You have the option of loaning money to one friend who promises to pay simple interest or to another friend who promises to pay the same APR but compound the interest. Which would you choose, and why?

Answers

Answer 1
Answer:

I would loan my money to the one who pays the compound interest.

This is because more money would be generated from the compound interest as it is based on the principal (Amount loaned) and also the interest generated from the loan. Unlike simple interest that is only based on the principal.


Related Questions

Hiwhat is 18×18[tex]18 \times 18[/tex]

Answers

[tex]18\cdot18=324[/tex]

The answer for 18 x 18 is 324.

in 3 years Donald wants to buy a bicycle that costs 600.00 if he opens a savings account that earns 4% interest compounded quarterly how much will he have to despoit as principal to have enough money in 3 years to buy the bike

Answers

We want the future value to be $600. With an interest of 4% quarterly in 3 years, we have the following information:

[tex]\begin{gathered} FV=600 \\ i=0.04 \\ t=3 \\ n=4 \end{gathered}[/tex]

Then we apply the following formula:

[tex]PV=\frac{FV}{(1+\frac{i}{n})^{n\cdot t}}[/tex]

therefore, we have that:

[tex]PV=\frac{600}{(1+\frac{0.04}{4})^{4\cdot3}}=\frac{600}{(1.01)^{12}}=532.46[/tex]

therefore, Donald would have to deposit $532.46 as principal.

A right triangle is shown in the figure what is the value of x

Answers

So,

We could use the pythagorean theorem as follows:

[tex](3x)^2+x^2=(\sqrt[]{40})^2[/tex]

And then solve for x:

[tex]\begin{gathered} 10x^2=40 \\ x^2=\frac{40}{10} \\ x^2=4 \\ x=2 \end{gathered}[/tex]

Therefore, x=2.

Find the probability that a randomly chosen point is the figure lies in the shaded region. Give all answers in fraction and percent forms.help with number 5 or all of them if u can pls

Answers

NUMBER 5:

INFORMATION:

We have a trapeze and, we need to find the probability that a randomly chosen point is the figure lies in the shaded region

STEP BY STEP EXPLANATION:

To find the probability, we must divide the area of the shaded region by the total area of the trapeze

[tex]\text{ Probability}=\frac{Shaded\text{ area}}{Total\text{ area}}[/tex]

- Total area:

To calculate the total area, we must use the formula for the area of a trapeze

[tex]A_{trapeze}=\frac{(b_1+b_2)h}{2}[/tex]

Where, b1 and b2 are the bases and h is the height

Then, analyzing the trapeze we can see that b1 = 20, b2 = 14 and h = 12

[tex]A_{total}=A_{trapeze}=\frac{(20+14)12}{2}=204[/tex]

So, the total area is 204 square units

- Shaded area:

To find the shaded area, we must subtract the no shaded area from the total area.

We can see that the no shaded area is a rectangle with width = 14 and height = 12

Now, using the formula for the area of a rectangle

[tex]A_{rectangle}=\text{ width}\times\text{ height}=14\times12=168[/tex]

Then, subtracting the area of the rectangle from the total area

[tex]A_{\text{ no shaded}}=204-168=36[/tex]

So, the no shaded are is 36 square units.

Finally, the probability would be

[tex]\begin{gathered} \text{ Probability}=\frac{36}{204} \\ \text{ Simplifying,} \\ \frac{3}{17}\approx17.65\text{ \%} \end{gathered}[/tex]

ANSWER:

the probability that a randomly chosen point is the figure lies in the shaded region is

[tex]\frac{3}{17}\approx17.65\text{ \%}[/tex]

I need helps this is an assignment dealing with kites

Answers

In a kite, there is one pair of congurent angles. So

[tex]3x-22=x+52[/tex]

Solve the equation for x.

[tex]\begin{gathered} 3x-22=x+52 \\ 3x-x=52+22 \\ x=\frac{74}{2} \\ =37 \end{gathered}[/tex]

So value of x is 37.

