On Melissa's 6th birthday, she gets a $6000 CD that earns 7% interest, compounded semiannually. If the CD matures on her 14th birthday, how much money will be available?

Answers

Answer 1

if the CD matures on her 14th birthday, that means 8 years after she got it, since she got it in her 6th birthday, so

[tex]~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$6000\\ r=rate\to 7\%\to \frac{7}{100}\dotfill &0.07\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{semiannually, thus twice} \end{array}\dotfill &2\\ t=years\dotfill &8 \end{cases} \\\\\\ A=6000\left(1+\frac{0.07}{2}\right)^{2\cdot 8}\implies A=6000(1.035)^{16}\implies A\approx 10403.92[/tex]


Related Questions

A cube has a side length of 5 inches. What is the surface area, in square inches of the cube?

Answers

Answer:

A=6a2=6·52=150in²

Step-by-step explanation:

Write an equation of the line that passes through (0, 0) and (2, 6).

Answers

Answer:

y=3x

Step-by-step explanation:

hello :

an equation is : y=ax  (  the line that passes through (0, 0) )

and (2, 6): x= 2   y=6     qo : 6 = a ×2        a =3

an equation of the line that passes through (0, 0) and (2, 6) is : y=3x

The equation of the line passing through the points (0, 0) and (2, 6) is:

y = 3x.

What is the equation of a line?

The equation of a line is a relation between the dependent variable y and an independent variable x, used to determine the value of y for a given x. The general form of such an equation is,

y = mx + b, where m is the slope and b the y-intercept.

What is the two-point formula?

The two-point formula is the formula used to determine the equation of a straight line when the slope m and the y-intercept b are not given, but we know two points on the line.

The formula is such: y-y₁ = ((y₂-y₁)/(x₂-x₁))*(x-x₁).

How do we solve the given question?

We have been given two points on the required line, (0, 0) and (2, 6)

We take the points as (x₁, y₁), and (x₂, y₂) respectively.

∴ x₁ = 0, x₂ = 2, y₁ = 0, y₂ = 6.

Since it's an equation of a line, we use the two-point method to determine the equation.

The two-point formula is:

y-y₁ = ((y₂-y₁)/(x₂-x₁))*(x-x₁)

Substituting the values we have, we get:

y - 0 = ((6-0)/(2-0))*(x-0)

or, y = 3x.

∴ The equation of the line passing through the points (0, 0) and (2, 6) is:

y = 3x.

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#SPJ2

The price of the stereo system
decreased from $210 to $126.

What was the percent of decrease?

Answers

Answer:

40%

Step-by-step explanation:

The amount of decrease is $84, so now all you need to do is convert 84/210 into a percentage. Divide both sides by 2.1 so the denominator is 100 (percent is a ratio with a denominator of 100) and the answer will be 40/100, which is 40%.

What is the area of H?
How many pieces of wood will be brought to complete the project?

Answers

Answer:

250

Step-by-step explanation:

Because if you multiply 10 by 10 you get 100 and then multiply 100by 2.5

What is a closed line of credit? a. a line of credit with a set maximum credit limit. b. a line of credit with no interest rate. c. a line of credit with a fixed total amount. d. a line of credit with a legally mandated repayment schedule. please select the best answer from the choices provided a b c d

Answers

Answer:

c

Step-by-step explanation:

a line of credit with a fixed total amount.

The closed line of the credit is the line of credit with the fixed total amount. Option c is the correct option.

What is a line of credit?

On the bases of the requirement, a person or firm takes the open or closed line of credit.

Open Line of Credit-This is a type of short period of loan in which many credit and deposit can be make, for example credit cards.Closed Line of Credit-This type of credit has to be repaid with total amount. The period of such credit is longer than the open line of credit. The deposits is make single time with fixed total amount.

Thus, the closed line of the credit is the line of credit with the fixed total amount. Option c is the correct option.

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Write the following decimals in expanded form:
a) 0.75

b) 245.07

c) 36.85

d) 3.74

Answers

Answer:

a ) 0.75 = 0.70 + 0.05

b) 245.07 = 200 + 40 + 5 + 0.0+ 0.07

c) 36.85 = 30+6 + 0.80 + 0.05

d) 3.74 = 3+ 0.70 + 0.04

Step-by-step explanation:

hope this helps

Answer:

Step-by-step explanation:

Write the following decimals in expanded form:

a) 0.75

0.70 + 0.05

b) 245.07

200 + 40 + 5 + 0.07

c) 36.85

30 + 6 + 0.8 + 0.05

d) 3.74

3 + 0.7 + 0.04

Hope this helps!

Please help me someone!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Split the second term in
2x squared -5x + 3 into two terms
2x squared - 2x - 3x + 3
Factor out common terms and last two terms
2x(x-1) -3 (x-1)
Factor out the common term x - 1
ANSWER: (x-1) (2x-3)

Someone help me with this pls

Answers

Answer:

MAYBE

Step-by-step explanation:

Answer:

SORRY

Step-by-step explanation:

ANSWERAnswer:

SORRY

Step-by-step explanation:

ANSWERAnswer:

SORRY

Step-by-step explanation:

ANSWERAnswer:

SORRY

Step-by-step explanation:

ANSWERAnswer:

SORRY

Step-by-step explanation:

ANSWERAnswer:

SORRY

Step-by-step explanation:

ANSWERAnswer:

SORRY

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ANSWERAnswer:

SORRY

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ANSWERAnswer:

SORRY

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ANSWERAnswer:

SORRY

Step-by-step explanation:

ANSWERAnswer:

SORRY

Step-by-step explanation:

ANSWERAnswer:

SORRY

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SORRY

Step-by-step explanation:

ANSWER

SOORY

pls help ! MAPPING SHAPES
A) only sequence a
b) only sequence b
c)both
d) neither

Answers

The answer is D welcome I just knew it In my brain


Explain how many solutions this system of equations has.

Answers

Answer:

No solution

Step-by-step explanation:

[tex]\rightarrow \left \{ {{2y = 6x + 4} \atop {y = 3x - 4}} \right. \\\\[/tex]

Multiply the second equation by 2 to make the "x" coordinates the same.

[tex]\rightarrow \left \{ {{2y = 6x + 4} \atop {2(y = 3x - 4)}} \right. \\\\[/tex]

[tex]\rightarrow \left \{ {{2y = 6x + 4} \atop {2y = 6x - 8}} \right. \\\\[/tex]

Subtract 6x from the first equation with the second equation

[tex]\rightarrow \left \{ {{2y = 6x + 4} \atop {-2y = -6x + 8}} \right. \\\\[/tex]

[tex]\rightarrow 0y = 0x + 12[/tex]

Simplify the R.H.S

[tex]\rightarrow 0 \neq 12[/tex]

This system of equation has no solution.

Graph:

Use+the+following+data+to+compute+the+relative+market+share+of+each+brand+and+its+position+on+the+growth-share+matrix+if+the+market+growth+rate+is+13. 4%. +which+of+the+following+is+correct?

Answers

Market share is simply the percentage of the total revenue or sales in a market which a particular business makes.

What is a market share?

Your information is incomplete. Therefore, an overview of the market share will be given. Market share is a measure of consumers' or businesses' preference for a product over other similar products.

A higher market share means greater sales and less effort is needed to sell more and a strong barrier to entry for other competitors.

For example, if there are 50,000 units sold per year in an industry, a company that has sales of 5,000 of those units would then have a 10 percent share in that market.

Learn more about market share on:

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What is one way to put your PowerPoint Online presentation in full screen mode for your audience?

Select Begin Presentation
Select Editing View, and then select Start Slide Show
Select Presentation View
Select Reading View, and then select Start Slide Show

Answers

Answer:

The easiest and fastest way is shown below, by clicking the button at the bottom that is circled.

Step-by-step explanation:

Answer:

Reading View

Step-by-step explanation:

First, select the Reading View option in the bottom right corner of the working area. Then, select the Slide Show option that is right beside the Reading View option. This will make your presentation go full screen.

9/5 - (-6/10)
Khan academy needs either exact fraction or exact decimal

Answers

Answer:

Exact fraction: 6/5

Exact Decimal: 1.2

Answer:

  12/5 = 2.4

Step-by-step explanation:

The fraction 6/10 can be reduced to simplify the addition.

  9/5 -(-6/10) = 9/5 +6/10 = 9/5 +3/5

  = 12/5 = 2.4

__

The two minus signs "cancel." The product of any set of numbers with an even number of minus signs will be positive.

Use the distributive property to write the following expression in expanded form.

5(7h + 3m)

Answers

hello!

==============================================================

The distributive property states that:-

[tex]\bigstar{\underline{\boxed{\pmb{a(b+c)=ab+ac}}}[/tex]

Simplify:-

[tex]\bigstar{\boxed{\pmb{5(7h+3m)}}}[/tex]

[tex]\longmapsto\sf{(5~times~7h)+)5*3m)[/tex]

[tex]\longmapsto\sf{35h*15m}[/tex]

===============================================================

note:-

Hope everything is clear; if you need any clarification/explanation, kindly let me know, and I will comment and/or edit my answer :)

Find the solution of the system of equations.
x+2y=9
-6x+4y=-46

Answers

Answer:

x=-3.5 and y=6.25

Step-by-step explanation:

x+2y=9

x=9-2y

-6(9-2y)+4y=46

-54+12y+4y=46

16y-54=46

16y = 100

y = 100/16 = 50/8 = 25/4 = 6.25

x+2(6.25)=9

x+12.5=9

x= -3.5

Identify the area of the polygon with vertices t(6,5), a(8,−1), s(4,−2), and k(−1,4).

Answers

Answer:

  36.5 square units

Step-by-step explanation:

There are a number of ways to compute the area of a polygon from the coordinates of its vertices. There are algebraic formulas, geometric methods involving decomposing the figure, and an interesting method described by Pick's theorem.

__

Geometry

The figure can be enclosed by a rectangle that is 7 units high by 9 units wide. The actual figure is obtained by removing the triangular corners of this rectangle. The areas of those are given by the triangle area formula ...

  A = 1/2bh

Working clockwise from lower left, the triangle base (horizontal) and height (vertical) dimensions are 5×6, 7×1, 2×6, 4×1. That means the area of the triangles is ...

  A = 1/2(5×6 +7×1 +2×6 +4×1) = 1/2(30 +7 +12 +4) = 1/2(53) = 26.5

The area of the bounding rectangle is ...

  A = bh = 9×7 = 63

So, the area of the figure is the difference ...

  A = 63 -26.5 = 36.5 . . . square units

__

The other methods of finding the area have been added as attachments.

Help please thank you

Answers

Answer:

[tex] = 2 \times 4 = 8 \\ = 5 \times 5 = 25 \ \\ \frac{1}{2} \times 5 \times 3 = 7.5 \\ 7.5 + 8 + 2.5 = 18[/tex]


Which answers describe the shape below? Check all that apply.


Answers

Answer: C, D, and F

-> C. Quadrilateral

-> D. Parallelogram

-> F. Rectangle

Step-by-step explanation:

-> A. Square

     [✗] A square needs 4 congruent sides, this only has "two sets of two"

-> B. Trapezoid

     [✗] A trapezoid has one pair of parallel sides, but this shape has two

-> C. Quadrilateral

     [✓] This shape has four sides

-> D. Parallelogram

     [✓] This shape's opposite sides are congruent and parallel

-> E. Rhombus

     [✗] This shape's opposite angles/sides are equal, but not all of it's sides are congruent

-> F. Rectangle

     [✓] This shape has four sides, and it's opposite sides are congruent

The box plots show the number of days spent at a national park by two different groups of visitors.

Two box plots are shown together. The title is Time Spent at Park. The number line goes from zero to five by a scale of one half. For Group A, the whiskers range from one half day to five days, and the box ranges from two days to three and one half days. A line divides the box at three days. For Group B, the whiskers range from one day to four and one half days, and the box ranges from two days to four days. A line divides the box at three and one half days.

Select all the statements that are supported by the random samples.


About 75% of visitors in Group A spent 3.5 days or more at a national park.
About , 75 %, of visitors in Group A spent , 3.5, days or more at a national park.

About 50% of visitors in Group B spent 3.5 days or less at a national park.
About , 50 %, of visitors in Group B spent , 3.5, days or less at a national park.

About 25% of both Groups A and B spent 2 days or less at a national park.
About , 25 %, of both Groups A and B spent , 2, days or less at a national park.

Group A had greater variability in the number of days spent at a national park.
Group A had greater variability in the number of days spent at a national park.

Group B had a greater median and a greater spread in the number of days spent at a national park.

Answers

The answer is B i took the quiz


HURRY ASAP WILL GIVE BRAINLY

Answers

One is 180,
Two is 90,
Three is 180,
And four is 180.

At a height of 316 meters, the Bell Tower is the tallest building in Morgansville. Hank is creating a scale model of this building using

the scale 100 meters: 1 meter.

To the nearest tenth of a meter, what will be the height of the scale model?

Answers

Answer:

Scale: 100 meters per 1 meter

Actual: 316 per unknown meters(our scale)

So order our units:-

Scale          1                 x

_______   _______ =  _______, solve for x;

Meters      100           316

1/100 = x/316

*316      *316

3.16 = x, 3.16 rounded = 3.20 is the scale.

A pencil is `120` millimeters long.

A marker is `9\%` longer than the pencil.



How long is the marker?

Answers

Given the length of the pencil, the length of the marker is 130.8 millimeters.

What are percentages?

Percentage can be described as a fraction of an amount expressed as a number out of hundred. Percentages are represented %.

How long is the marker?

Length of the marker = (1 + percentage) x length of the pencil

(1.09) x 120 = 130.8 millimeters

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A bike rental company charges its customers p dollars per day to rent a bike, where 5≤p≤30. the number of bikes rented per day can be modeled by the linear function n(p)=300−10p. how much should the company charge each customer per day to maximize revenue? do not include units or a dollar sign in your answer.

Answers

Using the vertex of a quadratic equation, it is found that the company should charge each customer $15 per day to maximize revenue.

What is the vertex of a quadratic equation?

A quadratic equation is modeled by:

[tex]y = ax^2 + bx + c[/tex]

The vertex is given by:

[tex](x_v, y_v)[/tex]

In which:

[tex]x_v = -\frac{b}{2a}[/tex][tex]y_v = -\frac{b^2 - 4ac}{4a}[/tex]

Considering the coefficient a, we have that:

If a < 0, the vertex is a maximum point.If a > 0, the vertex is a minimum point.

In this problem, the number of bikes rented per day is given by:

n(p) = 300 - 10p.

Hence, the revenue function is given by:

R(n) = p x n(p)

R(n) = 300p - 10p².

Which is a quadratic function with coefficients a = -10, b = 300. Hence, the price in dollars that will maximize the revenue is given by:

[tex]x_v = -\frac{300}{-20} = 15[/tex]

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Help
Arc JK = ______°Arc

M<1 = ______°

Answers

Answer:

Step-by-step explanation:

The value of a baseball card increased by 10%. Which expression represents the new value of the baseball card?


A. 1. 1v


B. V - 0. 1v


C. 0. 1v


D. V - 0. 1


E. V + 0. 1


F. V - 0. 9v

Answers

Answer:

d). Punch 1, then punch one zero. e). Punch the Add dar. 4 2 4. 0 + f) ... 1 by 6, that isi when you find the decimal v,s,lue

Help me do this question :)

Answers

Answer:

[tex]y = \frac{1}{8}x -7[/tex]

Step-by-step explanation:

Slope formula: [tex]y=mx+b[/tex]m = slope[tex]m=\frac{y_2-y_2}{x_2-x_1}[/tex]

Find the slope using (8, -6) and (-8, -8):

[tex]m=\frac{-8-(-6)}{-8-8} \\\\m=\frac{-8+6}{-8-8} \\\\m=\frac{-2}{-16}\\\\m=\frac{2}{16}\\\\m=\frac{1}{8}[/tex]

[tex]y=mx + b\\\\y = \frac{1}{8}x + b[/tex]

Now, we use either of our points (8, -6) OR (-8, -8) to find b.

I will be using (8, -6):

[tex]y = \frac{1}{8}x + b\\\\-6=\frac{1}{8}(8) + b\\\\-6=1+b\\\\-1 \ \ -1\\\\-7=b[/tex]

[tex]y = \frac{1}{8}x + b== > y = \frac{1}{8}x -7[/tex]

Check your answer manually: (-8, -8)

[tex]y = \frac{1}{8}x -7\\\\-8 = \frac{1}{8}(-8) -7\\\\-8=-1-7\\\\-8=-8[/tex]

This statement is correct.

*You can also view the attached graph to verify the answer, meaning that those two points should lie on the same line.*

Hope this helps!

A triangle has two sides of length 1 and 8. What is the smallest possible whole-number length for the third side?

Answers

Answer:

1/8 is the smallest possible whole number length for the third side

a circle is placed in a square with a side length of 6yd, as shown below. Find the area of the shaded region. Use the value 3.14 for (), and do not round your answer.

Answers

Answer:

7.74 yd²

Step-by-step explanation:

Area (shaded) = Area (square) - Area (circle)Area (shaded) = 6 x 6 - 3.14 x 3 x 3 [ Note : radius of circle = 1/2 of the side of the square]Area (shaded) = 36 - 28.26Area (shaded) = 7.74 yd²

Answer:

7.74 yd²

Step-by-step explanation:

The shaded area can be calculated by subtracting the area of the circle from the area of the square.

Given:

side length of square = 6 ydradius of circle = half of side length = 3 ydπ = 3.14

Area of the square = side length × side length

                               = 6 × 6

                               = 36 yd²

Area of the circle = πr²

                             = 3.14 × 3²

                             = 28.26 yd²

Shaded area = area of square - area of circle

                      = 36 - 28.26

                      = 7.74 yd²

What does the fair and accurate credit transactions act provide for consumers? a. it entitles consumers to get one free credit report per year from the big three reporting agencies. b. it entitles consumers to notify credit reporting agencies if their identity is stolen. c. it entitles consumers to file a complaint with the federal trade commission if their identity is stolen. d. it entitles consumers to find out about who has access to personal information and if it is being handled securely.

Answers

Fair and accurate credit transactions act entitles consumers to find out about who has access to personal information and if it is being handled securely.

What is fair and accurate credit transactions act?

Fair and accurate credit transactions act passed in 2003 which is made to improve the protection of customer.

The objective of fair and accurate credit transactions act-

To improve the protection of customer.Ensure provisions in case of identity theft.Provide access to consumers to find out about who has access to personal information.

Thus, fair and accurate credit transactions act entitles consumers to find out about who has access to personal information and if it is being handled securely.

Option d is the correct option.

Learn more about the fair and accurate credit transactions act here

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Answer: a. It entitles consumers to get one free credit report per year from the big three reporting agencies.

Step-by-step explanation: quizlet

Help me please 4 questions 50 points this is due today

Answers

Answer:

Q15: A

Q12: A,C,D

Q13: B

Q14: C

Answer:

1) Left 5, Down 1

2) A, C, D

3) B

4) D

Step-by-step explanation:

Desmos graphing calculator will help you with all of these.

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