Mia wants to borrow £6000 and repay it, with interest, after two years. she sees two offers for loans: offer 1 compound interest 3% per year offfer 2 compound interest first year 1% second year 3% mia says, iwill payback the same amount because the average of 1% and 5% is 3% is she correct?

Answers

Answer 1

Answer:

she is wrong, offer 2 results in lower interests

Step-by-step explanation:

total amount paid if offer 1 is accepted:

$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40

she will pay $365.40 in interests

total amount paid if offer 2 is accepted:

($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363

she will pay $363 in interests

Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40


Related Questions

What is the value of 2(5b - 7) in terms of y if b = 3y ?

Answers

2(5b-7), you can input b as 3y
2(5(3y)-7) —> 2(15y-7) —> 30y -14
—> 30y = 14 —> y = 14/30 —> y = 4.6667
It’s just 2(5(3y)-7) or 2(15y-7), which is 30y-14.

A sequence is recursively defined by f(1)=3,f(n)=2* f(n-1) for n >=2. Write the equation for the nth term

Answers

Given:

[tex]f(1)=3,f(n)=2\times f(n-1)[/tex]         ...(i)

For [tex]n\geq 2[/tex].

To find:

The nth term for the given recursive formula.

Solution:

The given recursive formula is of the form of

[tex]f(n)=r\times f(n-1)[/tex]            ...(ii)

It is the recursive formula of a GP, where r is common ratio.

On comparing (i) and (ii), we get

[tex]r=2[/tex]

Now,

First term: [tex]a=f(1)=3[/tex]

Common difference: [tex]r=2[/tex]

nth term of a GP is

[tex]f(n)=ar^{n-1}[/tex]

Putting a=3 and r=2, we get

[tex]f(n)=3(2)^{n-1}[/tex]

Therefore, the equation for the nth term is [tex]f(n)=3(2)^{n-1}[/tex].

If x = -5, which inequality is true?

A. -4 - 3x > 7

B. -2 - 6x 14

D. 7 - x < 6

Answers

Answer:

A

Step-by-step explanation:

Its A because -4 - 3x > 7 because -1 - 7 is -6 but u have to - 1 because of the negative signs

Tablets are on sale for 15% off original price with the function p(t)=0.85t

Answers

The answer would be 45% there you go

What is the domain of the square root function graphed below?
8
6
4
2
-6 -4
6
8
х
-6
X>1
O x21
OOOO
x>3
x23
Mark this and return
Save and Exit
Next
Submit

Answers

Answer:

x ≥ 3

Step-by-step explanation:

the domain of a graph consists of all the input values shown on the x -axis

The domain of the square root function graphed below would be x ≥ 3

What is a function?

Function is a type of relation, or rule, that maps one input to specific single output.

In mathematics, a function is an expression, rule, or law that describes the relationship between one variable (the independent variable) and another variable , functions are indispensable for formulating physical relationships.

The domain is all  real numbers for x>3 and the range of the square root function graphed is equal to the interval------> [1,∞)

so, the range is all real numbers for x>3

Hence, the domain of a graph consists of all the input values of the x -axis.

Learn more about function here:

https://brainly.com/question/2253924

#SPJ7

f(x) = x + 2
g(x) = 3x^2 - 5
Find (f•g)(x).

Answers

Step-by-step explanation:

(f o g)(x)

= f(3x² - 5)

= (3x² - 5) + 2

= 3x² - 3.

(f.g)(x) = 3x^2 - 3

f(x) = x + 2
g(x) = 3x^2 - 5

What is equation?

equation is the relationship between variable and represented as     is example of polynomial equation.

f(x) = x + 2
g(x) = 3x^2 - 5

now putting the x = g(x)
in f(x) = x + 2
Thus,
f(g(x)) = 3x^2 - 5 + 2
f(g(x)) = 3x^2 - 3

Thus, (f.g)(x) = 3x^2 - 3

Learn more about equation here:

brainly.com/question/10413253

#SPJ2

-2/3h-4=4/3
a. -3
b.-8
c.3
d.8​

Answers

Answer:

its b

Step-by-step explanation:

Sharon makes bracelets and necklaces to sell at the school fair. She makes a total of 40 bracelets and necklaces. She makes 3 times as many bracelets as necklaces. Which system of equations can be used to determine how many bracelets, x, and how many necklaces, y, she m

Answers

Answer:

So, the system of equations are

x+y=40

x= 3 y

Step-by-step explanation:

Let's make system of equations for the given information.

Let x number of bracelets and y number of necklaces made.

So, for the information

She makes a total of 40 bracelets and necklaces, we can set up equation as

x+y=40

Now, for she makes 3 times as many bracelets as necklaces, we can set up equation as

x=3 y

Please answer correctly !!!!!!!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!!!

Answers

Answer:

x = 97

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Equality Properties

Trigonometry

[Right Triangles Only] Pythagorean Theorem: a² + b² = c²

Step-by-step explanation:

Step 1: Define

We are given a right triangle. We can use PT to solve for the missing side length.

Step 2: Identify Variables

Leg a = 72

Leg b = 65

Hypotenuse c = x

Step 3: Solve for x

Substitute [PT]:                    72² + 65² = x²Exponents:                           5184 + 4225 = x²Add:                                      9409 = x²Isolate x:                               97 = xRewrite:                                x = 97

What could be the value of x in the number sentence? 6 + x < 10

Answers

Answer:

the answer is 3 or less dhevvshsbdvdd

Greatest common factor of 25,50,75

Answers

Answer:

gcd (50; 75) = 25 = 5^2:

Step-by-step explanation:

hope it help

The greatest common factor of 25, 50 and 75 is 5*5, which is equal to 25.

We are given that;

The three numbers = 25, 50, 75

Now,

The greatest common factor (GCF) of two or more numbers is the largest positive integer that divides evenly into all the numbers with zero remainder.

To find the GCF of 25, 50 and 75, we can use the prime factorization method. This involves writing each number as a product of its prime factors and then finding the common factors among them.

The prime factorization of 25 is 5*5

The prime factorization of 50 is 2 x 5*5.

The prime factorization of 75 is 3 x 5*5.

The common factors of 25, 50 and 75 are 1 and 5*5.

Therefore, by factorization the answer will be 25.

Learn more about factorization here;

https://brainly.com/question/10454590

#SPJ4

What’s the answer I need help!!

Answers

Answer:

150

Step-by-step explanation:

add three x plus 30 get 30 then add 6y plus 120 and get 120 add them and get 150

Help me with this answer I know there is no solution I just wanna know why

Answers

Answer:

The solution x = 0 means that the value 0 satisfies the equation, so there is a solution. “No solution” means that there is no value, not even 0, which would satisfy the equation. ... This is because there is truly no solution—there are no values for x that will make the equation true

Answer:

No solution

Step-by-step explanation:

The solution x = 0 means that the value 0. “No solution” means that there is no values

At a jewelry store, the necklace costs $380.60, but the store is having
a 75% discount for Valentines Day. What is the new price of the necklace?
$95.15
O $190.30
O $266.42
$285.45

Answers

Answer: 95.15

Step-by-step explanation:

To find the answer, you have to multiply the original cost by the percent subtracted from 100. For example, 380.60 x .25=95.15

(I got the .25 from subtracting 100-75, and the 75 is the percent)

Answer: 95.15

Step-by-step explanation:

Multiply 380.60 by .75 and you get 285.45 subtract 380.60 and 285.45 and you should get 95.15

Please answer correctly !!!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!

Answers

Answer:

11,60,62

Hope this helps

what isn’t your the first time in the year you have a baby shower

The temperature is 2 ∘F and drops to −15 ∘F overnight. Write and then evaluate a subtraction expression to determine the temperature change.

Enter the correct answers in the boxes.

Expression:
a

Temperature change:
∘F

Answers

2- F= -15
I assume that F (is the variable) it’s what’s missing from the equation. The change i. temperature. To find F add 2 +(-15) which is -13 so the change in temperature is -13

Help me pls ! if you do l give you the brainiest

Answers

the first answer is correct because the terms are alike in both expressions

The two expressions in answer A are equivalent with each other.

8÷(3-1) _2 ×5-2
plssss help ​

Answers

Answer:

8

Step-by-step explanation:

You always start with the equasions in parenthesis. 3-1 is 2 and 8 divided by 2 is 4. Then you can move on to the next part of the eqasion. You start by subtracting 2 from 5 and then multiplying that by 2.then you add up the answers and you gat 8.

Select the correct answer.
Which function has the same zeros as g(x) = -x3 + x2 + 12x?
ОА. .
y
-30
-20
10
1-10
-8
-6
-4
-2
6
8
10
-10
20

Answers

Answer: -30

Step-by-step explanation:

-30 bc it has the same functions.

Answer:

points -3,0,4 on a graph

Step-by-step explanation:

correct on edmentum or plato


HELP ASAP! WILL MARK BRAINLIEST

Answers

Answer:

it will be the first the 5th the 2nd and the 3rd

Southlake Cable charges $50 per month for basic cable and $5 for each premium movie channel. Lakeview Cable charges $41 per month for the same cable package and $6.50 for each premium movie channel. The graph of the equations representing the costs for each company is shown in the graph.

Answers

Answer:

Six movie channels, because 5(6) + 50 = 6.5(6) + 41

Step-by-step explanation:

−(5x−0.4)=−7(−0.4−x) need to be exact or rounded to the nearest hundredth.

Answers

Answer:

-0.2

Step-by-step explanation:

it's that exact answer , I did not rounded

What the answer is for this question

Answers

Answer:

im pretty sure its 24

Step-by-step explanation:

because 12+12=24

PLEASE HELP whats the answer for this problem

Answers

Answer:

it is 20 me and that other kid did the same thing

Step-by-step explanation:

5x+12 + 3x+8 =180

8x=180-20

8x=160

hope that helps brainly plz

x=20

Write the equation of the line fully simplified slope-intercept form. ​

Answers

y=-2/3x-5
i think is the answer

A puppy weight increases by 15% each week for the first 6 months. The puppy currently weight 3.7 pounds. which expression will not calvulate how much the puppy will weigh in 1 week? A) 3.7(0.15) B) 3.7(1.15) C) 3.7 + 3.7(0.15) D) 3.7 + 0.555​

Answers

Answer:

B) 3.7(1.15)

Step-by-step explanation:

Holly bought a magazine subscription for a year. She paid $27. Holly wanted to find the price, p, of the subscription each month. She created the model shown to help find this price. 27 р |р |р |р |р |р |р |р | Р | Р |р | p What was the price of the subscription each month? F $39.00 G $2.25 H $324.00 3 $22.50​

Answers

Answer:

2.25 should be the right answer

One-half of a cake is divided equally among 4 people at a party. What
fraction of the cake

Answers

Answer:

1/8

Step-by-step explanation:

One half of the cake is four slices, and the entire cake (if it was all there) would be 8 slices. For the four slices to be distributed equally among the four people, each person gets 1 slice. 1 slice out of the 8 total in the cake would be 1/8 of the whole.

Answer:

Each person will get 1/8 of the whole cake but 1/4 of half of the cake.

Step-by-step explanation:

Since the cake is cut in half and then in fourths, you need to multiply 1/4 by 1/2 and get 1/8.

If two lines are perpendicular, what must be true about the slopes of the two lines. Select all that apply.

.

slopes are the same

Slopes are reciprocals

Slope are whole values

Slopes are opposites (one positive and one negative)

Answers

Answer:

Concept: Linear Systems

Those that are parallel have equal slope, contrary those that are parallel have reciprocal. Hope this helps!

which angles on the unit circle have central angles with measures less than 180 degrees

Answers

a central angle is an angle that can be created from the center of the circle.

