is investing $4,000 at an interest rate of 5% (compounded annually) and $4,000 at an interest rate of 7% (compounded annually) always, sometimes, or never the same as investing $8,000 (the total of the two principals) at an interest rate of 6% (compounded annually)? why or why not? does it matter how long you leave it in the account?

explain using words and examples, and justify your answer.

Step-by-step explanation:

No, they are not always the same - the only time that they will be the same is after the first year:

$4000*1.05 + $4000*1.07 = $8480 = $8000*1.06

From there on, they will diverge. For example after the second year:

$4000*1.05^2 + $4000*1.07^2 = $8989.6

$8000*1.06^2 = $8988.8

After the third year:

$4000*1.05^3 + $4000*1.07^3 = $9530.672

$8000*1.06^3 = $9528.128

After the nth year:

The first option gives $4000*(1.05^n + 1.07^n)

The second option gives $8000*(1.06^n)

= $4000*(2)*(1.06^n)

= $4000*(1.06^n + 1.06^n)

Because 1.07^n - 1.06^n > 1.06^n - 1.05^n for n>1, the first option will be a better investment.

answer: yard ramps with a level off platform are typically 36 feet long. truck, rather than at an angle, enabling access to those pallets at the very back of the truck. if you are using your yard ramp to convert a loading dock into a drive-in door, we even at 60 inches (5 feet) high and a 30 foot ramp, the slope of the ramp will be less

step-by-step explanation: