Jack has $500 in a bank account that will earn 3% interest every year. Diane has $100 in an investment account that will earn 12% every year. How many years will it take for Diane's account balance to overtake Jack’s?

20 years

Step-by-step explanation:

A=500(1+.03)^20

$903

A=100(1+.12)^20

$964

It took her 20 years to overtake.

Step-by-step explanation:

Jack

Yearly interest = 0.03*500 = $15

Diane

Yearly interest = 0.12*100 = $12

Diane's initial amount and yearly interest amount are both less than of Jack's.

It means her balance will never overtake Jack's.

It is not mentioned in the question but let's assume it is compound interest which is annually compounded.

Then after x years their balance will be:

Jack

Diane

Solve inequality below:

answer

false

explanation

these practices describe the manner the land use outcome is attained. land management methods implemented by corporations are a mandatory because they are a driver for better land use results economically, socially and environmentally. corporations are required to understand the connection between land use , and land management practices to support sustainable land use policies

c

step-by-step explanation: