Mia wants to borrow £6000 and repay it, with interest, after two years. she sees two offers for loans: offer 1 compound interest 3% per year offfer 2 compound interest first year 1% second year 3% mia says, iwill payback the same amount because the average of 1% and 5% is 3% is she correct?

Answers

Answer 1

Answer:

she is wrong, offer 2 results in lower interests

Step-by-step explanation:

total amount paid if offer 1 is accepted:

$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40

she will pay $365.40 in interests

total amount paid if offer 2 is accepted:

($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363

she will pay $363 in interests

Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40


Related Questions

write 3/4 as a decimal. Use method 1

Answers

Answer:

0.75

Step-by-step explanation:

did I get this answer right?

Answers

Answer:

Yes

Step-by-step explanation:

Yes

Answer:

No, the answer is suppose to be 9.

Step-by-step explanation:

if you did 54 divided by 18 you would get 3. so if you do 54 divided by 3 you would get 18. then if you do 27 divided by 3 it would equal 9.

so therefore your answer will be 9.

please mark as brainly.

what is 2 divided by 6

Answers

Answer:

2.333 repeating

Step-by-step explanation:

you divide 2 by 6 (srry i neede more characters)

you can do the repeat symbol by placing a slash over top of the 3rd 3

Point C is located at (1, 2), and point D is located at (-4,-2). Find the point that is the distance from point C
to point D. (1 point)
a. (-0.25, 1)
b. (-1.5,0)
c. (-0.5, 1.5)
d. (0.25, 2.25)

Answers

Answer:

The answer would be c

Step-by-step explanation:

i choosed c because u have da negative sign in front of 4 and 2 and positive numbers with 1 and 2

Answer:

b

Step-by-step explanation:

I think this means to find the mid-point(?) of the line which by doing that you take both x-values and you add them and then divide by two, and then you take both y-values and add them and then divide by two. So you have: (1+-4)=-3, (-3/2)=-1.5

-1.5=x

(2+-2)=0, (0/2)=0

0=y

(-1.5, 0)

Order the numbers from least to greatest.
54%, 2/5, -0.45

SHOW YOUR WORK!

Answers

Answer:

-0.45, 2/5, 54%

Step-by-step explanation:

54%=54/100

=87/50

2/5=20/50

-0.45 must be the smallest as it is negative

im board !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

same

Step-by-step explanation:

Answer:

same

Step-by-step explanation: same free coins ;)

Please help me find the y-intercept! :(

At midnight there were 5 inches of snow on the ground. Since then, snow has been falling at the rate of ½ inch per hour. Identify the y-intercept.

Answers

5 inches

Explanation: y = Mx + b, m is your slope (1/2), b is your y-intercept (5 inches)

Equation would be y= (1/2)x + 5

if f(x)= -3x2 -5x, what is the value of f(-3)? (the 2 is to the second power )

Answers

Answer:

-12

Step-by-step explanation:

-3x^2-5x  x is -3

-3(-3)^2-5(-3)

-27+15

How can 14 x 50 help you find 14 x 49?

Answers

Answer/Explanation:

It might not help you figure out the exact answer, but it definitely helps you estimate. By knowing that 14x50=700, you can guess that 14x49 equals something close to 700.

Hope this helps! Have an amazing day ❤

It can help because 14x 50 equals 700 and if you subtract 14 from 700 you will get 686 which is the product of 14 X 49 :)

need a quick answer please

Answers

The answer is 14
I got it right for my test
Explanation
Bababoey
The answer is 14 I just did this on my test like 1 hour ago

A cheetah's speed was timed overa
100-yard distance. The cheetah was
(PLEASE HELP ME)clocked running 70 miles per hour. Which
equation shows the relationship between
the distance, y, and time, x, the cheetah
runs?

Answers

Answer:

y = 70x

Step-by-step explanation:

Note that d = rt where d is the distance, r is the rate/speed, and t is the time. Since we are given that the variable x is the time, 70mph is the speed, and the variable y is the distance, we can substitute these into d = rt, which we get y = 70x.

I hope this helps! :)

In △RST, TR ≅ ST, m∠T=142∘. Find m∠S.

Answers

Answer:

m∠S = 142°

Step-by-step explanation:

If TR ≅ ST, then...

T≅S

R≅T

Answer:

19

Step-by-step explanation:

Find the missing quantity in the double number line.

Answers

This might help u
Gl

The missing quantity is 100 books in the double number line.

What is the proportion?

A mathematical assessment of two numbers is called a proportion. If two sets of provided numbers rise or fall in the same relation, then the ratios are said to be directly proportional to each other. Proportions are represented by the symbols "::" or "=".

Let the missing quantity be x in the double number line.

According to the given condition, we can write the proportion would be as:

40 books : 2 boxes = x books : 5 boxes

⇒ 40 / 2 = x / 5

Apply the cross-multiplication operation,

⇒ 40 × 5 = 2x

⇒ 2x = 200

⇒ x = 200/2

⇒ x = 100

Therefore, the missing quantity is 100 books in the double number line.

Learn more about the proportion here:

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A spinner has five sections ( a,b,c,d,e,) the spinner is spun 84 times what is the experimental property landing on a round to the nearest percent

Answers

Answer:

17%

Step-by-step explanation:

quick!! write an equation in slope intercept form using points (-3,0) (3,-4) !

Answers

Answer:

i dunno but the slope is -4/6

Step-by-step explanation:

y=-2/3x -2 this is the slips intercept form
You do y1-y2/x2-x1 and then find the rest using y=mx+b

Jane is studying the weather in Alaska. She has recorded the temperature for four days in January, in degrees Fahrenheit, as shown in the table.

Answers

I have attached an image of the complete question.

Answer:

Options A & F are correct

Step-by-step explanation:

From the image attached, we have the following recorded temperature for 4 days in January.

Monday: -5° F

Tuesday: -1° F

Wednesday: 3° F

Thursday: 5° F

Option A is correct because the temperature on Monday and Tuesday is negative and thus below zero.

Option B is not correct because the temperature on Monday and Thursday are not the same since they are -5° F and 5° F respectively

Option C is not correct because the temperature on all days was not above zero since on Monday and Tuesday had negative temperatures

Option D is not correct because the lowest temperature below zero is on Monday and not Thursday

Option E is not correct because the temperature on Wednesday and Thursday are positive and not below zero.

Option F is correct because Monday had a temperature of -5° F which is the lowest gotten below zero

The temperature on Monday and Tuesday is negative and thus below zero.

The temperature on Monday had a temperature -5F which is the lowest value below zero.

Given,

Jane recorded temperature for 4 days in January.

Monday: -5° F

Tuesday: -1° F

 Wednesday: 3° F

 Thursday: 5° F

According to the question,

Compare the temperature from the given value of the temperature.

This statement is the correct because the temperature on Monday and Tuesday is negative and thus below zero.

This statement is not correct because the temperature on Monday and Thursday are not the same since they are -5° F and 5° F respectively.

This statement is not correct because the temperature on all days was not above zero since on Monday and Tuesday had negative temperatures.

This statement is not correct because the lowest temperature below zero is on Monday and not Thursday

This statement is not correct because the temperature on Wednesday and Thursday are positive and not below zero.

This statement is correct. because the temperature on Monday had a temperature -5F which is the lowest value below zero.

For more information about  statement comparison click the link given below.

https://brainly.com/question/15565807

What is the approximate area of the circle shown below?
OA. 30 cm2
OB. 39 cm2
DC. 121 cm2
OD. 19.5 cm2

Please help ASAP!

Answers

Answer:

C. 121cm2

Step-by-step explanation:

The area of a circle is pir^2.

Let pi be rounded to 3.14 and r = 6.2cm

6.2^2*3.14 = 120.76, which rounds to 121cm2

Answer:

C)  21 cm²

Step-by-step explanation:

area of a circle = π r²

                         = π (6.2)²

                         ≈ 21 cm²

asal and jovana call a taxi.the taxi driver charges $1.00 flag fall when they get in the car. the charge is then $2.00 for each kilometer they travel. they have $23 between them. how far can they travel.​

Answers

They have 23$ and 1$ is needed for when they get in the car. That leaves 22$. It’s 2$ per kilometer so 22/2 is 11.
They can travel 11 kilometers

Suman sells a house and receives Rs. 14,25,000 after giving 5%
commission. What is the price of his house?

Answers

Step-by-step explanation:

selling p= X(let)

commission=5%

here commission amount= X*5/100

On average, Cody runs 5 miles in 48
minutes. How fast should he plan to
run a 10 miles race if he maintains this
pace?

Answers

Answer:

6.25 Miles per hour speed

Veronica is buying a new pair of Hollister jeans for $50.00. They are on sale for 25% off.
a. What is the sale price of the jeans?
b. If the sales tax is 6%, how much wil Veronica pay for the jeans after the discount and
taxes?

Answers

Answer:

a- $37.50

b- $39.75

Step-by-step explanation:

Hope this helped!

Answer:

a) 37.5

b) 39.75

Step-by-step explanation:

a) 50 (price of jeans) x 0.75 (amount after redution sale 100% - 25%) = 37.5

b) 37.5 (price of jeans after sale) x 1.06 (total price x 6%) = 39.75

What is the value of the expression

1/2 (m-4) • n

A 1/2
B 1
C 2
D 7/2

Answers

Answer:

b. 1

Step-by-step explanation:

you lised m = 12 and n = 1/4 so...

1/2(12-4) x 1/4

4 x 1/4 = 4/4 = 1

Help ASAP I will give u a lot of points

Answers

The answer is D because the lines were curving at the bottom of the triangle

Write the following in standard form:
2x*3x^2

Answers

Answer

1296

Step-by-step explanation:

The explanation is 2x is written as 2*2 = 4

then 3x is written as 3*3 = 9  so

so you do 4*9 = 36 * 2 = 1296

Answer:

The answer to your problem is: 6x³

In ΔMNO, m = 89 inches, n = 30 inches and o=71 inches. Find the measure of ∠M to the nearest degree.

Answers

Answer:118

Step-by-step explanation:

Trust me

In triangle MNO, m = 89 inches, n = 30 inches and o=71 inches then the measure of ∠M is 118.7 degrees

What is Trigonometry?

Trigonometry is a branch of mathematics that studies relationships between side lengths and angles of triangles.

To find the measure of angle ∠M, we need to use the law of cosines, which states that:

c² = a² + b² - 2ab cos(C)

To find ∠M, which is opposite to side m, so we can use the law of cosines as follows:

m²= n² + o² - 2no cos(∠M)

Substituting the given values, we get:

89² = 30² + 71² - 2(30)(71) cos(∠M)

Simplifying and solving for cos(∠M), we get:

cos(∠M) = (30²+ 71² - 89²) / (2(30)(71))

cos(∠M) = -0.4402

To find the measure of ∠M, we need to take the arccosine of cos(∠M) using a calculator:

∠M = 118.7 degrees

Hence, in ΔMNO, m = 89 inches, n = 30 inches and o=71 inches then the measure of ∠M is 118.7 degrees

To learn more on trigonometry click:

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plz help in to cool bro

Answers

Lolololololololollololololilol

The mean mass of 5 boys is 62 kg. When the mass of a boy is excluded, the mean mass of the remaining 4 boys becomes 64 kg. Find the mass of the boy that has been excluded

Answers

Answer:

54 kg

Step-by-step explanation:

x - regular boy

y - special boy who's weight we're counting

The mean mass of 5 boys:

(4x+y)÷5=62

The mean mass of 4 boys:

4x÷4=64

x=64kg

the mass of y boy:

(4×64+y)÷5=62

(256+y)÷5=62 |×5

256+y=310

y=310-256

y=54

If x=−1 and y=−3, then 5(x2−7+y)=

Answers

Answer:

-60

Step-by-step explanation:

5(-1 times 2 -7 -3) = 60

The value of [tex]5(x^2-7+y)[/tex] at [tex]x=-1,y=-3[/tex] is [tex]-45[/tex].

Important information:

The given expression is [tex]5(x^2-7+y)[/tex].The given values are [tex]x=-1,y=-3[/tex].Value of expression:

Substitute [tex]x=-1,y=-3[/tex] in the given expression.

[tex]5((-1)^2-7+(-3))=5(1-7-3)[/tex]

[tex]5((-1)^2-7+(-3))=5(-9)[/tex]

[tex]5((-1)^2-7+(-3))=-45[/tex]

Therefore, the value of [tex]5(x^2-7+y)[/tex] at [tex]x=-1,y=-3[/tex] is [tex]-45[/tex].

Find out more about 'Value of expression' here:

https://brainly.com/question/556937

If the domain of the function y =2x + a
is the set of all real numbers except x = 5, find the value of a.​

Answers

Answer:

a=-10

Step-by-step explanation:

y=2x+a ,at x=5

y=2(5)+a

y=10+a

where y=0

10+a=0

a= -10

Find the area of the trapezoid. Please help!

Answers

Answer:

Area = 1/2 (a + b )h

area = 1/2 ( 22.2 + 8.52 ) 9.86

area = 1/2 ( 30.72) 9.86

area = 1 x 30.72 x 9.86 ÷ 2

area = 151. 4496cm²

Answer:

The area of the trapezoid is 151.45cm sq

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