City Bank offers a 4.75% simple
interest rate, while First National
offers 3.9%. If Tom wants to set
up a new account with $500. how
much more money will he earn in
Interest at City Bank over First
National after 12 years?

Answers

Answer 1

Answer:

He will earn $51 more

Step-by-step explanation:

Let us compare the amounts he will earn in both banks

Mathematically, simple interest is;

I = PRT/100

Where P represents principal, R represents rate and T represents time

For Citibank, we have

I = (500 * 4.75 * 12)/100 = $285

For National bank

I = (500 * 3.9 * 12)/100 = 234

The difference between the amount of money earned in both banks will be;

285-234 = 51


Related Questions

John bought a play station game for $54.50. The tax on the game is 5%. What
is the total cost of the play station game, including the tax?

Answers

Answer:

1089/20 (Decimal: 54.45)

Answer:

$57.22

Step-by-step explanation:

$2.72 would be 5% of 54.50

The total cost would be

54.50 + 2.72

that would equal

57.22

A band expects to put 16 songs on their next CD. The band writes and records 75% more songs than they expect to put on the CD. During the editing process, 75% of the songs are removed. How many songs will there be on the final CD? ​

Answers

Answer:

7 songs

Step-by-step explanation:

75% of 16 is 12

16 + 12 = 28

75% of 28 is 21

28 - 21 = 7

Answer:

7 songs

Step-by-step explanation:

The sales tax rate in New Mexico is 5.125%. What will you pay for a $14.50 area rug in New Mexico after tax?

Answers

Answer:

15.243125

Step-by-step explanation:

we need to calculate how much would be the tax for 14.5$

so 14.5 * 5.125% = 0.743125

and then we will add that to 14.50

i dont feel like doing this i have to

I need this done before 9:00

Answers

Answer:

The answer is B) because you make the two equations into fractions and put them equal to each other and solve.

Step-by-step explanation:

60% of the teachers completed the last survey sent out from the school. If 30 teachers completed the survey, how many total teachers are at the school?

Answers

Answer:

50

Step-by-step explanation:

Let the number of teachers is t.

60% of t is 30

0.6t = 30

t = 30/0.6

t = 50

Can someone please help!!

Answers

Answer:

Step-by-step explanation:

the last one

SOMEONE HELP ME AGAINNN LOL

Answers

Answer:

open circle

Step-by-step explanation:

the open circle does not include the number. this is what you want because the solution is not equal to the number

Open is the answer to the question

Bruno claims that the solution to the linear equation −3(2x+6)+25=1 is x=1. He shows the steps below to justify his solution.

Answers

Answer:

Bruno is correct x=1

Step-by-step explanation:

-3(2x+6)+25=1

-6x-18+25=1

-6x+7=1

-6x=-6

1=x

The midpoint of EF is M(1. – 1). One endpoint is E (– 3,2). Find the coordinates of endpoint F

Answers

Step-by-step explanation:

fihdjshshsjsbshdhddjdhdndjdbdhdb jseheidbdhdhdbehdndndnsjdnsjdndndjsjdndhdh sorry

The coordinates of F(x,y) is (5,-4) with midpoint of EF is M(1,-1)

What is midpoint of line segment?

The midpoint divides the line segment into two equal parts. As the number line progresses, the leftmost numbers become smaller, and the rightmost numbers become larger. Adding, subtracting, and multiplying can also be done using a number line like for addition move towards right and for subtraction move towards left.

Here, the mid point of line EF is M with coordinates (1,-1) with coordinates  of E(-3,2) therefore, using mid point formula to find coordinates of F(x,y)

[tex]\begin{aligned}\frac{-3+x}{2}&=1\\x&=2+3\\&=5\end{aligned}[/tex]

and for y coordinates of F :

[tex]\begin{aligned}\frac{2+y}{2}&=-1\\y&=-2-2\\&=-4\end{aligned}[/tex]

Therefore, the coordinates of F(x,y) is (5,-4) with midpoint of EF is M(1,-1)

Read more about midpoint at:

https://brainly.com/question/28224145

#SPJ2

-2/3h-4=4/3
a. -3
b.-8
c.3
d.8​

Answers

Answer:

its b

Step-by-step explanation:

Solve for z.
|z| + 13 = 11
A. null set
B. z = –2
C. z = 24
D. z = –2 or 2

Answers

Answer:

[A] Null Set

Explanation:

|z| + 13 = 11

Subtract 13 From Both Sides

|z| + 13 - 13 = 11 - 13

Simplify

z = -2

Absolute Value Cannot Be Less Than 0, Therefore There Is So Solution

[A] Null Set

Answer:

null set

Step-by-step explanation:

What is the slope of a line with points -5,7 and 1,1

Answers

Answer

6/-11

Step-by-step explanation:

use the slope formula m= [tex]\frac{y 2-y 1}{x 2-x 1}[/tex]

then sub in numbers m=[tex]\frac{7-1}{-5-1}[/tex]

now subtract numerator and the denominator

[tex]7-1= 6[/tex]    and

[tex]-5-6=-11[/tex]  this now looks like  [tex]\frac{6}{-11}[/tex]    

okay I need an answer to this from scale through 1 to 10 how much naughtier can my cat be like I need some good answers​

Answers

Answer:

Wow your cat is so naughty but cute. On a scale from one to 10 I say 10

Step-by-step explanation:

This is why I dont have pets

Which expression is simplified in exponential form?

Answers

Step-by-step explanation:

theirs no expressions????

