Barry's savings account has a balance of $2874. After 9 years, what will the amount of interest be at 5% compounded annually? a. $1589.52 c. $1575.52 b. $1584.52 d. $1437.00 Please select the best answer from the choices provide

Answers

Answer 1

Answer:

b. $1584.52

Step-by-step explanation:

To find the answer, first you have to find the amount that you will have after 9 years using the formula to calculate the future value:

F=P*(1+i)^n, where

F= future value

P= present value= $2874

i= interest rate= 5%

n= number of periods of time= 9

Now, you can replace the values in the formula:

F=2874*(1.05)^9

F= 4458.52

Then, as you know the value that you will have after 9 years, you can subtract the initial balance from this, to find the amount of interest:

$4,458.52-$2,874= $1,584.52

According to this, the answer is that the amount of interest at 5% compounded annually would be $1,584.52.


Related Questions

Explain why angle is considered a defined term in geometry.

Answers

Answer:

Step-by-step explanation:

In Euclidean geometry there are three undefined terms: Points, line and plane. An angle is a defined term, since it is formed by two lines that intersects each other and are coplanar.

M is the midpoint of AB. If AM = 5x+10 & MB = 4x+16, find the value of AM

Answers

Answer:

[tex]AM =40[/tex]

Step-by-step explanation:

Given

[tex]AM = 5x + 10[/tex]

[tex]MB = 4x + 16[/tex]

Required

Determine AM

Since M is the midpoint, we have that;

[tex]AM = MB[/tex]

Substitute values for AM and MB

[tex]5x + 10 = 4x + 16[/tex]

Collect Like Terms

[tex]5x - 4x = 16 - 10[/tex]

[tex]x = 6[/tex]

To solve for AM; substitute 6 for x in [tex]AM = 5x + 10[/tex]

[tex]AM = 5 * 6 + 10[/tex]

[tex]AM =30 + 10[/tex]

[tex]AM =40[/tex]

If f(x) = 5x + 40, what is f(x) when x = -5? 0 g -8 O 7 O 15 ​

Answers

answer is 15

[tex]f(x)=5x+40\\f(-5)=5(-5)+40\\f(-5)=-25+40\\f(-5)=15[/tex]

If f(x) = 5x + 40, then the value of f(x) when x = -5 is: 15.

option D is correct.

Here, we have,

given that,

f(x) = 5x + 40

now, we have to find the value of f(x) when x = -5.

To find the value of f(x) when x = -5,

we substitute -5 into the function f(x) = 5x + 40:

we get,

f(-5) = 5(-5) + 40

= -25 + 40

= 15

Therefore, f(x) when x = -5 is 15.

Hence, If f(x) = 5x + 40, then the value of f(x) when x = -5 is: 15.

option D is correct.

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The relationship between two variables is inverse when a decrease in one variable is associated with an increase in the other variable. A. False B. True

Answers

Answer: True

If one variable goes down, then the other goes up, and vice versa. Think of it like a see-saw. We'll have x on one side pushing down to make y go up. An example of this would be y = 1/x which graphs out a hyperbola.

The statement "two variables is inverse when a decrease in one variable is associated with an increase in the other variable." is True statement.

What is Inverse Proportion?

One kind of proportionality relationship is inverse proportion. If two quantities are inversely related, one will increase while the other will decrease. Building a wall would be an example of an inverse proportion in action.

Given:

We know in direct relation if one quantity increase then another quantity increase.

and, in Inverse Relation if one quantity increase then other Quantity decrease.

So, two variables is inverse when a decrease in one variable is associated with an increase in the other variable is true statement.

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There are 2 students in James' class. How many students remain if 3 go outside?

Answers

0 students: James and the other two in his class are the only student in the class, so if three leave that’s the whole class leaving.

Answer:

-1

Step-by-step explanation:

I want the answer for this doubt Click on the link

Answers

Answer:

[tex] {x}^{2} = 16 \\ x = 4 \\ y = 1[/tex]

Solve for m: am/c = n

Answers

Hey there! I'm happy to help!

We want to get m all by itself on one side of the equation. To do this, we use inverse operations on both sides of the equation to cancel out variables on one side to isolate m.

am/c=n

We multiply both sides by c.

am=nc

We divide both sides by a.

m=(nc)/a

I hope that this helps! Have a wonderful day! :D

simply by distributing and combining like terms
-7(w-4)+3w-27

Answers

Answer:

answer is in the box. I hope this helps! :)

A graph where the horizontal axis shows time (t), numbered 1 to 4, and the vertical axis shows height (h) numbered 10 to 60. Solid circles appear at point (0, 48), point (1, 64), point (3, 0). A solid curved line connects all 3 points.
Leon throws a ball off a cliff. The graph represents a relation that models the ball’s height, h, in feet over time, t, in seconds.

What is the domain?

Answers

Answer:

the answer is A

Step-by-step explanation:

just did it

Answer:

a

Step-by-step explanation:

Have to FOIL: (3x + y) (2x - y)

Answers

Hi there! :)

Answer:

6x² -xy - y²

---- --- --- --- --- --- --- --- --- --- --- ---

(3x + y) ( 2x - y)

FOIL: (First, Outer, Inner, Last)

3x(2x) + 3x(-y) + y(2x) + y(-y)

Simplify:

6x² -3xy + 2xy - y²

6x² -xy - y²

y/2 - 1/5 = 2 - y/3

please tell me this asap ​

Answers

Answer:

y=2 16/25

in other words, two and sixteen twenty-fifths

Step-by-step explanation:

y/2-1/5=2-y/3

Move the variables to one side and constants to the other

y/2+y/3=2+1/5

Multiply y/2 by 3/3 and y/3 by 2/2 so that they have a common denominator

3y/6+2y/6=2 1/5

5y/6=11/5

Cross multiply

66=25y

y=66/25

y=2 16/25

HOPE THIS HELPS!!!

What is the equation of the polynomial function?

Answers

Answer:

f(x) = (1/2)(x-2)^2(x+1)(x+2)

Step-by-step explanation:

You can determine this by looking at the zeroes of the graph. For any zero that goes through the x-axis, the power of that zero is odd. For any zero that that "bounces" from the x-axis, the power of that zero is even.

Starting from left to right, we can see that the first zero, -2, goes through the x-axis. That means (x+2) is raised to an odd power. The second zero, -1, also goes through, so (x+1) is raised to an odd power. The last zero, 2, bounces off the x-axis, so (x-2) is raised to an even power. The only functions that satisfy this criteria are function 1 and 2.

However, we are not done yet. We need to figure out which multiplier value (1/2, 1/4) is correct. To do this, we plug in 0 for x, since we know that the y-intercept is 4. When we plug in 0, we see that f(0) = 4 for the first function. Therefore, the first function is the answer.

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2x - 4y=28+6y=10
Write equation in slope-intercept form

Answers

Answer:

Step-by-step explanation:

Y=1/2x - 5/2

ALG II NEED HELP QUICK WILL MARK BRAINLIST

Answers

Answer:

type the question that is the answer

Step-by-step explanation:

b/11-6b/11=10/11 solve for b asap

Answers

I hope this helps you

b-6b/11=10/11

-5b=10 (divide -5 both of sides)

b=-2

Which equation describes a line that passes through (-6,8) and is perpendicular to the line described by y=2x-4

Answers

Step-by-step explanation:

Hey, there!!

The given is a point (-6,8) through which a line passes. And is perpendicular to the line y = 2x-4

The equation for point (-6,8) is,

(y-8)= m1(x+6)...........(i)

and given equation is y = 2x-4............(ii)

Now, from equation (ii).

slope (m2)= 2 { as equation (ii) is in the form of y= mx+c where m is a slope}.

Now, For perpendicular,

m1×m2= -1

m1×2= -1

[tex]m1 = \frac{ - 1}{2} [/tex]

Therefore, m1 = -1/2.

Putting, the value of m1 in equation (i).

(y-8) = -1/2×(x+6)

2(y-8)= -1(x+6)

2y - 16 = -x -6

x+2y-10 = 0......... is the required equation.

Hope it helps...

16= -16h i have no clue what the answer is so ya :/

Answers

Answer:

Hey there!

-16h=16

Divide both sides by -16

h=-1

Hope this helps :)

Answer:

h = -1

Step-by-step explanation:

inverse operation:

16 = -16h

divide by -16 on both side

-1 = h

i. dont know what to do jesys chrusr

Answers

(1,2 ) (-1,-4) (2,5)

The electrical resistance of a​ wire, R, varies directly as its​ length, L, and inversely as its cross sectional​ area, A. If the resistance of a wire is 0.08 ohm when the length is 100 ft and its​ cross-sectional area is 0.05 in^2 ​, what is the resistance of a wire whose length is 4000 ft with a​ cross-sectional area of 0.02in^2 ​? ​a) Write the variation equation. (R=k(l/a) ​b) Determine the value of the quantity indicated. WILL MARK BRAINLIEST - 50PTS! NEED FAST - with work please so I understand how to do it, thank you:)

Answers

Step-by-step explanation:

(A)

Length of wire = 30.48 m

Area of cross section = 3.22 * 10 ^ -5 m^2

[tex]R = k \frac{l}{a} [/tex]

[tex]k = \frac{R \times a}{l} = \frac{0.08 \times 3.22 \times {10}^{ - 5} }{30.48} = 8.45 \times {10}^{ - 8} ohm \: m^{ - 1} [/tex]

(B) length of wire = 1219.2 m

Area of cross section = 1.29 * 10^-5 m^2

Resistance = 8.45 * 10^-8 * 1219.2 / 1.29 * 10^-5 = 7.98 Ohms

The population of a small town can be described by the equation PN equals 4000+70n. Where n is the number of years after 2005. Explain in words what this equation tells us about how the population is changing.

Answers

Answer:

The current population (in 2005) is 4000 because it is the constant. The slope tells us how many people are added to the population, so 70 per year. For ex. 2008 (2008- 2005 = 3=> 3 x 70 = 210 => 210 + 4000 = 4210).

Solve for x.
0.3 (12x – 16) = 0.4(12 — 3x)
A: 2
B: -4
C: 4
D: -2

Answers

Answer:

Step-by-step explanation:

the answer is 2 if you go to the website www.tiger-algerbra.com>drill>0.3(12x-16)=0.4(12-3x)

The difference between a number and 20 is 45...

Answers

Answer:

Step-by-step explanation:

25

A random sample of individuals living in a country reveals that most of its population is between the ages 0 and 29. What would this country's age pyramid look like?

Answers

Step-by-step explanation:

The Population pyramids or the age pyramid visualizes the demographic structure of any population. It is the graphical illustration which shows the distribution of the various age groups in the population.

The width of the pyramid represents the size of a population for a given age. Men are shown to the left and the women on the right.

The population pyramid between the age group will look like a pyramid with a very large width at the bottom and narrowing top.

NEED HELP WITH NUMBER 4!!!?

Answers

on the number line the numbers to the left have least value

What is the first step in solving the equation 4.2 y minus 5.2 = 18.5?

Answers

The first step is to add 5.2 to both sides.

Answer:

add 5.2

Step-by-step explanation:

Express y in terms of x, given 2x+3y =4. Check whether the point (2,1) lies on the given line.

Answers

Answer:

see explanation

Step-by-step explanation:

Given

2x + 3y = 4 ( subtract 2x from both sides )

3y = - 2x + 4 ( divide all terms by 3 )

y = - [tex]\frac{2}{3}[/tex] x + [tex]\frac{4}{3}[/tex]

To determine if the point (2, 1) lies on the line, substitute x = 2 into the right side of the equation and if the value obtained equals the y- coordinate of the point then it lies on the line.

y = - [tex]\frac{4}{3}[/tex] + [tex]\frac{4}{3}[/tex] = 0 ≠ 1

Ths (2, 1) does not lie on the line

A container holds 2/3 gallon of apple juice if four people from the cross country track trans share the juice equally how much juice will each team member get

Answers

Answer:

you divided and the answer is 1/6

Step-by-step explanation:

Answer:

1.) You would  divide  to solve this problem.

2.) Each runner will get  1/6  gallon of apple juice.

Step-by-step explanation:

I'm SO sorry for the late answer, but I do hope this helps! Have a good day and stay safe! :D

(I'm not sure on how to explain this answer, sorry!)

In an isosceles triangle, the longest side measures c units. The other sides of the triangle measure a units. Which equation can be used to determine if the triangle is a right triangle?
a squared = c squared
2 a squared = c squared
a Superscript 4 Baseline = c squared
2 a = c

Answers

Answer:

2a² = c²

Step-by-step explanation:

Right triangles follow the Pythagorean Theorem, a² + b² = c². The hypotenuse (c) must be the longest of the sides. In the given triangle, both legs measure a units. So, a = b. Therefore, we have a² + a² = c² or 2a² = c².

The equation can be used to determine if the triangle is a right triangle is c² = 2a².

What is Pythagorean Theorem?

The relationship between the three sides of a right-angled triangle is explained by the Pythagoras theorem, commonly known as the Pythagorean theorem. The Pythagorean theorem states that the square of a triangle's hypotenuse is equal to the sum of its other two sides' squares.

The well-known Pythagorean Theorem states that the square on the hypotenuse of a right triangle equals the sum of the squares on its legs.

The longest side measures c units.

The other sides of the triangle measure a units.

As, we know that longest side is the Hypotenuse.

Using the Pythagorean Theorem

H² = P² + B²

c² = a² + a²

c² = 2a²

So, the Correct statement is c² = 2a².

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At a place 11 Friends met together and they shook their hands. how many hand-shakings did they do?​

Answers

Answer:

121

Step-by-step explanation:

Because every one of them shook with each other and one person shook 11 times so 11 into 11 is 121.

Answer:

55 handshakes.

Step-by-step explanation:

  n(n-1)

   ----------

         2

= 11(11-1) / 2

= 11* 10 / 2

= 110 / 2

= 55

A company ships coffee mugs using boxes in the shape of cubes. The function g(x) = the cube root of x gives the side length, in inches, for a cube with a volume of x cubic inches. Suppose the company decides to double the volume of the box. Which graph represents the new function?

Answers

Step-by-step explanation:

Initially, let the side of the cubical box is [tex]a[/tex] inches,

So, the volume of the box, [tex]x = a \times a \times a= a ^3[/tex].

Given that [tex]g(x)=\sqrt[3]{x} =\sqrt[3]{a^3}[/tex]

[tex]\Rightarrow g(x)=a \; \cdots (i)[/tex]

On doubling the volume of the box, the new volume is [tex]2x[/tex].

So, [tex]g(x)=\sqrt[3]{2x} =\sqrt[3]{2a^3}[/tex]

[tex]\Rightarrow g(x)=\sqrt[3]{2} a \; \cdots (i)[/tex]

As [tex]\sqrt[3]{2} >1[/tex], so the graph of  [tex]g(x)=\sqrt[3]{2} a[/tex] will be above of the [tex]g(x)=a[/tex] as shown in the graph.

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