How much would you need to deposit into an account that pays 6.5% interest compounded semiannually to have $10,000 after 7 years?

Answers

Answer 1

Answer:

6390.56

Step-by-step explanation:

[tex]AV=PV(1+\frac{i}{n})^{nt}\\10000=x(1+\frac{.065}{2})^{7*2}\\10000=1.564807232*x\\6390.53=x[/tex]

Answer 2

9514 1404 393

Answer:

  $6490.57

Step-by-step explanation:

The future value is given by the compound interest formula ...

  A = P(1 +r/n)^(nt)

Principal P earns annual rate r compounded n times per year for t years.

Filling in the given values, we have ...

  10000 = P(1 +0.065/2)^(2·7) = P(1.0325^14)

  P = 10000/1.0325^14 ≈ 6390.5635

You would need to deposit $6390.57 into the account to have $10,000 in 7 years.

_____

Additional comment

Using the rounded-down result of the computation will result in a value after 7 years of $9,999.99, not quite $10,000. Rounding the computed value up to $6390.57 ensures the account balance will actually be $10,000.00 after 7 years.

If the balance is rounded to the nearest penny each time interest is added, then the balance after 7 years will be exactly $10,000.00. If there is no intermediate rounding, the resulting balance will be $10,000.01.

Most of the time, the answer key doesn't pay attention to details like this. Your expected answer may be $6390.56, or $6391 if rounded to dollars.


Related Questions

If I made $20 in 4 hours, what is the rate at which I made money?

Answers

Answer:

it would be five each hour.

Step-by-step explanation:

help me!!!!!!!!!plzzz​

Answers

Answer:

B. 1/3

Step-by-step explanation:

Answer:

1/3

Step-by-step explanation:

add all the values 10+14+6=30 since red is 10 divide 10 by 30 so 10/30 simplifying to 1/3.

How many solutions does the equation 2x -1 = x + x -1 have ?

Answers

Answer:

Infinite solutions

Step-by-step explanation:

2x -1 = x + x -1

2x=x+x

2x=2x

Can someone answer this please I don’t understand

Answers

Answer:

3x+2x+a=180 degree(being linear pair)

5x+25=180

5x=180-25

x=155/5

x=31

Step-by-step explanation:

Question 11:
A diesel train traveled to Johannesburg and back. The trip there took 6 hours and
the trip back took 9 hours. It averaged 23 miles per hour faster on the trip there
than on the return trip. Find the diesel train's average speed on the outbound (first
part traveling to Johannesburg) trip.

Answers

Answer:

69 miles per hour

Step-by-step explanation:

Given

Trip to:

[tex]t_1 = 6[/tex] --- time

[tex]s_1 = 23 + s_2[/tex]

Trip back

[tex]t_2 = 9[/tex]

Required

Determine the average speed to Johannesburg

Average speed is calculated as:

[tex]speed = \frac{distance}{time}[/tex]

Make distance the subject

[tex]distance = speed * time[/tex]

Since distance is constant, then:

[tex]s_1 * t_1 = s_2 * t_2[/tex]

This gives:

[tex](23 + s_2) * 6 = s_2 * 9[/tex]

Open bracket

[tex]138 + 6s_2 = 9s_2[/tex]

Collect like terms

[tex]9s_2 - 6s_2 = 138[/tex]

[tex]3s_2 = 138[/tex]

Solve for s2

[tex]s_2 = 138/3[/tex]

[tex]s_2 = 46[/tex]

Recall that:

[tex]s_1 = 23 + s_2[/tex]

[tex]s_1 = 23 + 46[/tex]

[tex]s_1 = 69[/tex]

You shot a space capsule into an orbit around the space station.
The total weight of the capsule was 1,330 kilograms. If the devices
on board to regulate speed weighed one fourth as much as the fuel
tank and the power unit weighed one half as much as the fuel tank,
how much did the power unit weigh?
In this word problem, what are you asked to find?
CD
The weight of the power unit
b
The weight of the devices to regulate speed
с
The weight of the capsule
d
The weight of the container

Answers

I don’t honestly know the answer to this question

Consider the arithmetic sequence:
3,5,7,9,..,
If n is an integer, which of these functions generate the sequence?
Choose all answers that apply:
a(n)=3+2n for n≥0
b(n)=3n for n≥1
c(n)=-1+2n for n≥2
d(n)=-6+3n for n≥3

Answers

[tex]a(n) = 3 + 2n[/tex] for [tex]n \ge 0[/tex] functions generate the arithmetic sequence.

