Mathematics, 05.05.2020 01:56 weeblordd
Herky and Elaina want to compare their investment accounts to see how much they will have in the accounts after eight years
They substitute their values shown below into the compound interest formula.
|
Name
Herky
Elaina
Principal
$500
$400
Compound Interest Accounts
Interest Rate Number of Years
5%
8
6%
A = P(1 + r)
Compounded
Once a year
Once a year
Which pair of equations would correctly calculate their compound interests?
Herky: A - 500(1+0.08) 5. Elaina: A-400(1+0.08)
Herky: A-(500x 1) +(0.05) Elaina: A - (400x 1) +(0.06)
Herky: A - 500(1+0.05) 8 Elaina: A - 400(1+0.06) 8
Herky A - (500x 1) +(0.05) Elaina: A-(400 x 1)+(0.05)
Answers: 2
Mathematics, 21.06.2019 17:30
Someone this asap for a group of students attends a basketball game. * the group buys x hot dogs at the concession stand for $2 each. * the group buys y drinks at the concession stand for $3 each. the group buys 29 items at the concession stand for a total of $70. how many hot dogs did the group buy?
Answers: 2
Mathematics, 21.06.2019 23:00
Find the distance between the pair of points a(-1,8) and b(-8,4)
Answers: 1
Herky and Elaina want to compare their investment accounts to see how much they will have in the acc...
Physics, 20.09.2020 14:01
Mathematics, 20.09.2020 14:01
Biology, 20.09.2020 14:01
English, 20.09.2020 14:01
Mathematics, 20.09.2020 14:01
Advanced Placement (AP), 20.09.2020 14:01
History, 20.09.2020 14:01