1. Ernie Boddy had $3,620.00 on deposit at savings bank on July 1. The money earns interest at a rate of 6.5% compounded quarterly. a. What is the amount in the account on April first of the following year if no deposits or withdrawals were made? B. How much is the compound interest?​

Answers

Answer 1

Answer:

235.3$ for part a

Answer 2

The amount in the account on April first of the following year is $3799.358 and the compound interest is $179.358.

What is Compound Interest?

Compound interest is defined as the amount of interest which has been calculated on the principal amount as well as the amount accumulated over the previous period is also included.

(a) The amount in a compound interest can be found as,

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

where A is the final amount, P is the initial or principal amount, r is the interest rate, n is the number of times compounding occurs in a year and t is the number of years.

Given P = $3,620, r = 6.5% = 0.065, t = 9 months = 0.75 year

n = 4 (since compounded quarterly)

A = 3620 (1 + [tex]\frac{0.065}{4}[/tex]) ^(4 × 0.75)

  = 3620 (1.01625)³

  = 3799.358

(b) Compound Interest = Final amount - Initial amount

                                      = 3799.358 - 3,620

                                      = $179.358

Hence the compound interest is $179.358.

Learn more about Compound Interest here :

https://brainly.com/question/14295570

#SPJ2


Related Questions

Help plz!
The Corresponding Angles Conjecture states that if two
parallel lines are cut by a transversal, the corresponding
angles are congruent. The picture below shows this
relationship

Answers

Answer:

B

Step-by-step explanation:

Corresponding angles form a sideways U when you connect the angles.

b is the only one that does that.

1 and 4 are consecutive angles.

1 and 3 are vertical angles

4 and 3 are linear pair angles.

WHat is the answer to number 2

Answers

Answer:

My best guess C im pretty sure.

Is this a function ? :)

Answers

Answer:

yes

Step-by-step explanation:

Hey There!

So if you didn't know in order for it to be a function none of the x values can repeat

In the given relation none of the x values repeat, or each input has a different output therefore it is a function

If a =3, b = 2 and c = 5, solve the following algebraic expressions: (3 marks)

a) 3c + 5 - b
b) b(4 - 2) + c
c) 4a - (2c)

Answers

Answer:

A) 18

B)9

C)-2

Step-by-step explanation:

Replace the a,b or c with the give number. So let’s say it’s says 2 + a. It would be 2+3.

what is the product of 3/7 and 3/8?​

Answers

Answer:

9/56

Step-by-step explanation:

..................

A Y U D E N P O R F A :(

Answers

Answer:

x=2

Step-by-step explanation:

Primero, necesitamos calcular <<a>>

Sabemos que AD=BC y AB=CD porque lados opuestos congruentes

Entonces, vamos a calcular <<a>>.

Usamos AD y BC

2a-1=4a-15

suma 15 a ambos lados

2a+14=4

añada 2 en ambos lados

14=2a

divida

7=a

Ahora, usamos esta información para calcular <<x>>

Usamos CD=AB

2a-8=4x-2

pero sabemos que <<a>> es 7

entonces:

14-8=4x-2

6=4x-2

8=4x

2=x

<<x>> es 2

(¡lo siento mi español no es perfecto!

In a exam 90% students passed.if 15 students failed,find the number of students appeared in the examination?​

Answers

Answer:

150

Step-by-step explanation:

10%=15

100%=150

15 x 10=150

to check find 90% of 150 which is 135

150-135=15

please help! this is a huge chunk of my grade!!

Answers

Answer:

r=8

Step-by-step explanation:

3r+4+8r-2 = 90

11r +2 = 90

11r= 88

r= 8

The picture shows a complementary angle. Which means the angle will add up to 90 degrees. So to find the the value of r, take the two angles and add them up equal to 90:
3r+4+8r-2=90
Combine like terms:
11r+2=90
Subtract 2 to 90:
11r=88
Divide 11 to both sides:
r=8

(Help pls) When ayden mom drives to the gas station is the level in her gas tank increasing,decreasing,constant.

Answers

Answer:

Decreasing

Step-by-step explanation:

It is decreasing because it is being used.

Have a good day!!

Decreasing because as she drives, there’s less fuel in the tank

Pls help me!!!! I don't know how to do these.

Answers

Answer:

12) Option 3

13) Option 2

Step-by-step explanation:


SnackTime Foods produced 24,200,000 grams of popcorn last year, which was placed in 11-
gram bags. How many bags did the company fill?
bags
Hurry and plsssss

Answers

Answer:

2,200,000 :) give brainliest

Step-by-step explanation:

2,200,000 hope you have a great day ☺️

Which is the graph of y= 2x-3?

Answers

Graph C looks correct.

Answer:

(A:

Step-by-step explanation:

EXAMPLE:

in Slope Intercept form, the letter x determines the slope of the line, where 0 makes the line horizontal and 1 makes the line at a 45 degree angle, in this case to go from x to x plus 1 you would climb y two times, so it takes two units to go one unit to the right, so x is multiplied by 2

the addition at the end of the formula resembles how high up or down the line crosses the y axis, if the number is positive, then the line crosses that amount higher then 0, if it were a negative number, it would cross that much lower

hope this makes sence, dont worry, once you understand how slope intercept form works, you will never forget it, good luck with ur studies :)

MEGA CREDITS to MisterZeng for double checking our work, thx m8 :D

I really need help with a thing for math if yall can help I would appreciate it. If yall know this comment down below and tell me the answer

Answers

Answer:

27

Step-by-step explanation:

3/5of 45 is basically what you are looking for and it in itself is the equation you have to solve

3/5 is 3 divided by  and "of" is basically multiply by 45

3/5*45

.6*45

27

The area of a rectangle is 48x®y7
square yards. If the length of the
rectangle is 6x2y4 yards, which
expression represents the width of the
rectangle in yards?
A. 42x4y3
B. 42x6y3
C. 8x4y3
D. 8x6y3

Answers

Answer:

D

Step-by-step explanation:

Remember, area equals width x height so you can set up this equation.

[tex]48x^8y^7=6x^2y^4 * w[/tex]

Solving for w,

[tex]\frac{48x^8y^7}{6x^2y^4} =w[/tex]

Simplifying,

[tex]8x^6y^3[/tex]

Thus, D is the answer

Will mark brainliest and give thirteen points explanation

Answers

Answer:

geyser =groundwater    

glacier = freshwater

lake=freshwater

ocean=salt water

Step-by-step explanation:

Find f(5) for f(x)=1/4 (2)^x​

Answers

f(5) = 1/4(2)^5

f(5) = 1/4 (32)

f(5) = 8

answer

A. 8

Camden is deciding between two parking garages. Garage A charges an initial fee of
$12 to park plus $4 per hour. Garage B charges an initial fee of $8 to park plus $5 per
hour. Let A represent the amount Garage A would charge if Camden parks for t
hours, and let B represent the amount Garage B would charge if Camden parks for t
hours. Write an equation for each situation, in terms of t, and determine the hours
parked, t, that would make the cost of each garage the same.

Answers

Answer:

4 hours

Step-by-step explanation:

A = 12 + 4t

B = 8 + 5t

12 + 4t = 8 + 5t

t = 4

The cost of each garage would be the same when Camden parked the car for 4 hours

Wich graph matches the equition x=5

Answers

option 1
because the x line is vertical and that’s the only one that crosses at 5

Answer:

option 1

Step-by-step explanation:

do i need to?

The base of a triangular pyramid is 21 inches squared. The volume is 63 inches cubed. What is the height of the pyramid?

Answers

Answer:

9

Step-by-step explanation:

So the formula for a triangular pyramid is v=1/3bh

you plug in the values and you get 63=1/3(21)(h) and since you are finding the height, you get h=63*3/21

and then you check answers with

63=1/3(21)(9) which is true so the height is 9

Add: 2 2/3 + 3 1/12 PLEASE HURRY IM TIMED AND I WILL BE GROUNDED IF I FAIL BECAUSE I FAILED LAST TIME SO PLEASE HURRY AND HELP MEEEEE

Answers

Answer: 23/4 is you answer!!

Step-by-step explanation:

Answer: 5 3/4

Step-by-step explanation: I put them in the same denominator to add them

i don’t understand how to do this and i need help!!

Answers

Answer:

x = 26

Step-by-step explanation:

6x + 6x + (x-2) + (x-2) = 360

14x - 4 = 360

14x = 364

x = 26

6(26) = 156

(26 - 2) = 24

how 2 do?

(n)(n+7)(n+8)

Answers

Answer:

[tex]n^{3} + 15n^{2} + 56n[/tex]

Step-by-step explanation:

First FOIL  (n + 7)(n + 8) and then distribute n

(n + 7)(n + 8) = [tex]n^{2} +15n + 56[/tex]

 n ([tex]n^{2} +15n + 56[/tex])

= [tex]n^{3} + 15n^{2} + 56n[/tex]

Which of these is the best approximation of
5
to the nearest hundredth?
OA) 0.17
OB) 0.75
OC) 0.83
OD) 1.20

Answers

Answer:

oc)0.83

Step-by-step explanation:

have a good day!!!

Lydia is an architect. She has to design a courtyard garden inside a new hotel. On her blueprint, which is 1/20 the size of the actual garden, the width of the garden is 36 inches. What is the width of the actual garden?

Answers

Answer:

720 inches

Step-by-step explanation:

On her blueprint, which is 1/20 the size of the actual garden

the width of the garden is 36 inches.

What is the width of the actual garden?

Let width of the actual garden = x

1/20 of x = 36

1/20 * x = 36

x = 36 ÷ 1/20

x = 36 * 20/1

x = 720

x = 720 inches

The width of the actual garden = 720 inches

find the average rate of change, in simplest form, of the function over the interval 4\le x \le 74≤x≤7.

Answers

Answer:

[tex]Average\ Rate = \frac{104}{3}[/tex]

Step-by-step explanation:

Given

See attachment for table

Required

Determine the average rate of change over: 4≤x≤7.

Average rate of change is calculated as:

[tex]Average\ Rate = \frac{f(b) - f(a)}{b - a}[/tex]

Where:

[tex]a=4[/tex]

[tex]b = 7[/tex]

So:

[tex]Average\ Rate = \frac{f(b) - f(a)}{b - a}[/tex]

[tex]Average\ Rate = \frac{f(7) - f(4)}{7 - 4}[/tex]

[tex]Average\ Rate = \frac{f(7) - f(4)}{3}[/tex]

From that table:

f(4) =

f(7) =

So:

[tex]Average\ Rate = \frac{f(7) - f(4)}{3}[/tex]

[tex]Average\ Rate = \frac{108-4}{3}[/tex]

[tex]Average\ Rate = \frac{104}{3}[/tex]

The cost of the circular carpet, $C, varies as the square of the radius,
r metres. If C = 200 when r= 2
Find the cost of the circular carpet when r= 3

Answers

Answer:

$450

Step-by-step explanation:

C = k[tex]r^{2}[/tex]

200 = k([tex]2^{2}[/tex]) = 4k

k = 50

C = 50[tex]r^{2}[/tex] = 50([tex]3^{2}[/tex]) = 50(9) = $450

In ΔPQR, the measure of ∠R=90°, the measure of ∠P=53°, and QR = 17 feet. Find the length of PQ to the nearest tenth of a foot.

Answers

Answer:

21.2863≈21.3 feet

Step-by-step explanation:

Answer:

21.3

Step-by-step explanation:

find the surface area of the triangular prism

Answers

Answer:

608 ft²

Step-by-step explanation:

1) Find the area of the bases

[tex]A=\frac{1}{2} bh[/tex] where b is the base length and h is the height

Plug in b and h

[tex]A=\frac{1}{2} (12)(8)\\A=48[/tex]

Multiply the answer by 2 (because there are 2 bases)

A=96

Therefore, the area of the two bases is 96 ft².

2) Find the area of the two sides facing up

[tex]A=lw[/tex] where l is the length and w is the width

Plug in l and w

[tex]A=10*16\\A=160[/tex]

Multiply the answer by 2 (because there are 2 sides)

A=320

Therefore, the area of these two sides is 320 ft².

3) Find the area of the bottom side

[tex]A=lw[/tex] where l is the length and w is the width

Plug in l and w

[tex]A=12*16\\A=192[/tex]

Therefore, the area of this side is 192 ft².

4) Add all the areas together

96 ft² + 320 ft² + 192 ft²

= 608 ft²

Therefore, the surface area of the triangular prism is 608 ft².

I hope this helps!

Answer:

608

Step-by-step explanation:

first off you have to find the area of the base

the base is 16 by 12 feet.

so you multiply them and you get

16*12=192 you will have to come back later for this number

next, you find the two outsides of the triangular prism.

they are 10 by 16

10*16=160 and there are two of them so you double it and get 320

now save the 320 too with the 192

now we are going to find the triangles

the formula for an area of a triangle is A=1/2h*w

so we plug in the height which is 8 and the width which is 12

A=1/2(8)*(12)

Simplify

A=48 once again there are two of them so we double it to make it 96

now take all your saved numbers and add them all up

96+320+192

this should give you an answer of 608

hope this helps! have a nice day:)

someone plzz help me i don't know if its right I'm lost out of time

Answers

Answer:

12. 30

13. 3

Step-by-step explanation:

Gas from a local station costs $2.85 per gallon (in US dollars). Tara's car gets 13.4 kilometers to the liter.

About how much will it cost Tara to drive 640 kilometers if she buys the gas from that local gas station?

Answers

Answer:

$250.8

Step-by-step explanation:

13.4 = $2.85

13.4 x 15 = 111.0

111.0 = $42.75

111.0 x 6 = 666.0

666.0 - 26.0 = 640.0

$42.75 x 6 = $256.5

$2.85 x 2 = $5.07

$256.5 - $5.07 = $250.8

not gona lie this took forever lol

Hope this helps if so don't hesitate to 'Thanks' and/or 'brainliest' this answer!

The total cost of 640 liters of gas is $35.91.

What is the unitary method?

The unitary method is a technique for solving a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.

Given that, Gas from a local station costs $2.85 per gallon (in US dollars).

We know that, 1 gallon = 3.785 liters

Tara's car gets 13.4 kilometers to the liter.

Number of liters of gas = 640/13.4

= 47.76 liters

Number of gallons = 47.76/3.785

= 12.6 gallons

Total cost = 12.6×2.85

= $35.91

Therefore, the total cost of 640 liters of gas is $35.91.

To learn more about the unitary method visit:

brainly.com/question/22056199.

#SPJ2

Other Questions
What is the value of the expression below?256^1/4A. 16B. 8C. 4D. 64 How did creating the Department of Homeland Security address the concerns of the 9/11 Commission? How are igneous and sedimentary rocks similar? A.They are both formed by erosion. B.They are both formed from cooled lava. C.Heat and pressure can turn them into lava. D.Heat and pressure can turn them into metamorphic rock. In his, Fredrick Douglass, speech what does the word hypocrisy mean when he says Your shouts of liberty and equality mock us, your sermons and thanksgivings, with all your religious parade, are mere fraud, deception and hypocrisy? Ram has power of 550 watt. What does it means? If you order 3 pizzas, you will get 18 slices of pizza. How many slices are there in one pizza? Solve the algebraic inequality. The product of -3 and a number is at least -24. 13. Writing to Explain Explain how you would convert ameasurement given in ounces into pints. The difference between twice a number and 41 is -23 (Just need to translate it) please help as fast as u can its the pic In XYZ, x = 460 inches, y = 340 inches and Z=47. Find the area of XYZ, to the nearest square inch. *PLEASE ANSWER!! I DONT GET IT!!*What would the monthly loan payment be for a car that costs $25,000 if your loan is for 5 years at a rate of 8% per year?a.) $506.91b.) $600.56c.) $1,056.91 Find x and y in the given figure A farmer grows x acres of peas and y acres of tomatoes. He has 12 acres available to plant peas and tomatoes. Write an inequality in x and y to satisfy this condition. The number acres of tomatoes planted must not be more then twice the number of acres of peas planted. Write an inequality in x and y to satisfy this condition. Direction: Rearrange the jumbled letters to make a new word that will complete the sentence.Write your answer on the space provided.(GLOO)1. Ais a graphic symbol of a company name or trademark.(OONTRAC)2. A drawing or sketch, sometimes containing an element of caricature, showing the comicside of a situation is called(CATRUICAER) 3.Ais a humorous drawing of a person in which a familiarcharacteristic has been exaggerated.(WAERHADR) 4. Physical parts of a computer: Printer, scanner, tablet, digital pen, etc. is called(LYOATU) 5. Ais the arrangement of texts and images on a page or the overalldesign of typographic elements on page, spread or book in a graphic design.(PERINPLSEC FO TAR) 6.refers to the different ways that the elements of art canbe used in a world of art that consists of balance, emphasis, harmony, variety, movement,rhythm and proportions.(CHKEST) 7. A quick drawing that captures the appearance or action of a place or situations.(PSHEAS) 8. Ais the building blocks of an art structure.(DGTAIIL RAT) 9. The elements of art are applied in bothand in traditional art.(GOETEMCRI) 10. Shapes can beor organic.PERFORMANCE TASK i need helllllllllllllllllllllllllllllllllllllllllllp I will give Brainliest to whoever has it right! Its pretty easy. Ill still give thanks to the people who didn't get it!Humans are organisms that live on the surface of the Earth.In recent years, many products that people use have released chemicals into the air. This has slightly changed the composition of the air that surrounds the planet.Which statement describes this interaction? A. The geosphere interacted with the hydrosphere. B. The biosphere interacted with the atmosphere. C. The hydrosphere interacted with the biosphere. D. The atmosphere interacted with the geosphere.Please answer fast! (^V^) What will be the coordinates of the image of point b? Is the following expression greater than, less than, or equal to zero? (a^2+b^2)/(a^2+b^2+1)so I think it's equal to but can someone verify it for me? What Is WEATHERING help ill give you brainlest