tasha invests $5,000 at 6% annual interest and an additional $5,000 at 8% annual interest. thomas invests…

tasha invests $5,000 at 6% annual interest and an additional $5,000 at 8% annual interest. thomas invests $10,000 at 7% annual interest. which statement accurately compares tashas and thomass investments if interest is compounded annually?\ncompound interest formula: $v(t)=p(1 + \\frac{r}{n})^{nt}$\n$t$ = years since initial deposit\n$n$ = number of times compounded per year\n$r$ = annual interest rate (as a decimal)\n$p$ = initial (principal) investment\n$v(t)$ = value of investment after $t$ years\neach person will have exactly the same amount over time because each invested $10,000 at an average interest rate of 7%.\ntashas investment will yield more over many years because the amount invested at 8% causes the overall total to increase faster.\nthomass investment will yield more from the start because he has more money invested at the average percentage rate

tasha invests $5,000 at 6% annual interest and an additional $5,000 at 8% annual interest. thomas invests $10,000 at 7% annual interest. which statement accurately compares tashas and thomass investments if interest is compounded annually?\ncompound interest formula: $v(t)=p(1 + \\frac{r}{n})^{nt}$\n$t$ = years since initial deposit\n$n$ = number of times compounded per year\n$r$ = annual interest rate (as a decimal)\n$p$ = initial (principal) investment\n$v(t)$ = value of investment after $t$ years\neach person will have exactly the same amount over time because each invested $10,000 at an average interest rate of 7%.\ntashas investment will yield more over many years because the amount invested at 8% causes the overall total to increase faster.\nthomass investment will yield more from the start because he has more money invested at the average percentage rate

Answer

Answer:

Tasha's investment will yield more over many years because the amount invested at 8% causes the overall total to increase faster.