30°, 45°, 60°, 90°, 120°, 135°, and 150° are central angles.
Other Questions
Please answer correctly !!!!!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!! 4. La classe____aux questions du professeur. (rpondre)a.repondez b.rpondsc.rpond d.rponde which technological advancement was most useful for helping to break the stalemate on the western fronta. telegraph b. tanksc. submarines d. telephonemake sure the answer is right :) Using 3.14 for , calculate the circumference and area of the circle below. Include your answer to the hundredths place.Circumference: feet and the area ft squared:If you don't know the answer please don't respond need ASAP A scuba diver is 20 feet below the surface of the water 14 seconds after he entered the water and 100 feet below the surface after 30 seconds. What is the scuba divers rate of change? Can someone help me please? Order the following elements from Highest to Lowest Electronegativity.K, Sc, Ca, Zn, BrSc, K, Br, Zn, CaOK, Ca, Sc, Zn, BrO Br, Zn, Sc, Ca, KCa, Zn, Br, K, SC please solve for t this is very important solve for y. show work. 4(y+3)2y+7 what are the three things transported by global ocean circulation? Will give brainliestIn 2014, Russia occupied and subsequently annexed this portion of theUkraine with relatively no resistance?*lA. Italian PeninsulaB. Armenian PeninsulaC. Crimean PeninsulaD. Balkan Peninsula Read the excerpts from Team Moon and the NASA article.And only nowa solid, panic-stricken, gut-wrenching, heart-palpitating ten minutes by clock but feeling like an eternity laterdid it sink in for John Coursen, Tom Kelly, and a lot of the other Grumman folks who had poured years of their lives into building the lunar module: Their baby was on the moon. Let the cheering begin!When the lunar module lands at 4:18 p.m. EDT, only 30 seconds of fuel remain. Armstrong radios "Houston, Tranquility Base here. The Eagle has landed." Mission control erupts in celebration as the tension breaks, and a controller tells the crew "You got a bunch of guys about to turn blue, we're breathing again."How is the information in the excerpts different?A The first excerpt is less emotional than the second excerpt.B The first excerpt is less interesting than the second excerpt.C The first excerpt is more emotional than the second excerpt.D The first excerpt is more interesting than the second excerpt. What is the minimum number of kiloJoules needed to change 40.0 grams of water at 100C to steam at the same temperature and pressure Calculate the sales tax for each item.1. A sweater for $19.99 and a 6% sales tax. _______________________________________2. A purse for $45.00 and a 5% sales tax.___________________________________________3. A bicycle for $120.00 and a 7% sales tax.________________________________________4. A TV for $3000.00 and a 4% sales tax.___________________________________________5. A radio for $35.00 and a 6% sales tax.____________________________________________ PLS HURRY worth 15 points !!!!!!!!Members of Congress use committees when _____.conducting hearings and drafting legislationvoting on a presidential appointmentvoting on whether to impeach a presidentintroducing a new spending bill By 1830, American settlers in Texas had displeased Mexican authorities byA) refusing to free their slaves.B) insisting on converting to Catholicisim.C) allowing Mexico to tax the crops they sold.D) agreeing to let Mexico control their local governments. 12 points!! PLEASEy =(x-3) - 4rewrite these in standard and factored form!! Find the inverse function of f(x)=32x+4(Hint: f(x) is the same thing as y. Swap your x and y then get in slope-intercept form (y= form))f1(x)=____x+____=____ Explain how the European colonization of the Americas affected both Africans and Native Americans. What is the concentration of a solution made by diluting 35 mL of 6.0 M HCl to a final volume of 750 mL?If 2.49g of CuNO3 is dissolved in water to make O.830M solution, what is the volume of the solution in milliliters?How many moles of NaOH are present in 13.5mL of 0.17 M NaOH?