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Mathematics 22 Online
OpenStudy (anonymous):

I need help with math questions I dont understadn them and If someone could do these for me I would be very thankful If I fail this I will be in big trouble I hope someone can help me

OpenStudy (anonymous):

@Luigi0210 @Opcode @phi

OpenStudy (anonymous):

what is the question?

OpenStudy (anonymous):

here is the first one Larry and Peggy are making decisions on their bank accounts. Larry wants to put the original money in an account with a higher interest rate. Peggy wants to put more money in as a principle amount because the more you start with, the more interest you will gain. Explain which method will result in more money.

OpenStudy (anonymous):

Please I really need help with these and if I fail i will go below my grade

OpenStudy (anonymous):

@phi please can you help me?

OpenStudy (anonymous):

ohh... money why does treasure have to be so complicated? ^.^

OpenStudy (anonymous):

you think you can answer for me this peterPan?

OpenStudy (anonymous):

I really dnt know this and I dont want to fail and lose mor grade points

OpenStudy (anonymous):

please

OpenStudy (anonymous):

it matters based on the actual amount they are investing

OpenStudy (anonymous):

it does not say taht all there is to the question

OpenStudy (anonymous):

@PeterPan @phi either of u can help me??

OpenStudy (anonymous):

vague

OpenStudy (phi):

The question is not clear to me. If you put the same amount of money in two different accounts (that have different interest rates) the one with the bigger interest rate will have more money in it after a year

OpenStudy (anonymous):

ohh :( then what am I supposed to do if it dosent have numberss?

OpenStudy (phi):

I think there is more background information to the question than you have posted.

OpenStudy (anonymous):

tahts all there was

OpenStudy (anonymous):

Exponential and Logarithmic Functions is the thing im studying

OpenStudy (phi):

what is the "original money" they mention in " Larry wants to put the original money in an account"

OpenStudy (anonymous):

it does not say its all it says on the questions

OpenStudy (phi):

Did they write anything before the first question?

OpenStudy (anonymous):

no

OpenStudy (anonymous):

like who would be right larry or peggy

OpenStudy (anonymous):

which method will work better and why peggys or larrys

OpenStudy (phi):

in general, higher interest rate wins over starting with more money. But the devil is in the details. If you start with $1 at 10% versus $100 at 5% for a year, the $100 dollars will have more money at the end of the year.

OpenStudy (anonymous):

so who would be right Larry?

OpenStudy (anonymous):

@phi ??

OpenStudy (anonymous):

@PeterPan I have a different question want to try it??

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