Suppose Carla has $7000 to invest. Which investment yields the greater return over 4 years: 7% compounded quarterly or 6.85% compounded monthly?

a. They are the same.
b. The rate of 7% compounded quarterly is better.
c. The rate of 6.85% compounded monthly is better.

Answers

Answer 1

Answer:

The correct answer is B. The rate of 7% compounded quarterly is better.

Step-by-step explanation:

In the case of investment at 7% compounded quarterly, the final result after 4 years of investment arises from the following calculation:

X = 7000 x (1 + 0.7 / 3) 4x3

X = 9,232.16

Therefore, after 4 years of investment, the amount in the account would be $ 9,232.16.

In turn, in the case of the investment at 6.85% compounded monthly, the final result after the same investment period arises from the following calculation:

X = 7000 x (1 + 0.685 / 12) 4x12

X = 9,199.33

Thus, in this case, the amount in the account after 4 years of investment would be $ 9,199.33.


Related Questions

answer fast!!!
A middle school took all of its 6th grade students on a field trip to see a play at a theater that has 3100 seats. The students filled 32% of the seats in the theater. How many 6th graders went on the trip?

Answers

Answer:

992

Step-by-step explanation:

Answer:

38%

Step-by-step explanation:

1178 / 3100 = 0.38

38%

Tickets numbered 1 to 20 are mixed up and then a ticket is drawn at random.
Find the probability that the ticket drawn has a number which is a multiple of 5:

Answers

Answer:

1/5

Step-by-step explanation:

4/20 is how many multiples of 5 are in the total out of 20. 4/20 simplified is 1/5

F(x)=4x+5whsts the value of. F(-3). Is




Answers

Figure out the value

Answer:

F(-3) = -7

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Algebra I

Function Notation

Step-by-step explanation:

Step 1: Define

F(x) = 4x + 5

F(-3) is x = -3

Step 2: Evaluate

Substitute:                    F(-3) = 4(-3) + 5Multiply:                        F(-3) = -12 + 5Add:                              F(-3) = -7

Ava bought 1.7 lb of plums and 7.2 lb of peaches how many was her total. Plums:$0.23. per pound peaches:$1.22 per pound​

Answers

Answer:

0.391+8.42=8.811

8.811 in dollars is 10.42 United States Dollars

Step-by-step explanation:

Your answer is 10.42 c:

Which of these figures shows parallel lines? Help please

Answers

Answer:

B a parrelel line means there not inerscting

Step-by-step explanation:

An 8-quart jug of water costs $6.08. What is the price per cup?

Answers

Answer:

$0.19 cents

Step-by-step explanation:

First, find how many cups are in 8 quarts.

1 quart is 4 cups, so to find the number of cups, multiply 8 by 4:

8(4)

= 32 cups

Then, to find the price per cup, divide the cost by the number of cups:

6.08/32

= 0.19

So, the price per cup is $0.19 cents

Here is five number cards

Answers

Answer:

Thank you

Step-by-step explanation:

Answer This Question For Brainliest, Tip: It has to be right for brainliest

Answers

Answer:

B.

Step-by-step explanation:

Hope dis helps! :) I know for a fact its correct.

Answer:

The Correct answer for this question is B.

I hope this helps you answer this question.

:)

Please help!
Part A: Which quantity is the independent variable?
Part B: Which quantity is the dependent variable?
Part C: Which graph is scaled appropriately for this situation?

Answers

Answer:

oooooooooooo

Step-by-step explanation:

mark me as a brainlist

what is h(5)=-5²+3×5

Answers

Answer:

the answer will be -10.

Write 2 equivalent ratios for 24/30

Answers

Answer:

Two equivalent ratios are: 4:5 and 48/60.

Step-by-step explanation:

Well, you can divide on the first one, and multiply on the second one. Hope it helps!

Find the mean and the median of the data set. 31,32,36,31,30,35,33,30.

Answers

Answer:

Mean = 32.25

median = 31.5

Answer:

Median = 31.5

Mean  = 32.25

Step-by-step explanation:

Number of data = 8

Ascending order:

    30 , 30 , 31 , 31 , 32 ,  33 , 35, 36

Median = Average of 4th and 5th term

             = (31 + 32) / 2

              = 63/2

              = 31.5

Mean = Sum of all the observations /number of observations

         = (31 + 32 + 36 +31 + 30 + 35 + 33 +30) / 8

         = 258/8  

         = 32.25

Please help and don’t answer with random letters I actually need the answer
Multiply x ^ (3/4) * x ^ (1/5)
1) x ^ (4/9)
2) x ^ (3/20)
3) x ^ (11/20)
4) x ^ (19/20)

Answers

Answer:

the answer is 4) i think

Step-by-step explanation:

i'm not sure but what i know, if the base is the same number, u can just add the power. for example, the bases is the same number which is x, so u can just solve the power which 3/4 + 1/5 then u get answer.

p/s: sorry for my english

Now that you’ve created your hypotheses, it’s time to prove them. First, look at the sum of two rational numbers. Let’s say they are two rational numbers, x and y. Because they’re rational, they can be written as a ratio of integers. Let x = and y = , where a, b, c, and d are integers and b and d do not equal 0. The process for finding the sum x + y in terms of a, b, c, and d is shown. Statement Reason substitution Create common denominators. Simplify. Based on this sum and using the closure property of integers, what conclusion can you make about the sum of two rational numbers? Explain your answer.

