Whitney deposits $9,000 for two years. She compares two different banks. State Banks will pay her 4.1% interest, compounded monthly. Kings Savings will pay her 4.01% interest, compounded continuously.

1)state bank

2)$16.21

Step-by-step explanation:

CHECK THE COMPLETE QUESTION BELOW

Whitney deposits $9,000 for two years. She compares two different banks. State Banks will pay her 4.1% interest, compounded monthly. Kings Savings will pay her 4.01% interest, compounded continuously.Which bank pays higher interest? How much higher?

The Amount in the formula for compound interest is

A= P(1+r)^2

P = principal amount,

r = rate per periods,

t = number of periods,

To know the interest she got from the State bank, we say

P = $ 9000, r = 4.1% = 0.041, t = 2 years,

A= 9000(1+0.041)^2

A= 9000(1.041)^2

= 9767.74

Then interest earned = A - P

= 9767.74 - 9000

= $ 767.74

To know the interest she got from the State bank, we say

P = $ 9000, r = 4.01% = 0.0401, t = 2 years,

A= 9000(1+0.0401)^2

A= 9000(1.0401)^2

= 9751.53

Then interest earned = A - P

= 9767.74 - 9000

= $ 751.53

The difference between the two interest is ($ 767.74 - $ 751.53)

=$16.21

Hence state bank will have $16.21 higher interest

the k side

step-by-step explanation:

plese mark mde brainliest!

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!