Kaitlyn anI Jamie Watson opened a savings account with a $2,000 deposit on January 1. The account pays interest at 6% compounded semiannually. On July 1, they deposited another $2,000. What is the amount of (a) their account on July 1, (b) the account one year later on January 1, and (c) the compound interest?

Answers

Answer 1

Answer:

Step-by-step explanation:

a) The amount of their account on July 1 can be found by calculating the balance of the account at the end of the first six months and then adding the second $2,000 deposit:

balance at end of first 6 months = $2,000 * (1 + 0.06/2)^2 = $2,060.60

total balance on July 1 = $2,060.60 + $2,000 = $4,060.60

b) The balance of the account one year later on January 1 can be found by calculating the balance at the end of the second six months and adding it to the balance at the end of the first six months:

balance at end of second 6 months = $2,060.60 * (1 + 0.06/2)^2 = $2,123.36

total balance on January 1 = $2,123.36 + $2,060.60 = $4,183.96

c) The compound interest can be found by subtracting the initial deposit from the balance one year later:

compound interest = $4,183.96 - $2,000 = $2,183.96


Related Questions

Part F: Order the integers from least to greatest. 12, -6, 20, -47, -11

Answers

The integers are -47, -11, -6, 12, 20 in order of least to greatest.

Explain about the integers?

A whole number that can be positive, negative, or zero is called an integer. It is not a fraction. -5, 1, 5, 8, 97, and 3, 043 are some examples of integers. 1.43, 1 3/4, 3.14, and other numbers are examples of non-integer numbers.

Positive numbers, negative numbers, and zero make up integers. Thus, integers include 0 through 3, as well as -1, -2, and -3. No further parts, such as fractions or decimals, are allowed in integers. Therefore, fractional and decimal numbers like 3 1/2 and -7.5 are NOT integers.

Integer is derived from the Latin integer, which means whole or untouched, from the prefix in (for "not") with tangere ("to touch"). The words "entire" and "integer" are both derived from the same root, which is the French word entire.

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(-20, 12)
(17, 2)
(-11, 8)
(17, 8)
(11, 2)
Is this relation a function?

Answers

Answer:

No because x-coordinate 17 appears twice.

Step-by-step explanation:

In a function, no two ordered pairs can have the same x-coordinate.

Here, points (17, 2) and (17, 8) have 17 as the x-coordinate. Since the same x-coordinate, 17, is used more than once, this relation is not a function.

Does 0.010110111011110... represent a
rational number or an irrational number?
Explain your reasoning.

Answers

Answer:

This is an irrational number.

Step-by-step explanation:

If you see the decimal, it has the values of 1 and 0, but are not constant.

If it were to be 0.010101010... it would be rational.

But this decimal does not look like that, so its irrational.

Hope this helps.

Irrational because the number never terminates (stops)


Tires A mechanic checked the tire pressures on each car that he worked on
for one week. The random variable x represents the number of tires that
were underinflated.
0
P(x) 0.30
1
2
0.25 0.25
3
0.15
4
0.05

Answers

The expected value for the given problem is E(x) = 1.4.

What is expected value?

The expected value is a generalization of the weighted average in probability theory. Informally, the expected value is the arithmetic mean of a significant number of outcomes of a random variable that were independently chosen.

A projected average value for an investment at some point in the future is known as the expected value (EV).

Investors use expected value to gauge an investment's merit, frequently in relation to how risky the investment is.

The formula for to find the expected value is given as,

E ( X ) = μ = ∑ x P ( x ) .

E(x) =  0*0.30 + 1*0.25 + 2*0.25 + 3*0.15 + 4*0.05

E(x) = 1.4

Hence, the expected value for the given problem is E(x) = 1.4.

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It's a mean and median frequency table
Pls answer

Answers

a) The mode is 2.

b) 32 Students were there altogether.

c) 15 dinners were served during the week.

d)The mean number of dinners is 2.5.

What is mode?

This refers to the value that appears most often in a set of data values.

What is mean?

This refers to the average of the given set of numbers. It is calculated by dividing the sum of given numbers by the total number of numbers.

Given in the question:

a)The number of school dinners 2 has a frequency of 12.

Hence, the mode is 2.

b) To calculate the number of students altogether, we add then frequencies

Total number of students = 0 + 8+ 12 + 6+ 4 + 2

Total number of students = 32

c) To get the number of dinners served during the week, we add the number of dinners together.

Number of  dinners served during the week= 0 + 1 + 2 + 3 + 4 + 5

Number of  dinners served during the week = 15

D) The mean number of dinners =

1+1+1+1+1+1+1+1+2+2+2+2+2+2+2+2+2+2+2+2+3+3+3+3+3+3+4+4+4+4+5+5

                                                32

The mean number of dinners = 80

                                                    32

The mean number of dinners = 2.5

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f(x) = x²+x-6
g(x) = 4x +9
Find: g(f(x))

Answers

The value of the function g(f(x))=4x²+4x-15 if f(x) = x²+x-6

g(x) = 4x +9.

What is meant by a function?

An exact one of each element of Y is assigned to each element of X via a mathematical function from a set X to a set Y. The sets X and Y are denoted by the terms "domain" and "codomain," respectively.

The fundamental concept of functions was the connection between fluctuating quantities and other variables. One illustration of this is the impact of time on a planet's position. Beginning at the end of the 17th century and continuing until the 19th century, the concept was developed using the infinitesimal calculus.

Given,

f(x) = x²+x-6

g(x) = 4x +9

f(g(x))=f(4x+9)

g(f(x))=4(x²+x-6)+9

g(f(x))=4x²+4x-24+9

g(f(x))=4x²+4x-15

Therefore, the value of the function g(f(x))=4x²+4x-15 if f(x) = x²+x-6

g(x) = 4x +9.

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There were two candidate A and B conteting for the municipal corporation election in a town. The total number of voter in the town were 80,000. If 90% of the voter had voted and 60% of vote polled were cat in favour of A, find the number of vote received by B

Answers

There were two candidate A and B contesting for the municipal corporation election in a town. The total number of voter in the town were 80,000. If 90% of the voter had voted and 60% of vote polled were cat in favour of A, 28,800 the number of vote received by B.

What is municipal corporation election?

A state-incorporated city, town, village, or county that has the power to manage local governmental matters, such as creating a police force. A municipal corporation is established by a state's legislature, which also determines its lifespan, privileges, and powers. likewise known as a municipality.

A local governing body, such as cities, counties, towns, townships, charter townships, villages, and boroughs, is referred to legally as a "municipal corporation." Municipally-owned companies can also be referred to as this

Regulation of building construction and land usage. Town planning is included in urban planning. preparing for social and economic progress. water supply for residential, commercial, and industrial uses.

Given that,

Total number voters = 80,000

Total number of votes polled = 90%

Thus,

= (90/100) × 80,000

= 72,000

So, total percent of votes received by B if A gets 60% of polled votes.

= 100% - 60%

= 40%

Hence, total number of votes received by B

= (40/100) × 72,000

= 28,800

Therefore, the number of votes received by B, out of total votes polled is 28,800 votes.

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Write a linear function f with the values.

Answers

The equation of the line is  f(X)=(-1/6)x—(19/6)

What is equation?

In arithmetic, an equation could be a formula that expresses the equality of 2 expressions, by connecting them with the sign =.

Main body:

first linear functions have their general form as y= mx + c, where y belongs to the range and X belongs to the domain, m is the slope, and c is the y-intercept.

So using f(x) =y

Given that f(—5)=-4 , X=—5 and y=-4, hence by substituting into the general eqn y= mx+c, You get

-4= -5m+c ------(1)

Also given that f(1)=—3, X=1 and y=—3, hence by substituting into the general eqn y= mx+c, You get

-3= m+c --—-(2)

Solve equation (1) and (2), simultaneously to find the value of m and c. After which you will substitute into y=mx+c or f(X)=mx+c to get your f(X).

Note: you will get m=—1/6 and c=-19/6, from the simultaneous equations.

Hence f(X)=(-1/6)x—(19/6) and correct option is D.

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Make a frequency distribution and find the relative frequencies for the following number set. Round the relative
frequency to the nearest tenth of a percent.
10 20 40 50 60 80
10 20 40 60 60 80
20 30 50 60 70 90
20 30 50 60 80 90
Number Frequency Relative Frequency

Answers

The relative frequencies for the following number set is 10 30 40 50 60 70 10 30 40 60 60 80 20 30 50 60 70 90 20 30 50 60 70 90

How do you find the relative frequency in a frequency distribution?

Divide the frequency by the total number of data values to obtain the relative frequency. Add all of the earlier relative frequencies to the relative frequency for the current row to obtain the cumulative relative frequency. Divide the total number of occurrences of the result you're interested in by the total number of occurrences if your data are observational. This may be expressed mathematically as relative frequency = frequency of the desired result / all occurrences.

There are 24 items.

Relative Frequency:

10 - (2) - 8.33%

20 - (1) - 4.17%

30 - (4) - 16.67%

40 - (2) - 8.33%

50 - (3) - 12.5%

60 - (5) - 20.83%

70 - (3) - 12.5%

80 - (1) - 4.17%

90 - (2) - 8.33%

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Sonny has 2x + 3 dollars. Allan has 6x + 4 dollars. How much money did Sonny have if they both had $407 all together?

Answers

Answer:

$103

Step-by-step explanation:

In order to determine how much money Sonny has, we need to write a mathematical equation to solve for x. We know how much money Sonny and Allan each have in terms of x, and we can add the two expressions together to equal a total amount of $407. This will be represented and simplified as follows:

2x + 3 + 6x + 4 = 4078x + 7 = 407

Now we can solve the equation for x.

8x = 400x = 50

We know that x is equal to 50, so we can plug it back into Sonny's expression to find out how much money she has.

2(50) + 3 = 100 + 3 = 103Sonny has $103.

We can check our work by solving for the amount of money Allan has and then adding up the two amounts to make sure the total is $407.

6(50) + 4 = 300 + 4 = 304CHECK: $103 + $304 = $407

For which situation does one quantity change at a constant rate per unit interval relative to another quantity?

Responses

For every day that passes, a person drives 54 miles.
.
For every month that passes, a savings account earns interest at a rate of 1.5%


For every week that passes, a vine doubles in length 2 times a week.

.

For every year that passes, a population of insects increases by 6%

Answers

Answer:

  (a)  For every day that passes, a person drives 54 miles

Step-by-step explanation:

You want to know the situation in which one quantity changes relative to another at a constant rate.

Driving

The rate of change is described as 54 miles for each day. This is a constant rate of change. Miles relative to days are described by a linear function.

Savings

We assume the description means that the balance in the savings account increases by 1.5% with each passing month. While this interest rate is a constant, the amount by which the balance changes each month is not constant. The balance relative to time is described by an exponential function.

Vine

If the vine doubles in length twice a week, its length increases by 300% each week. As with savings, this growth rate is constant, but the amount of growth each week is not. The length of the vine is described by an exponential function.

Population

As with savings, this growth rate is constant, but the amount of increase each year is not. The population is described by an exponential function.

The situation with a constant rate of change is ...

  For every day that passes, a person drives 54 miles.

__

Additional comment

When the quantity is graphed, the "rate of change" refers to the slope of the curve on the graph. The graph of an exponential growth function does not have a constant slope, but has a slope that increases exponentially.

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In gym class, the yellow team and the blue team played soccer. Ali doesn't remember the final score of the game, but she does remember the following. what's the score There were six goals scored in total. Neither team scored more than two goals in a row at any point in the game. Determine all the possible final scores and the different ways each score could have been obtained. The blue team won the game.​

Answers

Answer:

Step-by-step explanation:

i need help

A police officer is estimating the distance from one side of a street to the other. The actual distance is 13.4 m. The police officer’s estimate is 14 m. Find the absolute error and the percent error of the police officer’s estimate.
PLEASE HELP

Answers

The absolute error and the percent error of the police officer’s estimate will be 4.29%.

What is the percentage?

The amount of any product is given as though it was a proportion of a hundred. The ratio can be expressed as a quarter of 100. The phrase % translates to one hundred percent. It is symbolized by the character '%'.

The percentage is given as,

Percentage (P) = [Final value - Initial value] / Initial value x 100

A cop is assessing the separation from one side of a road to the next. The genuine distance is 13.4 m. The cop's gauge is 14 m.

The absolute error and the percent error of the police officer’s estimate are calculated as,

%error = [(14 - 13.4) / 14] x 100

%error = (0.60 / 14) x 100

%error = 4.29%

The outright mistake and the percent blunder of the cop's gauge will be 4.29%.

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What is the distance between points m and n? meters

Answers

Answer: 9.8

Step-by-step explanation:

Rufus has collected 100 pounds of aluminum cans to recycle. He plans to collect an additional 25 pounds each week. In how many weeks will Rufus have a total of 400 pounds of cans?

