answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Neko [114]
1 year ago
5

Veronique and Lily compare their investment accounts to see how much they will have in the accounts after seven years. They subs

titute their values shown below into the compound interest formula. Compound Interest Accounts Name Principal Interest Rate Number of Years Compounded Veronique $1,000 5% 7 Once a year Lily $1,800 9% 7 Once a year A = P (1 + r) Superscript t Which pair of equations would correctly calculate their compound interests? Veronique: A = 1,000 (1 + 0.05) superscript 7, Lily: A = 1,800 (1 + 0.09) Superscript 7 Veronique: A = 1,000 (1 + 0.07) Superscript 5, Lily: A = 1,800 (1 + 0.07) Superscript 9 Veronique: A = 1,800 (1 + 0.05) Superscript 7, Lily: A = 1,000 (1 + 0.09) Superscript 7 Veronique: A = 1,000 (1 + 0.07) Superscript 5, Lily: A = 1,800 (1 + 0.07) Superscript 9
Mathematics
1 answer:
ch4aika [34]1 year ago
6 0

Answer:

Veronique: A = 1,000 (1 + 0.05) superscript 7, Lily: A = 1,800 (1 + 0.09) Superscript 7

Step-by-step explanation:

the equation used to calculate future value of an investment (or bank deposit) using compound interest is:

future value = present value x (1 + interest rate)ⁿ

  • Veronique: future value = $1,000 x (1 + 5%)⁷ = $1,057
  • Lily: future value = $1,800 x (1 + 9%)⁷ = $3,290.47

You might be interested in
A fair coin is flipped twice. Drag letters to complete the tree diagram to represent the sample space
ankoles [38]

Answer:

Step-by-step explanation:

HH

HT

TH

TT

6 0
2 years ago
There are 135 people in a sport centre. 73 people use the gym. 59 people use the swimming pool. 31 people use the track. 19 peop
Anna71 [15]

Answer:

1/9

Step-by-step explanation:

135 in Sport centre: Total

59:swimming pool

31:track

19 both swimming and gym

16 gym and track

4 all three facilities

4 people use all three facilities, then

16 - 4 = 12 people use the gym and the track and do not use the pool;

9 - 4 = 5 people use the pool and the track and do not use the gym;

19 - 4 = 15 people use the gym and the pool and do not use the track.

At least two facilities use 4 + 12 + 5 + 15 = 36 people, 4 of them use all three facilities. Thus, the probability that a randomly selected person which uses at least two facilities, uses all the facilities is

4/36=1/9

Hope this helps!!!

6 0
2 years ago
240 students to 12 teachers as ratio
grigory [225]

Answer:

1 : 20 20 students for every 1 teacher

Step-by-step explanation:

divide both sides by 12

7 0
1 year ago
The height of a cylinder is twice the radius of its base. A cylinder has a height of 2 x and a radius of x. What expression repr
cluponka [151]
<h2>Answer:</h2><h2>volume of the cylinder = 2πx^{3}</h2>

Step-by-step explanation:

The height of a cylinder is twice the radius of its base.

Let the height of the cylinder = 2x

Let the radius of the cylinder = x

By formula, volume of the cylinder = πr^{2} h

here r = x, h = 2x

substituting the values in the equation, we get

volume of the cylinder = πr^{2} h =  π x^{2} (2x)

volume of the cylinder = 2πx^{3}

5 0
2 years ago
Read 2 more answers
The constraint 5x 1 + 3x 2 ≤ 150 is modified to become a goal equation, and priority one is to avoid overutilization. Which of t
Kryger [21]

Answer:

c. Minimize P,d1+; 5x1 + 3x2 + d1+ = 150

Step-by-step explanation:

5x1 + 3x2 = 150. To convert an equality, we simply add an “artificial” variable (d1) to the equation: 5X1 + 3X2 + d1 = 150 An artificial variable is a variable that has no physical meaning in terms of a real-world LP problem. It simply allows us to create a basic feasible solution to start the simplex algorithm. An artificial variable is not allowed to appear in the final solution to the problem. Here in this problem to avoid over utilization, we introduce this artifical variable.

7 0
1 year ago
Other questions:
  • Successive discounts of 20% and 10% are taken on an item priced at $16. Describe how to find the sale price of the item and give
    6·2 answers
  • 14. A $40,000 loan at 4% dated June 10 is due to be paid on October 11. Calculate the amount of interest (assume ordinary intere
    12·2 answers
  • PLS HELP ME ASAP Amy must form a three-letter arrangement using only letters from the word dice. She cannot use a letter more th
    15·2 answers
  • A plane that carries mail makes a round trip each day from Chicago to New York. It makes 3 intermediate stops on the way to New
    5·2 answers
  • Lisa and Valerie are picnicking in Trough Creek State Park in Pennsylvania. Lisa has brought a salad that she made with 3/4 cup
    7·1 answer
  • If 3.0 grams of strontium-90 in a rock sample remained in 1989, approximately how many grams of strontium-90 were present in the
    8·1 answer
  • What is the solution to the equation StartFraction 1 Over h minus 5 EndFraction + StartFraction 2 Over h + 5 EndFraction = Start
    8·2 answers
  • Oishi and Schimmack (2010) report that people who move from home to home frequently as children tend to have lower than average
    5·1 answer
  • Yesterday,it's was negative 7 degrees Fahrenheit outside today, it is 14 degrees Fahrenheit warmer. Click on today's temperature
    11·2 answers
  • Jamie was asked to make r the subject of the formula p=10(q-3r)/r Complete his answer
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!