Three friends decide that they each want to be able to buy a new boat in five years. vanore puts $1,000 in a savings account with a simple interest rate of 4.5%. keir invests $1,200 in a standard savers account with a simple interest rate of 4%. omar invests $950 in a junior achievers account with a 6% annual compound interest rate. who will have the most money to spend on a new boat at the end of the five years? use the formula mc019-1.jpg for simple interest and mc019-2.jpg for compound interest. round to the nearest dollar.

Keir will have the most money ($1440) to spend on a new boat at the end of the five years.

Step-by-step explanation:

We have been given that three friends decide that they each want to be able to buy a new boat in five years.

Let us find the money earned by each friend after 5 years.

We will use simple interest formula to find the amount of money earned by Vanore and Keir.

, where,

,

,

,

Let us convert 4.5% interest rate in decimal for.

Therefore, Vanore will have $1225 after 5 years.

Let us convert 4% interest rate in decimal for.

Therefore, Keir will have $1440 after 5 years.

We will use compound interest formula to find the amount of money earned by Omar.

, where,

,

,

,

,

Let us convert our given interest rate in decimal form.

Therefore, Omar will get $1271.314 after 5 years.

As $1440 is greater than $1225 and also than $1271.31, therefore, Keir will have the most money to spend on a new boat at the end of the five years.

you forgot the options, but i found them anyways, the correct answer is "john wilson believes that words and actions based on the intellect are superior to those based on emotions".

john wilson is depicted as an extremely intelligent man. the point of the excerpt is to make a sort of distinction between emotional and rational intelligence. he happens to have both attributes, but he clearly favors his intellectual gifts. at the same time, because of his religious background, he's a little bit conflicted with this and it makes him ashamed.

hope this !

its 50 miles away from the starting point