Blake contributed $588 at the end of every 3 months into an RRSP
fund earning 4.57% compounded quarterly for 13 years. What is the
amount of interest earned over this period? Round to the nearest
cent

Answers

Answer 1

Over a period of 13 years, Blake contributed $588 at the end of every 3 months into an RRSP fund that earned 4.57% compounded quarterly. The amount of interest earned over the 13-year period is approximately $437.42

To calculate the interest earned, we can use the compound interest formula:

A = P(1 + r/n)^(nt)

Where:

A = the final amount (including principal and interest)

P = the principal amount (initial contribution)

r = annual interest rate (4.57% = 0.0457)

n = number of compounding periods per year (quarterly = 4)

t = number of years (13)

In this case, the principal amount (P) is $588, the annual interest rate (r) is 0.0457, the number of compounding periods per year (n) is 4, and the number of years (t) is 13.

Using the formula and substituting the given values, we can calculate the final amount:

A = [tex]588(1 + 0.0457/4)^(4*13)[/tex]

A ≈[tex]588(1.011425)^(52)[/tex]

A ≈ 588(1.744084)

A ≈ $1,025.42

To find the interest earned, we subtract the principal amount (P) from the final amount (A):

Interest = A - P

Interest = $1,025.42 - $588

Interest ≈ $437.42

Therefore, the amount of interest earned over the 13-year period is approximately $437.42.

Learn more about periods here:

https://brainly.com/question/31376271

#SPJ11


Related Questions

Find WV

A. 7
B. 23
C. 84
D. 145

Answers

Answer:

B. 23

Step-by-step explanation:

We Know

WV = YX

Let's solve

12x - 61 = 3x + 2

12x = 3x + 63

9x = 63

x = 7

Now we plug 7 in for x and find WV

12x - 61

12(7) - 61

84 - 61

23

So, the answer is B.23

Problem 15. (6 points) A biologist has been observing a tree's height. 12 months into the observation, the tree was 12.72 feet tall. 20 months into the observation, the tree was 13.6 foot tall Let z be the number of months passed since the observations started, and let y be the tree's height at that time. Use a linear equation to model the tree's height as the number of months pass a. This line's slope-intercept equation is b. 27 months after the observations started, the tree would be feet in height. 6 months after the observation started, the tree would be 18 feet tall, Note: You can earn partial credit on this problem.

Answers

6 months after the observation started, the tree would be approximately 12.06 feet tall.

To model the tree's height as the number of months pass, we need to find the equation of a straight line that represents the relationship between the number of months (z) and the tree's height (y).

Let's start by finding the slope of the line. The slope (m) of a line can be calculated using the formula:

m = (y2 - y1) / (z2 - z1)

where (z1, y1) and (z2, y2) are two points on the line.

Using the given data:

(z1, y1) = (12, 12.72)

(z2, y2) = (20, 13.6)

We can plug these values into the slope formula:

m = (13.6 - 12.72) / (20 - 12)

 = 0.88 / 8

 = 0.11

So the slope of the line is 0.11.

Now, we can use the point-slope form of a linear equation to find the equation of the line:

y - y1 = m(z - z1)

Using the point (z1, y1) = (12, 12.72):

y - 12.72 = 0.11(z - 12)

Next, let's simplify the equation:

y - 12.72 = 0.11z - 1.32

Now, let's rearrange the equation to the slope-intercept form (y = mx + b):

y = 0.11z + (12.72 - 1.32)

y = 0.11z + 11.40

So, the slope-intercept equation that models the tree's height as the number of months pass is y = 0.11z + 11.40.

Now, let's answer the given questions:

a. 27 months after the observations started, we can plug z = 27 into the equation:

y = 0.11 * 27 + 11.40

y = 2.97 + 11.40

y = 14.37

Therefore, 27 months after the observations started, the tree would be approximately 14.37 feet in height.

b. 6 months after the observation started, we can plug z = 6 into the equation:

y = 0.11 * 6 + 11.40

y = 0.66 + 11.40

y = 12.06

Therefore, 6 months after the observation started, the tree would be approximately 12.06 feet tall.

Learn more about linear equation here:

https://brainly.com/question/32634451

#SPJ11

#10 (10 points) Suppose a woman retires at age 65 , and in addition to Social Security, she needs $3500 per month in income. Based on an expected lifetime of 237 more months, how much would he have to invest in a life income annuity earning 4% APR to pay that much per year?

Answers

The woman would need to invest approximately $615,315.32 in a life income annuity earning 4% APR to receive $3500 per month in income for an expected lifetime of 237 more months.

To calculate the amount the woman would need to invest in a life income annuity to receive $3500 per month in income for an expected lifetime of 237 more months, we need to consider the interest rate and the time period.

Given:

- Monthly income needed: $3500

- Expected lifetime in months: 237

- Annual Percentage Rate (APR): 4%

First, we need to convert the monthly income to an annual income by multiplying it by 12:

Annual income needed = $3500 * 12 = $42,000

To calculate the amount required to invest in the annuity, we need to use the present value formula for an annuity. The formula is:

Present Value = Annual income needed * (1 - (1 + r)^(-n)) / r

Where:

- r is the monthly interest rate (APR divided by 12)

- n is the total number of months (expected lifetime)

Now, let's plug in the values into the formula and calculate the present value:

r = 4% / 12 = 0.04 / 12 = 0.00333 (rounded to 5 decimal places)

n = 237

Present Value = $42,000 * (1 - (1 + 0.00333)^(-237)) / 0.00333

Using a calculator, we can evaluate the expression within the parentheses first:

(1 + 0.00333)^(-237) ≈ 0.5113

Substituting this value back into the formula:

Present Value = $42,000 * (1 - 0.5113) / 0.00333

Simplifying further:

Present Value ≈ $42,000 * 0.4887 / 0.00333

Using a calculator, we find:

Present Value ≈ $615,315.32

Therefore, the woman would need to invest approximately $615,315.32 in a life income annuity earning 4% APR to receive $3500 per month in income for an expected lifetime of 237 more months.

Learn more about income here

https://brainly.com/question/28352034

#SPJ11

number 1 help
Perform the indicated operations for the given vectors. \( \mathbf{v}=\langle 8,-10\rangle, \boldsymbol{w}=\langle-3,7\rangle \). Find \( w+v \) \( (2,9) \) \( (-3,4) \) \( \langle 5,-3\rangle \) \( \

Answers

To find \( w+v \), we add the corresponding components of the vectors, \(\mathbf{v}\) and \(\mathbf{w}\), which gives us the vector \(\langle 5, -3\rangle\).

Vector addition involves adding the corresponding components of the vectors, i.e., adding the first components to get the first component of the resulting vector, and adding the second components to get the second component of the resulting vector. For example, to find \( w+v \), we add the corresponding components of \(\mathbf{v}\) and \(\mathbf{w}\):
\begin{align*}
w+v&= \langle-3,7\rangle + \langle 8,-10\rangle\\
&= \langle(-3+8), (7-10)\rangle\\
&= \langle5,-3\rangle
\end{align*}
Therefore, \(w+v\) is the vector \(\langle 5, -3\rangle\).
In general, if \(\mathbf{v}=\langle a, b\rangle\) and \(\mathbf{w}=\langle c, d\rangle\), then \(\mathbf{v}+\mathbf{w}=\langle a+c, b+d\rangle\).

Learn more about vector hhere:

https://brainly.com/question/24256726

#SPJ11

3. Use the either the sum or difference formula of cosine to solve the following (5 points) cos(525 degrees)

Answers

By using  the sum or difference formula of cosine to solve cos(525°) we get cos(525°) = -0.465

The formula to find the value of cos(A ± B) is given as,

cos(A + B) = cosA cosB − sinA sinBcos(A − B) = cosA cosB + sinA sinB

Here, A = 450° and B = 75°

We can write 525° as the sum of 450° and 75°.

Therefore,cos(525°) = cos(450° + 75°)

Now, we can apply the formula for cos(A + B) and solve it.

cos(A + B) = cosA cosB − sinA sinBcos(450° + 75°) = cos450° cos75° − sin450° sin75°= 0.707 × 0.259 − 0.707 × 0.966= -0.465

Substituting the values in the above equation, we get

cos(525°) = 0.707 × 0.259 − 0.707 × 0.966= -0.465

Thus, cos(525°) = -0.465.

To know more about cosine visit:

brainly.com/question/29114352

#SPJ11

Find the area of the segment (shaded in blue in the figure) of a circle whose radius is 3 feet, formed by a central angle of \( 55^{\circ} \). [Hint: Subtract the area of the triangle from the area of

Answers

The  area of the shaded segment of the circle: [tex]\frac{11}{72} \pi - 9[/tex][tex]sin\left(\frac{55}{2}\right) \cos\left(\frac{55}{2}\right) \][/tex].

First, let's find the area of the sector. The formula for the area of a sector of a circle is given by:

[tex]\[ \text{Area of sector} = \frac{\theta}{360^\circ} \times \pi r^2 \][/tex]

where [tex]\( \theta \)[/tex] is the central angle and r is the radius of the circle.

Given that the radius is 3 feet and the central angle is [tex]\( 55^\circ \)[/tex],

So,[tex]\[ \text{Area of sector} = \frac{55}{360} \times \pi \times (3)^2 \][/tex]

[tex]\[ \text{Area of sector} = \frac{11}{72} \pi \][/tex]

Next, let's find the area of the triangle. The formula for the area of a triangle is given by:

[tex]\[ \text{Area of triangle} = \frac{1}{2} \times \text{base} \times \text{height} \][/tex]

In this case, the base of the triangle is the length of the chord that subtends the central angle, and the height is the distance from the center of the circle to the midpoint of the chord.

We can use trigonometry to find these values.

[tex]\[ \text{Chord length} = 2r \sin\left(\frac{\theta}{2}\right) \][/tex]

Plugging in the values, we get:

[tex]\[ \text{Chord length} = 2 \times 3 \times \sin\left(\frac{55}{2}\right) \][/tex]

Now, the height can be found using the formula:

[tex]\[ \text{Height} = r \cos\left(\frac{\theta}{2}\right) \][/tex]

Plugging in the values, we get:

[tex]\[ \text{Height} = 3 \times \cos\left(\frac{55}{2}\right) \][/tex]

Now, we can calculate the area of the triangle using the formula:

[tex]\[ \text{Area of triangle} = \frac{1}{2} \times \text{Chord length} \times \text{Height} \][/tex]

[tex]\[ \text{Area of triangle} = \frac{1}{2} \times 2 \times 3 \times \sin\left(\frac{55}{2}\right) \times 3 \times \cos\left(\frac{55}{2}\right) \][/tex]

[tex]\[ \text{Area of triangle} = 9 \sin\left(\frac{55}{2}\right) \cos\left(\frac{55}{2}\right) \][/tex]

Finally, we can find the area of the shaded segment by subtracting the area of the triangle from the area of the sector:

[tex]\[ \text{Area of shaded segment} = \text{Area of sector} - \text{Area of triangle} \][/tex]

Substituting the values we calculated earlier, we get:

[tex]\[ \text{Area of shaded segment} = \frac{11}{72} \pi - 9[/tex][tex]sin\left(\frac{55}{2}\right) \cos\left(\frac{55}{2}\right) \][/tex]

This is the area of the shaded segment of the circle.

Learn more about Area of Sector here:

https://brainly.com/question/29055300

#SPJ4

Terrance hopes to earn $500 in interest in 1.8 years time from $10,000 that he has available to invest. To decide if it's feasible to do this by investing in an account that compounds semi-annually, he needs to determine the annual interest rate such an account would have to offer for him to meet his goal. What would the annual rate of interest have to be? Round to two decimal places. Answer How to enter your answer (opens in new window) Interest formulas Keypac Keyboard Shortcu

Answers

The annual interest rate should be approximately 3.16% (rounded to two decimal places).

