How much would $500 invested at 6% interest compounded monthly be worth after 5 years? Round your answer to the nearest cent. A.$669.11B.$674.43C.$886.41D.$512.63
Answers
Solution:
Given that;
[tex]\begin{gathered} Principal=P=\text{ \$500} \\ rate=r=\frac{6}{100}=0.06 \\ time=t=\text{ 5 years} \end{gathered}[/tex]To find the amount in 5 years, we will apply the compound interest formula below
[tex]\begin{gathered} A=P(1+\frac{r}{n})^{nt} \\ Since,\text{ it is compounded montly, n = 12} \end{gathered}[/tex]Substitute the values of the variables into the formula above
[tex]\begin{gathered} A=500(1+\frac{0.06}{12})^{(5\times12)}=500\left(1+\frac{0.06}{12}\right)^{60}=674.42507 \\ A=\text{ \$}674.43\text{ \lparen nearest cent\rparen} \end{gathered}[/tex]Hence, the answer is B
Related Questions
WRITE AN EQUATION TO DESCRIBE THE RELATIONSHIP BETWEEN J AND Mj | 4 | 12 | 20m | 3 | 9 | 15
Answers
First, we can use the points (4,3) and (20,15) to find the slope of the line:
[tex]\begin{gathered} s=\frac{m_2─m_1}{j_2─j_1}=\frac{15─3}{20─4}=\frac{12}{16}=\frac{3}{4} \\ s=\frac{3}{4} \end{gathered}[/tex]Now we can find the relation function using the point (4,3) and the slope s=3/4
[tex]\begin{gathered} m─m_1=s(j─j_1) \\ \Rightarrow m─3=\frac{3}{4}(j─4)=\frac{3}{4}j─(\frac{12}{4})=\frac{3}{4}j─3 \\ m=\frac{3}{4}j \end{gathered}[/tex]therefore, the equation to describe the relationship between J and M is m=3/4j
Using the information found in these tables which of the following statements is true
Please helpppp
Answers
How did the people of the Plymouth Colony fail to achieve the ideals of the Mayflower Compact? They did not come together to create a government. They did not write laws that protected everyone in the colony. They did not create an orderly community within the colony. They did not form a civil body that could preserve the colony.
Answers
The people of the Plymouth Colony fail to achieve the ideals of the Mayflower Compact as A. They did not come together to create a government.
What was Mayflower Compact?
The Mayflower Compact was the Plymouth colony's first government instrument. The Pilgrim Fathers, the emigrants who crossed the Atlantic on the Mayflower in search of religious freedom, wrote the manifesto. On November 11, 1620, it was signed on the sands of what is now Provincetown, near Cape Cod. The pilgrims knew they were in a land unfamiliar to the London Company when the Mayflower docked in Plymouth.
The strangers claimed that the Virginia Company contract was null and void. They believed that because the Mayflower landed outside of Virginia Company territory, they were no longer bound by the charter of the company. Because there was no official government over them, the stubborn strangers refused to acknowledge any regulations.
Many of the pilgrims were already weak from disease and a lack of food when they arrived in Plymouth. The journey had been lengthy, and they were running low on supplies. During the winter, the colony lost about half of its population owing to disease and famine.
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Answer:its A i did it on edge
Step-by-step explanation:
Use the graph to write a linear function that relates y to x.
Answers
Answer:
y=4/3x+2
Step-by-step explanation:
a box is constructed out of two different types of metal. the metal for the top and bottom, which are both square, costs 1/ft2 and the metal for teh sides costs 2 ft find the dimensions that minimize cost if the box has a volume of 20 ft 3
Answers
The cost function of the box is C(x) = 2. x² + 160/x and the dimension that lead to the minimum cost is length = ∛40 ft., width = ∛40 ft., height = ∛5 ft.
Let:
x = the bottom's side length
h = the height of the box
Then, the surface area of top and bottom:
A1 = 2. x²
The surface area of vertical sides:
A2 = 4 x. h
The cost function is:
C(x) = 2. x² . 1 + 4 x. h . 2
C(x) = 2. x² + 8 x. h
The volume of the box is:
V = x² . h
20 = x² . h
h = 20 / x²
Substitute h = 20 / x² into the cost function:
C(x) = 2. x² + 8 x. h
C(x) = 2. x² + 8 x. 20 / x²
C(x) = 2. x² + 160/x
At the minimum point, the derivative of a function is equal to zero. Hence,
C'(x) = 4x -160 / x² = 0
x³ = 40
x = ∛40
Substitute x = ∛40 to find the height:
h = 20 / x²
= 2 . 10 / (∛4² . ∛10²)
= ∛10 / ∛2 = ∛5
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Hey!
New question 4 today
Nadia is walking a 3.4-mile trail. She stops to take a break after walking 1.6 miles. Which explains whether the distance Nadia already walked is greater than, less than, or equal to the distance she has left to walk?
!PLEASE!
Don't give wrong answers. (its not very nice)
Only use one of the answer options. (other answers are wrong)
Answers
Based on the distance walked by Nadia when she took her break, the statement that explains the distance already walked is C. The distance Nadia already walked is less because 3.4 - 1.6 = 1.8, and 1.6 < 1.8.
How to find the distance?Nadia had already walked 1.6 miles by the time she took her break. This means that the distance she was still left to walk in the mile trail was:
= 3.4 - 1.6
= 1.8 miles
The distance that Nadia had already walked was 1.6 miles and yet she was left to walk 1.8 miles.
We can therefore conclude that the distance that Nadia already walked is less than the distance still to be walked.
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The distance Nadia already walked is less because 3.4 - 1.6 = 1.8, and 1.6 < 1.8 which is the correct answer would be an option (C).
What is the distance?Distance is calculated as the product of a person's movement and time.
Nadia took a rest after covering 1.6 miles of walking.
This indicates that she had the following distance to cover on the mile trail:
⇒ 3.4 - 1.6 = 1.8 miles
Nadia had already walked 1.6 miles, but she still had another 1.8 miles to go.
Therefore, the distance Nadia has already traveled is less than the distance that needs to be covered.
Hence, the correct answer would be an option (C).
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PLSSSSS
WILL MARK BRAINLIEST!!!
SIMPLEEE
(Yr7)
Answers
Answer:
Step-by-step explanation:
the answer I have given below
kind regards
(-4k - 1) - (-6k - 6)
Answers
Answer:
2k + 5
Step-by-step explanation:
Since this is a subtraction problem, you need to change it to an addition problem. When you do this, you also need to change the sign of each term in the second set of parentheses.
(-4k - 1) - (-6k - 6)
(-4k - 1) + (6k + 6)
Remove the parentheses and add like terms.
-4k - 1 + 6k + 6
2k +5
2K+5
Standard Questions
Question Progress
The average mass of a man is 84 kg and of a woman is 70 kg.
A lift can safely carry 720 kg.
Work out the maximum number of people the lift can safely carry.
Answers
We need to know simple division to solve the problem. The maximum number of men in the lift is 8 and the maximum number of women in the lift is 10.
We will be using the simple concept of division to find the number of people that the lift can carry. The average weight of a man is given to be 84 kg and the average weight of a woman is given to be 70kg. The lift can carry 720 kg, we will find separately the number of men and women that can be carried in the lift. Inorder to find the maximum number of men we divide the total weight the lift can carry by the average weight of a man, we will similarly calculate the maximum number of women.
number of men= 720/84=8.57 which means that the number of men is 8
number of women =720/70=10.28 which means that number of women is 10.
Therefore the lift can carry at most 8 men and at most 10 women.
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PLEASE PLEASE PLEASE HELP ME I WILL MARK BRAINLY
Answers
Answer:
pretty sure its WZX
Step-by-step explanation:
Students in a fitness class each completed a one-mile
Which statements are true about a histogram with one-
walk or run. The list shows the time it took each person
minute increments representing the data? Select three
to complete the mile. Each time is rounded to the
options.
nearest half-minute.
5.5, 6, 7, 10, 7.5, 8, 9.5, 9, 8.5, 8, 7, 7.5, 6, 6.5, 5.5
O A histogram will show that the mean time iS
approximately equal to the median time of 7.5
minutes.
O The histogram will have a shape that is left-skewed.
O The histogram will show that the mean time is greater iS
than the median time of 7.4 minutes.
O The shape of the histogram can be approximated with
a normal curve.
0 The histogram will show that most of the data is
centered between 6 minutes and 9 minutes.
Answers
In linear equation, The histogram will show that most of the data is centered between 6 minutes and 9 minutes.
What in mathematics is a linear equation?
An x-y linear relationship, or two variables in which the value of one of them (often y) relies on the value of the other one, is what is known as a linear equation in two variables (usually x).The dependent variable in this scenario is y since it depends on the independent variable, x.5.5+6+7+10+7.5+8+9.5+9+8.5+8+7+7.5+6+6.5+5.5=111.5
Since there are 15 values,
their mean is 111.5/15=7.43 which is very close to the mean.
A)A histogram will show that the mean time is approximately equal to the median time of 7.5 minutes
D)The shape of the histogram can be approximated with a normal curve.
E)The histogram will show that most of the data is centered between 6 minutes and 9 minutes.
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The new figure that is produced in a transformation is called the
Answers
Let:
[tex]\begin{gathered} P=(x1,y1)=(-3,4) \\ P^{\prime}=(x2,y2)=(4,0) \end{gathered}[/tex][tex]\begin{gathered} x1+a=x2 \\ -3+a=4 \\ so\colon \\ a=4+3 \\ a=7 \\ ---- \\ y1+b=y2 \\ 4+b=0 \\ b=-4 \end{gathered}[/tex]Therefore:
[tex](x,y)\to(x+7,y-4)[/tex]The slope of line ℓ
is greater than 0 and less than 1. Write an inequality for the slope of a line perpendicular to ℓ
.
Answers
By properties of perpendicular lines and algebra properties, the slope of the line perpendicular to line ℓ is represented by m' > 1.
How to represent an inequality associated with a line perpendicular to another line
Let m be the slope of a line, in accordance with analytic geometry, the slope of line perpendicular to the first one is equal to m' = - 1 / m. The statement can be summarized by the following inequality:
0 < m < 1
Then, by algebra properties for inequalities we find that that slope for the perpendicular line is:
0 < m · m⁻¹ < m⁻¹
0 < 1 < m⁻¹
1 < m⁻¹
- m⁻¹ > 1
- 1 / m > 1
m' > 1
The slope of the line perpendicular to line ℓ is represented by m' > 1.
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Given the polynomial f(x)=x⁴+3x³-3x²-x, which of the following is true?
a) (x+1) is a factor since f(-1)=0.
b) (x-1) is a factor since f(-1)=0.
c) (x+1) is a factor since f(1)=0.
d) (x-1) is a factor since f(1)=0.
Answers
Help help please please help help I need help 30 POINTS
Answers
Line of symmetry is basically a line in the middle or somewhere else that dictates where a shape would be symmetrical
Determine if the table below is proportional?
Answers
The table represent a direct proportional relation.
How to determine if a table represents a proportional relation
In this question we find a table with four pairs of elements that have to be tested with respect to the direct proportional formula, which is defined below:
y = k · x
Where:
x - Independent variable.y - Dependent variable.k - Constant of proportionality.The table represents a direct proportional relation if and only if there is only one constant of proportionality:
k₁k₁ = 12 / 3
k₁ = 4
k₂k₂ = 20 / 5
k₂ = 4
k₃k₃ = 8 / 2
k₃ = 4
k₄k₄ = 32 / 8
k₄ = 4
As k₁ = k₂ = k₃ = k₄, the table represent a proportional relationship.
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Tara's family raises honey bees and sells the honey at the farmers' market. to get ready for market day, tara fills 28 equal sized jars with honey. she brings a total of 14 cups of honey to sell at the farmers' market. use an equation to find the amount of honey each jar holds. to write a fraction, use a slash ( / ) to separate the numerator and denominator.
