Melisa has recently inherited $15,000 that she wants to deposit into a savings account for 10 years. She has determined that her two best bets are an account that compounds annually at a rate of 3.95% and an account that compounds continuously at an annual
rate of 3.85%. How much interest could Melisa gain after 10 years if she chooses the 3.85% account?
A. $22,097.15
B. $22,044.21
C. $7,097.15
D. $7,044.21
E. None of them

She will gain $ 6885.4896 after 10 years if she chooses 3.85% account.

Step-by-step explanation:

Given,

Principle (P) = $ 15000

Time (T) = 10 years

Rate of interest (R) = 3.85%

To find the compound interest.

Formula

CI = -P

Putting the values we get,

CI =  

= 21885.4896-15000

= 6885.4896

Hence,

She will gain $ 6885.4896.

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step-by-step explanation:

the x's and the y's both go up the same amount each time, therefore it will be a linear function because it will go in a straight line when drawn on a graph.

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"it's not the heat, it's the humidity".   that's a partly valid phrase you may have heard in the summer, but it's actually both.   the heat index, also known as the apparent temperature, is what the temperature feels like to the human body when relative humidity is combined with the air temperature.   this has important considerations for the human body's comfort.   when the body gets too hot, it begins to perspire or sweat to cool itself off.   if the perspiration is not able to evaporate, the body cannot regulate its temperature.   evaporation is a cooling process.   when perspiration is evaporated off the body, it effectively reduces the body's temperature.   when the atmospheric moisture content (i.e. relative humidity) is high, the rate of perspiration from the body decreases.   in other words, the human body feels warmer in humid conditions.   the opposite is true when the relative humidity decreases because the rate of perspiration increases.   the body actually feels cooler in arid conditions.   there is direct relationship between the air temperature and relative humidity and the heat index, meaning as the air temperature and relative humidity increase (decrease), the heat index increases (decreases).

step-by-step explanation: