Suppose $15,000 is deposited into an account paying 6.5% interest, which is compounded annually. How much money is in the account after five years, if no withdrawals or additional deposits are made?

Answers

Answer 1

The interest you earn on interest is known as compound interest. Simple math may be used to demonstrate this: if you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year.

How does a calculator for compound interest operate?The yearly interest rate is raised to the number of compound periods minus one, and the starting principal amount is multiplied by both of these factors. The resulting value is subsequently deducted from the loan's entire original amount. The compound interest per month is calculated using the monthly compound interest formula. Compound interest is calculated as follows: CI = P(1 + (r/12)). 12t - P, where t is the time, P is the principle sum, and r is the interest rate expressed as a decimal.For  instance :

Starting amount: $15,000

Years to save: 5

Rate of return: 6.5%

Additional contributions: $0

Frequency: per month

Interest: compound annually

Your estimated total is $20,551 after 5 years.

To Learn more About  compound interest refer to:

https://brainly.com/question/24924853

#SPJ1

Suppose $15,000 Is Deposited Into An Account Paying 6.5% Interest, Which Is Compounded Annually. How

Related Questions

Determine whether the statement is true or false. If the statement is false, make the necessary change(s) to produce a true statement.

The equation 7x - 5 = 0 is equivalent to 7x = -5.

Answers

7x-5=0
7x=5
x=5/7

Your answer was wrong. When you transpose (shift) the -5 to right side the sign should change and become a positive 5.
I don’t know if that makes sense.
In maths, when you move a number over the equal sign whether it’s to the right or the left of the equal sign the sign infront if the number must change as well.

Example:
2x +4=0
2x= -4
x=-2

what is the range of data?
40
42
54
96

what is the median of the data?
64.5
72.5
74.5
75

what is the mode of the data?
5
70
75
88

what is the range of data?40425496what is the median of the data?64.572.574.575what is the mode of the

Answers

The range, median and mode of the data-set are given as follows:

Range: 42.Median: 74.5.Mode: 75.

How to obtain the features?

Considering the stem-and-leaf plot, the data-set is given as follows:

54, 55, 60, 66, 69, 72, 73, 74, 75, 75, 81, 82, 88, 89, 95, 96.

The range of a data-set is calculated as the difference between the highest value and the lowest value in the data-set, thus:

96 - 54 = 52.

The data-set has an even cardinality of 16, hence the median is calculated as the mean of the two middle elements as follows:

Median = (74 + 75)/2

Median = 74.5.

The mode of a data-set is the observation that appears the most times in the data-set, hence it is of 75, which is the only observation that appears twice in the data-set.

More can be learned about stem-and-leaf plot at https://brainly.com/question/8649311

#SPJ1

x/-5+6 is greater than or equal to 2

Answers

Answer:

\(x\geq 2\)

Step-by-step explanation:

Write out the problem

\(\frac{x}{-5+6} \geq 2\)

Simplifiy -5 + 6 = 1

\(\frac{x}{1} \geq 2\)

Remember that any fraction with a denominator of 1 is equilvalent to the numerator, so

\(\frac{x}{1} =x\)

\(x\geq 2\)

Daniel plays a shooting game in a funfair. He needs 48 points to get a skateboard. Each shot that hits the target will be given 6 points while 4 points will be deducted for every failed attempt. Daniel has already failed in three attempts. how many shots that are needed to hit the target for him to win the skateboard​

Answers

Answer:

here you go

Step-by-step explanation:

no of times he failed = -3

points he losed = -3 x 4 = -12

no of times he need to hit the target to get 48 points = 6x

equation

-12 + 6x = 48

6x = 60

x = 10

no of points he  will  gain = 10 x 6 = 60

Jess is overseas and withdraws $150.00 from his account. His bank charges a foreign transaction fee of
$6.00, plus 2.5% when converting to the local currency. How much will his bank charge in fees?

Answers

Answer:

$9.75

Step-by-step explanation:

Given

The sum taken = $150One off fee = $6Rate of conversion = 2.5%

Total fees

6 + 150*0.025 = 6 + 3.75 = $9.75

Answer:

$9.75

Step-by-step explanation:

Take the percentage off what he withdrew.

2.5% = 0.025

150 * 0.025 = 3.75

Add the transaction fee.

6 + 3.75 = $9.75

Best of Luck!

A Read the statement and write the ratio in colon form.
For a fruit cocktail, I need 35 fruits. I will cut the following fruits
into small pieces: 10 apples, 5 papayas, 5 pineapples and the rest are
cherries.
1. The ratio of apples to papayas is​

Answers

Answer:

.

Step-by-step explanation:

Mason irons 3/4 of a shirt in 1/6 of an hour at this rate how many shirts can he iron in 1 hour

Answers

Mason can iron 9/2 shirts in one hour

How to calculate the number of shirts that Mason can hire in one hour?

Mason irons 3/4 of a shirt in 1/6 of an hour

At this rate, the number of shirts ironed in one hour can be calculated as follows

3/4 ÷ 1/6 = x/1

3/4 × 6/1= x/1

18/4= x/1

cross multiply both sides

4x= 18

x= 18/4

x= 9/2

Hence Mason can iron 9/2 shirts on 1 hour

Read more on hour here

https://brainly.com/question/14857428

#SPJ1

Find the value of x in the figure below

Find the value of x in the figure below

Answers

Answer:

37

Step-by-step explanation:

Both the x and the 53 add up to 90 so you subtract 53 from 90 and you get 37

Point A is located at (-3, -5). If point B is 11 units away and is located in quadrant 2, what are the coordinates for point B?

Answers

The answer of the given question based on the graph is  the coordinates of point B are (-8, 4).

What is Quadrant?

A quadrant is one of four regions into which coordinate plane is divided by x-axis and y-axis. The x-axis is horizontal axis and the y-axis is vertical axis. The quadrants are labeled using Roman numerals, starting in upper right quadrant and moving counterclockwise.

Since point B is 11 units away from point A, we know that the distance between them is:

d = √((x2 - x1)² + (y2 - y1)²) = 11

where (x1, y1) = (-3, -5) are the coordinates of point A, and (x2, y2) are the coordinates of point B.

We also know that point B is located in quadrant 2, which means that its x-coordinate is negative and its y-coordinate is positive.

To find the coordinates of point B, we can use the distance formula and the fact that point B is in quadrant 2:

d = √((x2 - x1)² + (y2 - y1)²) => 11 = √((x2 - (-3))² + (y2 - (-5))²)

Since point B is in quadrant 2, its x-coordinate is negative and its y-coordinate is positive:

x2 < 0, y2 > 0

We can choose any values for x2 and y2 that satisfy these conditions and the distance formula equation. Let's choose x2 = -8 and y2 = 4:

11 = √((-8 - (-3))² + (4 - (-5))²)

11 = √(25 + 81)

11 = √106

Therefore, coordinates of point B is (-8, 4).

To know more about Distance formula visit:

https://brainly.com/question/12674171

#SPJ1

what is 12/21 + 18/21 + 14/21

Answers

Answer:

44/21

Step-by-step explanation:

what is 12/21 + 18/21 + 14/21

having the same denominator just add the numerators leaving 21 as the denominator

(12 + 18 + 14)/21 =

44/21

the probability of an airline flight arriving on time at a certain airport is 84%, use a normal approximate to find the probability that more than 240 in a random sample of 400 commercial airline flights at the airport will arrive on time​

Answers

The probability that more than 240 flights in a random sample of 400 commercial airline flights will arrive on time is approximately 1 or 100%.

To solve this problem using a normal approximation, we need to calculate the mean (μ) and standard deviation (σ) of the binomial distribution and then use the normal distribution to approximate the probability.

Given:

Probability of an airline flight arriving on time (success): p = 0.84

Number of trials (flights): n = 400

Number of flights arriving on time (successes): x > 240

First, we calculate the mean and standard deviation of the binomial distribution using the following formulas:

Mean (μ) = n * p

Standard Deviation (σ) = √(n * p * (1 - p))

μ = 400 * 0.84 = 336

σ = √(400 * 0.84 * 0.16) = √(53.76) ≈ 7.33

Now, we can use the normal distribution to find the probability that more than 240 flights will arrive on time. Since we're interested in the probability of x > 240, we will calculate the probability of x ≥ 241 and then subtract it from 1.