Answer: 37

A boat travels 82 km on a 160 degree course. Find the distances it travel south and east, respectively

Answers

A boat travels 82 km on a 160-degree course. Find the distances it travels south and east, respectively

see the attached figure to better understand the problem

step 1

Find out the East's distance (dx)

we have that

cos(20)=dx/82

dx=82*cos(20)

dx=77.05 Km

step 2

Find out the South's distance (dy)

sin(20)=dy/82

dy=82*sin(20)

dy=28.05 Km

In planning her retirement, Liza deposits some money at 4.5% interest, with twice as much deposited at 5%. Find the amount deposited at each rate if the total annual interest income is $1595.

Answers

Let

x ----> amount deposited at 4.5%

y ----> amount deposited at 5%

we have that

y=2x----> equation A

4.5%=0.045

5%=0.05

so

0.045x+0.05y=1,595 ----> equation B

solve the system

substitute equation A in equation B

0.045(x)+0.05(2x)=1,595

solve for x

0.045x+0.10x=1,595

0.145x=1,595

x=11,000

Find y

y=2(11,000)=22,000

The amount deposited at 4.5% was $11,000 and the amount deposited at 5% was $22,000

what is the most important piece of the software in a computer​

Answers

Answer:

Step-by-step explanation:

the operating system

Answer:

An operating system is the most important software that runs on a computer. It manages the computer's memory and processes, as well as all of its software and hardware. It also allows you to communicate with the computer without knowing how to speak the computer's language.

Brainliest please?

Hope this helps

A prism is completely filled with 80 cubes that have edge length of 1/2 cm what is the volume of prism

Answers

[tex]\begin{gathered} \text{Volume of cube=a}^3 \\ \text{where 'a' represent one side of the cube} \end{gathered}[/tex][tex]\text{Edge length of cube is }\frac{1}{2}cm[/tex]

Thus,

[tex]\begin{gathered} \text{Volume of cube=(}\frac{1}{2})^3 \\ \text{Volume of cube=}\frac{1}{8}cm^3 \end{gathered}[/tex]

80 cubes will have a volume of:

[tex]80\times\frac{1}{8}=10[/tex]

Hence, the volume of the prism is 10 cubic metre

Use the model to solve for x

PLS HELPPP

Answers

Answer:

I think x is -6

Step-by-step explanation:

Side 1:

3x+1

3x-10+1=(-29)

3x-6+1=(-17)

Side 2:

2x-5

2x-10-5=(-25)

2x-6-5=(-17)

You have $73.50. You earn additional money by mowing lawns. Then you purchase a new pair of shoes for $99.99 and have $23.51 leftmuch money do you earn mowing lawns?

Answers

The question provides the following information;

Money at hand = 73.50

Money earned = x

Purchases made = 99.99

Money left over = 23.51

These sets of numbers can be put into an equation as shown below;

(73.5 + x) - 99.99 = 23.51

This equation means what you had at the beginning plus what earned from mowing lawns is a total of 73.5 + x. Subtract the cost of shoes purchased from this total and you'll now have a balance of 23.51

We can now solve for the money earned from mowing lawns as follows;

(73.5 + x) - 99.99 = 23.51

Add 99.99 to both sides of the equation (in order to isolate the 73.5 + x on the left side of the equation). You now have;

73.5 + x = 123.5

Next you subtract 73.5 from both sides of the equation (in order to isolate the x on the left hand side)

x = 50

This means the money earned from mowing lawns is $50

A witch's brew calls for I 1/4 cups of
pond water. Wendy the witch has
access to a small frog pond
with 7 1/2 cups of water in it.
How many times can she
make her special brew?

Answers

The witch can make her special brew 6 times with the amount of water present in the small frog pond.

Given that:-

Total amount of water present in the small frog pond = 7 and 1/2 cups = 15/2 cups

Amount of water the witch needs to make her special brew = 1 and 1/4 cups = 5/4 cups

We have to find the number of times Wendy the witch can make her special brew with the amount of water present in the small frog pond.

We know that,

Number of times the witch can make the brew = Total amount of water/Water needed for brew

Hence, by simple division, we can write,

Number of times the witch can make the brew = (15/2) ÷ (5/4) = (15/2)*(4/5) = 6 times.

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The area of the unshaded region is 22.5cm2 . What is the area of the rectangle?A) 11.25cm2B) 22.5cm2C) 45cm2D) 90cm2

Answers

Let's use the variable b to represent the white triangle base (which is the width of the rectangle), and the variable h to represent the white triangle height (which is the length of the rectangle).

The white triangle area is given by:

[tex]A=\frac{b\cdot h}{2}=22.5\text{ cm}^2[/tex]

The area of the rectangle is given by the product of its length and its width, so we have:

[tex]A_2=b\cdot h=2\cdot(\frac{b\cdot h}{2})=2\cdot A=2\cdot22.5=45\text{ cm}^2[/tex]

Therefore the correct option is C.

find the rate of the discount of a $12 99 novel on sale for $5.50

Answers

In order to find the rate of discount, calculate what is the associated percentage of 5.50 related to 12.99, just as follow:

(5.50/12.99)(100) = 42.34

5.50 is the 42.34% of 12.99.

Hence, the discount was 100% - 42.34% = 57.65%

Persevere with Problems Analyze how the circumference of a circle would change if the diameter was doubled. Provide an example to support your explanation.

Answers

Circumference of a circle . Girth

Circumference C= π•D

Then if D'=2D

New Circumference C'= π•2D = 2•π•D

Circumference is doubled, if diameter is doubled

EXAMPLE

Suppose D= 5 cm

Then C= π•5 = 15.70

If D'= 2•5=10 cm

Then C'= π•10= 31.415

Now divide C'/C = 31.415/15.70 = 2.00

determine the solution,if it exists,for each system of linear equation. Verify your solution on the coordinate plane. x + 3 = y 3x + 4y = 7

Answers

[tex]\begin{gathered} \begin{bmatrix}x+3=y \\ 3x+4y=7\end{bmatrix} \\ \end{gathered}[/tex][tex]\begin{gathered} x+3=y \\ x+3-3=y-3 \\ x=y-3 \end{gathered}[/tex]

then

[tex]\begin{gathered} 3\mleft(y-3\mright)+4y=7 \\ 3y-9+4y=7 \\ 7y-9=7 \\ 7y-9+9=7+9 \\ 7y=16 \\ \frac{7y}{7}=\frac{16}{7} \\ y=\frac{16}{7} \end{gathered}[/tex]

replacing in x

[tex]undefined[/tex]

Bartlett Electronics pays all sales representatives 4% commission on the first $35,000 of their individual sales and 7% commission on their individual sales in excess of $35,000. Assume that John Morgan sold merchandise valued at $73,500 during the month of November. Calculate the following amounts. (a) Commission on sales in the sales base: $ (b) Commission on additional sales: $ (c) Gross pay:

Answers

As per the given percentage,

a) Commission base in the sales base is $1400

b) Commission on additional sales is $2695

c) Gross pay is $4095.

Percentage:

Percentage is a number or ratio that can be expressed as a fraction of 100.

If we want to calculate percent of a number, divide the number by the whole and multiply by 100.

It can be represented using the symbol (%).

Given,

Bartlett Electronics pays all sales representatives 4% commission on the first $35,000 of their individual sales and 7% commission on their individual sales in excess of $35,000.

John Morgan sold merchandise valued at $73,500 during the month of November.

Here we need to find the following:

a) Commission on sales in the sales base

b) Commission on additional sales

c) Gross pay

a) Commission on sales in the sales base

So, based on the percentage the commission is,

=> 35,000 x 4/100

=> 35,000 x 0.04

=> 1400

b) Commission on additional sales

For this one, first we have to calculate the additional sales amount,

That can be calculated as,

=> 73,500 - 35,000

=> 38,500

Now, the commission is,

=> 38,500 x 7/100

=> 38,500 x 0.07

=> 2695.

c) Now the gross pay for John is,

=> 1400 + 2695

=> 4095

Therefore, the gross pay is $4095.

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which property justifies the equation 0.5 (8.4 -1.6) equals 0.5 (8.4) -0.5 (1.6)?

Answers

Given the following expression:

[tex]\text{0}.5(8.4-1.6)=0.5(8.4)-0.5(1.6)[/tex]

Remember that we have the following general rule:

[tex]a(b+c)=a\cdot b+a\cdot c[/tex]

this rule is called the distributive property, which is used on our given expression.

solve and reduce 10÷2/9

Answers

We have the following:

[tex]10\div\frac{2}{9}[/tex]

solving:

[tex]\frac{10}{\frac{2}{9}}=\frac{\frac{10}{1}}{\frac{2}{9}}=\frac{10\cdot9}{2\cdot1}=\frac{90}{2}=45[/tex]

The answer is 45

Can a triangle be formed with side lengths 13, 7, and 5? Explain.

Answers

Answer: The answer is no

Step-by-step explanation:

this is because the two short side lengths, which is 5 and 7, they have to be added together, which is 12, and 12 is smaller than 13 (the largest side)

Answer:

No, because 5 + 7 < 13

Step-by-step explanation:

[tex]3 - \frac{1}{2} = 3 + n[/tex]what is nthank you

Answers

[tex]\begin{gathered} 3-\frac{1}{2}=3+n\text{ } \\ -\frac{1}{2}=3-3+n\text{ (Subtracting 3 from both sides of the equation)} \\ -\frac{1}{2}=n\text{ (Subtracting)} \\ \text{The answer is }-\frac{1}{2} \end{gathered}[/tex]

3|x -1| > 9Group of answer choicesx> 4 or x < -2x > 4x < 4 or x > -2x > 7 or x < -5

Answers

Answer:

[tex]x\text{ > 4 or x < -2}[/tex]

Explanation:

Here, we want to get the correct x values

We have this as follows:

[tex]\begin{gathered} 3|x-1|\text{ > 9} \\ =\text{ 3(x-1) > 9} \\ 3x-3\text{ > 9} \\ 3x\text{ > 9 + 3} \\ 3x\text{ > 12} \\ x\text{ > 12/3} \\ x\text{ > 4} \\ \\ OR \\ \\ -3(x-1)\text{ > 9} \\ -3x\text{ + 3 > 9} \\ -3x\text{ > 9-3} \\ -3x\text{ > 6} \\ x\text{ < 6/-3} \\ x\text{ < -2} \end{gathered}[/tex]

Mario bought a $2,300 refrigerator on an installment plan. The installment agreement
included a $230 down payment and 18 monthly payments of $125 each. What is the
total finance charge?
O $180
O $225
O $145
O $195

Answers

$225,The term "instalment payments" describes a client paying a bill over a set period of time in incremental amounts. Start billing for nothing. A payment schedule agreed upon by the buyer and seller is known as installment payments.

What is installment payment?

The term "instalment payments" describes a client paying a bill over a set period of time in incremental amounts. Start billing for nothing. A payment schedule agreed upon by the buyer and seller is known as installment payments. Typically, it is mentioned unequivocally in a contract's or invoice's payment terms.

one of a series of regular loan, debt, or other payment installments; also, the system of monthly payments: This kind of installment payment is not subject to an additional cost.

An installment is a portion or segment of something, such as the most recent episode of your favorite TV show or the installment you pay each month toward your credit card debt.

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A triangle is graphed in this coordinate plane. what is the area of this triangle in square units A.9B.12C.18D.36

Answers

Answer

Option C is correct.

The area of the triangle = 18 square units

Explanation

The area of a triangle is given as

Area of the triangle = ½ × B × H

where

B = Base of the triangle = 6 units (From -3 t

Question 2 (2 points)Find the value of x. If needed, round your answer to the nearest tenth.50°X5Not drawn to scaleX =

Answers

Solution

Find the value of x in the triangle shown below:

Calculate the value of x

Opposite = 5

adjacet = x

[tex]tan\theta=\frac{opp}{adj}[/tex][tex]\begin{gathered} tan50=\frac{5}{x} \\ x=\frac{5}{tan50} \\ x=\frac{5}{1.19175} \\ x=4.1955 \\ x=4.2\text{ \lparen nearest tenth\rparen} \end{gathered}[/tex]

Therefore the correct value of x = 4.2

I dont want you to answer question for me, i have already answered it as shown in the picture. I want you to let me know if i have provided an answer worth full marks and if not tell me how i could improve it

Answers

Answer:

[tex]\begin{equation} \sqrt{3}-1,2 \sqrt{10} \div 5, \sqrt{14}, 3 \sqrt{2}, \sqrt{19}+1,6 \end{equation}[/tex]

Explanation:

Given the irrational numbers:

[tex]$3 \sqrt{2}, \sqrt{3}-1, \sqrt{19}+1,6$, $2 \sqrt{10} \div 5,\sqrt{14}$[/tex]

In order to arrange the numbers from the least to the greatest, we convert each number into its decimal equivalent.

[tex]\begin{gathered} 3\sqrt{2}=3\times1.414\approx4.242 \\ \sqrt{3}-1\approx1.732-1=0.732 \\ \sqrt{19}+1\approx4.3589+1=5.3589 \\ 6=6 \\ 2\sqrt{10}\div5=2(3.1623)\div5=1.2649 \\ \sqrt{14}=3.7147 \end{gathered}[/tex]

Finally, sort these numbers in ascending order..

[tex]\begin{gathered} \sqrt{3}-1\approx1.732-1=0.732 \\ 2\sqrt{10}\div5=2(3.1623)\div5=1.2649 \\ \sqrt{14}=3.7147 \\ 3\sqrt{2}=3\times1.414\approx4.242 \\ \sqrt{19}+1\approx4.3589+1=5.3589 \\ 6=6 \end{gathered}[/tex]

The given numbers in ascending order is:

[tex]\begin{equation} \sqrt{3}-1,2 \sqrt{10} \div 5, \sqrt{14}, 3 \sqrt{2}, \sqrt{19}+1,6 \end{equation}[/tex]

Note: In your solution, you can make the conversion of each irrational begin on a new line.

The number of cities in a region over time is represented by the function

Answers

For this question, in order to find T(x), we need to multiply the two given functions.

[tex]T(x)=(C\cdot P)(x)[/tex][tex]T(x)=C(x)\cdot P(x)[/tex][tex]=(2.9)(1.05)^x\cdot(1.05)^{3x+5}[/tex][tex]=(2.9)(1.05)^{x+3x+5}[/tex][tex]T(x)=2.9(1.05)^{4x+5}[/tex]

Therefore, the answer must be option A.

A bag of tokens contains 55 red, 44 green, and 55 blue tokens. What is the probability that a randomly selected token is not red? Enter your answer as a fraction.

Answers

Explanation

In the bag of tokens, we are told 55​ red, 44​ green, and 55​ blue tokens. Therefore, the total number of tokens in the bag is

[tex]55+44+55=154[/tex]

Hence to find the probability that a randomly selected token is not red becomes;

[tex]Pr(not\text{ red black})=\frac{n(green)+n(blue)}{n(tokens)}=\frac{44+55}{154}=\frac{99}{154}=\frac{9}{14}[/tex]

Answer: 9/14

Set A is the set of all whole numbers to 20. Set B is the set of all odd integers between 8 and 18. How many numbers do the two sets have in common?

Answers

ANSWER

5 numbers they have in common

EXPLANATION

Set A has all whole numbers to 20:

[tex]A\colon1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20[/tex]

Set B has only odd integer between 8 and 18:

[tex]B\colon9,11,13,15,17[/tex]

We can see that set B is inside set A, because it has whole numbers that are less than 20, so the amount of numbers they have in common is all of set B: 5 numbers.

solver for r: C=2(pie)r

Answers

We have the following equation:

[tex]C=2\pi r[/tex]

We want to rewrite it in a way 'C' is a function of 'r'. We can accomplish that, if we divide both sides by 2pi.

[tex]2\pi r=C\Rightarrow r=\frac{C}{2\pi}[/tex]

From this, we have our result.

[tex]r=\frac{C}{2\pi}[/tex]

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