Over 2 years, how much more does $2000 in a savings account with an APR of 5.2% compounded quarterly earn in interest than the same amount in a savings account with an APR of 4.8% compounded monthly?

Answers

Answer 1

A savings account with just an APR of 5.2% compounded quarterly on a balance of $2,000 will yield $16.61 more interest than a similar account with just an APR of 4.8% compounded monthly on the same balance.

Explain the term compounded monthly?Compound monthly refers to a loan's interest rate, which is charged in installments each month and added to the principle.

Assume we had two different sorts of savings accounts, each with a deposit of $2,000 in it.

Account A's quarterly interest rate is 5.2%.Account B has a monthly interest rate of 4.8%.

We must now determine the earnings for both accounts.

The following formula will be used to determine the earning:

Here,

v = total income,Interest rate = r (in decimal form).p is the first main value.T is the number of years overall.n is the number of compounding years.

Put the values for Account A now.

5.2 % in decimal form = 5.2/100= 0.052

v = 2000 x ( 1 + (0.052/4) )^(4*2)

v = 2217.71

Total earning for account A =  $ 2217.71.

For Account B:

4.8 % in decimal form = 4.8/100= 0.048

v = 2000*( 1 + (0.048/12) )^(12*2)

v = 2201.10

Total earning for account A = $ 2201.10

We will now deduct B's earnings from A's earnings to see how much more A earned than B.

2217.71 - 2201.10 = $16.61

Consequently, account A made $16.61 more so than account B.

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Related Questions

8.

supplementary angles. If
m

m

Answers

Answer:

Do u like m&m because I do

Sketch the curve with the given vector equation by finding the following points. (Select Update Graph to see your response plotted on the screen. Select the Submit button to grade your response.) r(t) = (t, 9 – t, 2t) r(-9) (x, y, z) r(0) (x, y, z) r(9) (x, y, z)

Answers

For sketching the graph we need to know the coordinate of the vector which are r(1) = ⟨−1, 2⟩, r′(1) = ⟨1, 2⟩

Given:-

x = t − 2,

y = t² + 1 ⇒ t = x + 2

⇒ y = (x + 2)2 + 1

⇒ y = x² + 4x + 5

For find r′(t) we have to ,

r′(t) = ⟨1, 2t⟩

To sketch the position vector r(t) and the tangent vector r′(t) for t = 1.

r(1) = ⟨−1, 2⟩, r′(1) = ⟨1, 2⟩

See the above figure. The red vector is r(1) and the blue one is r′(1)

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Jessica’s is making $300 less than four times what she was making when she started working. Let s represent her starting salary. Write an expression showing how much Jessica is making now in terms of her starting salary, s. Show work.

Answers

Answer:

4s-$300

Step-by-step explanation:

Two pieces of information given describe Jessica's salary in relation to her starting salary.  This information is that she makes nearly four times her starting salary (multiplication) and the exact amount she is short of exactly four times is $300 (subtraction).  As with the order of mathematical operations, start with multiplication, then put the subtraction into the expression.

s

4s

4s-$300

This final expression shows how much she is making now in terms of her starting. salary

Find x
NOTE: Angles not necessarily drawn to scale.

Answers

Answer:

148 degrees

Step-by-step explanation:

b/c a line is 180 degrees and the angle given is 32 so 180- 32= 148

and the line is bisected at point p so it is 148 because of alternate interior angles.

A subscription to a program normally costs $36 but is on sale for 25% off. A 7% tax is added at checkout. What is the total cost? $28.89 $45.59 $9.00 $27.00

Answers

Answer:

$28.89

Step-by-step explanation:

he subscription is on sale for 25% off, so the cost is $36 - (25% * $36) = $36 - $9 = $27.

Then, a 7% tax is added at checkout, so the total cost is $27 + (7% * $27) = $27 + $1.89 = $28.89.

Therefore, the total cost is $28.89.

Answer:

Step-by-step explanation:

36 will be 27 and  7% of 27 should be added 1,89 so 28,89

What is the equation, in stanard form, of a parabola that models the values in the table x-3 0 2 f(x) -8 -2 -28

Answers

The equation of the parabola is f(x)= 7x²+5x-2 when values of the x are -3,0,2 and the f(x) are -8,-2,-28.

Given that,

The values of the x are -3,0,2 and the f(x) are -8,-2,-28

We have to find the equation of the parabola with the x and f(x) values.

We know that,

The equation of the parabola of the form f(x) = ax²+bx+c

So,

-3a-3b+c=-8 ----->equation(1)

c=-2

2a+2b+c=-28 ------>equation(2)

Substituting c=-2 in equation(1) and equation(2)

-3a-3b-1+8=0

-3a-3b+7=0 ------>equation(3)

2a+2b-2+28=0

2a+2b+26=0 ------>equation(4)

Subtracting 2×equation(3) and 3×equation(4)

                               b=5

Substituting in equation(1)

a=7

Therefore, The equation of the parabola is f(x)= 7x²+5x-2 when values of the x are -3,0,2 and the f(x) are -8,-2,-28.

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WILL GIVE BRAINLIEST!
The aquarium has one fewer redfish than blue fish. 60% of the fish are blue. How many blue fish are in the aquarium? Show your work.

Answers

Answer:

There are 3 blue fish in the aquarium.

Step-by-step explanation:

Let the total number of fish be denoted by T, total number of blue fish be B and total number of red fish be R

We can write, T = B + R

Since the aquarium has one fewer redfish than blue fish, R = B - 1

So,

T = B + (B - 1) = 2B - 1

As 60% of total fish is blue, we can write

60% of T = B

or, (60/100) x T = B

or, 3/5 x T = B

or, 3/5 x (2B - 1) = B

or, 6B - 3 = 5B

or, 6B - 5B = 3

or B = 3

Therefore, there are 3 blue fish in the aquarium.

No. of red fish, R = B - 1 = 3 - 1 = 2

The table and grab below shows the distance travel between two different objects which statement is correct about the speed of the two objects

Answers

The statement which is correct about the speed of the two objects is both travel at steadily increasing speed.

What is meant by direct relation?

A direct relation exists when the two variables rise or fall together. In a straight link, as X rises, Y rises as well. A straight relationship will always have a positive slope on a graph.

What is speed?

Speed is the pace at which an object's position changes in any direction. The distance travelled in relation to the time it took to travel that distance is how speed is defined. Since speed simply has a direction and no magnitude, it is a scalar quantity.

The graph shows the direct relation that means with increasing time and distance speed will increase. Moreover, the table also shows direct and increasing relation about the speed of two objects so the statement both travel at steadily increasing speed is correct.

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The restaurant has 25 boxes of ketchup.
Each box has 250 packets of ketchup.
How many packets of ketchup does the restaurant have?

Answers

Answer: 6,250

Step-by-step explanation: As the equation states there are 25 boxes with 250 packs of ketchup take the 25 boxes and multiply the 250 packets

250x25=6,250

Given f(x)=3x+4 find f(4)

Answers

Answer:

Step-by-step explanation:

To find f(4), you can substitute 4 for x in the equation f(x) = 3x + 4. This gives you:

f(4) = 3(4) + 4

= 12 + 4

= 16

Therefore, f(4) = 16.

convert the following equation into standard form.
Y= -2x+6

Answers

Answer:

x = 3+y

Step-by-step explanation:

is your ans .................




WILL MARK BRAINLIEST ‼️‼️

MULTIPLE CHOICE‼️

Which equation illustrates the identity property of multiplication?

Answers

Answer:

C

Step-by-step explanation:

Anything multiplied by one is itself...its identity

State the degree and leading coefficient of the polynomial in one variable. If it is not a polynomial in one variable, explain why.
n+8
degree =
leading coefficient =

Answers

Answer: The degree of a polynomial is the highest exponent of the variable in the polynomial. The leading coefficient of a polynomial is the coefficient of the term with the highest degree.

In the expression "n + 8", the highest degree of the variable is 1 and the coefficient of the term with the highest degree is 1. Therefore, the degree of the polynomial is 1 and the leading coefficient is 1.

So, the degree of the polynomial is 1 and the leading coefficient is 1.

Note: If the expression had included terms with higher degrees of the variable, such as "n^2 + 3n + 8", the degree of the polynomial would have been 2 and the leading coefficient would have been 1.

100 POINTS
Find the focus. x^2 = 6y (please explain, I want to understand the solution)

Answers

The coordinate of the parabola's focus in the following equation, x2=6y, is (0,3/2)

What are Directrix and Focus?

What are a parabola's focus and directrix? Typically speaking, parabolas are the graphs of quadratic functions. They can alternatively be thought of as the collection of all points whose separation from the focus is the same as their separation from a certain line (the directrix).

What are the focus's coordinates?

The focus's coordinates f(0,a)

The equation that we have given is

x^2 = 6y

We are aware that the parabola's general equation is,

x^2 = 4ay

The axis of symmetry is a line that splits the parabola in half and runs through the focus.

We must ascertain the worth of

6y = 4ay

6 = 4a

a = 6/4 = 3/2

The focus' coordinate (0,3/2) is as a result.

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What is the answer for identifying the slope and Y intercept for this graph ?

Answers

Slope is -2 and intercept is 3.
The y intercept is where the equation meets the y axis

What are the coefficients in the following expression x^2+2x-5xy-y+3y^4

Answers

Answer:

1,2,-5,-1,3

Step-by-step explanation:

the coefficients are the numbers before the variables (x and y)

if there is nothing infront of the variable then the coefficient is 1

if there is only a negative sign infront of the variable then the coefficient is -1

10, 12, 11, 13, 14, 12, 13, 14, 13, and 12 find the mean.

Answers

The mean of the given data is 12.4

What is mean?

The mean can be calculated only for numeric variables, no matter if they are discrete or continuous. It's obtained by simply dividing the sum of all values in a data set by the number of values.

Given that, a data, 10, 12, 11, 13, 14, 12, 13, 14, 13, and 12

Arranging the data in ascending order, 10, 11, 12, 12, 12, 13, 13, 13 14, 14

The sum is = 10+12+11+13+14+12+13+14+13+12 = 124

Total number of data = 10

Mean = sum of the numbers/ total numbers of data

Mean = 124/10

Mean = 12.4

Hence, the required mean is 12.4

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Given a2 = 7 and a5 = −56 of a geometric sequence, what is the recursive equation for the nth term? a an = 2(an − 1), a1 = 3.5 b an = 2(an − 1), a1 = −3.5 c an = −2(an − 1), a1 = 3.5 d an = −2(an − 1), a1 = −3.5

Answers

Answer: an=-2(an-1), a1=3.5

Step-by-step explanation: took the quiz and got it right

An = -3.5(-2)ⁿ⁻¹ and -3.5  are the Nth and first terms of the above sequence, respectively.

What is Geometric sequence?

Every term in a geometric series is obtained by multiplying the term before it by the same number. Aₙ = a₁ rⁿ⁻¹ is the general phrase for it. The common ratio is denoted by the number r.

Given a₂ = 7 and a₅ = −56 for a geometric sequence.

From the general formula of geometric sequence's nth term

Aₙ = a₁ rⁿ⁻¹

Thus

A₂ = 7 = a₁ r²⁻¹ = a₁ r

A₅ = -56  =  a₁ r⁵⁻¹ = a₁ r⁴

comparing both equations

A₂/ A₅ = a₁ r /  a₁ r⁴

=>  -7/56 = 1/r³

=> r³ = -8

=> r = -2

putting this value of r in equation 1

a₁ = -7/2

Hence, for the nth term of the sequence

Aₙ = -7/2(-2)ⁿ⁻¹

Therefore, the Nth term and the first term of the given sequence are Aₙ = -3.5(-2)ⁿ⁻¹ and -3.5 respectively.

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in a homicide case different witnesses picked the same man from a line up. the line up contained 5 men. if the identifications were made by random guesses, find the probability that all witnesses would pick the same person. round to seven decimal places.

Answers

Rounding to seven decimal places, the probability that one individual would be selected by all witnesses is 0.0000128.

Six different witnesses chose the same individual from a lineup in a homicide case. There were 5 guys in the lineup. The likelihood that each of the six witnesses would choose the same person if the identifications were done based just on guesswork.

P = 1 ÷ 5 is the likelihood that a witness will choose a certain individual at random.

The likelihood that all seven witnesses would select the same subject is P = [tex](\frac{1}{5})^{7}[/tex]= 0.0000128.

Simply put, the probability is the likelihood that something will occur. We can discuss the probabilities of different outcomes to determine how likely they are if we are unclear about how an event will turn out.

