"tuuvui <
comparing simple and compound interest
um and britt each deposit $5,000 into...
![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 02.12.2019 07:31, ariyanna029
"tuuvui <
comparing simple and compound interest
um and britt each deposit $5,000 into accounts that earn 5% interest. adam's account
sunnual simple interest while britt's account earns annual compouna inter
its account earns annual compound interest. the tables below
w how much interest is earned each year for the first 3 years in adam and britt's accounts.
att
annual compound interest
adam
annual simple interest
calculation interest
britt
interest
calculation
$250
$250
$262.50
$250
year 1 5,000.05)
year 2 5,.05)
year 3 5,000(.05)
total interest earned:
year 1 5,000(.05)
year 2 5,2500.05)
year 3 5,512.500.05)
total interest earned:
$275.63
$250
$788.13
$750
a. who will earn more interest after three years, and how much more?
b. using the tables to , describe any differences you notice between how adam and britt':
interest amounts are calculated.
![answer](/tpl/images/cats/otvet.png)
Answers: 1
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Mathematics, 21.06.2019 16:30, Hfruit
You drop a rubber ball off the roof of a 50 meter high building onto a paved parking lot. it bounces back up with every bounce, but not quite all the way back up to you. after the first bounce it bounces back only 80 percent of the distance it was dropped from. the pattern continues, meaning after every bounce it comes up to just 80 percent of the previous maximum height. so if before the first bounce the height is 50 meters, what height does the ball reach after the fifth bounce? round your answer to one decimal place and chose the correct response from the choices below:
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