Nancy invested $750 per month in a 401k that earned 6% annual return for 30 years. Alex
invested $1,500 per month in a 401k that also earned 6% annual return, but for 15 years. Which
of the following would be true?
Nancy's balance would be greater than Alex's in the end.
O Nancy's balance is $4,308 and Alex's balance is $3,595.
O Alex's balance would be greater than Nancy's in the end.
The investment and balance would be the same in the end.

Answers

Answer 1

Answer:

A and B

Step-by-step explanation:

Nancy's balance:

750*(1 + 0.06)^30 = $4308 rounded to whole number

Alex's balance:

1500*(1 + 0.06)^15 = $3595 rounded to whole number

Options:

A. Nancy's balance would be greater than Alex's in the end.

Correct

B. Nancy's balance is $4,308 and Alex's balance is $3,595.

Correct

C. Alex's balance would be greater than Nancy's in the end.

Incorrect

D. The investment and balance would be the same in the end.

Incorrect

Related Questions

The price of a pair of shoes increases from $52 to $64 . What is the percent of increase to the increase to the nearest percent ?

Answers

64-52/52 = 12/52 ≈ 0.23 = 23/100 = 23%
the answer is : 25%


hope this helps :)

What is the distance in units between 16 and -25?

Answers

Answer:

41

Step-by-step explanation:

Please help me out. The topic is angles. Anything helps.

Answers

FJH = 50 degrees
MIJ is an isosceles triangle so
AMB = 180 - 2(50)
= 180 - 100
= 80 degrees

x - 2y + 3z= 7
2x+y+z=4
-3x + 2y – 2z = -10
Solve System of Equations

Answers

Answer:

(2, -1, 1)

Step-by-step explanation:

Solve for the first variable in one of the equations, then substitute the result into the other equation.

Graph the line with the equation y = 2 x − 2

Answers

Answer:

The picture attached shows the graph. The y-intercept is -2 and it increases by 2. Hope this helps.

Step-by-step explanation:

Identify which of these terms do not belong with the other three: square,circle , hexagon or triangle and explain your reasoning

Answers

Answer:

Circle

Step-by-step explanation:

It dosen't have sides  

PICTURE PLEASE TYSMMM

Answers

Answer:

(B).

Step-by-step explanation:

Statement B is not correct. PR and ST are not corresponding segments.

Thomas got a haircut from the barber. If the
haircut costs $32 and he wants to leave a
18% tip, how much will he pay in total?

Answers

37.76 is the answer....

To solve 5(2^x + 4) = 15 first divide each side by

Answers

Answer:

5

Step-by-step explanation:

if you divide by 5 on both sides then you would just be left with 2^x+4=3 and it would save you the trouble of having to simplify later on. hope this makes sense

a teacher wants to arrange 16 chairs

Answers

? Is that the question

Answer:

Okay, anything else along with that or was it just a statement?

Step-by-step explanation:

What is the slope

Please help

Answers

Answer:

2

Step-by-step explanation:

rise/run = 2/1

slope is 2

since the slope is 2 you can also find the equation which would be y=2x-3

A rectangular shop in the mall is 10 meters long and 8 meters wide. What is it’s area?

Answers

Answer:

80 meters

Step-by-step explanation:

to find the area multiply length by width

To find the area of a rectangle you have to multiply it’s length times it’s width.
In this case it would be : 10 * 8 which equals 80. The area of the rectangular shop in the mall equals 80 meters^2
Hope I helped :)

the graph of g(x)=5x is a transformation of the graph of f(x)=x what is the transformation

Answers

Answer:

Vertical Stretch of 5.

General Formulas and Concepts:

Alg II

Transformations

Parent Graph Transformations: y = ax + b

a = vertical shrink/stretchb = vertical movement up/down

Step-by-step explanation:

Step 1: Define equation

Parent Graph: f(x) = x

Transformed Graph: g(x) = 5x

Step 2: Break

We see that we are increasing the slope. Therefore, it will have a steeper slope. That means we are manipulating the a variable and thus have a vertical stretch of a factor of 5.