Answers
The amount of honey each jar holds is 1/2 cup by jar
To solve this exercise we have to perform a mathematical operation of division with fractions:
Information about the problem:
Jars filled = 28 jarsCups brought = 14 cupsTo find the amount of honey each jar holds we state the following equation:
Amount of honey by jar = Cups brought / Jars filled
Amount of honey by jar = 14 cups /28 jar
Simplifying to its minimum expression, we have:
Amount of honey by jar = 7 cups / 14 jar
Amount of honey by jar = 1 cup / 2 jar
Amount of honey by jar = 1/2 cup by jar
What is a fraction?Is a number that expresses the portion of some number over a total. The number that expresses the portion is known as the numerator and the number that expresses the total is known as the denominator.
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Karyn proofreads 15 pages in 2 hours for $40. What is her proofreading rate in pages per hour? How much does she earn per hour?
Answers
The proofreading rate of Karyn in pages per hour is $20 per 7.5 pages per hour , and she earn $20 per hour .
In the question ,
it is given that
Karyn proofreads ⇒15 pages in 2 hours for $40
Karyn in 2 hour proofreads 15 pages ,
So, in 1 hour She will proofread = 15/2= 7.5 pages
and will get $40/2 = $20 for 1 hour ,
hence ,her rate in pages per hour is $20 per 7.5 pages per hour .
In 2 hour Karyn earns $40
So , in 1 hour Karyn will earn $40/2 = $20
hence , she earn $20 per hour .
Therefore , the proofreading rate of Karyn in pages per hour is $20 per 7.5 pages per hour , and she earn $20 per hour .
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For any integer of n which of the following, n and n+2, n-1 and n+1, 2n and 2n+2, 2n-1 and 2n+1, 2n+ 1 and 2n+2, 2n and 2n+1 are always 2 consecutive even numbers
Answers
The number 2n and 2n + 2 will always are 2 consecutive even numbers.
What is termed as the consecutive even numbers?Consecutive numbers are numbers that obey one another in a regular adding up order or pattern. They are written in a series with a fixed difference here between numbers and no numbers skipped in between. We know that even numbers end in 0, 2, 4, 6, and 8. Consider a set of even numbers ranging from 2 to 12 but rather write those in ascending order. When written from smallest to largest, the numbers are organized as 2, 4, 6, 8, 10, 12. The difference between any former leader pair is 2, as we can see. As a result, these numbers comprise the collection of consecutive even numbers.From the given option in the question;
2n and 2n + 2 will always be two consecutive even number.
For, n = 1, the numbers be 2 and 4.
For, n = 2, the numbers be 4 and 6.
For n = 3, the numbers be 6 and 8....and so on.
Thus, the number 2n and 2n + 2 will always are 2 consecutive even numbers.
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A hiker descended 450 feet down to an elevation of 2300 feet. Which equation models this scenario?
Answers
The equation models this scenario regarding the hiker is x - 450 = 2300.
Whet is elevation?Elevation is simply used to illustrate the height above the sea level.
In this case, the hiker descended 450 feet down to an elevation of 2300 feet.
The equation that can model the scenario will be x - 450 = 2300
where x = Initial elevation
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A woman is training for a cycling event. In the first week she cycles 20 km. In each subsequent week, she cycles 5 km more than she cycled the previous week.
How many kilometres has she cycled in total by the end of the 18th week?
Answers
The kilometres that she has cycled in total by the end of the 18th week is 105.
How to calculate the number of kilometers?Based on the information, this is an arithmetic sequence and the formula is illustrated as
= a + (n - 1)d
where a = first term = 20
d = common difference = 5
n = numbers = 18
Therefore, the 18th term will be:
= a + (n - 1)d
= 20 + (18 - 1)5
= 20 + (17 × 5)
= 20 + 85
= 105
The number of kilometers is 105 kilometers.
