$870 is invested in an account earning 2.9% interest (APR),
compounded continuously. Write a function showing the
value of the account after t years, where the annual growth
rate can be found from a constant in the function. Round all
coefficients in the function to four decimal places. Also,
determine the percentage of growth per year (APY), to the
nearest hundredth of a percent.

Answers

Answer 1

Answer:

Step-by-step explanation:

[tex]\text{Continuous compounding is}\\ \\ A=Pe^{rt}\\ \\ V=870e^{0.029t}\\ \\ \text{The yearly growth rate is}\\ \\ e^0.029\approx 1.0294\\ \\ \text{Which is a growth of }2.94\% [/tex]


Related Questions

cause yo hair nappy........

Answers

No your hair is nappy

Answer:

what do you mean?

Step-by-step explanation:

What is the area of one trapezoidal face of the figure

Answers

there is no area jdhdiebs

The Howard’s are saving up to go on a family vacation in 2 years. They invest 2300 into an account with an annual interest rate of 1.23%

Answers

Answer:

$2384.87

Step-by-step explanation:

Given data

P=2300

t= 2 years

r= 1.23%

Required

The amount in their account

Let us apply the simple interest formula

A=P(1+rt)

Substitute

A= 2300(1+0.0123*3)

A= 2300(1+0.0369)

A= 2300*1.0369

A=$2384.87

Hence the amount in the account is $2384.87

How to figure out diameter

Answers

Answer:

If you are given the area of a circle, the diameter is equal to the square root of four times the area divided by pi (diameter = √ (4 x area) / pi).

Answer:

A diameter of a circle is twice its radius!

Hope that helps!

Step-by-step explanation:

True or false: Removing the parenthesis from will change the result.

Answers

Answer:

true

Step-by-step explanation:

the steps won't be the same

Answer:

True

Step-by-step explanation:

In a equation with parenthesis it is VERY important to never take them out of the equation. The only reason for that is that the parentthesis are signaling you to solve what is in the parentthesis first. And if you where to move the parenthesis out your answer would be totally different. Hope this helped. (Brainliest?)

what is the quotient of x^2 + 7x +12 and x +4?

Answers

Answer:

The Answer/Quotient is x+3

y = 4x -5
Describe transformations from the parent function

Answers

Just times it but I’m not sure. I have no clue don’t Listen to me.

If m∠EBF = 6x + 4 and m∠CBF = 7x – 2, find m∠EBF.

Answers

Traders have invested $ 100,000 in the Peace Garden Center to boost the capital Mogadishu and make a profit. looga farm income to make people come to the door to take the free tickets for different values $ 0.8 adults and 0.6 children. As many as 150 tickets were sold on Friday for $ 102. produce more child tickets than adult tickets?

Than Nguyen opened a business called Nguyen engineering and recorded the following transactions in its first month of operations.

June 1: Than Nguyen, the owner, invested $158,000 cash, office equipment with a value of $19,500, and $89,000 of drafting equipment to launch the company in exchange for common stock.

June 2: the company purchased land worth $63,500 for an office by paying $26,000 cash and signing a long-term note payable for $36,900.

June 2: The company purchased a portable building with $40,500 cash and moved it onto the land acquired on June 2.

June 2: The company paid $11,700 cash for the premium on a 15-month insurance policy.

June 7: The company completed and delivered a set of plans for a client and collected $17,800 cash.

June 12: The company purchased $37,400 of additional drafting equipment by paying $24,000 cash and signing a long-term note payable for $13,400.

June 14: The company completed $37,200 of engineering services for a client. This amount is to be received in 30 days.

June 15: The company purchased $2,600 of additional office equipment on credit.

June 17: The company completed engineering services for $27,000 on credit.

June 18: The company revived a bill for rent of equipment that was used on a recently completed job. The $2,750 rent cost must be paid within 30 days.

June 20: The company collected $18,600 cash in partial payment from the client billed on June 14.

June 21: The company paid $2,000 cash for wages to a drafting assistant.

June 23: The company paid $2,600 cash to settle the account payable created on June 15.

June 24: The company paid $1,650 for minor maintenance of its drafting equipment.

June 26: The company paid $10,060 cash in dividends.

June 28: The company paid $2,000 cash for wages to a drafting assistant.

June 30: The company paid $3,660 cash for advertisements on the web during June.

Description of items that require adjusting entries on June 30, follow:

A.) The company has completed, but not yet billed, $17,600 of engineering services for a client.

B.) straight-line depreciation on the office equipment, assuming a 5 year life and a $2,300 salvage value, is $330 per month.

C.) straight-line depreciation on the drafting equipment, assuming a 5 year life and a $12,400 salvage value, is $1,900 per month.

D.) straight-line depreciation on the building, assuming a 25 year life and a $1,500 salvage value, is $130 per month.

E.) the balance in prepaid insurance represents a 15 month policy that went into effect on June 1.

F.) Accrued interest on the long-term note payable is $190.

G.) the drafting assistant is paid $2,000 for a 5 day work week. 2 days’ wages have been incurred but are unpaid as of month end.

Please answer please thank you

Answers

Hard question thx for the points

Based on the transactions made by Than Nguyen, the following journal entries are true:

Date                Account Title                                   Debit                Credit

June 1             Cash                                              $158,000

                       Office equipment                         $   19,500

                       Drafting equipment                      $89,000

                       Nguyen, Captal account                                       $266,500

June 2             Land                                              $63,600

                       Cash                                                                      $   26,600

                       Note Payable                                                         $36,900

June 2             Building                                         $40,500

                       Cash                                                                      $40,500

June 2             Prepaid insurance                          $11,700

                       Cash                                                                      $11,700

June 7              Cash                                                 $17,800

                         Service Revenue                                              $17,800

What journal entries should be made?

The amount that Than Nguyen put up for capital should be credited to the capital account and then debited to the various asset accounts.

The purchased land should also be debited to land, and the cash that was spent to buy the land should be credited along with the note payable.

Find out more on making journal entries at https://brainly.com/question/17201601.

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find the center and radius of this circle (x+13)^2+(y+2)^2=81

Answers

Answer:

center (-13,2)   radius=9

Step-by-step explanation:

(x+13)^2+(y+2)^2=81

x=-13

y=-2

r=sq rt of 81

The center and radius of this circle [tex](x+13)^{2} +(y+2)^{2} = 81[/tex] is (h, k) = (-13, -2) and r = 9.

What is a circle and equation of the circle?

A circle is the set of points in a plane that lie a fixed distance, called the radius, from any point, called the center.

The equation of a circle in standard form,

[tex](x-h)^{2} +(y-k)^{2} = r^{2}[/tex]

Given equation of circle

[tex](x+13)^{2} +(y+2)^{2} = 81[/tex]..................(1)

By comparing the standard form of circle with equation 1, we get

(h, k) = (-13, -2) and

[tex]r^{2} = 81[/tex]

⇒ [tex]r = \sqrt{81}[/tex]

⇒ r = 9

Hence, the center and radius of this circle [tex](x+13)^{2} +(y+2)^{2} = 81[/tex] is (h, k) = (-13, -2) and r = 9.

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A car depreciates at a rate of 15% of its value annually. Carl purchased a new car for $25,000 and wants to know how many years it
will take until the car is worth a specific amount.
a) Formulate a logarithmic function that would find the number of years t it will take for the car to be worth x dollars.
Then
b) How many years will Carl have until he new car is worth about $5000?

Answers

Answer:

(a) (log X - log 25000)/log 0.85 = t

(b) about 9.9 years

Step-by-step explanation:

(a)   Let X = value and t = elapsed years since purchase; X in dollars

X = 25000 x 0.85 x 0.85 x 0.85 ... with a factor of 0.85 for every year

(If you lose 15% of value, you have 85% left, right?)

So if you do it for t years, you have t as the exponent on the 0.85 factor.

[tex]X = 25000(0.85)^t[/tex]  is a good equation, but not logarithmic like they ask.

[tex]log X = log 25000 + log [(0.85)^t][/tex]    because the log of a product is the sum of the logs of the factors

log X = log 25000 + t*log 0.85  because the log of a power is power times log

log X - log 25000 = t* log 0.85    just algebra, subtracting from both sides

(log X - log 25000)/log 0.85 = t   just algebra, dividing both sides

(b)  If we let X = $5000

t = (log 5000 - log 25000)/log 0.85

 = (3.69897 - 4.39794)/-0.07058

 =  9.90

So t = 9.9 years is a good estimate

Carl will have approximately 5.06 years until his new car is worth about $5000.

What is Equation?

Two or more expressions with an Equal sign is called as Equation.

Let V(t) be the value of the car t years after it was purchased.

We know that the car depreciates at a rate of 15% annually, so the value of the car after t years can be expressed as:

[tex]V(t) = 25000 \times (1 - 0.15)^t[/tex]

Simplifying this equation, we get:

[tex]V(t) = 25000 \times 0.85^t[/tex]

Now suppose Carl wants to know how many years it will take for the car to be worth x dollars.

We can set V(t) equal to x and solve for t:

[tex]25000 \times 0.85^t = x[/tex]

log0.85(25000) +[tex]log0.85(0.85^t)[/tex] = log0.85(x)

Since log0.85(25000) is a constant, we can subtract it from both sides of the equation:

[tex]log0.85(0.85^t)[/tex]= log0.85(x) - log0.85(25000)

Divide both sides of the equation by log0.85(0.85) = 1:

t = [log0.85(x) - log0.85(25000)] / log0.85(0.85)

Therefore, the logarithmic function that would find the number of years t it will take for the car to be worth x dollars is:

t = [log0.85(x) - log0.85(25000)] / log0.85(0.85)

b) We want to find the number of years it will take for the car to be worth $5000.

Substituting x = 5000 into the formula derived in part (a), we get:

t = [log0.85(5000) - log0.85(25000)] / log0.85(0.85)

t = 5.06

Therefore, Carl will have approximately 5.06 years until his new car is worth about $5000.

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a rectangular field is 0.45 kilometers long and 0.3 kilometers wide what is the area of the field in square meters?

Answers

Answer:135000

Step-by-step explanation:

Answer:

The field has an area of 135,000 m².

Step-by-step explanation:

We first convert the measurements from kilometers to meters by multiplying by 1000.

- - - - - - - - - - - - - Length: 0.45 km = (0.45 × 1000) m = 450 m.

- - - - - - - - - - - - - Width: - - 0.3 km = (0.3 × 1000) m = 300 m.

So the field is a rectangle 450 meters long and 300 meters wide.

To compute the are of this rectangle, we multiply its length by its width.

- - - - - - - - - - - - - - Area = 450 × 300 = 135,000 m².

so the answer is 135,000 m².

may I please have help

Answers

Answer:

47

Step-by-step explanation:

90-43=x

Question 5 of 12
The orthocenter of a triangle may lie outside the triangle since the
may not intersect any side of the triangle.
A. angle bisector
B. perpindicular bisector
C. altitude
D. median
SUBMIT

Answers

The perpendicular bisector

Problem:

Ford cut a whole pizza into 8 equal parts. He gave 2 slices to each
brothers and ate the rest. What part did each one get?

Question:

1.)To whom did Ford give the 2 slices of pizza?

2.)How did he divide the pizza?

3.) What do you call a part of it?









plzzz....
i follow you​

Answers

Answers:

1. his brothers :)

2. Into 8 equal parts

3. a fraction of the pizza, a slice

Answer:

1. his brothers

2. in 8 equal pieces

3. a slice

Step-by-step explanation:

if George put $6,000 into a savings account that pays 3.5 percent in compound how many years would it take for him to have 18,000 dollars if no money is added or withdrawn during this time?(Round to the nearest tenth)

Answers

Answer:

57.1 years

Step-by-step explanation:

multiply the money put into savings by the interest rate 6000×.035=210

divide the total earned by the annual interest earned

12000÷210=57.1428571428

rounded to the nearest tenth is 57.1

1. Mike’s rectangular dining room is 8 feet wide and 6 feet long. Mike wants to install a new wood floor and new base boards. It will cost $10.00 per square foot for the new flooring.

a. How many square feet of flooring does Mike need to purchase? SHOW YOUR WORK



b. Use the information from part a to answer, how much will it cost Mike for the new flooring? SHOW YOUR WORK



c. How much base board would Mike need to purchase to go around the perimeter of the dining room? SHOW YOUR WORK

Answers

Answer:

a:

to find area we need to multiply width by length

so lets multiply 8×6

so we will get 48 feet

b:

the area is 48 feet, and we know that it costs 10$ per

square foot

so we will multiply 48×10

so we will get 480$

c:

the premiter = all sides added to gather

in a rectangle we have 4 sides, 2 width and 2 length

so the answer will be (8×2)+(6×2)

so the answer will be 16+12=30

Assume you are buying a $15,000 car, with a 12 month loan at 5% interest, a net down payment of $2,500, and
a $40 (non-taxable) fee with 6% in sales tax.
What will be your monthly payment?
A. Between $1000 and $1049
B. Between $1050 and $1099
C. Between $1100 and $1149
D. Between $1150 and $1200

Answers

The answer would be C

3x-2y=10. 4x-y=6. solve each of the pair of simultaneous linear equation by substitution method ​

Answers

Answer:

x = 2/5, y= -22/5

Step-by-step explanation:

4x−y=6;3x−2y=10

Step: Solve4x−y=6for y:

4x−y+−4x=6+−4x(Add -4x to both sides)

−y=−4x+6

-y/-1 = -4x +6 over -1 (Divide both sides by -1)

y=4x−6

Step: Substitute4x−6for y in 3x−2y=10:

3x−2y=10

3x−2(4x−6)=10

−5x+12=10(Simplify both sides of the equation)

−5x+12+−12=10+−12(Add -12 to both sides)

−5x=−2

-5x/-5 = -2/5 (Divide both sides by -5)

x=  2 /5

Step: Substitute  2/ 5  for x in y=4x−6:

y=4x−6

y=4 ( 2/ 5 ) −6

y=  −22 /5

(Simplify both sides of the equation)

x = 2/5, y= -22/5

Please help and explain if you can cuz im confused

Answers

Answer:

B. 664 square inches

Step-by-step explanation:

14 * 10 =140

140 * 2 = 280

8 * 10 = 80

80 * 2 = 160

14 * 8 =112

112 * 2 = 224

280 + 160 + 224 = 664

Therefore, your answer would be B. 664 square inches.

help i will give brainliest

Answers

Answer:

the first one

Step-by-step explanation:

The figure shows the dimensions of a backyard
Find the area
8 yd
eccles
30 yd
15 yd
30 yd
The area of the backyard is
square yards.

Answers

answer:

570yd^2

step by step:

Split the backyard into 2 different rectangles and add the areas together. I did 8x30 and 15x22.
Answer: 570yd^2


Explaining: The area can be found by using the base and the height. Fist I will split the figure into two piece to make it easier to find. The first piece is solved by 30•15=450. The second figure can be solved by 8•15=120. Now add the total numbers together and you get 570yd^2

help me on my geometry homework? :/

Answers

Answer:

You could use a graphing calculator I just used Desmos. Origin is (0, 0). Rotate 90 degrees about the origin.

I used triangles

The rotated point would be at (1, 2)

ANSWER: the question mark = 1

A school is arranging a field trip to the zoo. The school spends 615.65 dollars on passes for 33 students and 2 teachers. The school also spends 290.07 dollars on lunch for just the students. How much money was spent on a pass and lunch for each student?

Answers

Answer:

the answer is $26.38

Step-by-step explanation:

I hope this helps!

Karen pumped 7 gallons of water out of her pool each minute for 28 minutes. What was the total change in the amount of water in the pool?

Answers

There was a total of 196 gallons pumped out at the end of 28 minutes if 7 gallons was pumped each minute.
(Is this what you were asking?)

1/4 of 24 is 6, so 3/4 or 24 =

Answers

Answer:8

Step-by-step explanation:

18

can i have Brainliest?

On Sunday 440 people visited a museum that charges $9 for each child and $12.50 for each adult. If the museum earned $5,220 on that day, how many adults visited the museum on Sunday? o A. 360 Exhibits O B. 20 w o C. 80 D. 420​

Answers

Answer:

A) 360 adults

Step-by-step explanation:

c=quantity of child

a=quantity of adult

9c+12.5a=5220

a+c=440    then c=440-a

substitute for c

9(440-a)+12.5a=5220

3960-9a+12.5a=5220

reduce

3.5a=1260

a=360

Find the value of x.

Answers

Answer:

D

Step-by-step explanation:

So first you know that the angles are across for each other meaning that they are equal.

Therefore the equation would be 7x-13 = 48

Simply do order of operations meaning you subtract 13 from 48 giving you 35.

Then do 35 divided by 7 which means X equals 5 which makes it D.  

Answer:

Umm I am pretty sure this answer is 3

Step-by-step explanation:

The quotient of a number and 2 is the same as the difference of the number doubled and 3. What is the number?
1. 02
2. 0-2
3. 4 1 / 2

Answers

Answer:

Step-by-step explanation:

x/2 = 2x-3

x = 4x-6

3x = 6

x = 2

PLEASE HELP ME ASAP!

Answers

Answer:

D. local maximum at the point (4, 18)

Step-by-step explanation:

Check the critical points and end points to test for any absolute extrema over the given interval.

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