PLEASE HELP! Determine the slope & the y-intercept of the following graphs.

Answers

Hey girl! It's me again to explain this to you :)

Number 21.) If we start from our y-intercept -2 and move up 2 on our y-axis we get to point (0,0). If we move over 1 space to the right, we are on (1,0), which is the x-intercept.

Slope: 2/1 or just 2

Y-intercept: -2

You didn't ask for this but i'm gonna write it anyways. The equation for this line is y=2x-2

Number 22.) If we start from our y-intercept 2 and move down 2 on your y-axis we get to point (0,0). If we move over 1 space to the right, we are on (1,0), which is the x-intercept.

Slope: -2/1 or just -2

Y-intercept: 2

Again you didn't ask for this but the equation for this line is y=-2x+2

Hope this helped you understand and again make this brainliest and reply if you need more help or have any more questions :)

Step-by-step explanation:

What’s the maximum value of the function p=2x+3y

Answers

Answer:

x= -3/2y + 1/2 p

Step-by-step explanation:

p=2x + 3y

2x + 3y =P   subtract 2x from both sides

3y=P -2x      divide both sides by 3 and simplify

y = P/3 - 2x/3

The length of a rectangle is 2 cm longer than its width. If the perimeter of the rectangle is 56 cm, find its length and width.

Answers

Answer:

Width = 13 Length = 15

Step-by-step explanation:

2+w=l

w+w+2+w+2+w=56

4w+4=56

4w=52

W=13

L=15

There are a total of 120 bicycles and tricycles in a shop. There are 302 wheels in allmany bicycles and how many tricycles are in the shop?

Answers

Answer: There are  62 tricycles in the shop.

Step-by-step explanation:

Given: Number of wheels in a bicycle = 2

Number of wheels in a tricycle = 3

Let x = Number of bicycles , y = Number of tricycles.

As per given , we have

x+y =120       (i)

2x+3y=302       (ii)

Multiplying 2 on both sides of (i)

2x+2y=240      (iii)

Subtract (iii) from (ii) , we get

y= 62

Put value of y in (i) , we get

[tex]x+62=120\\\\\Rightarrow\ x=120-62\\\\\Rightarrow\ x= 58[/tex]

Hence, there are 58 bicycles and 62 tricycles in the shop.

Dwayne and Alisha both correctly graphed a standard normal curve. Which of the following statements is true? Neither the means nor the standard deviations of Dwayne’s and Alisha’s graphs must be the same. The means of Dwayne’s and Alisha’s graphs must be the same but not the standard deviations. The standard deviations of Dwayne’s and Alisha’s graphs must be the same but not the means. Both the means and the standard deviations of Dwayne’s and Alisha’s graphs must be the same.

Answers

Answer: Both the means and the standard deviations of Dwayne’s and Alisha’s graphs must be the same.

Step-by-step explanation:

Answer:

The last one is correct:  Both the means and the standard deviations of Dwayne’s and Alisha’s graphs must be the same.

Step-by-step explanation:

Just took the test

1. A restaurant supplier services the restaurants in a circular area in such way that the radius r is increasing at the rate of 2 miles per year at the moment when r = 5 miles. How fast is the area increasing?

Answers

Answer:

A= π*r²

dA/dt= π*r*dr/dt

dA/dt= π*5*2= 10π km/yr

Using implicit differentiation, it is found that the area is increasing at a rate of 62.8 miles squared per year.

The area of a circle of radius r is given by:

[tex]A = \pi r^2[/tex]

Applying implicit differentiation, the rate of change is given by:

[tex]A = 2r\pi \frac{dr}{dt}[/tex]

In this problem:

Radius increasing at a rate of 2 miles per year, hence [tex]\frac{dr}{dt} = 2[/tex].Moment of a radius of 5 miles, hence [tex]r = 5[/tex].

