Mathematics College

One year ago, Lindsey deposited $250 into a savings
account. Her balance is now $253. Two years ago, Jenn
deposited $250 into a savings account. Her balance is
now $257.50. Which account has the greater simple
interest rate? Explain.

One Year Ago, Lindsey Deposited $250 Into A Savingsaccount. Her Balance Is Now $253. Two Years Ago, Jenndeposited

Answers

Answer 1

Answer:

Jenn's account

Step-by-step explanation:

Given that:

LINDSAY'S ACCOUNT :

Principal = amount deposited = $250

Final Amount after 1 year = $253

Period (t) = 1 year

JENN'S ACCOUNT :

Principal = amount deposited = $250

Final Amount after 2 years = $257.50

Period (t) = 2 year

Using the relation :

A = P(1 + rt)

A = final amount ; r = interest rate ; t = time

Lindsay :

253 = 250(1 + r(1))

253 = 250 + 250r

253 - 250 = 250r

3 = 250r

r = 3/250

r = 0.012 ; (0.012 * 100) = 1.2%

Jenn:

257.50 = 250(1 + r(2))

257.50 = 250 + 500r

257.50 - 250 = 500r

7.50 = 500r

r = 7.50/500

r = 0.015 ; (0.015 * 100) = 1.5%

Hence, JENN'S deposit has the greater interest rate. (1.5 > 1.2)%

Answer 2

Answer:Sample response:Lindsay’s interest is $3 for one year. Using the formula for interest, I = prt, Lindsey’s money is earning at a rate of 1.2%. Jenn has earned $3.75 for one year. Her money is earning at a rate of 1.5%, which is a higher interest rate.

Step-by-step explanation: please make me brainliest

Related Questions

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228 employees in total

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Answers

Answer:

210%

Step-by-step explanation:

dat was too easy

Answer:

210% or 21% or 2.10%

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Answers

Answer:

3

Step-by-step explanation:

The required coordinates of point B are (18, -15) where AB has endpoint A (2,13) and midpoint (10, -1).

What is the midpoint?

The midpoint formula states that the coordinates of the midpoint of a line segment with endpoints (x₁, y₁) and (x₂, y₂) are given by the formula (x₁ + x₂)/2, (y₁ + y₂)/2.

As per the question, we are given that AB has endpoint A (2,13) and midpoint (10, -1)

We can use these coordinates to find the coordinates of point B, which is the midpoint of line segment AB.

Let the coordinates of B would be (x, y)

Substituting the coordinates of points A into the midpoint formula gives us :

10 = (x+2)/2 ; -1 = (y+13)/2

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Therefore, the required coordinates of point B are (18, -15).

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For the line that passes through Y(3,0), parallel to ↔DJ with D(-3,1) and J(3,3) I need to find the slope and to write a point slope form

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Answer:

Step-by-step explanation:

2/5

do the run over rise

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Convert 5700 milligrams into pounds. Round your answer to the nearest hundredth.

Answers

The value of the 5,700 milligrams in pounds is approximately 0.01 lb

What is a unit of measurement?

A unit of measurement is a specified magnitude of a quantity that is accepted and adopted by convention or backed by law, and used as a measurement standard.

In other to successfully convert a quantity in one unit to another unit, both units (initial and destination unit) should refer to the same characteristics of the object being measured.

Once both units are confirmed to refer to the same quantity, conversion factors are used to multiply the quantity in the first unit in order to express it in the other unit.

The given parameters are;

The quantity to be converted to pounds = 5,700 milligrams

The factor of conversion is 1,000 mg ≈ [tex]2.205 \times 10^{-6}[/tex] lb

Therefore;

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Therefore, to the nearest hundredth, we have;

5,700 mg ≈ 0.01 lb

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IF you do this for points YOU WILLLL NOT BE BRAINLEST AND YOU HAVE 1 HOUR IF IT IS LESS THAN AN HOUR NO ONE WILLL BE BRAINLEST !!!!!!!!!!!



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Answers

21 is the number missing.

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Answer:

21

Step-by-step explanation:

It is going by multiples of 7, so the answer is 21.

Question
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Step-by-step explanation:

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Group of answer choices

y=3x+5

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Answers

9514 1404 393

Answer:

y=(-1/3)x+6y=(-1/3)x+10

Step-by-step explanation:

The slope of the given line can be found from the slope formula:

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__

Choices (c) and (d) have x-coefficients that are -1/3. Those are the perpendicular lines.

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Answers

Answer:

5/6

Step-by-step explanation:

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I hope this helps!

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Plz help with question

Answers

Answer:

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Step-by-step explanation:

Isosceles triangles have congruent base angles, so base angle A and B should both be the same number. (25)

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Answers

Answer:

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Step-by-step explanation:

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Answers

Answer:

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Answers

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

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Answer:

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Please help w/ all and leave a small explanation please! :)

Answers

A: y=2x+6
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As x increases by 3, y increases by 6 so the slope is rise/run so it would be 6/3 and simplify so it’s gonna be 2.
b of the y=ax+b is y-int so it’s a y value when x is 0 so in this case, 6.

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Answers

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Step-by-step explanation:

search it up its simple

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Answers

Answer:

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Step-by-step explanation:

hope it helps!

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Step-by-step explanation:

Got it right on unit review

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9514 1404 393

Answer:

  y = ∛(x -4) -1

Step-by-step explanation:

The transformation ...

  g(x) = f(x -h) +k

translates the graph of f(x) h units to the right and k units up. Here, the cube root function is translated 4 units right and 1 unit down, so h=4 and k=-1. Putting those into your equation gives ...

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Summer Earnings Jobs Hours Worked Earnings 6 Mowing Yards Delivering Newspapers Washing Cars $42 4 ney, in dollars and cents, did Kamron earn per hour for mowing yard +/-​

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good monke good monke dog

Answers

Answer:

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Step-by-step explanation:

Answer:

monke

Step-by-step explanation:

At 5:00 p.m., Antonio turned on the oven. While the oven preheated, the temperature in the oven increased from 72°F to 400°F over a 10-minute period. The oven remained at 400°F for 45 minutes until Antonio turned it off. It took 60 minutes for the temperature in the oven to cool, returning to 72°F at 6:55 p.m. Which statement best explains whether or not the temperature in the oven is a function of the time?

Answers

Answer: It is a function because at any given time the oven was exactly one temperature.

Step-by-step explanation:

It is given that:

At 5:00 p.m., Antonio turned on the oven.

The oven remained at 400°F for 45 minutes until Antonio turned it off.

It took 60 minutes for the temperature in the oven to cool, returning to 72°F at 6:55 p.m.

Find m Question below

Answers

Answer:

104 deg

Step-by-step explanation:

A central angle has the same measure as the arc it intersects.

m<JKL = m(arc)JJ = 104 deg

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