subject
Mathematics, 25.03.2021 20:10 china2221

Jameson and Quincy each deposit $7,000 into accounts that earn 6% interest, but Jameson earns annual simple interest while Quincy earns annual compound interest. Assuming neither one of them makes any deposits or withdrawals for 5 years, which of the following is a true statement? Jameson will have about $9,367.58 less in his account than Quincy.

Jameson will have about $267.58 less in his account than Quincy.

Jameson will have about $2,367.58 more in his account than Quincy.

Jameson will have about $2,100 more in his account than Quincy.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 13:10
How do you answer this question? (step by step)
Answers: 3
question
Mathematics, 21.06.2019 21:40
Ineed your ! i was to turn this into pond first thing i gotta do is outline the inside with this plastic how big should i cut the plastic the height: 10 1/2” the length: 40” the width: 12” me !
Answers: 1
question
Mathematics, 22.06.2019 00:30
Will mark 50 show all what is the solution to the system of equations? use the substitution method and show your work. -5x+y= -3 -15 x+3y=7 explain what your answer in part (a) tells you about the association of the lines in this system.
Answers: 1
question
Mathematics, 22.06.2019 00:40
Ican interpret and represent the remainder in division calculations sensibly for the context (eg 27.4 in calculating average height in cm: $27.44 if it represents an amount of money) solve the following problems. 15) the wildlife park charges $25.50 dollars per person to enter their park if the park made $15096 dollars today, how many people entered the park? 16) ms adams plus 2,230 other keen runners ran a marathon: between them they ran 94817.5km. how many km did each competitor run?
Answers: 1
You know the right answer?
Jameson and Quincy each deposit $7,000 into accounts that earn 6% interest, but Jameson earns annual...
Questions
question
History, 13.11.2020 18:30
Questions on the website: 13722367