Wyatt invested $1,600 in an account paying an interest rate of 52% compounded
annually. Joshua invested $1,600 in an account paying an interest rate of 47%
compounded quarterly. After 17 years, how much more money would Wyatt have in
his account than Joshua, to the nearest dollar?

Answers

Answer 1

Answer:

\$ 329

$329

Step-by-step explanation:

Answer 2

After 17 years, Wyatt has $ 856329.9 more money as compared to Joshua.

To understand more, check below explanation.

Compound interest:

Given that,

Wyatt invested $1,600 in an account paying an interest rate of 52% compounded annually.

Wyatt amount after 17 years is computed as,

                   [tex]Amount=1600*(1+\frac{52}{100} )^{17}\\\\Amount=\$ 1974517.5[/tex]    

Joshua invested $1,600 in an account paying an interest rate of 47%

compounded quarterly.    

Joshua amount after 17 years is computed as,

             [tex]Amount=1600*(1+\frac{47}{100} )^{17}\\\\Amount=\$ 1118187.6[/tex]

Wyatt have more money as compared to Joshua,

              1974517.5 - 1118187.6 =  $ 856329.9      

Learn more about the compound interest here:

https://brainly.com/question/24924853    


Related Questions

The Department of Streets of a city has a budget of $1,962,800 for resurfacing roads and hiring additional workers this year. The cost of resurfacing a mile of 2-lane road is estimated at $84,000. The average starting salary of a worker in the department is $36,000 a year. Select all of the equations that represents the relationship between the miles of 2-lane roads the department could resurface, m, and the number of new workers it could hire, w, if it spends the entire budget. a \large 84,000m=\frac{1,962,800}{36,000w} b \large \frac{1,962,800+36,000w}{84,000}=m c \large 84,000m-36,000w=1,962,800 d \large \frac{1,962,800-84,000m}{36,000}=w e \large 84,000m+36,000w=1,962,800

Answers

Answer:

d \large \frac{1,962,800-84,000m}{36,000}=

e \large 84,000m+36,000w=1,962,800

Step-by-step explanation:

Given the following :

Budgeted amount = $1,962,800

Cost of resurfacing a mile of 2- lane road = $84,000

Salary of additional worker = $36,000

Number of miles = m

Number of workers = w

equations that represents the relationship between the miles of 2-lane roads the department could resurface, m, and the number of new workers it could hire, w, if it the entire budget is spent ;

(Cost of a mile of 2-lane road * number of miles) = total budget

(84000m + 36000w) = 1,962,800

To make w, the subject of the formula :

36000w = 1962800 - 84000m

w = (1962800 - 84000m) / 36000

To make m, the subject of the formula :

84000m = 1962800 - 36000w

m = (1962800 - 36000w) / 84000

please help me quickly the question is on the image

Answers

I’m not 100% sure but I think it’s y=5x+20

Alma was given some money as a gift and deposited it into a savings account. She makes a withdrawal of the same amount at the end of each month. At the end of the 5th month, her balance was $442. At the end of the 13th month, her balance was $226.

Answers

Answer:

the input is the number or gallons aka b

the output is the balance in the account aka c

and the two points described are (5,442) and (13,226) aka c

Step-by-step explanation:

i did it on edge and got it right :)

Answer:

here the answer

Step-by-step explanation:

At the local gas station gasoline costs $2.75 for per gallon and diesel costs $3.02 per gallon. Gabriel needs to purchase 15.2 gallons of gasoline for his truck, and 9.5 gallons of diesel fuel for his tractor.

Answers

Answer:

The total amount paid by Gabriel at the local gas station is $70.49.

Step-by-step explanation:

Cost of gasoline per gallon = $2.75

Cost of diesel per gallon = $3.02

Amount of gasoline Gabriel needs = 15.2 gallons

Amount of diesel Gabriel needs = 9.5 gallons

Compute the total amount paid by Gabriel at the local gas station as follows:

Total Cost = Cost of gasoline × Amount of gasoline

                           + Cost of diesel × Amount of diesel

                [tex]=(2.75\times 15.2)+(3.02\times 9.5)\\\\=41.8+28.69\\\\=70.49[/tex]

Thus, the total amount paid by Gabriel at the local gas station is $70.49.

Jaylin solved this equation from the card sort:
15 – 7x= 3 + 5x
12 – 7x= 5x
12 = 12x
1= x
Is this correct?

Answers

Yes they are correct

Which of the following is a solution to the linear function:
2x + 4y = 16
(2, 4)
(4, 2)
(-2, – 4)
(4,0)

Answers

(4,2) is the answer because if you substitute the x- coordinate and the y- coordinate with their values you get 2(4) + 4(2)= 16. This equation could be simplified to 8+8=16 which is true and linear.
B. (4, 2) is most likely the answer

The value of a share of AT&T stock on that day wa \$97 50 more than the value a share of IBM HockUnx to represent the unknown value Write an algebraic expression for each of the quantities being compared 0 = the value of a share of AT&T Mock E = the value of a share of IBM stock

Answers

Answer:

[tex]A = 97.50 + H[/tex]

Step-by-step explanation:

Given

Stocks: AT&T and IBM HockUnx

Required

Determine the algebraic expression

Represent AT&T with A and IBM HockUnx with H.

Since AT&T is 97.5 more than IBM HockUnx;

The required expression is:

[tex]A = 97.50 + H[/tex]

Write 4.51 as a mixed number and as an improper fraction.
Do not try to simplify your answers.
mixed number:

Answers

it will be 451/100 as an improper fraction! :)

write your answer here

Answers

[tex]0.0063 = 63 \times {10}^{ - 4} = 6.3 \times {10}^{ - 3} \\ [/tex]

Done... ♥️♥️♥️♥️♥️

Answer:

what she said ^^ :)

On a spelling test, Lucy got 4 out of 5 correct. If Lucy got
20 questions correct, then how many quesitons did she
miss?

Answers

Answer:

4

Step-by-step explanation:

Answer:

She missed 4 questions

Step-by-step explanation:

4/5=8/10=16/20

5+ k When K= 6 what should I do?

Answers

Answer:  11

Step-by-step explanation:

5 + k      If k is equal to 6 then input 6 in for k and solve.

5 + 6 = 11  

Answer:

11

Step-by-step explanation:

If it says K = 6, just replace K with 6.

5 + k

5 + 6

11

Juan And his little brother had a pizza divided into eight slices of equal size juan ate 5 slices and his little brother ate the rest what fractional part did each person eat? juan ate 5 of 8 slices or his brother ate of 8 slices pieces or?

Answers

Answer:

Juan ate 5/8 his little brother ate 3/8

Step-by-step explanation:

Answer:

juan = 5/8

brother = 3/8

Figure B is a scaled copy of Figure A.

Answers

Answer:

1/3

Step-by-step explanation:

On left side its 6:2 so 6/2 is 3

the scale factor is 1/3 because figure is a reduction

hope it helps ;)

Answer:

1/3

Step-by-step explanation:

The side that's highest is 9 units, the the image its 3. 3/9= 1/3

Alyssa is paid a 5 percent commission on her total sales each month. Last month, she sold $30,000 worth of items. After a state tax rate of 9 percent is deducted from her commission, how much is left to the nearest dollar?
$135
$150
$1,365
$1,500

Answers

$1,365 is the answer, (the third choice)

Answer:

c

Step-by-step explanation:

bc

Samuel needs a small loan to help with the costs of his new resteurant. Where might he borrow the money, and what advice would you give her?

Answers

Answer:

In a bank, and that he should get a value that is accessible to him.

Step-by-step explanation:

K(x)=6x+100
K(-5)=
Evaluate functions

Answers

Answer:

k(-5) = 70

Step-by-step explanation:

6 (-5) + 100

-30 + 100

70

Which is an equivalent expression

Answers

Answer:

the answer to that is the second one, 4^-4

if f(x)=4x^2+1 and g(x)=x^2-5 find (f-g)(x)​

Answers

Answer:

Answer: 5x² - 4

Step-by-step explanation:

f(x) = 4x² + 1

g(x) = x² - 5

Then

(f + g)(x) = 4x² + 1 + x² - 5

             = 5x² - 4

Answer: 5x² - 4

Christian types 240 words in 4 minutes. Enter the number of words Christian types in 7 minutes at this rate.

Answers

Answer:

420 words per minute

Step-by-step explanation:

This is because if christian types 240 words in 4 minutes, all we need to do is find how many words per minute christian types then multiply it by 7. So

240/4= 60,

Christian types 60 words per minute, so now we must multiply 60 and 7

60*7=420

So with that being said. Christian types 420 words in 7 minutes.

Your bank charges $0.35 per check plus a service charge of $8.50. What fees would you pay for one month if you
write six checks this month

Answers

Answer:

your fee would be $10.60

Step-by-step explanation:

You would do 6*0.35 which gives you an answer of 2.1 then you would add 8.5 to give you your answer of 10.6

what does x equal -13 - 3x = -10

Answers

Answer:

ty -11

Step-by-step explanation:

The heights of people of the same gender and similar ages follow Normal distributions reasonably closely. How about body weights? The weights of women aged 20 to 29 have mean 141.7 pounds and median 133.2 pounds. The first and third quartiles are 118.3 pounds and 157.3 pounds. Is it reasonable to believe that the distribution of body weights for women aged 20 to 29 is approximately Normal? Explain your answer.

Answers

Answer:

No it is not reasonable to believe that the that the distribution of body weights for women aged 20 to 29 is approximately Normal.

Step-by-step explanation:

From the question we are told that

   The mean is  [tex]\mu =  141.7 \ pounds[/tex]

    The median is  [tex]Q_2 =  133.2 \ pound[/tex]

    The first quartile is  [tex]Q_1 =  118.3 \ pound[/tex]

    The  third quartile  is  [tex]Q_3 =  157.3 \  pound[/tex]

Generally the Bowley's coefficient of skewness is mathematically represented as

        [tex]B = \frac{ Q_3 +[ Q_1 -[2* Q_2}{Q_3 - Q_1}[/tex]

=>     [tex]B = \frac{  157.3  +[ 118.3 -[2* 133.2 }{157.3 - 118.3}[/tex]

=>     [tex]B = 0.2359[/tex]

Give that the  Bowley's coefficient is positive it means that the distribution of weight is positively skewed  

help me find the slope!

Answers

Answer:

b

Step-by-step explanation:

i think

Answer is B

Explanation: If you use the formula rise/run you would see the rise is -3 and the run -4 which could give you -3/4

The winner of the city marathon completed the race in 176.85 minutes. Assuming he ran at the same speed the whole time, how many minutes did it take him to run one mile? The marathon was approximately 26 miles long. Round your answer to the nearest tenth. A.68.0 minutes O B.6.7 minutes C. 15.9 minutes o D.6.8 minutes​

Answers

Answer:

D

Step-by-step explanation:

The answer is 6.809 so rounded is 6.8

Divide 4 over 5 ÷ 1 over 10 = ___Divide 4 over 5 ÷ 1 over 10 = ____.

Numerical Answers Expected!_. Numerical Answers Expected!

Answers

4/5 divided by 1/10 is 8 the answer is 8

To simplify -36 ÷ (2)(3)^ 2 + 5, we first _____.
A.evaluate the exponent
B.divide -36 by 6
C.multiply the parenthesis
D.divide -36 by 2

Answers

Answer:

12

Step-by-step explanation:

Answer: evaluate the exponent

Step-by-step explanation:   -36/2.3^2+5  there is no parenthesis so

p

e

m

d

a

s

so the next one is exponents

you may think that (2) (3) is parenthesis but when a number is like that (x)(x) just mean to multiply the values  

Help...................

Answers

Answer:

i think 100º

Step-by-step explanation:

I pretty sure it’s 110 hope that helped

What is ( 1/4)^3
"^" these mean to the power of

Answers

Answer:

1/64 or 0.01563

Step-by-step explanation:

1/4*1/4*1/4=1/64

A new television set was recently purchased for the common room in a Residence Hall for $408.00 including tax. If the tax rate is 2% ​, find the price of the television set before taxes.

Answers

Answer:

399.84

Step-by-step explanation:

408.00 x .98 (2% reduction from 100) = 399.84

A parking garage charges an initial fee to enter, as well as an hourly rate to park. The equation, T = 6 + 2.50h, relates hours parked, h, and
the total charges in dollars, T.
What is the initial fee to enter the garage?
O A $2.50
OB. $3.50
OC. $6.00
OD. $8.50
S RESET
Anala Ramon, ID#******63
Growth: Algebra 1 CCSS 2010
Question # 36

Answers

Answer:

The answer is $6.00.

Step-by-step explanation:

They said that there was an initial fee along with an hourly fee. They also said that the hourly fee depended on the number of hours put in. Which would be h. So the initial fee stays the same and is just added to the hourly fee. As you can see the fee added on to the hourly fee is $6.oo.

The initial fee to enter the garage is option (C) $6.00.

What is the linear equation?

The linear equation is the algebraic form of equation whose variables has the exponent of one. It is the combination of two variables and a constant value present in them.

For the given situation,

The equations is, T = 6 + 2.50 h

where, h is the parking hours and

T is the total charges in dollars.

The initial fee to enter the garage means there will be no fee for parking,

⇒ [tex]h=0[/tex]

Then the equation becomes,

⇒ [tex]T=6[/tex]

Hence we can conclude that the initial fee to enter the garage is option (C) $6.00.

Learn more about linear equation here

https://brainly.com/question/19549073

#SPJ2

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