Given,

The amount of money that Terrance has available to invest, P = $10,000

Interest Terrance hopes to earn = $500

Number of years Terrance hopes to earn $500,

t = 1.8 years

To determine the annual interest rate, we use the following forma:

Amount =[tex]P(1 + (r/n))^(n*t)[/tex]

Where, P is the principal r is the interest rate per year t is the time in years n is the number of compounding periods per year

By using the formula, we can write the expression for the amount Terrance will have at the end of the investment period with an annual interest rate r.

We know that he wants to earn $500, therefore;

Amount = P + Interest

Amount = P + 500

Plugging in the values we get;

[tex]10000 + 500 = 10000(1 + (r/2))^(2*1.8)[/tex]

Simplifying this, we get;

[tex]10500 = 10000(1 + r/2)^3[/tex]

On simplifying the above expression we get:

1 + r/2 = 1.01577

We can calculate the annual interest rate from the above expression as follows:

r/2 = 0.01577

 r = 2 x 0.01577

≈ 0.03155 or 3.16%

Know more about the annual interest rate

https://brainly.com/question/31261623

#SPJ11

Solve by using the quadratic formula. Show all your work. 2x² + 2x - 7=0

Answers

To solve the quadratic equation by using the quadratic formula, we need to substitute the values of a, b and c in the quadratic formula and simplify. Given that[tex]2x² + 2x - 7=0.[/tex]

The quadratic formula is: [tex]$$x = \frac{-b \pm \sqrt{b^2-4ac}}{2a}$$[/tex]

Where a = 2,

b = 2

and c = -7 Substituting these values in the quadratic formula,

we get:[tex]$$x = \frac{-(2) \pm \sqrt{(2)^2-4(2)(-7)}}{2(2)}$$ $$x = \frac{-2 \pm \sqrt{4+56}}{4}$$ $$x = \frac{-2 \pm \sqrt{60}}{4}$$[/tex]

Simplifying further,[tex]$$x = \frac{-1}{2} \pm \frac{\sqrt{15}}{2}$$[/tex]

Therefore, the solutions of the given quadratic equation are:[tex]$$x = \frac{-1 + \sqrt{15}}{2} $$[/tex]

and[tex]$$x = \frac{-1 - \sqrt{15}}{2} $$[/tex]

Hence, the solution to the quadratic equation[tex]2x² + 2x - 7 = 0[/tex]is given by the formula

[tex]x = (-b ± sqrt(b^2 - 4ac))/2a.[/tex]

This gives the two solutions as [tex]x = (-2 ± sqrt(60))/4,[/tex]

which simplifies to [tex]x = (-1 ± sqrt(15))/2.[/tex]

To know more about quadratic visit:

https://brainly.com/question/22364785

#SPJ11

Define a set T by {1} ∈ T (note the set braces!) and if {k} ∈ T,
then {1, 2, ..., k + 1} ∈ T. What is |T|?

Answers

The cardinality of set T, denoted as |T|, is infinite or uncountably infinite.

The set T is defined recursively as follows:

The set {1} is an element of T.

If {k} is an element of T, then the set {1, 2, ..., k + 1} is also an element of T.

Starting with {1}, we can generate new sets in T by applying the recursive rule. For example:

{1} ∈ T

{1, 2} ∈ T

{1, 2, 3} ∈ T

{1, 2, 3, 4} ∈ T

...

Each new set in T has one more element than the previous set. As a result, the cardinality of T is infinite or uncountably infinite because there is no upper limit to the number of elements in each set. Therefore, |T| cannot be determined as a finite value or a countable number.

You can learn more about cardinality  at

https://brainly.com/question/30425571

#SPJ11

Insurance policv holderc / rlsime in 2017 Average car insurance cost and claim value by age group (2017) No. of policy holders No. of claims On average, for which age group must a driver have the highest number of accident-free years before making a claim for the insurance company to make a profit? Insurance policy holders / claims in 2017 Average car insurance cost and claim value by age group (2017) No. of policy holders No. of claims In 2017, 4.5\% of policy holders aged 18-21 made insurance claims. What was the average number of claims made per policy holder?

Answers

On average, for which age group must a driver have the highest number of accident-free years before making a claim for the insurance company to make a profit.

The age group for which a driver must have the highest number of accident-free years before making a claim for the insurance company to make a profit is 65 years and above. Since the insurance claims decline as the age increases, hence the policyholders of this age group will make fewer claims.

The average number of claims made per policyholder in 2017, 4.5% of policyholders aged 18-21 made insurance claims is 0.045.What is the No. of policyholders and claims for the Average car insurance cost and claim value by age group (2017)?Sorry, there is no data provided for No. of policyholders and claims for the Average car insurance cost and claim value by age group (2017).

To know more about number visit :

https://brainly.com/question/3589540

#SPJ11

Solve the problem. A pilot wants to fly on a bearing of \( 60.8^{\circ} \). By fiving due east he finds that a 59 weh wind, blowing from the south, puts him on course. Find the ground speed of the pla

Answers

The vector components of the 59 km/h wind are:(0, -59) km/hThe pilot is aiming for a bearing of 60.8°, so the vector components of the plane's velocity are:

v = (v₁, v₂) km/hwhere:v₂/v₁ = tan(60.8°) = 1.633tan(60.8°) is approximately equal to 1.633Therefore,v = (v, 1.633v) km/hThe ground speed of the plane is the magnitude of the resultant velocity vector:(v + 0)² + (1.633v - (-59))² = (v + 0)² + (1.633v + 59)²= v² + 3v² + 185.678v + 3481= 4v² + 185.678v + 3481

The plane's ground speed is given by the positive square root of this quadratic equation:S = √(4v² + 185.678v + 3481)To find v, we need to use the fact that the wind blows the plane on course. In other words, the plane's velocity vector is perpendicular to the wind's velocity vector. Therefore, their dot product is zero:v₁(0) + v₂(-59) = 0Solving for v₂:1.633v₁(-59) = -v₂²v₂² = -1.633²v₁²v₂ = -1.633v₁

To solve for v, substitute this expression into the expression for the magnitude of the resultant velocity vector:S = √(4v² + 185.678v + 3481)= √(4v² - 301.979v + 3481)We can now solve this quadratic equation by using the quadratic formula:v = (-b ± √(b² - 4ac))/(2a)where a = 4, b = -301.979, and c = 3481.v = (-(-301.979) ± √((-301.979)² - 4(4)(3481)))/(2(4))= (301.979 ± √1197.821))/8v ≈ 19.83 km/h (rejecting negative root)Therefore, the plane's velocity vector is approximately:v ≈ (19.83 km/h, 32.35 km/h)The plane's ground speed is then:S = √(4v² + 185.678v + 3481)= √(4(19.83)² + 185.678(19.83) + 3481)≈ √7760.23≈ 88.11 km/hAnswer:Conclusion: The plane's ground speed is approximately 88.11 km/h.

To know more about vector visit

https://brainly.com/question/24486562

#SPJ11

Question 15 The ratio of current ages of two relatives who shared a birthday is 7 : 1. In 6 years' time the ratio of theirs ages will be 5: 2. Find their current ages. A. 7 and 1 B. 14 and 2 C. 28 and 4 D. 35 and 5

Answers

The current ages of the two relatives who shared a birthday are 28 and 4 which corresponds to option C.

Let's explain the answer in more detail. We are given two ratios: the current ratio of their ages is 7:1, and the ratio of their ages in 6 years will be 5:2. To find their current ages, we can set up a system of equations.

Let's assume the current ages of the two relatives are 7x and x (since their ratio is 7:1). In 6 years' time, their ages will be 7x + 6 and x + 6. According to the given information, the ratio of their ages in 6 years will be 5:2. Therefore, we can set up the equation:

(7x + 6) / (x + 6) = 5/2

To solve this equation, we cross-multiply and simplify:

2(7x + 6) = 5(x + 6)

14x + 12 = 5x + 30

9x = 18

x = 2

Thus, one relative's current age is 7x = 7 * 2 = 14, and the other relative's current age is x = 2. Therefore, their current ages are 28 and 4, which matches option C.

Learn more about ratio here:

https://brainly.com/question/13419413

#SPJ11

Perform the indicated operations. 2^{9} - 9^{2} = ___________

Answers

The result of the expression 2^9 - 9^2 is 431. Let's perform the indicated operations step by step.

To evaluate the expression 2^9 - 9^2, we first need to calculate the values of the exponents.

2^9:

To find 2^9, we multiply 2 by itself 9 times:

2^9 = 2 * 2 * 2 * 2 * 2 * 2 * 2 * 2 * 2 = 512.

9^2:

To find 9^2, we multiply 9 by itself 2 times:

9^2 = 9 * 9 = 81.

Now, we can substitute these values back into the original expression:

2^9 - 9^2 = 512 - 81.

Calculating the subtraction, we get:

2^9 - 9^2 = 431.

Therefore, the result of the expression 2^9 - 9^2 is 431.

Learn more about exponents here:

https://brainly.com/question/5497425

#SPJ11

5.
Determine algebraically whether the function (x)
= xsin^3x
is
even, odd, or neither.

Answers

The function f(x) = x * sin^3(x) is an odd function. We can see that f(-x) = -f(x) for all values of x, which means the function is odd.

To determine if the function is even, odd, or neither, we need to check its symmetry properties with respect to the y-axis and the origin.

For a function to be even, it must satisfy the condition f(x) = f(-x) for all values of x. This means that if we replace x with -x in the function, the resulting expression should be equivalent to the original function.

For a function to be odd, it must satisfy the condition f(x) = -f(-x) for all values of x. This means that if we replace x with -x in the function, the resulting expression should be the negation of the original function.

In the case of f(x) = x * sin^3(x), let's evaluate f(-x):

f(-x) = (-x) * sin^3(-x)

Since sin(-x) = -sin(x), we can rewrite the expression as:

f(-x) = -x * (-sin(x))^3

Simplifying further:

f(-x) = -x * (-1)^3 * sin^3(x)

     = -x * sin^3(x)

     = -f(x)

We can see that f(-x) = -f(x) for all values of x, which means the function is odd.

Therefore, the function f(x) = x * sin^3(x) is an odd function.

Learn more about function here:

https://brainly.com/question/30721594

#SPJ11

Shante caught 17 ladybugs every 4 days. Hiw Mandy ladybugs dies Shante need to catch on the fifth day so that she will have caught an average of 20 laydybugs per day over 5 days? Solve this problem in two different ways and explain both solutions.

Answers

Shante will need to catch 32 ladybugs on the fifth day in order to have an average of 20 ladybugs per day over 5 days.

To get the required average of 20 ladybugs, Shante needs to catch 100 ladybugs in 5 days.

Let x be the number of ladybugs she has to catch on the fifth day.

She has caught 17 ladybugs every 4 days:

Thus, she would catch 4 sets of 17 ladybugs = 4 × 17 = 68 ladybugs in the first four days.

Hence, to get an average of 20 ladybugs in 5 days, Shante will have to catch 100 - 68 = 32 ladybugs in the fifth day.

Solution 1: To solve the problem algebraically:

Let x be the number of ladybugs she has to catch on the fifth day.

Therefore the equation becomes:17 × 4 + x = 100 => x = 100 - 68 => x = 32

Solution 2: To solve the problem using arithmetic:

To get an average of 20 ladybugs, Shante needs to catch 20 × 5 = 100 ladybugs in 5 days. She has already caught 17 × 4 = 68 ladybugs over the first 4 days.

Hence, on the fifth day, she needs to catch 100 - 68 = 32 ladybugs.

Therefore, the required number of ladybugs she needs to catch on the fifth day is 32.

Learn more about "average": https://brainly.com/question/20118982

#SPJ11

(For problems 8 - 10 rouesd monetary answers to nearest peniny.) 8. Margaret buys new stereo equipment for $500. The store agrees to finance the parchase price for 4 months at 12% annual interest rate compounded monthly, with approximately equal payments at the end of each month. Her first 3 monthly payments will be $128. 14. The amount of the fourth payment will be \$128.14 or less (depending on the balance after the third payment). Use this information to complete the amortiration schedule below.

