Rick deposits $1,000 into an investment account which earns 4% annually. sally loans $1,000 to a friend, and the friend agrees to pay her $50 each year, and will return the $1,000 after 10 years.
determine the amount of money each person has after 10 years.
a. rick: $1,040; sally: $1,500 b. rick: $1,453.16; sally: $1,500 c. rick: $1,534.32; sally: $2,000 d. rick: $1,480.24; sally: $1,500 i know sally earns $1, but what about rick? ?

the amount of money rick earned can be solve using the formula:

F = P (1+ i)^n

Where F is the future money

P is the initial money

i is the interest rate

n is the time

F = 1000 ( 1 + 0.04)^10

F = $ 1,480.24

Sally

F = 1000 + (50)(10)

F = $ 1500

So the answer is D

answer: 1722

step-by-step explanation:

given: the mass of saturn=

the mass of mercury=

the number of times the mass of saturn is greater than the mass of mercury

hence, the mass of saturn is 1722 times greater than the mass of mercury.