Four banks have provided proposals for a savings account. Which scenario provides exponential growth that will best benefit the account holder?
A.The deposit increases by 3%, percent of its current value, compounded annually.

B.The deposit increases by 3%, percent of its current value, compounded monthly.

C. The deposit increases by 5%, percent of its initial value each year.

D. The deposit increases by 0.40% point, percent of its initial value each month.

Answers

Answer 1

Answer:

B. The deposit increases by 3% of its current value, compounded monthly.

Step-by-step explanation:

When compounded monthly that means the account is getting more money monthly rather than annually, or each year, so this answer choice would give the best benefit to the account holder. I did this problem on Khan Academy myself and this was the correct answer.

Answer 2

Answer:

Answer: B. The deposit increases by 3% of its current value, compounded monthly.

Step-by-step explanation: When compounded monthly that means the account is getting more money monthly rather than annually, or each year, so this answer choice would give the best benefit to the account holder. I did this problem on Khan Academy myself and this was the correct answer.


Related Questions

what is the value of x ?

Answers

Answer:

d

Step-by-step explanation:

HELP i’m confused can someone explain this please?

Answers

Intersecting lines they will cross at some point

Answer:

intersecting lines will cross at the point

What is the length (in cm) of a rectangle with width 14 cm and area 168² cm​

Answers

Answer:

12

Step-by-step explanation:

Area = length * width

length = area ÷ width

AJ
GET OUT OF MY HEAD
UR SO AWESOME

Answers

Answer:wwwwhhhhhaaaaaatttttt

Step-by-step explanation:

Okay I have a lot of points so here you goooooo

Answers

Answer:

thanks for free points

Step-by-step explanation:

please follow me

Solve 3x+ k = c for x.

Answers

Answer:

x=(c-k)/3

Step-by-step explanation:

First, subtract k from both sides of the equation to get: 3x=c-k

Next, divide both sides by 3 to get x by itself=> 3x/3=c-k/3

The threes on the left side cancel, giving you x=(c-k)/3

where do they go and explain why you decided to put it there

Answers

Answer:

0=3/8

1=1 5/8

2= 4/2

i think?

Step-by-step explanation:

3/8 is less than a whole so it is 0

1 5/8 and  4/2 is 2 if simplified and 1 5/8 is less than 2 so 1 5/8 is 1 and 4/2 is 2


Identify a pair of perpendicular lines in the given figure.



Question 1 options:

p and t


q and t


s and t


p and q

Answers

S and t most likely

Find the solution of the systems of equations

Answers

Answer:

-2,-2

Step-by-step explanation:

-

Answer:

................(-2,-2)


Can u help me please?

Answers

Answer:

0.407 because in the others 7 comes before the 0

help i’ll give brainly i’m being timed

Answers

Answer: 18 and 37

Step-by-step explanation:

The answers should be 18 and 37, I am very sorry if these answers are incorrect.

60/ 7.55

(divided)

show work please

Answers

Answer:

I think the answer is 7.9

Step-by-step explanation:

u can change them into a mixed number and divide them

7th grade math help me pleasee :))

Answers

Step-by-step explanation:

the terms are 2k,15,m,3,n,7p.

variables are k,m,n,p

coefficients are 2,and 7

constants are 15 and 3

Make a table of values for each equation.

Please hurry this is due tonight.

Answers

Answer:

Last two ones in X are 16 and 24

Y goes like this: -8, -5, -2, 1, 4

Step-by-step explanation:

Math

Last ones are the common

The money m (in £) Paul has to spend each week is his wage w (in £) subtract the tax t (in £) he pays on his income. Enter a formula for the money he can spend and enter how much he has to spend if he earns £160 a week and pays £38 in tax.

Answers

Answer:

m = £122

Step-by-step explanation:

m = w - t

Where,

m = money Paul had to spend each week (£)

w = Paul's wage (£)

t = tax paid on his income (£)

If w = £160 and t = £38

Find m

m = w - t

= £160 - £38

= £122

Paul has £122 to spend if he earns £160 a week and pays £38 in tax

The difference btwn increasing a number by 20% and decreasing the same number by15% is 14 what is the number?​

Answers

Answer:

The number is:

[tex]n = 40[/tex]

Step-by-step explanation:

Let 'n' be the number

Increasing a number by 20% = (n + n×20/100)Decreasing a number by 14% = (n - n×15/100)

As the difference between increasing a number by 20% and decreasing the same number by15% is 14.