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An online streaming service charges a monthly fee as well as a one-time sign-up fee. The cost for this online streaming service is modeled by the following function where m represents the number of months the service is subscribed to and C(m) represents the total cost given that amount of time:

C(m) = 13m + 9

In the above function, what is the slope?

What is the y-intercept?

How do we interpret the slope of this function?

How do we interpret the y-intercept of this function?

Answers

The slope of the given line is 13 and the y - intercept of the line is 9.

What is equation of line?

A straight line's general equation is y = mx + c, where m denotes the gradient and y = c denotes the point at which the line crosses the y-axis. On the y-axis, this value c is referred to as the intercept.

Consider, the given equation of line,

C(m) = 13m + 9

We have to find the slope and y - intercept of the given equation.

From the given equation the slope of the equation is 13 and the y - intercept is 9.

Consider, the general equation of line

y = mx + c

where,

m is the slope of line and

c is the y - intercept of the line.

Compare the given equation C(m) = 13m + 9 with, y = mx + c

⇒  m = 13 and c = 9

Hence, the slope of the given line is 13 and the y - intercept of the line is 9.

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determine whether or not the distribution is a discrete probability distribution and select the reason why or why not. X = 0, 1, 9P( X = x ) | 0.41 | 0.6 | 0.06

Answers

Since the probabilities lie exclusively between 0 and 1 and the sum of probabilities is equal to 1 , therefore the yes , the distribution is discrete probability distribution.

As the probabilities range from 0 to 1, and the sum of probability equals 1.

Discrete probability distribution is a sort of probability distribution that provides all potential values of a discrete random variable along with the related probabilities. In other words, a discrete probability distribution describes the possibility of each potential value of a discrete random variable occurring.

Some common discrete probability distributions are geometric distributions, binomial distributions, and Bernoulli distributions. This page defines a discrete probability distribution, as well as its formulas, types, and numerous instances.

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Franco said 9.37×0.1=93.7 is he correct

Answers

Answer:

No, Franco's calculation is incorrect.

Step-by-step explanation:

No, Franco's calculation is incorrect. The correct answer is 9.37 x 0.1 = 0.937.

When multiplying a decimal number by a decimal number, the decimal point in the product should be placed so that the number of decimal places in the product is equal to the sum of the number of decimal places in the factors. In this case, the number 9.37 has two decimal places, and the number 0.1 has one decimal place. Therefore, the product of 9.37 x 0.1 should have a total of 2 + 1 = 3 decimal places.

To obtain the correct answer, we need to multiply 9.37 x 0.1 using standard long multiplication:

Copy code

9.37

x 0.1

0.937

Therefore, the correct answer is 0.937, not 93.7 as Franco stated.

Answer:

No. This is incorrect.

Step-by-step explanation:

9.37 × 1 = 9.37

Times by 1 the number stays the same.

If you multiply by 0.1 the decimal will move one place and the 9.37 should get smaller! The sentence in the problem shows 93.7 which is bigger.

9.37 × 10 = 93.7

9.37 × 0.1 = 0.937

Solve the inequality for x.
2(4x+9) ≤5x+3

Answers

I think the answer is X is less than or equal to negative five.

in a recent survey 70% of the community favored building a health center in their neighborhood. If 14 citizens are chosen find the probability that 8 of them favor building the health center

Answers

The probability of those that favors building the health center is 0.196

What is probability?

The probability is the measure of the likelihood of an event to happen. It measures the certainty of the event. The formula for probability is given by; P(E) = Number of Favorable Outcomes/Number of total outcomes.

In a recent survey, 70% of the community favored building a health center in their neighborhood. If 14 citizens are chosen, find the probability that exactly 8 of them favor the building of the health center.

According to the scenario, 70% of the community favoured in building a health centre.

Hence , p=0.7.

In order to find the probability, binomial theorem will be used as follows :

= 0.196

Hence, The probability is 0.196

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The balance on Howard Gessner’s American Express card on August 1 is $543.27. In August, he charges an additional $201.25 of purchases, has returns of $89.22, and makes a payment of $300. If the finance charges are calculated at 1.5% per month on the unpaid balance, find the balance on September 1.

Answers

Mathematically, the balance on Howard Gessner's American Express card on September 1 is $360.63.

How do we determine the balance?

The ending balance on September 1 is determined using the mathematical operations of addition, subtraction, and multiplication (for the finance charge).

