find the value of 956$ deposited for 12 years in a account paying 6% anuale interest when it is...
1 compounded quarterly
2componded anualy

Answers

Answer 1

Answer:

1. $1953.572. $1923.66

Step-by-step explanation:

Compounded interest amount formula:

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

Given:

P = $956r = 6% = 0.06t = 12 yearsn = 4 and n = 1

1. Compounded quarterly

A = 956(1 + 0.06/4)^(4*12) = 956(1.015)^48 = 1953.57

2. Compounded annually

A =  956(1 + 0.06)^12 = 1923.66
Answer 2

Answer:

Answer:

1. $1953.57

2. $1923.66

Step-by-step explanation:

Compounded interest amount formula:

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

Given:

P = $956

r= 6% = 0.06

. t = 12 years

n = 4 and n = 1

1. Compounded quarterly

A = 956(1 + 0.06/4)^(4*12) = 956(1.015)^48 = 1953.57

2. Compounded annually

· A = 956(1+ 0.06)^12 = 1923.66


Related Questions

find the value of given expression

[tex] \sqrt{25 \times 2} \times \sqrt{50} [/tex]

Answers

the answer is fifty :)

It's easy 5th-grade math please solve the whole problem (the whole backside is the problem u can look I will mark the brainiest...

Answers

Answer:

which question is it? and please take the picture from the top.

Step-by-step explanation:

And Also will answer in the replies.

PLEASE HELPPPP FIND THE SURFACE AREA OF THE PYRAMID.

Answers

Answer:

4ft

Step-by-step explanation:

3(x+7) simplify the expressions

Answers

Answer:

3x+21

Step-by-step explanation:

you distribute the 3 which gives you 3x and 7x3 which is 21.

Answer:

3x + 21

Step-by-step explanation:

(3 × x) + (3 × 7)

3x + (3 × 7)

3x + 21

i will mark you brainiest if you can answer this

Answers

The answer is letter C

Answer:

D

Step-by-step explanation:

DESCRIBE what you would do to solve for the missing value in this problem. DO NOT SOLVE IT… just tell HOW you WOULD solve it.

?⋅35=2,380

Answers

Answer: divide by 35

Answer:

68

Step-by-step explanation:

Divide 2,380 by 35

It would by 68.

68 x 35 = 2,380

Solve each equation and match the solution.
e +8= 31

Answers

Answer:e=23

Step-by-step explanation:

e+8=31

8-31=23

In ΔCDE, the measure of ∠E=90°, the measure of ∠C=75°, and CD = 5.8 feet. Find the length of EC to the nearest tenth of a foot.

Answers

Answer:

1.5

Step-by-step explanation:

Please I need help ASAP

Answers

you just answer ths but here this might help

plz mark as brainliest

WILL GIVE BRAINLY!!!

Find the value of x. Round to the
nearest tenth.
9
4
O
X= | ?

Answers

tan = opposite / adjacent

tan x = 4/9

x = tan^-1 (4/9)

x = 23.9624....

x = 24.0

Answer:

66.03 so 70

Step-by-step explanation:

since hypotunees has no value it cancels.

aso it leaves with an adjacent and oppisite

using trig function you will get

tan(x)=(9/4)

inverse tan to get x on its own

(x)=tan^-1(9/4)

put that on the calculater and you will get the angle

therefore

(x)=66.04 round it the nearest ten which is

70

A construction company is preparing 10 acres of land for a
new housing community. The land contains large rocks that
need to be removed. A machine removes 15 rocks from 360
square feet of land.
1 acre = 43,560 square feet
About how many rocks will need to be removed from the 10
acres of land?

Answers

Answer:

A

Step-by-step explanation:

43560/360 = 121

131x15 = 1815 rocks per acre

1815 x 10 acres = 18150 rocks

. Find the slope of the line passing through the points (-3,5) and (7,6).

Answers

Answer:

Answer is in the photo below.

Slope= 0.1

Step-by-step explanation:

Help please
Brainiest answer to whoever is first

Answers

You see two rectangles and draw a line straight down making two rectangles

If the area of a circle is
7.7 cm2, what is the
circumference of the
circle? (I need a step-by-step answer for further understanding please!!)

Answers

Answer:

Since area =7.7

[tex]area = \frac{22}{7} {(r)}^{2} \\ {(r)}^{2} = 2.45 \\ r = 1.57[/tex]

Then the circumference is

[tex]c = 2pi\times r \\ = 2 \times 3.14 \times 1.57 \\ = 9.859[/tex]

Ellie invested $13,000 in an account paying an interest rate of 8.25% compounded
continuously. Daniel invested $13,000 in an account paying an interest rate of 8.5%
compounded daily. After 18 years, how much more money would Daniel have in his
account than Ellie, to the nearest dollar?

Answers

Answer:

Rate 1: 8

4

1

%=8+1/4=

8.25

%

0.0825

8.25%→0.0825

Rate 2:

8

1

2

%

=

8

+

1

/

2

=

Rate 2: 8

2

1

%=8+1/2=

8.5

%

0.085

8.5%→0.085

Calculate Final Amount for Ellie

Calculate Final Amount for Ellie

Calculate Final Amount for Ellie

Compounded Continuously:

Compounded Continuously:

A

=

P

e

r

t

A=Pe

rt

P

=

13000

r

=

0.0825

t

=

18

P=13000r=0.0825t=18

Given values

A

=

13000

e

0.0825

(

18

)

A=13000e

0.0825(18)

Plug in

A

=

13000

e

1.485

A=13000e

1.485

Multiply

A

=

57394.5504

A=57394.5504

Use calculator (with e button)

Calculate Final Amount for Daniel

Calculate Final Amount for Daniel

Calculate Final Amount for Daniel

Compounded Daily:

Compounded Daily:

A

=

P

(

1

+

r

n

)

n

t

A=P(1+

n

r

)

nt

Compound interest formula

P

=

13000

r

=

0.085

t

=

18

n

=

365

P=13000r=0.085t=18n=365

Given values

A

=

13000

(

1

+

0.085

365

)

365

(

18

)

A=13000(1+

365

0.085

)

365(18)

Plug in values

A

=

13000

(

1.0002329

)

6570

A=13000(1.0002329)

6570

Simplify

A

=

60025.6058

A=60025.6058

Use calculator

How much more money Daniel has:

How much more money Daniel has:

60025.6058

Rate 1: 8

4

1

%=8+1/4=

8.25

%

0.0825

8.25%→0.0825

Rate 2:

8

1

2

%

=

8

+

1

/

2

=

Rate 2: 8

2

1

%=8+1/2=

8.5

%

0.085

8.5%→0.085

Calculate Final Amount for Ellie

Calculate Final Amount for Ellie

Calculate Final Amount for Ellie

Compounded Continuously:

Compounded Continuously:

A

=

P

e

r

t

A=Pe

rt

P

=

13000

r

=

0.0825

t

=

18

P=13000r=0.0825t=18

Given values

A

=

13000

e

0.0825

(

18

)

A=13000e

0.0825(18)

Plug in

A

=

13000

e

1.485

A=13000e

1.485

Multiply

A

=

57394.5504

A=57394.5504

Use calculator (with e button)

Calculate Final Amount for Daniel

Calculate Final Amount for Daniel

Calculate Final Amount for Daniel

Compounded Daily:

Compounded Daily:

A

=

P

(

1

+

r

n

)

n

t

A=P(1+

n

r

)

nt

Compound interest formula

P

=

13000

r

=

0.085

t

=

18

n

=

365

P=13000r=0.085t=18n=365

Given values

A

=

13000

(

1

+

0.085

365

)

365

(

18

)

A=13000(1+

365

0.085

)

365(18)

Plug in values

A

=

13000

(

1.0002329

)

6570

A=13000(1.0002329)

6570

Simplify

A

=

60025.6058

A=60025.6058

Use calculator

How much more money Daniel has:

How much more money Daniel has:

60025.6058

57394.5504

60025.6058−57394.5504

2631.0554

2631.0554

$

2631

$2631

Round to the nearest dollar−

57394.5504

60025.6058−57394.5504

2631.0554

2631.0554

$

2631

$2631

Round to the nearest dollar

Step-by-step explanation:

ahaha please help. Find the area of the right triangle

Answers

Answer:

8 units

Step-by-step explanation:

Area of a triangle = 1/2 × base × height

= 1/2 × 8 ×2

= 8

4x-9=2x+5..solve for X..Help?

Answers

Answer:

x = 7

Step-by-step explanation:

4x - 9 = 2x +5        add 9 from both sides

4x = 2x +14            subtract 2x from both sides

2x = 14.                   divide both sides by 2

x = 7

Answer:

x = 7

Step-by-step explanation:

Rewrite equation

4x - 9 = 2x + 5

Add 9 on both sides

4x -9 +9 = 2x + 5 + 9

Simplify

4x = 2x + 14

Subtract 2x on both sides

4x - 2x = 2x + 14 - 2x

2x = 14

Finally divide both sides by 2

2x/2 = 14/2

x = 7

Hope this helps :)

A car travels 420 miles in 7 hours. If the rate remains the same, how far does it travel in 11 hours?
A. 660 miles
B. 480 miles
C. 270 miles
D. 60 miles

Answers

Answer:

A. 660 miles

Step-by-step explanation:

420 ÷ 7 = 60 60 x 4 = 240 240 + 420 = 660

Add the mixed number fractions. Simplify, if possible.



3 1/4 + 3 5/8 =

Answers

Answer:

6 7/8

Step-by-step explanation:

A sector of a circle has a central angle measure of 300°. The diameter of the circle is 26 centimeters.
What is the approximate area of the sector?

Plss helpppp I need it now

Answers

The formula is
SA=x/360 multiplied by pi multiplied by the squared radius
So therefore you substitute the values you have into the equation so:
SA= 300/360 x pi x 13 squared (radius is half of diameter so half of 26 is 13)
Therefore the answer should be
442.440
442.4 to one decimal place

Plz help fast will mark the brainiest!!!

Answers

3x10^-6 is the answer

PLEASE HELP IM TERRIBLE AT PERCENTAGES!!!​

Answers

Answer:

sory bro i saw this question but i dont know answer

24%
Add all values together, since your finding percentage of pink flowers you’ll do 20/82 which will get you the decimal 0.24 which is 24%

What is the value of x if 5^ x+2 =5^ 9 ? O x = - 11 O x = - 7 x = 7 x = 11 O O

Answers

Answer:

Step-by-step explanation:

5ˣ⁺² = 5⁹

log₅(5ˣ⁺²) = log₅(5⁹)

x+2 = 9

x = 7

Teresa has some photos on her computer on Monday. On Tuesday, she downloads 24 new photos. Then she delets 9 photos. She ends up with 33 photos. Explain how the equation p+424-9=33 represents the situaton. Then solve the equation for the variable p and interpret the solution.

Answers

Answer:

Teresa had 18 photos on her phone on monday

Step-by-step explanation:

Monday: 18

Tuesday: 42

42 - 9 = 33

plz help me my teacher is gonna come in 5 minutes and if she finds me on this imma get suspended

Answers

Answer:

42

Step-by-step explanation:

42 i think

maybe 5

.....................

HELP ME?!?!?
Jamie is making a mosaic out of tiles cut in the shape of equilateral triangles. What is the perimeter of each triangle?

Answers

Answer:

its 3 inches

Step-by-step explanation:

Because 9 divided by 3 is 3 (in.) as well as 6 divided by 2 and if its equilateral, all sides are the same (i hope this makes sense)

Answer:

3 inches because you split the 2 bottomed ones 3 in for both 6

Please Help Again lol

Answers

Answer:

1 and 3 I think

Step-by-step explanation:

Home help plz really appreciate it!!!!!

Answers

Answer:

angle AGE=113.5

Step-by-step explanation:

3x-28=66-x

4x=94

x=23.5

23.5+90=113.5

Answer: 113.5° is 100% the correct answer.

Step-by-step explanation:

Okay so, I have a crush and she likes me back. What should I do?

Answers

Ask her out of course

Answer:

Ask her out and make her the happiest girl in the world.

Please help me solve the algebraic expressions

Answers

[tex] \frac{ 36+{w}^{2}x}{4w} [/tex]

[tex] \frac{ {d}^{3} + 6 }{3 {d}^{2} } [/tex]

[tex] \frac{2 {m}^{3} - 27}{12m} [/tex]

[tex] \frac{ {x}^{5} - 2 }{w {x}^{2} } [/tex]

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