Thus, the expression becomes

[tex]\left(n\:+\:\frac{n}{5}\right)\:-\:\left(n\:-\:\frac{3n}{20}\right)\:=\:14[/tex]

[tex]n+\frac{n}{5}-n+\frac{3n}{20}=14[/tex]

[tex]\frac{7n}{20}=14[/tex]

Multiply both sides by 20

[tex]\frac{7n}{20}\cdot \:20=14\cdot \:20[/tex]

[tex]7n=280[/tex]

Divide both sides by 7

[tex]\frac{7n}{7}=\frac{280}{7}[/tex]

[tex]n=40[/tex]

Thus the number is:

[tex]n = 40[/tex]

Help me solve this problem please

Answers

Correct answer is B not C

whats 1+1 ? please help my teacher isnt going to give me candy if i dont answer this :(

Answers

Answer:

2

Step-by-step explanation:

......... lol

you can have candy

Answer:

2

Step-by-step explanation:

1+1= 2that is an example

get that candy

**due soon, pls help!**
Which expression is equivalent to (8x - 6) – (5x-4)?
A. 13x - 10
C. 3x - 10
B. 13x-2
D. 3x-2

Answers

Hey,

Answer : 3x-2

Here is the solution;

[tex](8x - 6) - (5x - 4) \\ = (8x - 6) + ( - 5x + 4) \\ = 3x - 2[/tex]

Good luck :)

How many solutions does the following equation have?
3x + 7 + 2x = 5x + 7
One. Many. None

Answers

Answer:

Infinite/many

Step-by-step explanation:

3x + 7 + 2x = 5x + 7

3x + 2x + 7 = 5x + 7

5x + 7 = 5x + 7

5x - 5x + 7 = 7

7 = 7

Infinite solutions

Answer: many (all real numbers)

Step-by-step explanation:

1) add 2x and 3x to give you 5x

You now have 5x+7=5x+7

2) you can simplify this by subtracting 7 on both sides and dividing by 5

3) you are then left with x=x

PLEASE ANSWER! DOING A TEST!

Answers

I think it’s (-3,2) hope it helps

find the slope of the line through (5,-5) and (11,8)

Answers

Slope: (y2-y1)/(x2-x1)
(8+5)/(11-5) = 13/6
The slope is 13/6

3x² + 7%-6
Please help me solve it!!

Answers

Answer:it’s factorable

Step-by-step explanation:

I mean I don’t really hve a method to this but u could use the ac method as a is greater than 1. I just factorise in my head automatically.

Answer:

(x + 3)(3x - 2)

Step-by-step explanation:

Multiply the 3 and -6 together to get -18 . What two numbers add to  7  and multiply to  -18? 9 and -2

So we can now split the middle term like this...

=  3x^2 + 9x - 2x - 6            

Now factor a  3x  out of the first two terms.

=  3x(x + 3) - 2x - 6            

Now factor a  -2  out of the last two terms.

=  3x(x + 3) - 2(x + 3)        

Now factor a  (x + 3)  out of both remaining terms.

=  (x + 3)(3x - 2)

Could someone please help ;(

Answers

Answer:

a. 25/33

b. 36

c. 1/15

d. 35/12

e. 19/12

Pls I need to answer someone I need to ask this question

$16.98 with buy one get one 50% off (SHOW WORK)

Answers

Answer:

$8.49

Step-by-step explanation:

Amount Saved = $8.49 (answer). In other words, a 50% discount for a item with original price of $16.98 is equal to $8.49 (Amount Saved).

Since we know that an object is 16.98, all we need to do is find what 50% is off the cost. Since 50% is half of the price, all we need to do is come up with the equation:

[tex]16.98/2= 8.49 + 16.98 = 25.47[/tex]

I added 16.98 at the end because you have to buy One *object* and get it with half price. The total with the discounted object is 25.47

Thank you! btw can i please get brainly :3

just need an answer and explanation please and thank you

Answers

I’m pretty positive because S & Q is 8 units long, so is O to Q. The 6 represents the distance between O & P. So 8-6= 2. I’m pretty positive PQ=2, i hoped it helped!

pleaseeee helppp !!!!!! Will mark Brianliest !!!!!!!!!!!!

Answers

Answer:

Your answer is...

Step-by-step explanation:

what is the options???????

Rick is taking a 1-mile ride on his bicycle. For each rotation of his tire, he travels 72 inches. How many rotations will his tire make during the 1-mile trip?

Answers

Answer:

880 rotations

Step-by-step explanation:

Answer:

880 rotations

Step-by-step explanation:

Solve the equation for all real solutions.
k^2+8k+22=6​

Answers

Answer:

Step-by-step explanation:

Here you go mate

step 1

k^2+8k+22=6​  equation

step 2

k2+8k+22(-6)=6(-6)  subtract -6

k2+8k+16=0

step 3

k2+8k+16=0  factor

(k+4)(k+4)=0

step 4

(k+4)(k+4)=0  set the numbers equal to zero

answer

k=-4

What is the value of the expression

y(1/2+z)+6

When y=2 and z=3/4

A 57/8
B 19/2
C 17/2
D 22/3

Answers

Answer:

c. 17/2

Step-by-step explanation:

y(1/2 + z) + 6

2 (1/2 + 3/4) + 6

1 + 6/4 + 6

find common denominator

4/4 + 6/4 + 24/4 = 34/4 reduced to 17/2

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