Solve for
x
x/
12
+
1
=
6

Answers

Answer:

x

=

2

1

2

Step-by-step explanation:

Answer:

x = 60

Step-by-step explanation:

x/12 is the same as 1/12x

so now the equation is 1/12x+1=6

then to simplify it even more we do -1 from both sides so

1/12x+1=6

         -1  -1

again the equation is 1/12x=5

then we multiply both sides by 12 and get x = 60

word related with English

Answers

Answer:

um hi?

Step-by-step explanation:

Hello is related to English if that’s what u mean?

IS THIS CORRECT?

A 2 fl oz bottle of orange juice costs $8, and a 4 fl oz bottle of orange juice costs $12. Which is a better buy?

ANSWER= 4 fl oz bottle of orange juice that costs $12 is the better buy.

Answers

Answer:
Yes
Explanation:

Answer:

yes 4fl oz bottle of orange juice that costs $12 dollars is better to buy

Step-by-step explanation:

2 bottles of orange juice=8$

if you split 8$, you get 4$ that means each bottles of orange juice is 4$

so if you get 4 bottles of orange juice it is 4$x4$= 16$ The question says that 4 bottles cost 12$ its supposed to be 16$. So the 4 fl oz bottle of orange juice that costs 12$ dollars is better to buy.

1 bottle=4$               2x4=8$ (the first equation)    

1bottle=4$                4x4=16 (the second equation)   But the question says we got the bottle of orange juice for 12$ its supposed to be 16$ that is a huge discount. so yes the answer is correct.      

Determine whether the sequence appears to be an arithmetic sequence. If so, find the common difference and the next three terms.


7, 3, −1, −5, ...

Answers

Arithmetic = going up or down the same units: going down by -4; true
Common difference = how much it is going up: -4

Solution: yes it’s arithmetic. The common difference is -4. The next three terms is -9, -13, -17

HELP!!

the question is in the picture. i just need question c answered:)​

Answers

Answer:

No, its outside of the equation (shaded drawing)

Step-by-step explanation:

How do you make x the subject of the formula?

Answers

Step-by-step explanation:

Open the brackets

px - pq = x

Add pq to both sides.

px = x + pq

Subtract x from both sides.

px - x = pq

x (p - 1) = pq

Divide both sides by (p - 1)

x = pq/(p-1)

Please gimme brainliest.

After 6 years, approximately how much will Brandon have saved in interest by consolidating the two balances? a. $224.64 b. $935.28 c. $901.20 d. $145.44

Answers

The answer issssss..... A $224

30 points for anyone that can solve the question ​

Answers

The solution to this problem is 5/2a^2b^5


HELP TIMED QUESTION !!!!
Simplify (5x^3y)^2(-2x^5y^1)

Answers

Answer:

 ( -5•2x8y)

Step-by-step explanation:

Changes made to your input should not affect the solution:

(1): "^-1" was replaced by "^(-1)".

Equation at the end of step 1

 ((5•(x3))•(y2))•(0-(2x5•y(-1)))

Equation at the end of step

 (5x3 • y2) •  -2x5y(-1)

Multiplying exponential expressions :

3.1    x3 multiplied by x5 = x(3 + 5) = x8

Multiplying exponential expressions :

3.2    y2 multiplied by y(-1) = y(2 + (-1)) = y1 = y

Answer:

 60xy

Step-by-step explanation:

Evaluate :  (5x+3y)2   =    25x2+30xy+9y2

Evaluate :  (5x-3y)2   =    25x2-30xy+9y2

PLEASE ANSWER 19 PLEASE

Answers

Answer:

Step-by-step explanation:

Neither

i still need help im the highest in class but need help

Answers

Answer:

A 16%

Step-by-step explanation:

Apply the Pythagorean Theorem to find the distance between points A and C.

Answers

C) sqrt72 Units

C to B is 6 units
A good B is 6 units

6 squared + 6 squared = sqrt 72

What is 22 minus ( 22 times 22 ) divided by 0.000000000000000009 times 1084840280424024

Answers

Answer:

-5.5688467e+34

Step-by-step explanation:

Calculator :) P.S Can I have brainliest?

Answer:

-5.83403e+34

Step-by-step explain

Pls helppppppppp!!!!!!’

Answers

Answer:

it c

Step-by-step explanation:

Answer:

C

Step-by-step explanation:

Find the measure of the angle indicated

Answers

Answer:

60° and 67°

Step-by-step explanation:

The exterior angle of a triangle is equal to the sum of the 2 opposite interior angles.

(49)

17x + 8 is an exterior angle of the triangle, thus

17x + 8 = 50 + 10x ( subtract 10x from both sides )

7x + 8 = 50 ( subtract 8 from both sides )

7x = 42 ( divide both sides by 7 )

x = 6

Thus

∠ C = 10x = 10(6) = 60°

(50)

99° is an exterior angle of the triangle, thus

2x + 10 + 6x + 1 = 99 , that is

8x + 11 = 99 ( subtract 11 from both sides )

8x = 88 ( divide both sides by 8 )

x = 11

Thus

∠ T = 6x + 1 = 6(11) + 1 = 66 + 1 = 67°

Jason's family goes out to eat the bill was 102.73 they wanted to leave a 20% tip what will be the total after the tip ​

Answers

Answer:

$123.28

Step-by-step explanation:

Multiple 102.73 by 1.2 and get 123.28

Answer:

123.28

Step-by-step explanation:

hahhahahaha hahahah

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