Simply Savings Bank offers a simple interest rate of 10% per year. Compound Capital Bank offers an interest rate of 8% per year compounded continuously. If Shakira plans to invest $200 for 5 years, which bank should she choose?

She should choose the Simply Savings Bank, since she'll earn around 2 dollars more in comparison to the other bank.

Step-by-step explanation:

A simple interest rate account yields a return that follows the formula below:

Where C is the invested money, r is the interest rate and t is the elapsed time in years.

While a compound interest rate account yields a return that follows the formula below:

Therefore for the Simply Saving Bank she'll earn:

While the Capital Bank she'll earn:

She should choose the Simply Savings Bank, since she'll earn around 2 dollars more in comparison to the other bank.

  q

step-by-step explanation:

each line from a vertex to the midpoint of the opposite side is called a median. the point where the medians intersect, point q, is the centroid.

the centroid of δabc is point q.