How much money would you need to deposit at 7% annual interest compounded yearly to have $10,000 in the account at the end of 5 years? Round to the nearest cent.

Answers

Answer 1

The account balance after five years will be $10355.

What is compound interest?

The interest that is paid on the principal and interest at regular intervals is known as compound interest. The difference between compound interest and simple interest starts to show after the first year, though.

The formula to calculate the compound interest is given below;-

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

Given that deposit at 7% annual interest compounded yearly to have $10,000 in the account at the end of 5 years.

The account balance after five years will be:-

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

[tex]A = 10000 ( 1+\dfrac{0.07}{1})^{5}[/tex]

A = 10000 x ( 1.07)⁵

A = $10355

Hence, the amount will be $10355.

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Related Questions

Francesca had 32 cups of flour. She used 2/8 of the flour for a recipe. How much flour did Francesca use? Write an equation to model your work.

Answers

Answer:

8 cups of flour

Step-by-step explanation:

If you want an equation it will be:

[tex]\frac{2}{8} * \frac{32}{1} = \frac{64}{8} = 8[/tex]

So Francessa used 8 cups of flour

a. three times the total number of adults was 17 less than the number of children who visited the petting zoo. write an equation to model this relationship.

Answers

If the 3 times of total number of adults was 17 less than number of children who visited the petting zoo , then the equation to model this relationship is written as c = 3a + 17   ;

let the number of children in the petting zoo be = c ;

and the number of adults in the petting zoo is = a ;

given that the the number of children are 3 times the number of adults ;

that means ⇒ c = 3a ;

and also given that the difference between the number of children and number of adults is 17 .

This situation can be represented as :

⇒ c - 3a = 17 ;

⇒ c = 3a + 17 .

Therefore , the equation to model this relationship is "c = 3a + 17" .

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what is the answer to this question

Answers

Answer:82 cm squared

Step-by-step explanation:

Just draw imaginary lines on the shape to turn it into a bunch of squares and rectangles, then find the area of those and add them together.

Kinda hard to explain since there are multiple ways to do it, but I hope that this still helps!

Find the image of (-1,3) obtained by translating 2 units down, followed by a rotation of 270 counterclockwise about the origin.

Answers

The image of the point (-1, 3) is (1, 1).

What is Translation?

A translation is a transformation that moves every point in a figure the same distance in the same direction.

For example, this transformation moves the parallelogram to the right 5 units and up 3 units. It is written ( x , y ) → ( x + 5 , y + 3 ) .

Given:

Pint( -1, 3).

Translating unit = 2 units down

According to the 270°-counterclockwise rotation [90°-clockwise rotation] rule, you take the y-coordinate, move it to your new x-coordinate, and then take the opposite of the x-coordinate and set it as your new y-coordinate:

Extended Rotation Rules

270°-clockwise rotation [90°-counterclockwise rotation] = (x, y) → (-y, x)

270°-counterclockwise rotation [90°-clockwise rotation] =(x, y) → (y, -x)

and, 180°-rotation = (x, y) → (-x, -y)

Thus, the 270°-counterclockwise rotation [90°-clockwise rotation] will be

[-1, 1] moves to [1, 1].

Hence, the translation is (1, 1).

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1. Gerald works 18 hours each week. He earns $10 per hour. Write an expression to find how much Gerald earns in 1 week. Write an expression to find how much Gerald earns in 4 weeks.​ PLS HURRY!!!

Answers

The expression for the amount earned in one week per hour is 18 x $10

The expression for the amount earned in four weeks is 18 x $10 x 4

What are the expressions?

An expression is when numbers or letters are connected together by a mathematical operation without an equal to sign. An example of an expression is a + 3b.

The amount earned in one week = total number of hours worked in a week x amount earned per hour

18 x $10

The amount earned in four weeks = total number of hours worked in a week x amount earned per hour x 4

18 x $10 x 4

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A circle has a circumference of 36 cm. What is the length
of an arc that has a measure of 190°?

Answers

The length of an arc that has a measure of 190° is equal to 9 cm.

How to calculate the length of an arc?

In Mathematics, if you want to calculate the length of an arc formed by a circle, you will divide the central angle that is subtended by the arc by 360 degrees and then multiply this fraction by the circumference of the circle.

Mathematically, the length of an arc formed by a circle is given by:

Length of an arc = 2πr × θ/360

Length of an arc = C × θ/360

Where:

r represents the radius of a circle.C represents the circumference of a circle.θ represents the angle subtended by the arc.

Substituting the given points into the length of an arc formula, we have the following;

Length of an arc = 36 × 90/360

Length of an arc = 36 × 1/4

Length of an arc = 9 cm.

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We want to know how a tudent’ level of education and their gender impact both their annual income and amount of tudent loan debt. However, we want to account for the annual income of the tudent’ parent a well. So which Statitical Tet are you going to ue?

Answers

The best statistical test to be used is multiple linear regression analysis.

Multiple linear regression is a statistical method that allows you to examine the relationship between two or more independent variables (in this case, level of education, gender, and annual income of the student's parents) and one dependent variable (annual income and student loan debt).

It will help you determine how much of the variation in the dependent variable is explained by the independent variables, and the strength and direction of the relationships between the variables.

In this case, this test will allow us to determine the impact of a student's level of education, gender, and the annual income of their parents on their annual income and student loan debt while accounting for the possible confounding effect of the annual income of their parents on these variables.

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A peron i remodeling the front entrance to hi home and need to cut an arch for the top of an entranceway. The arch need to be 18 ft wide and 3 ft high. To draw the arch, he will ue tring with chalk attached at an end a a compa.

Answers

The person will have to place the compasses 6 feet away from the point they want the arch to start, and draw the arch with a radius of 9 feet.

The radius of the arch is 9 feet.

The formula for calculating the radius of an arch is [tex]R = (width / 2) / sin(90°)[/tex].

Therefore, the radius of the arch is:

R = (18 ft / 2) / sin(90°) = 9 ft

To calculate the radius of the arch he needs to draw, the person can use the formula R = (width / 2) / sin(90°). In this case, the width of the arch is 18 feet, so the radius of the arch is 9 feet, calculated as R = (18 ft / 2) / sin(90°). The person will have to place the compasses 6 feet away from the point they want the arch to start, and draw the arch with a radius of 9 feet.

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A 4-pack of coffee mugs costs $2.20. What is the unit price?

Answers

Answer:

The unit price for a coffee mug is $0.55.

Step-by-step explanation:

The unit price is simply just the price per unit.

We have a 4-pack of coffee mugs that costs $2.20.

He have 4 units and the price per 4 units.

Lets evaluate the price per 1 unit.

[tex]\frac{2.20}{4} =\frac{x}{1}[/tex]

Lets solve for [tex]x[/tex].

Divide [tex]x[/tex] by 1.

[tex]x=\frac{2.20}{4}[/tex]

Divide 2.20 by 4.

[tex]x=0.55[/tex]

Which line is parallel to the line y=12x+5

Answers

is there like a picture or something ? kinda need more info to solve

Find an equation of the plane passing through (0, -3,1) that is orthogonal to the planes 3x + 2y - 4z = 0 and - X+ 2y + 4z = 7.

Answers

The equation of the plane passing through (0, -3,1) that is orthogonal to the planes 3x + 2y - 4z = 0 and - X+ 2y + 4z = 7 is 16x - 8y + 8z = 32

We know that the equation of plane passing through point (x₁, y₁, z₁) is given by,

A(x - x₁) + B(y - y₁) + C(z - z₁) = 0

where, A, B, and C are direction ratios

In the question,  the plane passes through point (0, -3,1)

Let (x₁, y₁, z₁)  = (0, -3,1)

Using above formula the equation of the plane will be in the form,

A(x -0) + B(y - (-3))+C(z - 1) = 0            

Ax + B(y + 3)+C(z - 1) = 0                   ..........(1)

The required plane is orthogonal to the planes 3x + 2y - 4z = 0 and - X+ 2y + 4z = 7.

So, their normal to the required plane would be perpendicular to the normal of both the planes.

The normal to the required plane is a cross-product of the normals of planes.

A cross-product of the normals of planes 3x + 2y - 4z = 0 and - X+ 2y + 4z = 7 is 16i - 8j + 8k

So, the direction ratios,

A = 16, B = -8, C = 8

So equation (1) becomes,

16x - 8(y + 3) + 8(z - 1) = 0  

16x - 8y - 24 + 8z - 8 = 0

16x - 8y + 8z - 32 = 0 is the required equation of the plane

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Can someone just help explain one of the problems and I’ll try the rest? Thank you!

Answers

Okay so basically to answer these, you need to distribute ! Let’s do the first one !

So we have 6(s-9)

Since the 6 is outside the parenthesis, you need to “distribute” it, meaning you’re going to multiply 6 by everything that is in the parenthesis.

So 6 times s is 6s (: and 6 times -9 is -54

So your final answer will be 6s-54


For the second problem, it’s the same thing. Multiply the 12 with everything else.

So 12 times 6 is 72 and 12 times -k is -12k

So your answer for the second one is going to be 72-12k (:

Let me know if you need help with the rest !

hEEEELLLLLPPPPPP

Select all of the terms that apply to the shape.




hexagon
convex
irregular polygon
octagon
decagon
concave
heptagon
pentagon
regular polygon
nonagon
the shape is a arow pointing up and downn

Answers

Pentagon, irregular polygon and convex polygon are the names that apply to the given form.

What is a polygon?

A polygon is a two-dimensional flat form with straight, completely closed sides. Straight, not curved, sides are required. Polygons, on the other hand, can have any number of sides.

A pentagon is a polygon with five sides, and if these sides are uneven, it is an irregular pentagon, also known as an irregular polygon.

A convex polygon is one with all of its internal angles smaller than 180°.

As a result, the terms for the given form are pentagon, irregular polygon, and convex polygon.

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The question seems incomplete, the missing figure has been attached below

Use benchmarks to estimate 11.47 + 9.02

Answers

Step-by-step explanation:

11.47 + 9.02

= 20.49 ...

[its takes so much time to solve and write here so plzzz =]

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7. The cost of half a dozen candles is R30. What is the cost of one candle?​

Answers

Answer: 5R

Step-by-step explanation:

Half a dozen =6 pieces

R30/6=5R

How much is one dozen?

One dozen is equal to 12, so one half of a dozen is 6.

If 6 candles are priced at R30, we can divide R30 by 6 to get the cost of 1 candle.

30 ÷ 6 = 5.

Therefore, each candle costs R5.

Please answer this edpuzzle! PLEASE! Whoever answers it first, I will mark you brainliest.

Answers

The simplified algebraic expression for this problem is given as follows:

5x + 2y + 11.

How to simplify the algebraic expression?

The algebraic expression for this problem is defined as follows:

9x + 2y + 3 - 4x + 8.

To simplify the expression, we combine the like terms, which are the terms that have the same unknown variable, hence:

9x - 4x = 5x.2y.3 + 8 = 11.

Hence the simplified algebraic expression for this problem is given as follows:

5x + 2y + 11.

Meaning that the third option is the correct option.

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7. Segment MN has endpoints at M(-12,-5) and N(8, 10). A third point Q is located on MN such that MQ:ON=2:3. Answer the following questions. (a) Find the coordinates of Q. Show how you arrived at your answer.​

Answers

Answer:

To find the coordinates of Q, we can use the concept of proportional division of line segments.

Given that MQ:ON = 2:3, it means that the ratio of the length of MQ to ON is 2:3.

Let's first find the vector that represents the direction of MN, which is the vector pointing from M to N. We can find this by subtracting the coordinates of M from the coordinates of N:

(8,10) - (-12,-5) = (20, 15)

This is the vector <20,15>

Now, we can find the point Q, which is located two thirds of the way from M to N, by multiplying the vector <20,15> by 2/5 and adding the result to the coordinates of M:

Q = M + (2/5) * <20,15>

= (-12,-5) + (2/5) * <20,15>

= (-12,-5) + <8,6>

= (8,1)

So, the coordinates of Q are (8,1)

a) The average of daily income of a plumber from Sunday to Friday is Rs 1,300 in the last week. If he earned Rs 2,000 on Saturday, find his average of daily income of the week.​

Answers

Answer: To find the average of daily income of the week, we need to find the total income of the week and divide it by the number of days in the week.

We know that the average daily income of the week is Rs 1,300 and we know that he earned Rs 2,000 on Saturday. To find the total income for the week, we can add the Saturday income to the average daily income for the 6 days.

Therefore, the total income for the week = Rs 1,300 (average daily income) x 6 (days) + Rs 2,000 (Saturday income) = Rs 7,800 + Rs 2,000 = Rs 9,800

To find the average daily income for the week, we divide the total income by the number of days in the week (7)

Average daily income = Rs 9,800 / 7 = Rs 1,400

Therefore, the average daily income of the plumber for the week is Rs 1,400.

Step-by-step explanation:

An initial investment is $9565. It grows at a rate of 4% a year. Interest is compounded yearly. What is the value after 10 years? Round your answer to the nearest penny.

Answers

The future value of the investment after 10 years is $14,158.54.

What is the future value?

The future value refers to the value of an investment whose present value is compounded at an interest rate into the future.

We can compute the future value using an online finance calculator as below.

N (# of periods) = 10 years

I/Y (Interest per year) = 4%

PV (Present Value) = $9,565

PMT (Periodic Payment) = $0

Results:

Future Value (FV) = $14,158.54

Total Interest = $4,593.54

Thus, in 10 years, the initial investment of $9,565 at 4% a year will grow to $14,158.54.

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If 8; 2x; 2y forms an arithmetic sequence and 2x ; 2y; 36 forms a geometric sequence determine the values of x and y. Arithmetic and Geometric Series​

Answers

Answer:

36

Step-by-step explanation:

An arithmetic sequence is a sequence of numbers in which the difference between any two consecutive terms is constant. A geometric sequence is a sequence of numbers in which any two consecutive terms have a constant ratio.

Given that 8, 2x, 2y is an arithmetic sequence, we know that:

2x - 8 = 2y - 2x

x = y

Given that 2x, 2y, 36 is a geometric sequence, we know that:

(2y)/(2x) = 36/2y

y^2 = 36x

Now, we can use the first equation to substitute for y in the second equation, and get:

x^2 = 36x

x^2 - 36x = 0

x(x-36) = 0

So x = 0 or x = 36

However, x cannot be equal to zero because in that case the second term of the arithmetic sequence will be zero, and it will not be a valid solution. Therefore, x = 36.

So, y = x = 36.

Therefore, the values of x and y are 36.

The equation m = 40g gives the distance in miles, m, that a car can travel using g gallons of gas.
a. If the car has gone 140 miles, how much gas was used? Show your thinking.

b. Write an equation that represents the inverse function: the gallons of gas as a function of distance in miles

Answers

a)

g = m / 40

g = 140 /40

g = 3.5

b)

m = 40g

m / 40 = g

Ms. Lambert took her family to Pimento Garden on Sunday for dinner. The total bill was $73.25, and she wanted to leave an 18% tip. How much
money should she leave for the tip? *Make sure your answer rounded to correct money form.

Answers

Answer: The answer is $13.19.

Step-by-step explanation:

1- Turn the percentage into a decimal by moving the percent sign twice to the left.

2- Multiply the bill by the decimal.

3-youll get 13.185 so you'll round up to 13.19.

hope this helps!!

Evaluate 0.0007 multiplied by 100

Answers

Answer:

0.07

Step-by-step explanation:

[tex]0.0007*100=0.07[/tex]

Basically, you move the 7 two places to the left since 100 has 2 zeroes.

PLEASEEEEEEEEEE HELPPPP

Answers

The expression for the cost of gasoline and oil will be C. 3.35c + 2.65g

How to calculate the expression?

An expression is simply used to show the relationship between the variables that are provided or the data given regarding an information. In this case, it is vital to note that they have at least two terms which have to be related by through an operator.

In this case, it should be noted that Joe bought g gallons of gasoline and c cans ofg oil. The prices were givn as well.

The expression for the cost of gasoline and oil will be:

= 3.35 × c + (2.65 × g)

= 3.35c + 2.65g

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What is square root 25x²y^2/square root xy in simplest form? Assume X>o and y>0.

Answers

50xy, the square root of x and y

the 140 employees in a factory are either right handed or left handed

Answers

The frequency table is given below.

The probability that a person chosen is a left-handed female is 31/140.

What is an expression?

An expression is a way of writing a statement with more than two variables or numbers with operations such as addition, subtraction, multiplication, and division.

Example: 2 + 3x + 4y = 7 is an expression.

We have,

Total number of employees = 140

Male:

Number of male = 65

Right-handed.

= Total number of right-handed - Female right handed

90 - 44 = 46

Left-handed.

= 65 - 46

= 19

Female:

Number of females.

= Total employees - Number of males

= 140 - 65

= 75

Right-handed.

= 75 - 31

= 44

Left-handed.

= 31

Now,

The frequency table.

                                            RH = 46

                                            LH = 19

           Male = 65    

140

          Female = 75  

                                             RH = 44

                                              LH = 31

Now,

The probability that a person is a left-handed female.

= Number of left-handed females / Total number of employees

31/140

Thus,

The frequency table is given above.

The probability that a person is a left-handed female is 31/140.

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you have invited 86 people to a meeting. of those people, 12 from the north cannot attend, 4 from the south cannot attend, 6 from the east cannot attend, and 12 from the west cannot attend. how many people should you expect to attend the meeting?

Answers

You should expect fifty two (52) people to attend the meeting!

Is figure B a scale factor of figure A What is x

Answers

Answer:

Step-by-step explanation:

Step 1:

Make a proportion:

10/5 = 22/x

Step 2:

Cross multiply:

10x=22*5

10x=110

Step 3:

Divide by 10 to isolate x:

x=11

I WILL GIVE BRAINLIEST HELPPPPPPP


Answers

Answer:

sorry I want to help you but I can't sorry

Step-by-step explanation:

i don't know how to solve this

Assuming all the workers employed at the beanbag factory are of equal ability,

what might the beanbag factory do to address the diminishing marginal returns it

experiences after the hire of its third worker?

A. Fire the manager.

B. Invest in more equipment.

C. Hire more workers.

D. Wait for its workers to improve.

Answers

Assuming all the workers employed at the beanbag factory are of equal ability, the beanbag factory invest in more equipment to address the diminishing marginal returns it experiences after the hire of its third worker. So the option B is correct.

It is assumed that all of the factory's employed employees have the same level of skill. Additionally, it must follow that if they are working to their maximum ability, they will be able to accomplish the same amount of work as before.

Since the third man was hired, the quantity of work the three of them have completed has decreased, making it clear that he is to blame for the diminishing returns.

Therefore, it seems sense to fire the individual since he is either not performing to his full capacity or encouraging other employees to do the same.

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Which of the following provide guidance for users trying to understand unique governmental reporting issues?A GASB InterpretationsB FASB StatementsC GASB Concepts StatementsD AICPA Audit Guides harold, tanya, and ulysses paint a very long picket fence. harold starts with the first picket and paints every h th picket; tanya starts with the second picket and paints every t th picket; and ulysses starts with the third picket and paints every u th picket. call the positive integer 100 h 10 t u paintable when the triple ( h , t , u ) of positive integers results in every picket being painted exactly once. find the sum of all the paintable integers. (2002, The individual who works on literary and historical issues with the artistic team is the group of answer choices O director O producer O stage manager O dramaturg HELPPPPPPPPPPPPPPSSSSSSSSSSSS dan koshland suggested the induced-fit mechanism for enzymes. which of the following cartoons illustrates the induced-fit hypothesis of enzyme-substrate interaction? Three players scored a total of 70 points during a basketball game. Janscored twice as many points as Tritt and ten points fewer than Sarah. Let xrepresent the number of points that Jan scored. Which equation could beused to solve for the number of points that Jan scored in the game?Ox+(0.5x)+(x+10) = 70O 0.5x+(x+10) = 70O 3x = 70Ox+(x+10)+2x = 70 2. What is a way to limit the power of government and protect the rights ofcitizens? c. using the ten-year gdp growth data in the table, explain one way that membership in asean will affect the quality of life for citizens in member states. Factor.5x + 257m +42 why are fossils of bacteria so rare in the fossil record? what legal term is used in describing sexual harassment in reference to unwelcome sexual advances, request for sexual favors, and verbal or physical conduct of a sexual nature made in return for job benefits? A traffic light at a certain intersection is green 55% of the time, yellow 10% of the time, and red 35% of the time. A car approaches this intersection once each day. Let Y denote the number of days up to and including the third day on which a red light is encountered. Assume that each day represents an independent trial. Find P(Y=7) Find the mean of Y Find the Variance of Y calculate the second and third viraial coefficients( b and c) for a gas obeying the van der waals equation What is the value of x? what does the body do when blood sugar gets too low? (a) determine the volume of traffic across the bridge. (b) if a toll of 25 cents is added, what is the volume across the bridge? (c) a tollbooth is to be added, thus reducing the travel time to cross the bridge. the new cost function is c 50 0.2v. determine the volume of traffic that would cross the bridge. (d) determine the toll to yield the highest revenue for demand and supply function in part (a) and the associated demand and revenue. believe that schools perpetuate class, racial/ethnic, and gender inequalities by reinforcing the privileged position of some at the expense of others. group of answer choices functionalists symbolic interactionists conflict theorists postmodern theorists Evaluate : 2 (x-4) + 3x - x^2 for x = 3.A. 6B.- 6C. 2D. -2 f zinc replaces iron, iron replaces lead, and zinc replaces lead in a chemical reactions, the order of activity from most active to least active is Having a written code of law is called