Faye has $5,000 that she is going to deposit into two accounts as shown: Account Deposit Interest Type Interest Rate
#1 $2,000 Simple 5%
#2 $3,000 Compound 4%
Assuming that Faye does not make any additional deposits or withdrawals, find the combined amount of her two accounts after 15 years.

$15,902.83

$3,902.83

$8,902.83

$6,902.83

$8,902.83

Step-by-step explanation:

8,902.83

Step-by-step explanation:

I have the same question but with different answers

except 8,902.83

the correct answer is option c.   3

step-by-step explanation:

points to remember

equation of the line with coordinates (x₁, y₁) and (x₂, y₂) is given by,

slope m = (y₂ - y₁)/(x₂ - x₁)

from the figure we can see a line with two coordinates given

to find the slope of given line

here   (x₁, y₁)   = (-1, -1 ) and (x₂, y₂) = (1, 5)

slope m = (y₂ - y₁)/(x₂ - x₁)

  = (5 - -1)/(1 - -1)

  = (5 + 1)/(1 + 1)

  = 6/2 = 3

therefore the correct answer is option c.   3

they used 313 gallons of paint