Tom Blasting invested $4,500 in an investment paying 10% compounded quarterly for 3 years. Find the interest

Answers

Answer 1

Given that Tom invested $4500 in an investment paying 10% compounded quarterly for 3 years.

We have to find the interest for the given time period.

We know that the formula of amount on a principal P, rate r per annum, time t years where interest is compounding quarterly is:

[tex]A=P(1+\frac{r}{4})^{4t}[/tex]

Here, P = 4500, r = 0.1 and t = 3. So,

[tex]\begin{gathered} A=4500(1+\frac{0.1}{4})^{4(3)} \\ =4500(1+0.025)^{12} \\ =4500(1.025)^{12} \\ =4500(1.3448) \\ =6051.6 \end{gathered}[/tex]

So, the amount we get is $6051.6.

Now, it is known that the interest is the difference between the amount and the principal. So,

[tex]\begin{gathered} \text{ interest}=\text{ amount-principal} \\ =6051.6-4500 \\ =1551.6 \end{gathered}[/tex]

Thus, the interest is $1551.6.


Related Questions

Matt and Amy each had summer jobs. Matt worked at a restaurant as a bus boy. He earned $10 per hour, plus tips. Amy worked as a dog-groomer. She earned $8 per hour, plus tips.A) Create an equation to represent their total earnings in each situation. Explain what each of the variables represent.

Answers

Given:-

Matt and Amy each had summer jobs. Matt worked at a restaurant as a bus boy. He earned $10 per hour, plus tips. Amy worked as a dog-groomer. She earned $8 per hour, plus tips.

To find:-

An equation to represent their total earnings in each situation.

Can you explain this math to me please I’ve never seen it before and don’t understand

Answers

For a quadratic function in standard form,

[tex]\begin{gathered} \text{a = coefficient of x}^2 \\ b\text{ = coeffcient of x} \\ c=\text{ the constant term} \end{gathered}[/tex]

For the polynomial f(x),

a = 2, b = -3 and c = 4

For the polynomial g(x)

a = 4, b = -6, c = 10

For the polunomial h(x),

a = 7, b = 0, c = 8

For the polynomia p(x),

a = 1, b = -10, c = 0

6. A line goes through these two points, (-4, -1) anti (-9,-5).A. Find an equation for this line in point slope form.B. Find the equation for this line in slope intercept form. Be sure to show your work.C. If the y-coordinate of a point on this line is 7, what is the x-coordinate of this point?

Answers

A. In order to find the equation, first we need to find the slope

[tex]m=\frac{y_2-y_1}{x_2-x_1}[/tex]

m is the slope

(-4, -1)=(x1,y1)

(-9,-5)=(x2,y2)

we substitute the values

[tex]m=\frac{-5+1}{-9+4}=\frac{-4}{-5}=\frac{4}{5}[/tex]

then we use the point-slope form

[tex]y-y_1=m(x-x_1)[/tex]

we substitute the values

[tex]y+1=\frac{4}{5}(x+4)[/tex]

B. in order to find the slope-intercept form we need to isolate the y

[tex]y=\frac{4}{5}x+\frac{11}{5}[/tex]

C. if the y coordinate is 7

[tex]7=\frac{4}{5}(x)+\frac{11}{5}[/tex]

then we isolate the x

[tex]\frac{4}{5}x=7-\frac{11}{5}[/tex][tex]\begin{gathered} \frac{4}{5}x=\frac{24}{5} \\ x=\frac{5\cdot24}{5\cdot4} \\ x=6 \end{gathered}[/tex]

the value of the x-coordinate is 6 when the y-coordinate is 7


Use the distance formula, slopes and your knowledge of characteristics of different
types of quadrilaterals to determine the type of quadrilateral formed by the
following four points (-3, 1) , (-2, 3) , (0, 4) , (-1, 2)

Answers

This quadrilateral is square . It have same length of side.

How to Find type of quadrilaterals?In geometry, a quadrilateral is a four-sided polygon with four edges and four corners. The angles stood present at the four vertices or corners of the quadrilateral. If ABCD is a quadrilateral, the angles of the vertices are A, B, C, and D. The sides of a quadrilateral are AB, BC, CD, and DA. The four vertices of the quadrilateral ABCD are A, B, C, and D.The diagonals are formed by connecting the quadrilateral's opposite vertices.Quadrilaterals are typically four-sided shapes such as rectangles, squares, and trapezoids.In a concave quadrilateral, one interior angle is greater than 180°, and one of the two diagonals lies outside the quadrilateral.A convex quadrilateral's interior angles are all less than 180°.

Therefore,

From question the coordinates of A,B,C,D are given as ,

A = (-3, 1) B =  (-2, 3) C = (0, 4) D = (-1, 2)

We use distance formula :

Distance =  √(x2 -x1)²+(y2 - y1)²

AB = √(-2 + 3)²+(3 - 1)² = √(5)

BC = √(0+2)²+(4–3)² =  √5

CD = √(-1 –0)²+(2–4)² =√5

DA = √(-1 +3)²+(2–1)² =√5

We get the distance is √5 for all points, so the type of quadrilateral is square.

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Suppose that a household's monthly water bill (in dollars) is a linear function of the amount of water the household uses (in hundreds of cubic feet, HCF). When graphed, the function gives a line with a slope of 1.45. See the figure below.

If the monthly cost for 22 HCF is $45.78, what is the monthly cost for 19 HCF?

Answers

Using a linear function, it is found that the monthly cost for 19 HCF is of $41.43.

What is a linear function?

A linear function, in slope-intercept format, is modeled according to the rule presented below:

y = mx + b

In which the parameters of the function are described as follows:

The coefficient m is the slope of the function, representing the rate of change of the function, that is, the change in y divided by the change in x.The coefficient b is the y-intercept of the function, which is the value of y when the function crosses the y-axis(x = 0).

As stated in the problem, the slope is of 1.45, hence:

y = 1.45x + b.

The monthly cost for 22 HCF is $45.78, hence when x = 22, y = 45.78, meaning that the intercept b can be found as follows:

45.78 = 1.45(22) + b

b = 45.78 - 1.45 x 22

b = 13.88.

Then the function is:

y = 1.45x + 13.88.

And the cost for 19 HCF is given by:

y = 1.45(19) + 13.88 = $41.43.

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statistics classifying samples (I am not sure if this is B or C)

Answers

ANSWER :

C.

EXPLANATION :

Cluster sampling divides the population into smaller groups known as clusters.

Then randomly selecting among these clusters to form a sample.

In A, there's no grouping.

In B, there is a grouping and he randomly chooses 9 groups and selects all of the passengers.

In C, there is a grouping and he selects 12 passengers at random from each group

The best scenario that represents a cluster sampling is C.

What is the value of x? Enter your answer in the box. x =

Answers

The value of x from the given isosceles triangle is 8 units.

The measures of sides of triangle are given AB=4x-10, AC=5x-22 and BC=3x+2.

What is an isosceles triangle?

Isosceles triangles are those triangles that have at least two sides of equal measure and two base angles are equal.

Here, AC = BC

⇒ 5x-22 = 3x+2

⇒ 5x-3x = 22+2

⇒ 3x = 24

⇒ x = 8 units

Therefore, the value of x from the given isosceles triangle is 8 units.

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Find m∠1 I need help please

Answers

Answer: 70

Step-by-step explanation: 180-110=70

because of isosceles, so ∠1=70

Explain why the product of 20 x 30 is equal to 600.
BIU

Answers

Answer:

600

Step-by-step explanation:

2 X 3 = 6

20 has one 0

30 has one 0

one 0 and one 0 is two 0s

6 plus two 0s = 600

Dalia works mowing lawns and babysitting. She earns $8.40 an hour for mowing and $7.90 an hour for babysitting . How much will ahe earn for 7 hours of mowing and 1 hour of babysitting?

Answers

Given that she earns $8.40 an hour for mowing then for 7 hours of mowing, the amount earned

= 7 * $8.40

=$58.80

Furthermore, given that she earns $7.90 for baby sitting for an hour

Hence for mowing for 7 hours and baby sitting for 1 hour, the total amount she will earn

= $58.80 + $7.90

= $66.70

Determine the required value of a missing probability to make the distribution a discrete probability distribution… p(4) =

Answers

The table given showed the discrete probability distribution for random variables 3 to 6 and their corresponding probability except for the probability of 4

It should be noted that for a probability distribution, the cummulative probabibility (that is the sum of all the probability) must be equal to one.

This means that

[tex]P(3)+P(4)+P(5)+P(6)=1[/tex]

From the given table, it can be seen that

[tex]\begin{gathered} P(3)=0.32 \\ P(4)=\text{?} \\ P(5)=0.17 \\ P(6)=0.26 \end{gathered}[/tex]

Then, p(4) is calculated below

[tex]\begin{gathered} P(3)+P(4)+P(5)+P(6)=1 \\ 0.32+P(4)+0.17+0.26=1 \\ P(4)+0.32+0.17+0.26=1_{} \\ P(4)+0.75=1 \\ P(4)=1-0.75 \\ P(4)=0.25 \end{gathered}[/tex]

Hence, P(4) is 0.25

Find the circumference of a circle with a diameter of centimeters. Round your answer to the nearest centimeter.

Answers

Circumference = 2* pi * r

r = radius

r = diameter/2

r = 50/2

r = 25 cm

Circumference = 2*3.14 * 25

Circumference = 157 cm

Result = 157 cm

The second choice

Which of the following graphs represent the system of equations f(x) = x2 + 2x + 2 and g(x) = –x2 + 2x + 4?

Answers

The Solution:

Given:

[tex]\begin{gathered} f(x)=x^2+2x+2 \\ \\ g(x)=-x^2+2x+4 \end{gathered}[/tex]

We are required to determine the graphs of the given functions.

Below is the graph of the function:

Thus, the correct answer is:

To the function attached,Is f(x) continuous at x=1? Please explain

Answers

Recall that a function is continuous at a point if the limit as the variable approaches a value is the same as the value of the function at that point.

Now, notice that, using the definition of the function:

[tex]\begin{gathered} \lim_{x\to1^+}f(x)=\sqrt{1}+2=3, \\ \lim_{x\to1^-}f(x)=3, \end{gathered}[/tex]

therefore:

[tex]\lim_{x\to1}f(x)=3.[/tex]

Given that the limit and the value of the function at x=1 are equal, the function is continuous at x=1.

Answer: It is continuous at x=1.

what is the better buy 4GB flash drive for $8 2 GB for $6 or 8 GB for $13

Answers

In order to find out which of the options would be better to buy we would have to calculate the better unit price that eacho of the following options offer.

So, unit price for the offers would be:

For 4GB flash drive for $8, unit price=$8/4

unit price=$2

For 2 GB for $6, unit price=$6/2=$3

For 8 GB for $13, unit prince=$13/8=$1.625

Therefore, as the unit price of 8 GB for $13 is the lower one, then the better choice to buy would be 8 GB for $13

In Mr. Peter's class, 75% of the students have a pet. There are 15 students with pets in the class. How many total students are in the class?

Answers

Answer:

20 Students

Explanation:

Let the total number of students in the class = x

Number of students that have pets = 15

Percentage of students that have pets = 75%

Therefore:

[tex]75\%\text{ of x=15}[/tex]

We then solve for x.

[tex]\begin{gathered} \frac{75}{100}\times x=15 \\ 0.75x=15 \\ x=\frac{15}{0.75} \\ x=20 \end{gathered}[/tex]

We have 20 students in total in the class.

Mrs barker wants to tile her washroom floor. The area of the washroom floor is 6.75 square metres. She determines that she will use 300 square tiles. What are the dimensions of the tiles, in centimetres?

Answers

ANSWER

15 centimeters

EXPLANATION

First, we have to find the area of the washroom floor in square centimeters, by multiplying the area in square meters by 10,000 or, in other words, moving the decimal point 4 units to the right,

[tex]6.75m^2=6.75\times10,000cm^2=67,500cm^2[/tex]

Now, we know that Mrs. Barker will use 300 square tiles, so the area of each tile must be,

[tex]A_{tile}=\frac{A_{floor}}{number\text{ }of\text{ }tiles}=\frac{67,500cm^2}{300}=225cm^2[/tex]

Thus, if the tiles are squared, the side length of each tile is the square root of the area of each tile,

[tex]s=\sqrt{A_{tile}}=\sqrt{225cm^2}=15cm[/tex]

Hence, the side length of each tile is 15 cm.

Find the distance between the points (4,1) and (2,4) using distance formula

Answers

Given:-

[tex](4,1)(2,4)[/tex]

To find the distance.

So the distance formula is,

[tex]d=\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

Substituting we get,

[tex]\begin{gathered} d=\sqrt{(2-4)^2+(4-1)^2} \\ d=\sqrt{-2^2+3^2} \\ d=\sqrt{4+9} \\ d=\sqrt{13} \end{gathered}[/tex]

So the required distance is root 13.

Determine whether a tangent line is shown in this figure

Answers

Given:

Required:

To determine whether a tangent line is shown in the given figure.

Explanation:

By the definition of tangent line, we know that tangent line is a straight line that touches the circle at one point.

Now consider the given figure, there is a tangent line in the given figure.

Final Answer:

Yes.

A new born child receives a $8,000 gift toward a college education from her grandparents. How much will the $8,000 be worth in 17 years if it is invested at 72% compounded quarterly?It will be worth $(Round to the nearest cent)

Answers

Answer:

The money will be worth $618111016.19 at the end of 17 years

Explanation:

Initial amount received, P = $3000

Interest rate, r = 72%

r = 72/100

r = 0.72

Number of times compounded in a year, n = 4

Time, t = 17 years

Amount after 17 years will be calculated as:

[tex]A=P(1+\frac{r}{n})^{nt}[/tex]

Substitute P = 8000, r = 0.72, n = 4, and t = 17 into the formula above

[tex]A=8000(1+\frac{0.72}{4})^{4(17)}[/tex][tex]\begin{gathered} A=8000(1+0.18)^{68} \\ A=8000(1.18)^{68} \end{gathered}[/tex]

A = $618111016.19

The money will be worth $618111016.19 at the end of 17 years


You start a trip when your odometer reads 23,672 miles, and you have a full tank of gas. After
driving a few hours, you fill up your tank. If you buy 16.5 gallons and your odometer reads
23,927, how many miles to the gallon are you getting, rounded to the nearest tenth of a gallon.

I need helppp with example pliss

Answers

Answer:

15.6 MPG

Step-by-step explanation:

You start a trip when your odometer reads 23,672 miles, and you have a full tank of gas. After driving a few hours, you fill up your tank. If you buy 16.5 gallons and your odometer reads 23,927, how many miles to the gallon are you getting, rounded to the nearest tenth of a gallon.

You went 23,927 - 23,672 = 255 miles

Because you started on a full tank, you went 255 miles on 16.5 gallons

to figure MPG:

255/16.5 = 15.4545... MPG

rounded to nearest 10th of gallon:

15.6 MPG

14. A waterway contains 10.3 milligrams of an impurity per gallon of water. How many micrograms of impurity arepresent per liter of water?

Answers

1) Gathering the data

10.3 mg of impurity per gallon of water

? μg of impurity per liter?

2) Since this is a matter of units conversion, then let's work remembering

the Metrical and Customary equivalences:

1 μg = 0.001 mg

1 gallon = 3.78 liters

3) As we have a ratio, let's write it as a ratio:

[tex]undefined[/tex]

The average of 13, 15, 20 and x is 18. What is the value of x?​

Answers

x will be equal to 24.

Given,

There are 4 numbers:
13, 15, 20, and x.

Average of all numbers = 18.

We know that,

Average = ( sum of all numbers) / ( total numbers)

In this case,

Average = ( 13 + 15 + 20 + x) / 4

According to the question,

18 = (48 + x) / 4

=> 72 = 48 + x

=> x = 72 - 48

=> x = 24.

So, in order to make the average equal to 18, x should be equal to 24.

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b. Function h will begin to exceed f and g around x = [. (Round up to the nearest whole number.)

Answers

If we evaluate x = 10 on all the functions, we have:

[tex]\begin{gathered} h(10)=1.31^{10}=14.88 \\ f(10)=1.25(10)=12.5 \\ g(10)=0.1562(10)^2=15.625 \end{gathered}[/tex]

and then, evaluating x = 11, we get:

[tex]\begin{gathered} h(11)=1.13^{11}=19.49 \\ f(11)=1.25(11)=13.75 \\ g(11)=0.15625(11)^2=18.9 \end{gathered}[/tex]

notice that on x = 10, h(x) does not exceed g(x), but on x = 11, h(x) exceeds the other functions. Therefore, h will begin exceed f and g around 11

5. Joseph Cheyenne is earning an annual salary of $24,895. He has been offered the job in the ad. How much more would he earn per month if he is paid: a. the minimum? b. the maximum

Answers

Joseph has an annual salary of $24895 dollars and she get the new job that is between 28000-36000 dollars so:

the minimum will be:

[tex]24895+28000=52000[/tex]

and the maximun will be:

[tex]24895+36000=60895[/tex]

In how many ways can the letters in the word PAYMENT be arranged using 4 letters?A. 42B. 840C. 2520D. 1260

Answers

The word PAYMENT has 7 letters. They can be arranged in groups of 4 like shown below:

PYNT, TA

1 pts
4. If line segment AB has coordinates A(-2,4) and B(2,0) and line segment
CD has coordinates C(3,4)and D(-3,-2), how would you describe these two
line segments?

A: neither
B: perpendicular
C: parallel

Answers

Answer:

B

Step-by-step explanation:

[tex]m_{\overline{AB}}=\frac{4-0}{-2-2}=-1 \\ \\ m_{\overline{CD}}=\frac{-2-4}{-3-3}=1 [/tex]

Since the slopes are negative reciprocals of each other, and since they intersect, they are parallel.

Hi, I need help on this. the sentence says Write the Numbers that represent each Expression

Answers

H = 1, P =2, R = 3 B = -1, C = -2, A = -3, Q = -5

Explanation:

For the first number line:

From the tick mark to the tick mark with 4, there are 4 tick marks

Distance from 0 to 4 = 4 - 0 = 4

Each tick mark = 4/4 tick marks

Each tick mark = 1

This means each tick mark increases by 1 to the right after 0 and decreases by one to the left before zero.

H, P and R are after 0

H = 0 + 1 = 1

P = 1 + 1 = 2

R = 2 + 1 = 3

B, C, A and Q are all before 0

B = 0 - 1 = -1

C = -1 - 1 = -2

A = -2 - 1 = -3

Q = -4 - 1 = -5

For the 2nd number line:

from 0 to 100, there 5 tick marks

Distance from 0 to 100 = 100 - 0 = 100

Each tick mark = 100/5 tick marks

Each tick mark = 20

This means each tick mark after zero increases by 20 to the right and decreases to the before 0 by 20.

A, L and M are after zero

Number before A is 20, increasing the number by 20

A = 20 + 20 = 40

L = 40 + 20 = 60

M = 60 + 20 = 80

J, P, T, V are before zero

Number before J = 0, decreasing by 20

J = 0 - 20 = -20

P = -20 - 20 = -40

T = -40 - 20 = -60

V = -60 - 20 = -80

Shawn pays a rate of 35.55 mills in property tax on a home with an assessed value of $63,500. What is his property tax?

Answers

Answer:

$2257.425

Explanation:

A rate of 35.55 mills means that they have to pay 35.55 per each $1000 in the assessed value. If the assessed value is 63,500, we can calculate his property tax as

[tex]63,500\times\frac{35.55}{1000}=2257.425[/tex]

Therefore, the answer is $2257.425

which expressions are equivalent to 9 divided by 0.3

Answers

Answer:

Step-by-step explanation:

So the answer would be 90 divided by 3 because all you have to do is multiply 0.3 times 10 and 9 times 10 simple hope this was understandable

30 will be the expressions that are equivalent to 9 divided by 0.3.

What is an equivalent expression?

In general, something is considered equal if two of them are the same. Similar to this, analogous expressions in maths are those that hold true even when they appear to be distinct. However, both forms provide the same outcome when the values are entered into the formula.

An expression is equivalent even when both sides are multiplied or divided with the same non-zero value.

The expression 9 divided by 0.3 can be written as 9/0.3

The expression that will be equivalent will be determined as:

= 9/0.3

= 90/3

= 30

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