Then:

[tex]A = 2r\pi \frac{dr}{dt}[/tex]

[tex]A = 2(5)\pi(2)[/tex]

[tex]A = 62.8[/tex]

The area is increasing at a rate of 62.8 miles squared per year.

A similar problem is given at https://brainly.com/question/9543179

brainliest plzzzzzzzzzzzzzzzzzz To the nearest litre, how much gasoline can
you buy with $20.00 if the price for gas is
87.5¢/L?
how is this done?
cany someone please help

Answers

Answer:

22.86 liters

Step-by-step explanation: thats the rounded up answer the full answer is 22.857142857142858

After 5 minutes, Pablo jumped 14.6 feet. After 10 minutes, he
jumped 14.1 feet. What are the two ordered pairs?

Answers

Answer:

Step-by-step explanation:

(5, 14.6)

(10, 14.1)

NEED HELP ASAP!! Is there enough information to prove that the triangles are congruent?

If yes, provide the correct Triangle Congruence Postulate or Theorem and a congruence statement.

If no, justify your answer.

Answers

Answer:

did you got the answer

Step-by-step explanation:

because I need it too

please help me out

I've checked out and its AAA does not prove congruence. Triangles are not congruent. They are similar

but am not sure

Viktor purchases a car for $10,608. He makes monthly payments for 48 months in order to pay off the car. He does not pay interest. How much are his payments each month?​

Answers

His payments are $221 every month

Lara created a 15-pound platter of three different types of cookies for a banquet. The peanut butter cookies sell for $2 per pound, the sugar cookies sell for $3 and the chocolate chip cookies sell for $3.60 per pound. The entire platter is worth $40. The quantity of peanut butter cookies was 3 more than chocolate chips. How many pounds of each cookie was there. Answered with a chart.

Answers

Answer:

i need a bad bleep

Step-by-step explanation:

addison rae

The temperature at Bar Harbor, Maine, was -3 0F. It then dropped during the night to be 4 times as cold.


1. 12
2. 7
3. -12
4. -7




please please please need help :(

Answers

Answer:

-12

Step-by-step explanation:

-3 x 4 = -12

because if you multiply a negative with a positive number, you get a negative number.

Five years ago, John’s age was half of the age he will be in 8 years. How old is he now? Show your steps.

Answers

Answer:

John is 18 years old at this point in time.

Step-by-step explanation:

This question is basic algebra. The equation you will need to write to solve it is (x-5) = (x+8)/2. When you solve this equation, the answer comes out to 18.

The sum of two numbers is greater than 1. Which statement

Answers

Answer:

the sum of two whole numbers is always greater than either number because even if one of the numbers to be added is 0, the answer will, well, not be greater, but at least equal to it.

Step-by-step explanation:

plz mark as brainliest

PQ is equal to RQ so b=?

Answers

Answer: 17

Step-by-step explanation:

What is the annual interest for a principal of $3,500 at a simple annual interest
rate of 2.3%?

Answers

Answer:

Step-by-step explanation:

Given principal p =$3500

Time t =1 year

Rate of interest r =2.3%

So annual interest=p×r×t/100

=3500×2×2.3/100

=7000×2.3/100

=16100/100

=161.

So annual interest is $161

PLEASE ANSWER FIFTY POINTS AND BRAINLIEST!

Sketch the graph y=− |x−1|+3 and answer the questions:
b)
What are the coordinates of its vertex?
c)
What are the coordinates of x- intercepts? (theres two)

Answers

Answer: The picture I showed is the sketch of the graph y=-|x-1|+3

b) The coordinates for the vertex is (1,3)

c) One of the coordinates for the x intercepts is (-2,0)

The other is (4,0)

Step-by-step explanation:

b)The vertex is the point I showed in the picture.  It's where the graph moves in the opposite direction

c) The coordinates for the intercepts can be determined where the graph hits the x axis.  At -2, the graph hits the x axis and at 4 the graph hits the x axis.

X intercepts always have a 0 for its y value of the coordinate.  Therefore the coordinates are (-2,0) and (4,0)

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