Answers

The question is missing parts. Here is the complete question.

Now that you've created your hypotheses, it's time to prove them. First look at the sum of two rational numbers. Let's say they are two rational numbers, x and y. Because they're rational, they can be written as a ratio of integers. Let [tex]x=\frac{a}{b}[/tex] and [tex]y=\frac{c}{d}[/tex], where a, b, c and d are integers and b and d do not equal 0. The process for finding the sum x + y in terms of a, b, c and d is shown in the figure below.

Based on the sum and using the closure property of integers, what conclusion can you make about the sum of two rational numbers? Explain your answer.

Answer: The sum of two rational numbers equals a rational number.

Step-by-step explanation: Rational number is defined as a number that can be made by dividing two integers.

Closure Property of Integers states the sum or subtraction of two integers always gives an integer.

Using the definition of rational and expanding the property, we can conclude that the sum of two rational numbers will result in a rational number, as demonstrated in the table below.

(Conditionals)
TRUE OR FALSE:
If a number is a perfect square, then it has only 3 factors.

Answers

Answer:

False

I hope this helps!

Kareem made a shirt using 1/2 yards of blue fabric and 1/8 yards of red fabric. How many more yards of blue fabric did Kareem use

Answers

We subtract 1/8 from 1/2 because the question asks how many more yards.many more means you subtract. 1/2-1/8=3/8 :)

HELP PLEASE!! NUMBER 6!!

You will get the brainiest if you can tell me how you did it, so I can finish doing them myself lol. If It comes back right, I will give it you instantly. Thank you very much.

Answers

Answer:

hey it's not clear....

answer fast and quickly plsss​

Answers

Answer:

C. 65°, 115°

Step-by-step explanation:

3x - 5 + 2x - 15 = 180

5x - 20 = 180

5x = 180 + 20

5x = 200

x = 200/5

x = 40

5x - 20 = 3*40-5 = 120 - 5 = 115

2x - 15 = 2*40 - 15 = 80 - 15 = 65

A monthly budget with expenses is shown.

MONTHLY BUDGET

for a family of three

in San Antonio, Texas

Rent

$870

Food

$550

PR Child care

$375

Transportation

$480

Utilities

$400

Insurance

$235

Savings

$400

Taxes

$290

Monthly total

Which equation can be used to determine y, the minimum amount of money a family must earn to meet the requirements of this budget for one year?

y = 3600 x 12

y = 3600 + 7

y = 3600 x 4

y = 360052

Answers

Answer:

[tex]y = 3600 * 12[/tex]

Step-by-step explanation:

Given: Breakdown of Monthly Budget

Required

Determine the equation that shows minimum earnings in a year

First, we need to get the sum of the given list of budgets:

[tex]Budget = 870 + 550 + 375 + 480 + 400+235+400 + 290[/tex]

[tex]Budget = 3600[/tex]

The are 12months in a a year; So, the yearly budget (y) is:

[tex]Yearly\ Budget = Monthly\ Budget * Duration[/tex]

[tex]Yearly\ Budget = 3600* 12[/tex]

i.e.

[tex]y = 3600 * 12[/tex]

Estimate the area of the inregular shape. Explain your method and show your work.
Please help 100 points and brainliest

Answers

Estimation : 27.5 square units

From the above coordinates: a = 7 length units, b = 4 length units and h = 5 length units. Therefore, approximate area = [(7+ 4)/2]*5 = 27.5 square units.

Hope it helps.

Type the following fractions in order from greatest to least:

5/4, 4/10, 5/12, ¼, 11/12


Write the decimals in the boxes from greatest to least:

0.5, 0.91, 0.04, 0.89, 0.51

Answers

Answer:

Just put the greatest number first and then the second greatest etc

how would i slove for x??

Answers

Answer:

x=12

Step-by-step explanation:

First you need to find the 3rd angle.

180-118=x

x=62

Once you have that 3rd angle, set all the inside angles equal to 180

4x-6+5x+16+62=180 ---> set to 180

9x+72=180 -->combine like terms

9x=108 --> subtract 72 from both sides

x=12 -->divide both sides by 9

If a function f is increasing on (a,b) and decreasing (b,c), then what can be said about the local extremism of f on (a,c)?

Answers

Answer:

The point (b, f(b)) is a local maximum.

How many shelves did Andrew stock per hour?


A. 15


B. 24


C. 30


D. 12

Answers

Answer:

D

Step-by-step explanation:

look at one hour and you will see that when it is at one hour it is a little bit over 10 but not enough to be 15

plz mark me brainliest like the other person didnt even explain.

An 8-foot piece of twine costs $5.76. What is the price per inch?

Answers

Answer:

$0.06

Step-by-step explanation:

First, find how many inches are in 8 feet.

Since 1 foot is 12 inches, multiply 8 by 12:

8(12)

= 96

Then, to find the price per inch, divide the price by the number of inches:

5.76/96

= 0.06

So, the price per inch is $0.06

Answer:

$0.06

Step-by-step explanation:

There are 12 inches in a foot, and there are 8 feet all together, meaning there is 96 inches for $5.76.

Divided the cost y the number of inches to get the cost per inch,

5.76 divided by 96 = 0.06.

Use the inequality below to find the value of r .
150 - 5 r ≥ 87.5

a. r ≥ 12.5
b. r ≤ 12.5
c. r ≥ -(12.5)
d. r ≤ -(12.5)

Answers

.....the answer is d

To demonstrate probabilities, a mathematics teacher had students draw cards from a bag which contained 26 red cards and
26 black cards. During class, the bag was dropped, and 5 red cards and 1 black card were lost.
Tell whether the loss of cards changes the probability of drawing a black card from the bag.
If so, was the probability increased or decreased? Support your answer by calculating the probability for each situation.

Answers

Answer:

decreased

Step-by-step explanation:

The density D of an object is the quotient of its mass m and its volume v

Answers

To find Density you have to divided mass (grams)/volume (mL)

A candy store sells caramels for $9/pound and chocolate for $12/pound. How much more is the cost of 2 pounds of caramel than 1.5 pounds of chocolate? *Show your work*

Answers

Answer:

The caramel is $0 more than the chocolate. In other words, they cost the same.

Step-by-step explanation:

Since we have 2 pounds of caramel and caramel costs $9/pound, the cost of 2 pounds of caramel can be found by this equation:

2lbs · $9 = $18

Since we have 1.5 pounds of chocolate and chocolate costs $12/pound, the cost of 1.5 pounds of chocolate can be found by this equation:

1.5lbs · $12 = $18

To find how much bigger the cost of caramel is than that of chocolate, we will subtract the total cost of the chocolate from the total cost of the caramel.

$18 - $18 = $0

Combine like terms: 4 - 3m - 1 + 2m

Answers

Answer:

-m+3

Step-by-step explanation:

4 - 3m - 1 + 2m

4-1-m

-m+3

Other Questions
(c) What is the value of p if 4x + 20x + p is aperfect square describe a city in the german language Why do you think the quality of life does not have any absolute measurement yard stick? Explain with examples 2/v+1/w+1/2 solve for v What is the solution to this inequality?4x + 2 5 -14 or 3x-5 > 16OA.X3-4 or x>7OB.-45x8OD.x=-4 The following scale drawing was made for a home that is for sale. Use this information to answer the problem.A.)1 in. by 1.5 in.B.)36 in. by 54 in.C.)2 in. by 3 in.D.)18 in. by 27 in. Click below for question! THANKS FOR ALL YOUR HELP GUYS! Which equation is equivalent to 4 - 6(3 - 2x) = 3(x - 4)?a. 15x= -2 b. 5x=-10 c. 9x=2 d. 15x=2 DUE 10:00 PM HELP ASAP. When Sarah left your house this morning her cell phone was 80% charged and then it started to lose 8% charge for each hour there after write an equation for B in terms of tea representing the charge remaining in series battery as percentage tea hours after Sara left her house Hey can any of yall give me a short summary of the battle of hastings please? "21st century education is indispensable at present scenario of the world" elaborate your idea about the statement by comparing it with the conventional way of learning. [write at least 250 words] i will troll ur onlince class , give me information A. Write the spelling word that best completes each sentence.1. Be careful in the kitchen because theis hot.2. The windy storm hasaway my umbrella!3. I had aof energy and cleaned my room.4. Did the system restart andup yet?5. Myfollows me when the sun is out.6. I will be filled withwhen summer is over.7. The small boy could reach that shelf because it was8. The soccer player made aright before the buzzer.9. The rubberof my sneaker keeps me from slipping.10. There wason the bathroom ceiling from all the humid air. Fill in the blank with the correct conjugation of the verb in parentheses.Yo _____ (aprender) espaol.-aprendes-aprendo-aprende-aprendemos Examine the following situations. Decide whether the search violates the Fourth Amendment. Explain your decisions.A. The police see Dell standing at a bus stop in an area known for drug dealing. They stop and search him, finding drugs in his pocket.B.) After Brandon checks out of a hotel, the police ask the hotel manager to turn over the contents of the wastebasket, where they find notes planning a murder.C.)Jills ex-boyfriend breaks into her apartment and looks through her desk for love letters. Instead he finds drugs, which he gives to the police. i hated studying grammar when I was in school. how does the phrase studying grammar function? WILL MARK brainiest answer what is 22.680 rounded Today, everything at a store is on sale. The store offers a 20% discount.a. The regular price of a T-shirt is $18. What is the discount price?Type the answer in the box below.$ b. If the regular price of an item is x dollars, what is the discount price in dollars?Type the correct expression in the box below.$$c. The discount price of a hat is $18. What is the regular price?Type the answer in the box below.$ (8.4C) Ken has a weekly goal for the number ofcalories he will burn by taking brisk walks. Theequation y = -300x + 2400 represents thenumber of calories, y, Ken has left to burn afterx hours of walking. What is the slope in thissituation?