Sydney was given 4 one thousand dollar bills, 2 one hundred dollar bills, 9 one dollar bills and 8 dimes, 3 pennies. Jacob was given 3 one thousand dollar bills, 9 one hundred dollar bills, 8 ten dollar bills, 7 one dollar bills, and 7 dimes, 6 pennies. Who had more money? How much more?

Sydney has more money. She has $222.07 more than Jacob.

Step-by-step explanation:

Here are the values:

one thousand dollar bill=1,000

one hundred dollar bill=100

ten dollar bill=10

one dollar bill=1

dime=0.10

penny=0.01

From this, we can calculate the amount of money each person has:

Sydney=4(1,000)+2(100)+9(1)+8(0.10)+3(0.01)

Sydney=4,000+200+9+0.8+0.03

Sydney=$4,209.83

Jacob=3(1,000)+9(100)+8(10)+7(1)+7(0.10)+6(0.01)

Jacob=3,000+900+80+7+0.7+0.06

Jacob=$3,987.76

According to this, Sydney has more money.

$4,209.83-$3,987.76=$222.07

Sydney has $222.07 more than Jacob.

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

75

step-by-step explanation: