and angles are conserved.

c) The corresponding angles and sides are presented below:

[tex]BC = BE[/tex], [tex]AC = DE[/tex], [tex]AB = BD[/tex]

[tex]\angle B = \angle B[/tex], [tex]\angle A = \angle D[/tex], [tex]\angle C = \angle E[/tex]

Step-by-step explanation:

a) There are two possibilities for rigid transformation:

(i) 180° counterclockwise rotation around point B.

(ii) 180° clockwise rotation around point B.

b) Since transformation is rigid, it is suppose that every measure for sides and angles remains constant. In other word, sides and angles are conserved.

c) The corresponding angles and sides are presented below:

[tex]BC = BE[/tex], [tex]AC = DE[/tex], [tex]AB = BD[/tex]

[tex]\angle B = \angle B[/tex], [tex]\angle A = \angle D[/tex], [tex]\angle C = \angle E[/tex]

Find the sizes of unknown angles.

Grade 7
Geometery-Angles...
Pls answer fast with steps whoever tells right will given brainliest and 5 stars.​

Answers

Answer:

40,65,75,40,105,35

Step-by-step explanation:

All the x variables form a straight line so

[tex]x + x+ 25 + x + 35 = 180[/tex]

[tex]3x + 60 = 180[/tex]

[tex]3x = 120[/tex]

[tex]x = 40[/tex]

Angle P is vertical to Angle X so

Angle P is equal to Angle X so

[tex]p = 40[/tex]

3q and q is supplementary to both Anlge P and X so this means they must equal 140.

[tex]3q + q = 140[/tex]

[tex]4q = 140[/tex]

[tex]q = 35[/tex]

Resultados de esta operación porfavor
/4 + 1/3

Answers

Answer:

Step-by-step explanation:

english only please

I need help I don't understand this.

Answers

Answer:

gmvlɛpuyhgn

gteeyolpp

jwjvy

Pythagorean Theorem
The diagram shows square 1, 2, and constructed on the sides of right
triangle
3
1 2
Which statement about the squares must be true?

Answers

Option A

We can prove this by a example

Take a pythagorean triplet 3, 4, 5

Now 5 is the hypotenuse

Area 1 = 3^2

= 9

Area 2 = 4^2

=16

Area 3 = 5^2

=25

So 9 + 16 = 5

25 = 25

Therefore its option A

Answered by Gauthmath must click thanks and mark brainliest

The correct relation between these rectangle is (Area of 1) + (Area of 2) = (Area of 3)

What is Area?

The area is the entire amount of space occupied by a flat (2-D) surface or an object's form. On a sheet of paper, draw a square using a pencil. It has two dimensions. The area of a form on paper is the area that it occupies.

From the general formula of the area of the square,

Area of 1 = (side of 1st)²

Area of 2 = (side of 2nd)²

Area of 3 = (side of 3rd)²

From the Pythagorean theorem in the given triangle,

(side of 2nd)²+(side of 1st)² = (side of 3rd)²

Thus,

(Area of 1) + (Area of 2) = (Area of 3)

Learn more about Area here:

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Match each equation with its solution


PLEASE HELPP ASAP!

Answers

Answer:

-5x = 26 is 5.2

x/2 = 4 is -8

3/2x=6 is 4

x/-7.2=4 is 28.8

Use
inductive reasoning
to
describe the pattern. Then find the next two numbers in the pattern.
-3, 9, -27, 81, ...

Answers

Answer:

I don't know what inductive reasoning is but, the next two numbers in the pattern are -243 and +729

Step-by-step explanation:

each number is being multiplied by a factor of (-3).

Jenny puts 8 stickers on each page of her note book. She uses 72 stikers in all which equation can be use to find the number of in jennys note book

Answers

Answer:

72/8=9 im not sure which it is asking for

Step-by-step explanation:

we know that Jenny has 72 stickers with 8 stickers on each page. so therefore the the 72 stickers have been divided by 8 to fit onto 9 pages.

Answer:

9 pages of stickers

Step-by-step explanation:

72 / 8 = 9 pages of stickers

. Tập nghiệm của bất phương trình  

 
1 5
1 1
x x
x x
là:

Answers

Answer:

pnj hnu n

126

11

yes ......

....

.

..

x u g

Shinto is serving pizza. He serves 1/5 of the pizza to one friend and 5/12 to another friend. If he had 9/10 of a pizza to start with, how much does he have leftover.

Answers

Answer: 17/60

Step-by-step explanation:

Change all of the fractions to have a common denominator:

LCM of 10, 12, 15 is 60

You get 12/60, 25/60, and 54/60.

54/60 is what he had at the start, and so you can just subtract what he gave away

54/60-12/60=42/60

42/60-25/60=17/60

17 is a prime number so you cannot simplify the fraction

Answer:

17/60

Step-by-step explanation:

First we find the LCM of 10, 12, and 5, which is 60.

He started with 54/60.

He gave away 12/60, leaving 42/60.

He gave away another 25/60, leaving 17/60.

He had 17/60 of a pizza left over.

An electricity post is supported by a 12 m long strut(wire). If the strut makes an angle of 53° with the ground level, how far from the post is the strut attached to the ground?

Answers

Step-by-step explanation:

I do hope that you understand through the steps in the attachment, if not kindly reach out!

Paul invests ₦4800 for 5 years at 3% per annum simple interest. Calculate the amount Paul has after 5 years.​

Answers

Answer:

bạn cực ngu

Step-by-step explanation:

bạn cực kì ngu

please prove it
(full steps required)
(No spam answers)​

Answers

Answer:

Step-by-step explanation:

It's given in the question,

[tex]2^x=3^y=12^z[/tex]

[tex]2^x=12^z[/tex]

[tex]\text{log}2^x}=\text{log}12^z}[/tex]

[tex]x\text{log2}=z\text{log12}[/tex]

[tex]x=\frac{z\text{log}12}{\text{log2}}[/tex]

[tex]3^y=12^z[/tex]

[tex]\text{log}3^y}=\text{log}12^z}[/tex]

[tex]y\text{log}3}=z\text{log}12}[/tex]

[tex]y=\frac{z\text{log12}}{\text{log}3}[/tex]

Now substitute the values in the equation,

[tex]\frac{1}{y}+\frac{2}{y} =\frac{1}{\frac{z\text{log12}}{\text{log}3}}+\frac{2}{\frac{z\text{log}12}{\text{log2}}}[/tex]

         [tex]=\frac{\text{log}3}{z\text{log}12}+\frac{2\text{log}2}{z\text{log}12}[/tex]                    

         [tex]=\frac{\text{log}3+\text{log}2^2}{z\text{log}12}[/tex]

         [tex]=\frac{\text{log}(3\times 2^2)}{z\text{log}12}[/tex]

         [tex]=\frac{\text{log}(12)}{z\text{log}12}[/tex]

         [tex]=\frac{1}{z}[/tex]

Hence proved.

solve for x.
solve for x.
solve for x.

Answers

Answer:

x = 10

Step-by-step explanation:

7(x+1+7)=6(x+5+6)

or, 7(x+8)=6(x+11)

or, 7x+56=6x+66

or, 7x-6x=66-56

or, x=10

Answered by GAUTHMATH

Beatrice graphed the relationship between the time (in seconds) since she sent a print job to the printer and the number of pages printed.

10
10
20
20
30
30
40
40
5
5
10
10
15
15Seconds since sending print jobPages printed
What does the
x
xx-intercept represent in this context?
Choose 1 answer:

Answers

Given:

Consider the below figure attached with this question.

To find:

The interpretation for x-intercept in this context.

Solution:

In the given graph x-axis represents the second since sending print job and y-axis represents the Pages printed.

At x-axis the y-coordinate is 0. It means the x-axis represents the number of seconds that passed before the printer started printing pages.

Therefore, the correct option is C.

Answer:

B. The number of seconds that passed before the printer started printing pages

Step-by-step explanation:

Question 11 in the picture. Please help me

Answers

Answer:

hhhahah

Step-by-step explanation:

eeee

Please ignore what was already selected

Answers

Answer: Option 4

CE/DE

Explanation:

Sin = Opposite/Hypotenuse

In triangle DCE the opposite ( angle D ) is CE and the hypotenuse is DE

so sinD = CE/DE

Must click thanks and mark brainliest

câu 1: cho hình chóp S.ABC có đáy là tam giác đều cạnh bằng a, cạnh bên SB vuông góc với mặt phẳng (ABC) , SB =2a. Tính thể tích khối chóp S.ABC
Câu 2: Cho hình chóp S.ABC với SA, SB,SC đôi một vuông góc và SA=SB=SC +a . TÍnh thể tích của khối chóp S.ABC.

