HELP PLEASE Debra deposits $90,000 into an account that pays 2% interest per year, compounded annually. Dan deposits $90,000 into an account that also pays 2% per year. But it is simple interest. Find the interest Debra and Dan earn during each of the first three years. Then decide who earns more interest for each year. Assume there are no withdrawals and no additional deposits

Answers

Answer 1

Debra earns $1,872.72 in interest during the first three years.

Dan earns $1,800 in interest during each of the first three years.

How much interest do Debra and Dan earn?

Debra's Account:

Principal amount (P) = $90,000

Interest rate (R) = 2% = 0.02

Compounding period (n) = 1 (annually)

Time (t) = 1 year

Year 1:

Interest earned (I) = P * R = $90,000 * 0.02 = $1,800

Year 2:

Principal amount for the second year (P2) = P + I = $90,000 + $1,800 = $91,800

Interest earned (I2) = P2 * R = $91,800 * 0.02 = $1,836

Year 3:

Principal amount for the third year (P3) = P2 + I2 = $91,800 + $1,836 = $93,636

Interest earned (I3) = P3 * R = $93,636 * 0.02 = $1,872.72

Dan's Account:

Principal amount (P) = $90,000

Interest rate (R) = 2% = 0.02

Time (t) = 1 year

Year 1:

Interest earned (I) = P * R = $90,000 * 0.02 = $1,800

Year 2:

Interest earned (I2) = P * R = $90,000 * 0.02 = $1,800

Year 3:

Interest earned (I3) = P * R = $90,000 * 0.02 = $1,800.

Read more about interest

brainly.com/question/25793394

#SPJ1


Related Questions

Graphf (x) = 3x + 4 and a h(x) = -f(x).

Answers

Answer:

I think the answer is 56 .

John has $80. Every week, he spends $7.
Create an equation that represents how much money, m, he has after t weeks.
How much money, in dollars, will he have after the fourth week?
Enter the equation and the answer on separate lines.

Answers

John would have 52 dollars left by the fourth week.
7(dollars spent each week) x 4 ( number of weeks)=28 (spent in 4 weeks)

80 - 28 =52

can some one help me please....

step by step explanation........ ​

Answers

Answer:

There are 77 members in the group.

Step-by-step explanation:

1Rs = 100 paise ( Indian Currency Conversion )

Given,

Total amount collected is = Rs 59.29

Now convert Rs 59.29 to paise that is 59.29 × 100 = 5929 paise

Condition :- Paise collection = Total number of members

Consider any of the above condition as X

So, X² = 5929

X = √5929 = 77

Thus, Total number of members in the group is 77 [ Option C ]

Hope this helps you.

Help plssssssssssssss?

Answers

Answer:

2

Step-by-step explanation:

because when x, the input, is -3, the y, the output, is 3

The simple interest earned for certain amount for 3 years at 5% is AED. 450. The amount invested is ________.

I need the steps also

Answers

Answer:

AED 3000

Step-by-step explanation:

Let the invested amount is x

Interest rate is r = 5% simple = 0.05 timesTime is t =  3 yearsInterest amount I = AED. 450

Using the interest formula and solving for x:

P*r*t = Ix*0.05*3 = 4500.15x = 450x = 450/0.15x = 3000

The amount invested is AED 3000

Any help is greatly appreciated but please show how to get answers

Answers

We first calculate the front and back which are 2 congruent(equal) triangles. The 2 areas together is...

9*6/2*2=54

Now we want to calculate the 2 rectangles at the top right and top left of the shape they are also congruent(equal). The 2 areas together is...

7*5*2=70

The last part is the rectangle on the bottom with area...

9*5=45

Now we just need to add them all together...

54+70+45=124+45=169

I hope this helped you, if you have any questions about this solution just ask me in the comments :)

Answer:

223cm

Step-by-step explanation:

First you want to figure out how many faces the 3D shape has.

This has 5 faces.

Then you find the area of each face.

The front face has an area of 54cm because the length is 6cm and the width is 9cm.

Area = Length x Width

The back face will always have the same area as the front.

54cm + 54cm = 108cm (Front and Back Face)

Now the right side and left side.

The width of the side is 5cm and length is 7cm.

7cm • 5cm = 35cm

Just like the front and back, the right and left side will have the same area.

35cm + 35cm = 70cm

Now the last part.

There is no top face since this is a 3D triangle and not a square and rectangle etc.

So, you don't add it two times like the others.

The bottom's width is 5cm and the length is 9cm

5cm • 9cm = 45cm

Now you add all of it up together to find the surface area.

108cm + 70cm + 45cm = 223cm

Hope this helps dude

Graph the following features:
• Slope = 2
Y-intercept = -5

Answers

y = mx + b

y = 2x - 5

you can go to desmos calculator online and simply put in the equation. but what you're going to do is find -5 on the y axis. then you will go up 2 and then 1 to the right.

it should look like this:

hope this helps !!

The equation is y=2x-5

HELP WILL GIVE BRAINLY!

Answers

Answer:

The second one

Step-by-step explanation:

on the f axis you can see that f is greater than or equal to 1 and less than or equal to 5.

What is the sum of the rational expressions below? 2x + 7 / x + 5 + x - 3 / x + 5

Answers

Answer:

[tex]\frac{3x+4}{x+5}[/tex]

Step-by-step explanation:

Given

[tex]\frac{2x+7}{x+5}[/tex] + [tex]\frac{x-3}{x+5}[/tex]

Since both fractions have a common denominator then add the numerators, placed over the common denominator.

= [tex]\frac{2x+7+x-3}{x+5}[/tex]

= [tex]\frac{3x+4}{x+5}[/tex]

Answer:

The answer is

[tex] \frac{3x + 4}{x + 5} [/tex]

Step-by-step explanation:

We can do this by using the denominators.

[tex]then \\ \frac{2x + 7}{x + 5} + \frac{x - 3}{x + 5} \\ = \frac{2x + 7 + x - 3}{x + 5} \\ = \frac{3x + 4}{x + 5} [/tex]

please please help! i just answered a few questions just to post this im using all my points.

Answers

Answer:

Step-by-step explanation:

∠RST=180-44-15

         =121°

In ΔRST and ΔLMN,

∠RST=∠LMN (proven)

∠TRS=∠NLM (given)

∴ΔRST ~ ΔLMN (AA)

Answer:

Yes

Step-by-step explanation:

If all the angles in the triangles are the same, then the triangles are similar.

ΔSRT: The angles in a triangle add up to 180. 44+15+x=180, x=121

ΔLMN: The angles in a triangle add up to 180. 44+121+x=180, x=15

Both triangles share the same angles (44,15 and 121), so they are similar.

Help pls!!! Photo attached.

Answers

Answer:

i hope this helps

Step-by-step explanation:

Can someone just please help me I beg you

Answers

Answer:

8 by 6986 = quotient  873 remainder 2

M= 800x8 =6400

N= 560/8=70

P= 26/8 =3

Q=3x8=24

R=26-24=2

I need brainliest so I can rank up

Step-by-step explanation:

yes good haware you good

What is the justification for step 2? 4(x-5)= -12 Justification Step 1: 4x-20=-12 Distributive Property Step 2 4x= 8 ? Step 3 x=2 Division Property of Equality

Answers

Answer:

addition property of equality

Step-by-step explanation:

Given the equation 4(x-5) = -12

Expand

4x - 20 = -12

Add 20 to both sides (addition property of equality)

4x-20+20 = -12+20

4x = 8

x = 8/4

x = 2

Hence the value of x is 2

The justification for step 2 is addition property of equality

Perform the indicated row operation:

2 −1 −4 7
−1 2 1 −1
0 10 8 2
equation
2 −1 −4 7

0 10 8 2

Answers

Answer:

-1,2,1,-1

3,4,5,5

The other answer is for the question after this one on the edge assignment

Answer:

1ST ANSWER

0 10 8 2

2ND ANSWER

0 3 -2 5

Got it right on edg

HELP! THIS IS DUE IN LESS THAN 20 MINUTES! PLEASE!!! I'M ALREADY BEHIND AND THIS WILL SET ME BACK EVEN MORE!!!

Answers

Answer: For 7 this is how to graph it

How do i identify the minimum

Answers

Answer:

to identify the minimum of the table try looking at the negative numbers first and then look at the positive numbers

If 2 feet is equal to 60.96 centimeters how many centimeters are in 12 feet PLEASE HELP

Answers

Answer:

365.76

Step-by-step explanation:

If 2 feet is 60.96, then 1 foot is 30.48.

30.48 times 12 = 365.76

365.76 centimeters is the answer.

Hope this helps!

Plz, mark brainliest!

Answer:

365.76 cm in 12 feet

Step-by-step explanation:

Start by setting up two fractions which are equal to one another. We will use x as the unknown amount, which is the number of centimeters in 12 feet here.(see attached picture for a visual)

Now we can cross multiply, which gives us 12*60.96=2*x

Now, solving for x we divide 12*60.96=731.52 by 2, which gives us x=365.76 centimeters in 12 feet.

Stu is buying a &35 tool. The store reduces the price by 5%. How much will Stu pay for the tool?

Answers

Correct question is:

stu is buying a $35 tool. The store reduces the price by 5% and then applies an $8 off coupon. How much will Stu pay for the tool

Answer:

$25.25

Step-by-step explanation:

The cost of the tool has been given as $35.

The price of this tool is then reduced by 5%.

When we apply this reduction to initial price

= 35 * 5%

= 35x0.05

= $33.25

If a coupon of 8 dollars is applied

The price to be paid for the tool will be

$33.25 - $8.00

= $25.25

Stu is going to pay $25.25 for the tool

There are 56 female performers in a dance recital. The ratio of men to women is 3:8. How many men are in the dance recital?

Answers

There are 21 men at the dance recital

Answer:

56%8=7     so then u do this  (3 is the ratio of men) 3X7=21 and thats how u do it :D

Step-by-step explanation:

uhh i don't have one lol

Calculate the slope of the graph

Answers

U need to calculate right and bottom squares. Like 1/2

What is the product of these two binomials?
(x^2 - 5)(2x - 1)

Answers

Step-by-step explanation:

Please refer to the attachment



whats 3squared correct to 5 decimal places​

Answers

Answer:

9.0000

Step-by-step explanation:

3 squared = 3*3 = 9

9 to 5 decimal places = 9.0000

pls mark as brainliest

Please help me on this I need help and nobody is really helping

Answers

I believe the answer is (0,0)

Answer:

(0,0)

Step-by-step explanation:

That is the middle.

PLEASE HELP ASAP!!!
(Question in picture! Please include steps :))

Answers

Answer:

90 degree - 60 degree = 30 degree always remember yn will be 90 degree

Answer:

MN = π

Step-by-step explanation:

The arc MN is calculated as

MN = circumference of circle × fraction of circle

      = 2πr × [tex]\frac{60}{360}[/tex] ( r is the radius )

      = 2π × 3 × [tex]\frac{1}{6}[/tex]

     = 6π × [tex]\frac{1}{6}[/tex]

     = π

find the value of z

Answers

Answer:

[tex] z = 12 \sqrt{5} [/tex]

Step-by-step explanation:

By geometric mean property:

[tex]y = \sqrt{24 \times 6} \\ \\ y = \sqrt{144} \\ \\ y = 12 [/tex]

By Pythagoras Theorem:

[tex] z = \sqrt{ {12}^{2} + {24}^{2} } \\ \\ z = \sqrt{144 + 576} \\ \\ z = \sqrt{720} \\ \\ z = 12 \sqrt{5} [/tex]

what this answer
954328- 864597

Answers

Answer:

Answer is 89,731

Step-by-step explanation:

I hope it's helpful!

Answer:

89731

Step-by-step explanation:

954328 - 864597

= 89731

Hope this helps :)

Let me know if there is any mistake!!

The school production of​ 'Our Town' was a big success. For opening​ night, 391 tickets were sold. Students paid ​$4.00 ​each, while​ non-students paid ​$6.00 each. If a total of $1786 was​ collected, how many students and how many​ non-students attended?

Answers

Answer:

280 students

111 non students

Step-by-step explanation:

number of students (S)

number of non students (N)

S+N=391     S=391-N

4S+6N=1786

substitute S

4(391-N)+6N=1786

1564-4N+6N=1786

subtract 1564 from each side

2N=222

N=111

S=391-111=280

Three salesmen work for the same company, selling the same product. And, although they are all paid on a weekly basis, each salesman earns his paycheck differently.

Salesman A works strictly on commission. He earns $65 per sale, with a maximum weekly commission of $1,300.


100 POINTS
Salesman B earns a weekly base salary of $300, plus a commission of $40 per sale. There are no limits on the amount of commission he can earn.

Salesman C does not earn any commission. His weekly salary is $900.
The weekly paycheck amount for each salesman, p, is a function of the number of sales, s, they had in that week.