Answers

The first step is to find out the monthly interest rate.Monthly Interest rate, r = 12%/12 = 1%

Now, we have to find the equal payments at the end of each month using the present value formula. The formula is:PV = Payment × [(1 − (1 + r)−n) ÷ r]

Where, PV = Present Value Payment = Monthly Payment

D= Monthly Interest Raten n

N= Number of Months of Loan After substituting the given values, we get

:500 = Payment × [(1 − (1 + 0.01)−4) ÷ 0.01

After solving this equation, we get Payment ≈ $128.14.So, the monthly payment of Margaret is $128.14.Thus, the amortization schedule is given below

:Month Beginning Balance Payment Principal Interest Ending Balance1 $500.00 $128.14 $82.89 $5.00 $417.111 $417.11 $128.14 $85.40 $2.49 $331.712 $331.71 $128.14 $87.99 $0.90 $243.733 $243.73 $128.14 $90.66 $0.23 $153.07

Thus, the amount of the fourth payment will be \$153.07.

To know more about cost estimate visit :-

https://brainly.in/question/40164367

#SPJ11

View Policies Current Attempt in Progress When each of the following equations are written in the form y=b+mx, the result is y = 11 + 7x. Find the constants r, s, k, and j. NOTE: Enter exact answers.

Answers

The value of Eva's investment after 5 years, rounded to the nearest cent, will be $6977.48.

To calculate the value of Eva's investment after 5 years with quarterly compounding, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Where:

A = the future value of the investment

P = the principal amount (initial investment)

r = annual interest rate (in decimal form)

n = number of times the interest is compounded per year

t = number of years

In this case, Eva invested $5900 at an annual interest rate of 3.4%, compounded quarterly (n = 4), and the investment period is 5 years (t = 5).

Plugging the values into the formula, we have:

A = 5900(1 + 0.034/4)^(4*5)

Calculating this expression:

A ≈ 5900(1.0085)^(20)

A≈ 5900(1.183682229)

A ≈ 6977.48

Therefore, the value of Eva's investment after 5 years, rounded to the nearest cent, will be $6977.48.

Learn more about compound interest here:

https://brainly.com/question/14295570

#SPJ11

Write the general term for a geometric sequence whose first term is \( 1 / 8 \) and common ratio is 4 .

Answers

The general term for the geometric sequence with a first term of 1/8 and a common ratio of 4 is aₙ = 2²ⁿ ⁻ ⁵.

What is the general term of the geometric sequence?

The general term of a geometric sequence can be expressed as:

aₙ = a₁ × r⁽ ⁿ ⁻¹ ⁾

Where:

aₙ represents the nth term of the sequence,

a₁ is the first term of the sequence, and

r is the common ratio of the sequence.

Given that:

First term a₁ = 1/8

Common ratio r = 4

Plug these into the above formula and solve simplify:

aₙ = a₁ × r⁽ ⁿ ⁻¹ ⁾

aₙ = 1/8 × 4⁽ ⁿ ⁻¹ ⁾

aₙ = 8⁻¹ × 4⁽ ⁿ ⁻¹ ⁾

aₙ = 2⁻³ × 2²⁽ ⁿ ⁻¹ ⁾

Simplify using same base theorem:

aₙ = 2⁻³ ⁺ ²⁽ ⁿ ⁻¹ ⁾

aₙ = 2⁻³ ⁺ ²ⁿ ⁻ ²

aₙ = 2²ⁿ ⁻ ² ⁻ ³

aₙ = 2²ⁿ ⁻ ⁵

Therefore, the general term is aₙ = 2²ⁿ ⁻ ⁵.

Learn more about geometric series here: brainly.com/question/19458543

#SPJ4

Let A, B be nonempty subsets of R that are bounded below. Prove that if A ⊂ B, then inf A ≥ inf B.

Answers

Therefore, we have proved that if A ⊂ B, then inf A ≥ inf B.

Let A, B be nonempty subsets of R that are bounded below. We have to prove that if A ⊂ B, then inf A ≥ inf B.

Let's begin the proof:

We know that since A is a non-empty subset of R and is bounded below, therefore, inf A exists.

Similarly, since B is a non-empty subset of R and is bounded below, therefore, inf B exists. Also, we know that A ⊂ B, which means that every element of A is also an element of B. As a result, we can conclude that inf B ≤ inf A because inf B is less than or equal to each element of B and since each element of B is an element of A, therefore, inf B is less than or equal to each element of A as well.

Therefore, we have proved that if A ⊂ B, then inf A ≥ inf B.

To know more about subsets visit:

https://brainly.com/question/28705656

#SPJ11

find the common factor between
36y2z2,24yz,30y3z4

Answers

The common factor among the expressions 36y^2z^2, 24yz, and 30y^3z^4 is 2 * 3 * y * z^2.

To find the common factors among the given expressions, we need to factorize each expression and identify the common factors.

Let's factorize each expression:

36y^2z^2:

We can break down 36 into its prime factors as 2^2 * 3^2. So, we have:

36y^2z^2 = (2^2 * 3^2) * y^2 * z^2 = (2 * 2 * 3 * 3) * y^2 * z^2 = 2^2 * 3^2 * y^2 * z^2

24yz:

We can break down 24 into its prime factors as 2^3 * 3. So, we have:

24yz = (2^3) * 3 * y * z = 2^3 * 3 * y * z

30y^3z^4:

We can break down 30 into its prime factors as 2 * 3 * 5. So, we have:

30y^3z^4 = (2 * 3 * 5) * y^3 * z^4 = 2 * 3 * 5 * y^3 * z^4

Now, let's compare the expressions and identify the common factors:

The common factors among the given expressions are 2, 3, y, and z^2. These factors appear in each of the expressions: 36y^2z^2, 24yz, and 30y^3z^4.

Therefore, the common factor between 36y^2z^2, 24yz, and 30y^3z^4 is 2 * 3 * y * z^2.

Learn more about expressions here:

https://brainly.com/question/28170201

#SPJ11

Which of the following rates are equivalent to the rate 55 pounds per 44 months?
Check ALL boxes that correspond to correct answers.
5454 pounds per month
1.251.25 pounds per month
10 pounds every 8 months
one pound per 4545 months
60 pounds per year

Answers

To find the equivalent rates to the given rate 55 pounds per 44 months, we need to convert the given rate into different units. Let's begin:To convert the given rate into pounds per month, we multiply the numerator and denominator by 12 (number of months in a year).

$$\frac{55 \text{ pounds}}{44 \text{ months}}\cdot\frac{12 \text{ months}}{12 \text{ months}}=\frac{660 \text{ pounds}}{528 \text{ months}}

=\frac{55}{44}\cdot\frac{12}{1}

= 82.5\text{ pounds per month}$$Therefore, 54 and 1.25 pounds per month are not equivalent to the rate 55 pounds per 44 months.Therefore, 10 pounds every 8 months is equivalent to the rate 55 pounds per 44 months.To convert the given rate into pounds per 45 months, we multiply the numerator and denominator by 45 (number of months):$$\frac{55 \text{ pounds}}{44 \text{ months}}\cdot\frac{45 \text{ months}}{45 \text{ months}}=\frac{2475 \text{ pounds}}{1980 \text{ months}}

=\frac{55}{44}\cdot\frac{45}{1}

= 68.75\text{ pounds per 45 months}$$Therefore, one pound per 45 months is not equivalent to the rate 55 pounds per 44 months.Thus, the following rates are equivalent to the rate 55 pounds per 44 months:$$\text{• }82.5\text{ pounds per month}$$$$\text{• }10\text{ pounds every 8 months}$$Hence, the correct answers are:5454 pounds per month10 pounds every 8 months.

To know more about pounds visit:
https://brainly.com/question/29173298

#SPJ11

Given that log₂3= 0.477, and log 5 = 0.699, find log a 15 OA. 1.176 OB. 0.228 O C. Cannot be found from the given information. OD. 0.333

Answers

The logarithm of 15 with base a is approximately 1.176 (Option OA).

To find log a 15, we can utilize the given logarithmic values of log₂3 and log 5. First, we express 15 as a product of its prime factors, which are 3 and 5.

Then, by applying the logarithmic property log(ab) = log(a) + log(b), we split the logarithm of 15 into the sum of the logarithms of its prime factors. Substituting the given logarithmic values, we have log a 15 = log a (3 * 5) = log a 3 + log a 5. By evaluating the expressions, we find that log a 15 is approximately 0.477 + 0.699 = 1.176.

Therefore, the correct option is OA. 1.176.

This approach allows us to determine the logarithm of 15 with an unknown base a based on the provided logarithmic values and the fundamental properties of logarithms.

Learn more about Logarithms

brainly.com/question/30226560

#SPJ11

Solve the following triangle using either the Law of Sines or the Law of Cosines. b=10,c=12,A=59 ∘
Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. (Do not round until the final answer. Then round to one decimal place as needed.) A. There is only one possible solution for the triangle. The measurements for the remaining side a and angles B and C are as follows. a≈ B≈ C≈ B. There are two possible solutions for the triangle. The measurements for the solution with the smaller angle B are as follows. a 1

≈ B 1

≈ C 1

Answers

The correct choice is B

Let's solve the following triangle using the Law of Cosines for this given information, b = 10, c = 12, A = 59°. The Law of Cosines is expressed as;c² = a² + b² - 2ab cosCUsing the given values,

we can calculate the measure of the missing side of the triangle;a² = b² + c² - 2bc cosAa² = (10)² + (12)² - 2(10)(12) cos(59°)a² ≈ 144.1a ≈ 12 (rounded to one decimal place)Now we can use the Law of Sines to find the values of B and C.

The Law of Sines is expressed as;a/sinA = b/sinB = c/sinCa/sinA = b/sinBsinB = b (sinA / a)sinB = 10 (sin59° / 12)sinB ≈ 0.6914B ≈ sin⁻¹(0.6914)B ≈ 44.2°(rounded to one decimal place)C = 180° - A - BC = 180° - 59° - 44.2°C ≈ 76.8°(rounded to one decimal place),

the solution with the smaller angle B is;a ≈ 12, B ≈ 44.2°, C ≈ 76.8°.Hence, the correct choice is;B. There are two possible solutions for the triangle. The measurements for the solution with the smaller angle B are as follows. a ≈ 12, B ≈ 44.2°, C ≈ 76.8°.

To know about Law of Cosines visit:

https://brainly.com/question/30766161

#SPJ11

- How many ways can you select a group/set of 5 players, without regard to order, out of a total of 12 ? Answer: How many ways can you assign by position/Order Matters (e.g., Left \& Right Tackles; Left \& Right Guards \& center) 5 players out of a total of 12? Answer:

Answers

The number of ways of selecting a group of 5 players out of a total of 12 without regard to order. To solve this problem, we can use the combination formula, which is:nCk= n!/(k!(n-k)!)where n is the total number of players and k is the number of players we want to select.

Substituting the given values into the formula, we get:

12C5= 12!/(5!(12-5)!)

= (12x11x10x9x8)/(5x4x3x2x1)

= 792.

There are 792 ways of selecting a group of 5 players out of a total of 12 without regard to order. The question asks us to determine the number of ways of assigning 5 players by position out of a total of 12. Since order matters in this case, we can use the permutation formula, which is: nPk= n!/(n-k)!where n is the total number of players and k is the number of players we want to assign to specific positions.

Substituting the given values into the formula, we get:

12P5= 12!/(12-5)!

= (12x11x10x9x8)/(7x6x5x4x3x2x1)

= 95,040

There are 95,040 ways of assigning 5 players by position out of a total of 12.

To know more about combination visit:

https://brainly.com/question/31586670

#SPJ11

Solve the equation
7x+1/x-2 + 2/x = -4/x²-2x

Answers

The given equation is 7x + 1/x - 2 + 2/x = -4/x² - 2x. We will convert all the terms of the equation with a common denominator which is

x² - 2x.7x (x² - 2x)/x (x² - 2x) + 1 (x² - 2x)/x² - 2x - 2 (x² - 2x)/x² - 2x = -4/x² - 2x.

We can simplify this equation now by canceling out the common terms from the numerator and the denominator. 7x(x - 2) + 1 - 2(x - 2) = -4. To solve this equation:

7x² - 14x + 1 - 2x + 4 = 0.

Adding all the like terms we get,7x² - 16x + 5 = 0. This quadratic equation can be solved using the formula, (-b ± √(b² - 4ac))/2a.

Let's put the values in the formula

a = 7, b = -16 and c = 5.

x = (-(-16) ± √((-16)² - 4(7)(5)))/2(7)x = (16 ± √16)/14x = (16 ± 4)/14x = (20/14) or (12/14).

Now, we can simplify the values,x = (10/7) or (6/7). Therefore, the  answer is x = 10/7 or x = 6/7.

We can say that the quadratic equation that we have solved is 7x² - 16x + 5 = 0.

We have applied the formula (-b ± √(b² - 4ac))/2a to get the value of x.

After simplification, we have got the value of x = 10/7 or x = 6/7.

To know more about quadratic equation visit:

brainly.com/question/30098550

#SPJ11

For problems 12 use the three equations below.
Tp is 1 second and g is 9.8 m/s2. Find l using the second equation.
m = 8 kg and Ts = 0.75 s. Solve for k.
Given that Tp = T, g = 9.8 m/s2, and that l = 2 m, find f (the units for f are Hertz).

Answers

a) The value of l can be calculated using the equation l = 4π² * (Tp² / g). b) The value of k can be solved using the equation k = (4π² * m) / (Ts²). c) The frequency f can be determined using the equation T = 2π * √(l / g), given Tp = T, l = 2 m, and g = 9.8 m/s².

a) To find the value of l, we can use the second equation:

l = 4π² * (Tp² / g)

Given that Tp is 1 second and g is 9.8 m/s², we can substitute these values into the equation to calculate the value of l.

b) To solve for k, we need to use the third equation:

k = (4π² * m) / (Ts²)

Given that m is 8 kg and Ts is 0.75 s, we can substitute these values into the equation to calculate the value of k.

c) Given that Tp = T and g = 9.8 m/s², we can use the first equation to find f (frequency):

T = 2π * √(l / g)

Since Tp = T, we can substitute the value of l (2 m) and g (9.8 m/s²) into the equation to calculate the value of f in Hertz.

To know more about equation,

https://brainly.com/question/15456242

#SPJ11

calculate 2v+O
v=(-2,8)

Answers

The result of the expression 2v + O is the vector (-4,16). This means that each component of v is doubled, resulting in the vector (0, 16).

We are given the vector v=(-2,8) and the zero vector O=(0,0). To calculate 2v + O, we need to multiply each component of v by 2 and add it to the corresponding component of O.

First, we multiply each component of v by 2: 2v = 2*(-2,8) = (-4,16).

Next, we add the corresponding components of 2v and O. Since O is the zero vector, adding it to any vector will not change the vector. Therefore, we have 2v + O = (-4,16) + (0,0) = (-4+0, 16+0) = (-4,16).

Thus, the result of the expression 2v + O is the vector (-4,16). This means that each component of v is doubled, resulting in the vector (0, 16).

Learn more about expression here:

https://brainly.com/question/28170201

#SPJ11

her consumption by \( 75 \% \). If this complaint with physician's instructions, how many ounces of coffee is she allowed daily? I got \( 3.75 \). The answer is 10 . It's asking for ounces

Answers

The number of ounces of coffee she will be allowed daily if she reduces her consumption by 75% was obtained by solving the given equation to get \(3.33 \) ounces.

To get the number of ounces of coffee she is allowed daily if she reduces her consumption by 75%, we will have to make use of the information given in the question.

Therefore; Initial coffee consumption = Let the daily coffee consumption be xThen reducing her coffee consumption by 75% = (75/100) x = (3/4) x = (3x/4)

Ounces of coffee she is allowed daily = 10 Therefore; (3x/4) = 10 Multiplying both sides by 4;3x = 40 Dividing both sides by 3;x = 40/3

Therefore, her initial coffee consumption was approximately \(13.33\)\(ounces\) daily and if she reduces her coffee consumption by 75%, she will be allowed approximately \(3.33 \) ounces of coffee daily.

In a answer, the number of ounces of coffee she will be allowed daily if she reduces her consumption by 75% was obtained by solving the given equation to get \(3.33 \) ounces.

To know more about consumption visit:
brainly.com/question/28230091

#SPJ11

Which of the following statements is ALWAYS true? Pr[A∪B]=Pr[A]+Pr[B]
Pr[A∩B]=Pr[A]⋅Pr[B]
Pr[A∣B]=Pr[B∣A]
Pr[A]=1−Pr[A′ ]

Answers

The correct option is, “Pr[A∩B]=Pr[A]⋅Pr[B].” as it is always true.

The correct option is, “Pr[A∩B]=Pr[A]⋅Pr[B]. Probabilities of A and B are the probability of two events in which the probability of A can occur, B can occur, or both can occur.

Therefore, the probability of A or B or both happening is the sum of their probabilities. In mathematical notation, it is stated as: Pr[A∪B]=Pr[A]+Pr[B] The probability of the intersection of A and B is the probability of both A and B happening.

The probability of both happening is calculated by multiplying their probabilities. This relationship can be expressed as: Pr[A∩B]=Pr[A]⋅Pr[B] The probability of A happening given that B has occurred is written as: Pr[A∣B]=Pr[A∩B]/Pr[B]The probability of A not happening is written as A′.

Therefore, the probability of A happening is the complement of the probability of A not happening. This relationship is expressed as: Pr[A]=1−Pr[A′]

Hence, the correct option is, “Pr[A∩B]=Pr[A]⋅Pr[B].” as it is always true.

To know more about always visit:

brainly.com/question/31721690

#SPJ11

If log 2 = x and log, 3 = y, evaluate the following in terms of x and y: (a) log, 24 = (b) log, 1296 (c) logt log, 27 (d) log, 2 = = =

Answers

The expression log 24 is 3x + y and log 1296 is 4x + 4y. The expression logt log 27 cannot be simplified further without knowing the specific base value of logarithm t.

To evaluate the expressions in terms of x and y, we can use the properties of logarithms. Here are the evaluations:

(a) log 24:

We can express 24 as a product of powers of 2 and 3: 24 = 2^3 * 3^1.

Using the properties of logarithms, we can rewrite this expression:

log 24 = log(2^3 * 3^1) = log(2^3) + log(3^1) = 3 * log 2 + log 3 = 3x + y.

(b) log 1296:

We can express 1296 as a power of 2: 1296 = 2^4 * 3^4.

Using the properties of logarithms, we can rewrite this expression:

log 1296 = log(2^4 * 3^4) = log(2^4) + log(3^4) = 4 * log 2 + 4 * log 3 = 4x + 4y.

(c) logt log 27:

We know that log 27 = 3 (since 3^3 = 27).

Using the properties of logarithms, we can rewrite this expression:

logt log 27 = logt 3 = logt (2^x * 3^y).

We don't have an explicit logarithm base for t, so we can't simplify it further without more information.

(d) log 2 = = =

It seems there might be a typographical error in the expression you provided.

To know more about logarithms refer here:

https://brainly.com/question/30226560#

#SPJ11

Other Questions
If you could please help me that would be great!! thank you in advance!According to Expectancy Theory, __________ is the relationship between performance and attaining an outcome, whereas __________ is the relationship between effort and performance.expectancy; instrumentalityinstrumentality; valenceinstrumentality; expectancyvalence; instrumentality A company that pays employees a commission on each unit sold isproviding a(n) ________ incentive.Group of answer choices:positivereverseneutralnegativeindirect Use the References to access important values if needed for this question. You need to make an aqueous solution of 0.163 M zinc chloride for an experiment in lab, using a 125 mL volumetric flask. How much solid zinc chloride should you add? grams Submit Answer 9 more group attempts remaining Retry Entire Group Use the References to access important values if needed for this question. How many milliliters of an aqueous solution of 0.198 M barium acetate is needed to obtain 18.2 grams of the salt? mL Submit Answer 9 more group attempts remaining Retry Entire Group Consider the following. Demand Function Quantity Demanded \[ p=\frac{162}{x^{2}}+2 \quad x=5 \] Find the price elasticity of demand for the demand function at the indicated \( x \)-value. Is the deman Which of the reactions in the TCA cycle reduce ubiquinone rather than NAD+?O a-ketoglutarate succinyl-CoAO Oxaloacetate + acetyl-CoA citrateO Malate oxaloacetateO Succinate fumarateO Isocitrate-a-ketoglutarate The account, Deferred income taxes, is an account that shows the number of days it takes to convert inventory into cash. True False suppose you have determined that there are 0.000921 mol nh3 present in the initial cobalt complex sample. if the mass of the original sample was 0.049 g, what is the mass % of ammonia? A real ramjet operates at 90 kft in a range of free-stream Mach numbers from 1.5 to 5. Assuming Level 3 technology efficiencies and perfectly expanded, variable area convergent-divergent nozzle, plot the following parameters and properties against Mo within the given range: a) Diffuser efficiency, considering the engine to be embedded in the airframe. Question 28 Which speech organ is involved to differentiate oral vs. nasal sounds? tongue Olips vocal folds pharynx O velum Helpful reminders: A=LWP=2L+2W1yd=3ft and 1yd 2=9ft 2If needed, round your answers to the nearest cent. You have a a rectangular room measuring 15 feet by 18 feet, What will it cost to put baseboard trim around the room if trim costs $2.95 per foot? What will it cost to tile the room if tile costs $1.50 per square foot? What will it cost to carpet the room if the carpet costs $20.25 per square yard? Briefly show your calculations below: State whether the biosynthesis of the following bio molecules Increases, or Decreases, or s the same in the following physiological conditions: (stay the same, Decreases, Increases) Level of Cholesterol in a well fed state Fatty acid synthesis in cases of hyperglycemia Fatty acid synthesis with low ATP supply levels of LDL during high levels active of HMG COA reductase levels of acetoacetate, 3-hydroxyputyrate and acetone during prolonged fastinglevels of HDL during high rate of fatty acid synthesis Myocardial Infarction with high HDL levels phenylalanine in PKU high protein diet Increases HMG CO reductase activity when cholesterole levels are high ketone bodies in after a meal Increases a) (10 pts). Using a decoder and external gates, design the combinational circuit defined by the following three Boolean functions: F1 (x, y, z) = (y'+ x) z F2 (x, y, z) = y'z' + xy + yz' F3 (x, y, z) = x' z' + xy The fuel oil supplied to a boiler has a mass analysis of 86% carbon, 12% hydrogen and 2% sulfur. The fuel is burned with an air- to- fuel ratio of 20:1. Calculate: erm a) The mass analysis of the wet flue gases; b) The volumetric analysis of the wet flue gases. A boiler plant cumpliss 100 1 I need help ASAP!!Please provide me with detailed answers. Thank you!!1. Giving this reaction:Fe(NO3)39H2O(aq) + 3 KHC2O4(aq) + 3 KOH(aq) K3[Fe(C2O4)3]3H2O(s) (tris) + 3 KNO3(aq) + 9 H2O( 1.) Summarize the important events that occur during the ovariancycle of the sexual cycle.2.) Summarize the important events that occur during themenstrual cycles of the sexual cycle.3.) How do th What advantage do chaparral shrubs with double root systems (one shallow, one at the water table) have compared to chaparral shrubs with only one root system? O they can survive multiple years with no rainfall O all answer choices are correct O they have year-round access to water O they don't have to compete with other plants for soil water The Cori cycle includes all of the following pathways except: The citric acid cycle O Glycolysis O Fermentation O Gluconeogenesis O The Cori cycle includes all of the above pathways. Two friends just had lunch together in downtown. After they say goodbye, one bikes home south on Wilson street at 10 mph and the other starts driving down main to the West at 15 mph. The one driving gets stopped at a traffic light for a minute, then gets going again. So, two minutes later the biker has made it .33 miles and the driver has gone .25 miles. At this moment, how fast is the distance between them changing? Find the rate of change. With respect to gene expression, methylation of CpG islands tends to___________ transcription.a. decreaseb. increasec. not change What are the economic incentives that have changed how you work,spend, and plan for the future