Gino and Milla each open a savings account with an initial deposit of $6,300. Gino's account pays 2% simple interest annually. Milla's account pays 3% simple interest annually. If Gino and Milla make no other deposits or withdrawals, how much more interest will Milla's account earn than Gino's after 1 year?

Answers

Answer 1

Answer:

Milla's account would earn $63 more that Gino's account after 1 year.

Step-by-step explanation:

Both Gino and Milla made an initial deposit of $6300.

Principal = $6300

Gino's rate = 2% = 0.02

Milla's rate = 3% = 0.03

number of years = 1

Interest = Principal x Rate x Time

So that,

for Gino;

Interest = 6300 x 0.02 x 1

            = 126

The interest on Gino's savings after a year is $126.

for Milla;

Interest = 6300 x 0.03 x 1

             = 189

The interest on Milla's savings after a year is $189.

Milla's interest - Gino's interest = 189 - 126

                                                   = 63

Milla's account would earn $63 more that Gino's account after 1 year.


Related Questions

2. Ashley had a summer lemonade stand where she sold small cups of lemonade for $1.25 and large
cups for $2.50. If Ashley sold a total of 155 cups of lemonade for $265, how many cups of each
type did she sell?

Answers

Answer:

[tex]\boxed {\boxed {\sf 98 \ Small \ Cups}}\\\\\boxed {\boxed {\sf 57 \ Large \ Cups}}[/tex]

Step-by-step explanation:

Let's make a system of equations.

First, define the variables.

Let s= small cups and g= large cups

Next, make 2 equations. 1 for the money and 1 for the number of cups.

Money

A small cup costs 1.25 and a large cup costs 2.50. The total money made is 265. 1.25s+2.50g=265

Number

A total of 155 cups of lemonade were sold. The sum of small cups and large cups sold will equal 155. s+g=155

Here is our system of equations:

[tex]1.25s+2.50g=265 \\s+g=155[/tex]

Now, solve. Let's isolate a variable in the 2nd equation, so we can plug it in after.

Subtract g from both sides of the equation. s+g=155 s+g-g=155-gs=155-g

Now we know that s is equal to 155-g. We can substitute (155-g) in for s in the first equation.

[tex]1.25s +2.50g=265[/tex]

[tex]1.25(155-g)+2.50g=265[/tex]

Distribute the 1.25

1.25(155-g)= (1.25*155)+ (1.25*-g)= 193.75-1.25g

[tex]193.75-1.25g+2.50g=265[/tex]

Work to isolate the variable. Subtract 193.75 from both sides of the equation and combine like terms on the left.

[tex]193.75-1.25g+2.50g=265-193.75[/tex]       (Subtract 193.75)

[tex]-1.25g+2.50g=265-193.75[/tex]      

[tex]1.25g=71.25[/tex]      (Combine like terms).

1.25 and g are being multiplied. The inverse of multiplication is division. Divide both sides by 1.25

[tex]1.25g/1.25=71.25/1.25\\g=71.25/1.25\\g=57[/tex]

Now we know that 57 large cups were sold. Plug 57 back into the original second equation to find the small cups.

[tex]s+g=155[/tex]

[tex]s+57=155[/tex]

Subtract 57 from both sides of the equation to isolate the variable, s.

[tex]s+57-57=155-57\\s=155-57\\s=98[/tex]

Ashley sold 57 large cups and 98 small cups.

small cup she sold = x = 98

large cup she sold = y =57

What is the value of 7 in 46.897

Answers

Answer:

If your asking its place value its Thousandths

Step-by-step explanation:

.1 is tenths

.01 is hundredths

.001 is thousandths

It is 49,280 yards from Topeka to Tonko. How many miles
is this?

Answers

Answer:

Step-by-step explanation:

1 yard = 0.000568 miles

49280 yards = 28 miles

1 mile = 1,760 yards

Divide total feet by 1760

49,280 / 1760 = 28 miles.

Solve the equation for y.
10x -4y = -20

Answers

Answer:

y=5+5/2x

Step-by-step explanation:

Can somebody plz answer this math problem correctly thanks!

WILL MARK BRAINLIEST :D

Answers

Answer:

Ellen and Blake answered 20 questions correctly since Ellen had 0.8 correct and that is 80% same with Blake

Stephen scored a .84 or an 84%

I hope this helps :)

Step-by-step explanation:

plz mark B R A I N L I E S T

Answer:

Stephen: 21

Ellen: 20

Blake: 20

Step-by-step explanation:

If youre looking for more in depth answers:

Stephen received a 21 / 25 (84%)

Ellen received a 20 / 25 (80%)

Black received a 20 / 25 (80%)


Yyhhjfffghjjgdrttyhhhftthvfrtgvfffgf

Answers

Answer: So the star equals 4 and the triangle equals 1

Step-by-step explanation:

Answer:
(4,1)

Explanation:
Stars = 4
Triangles =1

Use the sine rule to calculate BC :)

Answers

Answer:

BC≈12.2

Step-by-step explanation:

As we know

24/sin(100°)=BC/sin(30°)

BC=sin(30°)×24/sin(100°)

BC=1/2×24/sin(100°)

BC=12/sin(100°)

BC=12.2 (approximately)

Answer:

BC≈12.2

Step-by-step explanation:

Hope this helped have an amazing day!

Helpppppppppppppphxhxhxhxhx

Answers

Answer:

C  [tex]\frac{48}{70}[/tex]

Step-by-step explanation:

Option C - [tex]\frac{48}{70}[/tex] is incorrect because when multiplying the numerator and denominator of the fraction [tex]\frac{7}{10}[/tex] by 7, you’re suppose to get [tex]\frac{49}{70}[/tex].

What set of transformations could be applied to rectangle ABCD to create A'B'C'D'?

Answers

Answer: C :>

Step-by-step explanation:

Answer:

the answer is number 3

i will mark you as brianilest The school band sold T-shirts to raise money for an upcoming trip. The band sold 400 T-shirts on Saturday and on Sunday, it will sell 30 percent of that amount. Which statements are true about the number of T-shirts that the band will sell on Sunday? check that all apply A. the answer will be less than 400 because 30 is less than 100 B. The answer will be greater than 400 because 300 percent is greater than 100 C. (100)(4)=400 so 30 (4) is the number of T-shirts the band will sell on Sunday. D. The band will sell 430 T-shirts on Sunday or E. The band will sell 120 T-shirts on Sunday.

Answers

Answer:

A and E

Step-by-step explanation:

A is correct because if you have less than 100 percent of something then the value will be less than the original value.

E is correct because 30 percent of 400 is 120 so the band will sell 120 t-shirts on Sunday.

Matt gets $0.10 every 2 days
How much does he get in 6 days?

Answers

Answer:

$0.30

Step-by-step explanation:

2 days = $0.10

6 days = [tex]\frac{6}{2}[/tex] × $0.10

           = $0.30

Been stuck on this for hours, it's the Law of Sines. 25 POINTS!!

Answers

Answer:

Step-by-step explanation:

(Sin27) / 11 = (sin x) / 15

cross multiply

15 sin27 = 11 sin x

keep in calculator as you divide 15sin27 by 11.

sin x = .6190779542

do sin ^ -1 (.6190779542) (It’s a key on the calculator.)

x = 38.25*

9514 1404 393

Answer:

  38.2°

Step-by-step explanation:

According to the equation you are give, ...

  sin(x)/15 = sin(27°)/11

Multiplying by 15 gives you ...

  sin(x) = 15·sin(27°)/11 ≈ 0.619078

The inverse sine function is used to find the angle x. It may show as sin⁻¹ on your calculator.

  x = arcsin(0.619078)

  x ≈ 38.2°

_____

Additional comment

x is shown in the figure as an acute angle, so that is the value we have chosen. The other angle that has sin(x) = 0.619078 is the supplement of this, or 141.8°. The two solutions are shown in the 2nd and 3rd attachments.

5. The price of a new gym bag is $37.00 plus 8% sales tax. What is the sales tax on this gym
bag in dollars and cents?

Answers

Answer:

$25.00 which is $24.50

Step-by-step explanation:

Changes made to your input should not affect the solution:

(1): Dot was discarded near "x.s".

(2): "37." was replaced by "(37/1)".

Unauthorized use of the imaginary unit "i" or syntax error in complex arithmetic expression

PLS I NEED HELP ASAP

Answers

Answer:

Answer C

.....,.................

I need quick help pls!!!

Answers

Answer:

It's the second one. 2/3 and 2/6

find the equation of the line . PLEASE HELP

Answers

Y=1/2x-3............

Which expression is equivalent to (q^4)^-3/q^-15 for all values of q where the expression is defined?

Answers

Answer: (h)q^3

Step-by-step explanation:

brainliest if correct1+1​

Answers

Answer:

11

Step-by-step explanation:

:>

Answer:

1+1=2 is the answer

Step-by-step explanation:

mark me as brainlist

2. Re-write the equation in slope-intercept form
y + 4 = -2(x + 3)

Answers

the correct answer:

y=-2x-10

explanation:

need a quick answer please

Answers

Answer:

5

Step-by-step explanation:

The answer would be 62 if it requires another 32 and explanation
Bababoey

Solve each system to find the answer

Answers

Given:

The system of equations is

[tex]5g+4k=10[/tex]

[tex]-3g-5k=7[/tex]

To find:

The solution of given system of equations.

Solution:

We have,

[tex]5g+4k=10[/tex]        ...(i)

[tex]-3g-5k=7[/tex]         ..(ii)

Multiply (i) by 5 and (ii) by 4.

[tex]25g+20k=50[/tex]        ...(iii)

[tex]-12g-20k=28[/tex]         ..(iv)

Adding (iii) and (iv), we get

[tex]25g-12g=50+28[/tex]

[tex]13g=78[/tex]

Divide both sides by 13.

[tex]g=\dfrac{78}{13}[/tex]

[tex]g=6[/tex]

Put g=6 in (i).

[tex]5(6)+4k=10[/tex]

[tex]30+4k=10[/tex]

[tex]4k=10-30[/tex]

[tex]4k=-20[/tex]

Divide both sides by 4.

[tex]k=-5[/tex]

So, the solution of the system of equation is (6,-5).

Therefore, the correct option is A.

Mrs. Rodriquez has 24 students in her class. Ten of the students are boys. Jeff claims that the ratio of boys to girls in this class must be 5:12. What is Jeff’s error and how can he correct it?

Answers

Answer:

See Below

Step-by-step explanation:

Total no of students = 24

No of boys = 10

So, no of girls = 24 - 10 = 14

Ratio of boys to girls = 10/14 = 5/7 = 5 : 7

So the ratio of boys to girls should be 5 : 7 and not 5 : 12

Ryan also earns money by selling colored watch bands with the watches he sells. The linear expression 100x – 50 models Ryan's additional income. What is the expression that models the new average profit, including the bands? Note: To obtain the new average profit expression, add the linear expression to the original rational expression. Write the new profit expression as one fraction.

Answers

Answer:

Average (additional) income = 100 - 50/x

Step-by-step explanation:

Ryan's additional income = 100x - 50 , where x = quantity of colored watch bands

Ryan's additional average income = Income / Quantity of watches sold

(100x - 50) / x

= 100 - 50/x

What is the discriminate?

Answers

so it’s basically asking for the difference

Help me please!!!!!!!

Answers

Answer:

yes

Step-by-step explanation:

that symbol means <= which means x is less than OR equal to  5/2

Did i do it correctly? if no please give the explanation and answer! :):):)

Answers

Answer:

yeah man good job im proud

Step-by-step explanation:

Answer:

You did a very good jod

Step-by-step explanation:

Hope this helped have an amazing day!

They will rest after they hike `2` miles. Then they will hike the remaining `1.75` miles to the lookout. The trail the hikers will use to return from the lookout is `0.5` miles shorter than the trail they will use to go to the lookout. Each hiker will bring `0.25` gallons of water for each mile to and from the lookout. What is the total amount of water each hiker will need to carry?

Answers

Answer:

1.75 gallons

Step-by-step explanation:

First, we need to calculate how far the hike is going up the trail. They first hike 2 miles and then another 1.75 miles after resting so...

2 + 1.75 = 3.75 miles

The trail is 3.75 miles long, the question states that the return path is 0.5 miles shorter, therefore...

3.75 - 0.5 = 3.25 miles

Leaving us with a total hiking distance of

3.75 + 3.25 = 7 miles.

Since each hiker will carry 0.25 gallons for each mile we simply need to multiply this amount by the total number of miles in the hike.

7 * 0.25 = 1.75 gallons

Finally, we can see that each hiker will carry a total of 1.75 gallons of water for the entire hike.

Please help! 20 points and I’ll give Brainliest
Joe is tracking the progress of his plants growth. Today the plant is 5 cm high. The plant grows 1.5 cm per day.

A. Write a linear model (equation) that represents the height of the plant after d days

B. What will the height of the plant be after 20 days

Answers

A. y=1.5d+5
B. 35 cm high

Answer:

A. y=1.5d+5

B. 35 cm high

Step-by-step explanation:

hope this helps

Betsy works from 6:00 AM to 12:00 PM, takes an unpaid lunch break from 12:00 PM to 1:00pm, then works from 1:00 PM to 3:30 PM. How many hours did Betsy work?

Answers

Answer:

9 hours and 30 mins

Step-by-step explanation:

Betsy works for about 9 hours 30 minutes daily.

What are mathematics operations?

A mathematical operation is a function that converts a set of zero or more input values (also called "b" or "arguments") into a defined output value. The number of operands determines the operation's arity. Most commonly studied operations are binary operations (i.e., operations of arity 2), such as addition and multiplication, and unary operations (i.e., operations of arity 1), such as additive and multiplicative inverses.

• Zero-arity operations, or nullary operations, are constants, and mixed products are arity three operations, or ternary operations.

Calculating time of Betsy total work for getting paid :

Betsy Working from 6:00 AM to 12:00 PM =  6 hour

Betsy takes an unpaid lunch break from 12:00 PM to 1:00pm = 1 hour

Betsy Working from  1:00 PM to 3:30 PM =  2.5 hour

Now adding-up all the time = 6 + 1 +  2.5 hour = 9.5 hours or 9 hours 30 minutes.

Therefore,  Betsy works for about 9 hours 30 minutes daily.

Read more about mathematics operations at:

https://brainly.com/question/1512595

#SPJ2

In the context of this graph, what do the slope and y-intercept mean?


Help me for a brainliest

Answers

We’re are the answer choices
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