If you had a choice between investing $1,000 in a mutual fund that are 7.5% compound interest or a bond that earns simple interest at 7.5% which would you prefer and why

Answers

Answer 1

Answer:

mutual fund

Step-by-step explanation:

Step one:

given data

let say the investment plan will span for 5 years

so  for mutual fund

P= $1000

r= 7.5%= 0.075

t= 5

compound interest

A= P(1+r)^t

substituting

[tex]A= 1000(1+0.075)^5\\\\A=1000(1.075)^5\\\\A=1000*1.436\\\\A=$1436\\\\[/tex]

$1436

so  for bond

P= $1000

r= 7.5%= 0.075

t= 5

simple interest

A= P(1+rt)

substituting

[tex]A= 1000(1+0.075*5)\\\\A=1000(1+0.375)\\\\A=1000(1.375)\\\\A=1375\\\\[/tex]

A=$1375

$1375

I would go for mutual fund compounded interest because it offers extra

$61 (1436-1375) for the same investment capital


Related Questions

55.57
What is the equation of the line that is parallel to the
given line and passes through the point (12, -2)?
Oy=-x +10
Oy=-x + 12
Oy=-x- 10
Oy=x - 12

Answers

Answer:10

Step-by-step explanation:and a slope 2/12 roof slope means your roof has 2 inches of vertical drop for every 12 inches of horizontal distance.Aug

The equation of the line that is parallel to the given line and passes through the point (12, -2) is y = 5/6(x)-12

What is Slope of Line?

The slope of the line is the ratio of the rise to the run, or rise divided by the run. It describes the steepness of line in the coordinate plane.

The slope intercept form of a line is y=mx+b, where m is slope and b is the y intercept.

The slope of line passing through two points (x₁, y₁) and (x₂, y₂) is

m=y₂-y₁/x₂-x₁

The slope of line passing through the points (12, 6) and (0, -4)

Slope = -4-6/0-12

=-10/-12

=5/6

Now let us find y intercept passing through (12, -2)

-2=5/6(12)+b

-2=10+b

-12=b

Hence,  the equation of the line that is parallel to the given line and passes through the point (12, -2) is y = 5/6(x)-12

To learn more on slope of line click:

https://brainly.com/question/16180119

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(6,11), (x, 15); slope =2 find x

Answers

Answer:

x = 8

Step-by-step explanation:

m = [tex]\frac{y_{2} -y_{1} }{x_{2} -x_{1} }[/tex]

(6, 11)

(x, 15)

m = 2

[tex]\frac{15-11}{x-6}[/tex] = 2

2(x - 6) = 15 - 11 ⇒ x = 8

What is the answer to 2 + (c + 0) = ?

Answers

C=-2 because you would transfer to the other side making it negative. It can't be a negative so you divide -1 to 2. Making it -2.

Which of the following is a solution to this inequality?

y greater than one half times x plus 2

Answers

Answer:

(1, 4)

Step-by-step explanation:

35/54 in simplest form ?

Answers

Answer:

it can't go to simplest form it has no common numbers  

Step-by-step explanation:

Answer:

35/54 is already in the simplest form. It can be written as 0.648148 in decimal form (rounded to 6 decimal places).

Solve. What is 9% of 56?

Answers

Answer:

it will be 5.04

Step-by-step explanation:

so we know 56=100%

so we want to get what 1% is so we divide both sides by 100 to get 0.56=1%

so know we multiply both sides of 9 to get 5.04=9%

carney needs $60 to buy her mother a gift. She has saved 25% of that amount so far. Bow much has she saved so far - i really need HELPPP

Answers

Answer:

25 percent off 60.00 is 45.00

Step-by-step explanation:

the question is on the sheet.​

Answers

[tex]3x + 4x + 3x + 5x + 3x + 4x[/tex]

[tex]22x[/tex]

Assume that y varies directly with x. If y = 2/5 when
x= 1/3, find y when x = 1/4. Enter in any fractions using
a/ (e.g. "1/2" is the same as ?).

Answers

Answer:

y = 3/10

Step-by-step explanation:

(1/3) / (2/5) = (1/4) / y

y = (1/4) (2/5) / (1/3) = (2/20) / (1/3) = 3/10

check: (1/3) / (1/4) = 4/3

           (2/5) / (3/10) = 20/15 = 4/3

trigonometry and trigonometric functions

Answers

Answer:

The trigonometric functions include the following 6 functions: sine, cosine, tangent, cotangent, secant, and cosecant. For each of these functions, there is an inverse trigonometric function. The trigonometric functions can be defined using the unit circle.

Step-by-step explanation:

A different building has office space for rent that doesn't not require a one time fee, but you must pay rent of $1000 per month. If you have $15000, at which building can you rent office space for the greatest amount of time

Answers

Answer: First building at 17.5 months

Step-by-step explanation:

Months you can stay in the first building.

One time fee of $1,000 reduces the amount you have to;

= 15,000 - 1,000

= $14,000

Rent is $800. Months you can stay;

= 14,000/800

= 17.5 months

Months you can stay in second building;

Rent is $1,000 and no one time fee;

= 15,000/1,000

= 15 months

You can stay longer in the first building for 17.5 months.

Evaluate when x = 8: 2x + X - 10

Answers

Answer:

14

or x+6

Step-by-step explanation:

Solve the following inequality algebraically.
|x+4| ≤ 9

Answers

Answer:

-13 ≤ x ≤ 5

Step-by-step explanation:

Tomatoes are on sale for 3 lb for$1.09 how much wil 5 lb of tomatoes cost

Answers

3lb/$1.09

3       3

1lb/$0.363

1lb x 5/ $0.363 x 5

Answer - 5lb/$1.815

Due in 20 minutes help Please!

Answers

Answer:

A

Step-by-step explanation:

I don't think you have to explain

Yeah it’s a I hope I’m not to late

an observer 12 m away from the foot of tree observes that the angle of elevation is 30° find the height of tree

anyone send me photo plz​

Answers

Answer:

in drawing

Step-by-step explanation:

Step-by-step explanation:

I Had send you the particular brief explanation for the question

A set of sweater prices are normally distributed with a mean of 58 dollars and a standard deviation of 5 dollars. What proportion of sweater prices are between 48.50 dollars and 60 dollars?

Answers

Answer: 0.6267

Step-by-step explanation:

PLEASE PLEASE HELP!!! WILL GIVE BRAINLIEST

Answers

Answer:

a. this b>9 B. the first one C. the second one

Step-by-step explanation:

D is the first one

Another name for 3/3 is
OA) 0
OB) 3
OC) 1

Answers

3/3 is equal to 1 :)
your answer would be C because 3 dived by 3 is 1


what is the value of x/y when x = -15 and y = -3
A 5
B -5
C 12
D -12

Answers

Answer:

x= -15

y= -3

x/y

=-15/-3

=5

option A is correct

it’s A
as dividing 15 by 3 it’ll be 5
and the negative signs when divided are canceled

It takes 3 hours 15 minutes to fly from ato b at constant speed.Find howlong the journdy takes if(a) the speed is3÷2 times that of the original speed (b) if the speed is three_quarters of the original speed.

Answers

Answer:

For 3/2 of the speed = 292.5 minutes

For 3/4 of the speed =  146.25 minutes

Step-by-step explanation:

It takes 3hrs 15 minutes to fly from A to B

From A to B = 180minutes + 15 minutes

= 195 minutes (At constant speed)

At constant speed,

If the speed is 3/2 of the original speed,

It will be,

3/2 X  (195 minutes) = 585 / 2 = 292.5 minutes

On the other-hand,

If the speed is 3/4 of the original speed,

3/4 X (195 minutes) = 585 / 4 = 146.25 minutes

In PQR. PQ = 11 feet. QR = 7 feet, and PR = 15 feet. Which lists the angles in measures order from smallest to largest?
A. P. R. Q.
B. R. Q. P.
C. P. Q, R
D. Q. R, P
A B C or D?

Answers

Answer:

A: P, R, Q

Step-by-step explanation:

Because since PQ = 11, then you have to put an arrow across from that side with is angle R and that's Middle. QR = 7, which you have to put an across from that side with is angle P, and that's smallest. PR = 15, which you have to put an arrow across from that side which is angle Q, and that's the largest. Now put everything in order from the angles smallest to largest like this,

P, R, Q.

Hope this helps :)

The angles in measures order from smallest to largest is <P, <Q and <R.

What is Triangle property?

If two triangle angles are not equal, the lengths of the sides that face them are also not equal, with the longer side facing the larger angle.

Given:

PQ = 11 feet. QR = 7 feet, and PR = 15 feet.

The Largest side is PR = 15 feet.

So, the angle opposite to largest side is also largest, i.e., <R is largest.

and, smallest side is QR = 7 feet,

So, the angle opposite to smallest side is also smallest, i.e., <P is smallest.

Hence, angles in measures order from smallest to largest is <P, <Q and <R.

Learn more about Triangle property here:

https://brainly.com/question/28776462

#SPJ2

Which shows how to find the value of this expression when x=-2 and Y = 5? (3x^3y^-2)^2

3^2(-2)^6/5^4

3(-2)^6/5^4

3^2(5)^6/(-2)^4

3/(2)^65^4

plz answer I'll give Brainliest to first (as long as it's right lol)​

Answers

That’s too many arrows

Could someone help me with this one? I'm a tad stuck. I'll give brainliest to the correct answer!

Answers

Answer: 130 or a

Step-by-step explanation: 360-230=130

Answer:

130°

Step-by-step explanation:

First step you need draw a line from X to O and line Z to O. Both of them are radius.

as we know, radius and tangent line are always perpendicular. so the degree is 90° each.

shape of XYZO is kite with total of 360°

so the arc XZ have

360 - 50 - 90 - 90 = 130°

Daniela is saving her babysitting money to buy a bicycle that costs $290. The first week, she saved $66, and the second week she saved $113. Use the diagram to find b, the amount of money Daniela still needs to save for a bike. $290 $113 $66

Answers

Answer:

b = 111

Step-by-step explanation:

66 + 113 = 179

So in order to have a total of $290, you need about $111 more dollars.

270 - 179 = 111

So the final answer is 111.

Answer:

$111

Step-by-step explanation:

Cost of the bicycle=$290

total saved= $66 + $113

=$179

b = $290 - $179

=$111

find the slope of the line passing through the points (-7,-7) and (4,-7)

Answers

Answer:

it it negative

Step-by-step explanation:

-7--7 divided by 4--7

Which is 0

What is the slope of the line that passes through the points (-2,4) and (3, -2)? need answers Fast!

Answers

Answer:

guchahdhxjvabdnx

Step-by-step explanation:

guvnhsnvcjbcgn

It costs Seth's socks $1.25 to produce each pair of socks. Seth's sells its socks for $4.00 per pair. What is the percent markup on the socks?
A- 31.25%
B- 68.75%
C- 220%
D- 320%

Answers

Answer:

4.00 - 1.25/1.25= 2.2 x 100 = 220

3 friends were at a Mexican Restaurant. They were feeling hungry, so they ordered 8 burritos to eat. They want to share the burritos equally and eat them all. How much will each friend get? Write your answer as a fraction.
~PLEASE ANSWER QUICKLY~

Answers

Answer:

8/3 or 2 and 2/3

Step-by-step explanation:

Answer:

2.666

If the number you're dividing by has a decimal, move the decimal point all the way to the right counting the number of places you've moved it to. Then move the decimal point in the number you're dividing the same number of places to the right.

Insert a decimal point in the quotient (answer) space, exactly above the decimal point in the number under the division bar.

Divide until the remainder is zero, or until you have enough decimal places in your answer. You can also stop if the remainder repeats because this indicates that your answer is a repeating decimal.

1st Equation
2nd Equation
3rd Equation
2+ 3 = 5
9 + (-1) = 8
11 to x = 7
3 + 2 = 5
8+1=9
5-3 = 2
1-(-8)=9
5- 2 + 3
8-9=1

Answers

Answer:2nd

Step-by-step explanation:

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