The finance charge is the interest and other fees paid for borrowing credit.

The finance charge is always based on a percentage, called the annual or monthly percentage rate (APR or MPR).

In this situation, the monthly percentage rate is applied to the unpaid balance (multiplication) at the end of August, to determine the finance charge, which is added to the unpaid balance to compute the September 1 balance.

August 1 Balance =        $543.27

Purchases                        201.25

Returns                            (89.22)

Payments                      (300.00)

Unpaid balance           $355.30

Finance charge                  5.33 ($355.30 x 1.5%)

September 1 Balance $360.63

Thus, using mathematical operations, the balance on September 1 is $360.63.

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A satellite encircles Mars at a distance above its surface equal to 3 times the radius of Mars. The acceleration of gravity of the satellite, as compared to the acceleration of gravity on the surface of Mars, is A)Zero B)the same C)1/3 D)1/16

Answers

The acceleration of gravity of the satellite, as compared to the acceleration of gravity on the surface of Mars is (D) 1/16.

The term Acceleration defined as the gravity at the surface of Mars is given by the formula

Gₙ = GM/R²

where

M refers mass of Mars

R refers radius of Mars

Here we need to find if we take a point which is at height 3 times the radius of Mars from its surface.

While we take the height 3 times the radius of Mars from its surface.

The it can be written as,

=> Gₙ = GM/(3R + R)²

When we expand it then we get.

=> Gₙ = GM/16R²

Therefore, the resulting gravity on the surface of the mars is 1/16.

So, the option (D) is correct.

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Can someone help me with this real quick?

Answers

Answer:

y = 5

Step-by-step explanation:

the line is horizontal and has always y = 5

How could you organize the weighting and grades information differently so that Oscar's and Reagan's final grades are given by WG?

Answers

Answer i just need points

Step-by-step explanation: maybe 90

find the value of x in this problem

Answers

Answer: x=22

Step-by-step explanation:

Based on the given figure, we can tell that 2x and 44 are vertical angles. Vertical angles are congruent to each other, so we can set them equal to each other.

2x=44           [divide both sides by 2]

x=22

Therefore, x=22.

Find all values of x for which f(x)=3x^4+4x^3-120x^2+120 has local maxima and minima, as well as the inflection points. Please show all of your work.

Answers

The Local maxima and minima will be at X = 0 , 4 , -5 and point of inflation will be at [tex]\frac{(-1 + \sqrt{61})}{3},[/tex] [tex]\frac{(-1 - \sqrt{61})}{3}[/tex].

What is Maxima and Minima ?

The curve of a function has peaks and troughs called maxima and minima. A function may have any number of peaks and minima. Calculus allows us to determine any function's maximum and lowest values without ever consulting the function's graph. Maxima will be the curve's highest point within the specified range, while minima will be its lowest.

Extrema is the result of maxima and minima combined. The graph in the graphic below shows several peaks and falls. We obtain the function's maximum and lowest values at x = a and 0 respectively, and at x = b and c respectively. The valleys are the minima and all the peaks are the maximum.

The peaks and minima of the function that appear in a certain interval are known as local maxima and minima. The value of a function at a place in a certain interval for which the values of the function near that point are always smaller than the value of the function at that point would be considered a local maximum. Local minima, on the other hand, would be the value of the function at a location where the values of the function nearby are higher than the value of the function at that location.

When the concavity of a function's graph (or picture) changes, a point of inflection is identified. We need to determine where the second derivative of the function switches from negative to positive, or vice versa, in order to determine this in algebra. So, we calculate the provided function's second derivative.

The fuction is :

[tex]3x^{4} + 4x^{3} -120x^{2} + 120[/tex]

So for local Maxima and minima first derivatives should be zero

Therefore,

[tex]\frac{d}{dx}\\[/tex] ([tex]3x^{4} + 4x^{3} -120x^{2} + 120[/tex] ) = 0

⇒ [tex]12x^{3} + 12x^{2} - 240x = 0[/tex]

⇒ [tex]x^{3} + x^{2} - 20x = 0[/tex]

⇒[tex]x(x^{2} + x - 20) = 0 \\[/tex]

⇒x(x-4)(x+5) = 0

For x = 0, 4 , -5 there is a local maxima or minima.

Now for Point of Inflation second derivative is zero

Therefore,

[tex]\frac{d^{2} }{dx^{2} }[/tex] ( [tex]3x^{4} + 4x^{3} -120x^{2} + 120[/tex]) = 0

⇒  [tex]\frac{d}{dx}[/tex][tex]12x^{3} + 12x^{2} - 240x = 0[/tex]

⇒ [tex]36x^{2} + 24x - 240 = 0[/tex]

⇒[tex]3x^{2} + 2x - 20 = 0[/tex]

⇒ x = [tex]\frac{(-1 + \sqrt{61})}{3},[/tex] [tex]\frac{(-1 - \sqrt{61})}{3}[/tex]

So the point of inflations are [tex]\frac{(-1 + \sqrt{61})}{3},[/tex] [tex]\frac{(-1 - \sqrt{61})}{3}[/tex].

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by analyzing the income statement, what amount of money is left over at the end of the year from the business once everything is accounted for? please help me with this math real quick, please!! sparks corporation has a cash balance of $9,900 on april 1. the company must maintain a minimum cash balance of $8,000. during april, expected cash receipts are $52,000. the mean recurrence interval (mri) of an earthquake in the 8.0-9.0 magnitude range in the los angeles area is approximately 1,500 years. based on this, what is the probability of an earthquake in this magnitude range sometime in the next 30 years? Question 1-5The expression (4c-3d)(3c+d) is equivalent to:O 12c 13cd 3dO 12cO 12cO 12cO 12c13cd3d5cd 3d5cd +3d3d assume a monopolistic publisher has agreed to pay an author 10 percent of the total revenue from the sales of a book. will the author and the publisher want to charge the same price for the book? remy often exhibits no remorse for his actions, such as physically hurting or manipulating other people, so he doesn't think he has a problem. remy's behavior is atypical. this illustrates the weakness of using as a method of distinguishing abnormal and normal. deviation from social norms personal distress infrequency impairment in daily functioning A women who is 22 weeks pregnant is feeling pretty well but has a sore back and body aches. What is most likely happening with the fetus developing in her uterus what would be the first line of the module for a function named mileage with parameters miles and rate? Listed below are terms and definitions associated with bonds. Terms: 1. Sinking fund. 2. Secured bond. 3. Unsecured bond. 4. Term bond. 5. Serial bond. 6. Callable bond. 7. Convertible bond. 8. Bond issue costs. Definitions: a. Allows the issuer to pay off the bonds early at a fixed price. b. Matures in installments. c. Secured only by the "full faith and credit" of the issuing corporation. d. Allows the investor to transfer each bond into shares of common stock. e. Money set aside to pay debts as they come due. f. Matures on a single date. g. Supported by specific assets pledged as collateral by the issuer. h. Includes underwriting, legal, accounting, registration, and printing fees. Match (by letter) the bond terms with their definitions. Each letter is used only once. a market where no single buyer or seller can influence the price is a: group of answer choices competitive market. factor market. seller's market. buyer's market. Hudson is making a list of all the costs he must pay to operate his gift shop. He includes rent, utilities, employee compensation, and point-of-purchase tax. Whyshould Hudson NOT have included point-of-purchase tax on his list of costs?A. Because suppliers pay point-of-purchase taxB.Because distributors pay point-of-purchase taxC.Because shippers pay point-of-purchase taxD. Because consumers pay point-of-purchase tax Which statement about King Philip's War is true?A Many Native Americans and colonists died during the war.B The war was started by the Narragansett tribe after the death of their leader.C The Wampanoag nations were the only Native American nations affected by the war.D The colonists suffered more losses than the Native Americans. URGENT! ASAP!whoever gets it right gets brainlist In the optimistic approach, during the phase, a transaction scans the database, executes the needed computations, and makes the updates to a private copy of the database values.a. read b. validationc. write d. shared rolf, a citizen of new mexico, wants to file a suit against sandy, a citizen of texas. their diversity of citizenship may be a basis for Aliyah is giving a TedTalk about ethics in the restaurant business. What would MOST likely be the title of her TedTalk? logical errors are mistakes that cause the program to produce erroneous results. group of answer choices true false T/F the money multiplier process also works in reverse when a loan is repaid and the amount of money that is destroyed is equal to the loan repayment times the money multiplier. ______ is/are designed to provide a nurturing climate for diverse employees who would otherwise feel shut out.