Question

2) Mr. Jenkins deposited $1,200 into an account. He made no additional

deposits or withdrawals. Jenkins earned 4.0% annual simple interest on
the money in the account. What was the balance in dollars and cents in
Mr. Jenkins's account at the end of 4 years?

Answer 1

The Pony Express
Chapter 1
At A Nation's Crisis
The Pony Express was the first rapid transit and the first fost mail line across the continent from the Missouri River to the Pacific Coast. It was a system
by means of which messages were carried swiftly on horseback across the plains and deserts, and over the mountains of the far West It brought the
Adontic coost and the Pacific slope ten days nearer to each other.
It had a brief existence of only sixteen months and was supplanted by the transcontinental telegraph. Yet it was of the greatest importance in
binding the East and West together at a time when overland travel was slow and cumbersome, and when a great national crisis made the rapid
communication of news between these sections an imperative necessity.
The Pony Express marked the highest development in overland travel prior to the coming of the Pacific railroad, which it preceded nine years.
It, in fact, proved the feasibility of a transcontinental road and demonstrated that such a line could be built and operated continuously the year
around-a feat that had always been regarded as impossible.
The operation of the Pony Express was a supreme achievement of physical endurance on the part of man and his ever faithful companion, the
horse. The history of this organization should be a lasting monument to the physical sacrifice of man and beast in an effort to accomplish
something worthwhile. Its history should be an enduring tribute to American courage and American organizing genius.
Read this line from the Pony Express excerpt
It hod a brief existence of only sixteen months and was supplanted by the transcontinental telegraph.
Based on the corres, what does the word "supplanted" mean? (5 points)
Defeated
Joined
Replaced
Os
Oo
Unearthed

Answer 2

Hello, I Am BrotherEye

Answer:

The balance in dollars and cents in Mr. Jenkins’s account at the end of 4 years was $ 1,462.50

Explanation:

1. Let's review the information given to us to answer the question correctly:

Initial deposit = $ 1,250

Interest rate = 4.25% annual simple = 0.0425

Time of investment = 4 years

2. What was the balance in dollars and cents in Mr. Jenkins’s account at the end of 4 years?

Let's recall the simple interest formula, as follows:

A = P * (1 + rt), where:

A = final amount

P = initial principal balance

r = annual interest rate

t = time (in years)

Replacing with the values we know:

A = P * (1 + rt)

A = 1,250 * (1 + 4 * 0.0425)

A = 1,250 * 1.17

A = 1,462.50

The balance in dollars and cents in Mr. Jenkins’s account at the end of 4 years was $ 1,462.50

Explanation: