1. Alice invests $1000 at 2% interest compounded monthly over a 5 year period. Assuming no other money is deposited or withdrawn, what is the total amount of money in her account after 5 years? (Round to the nearest cent)​

Answers

Answer 1

Answer:

$1,105.08.

Step-by-step explanation:

Given that Alice invests $ 1000 at 2% interest compounded monthly over a 5 year period, assuming no other money is deposited or withdrawn, to determine what is the total amount of money in her account after 5 years, the following calculation must be performed:

X = 1,000 (1 + 0.02 / 12) ^ 5x12

X = 1,105.08

Thus, the amount of money in her account after 5 years would be $ 1,105.08.


Related Questions

Mac Cosmetic sells a lip gloss for $15.50, but it only costs the company $6 to make it what is the percentage markup on the lip gloss?

Answers

Answer:

158%

Step-by-step

$15.50 - $6 = $9.50 < Profit

Now To find The Percentage of the markup on the lip gloss?

You Divide $9.50  by $6 And You Will Get This 1.58333333333

For A Percent You Move The Decimal Point Back Two Spots And You Get

158%

I Hope You Understand and i hope i helped you

PLEASE JUST HELP ITS ACTUALLY AN EMERGENCY I WILL GIVE 3K ON BLOXBURG FOR THIS

Answers

cut off the topright rectangle so there are 2 rectangles.

That will make it look like this

2x3=6

            +

5x3=15

            =

21

            The area of that shape would be 21 square feet

21 square ft                                                                                                                                              

u got 3K i only got 1K cuz i be spending it on my house and emotes and food ;-;

                                                                                                                                                                                                                                                                                                                             

Susan plans to make 4 pies for a family reunion. There will be 32 people at the reunion. How much pie will each person get if each piece is the same size?

1. 1/4
2. 1/7
3. 1/8
4. 1/32

Answers

Answer:

3

Step-by-step explanation:

to get enough pie for 32 people, each of the 4 pies would need to be 8 slices. since they each get 1 of 8 it would be 1/8

I will mark you brainalist

Answers

Answer:

-3,3 this is because that is where both of the lines intersect making them both a solution for both equations.

Step-by-step explanation:

Answer:

B. (-3, 3)

Step-by-step explanation:

Point of intersection of both the lines is the solution to both the equations.

Both the lines are intersecting each other at point (-3, 3)

So, ordered pair of solution is (-3, 3)

Meggie starts with 100$ in her account.she wants to deposit 5$ per week . write an equation in slope intercept form to represent this situation

Answers

Answer:

y = 5x + 100

Step-by-step explanation:

What number can you multiply ONE equation by in the following system to obtain a matching
coefficient? (Elimination)
4x+3y=8
2x+5y=12
(Worth 10 points)

Answers

Answer:

Multiply the second equation by 2

Step-by-step explanation:

Given

[tex]4x + 3y = 8[/tex]

[tex]2x + 5y =12[/tex]

Required

Get matching coefficient for elimination

[tex]4x + 3y = 8[/tex]

[tex]2x + 5y =12[/tex]

The coefficient of x in both expressions are factors.

So, we can multiply the second equation by 2 to get the coefficient of x in the first.

i.e.

[tex]2 * (2x + 5y = 12)[/tex]

[tex]4x + 10y = 24[/tex]

So, the system becomes:

[tex]4x + 3y = 8[/tex]

[tex]4x + 10y = 24[/tex]

Now, x can be eliminated

helppppppppppppppppppppp

Answers

Answer is 34 ft squared

Aretha had 9 pencils. She gave her
sister 1/3 of the pencils. How many
pencils did Aretha give her sister?

Answers

Answer:

3

Step-by-step explanation:

9 divided by 3 is 3

Laura wants to learn more about her new high school. Which of the following is a statistical question Laura could ask?

A. What is the address of the school
B. Who is the principal
C. How old are the students at the school
D. Does the high-school have a jazz band

Answers

Answer:

D.

Step-by-step explanation:

There is no explanation

The answer is D. There is or should not be not explaining on this question

Halle hires a limousine at a rate of $35.40 per
hour. If she uses the limousine for 5 hours, what
will her bill for the limousine be? [7.RP.1]

Answers

177$ because you would take the hourly rate and multiply it by your amount of time.

Answer:

$177

Step-by-step explanation:

35.40 * 5 = 177 you multiply 35.40 with 5

Which number is a rational number?
36
16
6
6
36
6
16

Answers

Answer:

√36/√16 is a rational number as it can be written as 6/4=3/2 which is rational

Simplify -5( 7 + x ) + 2 5/6x.

Answers

i think the answer is -35-13/6x

20>5 + 2n - 9
Plz help me with this

Answers

Step-by-step explanation:

20>5+2n-9

20+9>5+2n

29-5>2n

n>12

hope it helps.

M=-3/2(-5,1) standard form

Answers

Not sure............but i think it is 8x-1y= -11

3. Suppose you invest $2250 in a CD that earns 3% APR and is compounded quarterly. The CD matures in 2 years. How much will this CD be worth at maturity? ​

Answers

20-%7dmisisshzusjsnshsusnnshsusnsnsushsyshs

please help me if you can! ​

Answers

Answer:

A is 55°

Step-by-step explanation:

To solve this, you need to remember that the sum of the angles inside a triangle is equal to 180 degrees.

Also, noting that this is an isosceles triangle.  That means that a and b are equal.  With that in mind, we can simply say:

a + b + c = 180

a ≡ b ∴ 2b + c = 180

2(4x + 31)° + (2x + 58)° = 180°

8x° + 62° + 2x° + 58° = 180°

Let's just stop right here, and note that normally you can treat symbols of measurements just like variables.  We've done the same here, applying the distributive property with the ° symbol.  Note though that it's currently part of every single term, so I'm going to factor it out:

(8x° + 62° + 2x° + 58°) / 1° = 180° / 1°

8x + 62 + 2x + 58 = 180

10x + 120 = 180

10x = 60

x = 6

Again noting that A and B are identical due to this being an Isosceles triangle, we can say:

A = (4x + 31)°

A = 24° + 31°

A = 55°

We can also check our answer.  The sum of the angles should be 180, and two of those angles should be 55.  That means that angle C should be 180 - 2 * 55, or 180 - 110 = 70.  Let's test it:

70 = 2x + 58

70 = 12 + 58

70 = 70

So we know that our answer is correct.

The cost of 7 pounds of berries is $16.38, what is the cost per pound of
Berries?

Answers

Answer:

2.34

Hope that helps!

HELP ASSAP I NEED TO FINISH THIS TEST AND TIS THE LAST ONE

Answers

Answer:

a=4

b=5

Step-by-step explanation:

At a Dance Team fundraiser, there is a pie toss going on and Claudia is
tossing pies at her coach.
The path of a pie models a quadratic, and the height is shown in this table.
What is the maximum height of the pie?

Answers

The maximum height is 124 inches and it happens at 4 seconds

A quality-conscious disk manufacturer wishes to know the fraction of disks his company makes which are defective. Step 1 of 2: Suppose a sample of 2346 floppy disks is drawn. Of these disks, 1971 were not defective. Using the data, estimate the proportion of disks which are defective. Enter your answer as a fraction or a decimal number rounded to three decimal places.

Answers

Answer:

The proportion of disks which are defective is 0.16.

Step-by-step explanation:

The proportion of defective disks is the number of defective disks in the sample divided by the size of the sample.

In this question:

2346 disks.

1971 not defective, so 2346 - 1971 = 375 defective.

[tex]p = \frac{375}{2346} = 0.16[/tex]

The proportion of disks which are defective is 0.16.

Mike wants to find the volume of 4 basketballs. If each basketball has a radius of 4.5
in, what would the volume of 4 basketballs be?

Answers

the answer is 25 i think

What is the resulting cross section if the cheesecake was sliced parallel to its points?

Answers

Answer:

Rectangle

Step-by-step explanation:

Tara and Mallory are practicing their passing at a volleyball practice. Tara bumps the ball from a height of 3 feet above the ground with an initial upward velocity of 12 feet/second. at the same time, mallory serves the ball from a height of 3.25 feet above the ground with an initial upward velocity of 9 feet/second.

if x represents the number of seconds since each ball is passed and y represents the height of the ball, which system of equations models the projectile motion of the two balls? recall that the acceleration due to gravity is -32 feet/second

Answers

Answer:

The system of equation that models the projectile of the two balls is option;

C. y = -16·x² + 12·x + 3

y = -16·x² + 9·x + 3.25

Step-by-step explanation:

The general equation for vertical (upward) motion under gravity is presented as follows;

h - h₀ = u·t + 1/2·g·t²

Where;

h = The final height reached

h₀ = The initial height

u = The initial velocity

g = The acceleration due to gravity ≈ -32 feet/second

t = The time taken

We can rewrite the above equation with different letters for the variables as follows;

h = y,

h₀ = y₀, and

t = x

Therefore, we have;

y - y₀ = u·x - 1/2 × 32 × x²

y = u·x - 1/2 × 32 × x² + y₀ = u·x - 16· x² + y₀

y = u·x - 16· x² + y₀ = -16·x² + u·x + y₀

y = -16·x² + u·x + y₀

For Tara, we have;

u = 12 feet/second

y₀ = 3 feet

Therefore, we get;

y = -16·x² + 12·x + 3

For Mallory, we have;

u = 9 feet/second

y₀ = 3.25 feet

Therefore, we get;

y = -16·x² + 9·x + 3.25

The correct option is therefore;

y = -16·x² + 12·x + 3

y = -16·x² + 9·x + 3.25

Taylor has 5 yards of gold ribbon to decorate
8 costumes for the school play. She plans to
use the same amount of ribbon for each
costume. How many yards of ribbon will she
use for each costume?​

Answers

I believe it’s 1.6 if you divide 8/5

A study on the latest fad diet claimed that the amounts of weight lost by all people on this diet had a mean of 23.4 pounds and a standard deviation of 6.8 pounds. Step 1 of 2 : If a sampling distribution is created using samples of the amounts of weight lost by 63 people on this diet, what would be the mean of the sampling distribution of sample means

Answers

Answer:

The mean of the sampling distribution of sample means would be of 23.4 pounds.

Step-by-step explanation:

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

What would be the mean of the sampling distribution of sample means?

By the Central Limit Theorem, the population mean, that is, of 23.4 pounds.

What is the median of this data set?

{13, 8, 12, 8, 12, 3}

Enter your answer in the box.

Answers

{13, 8, 12, 8, 12, 3}

3, 8, 8, 12, 12, 13

median — (8 + 12) : 2 = 20 : 2 = 10

[tex]\huge\text{Hey there!}[/tex]

[tex]\large\text{The word \underline{median} means the number in the CENTER (the \bf middle}\\\large\text{number).}\\\\\\\large\text{To find your median you have to put your numbers from least}\\\large\text{(smallest) to greatest (biggest).}[/tex]

[tex]\large\text{Your data slot: \textsf{13, 8, 12, 8, 12, \& 3}}[/tex]

[tex]\large\text{Conversion: \textsf{3, 8, 8, 12, 12, \& 13}}[/tex]

[tex]\large\text{Finding your result: }\large\boxed{\rm{\dfrac{8+12}{2}}}\\\\\large\boxed{= \rm{\dfrac{20}{2}}}\\\\\\\large\boxed{= \rm{\dfrac{20\div2}{2\div2}}}\\\\\\\large\boxed{\rm{= \dfrac{10}{1}}}\\\\\\\large\boxed{= 10\div 1}\\\\\\\large\boxed{\rm{= 10}}[/tex]

[tex]\huge\text{Therefore, your answer is: \boxed{\mathsf{10}}}\huge\checkmark[/tex]

[tex]\huge\text{Good luck on your assignment \& enjoy your day!}[/tex]

~[tex]\frak{Amphitrite1040:)}[/tex]

Sally has a clock with a minute hand that extends to the clock's edge. The 10 points
minute hand is 5.25 inches long. What is the CIRCUMFERENCE of the
clock? *Hint* the minute hand is the radius. *
16.485 inches
32.97 inches
about 86.55 inches
None of the above

Answers

Answer:

no se ingles así que no se pero te doy gracias por los puntos

In ΔRST, s = 3.5 cm, r = 5.4 cm and ∠R=49°. Find all possible values of ∠S, to the nearest 10th of a degree.

Answers

Answer:

29.3

Step-by-step explanation:

Sin(49)/5.4 = Sin(S)/3.5

Cross multiply.

0.4891636168

Sin^-1(0.4891636168) = 29.28562335

Round to nearest tenth.

29.3

Jermaine earned 175 points by finishing 5 levels of video games. At this rate, how many points will he earn if he finishes 12 levels of the video game?

Answers

Answer:

420 points

Step-by-step explanation:

5 levels of video games = 175 points

1 level = 175 ÷ 5

= 35 points

Therefore,

12 levels of video games = 35 × 12

= 420 points

he will earn 420
just took the test

The Federal Reserve System publishes data on family income based on its Survey of Consumer Finances. When the head of the household has a college degree, the mean before-tax family income is $ 85,050. Suppose that 56% of the before-tax family incomes when the head of the household has a college degree are between $75,000 and $95,100 and that these incomes are normally distributed. What is the standard deviation of before-tax family incomes when the head of the household has a college degree

Answers

Answer:

The standard deviation is $13,052.

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

When the head of the household has a college degree, the mean before-tax family income is $ 85,050.

This means that [tex]\mu = 85,050[/tex]

Suppose that 56% of the before-tax family incomes when the head of the household has a college degree are between $75,000 and $95,100 and that these incomes are normally distributed.

They are equally as far from the mean, one above, and one below. This means that when [tex]X = 95100[/tex], Z has a pvalue of 0.5 + (0.56/2) = 0.78. So when X = 95100, Z = 0.77. We use this to find [tex]\sigma[/tex].

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]0.77 = \frac{95100 - 85050}{\sigma}[/tex]

[tex]0.77\sigma = 10050[/tex]

[tex]\sigma = \frac{10050}{0.77}[/tex]

[tex]\sigma = 13052[/tex]

The standard deviation is $13,052.

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