Josh and Raheem both invest some money.
Josh invests £1200 at Banks’R’us, who pay 4% simple interest per year.
Raheem invests £1250 at Bank World who pay 3% compound interest per year.
They invest the money for 5 years.
Who has the most money in their account after 5 years?

;v;

Answers

Answer 1

Answer:

Raheem

Step-by-step explanation:

Josh :

using simple interest formula :

Final amount = P(1 + rt)

Final amount = 1200(1 + 0.04*5)

Final amount = 1200(1.2)

Final amount = £1440

Raheem :

Using compound interest formula :

Final amount = P(1 + r/n)^nt

Final amount = 1250(1 + 0.03)^5

Final amount = 1250(1.03)^5

Final amount = £1449.09

Raheem has more money


Related Questions

12. Three friends went to an ice cream parlor for ice cream. They each paid $3.51 for their ice
cream, including an 8% sales tax.
What was the total cost of all three bowls of ice cream before tax was added?
$

Answers

Answer:

total cost - $3.23 per icecream cone no tax // cost is $9.69 all 3 ice cream cones no tax // solve by multiplying .08 by $3.51. you get .28 // subtract that from $3.51 to solve

can you please give me the real answer -42 = n/7 will give u 5 star rating

Answers

Step-by-step explanation:

Sent from my Huawei to the one who makes me so happy in my life thx for everything happy 6 months together baby and I love you so much ik I am so glad you are the one to thank for your life and your

The answer is :

n = - 343

Help I will be marking brainliest!!!

A. 201.32
B. 37.24
C. 96
D. 126.32

Answers

Answer:

96

Step-by-step explanation:

su=153

ts=57

su-ts=tu

153-57=96

tu=ou

ou=96

Answer:

A

Step-by-step explanation:

