$4700 accumulating to $5994.76, compounded monthly for 5 years. What is the interest rate %

Answers

Answer 1
Answer:

48.76%

Step-by-step explanation:

Compound interest describes interest on the principal plus interest.

Compound Interest Formula

The formula to find compound interest is [tex]A=P(1+\frac{r}{n})^{nt}[/tex]. In the formula:

A is the total amount, P is the principal, r is the rate as a decimal, n is how often interest is compounded,t is time.

We can plug in our information to find the rate.

Solving For Interest Rate

First, let's rewrite the equation with our information. Note that for simplicity I will write rounded values for each step, but in reality, no rounding should be done until the last step.

[tex]5994.76 = 4700(1+\frac{r}{12})^{12*5}[/tex]

Then, simplify the exponent and divide both sides by 4700.

[tex]1.275=(1+\frac{r}{12} )^{60}[/tex]

Take the 60th root of both sides.

[tex]1.004=(1+\frac{r}{12} )[/tex]

Subtract 1 from both sides.

[tex]0.004063=\frac{r}{12}[/tex]

Finally, multiply both sides by 12.

r = 0.04876

This means that the rate is 0.04876. We can multiply this by 100 to get the rate as a percentage. The interest rate is 48.76%.


Related Questions

If $1,800 gains $882 in interest in seven years, what was the interest rate per year?

Answers

Answer:

rate = 7%

Step-by-step explanation:

From the question

Principal = $1,800

Time = 7 years

simple interest = $882

Rate = ?

rate = 100 × ST

P × T

rate = 100 × $882

$1,800 × 7

rate = $88200

12,600

rate = 7%

Which value is equal to 2 square root 98 times square root 2?

Answers

The value of the expression is 28

How to determine the value of the expression

From the question, we have the following parameters that can be used in our computation:

2 square root 98 times square root 2

Express properly

So, we have the following representation

2√98 * √2

Evaluate the products

This gives

2√196

Take the square root of 196

2 * 14

So, we have

28

hence, the solution is 28

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Help!!
Find the value of x
A. X=2
B. X=3
C. X=4
D. X=6

Answers

The value of x is 3. Option B

How to determine the value

It is important to note that the given shape is a parallelogram.

The properties of a parallelogram are;

Opposite sides of the parallelogram are parallelOpposite sides are equalOpposite angles are equalThe interior angles are supplementaryDiagonal of a parallelogram separates it into two congruent trianglesThe diagonals of a parallelogram bisect each other at right angle

Now, let's equate the sides, we have;

4x - 1 = 6x - 5

collect like terms

4x - 6x = -5 -1

Subtract like terms

-2x = -6

Make 'x' the subject of formula

x = -6/-2

x = 3

Hence, the value is 3

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In parallelogram lmno, what is the measure of angle m? 20° 60° 80° 100°

Answers

In parallelogram lmno measure of angle m m∠M = 80°

In a parallelogram, opposite sides and opposite angles are congruent to each other.

⇒ m∠N = m∠L and m∠M = m∠O ..........(1)

Also, the sum of any two consecutive angles of a parallelogram is supplementary that is 180°

⇒ m∠M + m∠L = 180°  ...........(2)

Now, using equation (1)

m∠N = m∠L

⇒ 5x = 3x + 40

⇒ 5x - 3x = 40

⇒ 2x = 40

⇒ x = 20

⇒ m∠N = m∠L = 5x = 100°

Now, from equation (2)

m∠M + m∠L = 180°

⇒ m∠M + 100 = 180

⇒ m∠M = 80°

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Write each proof. Finish the table.

Answers

[tex]\overline{AB}[/tex]1) The proof for to show that ΔJKN ≅ΔMKL is given as follows:

Given:

∠N≅∠L

[tex]\overline{JK}[/tex] ≅ [tex]\overline{MK}[/tex]

Thus,

ΔJKN ≅ΔMKL:

Reason: Angle - Angle - Side Theorem

Note that Vertical ∡s are ≅ (Congruent)

2) Given:

[tex]\overline{DE}[/tex] || [tex]\overline{FG}[/tex]

∠E ≅ ∠G

Since

[tex]\overline{DE}[/tex] || [tex]\overline{FG}[/tex], it means that ∠EDF ≅ ∠GFD, is because Alternate Angles of parallel lines are ≅ (Congruent). Given that ∠E ≅ ∠G. On the basis of reflexive property, [tex]\overline{DF}[/tex] ≅ [tex]\overline{FD}[/tex].

Hence, by the rule of Angle - Angle - Side, ΔFDE ≅ΔDFG.

What is Reflexive Property?

In geometry, the reflexive property of congruence asserts that every angle, line, and figure/shape is congruent to itself.

This characteristic is commonly utilized in proofs such as establishing two triangles are congruent and parallel lines are parallel.

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Given that a = 8 cm and b = 21 cm, work out A rounded to 1 DP.

Answers

Given that a = 8 cm and b = 21 cm, the value of A is 20.9 degrees

How to work out the measure of A

The complete question is added as an attachment

From the question, we have the following parameters that can be used in our computation:

a = 8 cm and b = 21 cm

Using the tangent function, we have

tan(A) = a/b

So, we have

tan(A) = 8/21

Evaluate

tan(A) = 0.3810

Take the arctan of both sides

A = 20.9 degrees

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Evaluate 11.5x+10.9y when x=7 and y=8.

Answers

Answer: 167.7

Step-by-step explanation:

Step 1:

Substitute

11.5(7) + 10.9(8)

Step 2:

Multiply:

80.5 + 87.2

Step 3:

Add:

167.7

Answer:

167.7

Step-by-step explanation:

Variables are letters within math that represent numbers.

The Expression

The question above is written as an expression. An expression is a mathematical statement that does not contain an equal sign. This is an expression because it's an addition statement without an equal sign.

Within the expression, there are 2 variables. Both x and y are variables because they're letters within the expression that are intended to represent numbers.

Solving the Expression

Now, to solve the expression we can plug the numbers we were given for each variable.

11.5(7) + 10.9(8) = 167.7

So, the answer to the expression 167.7.

A shipping crate holds 20 shoeboxes. The dimensions of a shoebox are 6“ x 4“ x 12“. For numbers 1a-1c, write the number that makes the sentence true.

1a. Each shoebox have a volume of____ cubic inches.

1b. Each crate has a volume of about _____ cubic inches.

1c. If the crate could hold 27 shoeboxes, the volume of the crate would be about____ cubic inches.

Answers

a. Each shoebox has a volume of 288 cubic inches.

b. Each crate has a volume of about 5,760 cubic inches.

c. If the crate could hold 27 shoeboxes, the total volume would be of about 7,776 cubic inches.

How to obtain the volume of a rectangular prism?

The volume of a rectangular prism is obtained by the multiplication of the dimensions of the prism.

Hence the volume of the box in this problem is of:

6 x 4 x 12 = 288 cubic inches.

For the crates, we have that:

20 x 288 = 5,760 cubic inches.27 x 288 = 7,776 cubic inches.

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Answer:

A.288

B.5,760

C.27 shoeboxes

Step-by-step explanation:

if you have a logical statement in five variables how many rows do you need in the truth table that you would use to evaluate it?

Answers

32 rows are needed in the truth table that we would use to evaluate a logical statement in five variables

As per the given data:

If we have a logical statement in five variables then we have to determine how many rows we need in the truth table that you would use to evaluate it.

It is calculated by both from truth table and by using the formula.

A table with rows and columns is created for a compound statement, and the number of rows depends on the number of statements.

As we know that the formula for number of rows need in the truth table.

Number of rows = [tex]2^{n}[/tex]

Where n = Number of variables

Here given number of variables are 5.

n = 5

  [tex]2^{n}[/tex] = [tex]2^{5}[/tex]

= 32

Therefore 32 rows are needed in the truth table.

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If f(x)= 3x+2 and g(x)= x2−x find the value of g(-6)

Answers

The value of g(-6) is 42

What is a linear function?

A linear function is a function that represents a straight line on the coordinate plane. For example, y = 3x - 2 represents a straight line on a coordinate plane and hence it represents a linear function. Since y can be replaced with f(x), this function can be written as f(x) = 3x - 2.

For example if f(x) = 3x-2, the value of f(3) is derived by substituting 3 for x In the function. Therefore f(x) = 3(3) -2 = 9-2 = 7

Similarly to solve g(-6) we substitute -6 for x in the function

g(-6) = -6² -(-6)

g(-6) = 36 + 6

g(-6) = 42

therefore the value of g(-6) = 42

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What is an equation of the line that passes through the point
(

2
,

3
)
(−2,−3) and is parallel to the line
4



=
1
4x−y=1?

Answers

Answer:

To find an equation of the line that passes through the point (-2, -3) and is parallel to the line 4x-y = 1, we know that the slope of the line we are looking for must be the same as the slope of the line 4x-y = 1. We can find the slope of 4x-y = 1 by rearranging it to the slope-intercept form y = mx + b.

4x - y = 1

y = -4x + 1

The slope of this line is -4

Now that we know the slope of the line we are looking for is -4, we can use the point-slope form of a linear equation, which is:

y - y1 = m (x - x1)

where (x1, y1) is a point on the line, and m is the slope.

We know that the point (-2, -3) is on the line we are looking for, so we can substitute these values into the point-slope form:

y - (-3) = -4 (x - (-2))

y + 3 = -4x + 8

y = -4x + 5

So an equation of the line that passes through the point (-2, -3) and is parallel to the line 4x-y = 1 is y = -4x + 5.

a person or object that is a member of the group being studied.

Answers

A population is a person or object that is a member of the sample being studied while a sample is the entire group that is being studied.

In a research study, a sample is a relatively small group of people from whom data is collected. The population is the bigger group to whom the information is then generalized.

All citizens, whether they are living there permanently or are only visiting, are referred to as the "people."

This indicator shows the average population density of a given area. The annual population fluctuations brought on by births, deaths, and net migration are known as growth rates.

A population is any large group that has at least one attribute in common. Not all populations are made up of people.

Populations can include, but are not limited to, people, animals, groups, organizations, buildings, houses, trucks, farms, and things.

Of the 7.8 billion people on the planet, 1%, or around 78 million individuals, would be there. One percent of the 7.8 billion people on the planet, or 78 million people, live there.

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Complete question -

A person or object that is a member of the group being studied is called ______.

solve the inequality 7/2 is greater than or equal to b + 9/5

Answers

Answer: b ≤ 17/10

Step-by-step explanation:

7/2 ≥ b + 9/5

7/2 - 9/5 ≥ b

17/10 ≥ b

b ≤ 17/10

find the surface area of a sphere with a diameter of 12 m.

A) 452.2 m
B) 150.7 m
C) 113.0 m
D) 904.3 m

Find the volume of a sphere with a redius of 4 ft.

A) 33.5 ft
B) 67.0 ft
C) 267.9 ft
D) 803.8 ft

Answers

Answer:

First question: 452.2

Second question: 267.9

Step-by-step explanation:

Not a hundred percent sure on second ques

Helen has to buy all the butter she needs to make 60 biscuits.

She buys the butter in 250 g packs.

What is the exact amount of butter she needs?

Answers

For making of 60 biscuits the quantity and packs of butter required by Helen is :

a. The exact amount of butter is 480 grams to make 60 biscuits.

b. Number of packs of butter Helen needs to buy is 2 packs.

Amount of sugar need to make 15 biscuits = 60 grams

Flour is three time of sugar to make 15 biscuits = 60 × 3

                                                                               = 180 grams

Amount of flour to make 60 biscuits = 180 × 4

                                                            = 720 grams

Butter is two times as sugar  to make 15 biscuits= 60 × 2

                                                                                = 120grams

a. Exact amount of butter to make 60 biscuits is:

Butter required to make 60 biscuits = 120 × 4

                                                            = 480 grams

b. One pack is of 250 grams

Number of packs of butter she need to buy = 480 / 250

                                                                         = 1,92

                                                                         ≈ 2packs

Therefore, the quantity of butter and number of packs of butter is given by :

a. The exact amount of butter required to make 60 biscuits is 480 grams.

b. The number of packs she needs to purchase is 2 packs.

The above question is incomplete, the complete question is :

Helen has to buy all the butter she needs to make 60 biscuits. She buys the butter in 250g packs.

(i) What is the exact amount of butter she needs?

(ii) How many packs of butter will she have to buy?

Figure is attached.

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One year Roger had the lowest ERA​ (earned-run average, mean number of runs yielded per nine innings​ pitched) of any male pitcher at his​ school, with an ERA of 3. 14. €‹Also, Amber had the lowest ERA of any female pitcher at the school with an ERA of 3. 38. For the​ males, the mean ERA was 4. 371 and the standard deviation was 0. 787. For the​ females, the mean ERA was 4. 363 and the standard deviation was 0. 869. Find their respective​ z-scores. Which player had the better year relative to their​ peers, Roger or Amber​? ​(Note: In​ general, the lower the​ ERA, the better the​ pitcher. ) Roger had an ERA with a​ z-score of nothing. Amber had an ERA with a​ z-score of nothing

Answers

The z-score is greater in the case of Amber than in Roger so Amber had a better year relative to their peers.

First for Roger:

We have

Mean, μ = 4.371

Standard deviation, s = 0.787

so z-score for X = 3.14 will be

z = (X-μ)/s = (3.14 - 4.371)/0.787

or z = -1.564

Now In the case of Amber:

We have

μ = 4.363

s = 0.869

X = 3.38

so z = (X-μ)/s =  (3.38 - 4.363)/0.869

or z = -1.131

Therefore, The z-score is greater in the case of Amber than Roger so Amber had a better year relative to their peers.

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In each question, lines AI and GJ are parallel and intersected by the transversal line FE.


Angles EBI and BCJ are corresponding angles. Use a transformation that takes angle EBI to angle BCJ to prove that corresponding angles are congruent

Answers

Angle EBI and angle BCJ are congruent is proved as follow.

To prove that corresponding angles are congruent, we can use the transformation that takes angle EBI to angle BCJ.

First, we place angle EBI in the plane.Next, we use a transformation, such as a translation or rotation, to move angle EBI to the position of angle BCJ.Since the transformation preserves the angle measure and the angles have been superimposed on each other, we can see that angle EBI and angle BCJ have the same measure.

Therefore, we can conclude that corresponding angles are congruent.

Alternatively, we can use the fact that if two lines are parallel, then the alternate interior angles are congruent and corresponding angles are congruent. Since AI and GJ are parallel, angle EBI and angle BCJ are congruent.

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The price of the computer was $52 on the day he bought it. The next day it had been marked up by 40%. What was the new price after the sale?

Answers

Answer:

72.8

Step-by-step explanation:

52*1.4=72.8

Answer: $70.80

Step-by-step explanation:

This is a two-step equation. First, you need to find what 40% of 52 is. You do this by multiplying 52 by 0.40. Then you would get the answer 20.8, but that isn't the final answer. Next, you add 52 and 20.8 together to get the final solution.

For the vectors u = (-4,-1) and v= (1,3), express u as the sum u=p+n, where p is parallel to v and n is orthogonal to v. + 7 21 33 11 u=p+n= 10 10 10 10 (Type integers or simplified fractions. List the terms in the same order as they appear in the original list.)

Answers

The vector u can be expressed as a sum of n and p when n= (-33/10, 11/10) and p= (-7/10, -21/10).

To find the vector p that is parallel to v, we need to project u onto v. We can use the formula for projection:

p = (u . v) / (||v||^2) * v

where . represents dot product and ||v|| represents the magnitude of v.

First, we need to find the dot product of u and v:

(-4,-1) . (1,3) = -4*1 + -1*3 = -4 + -3 = -7

Next, we need to find the magnitude of v:

||v|| = sqrt(1^2 + 3^2) = sqrt(1 + 9) = sqrt(10)

Then, we can plug these values into the projection formula:

p = (-7) / (sqrt(10))^2 * (1,3) = (-7/10) * (1,3) = (-7/10, -21/10)

So the vector p that is parallel to v is (-7/10, -21/10)

To find the vector n that is orthogonal to v, we can subtract p from u:

n = u - p = (-4,-1) - (-7/10, -21/10) = (-4 + 7/10, -1 + 21/10) = (-33/10, 11/10)

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if one full-time student who is a freshman or sophomore is selected at random, what is the probability that the student will be a student who lives on campus?

Answers

The probability that the student will be a student who lives on campus is 0.24

In math the term probability is referred as the branch of mathematics that studies the possible outcomes of given events together with the outcomes' relative likelihoods and distributions.

Here we have given that one full-time student who is a freshman or sophomore is selected at random.

Here we need to find the probability that the student will be a student who lives on campus.

Here we know that the probability that a student is a sophomore is calculated as,

=> P(S) = 19/42 = 0.45.

Whereas the probability that a student has a freshman is calculated as,

=>P(H)=25/42=0.6.

Then the probability that the student will be a student who lives on campus is calculated as,

=> P(H∩S)=P(S)+P(H)−P(S∪H)

Apply the values then simplify this one then we get,

=> 0.45+0.6−(42−8)/42=0.24

Complete Question:

Suppose that a certain college class contains 42 students and then if one full-time student who is a freshman or sophomore is selected at random, what is the probability that the student will be a student who lives on campus?

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what part of an hour is 45 minutes

Answers

For 45 minutes, it is 3/4 of an hour.

a. Find the scale factor from triangle JKL to triangle PQR.

b. List all pairs of corresponding angles.

c. Write the ratios of the corresponding side lengths in a statement of proportionality.

Answers

a. The scale factor is: 3/2

b. The pairs of corresponding angles are, <J and <P; <K and <Q; <L and <R.

c. The ratios are: JK/PQ = KL/QR = JL/PR.

How to Find the Scale Factor?

The scale factor, also known as the ratio of similitude, is used to describe the relationship between the size of two similar figures. It is the ratio of the corresponding measurement of the new figure to the original figure.

a. scale factor from triangle JKL to triangle PQR = PQ/JK

= 9/6

= 3/2

b. The pairs of corresponding angles are:

<J and <P

<K and <Q

<L and <R

c. The ratios of the corresponding side lengths in a statement of proportionality will be: JK/PQ = KL/QR = JL/PR.

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1) Mean 12, 12, 16, 11, 19, 18, 10 Median: Mode: Range:​

Answers

Mean is adding everything and then dividing the sum by number of values: 12+12+16+11+19+18+10/7= 14 MEAN


MEDIAN: 12
mode: 12
Range: 19-10= 9

the ratio of the length to the width to the height of a rectangular solid is 10 to 4 to 1, and the total surface area of the rectangular solid is 972. what is the volume of the rectangular solid?

Answers

Using the information in the issue and the formulas for the total surface area and volume of a rectangular solid, we can determine the volume of the rectangle solid in detail.

First, we calculate the rectangular solid's overall surface area using the following formula:

2(lw + lh + wh) = 972

Where the rectangular solid's dimensions are l for length, w for width, and h for height.

We can describe the three sides in terms of x, so that l = 10x, w = 4x, and h = x, since the ratio of the length to the breadth to the height is 10:4:1.

Now, we change the variables in the equation for the total surface area to match these values:

The formula is 2(lw + lh + wh) = 2(10x * 4x + 10x * x + 4x * x) = 972.

The equation will become more precise and give us:

80x^2 = 972

x^2 = 12.15

x = 3.5

Now that we have one side's value (height), we can use the following formula to get the solid's volume:

V = lwh

V = (10x)(4x)(x)

V = 40x^3

V = 40 * (3.5)^3

V = 40 * 42.875

V = 1715 cubic units

As a result, the rectangular solid has a volume of 1715 cubic units.

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Express tan Y as a fraction in simplest terms.

Answers

Tan θ = Opposite side/Adjacent side

Jack pin a fair ix-ided pinner 240 time. What i the probability that he will core more than 45 ixe?

Give your anwer to 2 d.p.

Answers

The probability of scoring more than 45 ixe is 0.91. P(X<=45) = (240C0 * (1/2)^0 * (1/2)^240) + (240C1 * (1/2)^1 * (1/2)^239) + (240C2 * (1/2)^2 * (1/2)^238) + ... + (240C45 * (1/2)^45 * (1/2)^195)

P(X<=45) = 0.0909

The probability of scoring more than 45 ixe can be calculated by using the Binomial Probability formula.

The formula is:  P(X>45) = 1 - P(X<=45)

Where P(X<=45) is the probability of scoring 45 or less ixe.

P(X<=45) = (240C0 * (1/2)^0 * (1/2)^240) + (240C1 * (1/2)^1 * (1/2)^239) + (240C2 * (1/2)^2 * (1/2)^238) + ... + (240C45 * (1/2)^45 * (1/2)^195)

P(X<=45) = 0.0909

Therefore, P(X>45) = 1 - 0.0909 = 0.9091

The probability of scoring more than 45 ixe is 0.91 (to 2 d.p.).

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PLSSS HELP IF YOU TURLY KNOW THISSSS

Answers

Answer:

x = 16

Step-by-step explanation:

x - 5 = 11x = 11 + 5x = 16

-Hope this helps!

Answer: x = 16

Step-by-step explanation:

To solve for x, add 5 and 11.

5 + 11 = 16

16 - 5 = 11

x = 16

The ratio of the angle measures in a triangle is 1:2:3. What is the measure of the largest angle?

Answers

Answer:

Step-by-step explanation:

Let the 3 angles be x , 2x , and 3x

notice x:2x:3x = 1:2:3

we know x+2x+3x = 180

6x = 180

x = 30

so the largest angle is 3(30) or 90 degrees

Olivia flips a coin and rolls a number cube with sides labeled 1, 2, 3, 4, 5, and 6. After 90 trials of the experiment, the relative frequency of flipping heads and rolling a number less than 3 is 2/15 . What is the difference between the number of expected outcomes and the number of actual outcomes?

Answers

Answer:

3

Step-by-step explanation:

Experimental probability is based on the actual outcomes of an experiment (gathered by experimenting repeatedly).  

Theoretical probability is based on the possible outcomes (expected outcomes).

Probability formula

[tex]\boxed{\sf Probability\:of\:an\:event\:occurring = \dfrac{Number\:of\:ways\:it\:can\:occur}{Total\:number\:of\:possible\:outcomes}}[/tex]

Theoretical probability of flipping a head

A coin has two sides: one side is a "head", the other side is a "tail".

The number of ways flipping a head can occur is 1.

The total number of possible outcomes is 2.

Therefore, the theoretical probability of flipping a head is 1/2.

Theoretical probability of rolling a number less than 3

The cube has six sides labelled 1, 2, 3, 4, 5 and 6.

The number of ways that rolling less than 3 can occur is 2 (rolling 1 or 2).

The total number of possible outcomes is 6.

Therefore, the theoretical probability of rolling a number less than 3 is 2/6 = 1/3.

Therefore, the theoretical probability of flipping a head and rolling a number less than 3 is:

[tex]\sf P(head)\; and\; P(X < 3)=\dfrac{1}{2} \times \dfrac{1}{3}=\dfrac{1}{6}[/tex]

To calculate the number of actual outcomes and expected outcomes after 90 trials, multiply the number of trials by the probability for each outcome:

[tex]\textsf{Number of actual outcomes}=90 \times \dfrac{2}{15}=12[/tex]

[tex]\textsf{Number of expected outcomes}=90 \times \dfrac{1}{6}=15[/tex]

Therefore, the difference between the number of expected outcomes and the number of actual outcomes is:

[tex]\implies 15-12=3[/tex]

Note: If Olivia continued to flip the coin and roll the number cube, as the number of trials increased, we would expect the experimental probability of 2/15 to get nearer to the theoretical probability of 1/6 and so the difference between the number of actual and expected outcomes would become smaller.

. Describe the association between the two sets of
data in the scatter plot.

Answers

The association between the two sets of data in the scatterplot is; Positive.

What is the association of the scatterplot?

A scatter plot is a graph that shows the association that exists between two variables. A scatter plot matrix shows all the pairwise scatter plots for a lot of  variables.

Now, If the variables tend to increase and decrease together, the association is said to be positive. However, If one variable tends to increase as the other decreases, then the association is said to be negative. Finally, If there is no pattern, then the association is said to be zero.

When a straight line is used to describe the relationship between the variables, then the association is said to be linear. When a constantly increasing or decreasing nonlinear function describes the relationship, the association is monotonic.

The scatterplot given shows us that the association is positive as increasing x values lead to increasing y values.

Read more about scatterplots at; https://brainly.com/question/6592115

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