a customer purchases windows for $15,000 using a credit card. If the interest is compounded monthly at a rate of 16% per year, how much interest will be charged at the end of three years?​

Answers

Answer 1

Answer:

≈ $9164.35

Step-by-step explanation:

The future amount A is calculated as

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

P is the Principle

r is interest rate

n is number of times per year compounding happens

t is the number of years

Here P = 15000 , r = 16% = 0.16, n = 12 , t = 3

A = 15000 [tex](1+\frac{0.16}{12}) ^{(12(3))}[/tex]

   = 15000 ([tex](1.01333)^{36}[/tex]

   ≈ 24164.35

Interest paid = $24164.35 - $15000 = $9164.35

Answer 2

Answer:

The future amount A is calculated as

A = P (1+\frac{r}{n}) ^{nt}(1+nr)nt

P is the Principle

r is interest rate

n is number of times per year compounding happens

t is the number of years


Related Questions

Simplify fully
4x2 + 4x
2x² – 2

Answers

Answer:

4 × 2 = 8 + 4 = 12 × 2 = 24 - 2 = 22

22 is the FINAL answer

#carryonlearning

A random sample of 30 males with online dating profiles are recruited for a study about lying in online dating profiles. Each male's actual height is measured and compared to the height posted in their online profile. The difference between the online profile height and the actual height (profile- actual) for each male is computed. The mean difference in height is determined to be 0.57 inches with a standard deviation of 0.81 inches. Determine a 95% confidence interval for the difference in mean profile height and mean actual height of online daters.

Answers

Answer:

The 95% confidence interval for the difference in mean profile height and mean actual height of online daters is between 0.27 and 0.87 inches.

Step-by-step explanation:

We have the standard deviation for the sample, which means that the t-distribution is used to solve this question.

The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So

df = 30 - 1 = 29

95% confidence interval

Now, we have to find a value of T, which is found looking at the t table, with 29 degrees of freedom(y-axis) and a confidence level of [tex]1 - \frac{1 - 0.95}{2} = 0.975[/tex]. So we have T = 2.0452

The margin of error is:

[tex]M = T\frac{s}{\sqrt{n}} = 2.0452\frac{0.81}{\sqrt{30}} = 0.3[/tex]

In which s is the standard deviation of the sample and n is the size of the sample.

The lower end of the interval is the sample mean subtracted by M. So it is 0.57 - 0.3 = 0.27 inches.

The upper end of the interval is the sample mean added to M. So it is 0.57 + 0.3 = 0.87 inches.

The 95% confidence interval for the difference in mean profile height and mean actual height of online daters is between 0.27 and 0.87 inches.

3x2 - 4x + 2
a) cubic binomial
b) quartic trinomial
c) quadratic trinomial
d) quadratic binomial

Answers

Answer:

c

Step-by-step explanation:

A quadratic trinomial has the form of ax² + bx + c

e.g. 3x² + 4x + 2

A quadratic binomial has the form of ax² + bx

e.g. 3x² + 4x

A cubic binomial has the form : ax³ + bx

3x³ + 4x

if $1000 is divided among the three people In the ratio 2:3:5,find the share of each​

Answers

Answer:

$200, $300, $500

Step-by-step explanation:

Given data

Total Amount= $1000

Ratio=  2:3:5

The combined ratio is = 10

Let us apply the part to all method to find the individual amount

The first person will take

10/1000= 2/x

1/100=2/x

cross multiply

x= 200

The second person will take

10/1000= 3/x

1/100=3/x

cross multiply

x= 300

The third person will take

10/1000= 5/x

1/100=5/x

cross multiply

x= 500

A study9 compared personality characteristics between adult children of alcoholics and a control group matched on age and gender. For the 29 pairs of women, the authors reported a mean of 24.8 on the well-being measure for the children of alcoholics, and a mean of 29.0 for the control group. They reported t = 2.67 for the test comparing the means. Assuming that this is the result of a dependent-samples analysis, identify the df for the t test statistic, report the P-value, and interpret.

Answers

Answer:

df.= 28

P - value = 0.0124 < 0.05

There is a difference between the mean of  the well-being measure for the children of alcoholics, and a mean of the control group.

Step-by-step explanation:

As the given test is dependent or paired test the degrees of freedom is n-1 = 20-1 = 28

The reported t = 2.67

The P value for ∝= 0.05 at  calculated t= 2.67 and 28 d.f is 0.0124 which is less than 0.05 .

The null hypothesis is rejected.

The null hypothesis is that there is no difference between the means of the two samples.

H0: u1 = u2

The alternate hypotheis is accepted that there is  difference between the means of the two samples.

Ha: u1≠ u2

There is a difference between the mean of  the well-being measure for the children of alcoholics, and a mean of the control group.

Marina will attend choir practice for 2-
hours on Saturday, 24 hours on Sunday,
and 3 hours on Monday. Next week,
Marina will attend choir practice for the
same number of hours on Saturday,
Sunday, and Monday.
What is the total number of hours
Marina will have choir practice over
these 6 days?

Answers

Answer:

58

Step-by-step explanation:

1).2+24+3 = 29

2) 29 x 2 = 58

Find the value of x for the right triangle.
45°
х
10

Answers

Answer:

14.14

Step-by-step explanation:

sin(45)=10/x. <--fraction

then solve for x you should get this

x=10/sin(45)

and that should equal

14.14213562

Phil ate 2/3 of a Pizza. Erica eight 4/9 of the same sized pizza. Who ate more pizza? Explain

Answers

Phil did. 2/3 is greater than 4/9

Answer:

Phil ate more

Step-by-step explanation:

The LCD of both fractions is 9. Thus,

Phil ate 6/9 of a pizza while

Erica only ate 4/9 of the same sized pizza

PLEASE HELP !! ILL GIVE BRAINLIEST !! Ohh

Answers

Answer: Angle VUW and QRP are alternate exterior angles.

They are both exterior and are on alternate sides of the transversal.

Hope this helps!

someone actually help me please :/ I REALLY NEED HELP AND NO ONES HELPING

Answers

Answer:

a) 8 m  

Step-by-step explanation:

a) all sides of a square are equal - there's 4 sides.

4x = 32m

x = 32/4

x = 8 m

i like ur toga pfp besty :)

How much interest would $1,000 earn in one year at a rate of 6%, compounded annually? What would be the new balance?

Please, help me!

Answers

Answer:

The investment will generate $ 60 in interest, with which the new balance will be $ 1060.

Step-by-step explanation:

To determine how much interest would $ 1,000 earn in one year at a rate of 6%, compounded annually, and what would be the new balance, the following calculations must be performed:

1000 x (1 + 0.06 / 1) ^ 1x1 = X

1000 x 1.06 ^ 1 = X

1000 x 1.06 = X

1060 = X

Therefore, the investment will generate $ 60 in interest, with which the new balance will be $ 1060.

Question 5 (2 points)
Given the function rule y = 3x + 11, what is the value of y if x = 27

Answers

Answer: Y=83

Step-by-step explanation:

Answer:

y = 92

Step-by-step explanation:

plug in x = 27 into the equation y = 3x + 11,

y = 3(27) + 11

=> y = 81 + 11

=> y = 92

WILL GIVE BRAINLIST
What is the equation of the line that passes through the point (1, 3) and is perpendicular to the line 2x+3y=15?

Answers

Answer:

y = 3/2x + 3/2

Step-by-step explanation:

perpendicular to: y = -2/3x + 5

so slope of new line must be 3/2

y = mx + b

3 = 1(3/2) + b

6/2 = 3/2 + b

b = 3/2

Nicholas has a salt shaker in the shape of a cylinder. It has a radius of 8 mm and a height of 30 mm. What is the lateral surface area of the shaker?

Answers

Answer:

1507.96

Step-by-step explanation:

Write an expression for " x divided by nine".

Please help!!

10 POINTS

Answers

Answer:

x/9

Step-by-step explanation:

x divided by 9

=> x ÷ 9

Take that and turn it into a fraction

=> x/9

hope this helps and is right. p.s. i really need brainliest :)

Answer:

45

Step-by-step explanation:

find the diagonal that goes through the 3D shape.

Answers

Answer:

Diagonal = 13 yd

Step-by-step explanation:

The diagonal of the 3D shape can be solved using the extension of the pythagorean theorem, which is given as: d² = a² + b² + c²

Where,

a = 12 yd

b = 3 yd

c = 4 yd

d = diagonal

Plug in the values

d² = 12² + 3² + 4²

d² = 169

d = √169

d = 13 yd

What is 2/3x2/5pls I need an answer fast sorry I suck at math

Answers

Answer:

4 /1 5 also 0.26666666666

Please mark as brainliest

Have a great day, be safe and healthy  

Thank u  

XD


Please help :)
And explain how


Find the value of 5x + 3y when x = 6 and y = 7

Answers

Answer:

Answer is 51

Step-by-step explanation:

5(6) + 3(7)

30 + 21

51

Answer:

first you woub sub 6 into x and 7 into y then you would multiple 5 and 6 to get 30 and then multiple 3 and 7 to get 21. lastly add 30 and 21 to give a total of 51

Step-by-step explanation:

5x+3y

5(6)+3(7)

30+21

51

hope this helps

Find the slope of the line represented
by the data below.

Answers

Answer:

slope = 3/4

Step-by-step explanation:

(=^w^=)

can do 7-4/-5--9

3/4 woof

The slope of the line represented by the given data points is 3/4.

To find the slope of the line represented by the given data points, we can use the formula for slope:

slope = (change in y) / (change in x)

Let's calculate the changes in y and x using the given data points:

Change in y:

From y = 4 to y = 16, there is an increase of 16 - 4 = 12.

Change in x:

From x = -9 to x = 7, there is an increase of 7 - (-9) = 16.

Now, we can calculate the slope using the formula:

slope = (change in y) / (change in x)

= 12 / 16

= 3 / 4

Therefore, the slope of the line represented by the given data points is 3/4.

To know more about slope click here :

https://brainly.com/question/14511992

#SPJ2

12 = 0.005 X W
Solve the equation

Answers

Please mark me brainliest!!!

The answer is W= 2400 bc you have to divide both sides.

Hope this helps!

Answer: look at the picture

Step-by-step explanation: Hope this help :D

Which expression has a value of 252?

Answers

Step-by-step explanation:

6^3+6^2=216+36=252

25^2=625

hope that helps :)

Answer:

6^3 + 6^2

Step-by-step explanation:

6^3+6^2=216+36=252

25^2=625

625≠252

Hope this helps =]

luego le digo 4yo1 xkw k ​

Answers

Answer:

okay luego le digo 4yo1 xkw k ​

Step-by-step explanation:

Mr. Nelson sold a car for $1,380 that cost
him $1,500. What was his percent of loss
based on the cost?​

Answers

Answer:

The loss is $120 and the loss percentage is 8%.

Step-by-step explanation:

Given that,

SP of a car = $1,380

CP of a car = $1,500

As CP > SP, it means there is a loss in selling of that car.

Loss = CP - SP

= $1,500 - $1,380

= $120

Loss percentage,

[tex]\%=\dfrac{loss}{CP}\times 100\\\\=\dfrac{120}{1500}\times 100\\\\=8\%[/tex]

Hence, the loss is $120 and the loss percentage is 8%.

Use the following image to multiply.
5/8 of 4 =

Answers

Answer:

2.5

Step-by-step explanation:

Answer:

[tex]2\frac{1}{2}[/tex] or 2.5

Step-by-step explanation:

[tex]\frac{5}{8}*4\\ \\ =\frac{5}{8}*\frac{4}{1} \\ \\ =\frac{5*4}{8*1} \\ \\ =\frac{20}{8} \\ \\ =\frac{5}{2} \\ \\ =2\frac{1}{2} or 2.5[/tex]

someone please help me answer this!!

Answers

Answer:

c = 8.4m is the answer.

Step-by-step explanation:

a = 6m

b = 6m

c = ?

According to the Pythagorean theorem,

a² + b² = c²

6² + 6² = c²

36 + 36 = c²

c² = 72

c = 8.4m

∴ The mouse runs 8.4 m from the opposite corners of the room.

Answer:

8.5 m

Step-by-step explanation:

If you draw the segment from one corner to the opposite corner, you'll have the hypotenuse of a triangle with two legs of 6 m. We can find the length of the hypotenuse using the Pythagorean Theorem.

a^2 + b^2 = c^2

6^2 + 6^2 = c^2

36 + 36 = c^2

c^2 = 72

c = sqrt(72)

c = 6sqrt(2) = 8.5

Answer: 8.5 m

PLEASE HELP QUICK PLS PLS PLSSSSS

Answers

i think the answer is 265

girlcome 5324611502
p:here​

Answers

Answer:

what

Step-by-step explanation:

Answer:

im confused

Step-by-step explanation:

how do you find the percent of discount if the original price is $578 and the sale price is $78.76

Answers

Answer: 86%discount approx

Step-by-step explanation:

You need to think about how the original price (578) is 100% of the price and that the sale price (78) is just a percentage of that. To discover how much of that 100% the price 78 is, you can write the formula:

578:100=78:x

X=(78*100)/578

X=14 %

Once you know that 78 represents the 14% of the whole price (100%-578) you just have to subtract that amount from the whole to understand which percent of discount has been applied: 100-14 = 86%

PLEASE HURRYYYYYYYYY​

Answers

Answer:

12r ft

Step-by-step explanation:

you're welcome have a nice day

q is a degree 5 polynomial that passes through the origin, has zeros i and 3 - i, and q( - 2) = - 520. Find
the equation for g.
User for your input. Simplify your answer so that it has only real numbers as coefficients.

Answers

Keirekwkwmsndnsnwowooskssk
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