Answers

Answer: 12

Step-by-step explanation:

The median, or middle value, is 42 48 52 54 59 61 61 64 65 67 68 70 72 75 80

Answers

The median or the middle value of 42 48 52 54 59 61 61 64 65 67 68 70 72 75 80 is 64.

What is a median?

It is the middle value of the given set of numbers after arranging the given set of numbers in order.

We have,

42 48 52 54 59 61 61 64 65 67 68 70 72 75 80

The given set of numbers is in ascending order.

There are 15 numbers.

The middle number will be the 8th number.

8th number = 64

Thus,

The median is 64.

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Tell whether the point (13, 17) is a solution to the system of linear equations?



y = -x + 30



y = x + 6



yes

no

Answers

Answer:

No

Step-by-step explanation:

When the 2 equations are graphed the point (13, 17) is not

a solution to the system of linear equations.

So the answer is no.

If you want to look for the solution**- the solution to the equation is (12, 18)


In a box of chocolates, of the chocolates are white chocolate, are milk
chocolate, and the rest are dark chocolate.
What fraction of the chocolates are dark chocolate?

Answers

                               ......................................................................                                      

Which equation is equivalent to the quadratic equation x^2− 8x +19 = 0 where k represents the absolute value of the maximum value of the function? options:A (x-4)^2+k=0 B:(x-4)^2-k=0 C:(x+4)^2+k=0 D:(x+4)^2-k=0

Answers

The equation that is equivalent to quadratic equation x^ 2-8x+19=0 is

(x-4)^ 2+k = 0 using quadratic equation properties .

What is quadratic equation ?

A quadratic equation is a second order equation written as ax2 + bx + c = 0 where a, b, and c are coefficients of real numbers and a ≠ 0.

Properties of graph of quadratic equation :

1. The shape of curve y = f(x) is a parabola.

2. If a>0, the parabola opens upwards.

3. If a<0, the parabola opens downwards.

4.The coordinates of vertex of parabola in all these cases is

(-b/2a , -D/4a).

The given equation is x^ 2-8x+19=0

a  = 1,

b = -8,

c = 19.

As a>0, 2nd property is correct i.e. no maximum value , only minimum value can be find that will be at vertex.

So, the vertex = (4,3)

The minimum value = 3 at 4.

So, the value of k = 3,

Given equation can be written as x^ 2-8x+16+3 = 0.

                                                      = (x-4)^ 2 +3 = 0.

The option A is correct.

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14x+17.5<−66.5 can you guys help me

Answers

Answer: < -6

Step-by-step explanation:

What percentage of trains were late in this particular week? 27.6% 38.2% 40.0% 72.4%

Answers

Answer:

27.6•\• is the answer from me

Please hurry and help!


Graph the following linear equation using the intercepts.
\displaystyle -10 x-12 y=-60−10x−12y=−60

Answers

The x−intercept is 6 and the y-intercept is 5.

What is an equation of a line?

In high school algebra, "the equation of a line" is a crucial concept. This refers to an equation in the (x,y) plane with a line as its solution set. The "slope-intercept" form is the most widely used form in algebra. y = mx + b. In essence, x is used as a parameter in this formula, and y is written as a function of x: y = f(x) = mx+b.

Here, we have

The given equation of a line is:

−10x − 12y = −60

10x + 12y = 60

x/6 = y/5 = 1

Hence, the x−intercept is 6 and the y-intercept is 5.

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The rectangular floor of a classroom is 30 feet in length and 20 feet in width. A scale drawing of the floor has a length of 15 inches. What is the area, in square inches, of the floor in the scale drawing?


HURRY PLEASEEEEEEEE

Answers

The area of the floor in the scale drawing will be equal to 150 in².

What is the area?

An object's area is how much space it takes up in two dimensions. It is the measurement of the number of unit squares that completely encompass the surface of a compact figure. The squared unit, which is frequently expressed as inches, square feet, etc., is the accepted unit of area.

As per the given information in the question,

Length of the classroom, l = 30 feet and,

The width of the classroom, w = 20 feet.

As per the scale drawing, the length of the classroom, l' = 15 feet

Let the scale width, w' = x feet

As we can see that the original length is twice the scale drawing.

Then, the original width also is twice the scale drawing.

So, w' = 20/2 = 10 feet.

Now, the area of the floor in the scale drawing will be,

A = wl

A = (15)(10)

A = 150 in².  

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By identifying the vertical asymptote, one can determine the denominator of this
function is

Answers

The denominator of function is -x/2 - 1 and vertical asymptote  x = -2.

What is vertical asymptote?

A vertical line that is not a part of the function's graph but serves as a guide is known as a vertical asymptote. Because it occurs at an x-value outside of the function's domain, the graph cannot cross it. There may be more than one vertical asymptote for a function.

Given graph

the function of graph is F(x) = [tex]2\frac{\left(-\frac{x}{2}\ +\ 1\right)}{\left(\frac{x^{2\ }}{4}-1\right)}[/tex] = 2(1- x/2)/(x²/4 - 1)

reducing the equation

F(x) = 2/(-x/2 - 1)

denominator is -x/2 - 1

for  vertical asymptote -x/2 - 1 = 0

x  = -2

Therefore for function is -x/2 - 1 and  vertical asymptote at x  = -2.

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Fifty students in the seventh grade are trying to raise at least $2,000 for sports supplies. They have already raised $750. How much should each student raise, on average, in order to meet the goal?

Answers

On average the 50 students need to raise $25 each.

What is average?

In plain English, an average is a single number chosen to represent a group of numbers; it is typically the sum of the numbers divided by the number of numbers in the group. The average of the numbers 2, 3, 4, 7, and 9 is, for instance, 5.

Given: Fifty students in the seventh grade are trying to raise at least $2,000 for sports supplies. They have already raised $750.

To find the number of students should each student raise, on average, in order to meet the goal.

Let, $2000 - $750 = $1250

So,

$1250/50 = 25

Hence, on average the 50 students need to raise $25 each.

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r(x) = x^2 + 5x + 4 write r(x) in factored form. I would like an explanation as to how you get the answer please!

Answers

Answer: (x+1)(x+4)

Step-by-step explanation:

Step 1: Use the sum-product pattern

x^2 + 5x + 4

x^2 + 4x + x + 4

Step 2: Common factor from the two pairs

x(x+4) + x+4

Step 3: Rewrite in factored form

(x+1)(x+4)

1. you have three baskets of fruit. one has apples, one has oranges, and one is a mix of the two. all the baskets are mislabeled. how many fruits do you need to pull out of how many baskets to correctly label them all.

Answers

To label the three basket correctly , We have to pull out total two fruits from  all of them

Let Say , We are drawing a fruit from a basket labelled "Mixture"

If this fruit is an apple, then indicate such on the label (Because this basket does not contain Mixture, so if one is apple, all are apples only). We've now discovered that the basket marked "Mixture" solely includes apples.

Therefore , the Correct Label is "apples"

Now, Drawing another fruit from basket labelled  "Oranges," we can see that it either contains solely apples or mixture. The basket marked "Oranges" contains "Mixture," as we already know which basket only contains apples. Put "Mixture" on the label.

Oranges will be the name of the third basket.

The same reasoning holds true if you suppose that you initially chose an orange from the basket marked "Mixture."

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A set of data items is normally distributed with a mean of 500 and a standard deviation of 30. Find the data item in this distribution that corresponds to we givenz-score
z= -7
The data item that corresponds to z= -7 is (Type an integer or a decimal.)

Answers

The data item in this distribution corresponding to a z-score of -7 will be 290.

What is Z-score?

The standard score in statistics is the number of standard deviations that a raw score's value is above or below the mean value of what is being observed or measured. Raw scores that are higher than the mean have positive standard scores, whereas those that are lower than the mean have negative standard scores. The Z-score measures how much a particular value deviates from the standard deviation. The Z-score, also known as the standard score, is the number of standard deviations above or below the mean for a given data point. The standard deviation reflects the level of variability within a particular data collection.

Here,

z=(X-μ)/σ

-7=(X-500)/30

-210=X-500

X=290

The data item in this distribution that corresponds to we given z-score

z equals to -7 will be 290.

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You are designing one last sandbag-dolly system for the performance. this time, two actors will be on the dolly. the mass of the dolly and actors combined is 94 kg, and the mass of the sandbag is 35 kg. the coefficient of kinetic friction between the dolly and the stage floor is 0.20. what is the acceleration?

Answers

The acceleration of the dolly-sandbag system is 1.23 m/s²

How to calculate the acceleration?

Given parameters:

The mass of the dolly and actor combined is: M = 94 kg

the mass of the sandbag is: m = 35 kg.

The coefficient of kinetic friction between the dolly and the stage floor is 0.20.

Let the acceleration is a.

Hence, From Newton's 2nd law of motion, we can write that:

ΣF = (m+M) a

mg - μMg = (m+M) a

a = g (m- μM)/ (m+M)

= 9.8 (35 - 0.20 × 94)/(35 + 94)

= 9.8 (16.2)/(129)

= 1.23 m/s².

Hence, the acceleration of the dolly-sandbag system is 1.23 m/s².

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Please help if possible.

Answers

Answer:

$1020.00000$1020.15050$1020.18436$1020.19742$1020.20078

Step-by-step explanation:

You want to find the effect of compounding 2% annual interest on $1000 at different intervals for a year. The intervals are ...

1 per year4 per year12 per year52 per year365 per year

Calculator

The attached calculator display shows the result:

yearly: $1020.00000quarterly: $1020.15050monthly: $1020.18436weekly: $1020.19742daily: $1020.20078
Other Questions
This also goes with the questions that I have so please answer thank you Jaime y roco estn pintando una pared con cubos de pintura idnticos. Si Jaime ha gastado 2/5 de su pintura y roco,3/5. Quin ha gastado ms? Qu cubo de pintura estar ms lleno? PLEASE HELP WITH THIS PROBLEM I WILL GOVE BRAINLIST!!!!!!!!!!!Pedro is drafting a workout plan. What is the MOST efficient and safe way forhim to lift weights?A.He would lift arms for three days in a row then legs for two days.B. He should alternate his arm days with his leg days.C. He should lift both arms and legs every day.D. He should lift legs for three days in a row then arms for two days.C is incorrect what starts with n and end with er Calcular el valor de x+y+zx+y+z= 62x = y + z = 34x - y z = 4 give a pair of alternate interior angles, a pair of corresponding angles, and a pair of alternate exterior angles. the pair of corresponding angles, alternate-interior angles, alternate-exterior angles are______.a.adjascent anglesb.linear pairc.congruentd.intersecting 50 points please help asap What are some of the customization options in the Animation Pane? Check all that apply.add animationsreorder animationsremove animationsset timing of animationspreview animations which is the best characterization (description) of operant conditioning? a. an individual performs some action, and, depending on what happens as a consequence of that action, the likelihood of that same behavior occurring again will either increase or decrease. b. automatic responses become associated with new stimuli when they occur at the same time. c. over time and with repeated experience, the person changes how to best understand a concept or problem. d. when a person is exposed to a great deal of information, the person relates the new information to pre-existing knowledge, and then organizes all the new information in a coherent way. If E.M radiation has a frequency of 58,000,000 Hz, what is the wavelength?Please include a formula to solve this! Complete each sentence by selecting the correct answer from the drop-down menu. Before reading multiple texts, it is important to ___ Doing this will help you _____As a result, it will be easier to ________answer is establish a purpose for readingfocus on right detailssynthesize information A decision that forms a potential basis for deciding the outcomes of similar cases in the future; a by-product of decisions made by trial and appellate court judges, who produce case law whenever they render a decision in a particular case When the interest rate is so low that the opportunity cost of holding money is zero, then economists say we have reached: A) the era of total liquidity.B) the zero-lower-bound situation, which means the U.S. economy may be in a liquidity trap.C) full monetary saturation.D) a situation in which a nation must use caution, since monetary policy is "super" effective. Write the linear equation in slope intercept form What is the total cost of the rental is Dana drives the car for 15 miles? define and explain the role of a priest or priestess in religion and how he/she is different from or similar to a shaman. the quadtratic expression -3x^2 +6x + 72 will equal zero when x equals An airplane is preparing to land at an airport. It is 55800 feet above the ground and is descending at the rate of 3,500 feet per minute. At the same airport, another airplane is taking off and will ascend at the rate of 2,700 feet per minute. When will the two airplanes be at the same altitude and what will that altitude be? Use pencil and paper. Use two other methods to solve the problem. Explain which methods are easier to use and which are more difficult to use for the situation. Janice and Stephanie have been close friends for some time. When Stephanie recently lost her job, she couldn't afford her rent anymore and was on the verge of homelessness. Janice invited her to come and stay in her extra room for as long as needed to. In return, Stephanie insisted on doing housework and most of the cooking. According to equity theory, which of the following statements about this relationship scenario is true?