What is arithmetic sequence?

It is a "sequence where the differences between every two successive terms are the same" (or) In an arithmetic sequence, "every term is obtained by adding a fixed number (positive or negative or zero) to its previous term".

The first term of an arithmetic sequence is a, its common difference is d, n is the number of terms.

Arithmetic sequence formula is given as, [tex]a_{n} =a+(n-1)d[/tex].

Given arithmetic sequence

[tex]3, 5, 7, 9,.....[/tex]

n is an integer

[tex]a = 3[/tex]

By considering the above arithmetic sequence, we can say that each term in the sequence is in the form of 3 + 2n, where , n ≥ 0.

So, the correct option is A

[tex]a(n) = 3 + 2n[/tex] for [tex]n \ge 0[/tex]

Thus, [tex]a(n) = 3 + 2n[/tex] for  [tex]n \ge 0[/tex]  functions generate the arithmetic sequence.

Find out more information about arithmetic sequence here

https://brainly.com/question/15412619

#SPJ3

A vehicle owner interested in her vehicle’s fuel economy calculated the gas mileage in miles per gallon (mpg) each time she filled her tank, for several years. Here are the mpg values for a random sample of 20 of these records. Suppose that the standard deviation is known to be σ = 3.5 mpg.

Required:
Find the 95% confidence interval for the mean of gas mileage for this vehicle.

Answers

Answer:

The 95% confidence interval for the mean of gas mileage for this vehicle is (S - 1.53, S + 1.53), in which S is the mean of the sample of 20.

Step-by-step explanation:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1 - 0.95}{2} = 0.025[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1 - \alpha[/tex].

That is z with a pvalue of [tex]1 - 0.025 = 0.975[/tex], so Z = 1.96.

Now, find the margin of error M as such

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 1.96\frac{3.5}{\sqrt{20}} = 1.53[/tex]

The lower end of the interval is the sample mean subtracted by M. So it is S - 1.53.

The upper end of the interval is the sample mean added to M. So it is S + 1.53.

The 95% confidence interval for the mean of gas mileage for this vehicle is (S - 1.53, S + 1.53), in which S is the mean of the sample of 20.

A rectangle is removed from a right triangle to create the shaded region shown below. Find the area of the shaded region. Be sure to include the correct unit
in your answer.
4m
0
DO
BO
וח
m
m
2 m
х
4 m
3 ?
1
1
5m

Answers

Answer:

Step-by-step explanation:

KAJSKSKSKWKWKSKSKSKSKSKSKSKSKR

Answers

Answer:

ok

Step-by-step explanation:

At which value in the domain does f(x) = 0?
2
2
4

Answers

Answer:

4

Step-by-step explanation:

!!!MAJOR HELP AND NO LINKS AND IF YOU DONT KNOW BUT YOU STILL ANSWER, I WILL REPORT IF YOU SAY SOMETHING THAT IS NOT AN ANSWER!!!
What is the solution to the equation 7.5 minus X =2.8?
Image above

Answers

Answer: A

Step-by-step explanation:

4.7+2.8 = 7.5

And

7.5 -4.7 = 2.8

Please answer it. I will give brainliest if its correct..

Answers

First find the circumference of the circle:

Circumference = 2 x radius x pi

Circumference = 2 x 4 x 3.14 = 25.12 cm

Now arc ML is 100 degrees.

Multiply the circumference by the arc degree/360 ( 360 is a full circle)

25.12 x 100/360 = 6.98 cm

The answer is 6.98 cm

4(x+2) help please.

Answers

Answer:

4x + 8

Step-by-step explanation:

4(x+2)

4*x + 4*2

4x + 8

[tex] \large\sf \leadsto 4(x + 2)[/tex]

[tex] \large\sf \leadsto 4 \times (x + 2)[/tex]

[tex] \huge\sf \leadsto \pmb {4x + 8}[/tex]

We often deal with weighted​ means, in which different data values carry different weights in the calculation of the mean. For​ example, if the final exam counts for​ 50% of your final grade and 2 midterms each count for​ 25%, then you must assign weights of​ 50% and​ 25% to the final and​ midterms, respectively, before computing the mean score for the term. Apply the idea of weighted mean in the following exercise.

A student is taking an advanced anatomy class in which the midterm and final exams are worth 30% each and homework is worth 40% Of his final grade. On a 100-point scale, his midterm exam score was 82.5, his homework average score was 91.6, and his final exam score was 88.6.

Required:
a. On a 100-point scale, what is the student's overall average for the class?
b. The student was hoping to get an A in the class, which requires an overall score of 93.5 or higher. Could he have scored high enough on the final exam to get an A in the class?

Answers

Answer:

a) The student's overall average for the class is 87.97.

b) He would need a score above 100 to get an A, which means that he could not have scored high enough on the final exam to get an A in the class.

Step-by-step explanation:

Weighed average:

To solve this question, we find the student's weighed average, multiplying each of his grade by his weights.

Grades and weights:

Scored 82.5 on the midterm, worth 30%.

Scored 88.6 on the final exam, worth 30%.

Scored 91.6 on the homework, worth 40%.

a. On a 100-point scale, what is the student's overall average for the class?

Multiplying each grade by it's weight:

[tex]A = 82.5*0.3 + 88.6*0.3 + 91.6*0.4 = 87.97[/tex]

The student's overall average for the class is 87.97.

b. The student was hoping to get an A in the class, which requires an overall score of 93.5 or higher. Could he have scored high enough on the final exam to get an A in the class?

Score of x on the final class, and verify that the average could be 93.5 or higher. So

[tex]A = 82.5*0.3 + 88.6*0.3 + 0.4x[/tex]

[tex]A \geq 93.5[/tex]

[tex]82.5*0.3 + 88.6*0.3 + 0.4x \geq 93.5[/tex]

[tex]0.4x \geq 93.5 - (82.5*0.3 + 88.6*0.3)[/tex]

[tex]x \geq \frac{93.5 - (82.5*0.3 + 88.6*0.3)}{0.4}[/tex]

[tex]x \geq 105.425[/tex]

He would need a score above 100 to get an A, which means that he could not have scored high enough on the final exam to get an A in the class.

A computer technician notes that 40% of computers fail because of the hard drive, 20% fail due to the processor, 15% of problems are with the keyboard, and 5% of problems are due to something else. What is the mean of the number of computers he will work on before seeing his first computer that has failed because of the hard drive?

Since there are four categories, the technician can expect 4 computers until one has failed due to the hard drive.
Since 40% is equivalent to Two-fifths, it is expected that Five-halves = 2.5 computers until one has failed due to the hard drive.
Since the highest percentage of failure is due to the hard drive, the technician can expect that the first computer will have failed due to the hard drive. So the expected value is 1.
Since it is more likely that a computer has failed due to some other issue, the technician can expect the first computer to fail due to some other issue, and the second to fail due to the hard drive. So the expected value is 2

Answers

Answer:

Answer is b

Step-by-step explanation:

3 Select the correct answer. Which measure of center is the most appropriate for this data set? 20, 6, 42, 13, 15, 10, 9, 12, 12
A mean
B median
C mode
D mean absolutely median

Answers

Answer:

B median

Step-by-step explanation:

The median is the center of any data set

5 + {[2 X (14 - 9)] - 1}​

Answers

Answer:

14

Step-by-step explanation:

[tex] 5 + (2 \times (14 - 9) - 1) \\ = 5 + (2 \times 5) - 1 \\ = 5 + (10 - 1) \\ = 5 + 9 \\ = 14[/tex]

Need help ill give brainlest!!!!!!!!! HURRYYYY

Answers

Answer:

4

Step-by-step explanation:

hmm i dont know this is a pretty hard  1

Please help me I need to pass this

Answers

Answer:

5

-7

36

Step-by-step explanation:

if the center is (5,-7) the first part must look like

(x-5)²+(y+7)²

to find the raidus plug in 5 for x and -1 for y

(5-5)²+(-1+7)²

0²+6²=36

36

PQRS. is a rectangle . find angle OPS if angle QOR is given

Please give full explanation i will mark you as brain list plzz kuch bakwaas mat likhana warna report kar dungi ​

Answers

Answer:

[tex]\angle OPS = 142^\circ[/tex]

Step-by-step explanation:

Given

The attached rectangle

[tex]\angle QOR = 142^\circ[/tex]

Required

Determine [tex]\angle OPS[/tex]

[tex]\angle OPS = \angle QOR[/tex] --- vertically opposite angles

Hence:

[tex]\angle OPS = 142^\circ[/tex]

A math teacher has a number cube with faces numbered 1 through 6. He will roll the number cube 400 times. Which of the following ranges contains the best prediction for the number of times the number cube will land with a 1 or a 4 on the top face?

A. 30-35

B. 65-70

C. 130-135

D. 265-270

Answers

Answer:

Step-by-step explanation:

B?

if x varies inversely as y and x=2.5 when y = 40 , find y when x = 2

Answers

Answer:

2.5/40=2/y

2.5y=40x2

2.5y=80

y=80/2.5

y=32

I NEED HELP it's due today! Giving out BRAINLIEST & 30 POINTS!
~Rules~
a. SHOW WORK/CHECK ANSWER
b. NO FILES/LINKS
c. NO SILLY ANSWER
~Hocus Pocus

Answers

Answer:

see below

Step-by-step explanation:  5 20 21 02

There are 5 areas to calculate

Top  = LW          =  (20)(17)

Bottom  = LW    =  (20)(15)

Back  = LW        =  (20)(8)

2 Triangular Ends  = One square    = LW     =  (8)(15)

Total Surface Area = (20)(17) +  (20)(15) + (20)(8) +  (8)(15)

                  = (20)(17 + 15 + 8) +  (8)(15)

                  = (20)(40) + (8)(15)

                  =  800  +  120

                  =   920 ft²

the sum of 2 numbers is 65 and the difference is 7

Answers

Answer:

Hello There!!

Step-by-step explanation:

The answer is=>The sum is x + y = 65

The difference is x - y = 7 .....x = 7 + y

7 + y + y = 65

7 + 2y = 65

2y = 58

y = 29

x + y = 65

x + 29 = 65

X = 36

The Sum: 36 + 29 = 65

The Difference: 36 - 29 = 7

hope this helps,have a great day!!

~Pinky~

Answer:

36 and 29

Step-by-step explanation:

The sum of the two numbers is 65 and their difference is 7. What are the two numbers? Let's start by calling the two numbers we are looking for x and y.

The sum of x and y is 65. In other words, x plus y equals 65 and can be written as equation A:

x + y = 65

The difference between x and y is 7. In other words, x minus y equals 7 and can be written as equation B:

x - y = 7

Now solve equation B for x to get the revised equation B:

x - y = 7

x = 7 + y

Then substitute x in equation A from the revised equation B and then solve for y:

x + y = 65

7 + y + y = 65

7 + 2y = 65

2y = 58

y = 29

Now we know y is 29. This means that we can substitute y for 29 in equation A and solve for x:

x + y = 65

x + 29 = 65

X = 36

Summary: The sum of two numbers is 65 and their difference is 7. What are the two numbers? Answer: 36 and 29 as proven here:

Sum: 36 + 29 = 65

Difference: 36 - 29 = 7

If A = {2, 3, 4, 5} B = {4, 5, 6, 7} C = {6, 7, 8, 9} D = {8, 9, 10, 11}, find (A ∪ B) ∪ C

Answers

Answer:

(AUB)UC=2,3,4,5,6,7,8,9

put all these numbers inside curly bracket

Step-by-step explanation:

A triangle has angles with measures of (3x) (2x - 13)", and (5x+3).

What is the measure of the smallest angle in the triangle?

O A. 17°

O B. 190

O c. 25°

OD. 57°

Answers

Answer:

c. 25°

Step-by-step explanation:

Sum of angles in a triangle:

The sum of the measures of the angles of a triangle is 180º.

In this question:

Angles of 3x, 2x-13 and 5x + 3.

The sum is 180º. So

[tex]3x + 2x - 13 + 5x + 3 = 180[/tex]

[tex]10x - 10 = 180[/tex]

[tex]10x = 190[/tex]

[tex]x = \frac{190}{10}[/tex]

[tex]x = 19[/tex]

Measure of each angle:

3x = 3(19) = 57º

2x - 13 = 2(19) - 13 = 38 - 13 = 25º

5x + 13 = 5(19) + 3 = 95 + 3 = 98º

The smallest angle is 25º, and the correct answer is given by option c.

PLEASE HELP WILL MARK BRAINLYIST HELP

Answers

Easy it 7/8. Hope this help. Don’t forget to mark me as BRAINLYIST THANKS
Your answer is A. 1/8 gallons/daily
Explanation
1/2 divided by 4 = 1/8

Just trust me, and mark me brainliest ty

Have a nice day!

probability of an even number both times

Answers

Answer:

1/4

Step-by-step explanation:

The possible outcomes are :

1,2,3,4,5,6

We can see that there is a 3/6 (or 1/2) chance the outcome is even

Let E= odds of getting an even

we're looking for E∩E

Because each roll is independent of the last we can multiply to find their intersection

.5*.5= .25 or 1/4

y=x+5
please help me with this problem I'm really struggling to answer the question.​

Answers

Answer:12

Step-by-step explanation:just know i did it and got it right

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