To use the normal distribution, we need to standardize the value of 240:

z = (x - μ) / σ

z = (240 - 336) / 7.33

z ≈ -13.13

Now, we can find the probability using the standard normal distribution table or a calculator. Since the value of z is extremely low, we can approximate it as:

P(x > 240) ≈ P(z > -13.13)

From the standard normal distribution table or calculator, we find that P(z > -13.13) is essentially 1 (close to 100%).

Therefore, the probability that more than 240 flights in a random sample of 400 commercial airline flights will arrive on time is approximately 1 or 100%.

For more such questions on probability , Visit:

https://brainly.com/question/24756209

#SPJ11

solve pls brainliest

solve pls brainliest

Answers

9 divided by 3 is 3
63 divided by 3 is 21
Lets take this a step further
3 divided by 3 is 1
21 divided by 3 is 7
Answer is 1 over 7 as a fraction

Figure 1 and figure 2 are right triangles.

two right triangles labeled figure 1 and figure 2, where the legs of figure 1 are 3 units long and the legs of figure 2 are 7 units long

What scale factor was used to produce Figure 2 from Figure 1?

Answers

Answer:

The answer

Step-by-step explanation:

Figure 1 figure

3/4

Two student clubs were selling t-shirts and school notebooks to raise money for an upcoming school event. In the first few minut
notebooks, and made $19. Club B sold 1 t-shirt and 1 notebook, for a total of $8.
-
Use matrices to solve the equation and determine the cost of a t-shirt and the cost of a notebook. Show or explain all necessary:

Two student clubs were selling t-shirts and school notebooks to raise money for an upcoming school event.

Answers

Using matrices the simultaneous equation is solved to get x = 3 and y = 5

How to solve the simultaneous equation using matrices

This method required finding determinants in three occasions then dividing

The given equation

\(\left[\begin{array}{cc}3&2&\\1&1\\\end{array}\right] \left[\begin{array}{c}x\\y\\\end{array}\right]= \left[\begin{array}{c}19\\8\\\end{array}\right]\)

the determinant is

\(\left[\begin{array}{cc}3&2&\\1&1\\\end{array}\right]\)

3 * 1 - 2 * 1 = 3 - 2 = 1

Solving for x

determinant while replacing x values

\(\left[\begin{array}{cc}19&2&\\8&1\\\end{array}\right]\)

19 * 1 - 2 * 8 = 19 - 16 = 3

solving for x = 3/1 = 3

Solving for y

determinant while replacing y values

\(\left[\begin{array}{cc}3&19&\\1&8\\\end{array}\right]\)

3 * 8 - 19 * 1 = 24 - 19 = 5

solving for y = 5/1 = 5

Learn more about simultaneous equations at:

https://brainly.com/question/148035

#SPJ1

Uncle Herman spent $28 at a book store. He bought science fiction and mystery novels. The science fiction novels cost $6 apiece and the mystery novels cost $4 apiece. If Uncle Herman bought 6 novels, how many of each type did he buy?

Answers

The number of science fiction novels bought is 2

The number of mystery novels bought is 4

What is an equation?

An equation is a mathematical statement that is made up of two expressions connected by an equal sign.

We have,

Number of science fiction = m

Number of mystery novels = n

We have the following equation.

6m + 4n = 28 _____(1)

m + n = 6 _____(2)

From(2) we get,

m = 6 - n

Putting in (1) we get,

6(6 - n) + 4n = 28

36 - 6n + 4n = 28

36 - 2n = 28

36 - 28 = 2n

8 = 2n

n = 4

Now,

Putting n = 2 in m = 6 - n
m = 6 - 4

m = 2

Thus,

The number of science fiction novels bought is 2

The number of mystery novels bought is 4

Learn more about equations here:

https://brainly.com/question/17194269

#SPJ1

what is 3.100203 -2.9076

Answers

Answer: 3.100203 - 2.9076 is equal to 0.192623.

Step-by-step explanation:

3.100203 - 2.9076

= 3.100203 - 2 - .9076

= 3 - .9076

= 2.0924

Answer:

3.100203 – 2.9076

= 0.192603

Step-by-step explanation:

Next time you can also use your calculator.

i hope this helps

A sector with a radius 12 cm has an area of 60 pi cm2. What is the central angle measure of the sector in degrees?

Answers

Answer:

The central angle measure of the sector is 150º.

Step-by-step explanation:

A sector of a circle is the portion of a circle enclosed by two radii and an arc.

When you know the central angle the area of a sector is given by

                                              \(A=\pi r^2(\frac{C}{360} )\)

where

r is the radius of the circle of which the sector is part.

C is the central angle in degrees.

We know that the area of the sector is \(60\pi \:cm^2\) and the radius is 12 cm. Applying the above formula and solving for the central angle we get that

\(60\pi =\pi (12)^2(\frac{C}{360}) \\\\\pi \left(12\right)^2\left(\frac{C}{360}\right)=60\pi \\\\\frac{\pi 12^2\cdot \frac{C}{360}}{144\pi }=\frac{60\pi }{144\pi }\\\\\frac{C}{360}=\frac{5}{12}\\\\C=150\)

Answer:5pi/6

Step-by-step explanation:

If f(x) = 2(3x - 5) when f(x) = 74, what is
the value of x?​

Answers

Answer:

f(×)=2(3×-5)

f(×)=74

×

Step-by-step explanation:

2(6×2)=32

Answer:

x = 14

Step-by-step explanation:

Given f(x) = 2(3x - 5) and f(x) = 74, then equate right sides

2(3x - 5) = 74 ( divide both sides by 2 )

3x - 5 = 37 ( add 5 to both sides )

3x = 42 ( divide both sides by 3 )

x = 14

Ruben is driving along a highway that passes through Barstow. His distance d, in miles, from Barstow is given by the equation
d = |210 − 60t|,
where t is the time, in hours, since the start of his trip and
0 ≤ t ≤ 5.
When will Ruben be exactly 90 miles from Barstow?

Answers

Answer:

after 2 hours, andafter 5 hours

Step-by-step explanation:

Given that Ruben's distance from Barstow is d = |210 -60t|, you want to know the time t when he is exactly 90 miles from Barstow.

Setup

The absolute value will be 90 when the argument of the function is either -90 or +90.

The question resolves to two equations:

210 -60t = -90210 -60t = 90

Solution

These two-step linear equations can be solved in the usual way:

-60t = -300 . . . . subtract 210-60t = -120

Then ...

t = -300/-60 = 5 . . . . divide by the coefficient of tt = -120/-60 = 2

Ruben is 90 miles from Barstow after driving 2 hours, and again after driving 5 hours.

Kim is in the tenth grade and takes a standardized science test. Use his test scores below to answer the question that follows. raw score 72 percentile 88 stanine 8 grade equivalent 12.1
Kim's test scores indicate that: he scored as well as or better than 72 of the test takers. 28% of the test takers scored better than he did. he would perform adequately in a twelfth grade science class. he scored as well as or better than 88% of the test takers. he answered 72% of the questions correctly.

Answers

Kim's test scores indicate that he scored as well as or better than 72% of the test takers, and 28% of the test takers scored better than him. His grade equivalent of 12.1 indicates that he would perform adequately in a twelfth grade science class.

His percentile of 88 indicates that he scored as well as or better than 88% of the test takers. His raw score of 72 does not directly indicate the percentage of questions answered correctly, but it can be assumed that he answered a majority of the questions correctly to achieve his score.

Learn more about tests:

https://brainly.com/question/1265793

#SPJ4

Mindy's dog, Rex, weighed 80 pounds a year ago. Now he weighs 92 pounds. What is the percent increase in his weight?
A.
16%
B.
15%
C.
12%
D.
13%

Answers

Answer:

b.15%

Step-by-step explanation:

When 1/3 k + 1/4 k equals 1 what is the value of K

Answers

Answer:

I didn't understand your question so i need to do like this . choose the correct one

When 1/3 k + 1/4 k equals 1 what is the value of K

Amount of water in a pool

Answers

The formula for finding the volume of a rectangular pool with one depth (no shallow or deep end) is L × W × D × 7.5 = V (in gallons). For example, if your swimming pool is 32 feet long, 16 feet wide, and 4 feet deep: 32 × 16 × 4 × 7.5 = 15,360 gallons.

i need HELPPPPPPPPPPPPPPP

i need HELPPPPPPPPPPPPPPP

Answers

Answer:

42 degrees

Step-by-step explanation:

the 138 goes on the opposite side aswell.

it adds up to 180 total so 180-132 = 42

Answer:

PQR + 138° = 180°

PQR = 108° - 138°

PQR = 42°

i need HELPPPPPPPPPPPPPPP

A manufacturer has 576 square inches of material available to construct the 6 faces of a carton, which will be in the shape of a rectangular prism. To maximize the volume, the carton will have dimensions such that the length and width are each twice the height.

Answers

To maximize the volume, of the rectangular prism, the carton should have dimensions of approximately 10.74 inches (length), 10.74 inches (width), and 5.37 inches (height).

What is the dimension required to maximize the volume of the box?

Assuming the height of the rectangular prism is h inches.

According to the given information, the length and width of the prism will be twice the height, which means the length is 2h inches and the width is also 2h inches.

The total surface area of the rectangular prism is given by the formula:

Surface Area = 2lw + 2lh + 2wh

Substituting the values, we have:

576 = 2(2h)(2h) + 2(2h)(h) + 2(2h)(h)

576 = 8h² + 4h² + 4h²

576 = 16h² + 4h²

576 = 20²

h² = 576/20

h² = 28.8

h = √28.8

h = 5.37

The height of the prism is approximately 5.37 inches.

The length and width will be twice the height, so the length is approximately 2 * 5.37 = 10.74 inches, and the width is also approximately 2 * 5.37 = 10.74 inches.

Learn more on maximizing volume here;

https://brainly.com/question/10373132

#SPJ4

So can y’all help me please this is due at 5pm

So can yall help me please this is due at 5pm

Answers

Answer:

Variable terms: 4a and 6a

Constant terms: 4 and 11

Step-by-step explanation:

A constant term is one that is NOT multiplied by any variables.

At this level of math, think of constants as terms that are only numbers.

(for example: 1, 68.9, -42, etc.)

Note that a term in « a + bi » form can also be a constant.

A variable term is a one that IS multiplied by a variable.

(for example x, -3y, 8z, etc.)

In question 1, the variable terms are:

4a and 6a because they are multiplied by the variable a

The constant terms are:

4 and 11 because they are simply integers

Note that the constant terms could also be written as -4 and -11 depending on how the operations are viewed (subtracting vs adding a negative)

A bag contains 8 red marbles, 3 blue marbles, and 1 green marble. Find P(not blue).
A. 9
B. 4/3
C. 1/4
D. 3/4
Please select the best answer from the choices provided.

Answers

It’s answer D
8+3+1=12
1-3/12=3/4

Find the value of each variable.

Find the value of each variable.

Answers

Answer:

x=4

Step-by-step explanation:

both corners are 78 meaning the opposite sides are equal in value.

10x-1 = 4x+23

6x = 24

x= 4

double check by putting in 4 to each equation and see if they are equal

10*4-1 = 39

4*4+23= 39

4x50=??? use a calculator only if you need to!

Answers

Answer:

so if you know what

4 x 5 is you can just add a 0 to the end

so 4 x 5 = 20

o now add a 0

the awnser is 200!!

Step-by-step explanation:

Jane has to stickers /
or Janes stickers
aquals or
Andy stickers
aj How much sticker
der andy have

Answers

Answer:

Andy basically has two stickers

Other Questions
Do in excelRoger would like to build a spreadhseet that determines thenumber of working days he has to complete an assignment The graph below shows the price of different numbers of mats below at a store: Which equation can be used to determine p, the cost of b mats?P= 10.50+bB= 10.50+pB= 10.50pP=10.50b Please help me if you good at science Im over here struggling Ill mark brainliest :) !!!! 100 POINTS !!!!! super behind on my math class so just trying to finish these as quickly as possible to help get caught up !Task 1: Solutions of Simple Quadratic EquationsQuadratic equations often do not have only a single solution. Sometimes they may have two solutions or even no solutions. In this task you will look at some simple quadratic equations and extend the basic idea to some simple higher-order polynomials.A. What are the solutions to the equation x2 = 9?Type your response here:B. Explain why there is more than one solution to the equation.Type your response here:C. When will the equation xn = c, where c is a whole number, have two solutions? Explain.Type your response here:D. If c is a negative number in the equation xn = c, how does that affect your ability to solve the equation for different values of n? Explain.Type your response here:E. If c1 and c2 are real numbers, give the relationship between them that will allow you to find solutions for the equation xn + c1 = c2, regardless of the value of n.Type your response here: if s is a factor of 16 then the gcf of s and 16 is 16 true or false Does Social Media have a largely positive impact on its users? You will compose a three to five (double-spaced) page position paper on the topic. The following format should be used:Opening paragraph:Supporting paragraphs/Body of the Paper: Paragraphs to Discuss Opposing Views/Body of the Paper: Concluding paragraph: Sources Cited: HELP NEEDED ASAP DUE TMRW MORNING!!! Who is believed to be the first free African in the Americas? The greatest advantage of over advertising as a promotional tool is that it:A. is inexpensive.B. gets more attention.C. is often repeated in the media.D. has more credibility. a 6.5 v potential difference is applied between the ends of a 0.80-mm -diameter, 30-cm -long nichrome wire. what is the current in the wire? 110,)1111110[tex]100 \div 1111110[/tex] which graph shows a function and its inverse ? explain the link between scarcity and each of the followin On June 20, 2022, Arlington Company purchased land, building, and equipment for $1,300,000. The assets had the following book and fair values.Book Value Fair ValueLand $ 400,000 $ 600,000Building 500,000 750,000Equipment 300,000 150,000Total $1,200,000 $1,500,000 Which layer provides logical addressing that routers use for path determination? 2. How does Global Mindset affect success in international business? Give one specific example. 3. Use three countries from the cultural values data in Hofstede's Country Comparison research. Apply visualization to describe their cultural values and implications for doing business in each of the three. See the example below: new entry into markets, whether by start-ups or by incumbent firms, rarely threatens existing competitors. True or False? Stores often mark up items each year to cover inflation.Last year, a CD at Juan's Tunes cost $12.95. This year,the cost was marked up 8%. The store also gave anyonewho bought four CDs thisyear a 10% discount. Explainthe steps to find the final cost for the four CDs this year. HELPPP I will mark brainlist if u get it correct A soap company specializes in a luxury type of bath soap. The sales of this soap fluctuate between two levels - "Low" and "High" - depending upon two factors: (1) whether they advertise, and (2) the advertising and marketing of new products being done by competitors. The second factor is out of the company's control, but it is trying to determine what its own advertising policy should be. For example, the marketing manager's proposal is to advertise when sales are low but not to advertise when sales are high. Advertising in any quarter of a year has its primary impact on sales in the following quarter. Therefore, at the beginning of each quarter, the needed information is available to forecast accurately whether sales will be low or high that quarter and to decide whether to advertise that quarter. The cost of advertising is $1 million for each quarter of a year in which it is done. When advertising is done during a quarter, the probability of having high sales the next quarter is 0.5 or 0.75, depending upon whether the current quarter's sales are low or high. These probabilities go down to 0.25 or 0.5 when advertising is not done during the current quarter. The company's quarterly profits (excluding advertising costs) are $4 million when sales are high but only $2 million when sales are low. (Hereafter, use units of millions of dollars.) a. Construct the (one-step) transition matrix for each of the following advertising strategies: (i) never advertise, (ii) always advertise, (iii) follow the marketing manager's proposal. b. Determine the steady-state probabilities for each of the three cases in part (a). c. Find the long-run expected average profit (including a deduction for advertising costs) per quarter for each of the three advertising strategies in part (a). Which of these strategies is best according to this measure of performance? What is the schema that contains the database description information for mysql?.