24.01.2020

Sampson is a college sophomore who wants to open a savings account so he can save $50 per paycheck toward spring break March. Account a offers an interest rate of 0.75% and no fees. Account be offers an interest rate of 1% and a low balance fee every month account dips below $2500 which account is a better option for Sampson?

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Mathematics
Step-by-step answer
P Answered by PhD

Account A is a better option for Sampson because it offers a reasonable interest and there are no fees charged.

Step-by-step explanation:

We are told that Account A offers an interest rate of 0.75% and no fees while Account B offers an interest rate of 1% and a low balance fee every month the account dips below $2500.

Now, from the above statement, it is clear that Account A offers an interest rate with no fees while Account B offers an interest with fees.

Now, account A will be better because it is a direct savings which he can project the total sum he will have by spring in March since there are no fees deducted whereas for Account B, though it has a slightly higher interest rate, it wouldn't be a better option for him because a fee is deducted from his balance every month the account dips below $2500. Which means before he gets more than $2500, he would have gotten deductions every month up till then which means ultimately less profit than Account A.

Thus, Account A is a better option for Sampson because it offers a reasonable interest and there are no fees charged.

Mathematics
Step-by-step answer
P Answered by PhD

Account A is a better option for Sampson because it offers a reasonable interest and there are no fees charged.

Step-by-step explanation:

We are told that Account A offers an interest rate of 0.75% and no fees while Account B offers an interest rate of 1% and a low balance fee every month the account dips below $2500.

Now, from the above statement, it is clear that Account A offers an interest rate with no fees while Account B offers an interest with fees.

Now, account A will be better because it is a direct savings which he can project the total sum he will have by spring in March since there are no fees deducted whereas for Account B, though it has a slightly higher interest rate, it wouldn't be a better option for him because a fee is deducted from his balance every month the account dips below $2500. Which means before he gets more than $2500, he would have gotten deductions every month up till then which means ultimately less profit than Account A.

Thus, Account A is a better option for Sampson because it offers a reasonable interest and there are no fees charged.

Mathematics
Step-by-step answer
P Answered by PhD
Answer: 440 grams for 1.54 is the better value
Explanation:
Take the price and divide by the number of grams
1.54 / 440 =0.0035 per gram
1.26 / 340 =0.003705882 per gram
0.0035 per gram < 0.003705882 per gram
Mathematics
Step-by-step answer
P Answered by PhD

For 1 flavor there are 9 topping

Therefore, for 5 different flavors there will be 5*9 choices

No of choices= 5*9

=45 

Mathematics
Step-by-step answer
P Answered by PhD

y=2x+15

where y=Value of coin

x=Age in years

Value of coin after 19 years=2*19+15

=$53

Therefore, Value after 19 years=$53

Mathematics
Step-by-step answer
P Answered by PhD
The answer is in the image 

The answer is in the image 

Mathematics
Step-by-step answer
P Answered by PhD

F=ma

where F=force

m=mass

a=acceleration

Here,

F=4300

a=3.3m/s2

m=F/a

    =4300/3.3

    =1303.03kg

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