Answers

Answer:

[tex]\frac{\sqrt{3}}{6} a^{3}[/tex] và [tex]\frac{a^{3} }{6}[/tex]

Step-by-step explanation:

Câu 1: V = 1/3.2a.[tex]\frac{\sqrt{3}}{4}[/tex][tex]a^{2}[/tex] = [tex]\frac{\sqrt{3}}{6} a^{3}[/tex]

câu 2: Theo đề bài ta có SA là chiều cao và tam giác đáy SBC vuông tại S (hình chóp S.ABC đổi thành chóp A.SBC)

=> V = 1/3 SA.(diện tích tam giác SBC) = 1/3a.[tex]\frac{a^{2} }{2}[/tex] = [tex]\frac{a^{3} }{6}[/tex]

WHERE ARE THE EXPERTS AND ACE!!!!!!! I NEED HELP PLS SHARE YO SMARTNESS!!!!! WILL GIVE BRAINLIEST AND RATE AND VOTE!!!
2 QUESTIONS!

Answers

Answer:

D and B

Step-by-step explanation:

2) (59.6)/180 * pi=1.04

I’m stuck somebody can help me

Answers

Answer:

26

Step-by-step explanation:

Answer:

26

Step-by-step explanation:

(g•h)(x) = 2(x²+4)

(g•h)(3)=2(3²+4)

=2(9+4)

=2(13)

=26

who a beast at math??​

Answers

The similarity statement: EGF ~ LNM
Scale factor: 1/3

Find the measure of the indicated angle to the nearest degree.
33
32

Answers

Answer:

A= 75°

Step-by-step explanation:

SinA = opposite÷hypoteneous

A = Sin^-1(32÷33). (inverse sin = sin^-1)

A = 75.85

A= 75°

Note: To calculate we use scientific calculater.

Angle A in triangle ABC is approximately 76 degrees. So, correct option is A.

In a right triangle, the side opposite the right angle is called the hypotenuse, and the other two sides are called the legs. Let's consider triangle ABC, where angle B is the right angle, AC is the hypotenuse, and BC is one of the legs.

We are given that AC = 33 and BC = 32. To find angle A, we can use trigonometric ratios. In this case, we can use the sine function.

The sine of angle A is defined as the ratio of the length of the side opposite angle A (BC) to the length of the hypotenuse (AC):

sin(A) = BC / AC

Substituting the given values, we have:

sin(A) = 32 / 33

Using the inverse sine function (sin⁻¹), we can find the value of angle A:

A = sin⁻¹(32 / 33)

Using a calculator, we find that angle A is approximately 75.85 degrees. Rounding off to the nearest angle we get 76 degrees.

Therefore, angle A in triangle ABC is approximately 76 degrees. So, correct option is A.

To learn more about angle click on,

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Mrs. Vacarro sliced a banana into 5 pieces. After eating one slice, she gave ⅘ of the original total to her toddler. After her child was finished, there were ⅖ of the banana slices left. What expression would you use to find out what fractional amount of banana Mrs. Vacarro's toddler ate?

Answers

Answer : the toddler ate 2/5 pieces

Explanation: there were 5 existing pieces, mrs. Vacarro had 1 and gave the rest to her toddler which were 4 pieces. The remaining pieces were 2 which means the toddler ate 2/5 pieces

The fractional amount of banana Mrs. Vacarro's toddler ate is 2/5.

What is a word problem?

A word problem is a verbal description of a problem situation. It consists of few sentences describing a 'real-life' scenario where a problem needs to be solved by way of a mathematical calculation.

For the given situation,

Mrs. Vacarro sliced a banana into 5 pieces.

Number of slices she gave to her toddler = 4/5

Number of slices left after her toddler had finished eating = 2/5

Thus number of slices toddler ate,

⇒ [tex]\frac{4}{5} -\frac{2}{5}[/tex]

⇒ [tex]\frac{4-2}{5}[/tex]

⇒ [tex]\frac{2}{5}[/tex]

Hence we can conclude that the fractional amount of banana Mrs. Vacarro's toddler ate is 2/5.

Learn more about word problems here

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write down the first 3 term of each sequence described by the sequence with first term 8 and difference -7​

Answers

Answer:

8,1,-6

Step-by-step explanation:

8 + (-7)

= 8-7 = 1

1 + (-7) = 1 - 7 = -6

The first three terms are 8, 1,-6

Answered by Gauthmath

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