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Select all ratios equivalent to 13:14
52:56. 39:42. 3:4
Answers
Answer:
52:56 and 39:42
Step-by-step explanation:
The ratios equivalent to 13:14 are:
52:56
39:42
3:4 is not equivalent to 13:14 because 3 is not a multiple of 13.
I need help with these problems ASAP.
Answers
The following cases are described:
The rational function is (f / g) (x) = x - 6, whose domain is all the real numbers.The rational function is (f / g) (x) = 1 / (x + 2), whose domain is all the real numbers except x = - 2.How to derive a rational function by division of functions and find its domain
Algebraically speaking, rational functions are expressions of the form f(x) = p(x) / q(x), such that q(x) ≠ 0, where p(x) is the numerator and q(x) is the denominator. Rational functions can be found by using the defintion of division between two functions:
(f / g) (x) = f(x) / g(x)
And the domain of (f / g) (x) is every value of x such that g(x) ≠ 0. Now we proceed to find all the required information for each case:
Case 1 - f(x) = x² - 3 · x - 18, g(x) = x + 3
Rule: (f / g) (x) = (x² - 3 · x - 18) / (x + 3)
(f / g) (x) = [(x - 6) · (x + 3)] / (x + 3)
(f / g) (x) = x - 6
Domain: Since the resulting expression is a linear function, then the domain of (f / g) (x) is all the real numbers.
Case 2 - f(x) = x - 3, g(x) = x² - x - 6
Rule: (f / g) (x) = (x - 3) / (x² - x - 6)
(f / g) (x) = (x - 3) / [(x - 3) · (x + 2)]
(f / g) (x) = 1 / (x + 2)
Domain: The domain of the rational function is any real number except x = - 2.
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In a company 80/ of workers are men if 1120 people workfor the company who aren’t men how many workers are there in all
Answers
Answer:
if you meant %, the answer is 2016
Step-by-step explanation:
1120 + 80% is 2016
Tom bought 10 cans of Coca cola drink at a cost of USD26.00. How much he will need to pay for 36 cans of Coca Cola?
(20 Points) Working Step
Answers
Tom will need to pay $93.60 for 36 cans of Coca-Cola.
Linear ExpressionA linear expression can be represented by a line. The standard form for this equation is: y=ax+b , for example, y=3x+2.
The question gives:
Tom bought 10 cans of Coca-cola drink at a cost of USD26.00. Here you can convert this text into an algebraic expression, see:
10x = 26, where x represents the unit cost.
You can find x, solving the previous algebraic expression. Thus,
10x=26
x=26/10
x=2.6
So, 1 can of Coca-Cola costs $2.60.
For knowing the cost total for 36 cans of Coca-Cola, you need to multiply 36 units by the unit cost ($2.6). See below:
36*2.6= $93.60
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Two companies are competing for a contract to make the programs for middle school gymnastics meets. Nadia’s Printing charges a $19.99 fee for printing and $0.25 for each program printed. Simone’s Stylish Print charges a $29.99 fee for printing and $0.10 for each program printed. For the most recent meet, Nadia’s Printing charged more than Simone’s Stylish Print.
Which inequality models this situation?
Answers
Answer:
the second answer
Step-by-step explanation:
How can I work out the size of angle y?
Answers
Answer:
180 degrees converted is 3.14159 i think
Step-by-step explanation:
Answer:
< y = 17 degrees.
Step-by-step explanation:
x + y = 180 - 112 = 68 (as there are 180 degrees in a triangle)
Also, x = 3y, so substituting for x in the first equation:
3y + y = 68
4y = 68
y = 17.
So,
x = 3*17 = 51,
Mrs. McDonald passed out 189 photos that she had taken during the school year. If each of her 21 students received the same number of photos, how many did each receive?
Answers
Answer: 9. 189 divided by 21 is 9.
Step-by-step explanation:
a school nurse can give 25 eye tests in a two-hour period. how long will it take the nurse to give eye tests to all 600 stuents in her school.
Answers
24•2 = 48
48 hours for all 600 students
I need help 9th grade math
Answers
Answer:
D
Step-by-step explanation: