if 11600 dollars is invested at an interest rate of 10 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent.

Answers

Answer 1

The compound interest after 5 years is $7,081.916.

Compound interest:

Compound interest is when you earn interest on both the money you've saved and the interest you earn.

Here we have to find the interest earned after 5 years.

Data given:

Principle (P) = $11600

rate(r) = 10%

time(t) = 5 years.

Formula to find compound interest:

CI = P( 1 + r/100[tex])^{t}[/tex] - P

Now put the values in the formula.

CI = 11600 ( 1 + 10/100[tex])^{5}[/tex] - 11600

  = 18681.916 - 11600

  = 7081.916

Therefore the compound interest is $7081.916.

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Related Questions

Evaluate f(x)=2x^2+5x-17 find f(-1)

Answers

Answer= -20
f(x)= 2x^2 + 5x - 17,
f(-1)
Let x = -1
f(-1)= 2 *(-1)^2 + 5(-1) - 17
= 2 *1 -5 -17
= 2 -22
= -20

Find the equation of the line that passes through the point (-4, 11) and is perpendicular to the following line.

y= -2/3x -7

Answers

The equation of a line perpendicular to y = (-2/3)x - 7 is  y = (3/2)x + 17.

What are lines and their slopes?

We know lines have various types of equations, the general type is

Ax + By + c = 0, and the equation of a line in slope-intercept form is

y = mx + b.

Where slope = m and b = y-intercept.

the slope is the rate of change of the y-axis with respect to the x-axis and the y-intercept is the (0,b) where the line intersects the y-axis at x = 0.

We know lines perpendicular to each other have slopes that are negative reciprocals of each other.

So, the slope of the perpendicular line to the given line y = (-2/3)x - 7 is (3/2)

which passes through the point (-4, 11) is,

11 = (3/2)(-4) + b.

b = 11 + 6.

b = 17.

∴ y = (3/2)x + 17 is our required line.

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Write the equation of the line that passes through the points (7, 4) and (-5, 4). Put
your answer in fully simplified point-slope form, unless it is a vertical or horizontal
line.

Answers

Answer:

y = 4

Step-by-step explanation:

note that the y- coordinates of the 2 points are equal, both 4

This indicates that the line passing through them is horizontal with equation

y = c ( c is the value of the y- coordinates the line passes through ), then

y = 4 ← equation of line

Solve for x. x = -x

not possible
0
1
-1

Answers

0 could possibly be the answer

Lauren is working furiously to knit scarves and beanies for a craft fair next weekend. Yesterday she completed 3 scarves and 1 beanie, using a total of 23 yards of yarn. The day before, she used 27 yards to knit 3 scarves and 3 beanies. Assuming Lauren is using the same pattern and type of yarn for each scarf and beanie, how much yarn does each project require?​

Answers

Answer:

Step-by-step explanation:

9

F(x)= 5x and g(x)= 5x + 3 graph

Answers

Answer:

F

5

x

+

3

=

25

x

+

15

Ayana lives 900 meters from his school in India Eva lives 2000 feet from her school in United States who lives closer to their school

Answers

Ayana lives 2952 feet away from his school and Eva lives 2000 feet away, Thus Eva lives closer to school.

What is ratio?

Ratio basically compares quantities, that means it show value of one quantity with respect to other quantity.

If a and b are two values, their ratio will be a:b,

Given that,

In India, Ayana lives 900 meters from his school,

And in United Sates Eva lives 2000 feet from her school.

Since,

1 meter = 3.28 feet

900 meter = 2952 feet

Here, distance of Ayana from her school is 2952 feet and distance of Eva from her school is 2000 feet.

Therefore, Eva lives closer to their school.

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You buy a stock for $100. In one year its price rises to $114, and it pays a $1 dividend. Your capital gains yield is _____

Answers

Answer:

Step-by-step explanation:

$13

Find the slope of the line.

Answers

Answer:

-2

Step-by-step explanation:

You do "rise" over "run" (in this case, the rise is actually down)

so -2 "rise"

1 "run"

identify the explanatory variable and the response variable. a teacher wants to determine if the amount of homework given to her students can be used to predict the students' test scores.

Answers

]]The explanator variable is amount of homework given and the response variable is student's test score.

Variable:

In math variable is an alphabet which is used to represent the unknown number.

Given,

A  teacher wants to determine if the amount of homework given to her students can be used to predict the students' test scores

Here we need to identify the explanatory variable and the response variable

While we looking in to the given situation, the we have identified that the two variables are used here is,

=> homework given.

=> Test score

While analyzing the variable we have identified that the explanatory variable defines the situation so it is homework given and the response variable defines the result of the scenario that is the students score.

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Solve the quadratic equation: 3x2 − 3x − 3 = 0

Answers

Here is the solution

brayden was a 60% free throw shooter last season. he practiced all through the off-season and has made 12 of the first 16 free throws this season. based on his performance and the results of the simulation, is there convincing evidence that brayden has improved his free-throw percentage? explain.

Answers

Yes , there is convincing evidence that Brayden has improved his free-throw percentage when compared to previous year.

Brayden made 60 % free throws last year

P(Making  free throw last year) = 0.6

This year,

X% of 16 = 12

X/100 * 16 =12

75%

therefore, this year

P(Making  free throw this year) = 7.5

This clearly shows that he improved his free throw percentage compared to last year.

Probability means possibility. It is a branch of mathematics that deals with the occurrence of a random event. The value is expressed from zero to one.

Probability has been introduced in Maths to predict how likely events are to happen. The meaning of probability is basically the extent to which something is likely to happen. This is the basic probability theory, which is also used in the probability distribution, where you will learn the possibility of outcomes for a random experiment.

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When 9 is multiplied by 2/3 the product will be between 2/3 and 9

Answers

The required product will be 6 when 9 is multiplied by 2/3.

What is the Multiplication operation?

In mathematics, Multiplication operations perform Multiplying values on either side of the operator.

For example 4×2 = 8

We have to determine whether the product will be between 2/3 and 9

As per the given question, we have

2/3 and 9

⇒ 2/3 × 9

Apply the multiplication operation,

⇒ 18/3

Reduce the above fraction into the simplest form, and we get

⇒ 6

Thus, the required product will be 6 between 2/3 and 9.

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1. Which of the following describes this function?
OIt is a linear function, and it is decreasing.
O it is not a linear function, and it is constant.
OIt is not a linear function, and it is decreasing
It is a linear function, and it is increasing

Answers

It is a linear function, and it is decreasing

what is the product of 5/6 x 2/3

Answers

5/9

5x2=10
6x3=18
simplify: 10/18=5/9

for the following 3 questions: a study obtained data on the amount of time 28 randomly selected high school students and 31 randomly selected college students spend on their cell phones each day. the investigator is interested in determining whether there is evidence that the amount of time students spend on their cell phone is different between high school and college Let H= time spent on phone by high school students; C= Time spent on phone by college students; and d=H−C
The data are not paired because: o All of these are true o Each element in a sample is measured once: time spent on cell phone o The conclusion pertains to the difference of two independent population means o There are two samples

Answers

The correct answer is

H₀ : μh - μc = 0

H₀ : μh - μc ≠ 0

Given that,

Regarding the subsequent 3 inquiries: A study collected information on how much time 28 randomly chosen high school students and 31 randomly chosen college students spent each day on their cellphones. The researcher is interested in learning whether there is proof that students use their phones for varying amounts of time in high school and college.

Because the samples of college and high school students are independent, the independent samples t-test should be utilized.

The study's research (Claim) aims to ascertain whether students' cell phone usage patterns alter between high school and college.

For the independent samples t-test and the stated claim, the proper null and alternate hypotheses are,

H₀ : μh - μc = 0

H₀ : μh - μc ≠ 0

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The proper null and alternative hypotheses are

[tex]H_{0}[/tex] : μh = μc

[tex]H_{A}[/tex] : μh - μc

The study's research wants to ascertain whether difference between the time spent by high school students and college students.

The actual test begins by considering two hypothesis i.e. null hypothesis and alternative hypothesis.

Let, H= time spent on the phone by high school students;

C= Time spent on the phone by college students; and

d=H−C

For the independent samples t-test and the stated claim, the proper null and alternate hypotheses are,

[tex]H_{0} :[/tex] μh = μc  (time spent by high school students is equal to college students)

[tex]H_{A} :[/tex] μh - μc  (difference between the time spent by high school students and college students)

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The value of a house has been increasing by $5000 each year. Write an equation to show how the value will have changed x years from now.

y=(?)x ​

Answers

Answer: y=(1x)^x + 5000

Step-by-step explanation:

So the original equation is y=mx + b

And we know that each year the house increase by 5000, so the b is 5000

For the x which is the slope, we don't know what the slope is so we just say it as x and the ^x is for the number of years, let's say 3 years then it is ^3 and keep increasing like that up.

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Albert built a square chicken coop with 6−foot sides.

Area of chicken coop =

Answers

Answer: 36 ft

Step-by-step explanation:

should I eat a cough drop?

Answers

Answer: Yes

Step-by-step explanation: Because that candy will help your throat feel better!

5. For problems A-E, write the converse, inverse, and contrapositive statements based on the given
conditional statement.
A. If I own a dog, then I own an animal.
Converse:
Inverse:
Contrapositive:
B. If I go to be early, then I sleep well.
Converse:
C.if this is Thursday, then I do not go to church.
Converse:
Inverse:
Converse:
D. If today is Wednesday, then yesterday was Tuesday.
Converse:
Inverse:
Converse:
E. If 5X equals 10, then X equals two.
Converse:
Inverse:

Answers

Answer:

Step-by-step explanation:

Conditional Statement: If it is a beagle, it is a dog.

Converse: If it is a dog, it is a beagle. This is a false statement, since a dog can be any other breed (ex. Pomeranian).

Inverse: If it is not a beagle, it is not a dog. Again a false statement, since if it is a different breed, it is a dog despite not being a beagle. For example, it could be a Pomeranian.

Contrapositive: If it not a dog, it is not a beagle. This is true, since if something is not a dog, it won't be any particular breed of dog either (and it won't be a beagle).

How do you multiply powers with different bases but the dame exponent?​

Answers

Answer:

Step-by-step explanation:

First, multiply the bases together. Then, add the exponent. Instead of adding the two exponents together, keep it the same. This is because of the fourth exponent rule: distribute power to each base when raising several variables by a power.

in its simplest form, kanban consists of a whiteboard divided into multiple columns. what are they titled?

Answers

The correct option for whiteboard of the Kanban are-

b) Planned; e) Done; f) WIP

Explain the term Kanbanboard?

The work that needs to be done, that work that is being done, and the work that has been finished are all displayed on a Kanban Board.

It's a graphic representation of a person's, a team's, or a department's value stream, which has been diagrammed on a board, a wall, or specifically designed Kanban software.The purpose of the Kanban technique applied to knowledge management is the same as it was in manufacturing even though it was developed as a stock management tool in Toyota manufacturing: better visualize work, restrict work progress, optimize flow, and uncover improvement opportunities.

Thus, the more visible a Kanban board is, the better; optimum outcomes are likely to be achieved when a team can always see it.

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The complete question is-

In its simplest form, Kanban consists of a whiteboard divided into multiple columns. What are they titled?

a) In Queue

b) Planned

c) Opened Ticket

d) Delayed

e) Done

f) WIP

which is the solution to dis system of equations
x+y=3
x-y=-3

Answers

Answer:

Step-by-step explanation:

You are going to want to use the substitution method to solve. Substitute the given value of x (which is x=-3+y) into the equation x+y=3. Now solve the equation for y.You get y = 3. Plug in 3 for x in the other equation. You get x-3=-3 ---> x = 0.

So x = 0, y = 3

Which of these tables (if any) represent a proportional relationship?
please help!!

Answers

None of the tables represent a proportional relationship.

What is a proportional relationship?

Proportional relationships are those in which the ratios of two variables are equal. Another way to think about them is that one variable in a proportional relationship is always a constant value multiplied by the other. This is known as the "constant of proportionality."

To determine whether a relationship is proportional, examine the ratios between the two variables. The relationship is proportional if the ratio is always the same. The relationship is not proportional if the ratio changes.

Fir the first table, the ratio varies. Also, the second table isn't constant.

Therefore, none has a proportional relationship.

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Which inequality represents the sentence? the sum of negative 3.2 and 1.5 times a number is a maximum of 8.6. â€""3.2n 1.5 less-than-or-equal-to 8.6 â€""3.2n 1.5 greater-than-or-equal-to 8.6 â€""3.2 1.5n less-than-or-equal-to 8.6 3.2 1.5n less-than-or-equal-to 8.6

Answers

Inequality (C) -3.2 + 1.5n ≤ 8.6 correctly represents the sentence "the sum of negative 3.2 and 1.5 times a number is a maximum of 8.6."

What is inequality?

In mathematics, "inequality" refers to a relationship between two expressions or values that are not equal to one another.

Both mathematical phrases, equations, and inequalities are created by connecting two expressions.

The equal sign (=) indicates that two expressions in an equation are believed to be equivalent.

The symbols >, <, ≤ or ≥ indicate that the two expressions in inequality are not always equal.

So, the sentence we have is:

the sum of negative 3.2 and 1.5 times a number is a maximum of 8.6

Which can be written in inequality as:

-3.2 + 1.5n ≤ 8.6

Therefore, inequality (C) -3.2 + 1.5n ≤ 8.6 correctly represents the sentence "the sum of negative 3.2 and 1.5 times a number is a maximum of 8.6."

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Correct question:
Which inequality represents the sentence?

the sum of negative 3.2 and 1.5 times a number is a maximum of 8.6.

a. -3.2n + 1.5 less-than-or-equal-to 8.6

b. -3.2n -  1.5 greater-than-or-equal-to 8.6

c. -3.2 +  1.5n less-than-or-equal-to 8.6

d. -3.2 -  1.5n less-than-or-equal-to 8.6

subtract 10 - 2 1/4

Answers

Answer: 7 3/4

Explanation:

Keep in mind that 2 1/4 = 2 + 1/4

10 - 2 = 8

8 - 1/4 = 7 3/4

Therefore your answer is 7 3/4

Answer:

7 3/4

Step-by-step explanation:

Take 1 away from 10 and write 10 as 9 + 1.

1 = 4/4, so 10 = 9 + 4/4 or simply 9 4/4.

Now subtract 2 1/4 from 9 4/4.

    9 4/4 - 2 1/4

    9 4/4

-    2 1/4

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

    7 3/4

Leggings are on sale for 10% off the
original price. What is the sale price of
leggings with an original price of $45?
C.$40.50
d. $41.50
a. $35
b. $4.50

Answers

Answer:

Your answer is C) $40.50

Step-by-step explanation:

[tex]0.1[/tex] × [tex]45 = 4.5[/tex]

[tex]45 - 4.5 = 40.50[/tex]

Answer: C) $40.50

Step-by-step explanation:

An artist frames his rectangular artwork. The length of his art is 3 times the
vidth, w. How can he represent the perimeter of the art? Draw a line to match
ach reason on the left to the expression it describes.
Provides a relationship between length and width

Provides a sense of the entire perimeter

Provides a description of the amount of framingmaterial for length and for width separately
3w
8w
2(w +3w)
4(3W)
6w+2w

Answers

Answer:

See attached worksheet

Step-by-step explanation:

Please Help!!!! Hurry!!

Answers

Answer:b e and g

Step-by-step explanation:

because between e and g it increases the most

A group of friends wants to go to the amusement park. They have no more than $190 to spend on parking and admission. Parking is $7, and tickets cost $15. 25 per person, including tax. Write and solve an inequality which can be used to determine pp, the number of people who can go to the amusement park.

Answers

With $190, a maximum of 12 people can visit the theme park, where admission costs $15.25 per person and parking costs $7.

What is inequality?

In mathematics, "inequality" refers to a connection between two expressions or values that are not equal to one another. The equation-like form of the formula 5x 4 > 2x + 3 has an arrowhead in lieu of the equals sign. It is an illustration of inequity. This shows that the left half, 5x 4, is bigger than the right part, 2x + 3. Finding the x values for which the inequality holds true is what we are most interested in.

Here,

The total amount they can spend=$190

Cost of parking=$7

Cost of ticket per person=$15.25

Let the number of person be x,

15.25x+7≤190

15.25x≤183

x≤12

There can be at most 12 person that can go to the amusement park with $190 where cost of tickets is $15.25 per person and cost of parking is $7.

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an inflated bicycle tire is 2.2 cm in diameter and 2.0 m in circumference. a small leak causes the pressure inside of the tire to decrease from 760 kpa to 550 kpa on a day when the temperature is 20 o c. what mass of air is lost? In the case of Griffin v. Wisconsin (1987), the U.S. Supreme Court held that it was legal for probation officers to use trickery and deception to find out whether probationers under their care were engaging in illegal activities.TrueFalse Be sure to answer all parts.Select the elements and compounds from the following lists that are gases at room temperature.ElementsClPHeBrFSKrOGeCompoundsN2OCO2LiHMgSCaF2AlCl3HClSiO2LiBr which of the following is true about business decision-making failures? a. they are inevitable. b. they can be avoided with more information. c. they can always be avoided with proper planning. d. they are to be avoided at all costs. which of these elements does poe include in "the pit and the pendulum"? In the BLANK stage of the product life cycle, the product gains acceptance, demand and sales increase, and there are more competitors which evidence supports the hypothesis that four-limbed animals came from fish? select all that apply. A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allies, and participating in international organizations such as the united nations is following a _____. Equiano wrote. I now wished for the last friend death to relieve me. what does he mean by this technician a says that the differential in a fwd vehicle is in the transaxle assembly. technician b says that the differential assembly is attached to the final drive ring gear. which technician is correct? are mental health problems increasing in college populations? if no, why? the per-unit standards for direct labor are 2 direct labor hours at $15 per hour. if in producing 1,800 units, the actual direct labor cost was $48,000 for 3,000 direct labor hours worked, the total direct labor variance is question 7 options: $6,000 favorable. $3,750 unfavorable. $1,800 unfavorable. $6,000 unfavorable is it possible to use the reflection from this corner cube to send a sunbeam onto the wall in a room from the sun's rays entering the room through a window? neutrophils and macrophages) signaled where to leave the circulation and enter the infection site? g Darry hit pony because he was? the reasons section of a bad-news message need not emphasize how the audience will benefit from the decision. How did Geroge Washington change his views after the war? when a client who has been taking opioids becomes less sensitive to the drug's analgesic properties, that client is said to have developed a(n) when the newly admitted client with chronic obstructive pulmonary disease informs the nurse that she frequently awakens during the night, the nurse may notify the physician for which intervention? explain why there is no minus sign in this equation for heat (unlike the equation for work). (think in terms of microscopic definition of entropy.)