Find length of segment > Been so long i did this problem

How I get answer by simplify

SU = 153

Multiply to CO =75

Divide that 57

Which get 201.31 ,But your question round nearest hundredth

201.32

Answer : A

~~~~~~~~~~~~~~~~~~~~~~~

" Problem it said look carefully" Round nearest hundredth

Point $Y$ is on a circle and point $P$ lies outside the circle such that $\overline{PY}$ is tangent to the circle. Point $A$ is on the circle such that segment $\overline{PA}$ meets the circle again at point $B$. If $PA = 15$ and $PY = 9$, then what is $AB$? [asy] unitsize(2 cm); pair A, B, P, Y; Y = dir(130); A = dir(20); B = dir(180); P = extension(Y, Y + rotate(90)*(Y), A, B); draw(Circle((0,0),1)); draw(Y--P--A); label("$A$", A, E); label("$B$", B, SW); label("$P$", P, W); label("$Y$", Y, N); [/asy]

Answers

Answer:

48/5

Step-by-step explanation:

By power of a point on P, we have PB * PA = PY^2. Therefore,

PB = PY^2/PA = 9^2/15 = 27/5. Then AB = PA - PB = 15 - 27/5 = 48/5

help me pls and thank you​

Answers

Answer:

B

Step-by-step explanation:

2.25-2.25 is zero, the others have nothing to do with zero. A is a "distractor", but it ends up being 20.

3x-4y=16 slope and intercept form

Answers

Answer:

y=3/4x-4

Step-by-step explanation:

The form is y=mx+b so isolate y

-4y=16-3x

y=-16/4-3x/-4

y=3/4x-4

Answer:

y = 3/4x - 4

Step-by-step explanation:

Slope intercept form: y = mx + b

3x - 4y= 16

-4y = 16 - 3x

4y = -16 + 3x

y = -4 + 3/4x

y = 3/4x - 4

Can someone please give me a simple explanation on exponential functions? I need to write a one page essay over what it is

Answers

Answer:

The exponential function is one of the most important functions in mathematics (though it would have to admit that the linear function ranks even higher in importance). To form an exponential function, we let the independent variable be the exponent. A simple example is the function

Step-by-step explanation:

What number represents the same amount of 2 hundreds, 14 tens, and 3 ones.

Answers

Answer:

i think the answer would be 343?

Step-by-step explanation:

(05.05)On the coordinate plane below, what is the length of AB?







O 8 units
9 units
13 units
14 units

Answers

The answer to this would be 14 units hope it helps :)


Green Leaf Lawn Care had 64 customers under contract at the start of the year. The company's owner expects his new radio advertisements will attract 2 new customers every week.
the radio commercials produce new customers exactly as the owner expects, which of these equations represents the number of customers ( Green Leaf Lawn Care will have after w weeks

Answers

Answer:

C. c = 64 + 2w

Step-by-step explanation:

You're starting with 64 customers and you're gaining 2 for each week.

good luck, i hope this helps :)

Sam has striped and spotted socks in his draw in
the ratio 3:7. He has 6 striped socks.
How many spotted socks does he have?​

Answers

Answer:

14 spotted socks

Step-by-step explanation:

Sam has 3 units of striped socks and 6 of them.

Find one unit.

3 units = 6

1 unit = 6 ÷ 3 = 2

Sam has 7 units of spotted socks.

7 units = 2 x 7 = 14

PLEASE HELP ME!!PLEASE HELP ME!!!!!

Answers

Answer:

The actual dimensions would be 3.375 feet by 3.5 feet. The area of the room would be 11.8 square feet.

Step-by-step explanation:

3n - 2 + 5n, when n = 4

Answers

Answer:

30

Step-by-step explanation:

3n-2+5n=8n-2

8(4)-2=32-2=30

Answer:

12 - 2 = 10 + 20 = 30

Already simplified it.

write a equation for the following phrase 3 times a number plus 6 equal 9?

Answers

Answer:

3n + 6 =9

I hope im right!!

3n+6=9 is the answer of your work

When you have an x value of zero in a point like this one (0,8) where is the point located on the graph? When you have a y value of zero in a point like this ( -3,0) where is the point located on the graph?


plz explain

Answers

Answer:

well I don't have a picture to explain it but (0,8) would be on the y axis and 8 on the x-axis ( it would go up 8 times and stay on the same line)

it would be -3 on the y axis and it wouldn't move up or down (move 3 points to the left)

Step-by-step explanation:

(x,y) when the x is 0 it doesn't move on the x-axis (left or right) and when it is 0 it doesn't move on the y-axis (up or down)

hope that makes sense!

1.) What is the average rate of change between x=2 and x=5?


2) What is the average rate of change between x=3 and x=6?


3) What is the average rate of change between x=2 and x=4?

Answers

Answer:

Rate of change = 150%

Rate of change = 100%

Rate of change = 100%

Step-by-step explanation:

Find:

Rate of change

x=2 and x=5

x=3 and x=6

x=2 and x=4

Rate of change = [(5-2)/2]100

Rate of change = 150%

Rate of change = [(6-3)/3]100

Rate of change = 100%

Rate of change = [(4-2)/2]100

Rate of change = 100%

Answer:

2 4 8         next : increases

Step-by-step explanation:

-. A scale model of an oil tanker truck can hold 1 gallon of oil. If a trucking company wants the full size-truck to hold 8,000 gallons of oil, what scale factor must they apply to the model.

Answers

Answer: 8,000

Step-by-step explanation:

If the scale model can only hold 1 gallon of oil but the full size truck needs to hold 8,000 gallons, you can find a relevant scale factor using cross multiplication:

1          :         1

x         :       8,000

x = 8,000

They should apply a scale factor of 8,000.

The scale factor that they must apply to the model is 1 is to 8000.

How to calculate scale factor:

A scale factor of a given quality is what is multiplies the quantity to give a total.

The original content of the oil tanker truck is 1 gallon

The new full size truck is to hold 8000 gallons

That is 1 × 8000 of the old oil tanker truck.

Therefore, the scale factor that they must apply to the model is 1 is to 8000.

Learn more about scale factors here:

https://brainly.com/question/10253650

Write a fraction in which the numerator and denominator are both greater than 9. Then write the fraction in simplest

form

C2

WRITER

I

Answers

Answer:

10/15

simplest form:2/3

Step-by-step explanation:

Giving BRAINLIEST for whosoever answers first.

Answers

Answer:

hiiii

Step-by-step explanation:

im not sure

Answer:

5+X=m hope this helps!

Step-by-step explanation:

14 deliveries in 7 hours =
deliveries per hour?

Answers

Answer:

2

Step-by-step explanation:

14/7=2

Answer: 2 deliveries per hour.

Explanation: 14 ÷ 7 is 2. You can also check it by doing 2 x 7 to equal the 14 deliveries in 7 hours.

find the length of the third side of the right triangle!!!!

Answers

Answer:

8

Step-by-step explanation:

There are two ways to solve this!

1. Use the Pythagorean Theorem

a^2 + b^2 = c^2

6^2 + b^2 = 10^2

100 - 36 = b^2

64 = b^2

8 = b

2. Shortcut using 3-4-5 triangles

A 3-4-5 triangle has to do with the ratios of each side.

In this case, it's 6-8-10, as each number is multiplied by two with the same 3-4-5 ratio. This is a good shortcut for these types of problems and will be handy on tests like the SAT as well! :)

At the World Cup, 25% of the teams are from South American countries. If there are 40 teams in the World Cup, how many are from South American countries? Construct a double number line if needed.

Answers

Answer:

10

Step-by-step explanation:

100% = 40 teams

1% = 40 ÷ 100 = 0.40

25% = 0.40 x 25 = 10

Answer:

10

Step-by-step explanation:

100%/4=25%

40/4=10

You have to divide 100% by 4 because 25 goes into 100 four times.

What ever you do on the bottom or top you to do it top or bottom.

So 40 divide by 4 is 10.

Then you have you answer.

the ratio of distilled water to ammonia is 50/1 . How are the ratios in related to this ratio​

Answers

Let’s say your using pints. For every 50 pints of distilled water there is one pint of ammonia. Equal to 50/1

FIND M∠R (GIVING BRAINLIEST, 25 PTS)

Answers

Answer:

76

Step-by-step explanation:

to understand thisyou need to know about:trianglesequationPEMDASgiven:[tex]M\angle T=2x+2[/tex][tex]M\angle R=3x+1[/tex]tips and formulas:this is an isosceles triangle since two sides are equal therefore [tex]\angle T=\angle S[/tex]a triangle contains 180°let's solve:

according to the question

2x+2+2x+2+3x+1=180

solve:

collect like terms:7x+5=180substract 5 from both sides:=>7x+5-5=180-5=>7x=175divide both sides by 7: =>7x/7=175/7x=25

given:

M∠R=3x+1

substitute the value of x

3×25+1

75+1

76

Answer:

M∠R=76°

Step-by-step explanation:

First, I realized that ∠S was equal to ∠T, meaning ∠S=2x+2. I then added all 3 angles together and set them equal to 180, seeing the angles of a triangle must add up to 180 (2x+2+2x+2+3x+1=7x+5=180)

After that, I subtracted 5 from 180 and then divided by 7 to get x=25. I then solved the equation 3x+1 by plugging 25 in for x and ended up with 76 as my final answer.

Problem: A pole is being held up with a 10 meter rope. The cable is making a 42° of elevation from the ground to
the top of the pole. What is the distance from the base of the pole to the base of the rope ? Round your answer
to the nearest tenth of a meter.

Answers

Answer:

x = 7.4

Step-by-step explanation:

cos(42°) = x/10 or distance from bases / rope length

Using the calculator find the value of cos(42°):

cos(42°) = 0.74 = x/10

Find x using the value of cos(42°):

x/10 = 0.74

x = 7.4

Find x when y = 2 for the following equation: y = 6x + 8
PLS HELP ASAP

Answers

y = 6x + 8

2 = 6x + 8

2-8 = 6x

6x = -6

x = -1

What is the answers the question (a - b)^2

Answers

Answer:

(a-b)²

a²+b²- 2×a×b

a²+b² - 2ab

what is the domain of the function a^x

Answers

Answer:

The domain of a function is the complete set of possible values of the independent variable. In plain English, this definition means: The domain is the set of all possible x-values which will make the function "work", and will output real y-values.

Step-by-step explanation:

Answer:

The domain of a function is the set of all possible inputs for the function. For example, the domain of f(x)=x² is all real numbers, and the domain of g(x)=1/x is all real numbers except for x=0.

Step-by-step explanation:

Identify the input values.

Since there is an even root, exclude any real numbers that result in a negative number in the radicand. ...

The solution(s) are the domain of the function.

determine whether each statement is true or false. QR > ST
m m m

Answers

Answer:

FALSE

Step-by-step explanation:

QR is NOT greater than ST

The image shows that QR = 9 and ST = 10.

Ten's obvi the bigger number so insted of QR > ST it should be QR < ST.

hope this helps :)

the price of a coke in 1960 was $0.10. it now costs $0.83. find the percent of change.

Answers

73%?
(Not really sure I’ve never worked with percentages)
The answer would be 0.83-0.10=0.73 which is ~73%~

Hope this helps

Have a great day/night

Feel free to ask any questions
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