Answers

Answer:

Equations for each salesman:

A. p(s) = 65sB. p(s) = 40s + 300C. p(s) = 900

When s = 0, s= 1, s = 10 each of the gets paid:

A. p(0) = 0, p(1) = 65, p(10) = 650B. p(0) = 300, p(1) = 340, p(10) = 700C. p(0) = p(1) = p(10) = 900

The above numbers as ordered pairs:

                 A                B               C          s = 0  |    (0, 0)       | (0, 300)    | (0, 900)s = 1   |    (1, 65)      | (1, 340)     | (1, 900)s = 10 |    (10, 650) | (10, 700)   | (10, 900)

i really need help ASAP, its due on midnight

Answers

Answer:

a. s=94 b. s=8w+54 c. w=14

Step-by-step explanation:

I posted a picture how I got this answer

Hope this helped

The circumference of a circle is 31.4 inches. Enter the radius of the circle, in inches. Round your answer to the nearest whole number.

Answers

Answer:

Should be 5 in.

Step-by-step explanation:

C=2*Pi*R

31.4=2*3.14*R

substitute 5 for radius= 2*5=10

10*3.14=31.4

Other Questions
people usually make a clean break after breaking up, especially if they were in a long-term relationship and had a shared social network.T/F In a Harris survey, adults were asked how often they typically travel on commercial flights, and it was found that P(N) = 0.33, where N denotes a response of "never." What does the following expression represent and what is its value? P(N) fitb. when psychologists make judgments about prisoners, mental hospital patients, or children in terms of their mental health, they are making ______ judgments. miryam and louis, both in 10th grade, are in a relationship. which of the following terms are they least likely to use to refer to their arrangement?Which of the following terms are they least likely to use to refer to their arrangement? a. going with each other b. dating each other c. seeing each other This story "rock" uses first person narrative. Explain how the narrative influences our perception of the events in the story, and how this contributes to the story's meaning determine whether the statement below is true or false. justify the answer. the vector is in rn v . v = v2 Set up an integral for the volume of the solid obtained by rotating the region bounded by the given curves about the specified line. Then use your calculator to evaluate the integral correct to five decimal places.y = ex2, y = 0, x = 4, x = 4(a) About the x-axis(b) About y = 12. Find the volume V of the described solid S.The base of S is the region enclosed by the parabola y = 4 2x2 and the xaxis. Cross-sections perpendicular to the yaxis are squares. how much h2 would be produced by the complete reaction of the iron bar? Which of the following sentences is in the near future (future proche)?A. Elle va a la danseB. Je vais manger bientotC. Je vais au cinemaD. Nous allons au match de foot panels that use sunlight to heat up air or water and transfer it to your forced air heating or residential water heater O photovoltaic cells O concentrated thermal energy conversion O passive solar heating O active solar heating find the length of the curve. r(t) = 5t, 3 cos(t), 3 sin(t) , 5 t 5 The following questions relate to the Bayesian extensive- form game given on the next page. (a) Convert this game into Bayesian normal form. (b) Find a pure-strategy Bayesian Nash equilibrium of this game. what social distinction classifies people according to descent? 11. Calculate the molarity of a H2SO4 solution when 32. 22 mL of a standard 0. 1012 M NaOH solution was used to titrate a 25. 00 mL sample of the H2SO4 solution andrea filed for financial aid this year before starting college and received enough money to cover her tuition for her freshman year. when should andrea file for financial aid again? Maizie, a charge nurse in a large hospital, is frustrated with a phone call. She is thumbing through Joe's file, looking for a patient consent signature before she can answer questions from Joe's secretary, "How is Joe?" What health issue is relevant to Maizie's predicament?A. TraditionalB. HMOC PPOD. COBRAE. HIPAA Music lacking any literary or pictorial association is called: A solute is most likely to be highly soluble in a solvent if the solute is and the solvent is (a) ionic or polar, polar (e) ionic or polar, non-polar (b) non-polar, ionic (d) non-polar, pola What would be the effect of decreasing the pressure on this system when it isin equilibrium?2H2 +022H0A. The system would remain in equilibrium.B. H and O would react to produce HO more quickly.C. All of the molecules would react more slowly.D. HO would react to produce H and O more quickly. a ____ language feature allows users to type commands or requests in normal text phrases. group of answer choices normal natural standard basal