Mr. and Mrs. Hill hope to send their son to college in fourteen years. How much money should they invest now at an interest rate of 9.5% per year, compounded continuously, in order to be able to contribute $8500 to his education?Round your answer to the nearest cent.

Answers

Answer 1

continuouslyUsing the formula for a compounded continously

[tex]P=P_0\cdot e^{r\cdot t}[/tex]

where P is the amount on the account after t years compounded at an interest rate r when Po is invested in an account.

then,

[tex]\begin{gathered} 8500=P_0\cdot e^{0.095\cdot14} \\ 8500=P_{0^{}}\cdot e^{1.33} \\ P_0=\frac{8500}{e^{1.33}} \\ P_0=2248.056\approx2248.06 \end{gathered}[/tex]


Related Questions

Which inequality is represented by the graph?

Answers

Answer:

it's option c ............

In the diagram, m/ACB = 55°.
E
What is mZECD?
90°
O 55°
180°
D
O 125°
C
B
80

Answers

Answer:

55°

Step-by-step explanation:

Angle ACB and angle ECD are alternate exterior angles and alternate angles have same angle measurements:

If angle ACB = 55°

then angle ECD is also = 55°

I was doing this with a tutor but there was a connection problem.

Answers

ANSWER:

[tex](x-3)^2+(y+7)^2=113[/tex]

The point (7,6) is not on the circle

STEP-BY-STEP EXPLANATION:

(a)

The equation of the circle is given as follows:

[tex]\begin{gathered} (x-h)^2+(y-k)^2=r^2 \\ \text{ where (h,k) is the center and r is the radius } \end{gathered}[/tex]

We replace to calculate the radius of the circle, like this:

[tex]\begin{gathered} \mleft(-4-3\mright)^2+\mleft(1-\mleft(-7\mright)\mright)^2=r^2 \\ (-7)^2+(8)^2=r^2 \\ r^2=113 \end{gathered}[/tex]

Therefore, the equation would be:

[tex](x-3)^2+(y+7)^2=113[/tex]

(b)

We replace the point, and if the value is greater than the radius, it means that this point is not on the circle:

[tex]\begin{gathered} (x-3)^2+(y+7)^2\le113 \\ \text{ replacing:} \\ \mleft(7-3\mright)^2+\mleft(6+7\mright)^2\le113 \\ 4^2+13^2\le113 \\ 16+169\le113 \\ 185\le113 \end{gathered}[/tex]

Therefore, the point (7,6) is not on the circle

A table is in the shape of a regularhexagon. The perimeter of the table is 12 ftfeet. What is the length of each side ofthe tableA 1 ftB 2 ftC 3 ftD 4 ft

Answers

Solution:

Given the shape of a hexagon;

The perimeter, P, of a hexagon is;

[tex]\begin{gathered} P=6s \\ \\ \text{ Where }s=side\text{ length} \end{gathered}[/tex]

Given;

[tex]\begin{gathered} P=12ft \\ \\ s=\frac{12}{6}ft \\ \\ s=2ft \end{gathered}[/tex]

CORRECT OPTION: B

Solve the following system using the substitution method. Enter your answer as an ordered pair in the form (x,y). 3x-2y=55x+10y=35

Answers

System of equations

• Equation 1

[tex]3x-2y=5[/tex]

• Equation 2

[tex]5x+10y=35[/tex]

Procedure

Solving the system by substitution.

0. Isolating ,x ,from equation 2:

[tex]5x=35-10y[/tex][tex]x=\frac{35}{5}-\frac{10y}{5}[/tex][tex]x=7-2y[/tex]

2. Replacing the expression of x obtained in equation 1:

[tex]3\cdot(7-2y)-2y=5[/tex]

3. Simplifying:

[tex]21-6y-2y=5[/tex][tex]-8y=5-21[/tex][tex]y=\frac{-16}{-8}[/tex][tex]y=2[/tex]

4. Finally, we replace this value in the isolated expression of x and solve it:

[tex]x=7-2\cdot(2)[/tex][tex]x=7-4[/tex][tex]x=3[/tex]

Answer: (3, 2)

Write the equation for the trigonometric graph.y= 8cos(pi/40x)y= –8sin(pi/40x)y= –8cos(pi/40x)y= 8sin(pi/40x)

Answers

Solution

For this case we can verify the answer using the point x= 0 if we replace we got:

y=8 cos (pi/40* 0) = 8 cos (0) = 8

y= -8 sin (pi/40 *0)= -8 sin(0) = 0

y= -8cos(pi/40*0)= -8 cos (0)= -8

y= 8 sin (pi/40 *0)= 8 sin(0) = 0

Then the correct option would be:

y= -8cos(pi/40*0)

which of the following lines is perpendicular to the equation given below?

Answers

Given data:

The given equation of the line is y=-2x+8.

The slope of the given line is -2.

The slope of the line perpendicular to it is,

[tex]\begin{gathered} m\times-2=-1 \\ m=\frac{1}{2} \end{gathered}[/tex]

The standard equation of the line is,

[tex]y=mx+c[/tex]

Here, m is the slope of the line.

The second option can be written as,

[tex]\begin{gathered} x-2y=8 \\ 2y=x-8 \\ y=\frac{1}{2}x-4 \end{gathered}[/tex]

Thus, option (B) is correct.

I inserted a picture of the question Please don’t ask tons of questions. & please state whether it’s a b c or d

Answers

As given by the question

There are given that the graph of the triangle.

Now,

According to the properties,

If the point (x, y) or (-x, y) rotated about the origin by the angle of 360 degrees.

That means,

There is no difference between rotating 360 degrees clockwise or anti-clockwise around the origin.

Then,

From the vertices of the triangle ABC is:

[tex]\text{A is (-6, 3), B is (-5, 7) and C is (-4, 3).}[/tex]

Since the triangle map onto itself

[tex]\begin{gathered} A=A^{\prime} \\ B=B^{\prime} \\ C=C^{\prime} \end{gathered}[/tex]

So, the triangle is rotated 360 degrees about the origin

Hence, the correct option is D.

Shandar rents a pickup truck for her house move. She has to pay $96 for the first day, $88 for each additional day she keeps the truck, and 45 cents for each mile she drives. She will also be able to use a $25 coupon. Write an expression that represents the total cost when Shandar keeps the truck for h days and travels a total of p miles.Simplify the expression completely.List the terms in your expression.For each term, identify the coefficient and variable.

Answers

96 first day

88 for each additional day (h)

0.45 for each mile driven (p)

$25 coupon

Expression

Total cost = 96 + 88h + 0.45p - 25

Simplify:

Combine like terms:

TC = 96 - 25 + 88h + 0.45p

TC = 71 + 88h + 0.45p

Terms:

71 = constant

88h = coefficient 88 , variable h

0.45p= coeficcient 0.45 , variable p

Jake and Joshua have new jobs selling gift cards at a local convenience store at the cash register, but their pay is different. Jake earns a foundational wage of $6 per hour, as well as $8 for each gift card sold. Joshua gets $4 for each gift card sold and earns a foundational wage of $6 per hour. If they each sell a certain number of gift cards in one hour, they will end up earning the same amount of pay. How many gift cards would that make up to?Write a system of equations, graph them, and type the solution.

Answers

Let x be the number of cards Jake and Joshua sell within one hour. Therefore, their earnings are given by the following expressions,

[tex]\begin{gathered} Ja=6+8x \\ Jo=6+4x \end{gathered}[/tex]

Then, set Ja=Jo (both earn the same amount),

[tex]\begin{gathered} Ja=Jo \\ \Rightarrow6+8x=6+4x \end{gathered}[/tex]

Solving for x,

[tex]\begin{gathered} \Rightarrow8x=4x \\ \Rightarrow4x=0 \\ \Rightarrow x=0 \end{gathered}[/tex]

Then, they will earn the same within one hour only if both sell zero cards within the hour.

Graphing the system of equations,

As one can see, the intersection point is (0,6), which stands for 0 cards and $6

While at college orientation, Kate is buying some cans of juice and some cans of soda for the dorm. The juice is $0.60 per can while the soda is $0.75. Kate has $24 of dorm funds all to be spent. What is an equation that represents all the different combinations of juice and soda Kate can buy for $24 and how many different combinations of drinks are possible?

Answers

From the question the following can be derived:

(a)

Let x cans of juice and y cans of soda be purchased for the dorm. Then the cost of the juice and soda is 0.60x + 0.75y. The equation of all the combinations of juice and soda is 0.60x + 0.75y = 24.

(b)

The cost of exactly 24 cans of juice is $24 * 0.60 = $14.40. After this purchase, the remaining sum of money available is $24 - $14.40 = $9.60. This will suffice to buy 12 cans of soda, leaving a balance of $0.80. Thus. the entire money cannot be spent if exactly 24 cans of juice are purchased.

(c)

Below is a graph of the line 0.6x + 0.75y = 24 or 4x + 5y = 160 is plotted. All possible cimbinations of juice and soda will lie on this line. The x-intercept is 40 and the y-intercept is 32. Since neither of x and y can be negative, hence the lower and upper bounds for x are 0 and 40 and the lower ad upper bounds for y are 0 and 32. Also , x has to be multiple of 5 and y has to be a multiple of 4. As may be observed from the graph, only 9 combinations are possible which are (x, y):

(0, 32), (5, 28), (10, 24), (15, 20), (20, 16), (25, 12), (30, 8), (35, 4), (40, 0).

Graph:

13 divided by 10 5/6

Answers

Answer:

the answer is 1 1/5

Question 11:What is the maximum height of the driver off the diving board

Answers

[tex]y=-\frac{4}{9}x^2+\frac{24}{9}x+12[/tex]

To find the maximun height (y) given a quadratic equation as above you find the coordinates of the vertex (maximum or minimun point of a parabola)

1. Use the next formula to find the x- coordinate of the vertex

[tex]\begin{gathered} y=ax^2+bx+c \\ \\ x=-\frac{b}{2a} \end{gathered}[/tex][tex]\begin{gathered} x=-\frac{\frac{24}{9}}{2(-\frac{4}{9})} \\ \\ x=-\frac{\frac{24}{9}}{-\frac{8}{9}}=\frac{-24}{-8}=3 \end{gathered}[/tex]

2. Use the value of x above to find y-coordinate in the vertex:

[tex]\begin{gathered} y=-\frac{4}{9}(3)^2+\frac{24}{9}(3)+12 \\ \\ y=-\frac{4}{9}(9)+\frac{72}{9}+12 \\ \\ y=-4+8+12 \\ \\ y=16 \end{gathered}[/tex]Then, the maximum height of the diver is 16 feet

Find an equation of the line.Write the equation in the standard form.Through (8,4); parallel to 7x-y= 2.

Answers

Answer:

7x-y=53

Explanation:

Given the line

[tex]7x-y=2[/tex]

Making y the subject of the equation, we have:

y = 7x-2

Therefore, the slope of the line, m=7

• If two lines are parallel, their slopes are equal.

Therefore, the slope of the parallel line = 7

The equation of the parallel line through (8,4) will then be:

[tex]\begin{gathered} y-y_1=m(x-x_1) \\ y-4=7(x-8) \\ y-4=7x-57 \\ 7x-y=-4+57 \\ 7x-y=53 \end{gathered}[/tex]

The test results for 4 students are 96 83 78 and 83. If one more student's test score of 87 is added, what would increase?A. median B. meanC. modeD. range

Answers

Mean will increase because 87 is greater than 83 and 78, then the eman will be greater

The bacteria in a dish triples every hour. At the start of the experiment therewere 400 bacteria in the dish. When the students checked again there were32,400 bacteria. How much time had passed? (Write your equation and solve forx; y= a • bx).

Answers

Given

The bacteria in a dish triples every hour. At the start of the experiment there

were 400 bacteria in the dish. When the students checked again there were

32,400 bacteria. How much time had passed? (Write your equation and solve for

x; y= a • bx)

Solution

Can you evaluate 3 + (a + 4)(8- b ) when a= 5 and b=6

Answers

The expression to evaluate is:

[tex]3+a+4\mleft(8-b\mright)[/tex]

When

a = 5 and b = 6

We simply plug in the values of 5 and 6, into a and b respectivly. And do algebra to get our answer. The process is shown below:

[tex]\begin{gathered} 3+a+4\mleft(8-b\mright) \\ 3+5+4\mleft(8-6\mright) \\ 3+5+4(2) \\ 3+5+8 \\ 16 \end{gathered}[/tex]

The answer is 16.

QuestionGiven that cot(0)- 1 and 0 is in Quadrant II, what is sin(0)? Write your answer in exact form. Do not round.Provide your answer below:sin (O)=

Answers

Given:

The trigonometric ratio is given as,

[tex]\cot \theta=-\frac{1}{2}[/tex]

The value of θ lies in the second quadrant.

The objective is to find the value of sinθ.

Explanation:

The formula of cotθ is,

[tex]\cot \theta=\frac{\text{adjacent}}{\text{opposite}}=-\frac{1}{2}[/tex]

Since, the value of θ lies in second quadrant, the triangle formed for cotθ will be,

Then, the value of x can be calculated as,

[tex]\begin{gathered} x^2=2^2+(-1)^2 \\ x=\sqrt[]{4+1} \\ x=\sqrt[]{5} \end{gathered}[/tex]

To find the value of sinθ:

The value of sinθ can be calculated as,

[tex]\begin{gathered} \sin \theta=\frac{\text{opposite}}{\text{hypotenuse}} \\ \sin \theta=\frac{2}{\sqrt[]{5}} \\ \sin \theta=\frac{2}{\sqrt[]{5}}\times\frac{\sqrt[]{5}}{\sqrt[]{5}} \\ \sin \theta=\frac{2\sqrt[]{5}}{5} \end{gathered}[/tex]

Hence, the value of sinθ is (2√5)/5.

a rectangle with a area of s sq feet and a width of 6 in what is the length of the rectangle

Answers

The area of the reactangle is calculates using the following formula:

[tex]A=w\cdot l[/tex]

Where

A: area

w: wisth

l: lenght

You can write this formula in terms of the length by dividing the Area by the width:

[tex]l=\frac{A}{w}[/tex]

If the area is A=s feet² and the width is w=6 feet, then the length is

[tex]l=\frac{s}{6}[/tex]

Reduce to lowest term10\25

Answers

Answer:

2/5

Step-by-step explanation:

10 and 25 can both be divided by 5

10 divided by 5 equals 2

25 divided by 5 equals 5

Indicate the transformation that has occurred.2.A. (x,y)-->(-x+3.y-5) C. (x,y) --> (-x,y-5)B. (x,y) --> (x +3,y-5) D. (x,y) --> (x-1,-y)

Answers

So we have a transformation that maps a triangle into another one. This is made by transforming the points X, Y and Z into X', Y' and Z'. In order to find out which of the four options is the correct one we must verify that points X, Y and Z actually transform into X', Y' and Z'.

We have:

[tex]X=(2,5)\rightarrow X^{\prime}=(1,0)[/tex]

Let's see which of the four transformations do this. So for A:

[tex]\begin{gathered} (x,y)\rightarrow(-x+3,y-5) \\ X=(2,5)=(x,y) \\ \text{Then} \\ X^{\prime}=(-x+3,y-5)=(-2+3,5-5) \\ X^{\prime}=(1,0) \end{gathered}[/tex]

So transformation A is a possible answer, let's see the rest.

For C:

[tex]\begin{gathered} (x,y)\rightarrow(-x,y-5) \\ X=(2,5)=(x,y) \\ \text{Then} \\ X^{\prime}=(-x,y-5)=(-2,5-5) \\ X^{\prime}=(-2,0)\ne(1,0) \end{gathered}[/tex]

So the X' that we calculate with transformation C is different that the one we are looking for so we discard this option.

For option B we have:

[tex]\begin{gathered} (x,y)\rightarrow(x+3,y-5) \\ X=(2,5)=(x,y) \\ \text{Then} \\ X^{\prime}=(x+3,y-5)=(2+3,5-5)=(5,0) \\ X^{\prime}=(5,0)\ne(1,0) \end{gathered}[/tex]

Like what happened with C, transformation B is discarded.

Let's see what happens with D:

[tex]\begin{gathered} (x,y)\rightarrow(x-1,-y) \\ X=(2,5)=(x,y) \\ \text{Then} \\ X^{\prime}=(x-1,-y)=(2-1,-5)=(1,-5) \\ X^{\prime}=(1,-5)=(1,0) \end{gathered}[/tex]

So D is also discarded. This would mean that A is the correct option but just in case, let's check if it tansform points Y=(0,2) and Z=(3,1) into Y'=(3,-3) and Z'=(0,-4):

[tex]\begin{gathered} (x,y)\rightarrow(-x+3,y-5) \\ \text{If} \\ Y=\mleft(0,2\mright) \\ \text{Then} \\ Y^{\prime}=(-0+3,2-5)=(3,-3) \\ \text{If} \\ Z=\mleft(3,1\mright) \\ \text{Then} \\ Z^{\prime}=(-3+3,1-5)=(0,-4) \end{gathered}[/tex]

So Y' and Z' are (3,-3) and (0,-4) which definetely means that option A is the correct one.

Franklin is drawing a model of a rectangular swimming pool. He marks two points, A and B, on the coordinate plane and connects them to represent one side of the pool. Points C and D are reflections of B and A, respectively, across the x- axis. Each unit in the coordinate plane represents 1 meter. Draw a rectangle in the coordinate plane yo model the swimming pool. What is the area of the swimming pool?

Answers

Area = base x height

A = 8 x 6 = 48 m²

A bag contains 5 red and 3 blue marbles. Two marbles are drawn simultaneously from the bag. DETERMIN the probability that at least one is red.

Answers

total number of balls = 5 + 3 = 8

The possibilities are:

RR (two red) and RB (one red and one blue)

RR and RB are mutually exclusive

P(RR) =

Question60 is 40% of what number?

Answers

let the required number be x then

[tex]\begin{gathered} \frac{60}{x}\times100=40 \\ x=\frac{60}{40}\times100 \\ x=150 \end{gathered}[/tex]

So 60 is 40% of 150.

In the figure shown, what is mzA? Explain.57°; AABC is an isosceles triangle with base angles A and C. m2A = mc.B. 66; AABC is an isosceles triangle with base angles B and C. m2B = m_C = 57, and m2A + m2B + m2 = 180.C. 57. AABC is an equilateral triangle.

Answers

Since ABC is an isosceles triangle with sides AB=AC, then the angle ABC is the same as ACB, an it's equal to 57º.

Since all three internal angles should add up to 180º, then the angle BAC should have a measure of 180-2(57)=66º.

if the growth factor is 1.2, what is the growth rate

Answers

SOLUTION

Step 1 :

In this question, we are meant to know the relationship between Growth factor and Growth Rate.

Growth factor is the factor by which a quantity multiplies itself over time.

Growth rate is the addend by which a quantity increases ( or decreases ) over time.

Step 2 :

From the question, if the growth factor is 1.2 which is also 120 %,

then the growth rate will be ( 120 - 100 ) % = 20 % = 0. 2

CONCLUSION:

The Growth Rate = 0. 2

HELLPPPPLLPPPPPPPPPPPPPPP

Answers

Answer:

a²+13a+40

Step-by-step explanation:

Now the x in the function has been replaced into (a+5) :

(a+5)²+3(a+5) =

(a²+10a+25)+(3a+15) =

a²+13a+40

Hope this helped and have a good day

x = -1,0,1,2,3.
P(X = x) 0.2, 0.2, 0.2, 0.2, 0.2. Find the value of P(X<3).

Answers

The value of the probability P(x < 3) is 0.8

How to determine the probability value?

From the question, the table of values is given as

x = -1,0,1,2,3.

P(X = x) 0.2, 0.2, 0.2, 0.2, 0.2

To calculate the probability P(x < 3). we make use of the probability values where x is less than 3

This means that

P(x < 3) = P(-1) + P(0) + P(1) + P(2)

Substitute the known values in the above equation

So, we have

P(x < 3) = 0.2 + 0.2 + 0.2 + 0.2

Evaluate the sum

P(x < 3) = 0.8

Hence, the probability value is 0.8

Read more about probability at

https://brainly.com/question/24756209

#SPJ1

Elena is traveling to visit her grandparents who live 125 miles away.
a. Elena stops for lunch 2/3 of the way. How far has Elena traveled?


b. Elena enters the city where her grandmother lives after 110 miles. Is she more or less than 9/10 of the way there?

PLS PLS PLS HELPP

Answers

Answer:

A. 83 1/3 miles

B. Less than 9/10 of the way there

Step-by-step explanation:

A.

2/3 of the way. "of" means to multiply, so multiply 2/3 and 125.

[tex]\frac{2}{3}[/tex] × [tex]\frac{125}{1}[/tex] = [tex]\frac{250}{3}[/tex]

Simplify by dividing 250 and 3.

250 ÷ 3

[tex]83 \frac{1}{3}[/tex] miles

B.

Multiply 125 by 9/10 then compare the answer to 110 to see if she is more or less than 110 miles.

[tex]\frac{125}{1}[/tex] × [tex]\frac{9}{10}[/tex] [tex]= \frac{1125}{10}[/tex]

Divide 1125 by 10

1125 ÷ 10 = 112.5

Since 9/10 of the distance is 112.5 miles, 110 miles is less than 9/10 of the way there.

4. Sales tax in a certain state is 5%. If the sales tax on a new boat was $400, what was the selling price of the boat?

Answers

Sales tax percentage = 5% = 5/100 = 0.05 (decimal form)

Sales tax amount = $400

Multiply the selling price of the boat (x) by the sales tax percentage in decimal form. That expression must be equal to 400.

0.05x = 400

Solve for x:

x = 400/ 0.05

x= $8,000

That’s what it was a good night time to get
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