If an investment account starts with $3,900, and grows with 2.1% interest, compounded annually, how much is the account worth after 15 years?

Round your answer to the nearest dollar.
Do NOT round until you have calculated the final answer.

Answer 5327

Answers

Answer 1

Answer:

$5327

Step-by-step explanation:

Use the formula for calculating compound interest

A(t)=P(1+r/n)^n⋅t,

where A(t) is the balance of the account, P is the principal, r is the annual interest rate (as a decimal), n is the number of times the interest is compounded each year, and t is the time (in years). We are given that P=$3,900, r=0.021, n=1, and t=15. Substituting the values into the formula and using a calculator to evaluate, we find

A(t)=P(1+r/n)^n⋅t = $3,900(1+0.0211)^(15)(1) ≈ $5,326.61

So the final answer is $5,327.

Answer 2

Answer: 5327

Step-by-step explanation:

Use the formula for calculating compound interest

A(t)=P(1+rn)n⋅t,

where A(t) is the balance of the account, P is the principal, r is the annual interest rate (as a decimal), n is the number of times the interest is compounded each year, and t is the time (in years). We are given that P=$3,900, r=0.021, n=1, and t=15. Substituting the values into the formula and using a calculator to evaluate, we find

A(t)=P(1+rn)n⋅t=$3,900(1+0.0211)(15)(1)≈$5,326.61

So the final answer is $5,327.


Related Questions

57+47264÷4372=ui

[tex]57 \times 47264 \div 4372[/tex]

Answers

Answer:

67 886/1093

Step-by-step explanation:

Solve (x - 3)2 = 5.
O A. x = 8 and x = -2
B. X=5115
C. x=3+ V5
O D. x=-31,5

Answers

Answer:

x = 3 ± √5

Step-by-step explanation:

Given:

(x - 3)² = 5

Find:

Value of x

Computation:

(x - 3)² = 5

x² - 6x + 9 = 5

x² - 6x + 4 = 0

x = [-b ± √b² -4ac] / 2a

x = 3 ± √5

o help save for college, your friend invested $1000 in an account that pays 6% annual interest compounded continuously. How much money will your friend have after 4 years?

Answers

$1,240 is the answer.

How many square feet of outdoor carpet will we need for this hole

Answers

Answer:

40 ft²

Step-by-step explanation:

The shape of the outdoor carpet can be decomposed into 2 triangles and 1 rectangle

✔️Area of triangle 1:

Area = ½*bh

b = 6 - 3 = 3 ft

h = 11 - 7 = 4 ft

Area of triangle 1 = ½*3*4 = 6 ft²

✔️Area of triangle 2:

Area = ½*by

b = 2 ft

h = 3 ft

Area of triangle 2 = ½*2*3 = 3 ft

✔️Area of rectangle = L × W

L = 11 ft

W = 3 ft

Area of rectangle = 11 × 3 = 33 ft

✅area of outdoor carpet = 4 + 3 + 33 = 40 ft²

E)
$21,112
6)
Sam and Eli are partners in a new business. Eli contributes 45% of the $5000 startup capital, and Sam contributes the remaining
amount. Which statements are correct for this situation?
A)
Sam contributes $2750.
B)
Eli contributes $2750
09
Sam contributes 10% more than Eli.
D)
Eli contributes $500 less than Sam.
E)
Eli contributes $450 less than Sam.
7)
The sale price for a jacket that regularly costs $85.00 is now $68.00. With sales tax, a customer pays $73.44. Which THREE
statements are correct for this situation?

Answers

Answer:

A,C,D

Step-by-step explanation:

I just did it

xy2 for x = 8 and y = 10.

Answers

Answer:

6400

Step-by-step explanation:

(8)(10)2

(80)2

6400

Answer:

160

Step-by-step explanation:

you replace x with 8 and replace y with 10

Whenever the numbers are close together such as "xy2" it mean you're multiplying

so whwn you multiply 8 * 10 * 2   you would get 160

Hoped this helped!

Jorge walked 25 steps north. Then he walked 75 steps south. What’s Jorge final position

Answers

Well if Jorge's motion can be described by vectors then he first went +25 steps then -75 steps which means he did -50 steps in total. His position is thus 50 steps to the south of the original position.

Hope this helps.

Answer:

50

Step-by-step explanation:

50 points! Mhanifa please help! Everyone is putting random answers when I post a question and I need this done asap! DONT ANSWER IT IF YOU DONT KNOW IT GUYS

Answers

Answer:

x = 26°

Step-by-step explanation:

The first two questions are answered here

https://brainly.com/question/21794653Question 3

Use the equation for exterior angle

Exterior angle  = sum of non-adjacent interior angles

5x - 2 = 2x + 765x - 2x = 76 + 23x = 78x = 26

Answer:

x = 26° degrees the work bellow is correct i double checked it :)

Step-by-step explanation:

I need help asap! The answer isn't 0.

Answers

There is no solution for it

help me pls pls plshdhdvdvd

Answers

The answer is 5 and 7!

The rationale number between -1/3,1/4?

Answers

Answer:

1/6

Step-by-step explanation:

here is it

All changes saved
The table below shows the number of sales Alan made last week. Based on these numbers, he claims to have had about 9 sales per day for the week.
Explain why this claim might be considered Inaccurate,
Alan's Weekly Sales
Day
Number of Sales
Monday
5
Tuesday
9
Wednesday
4
Thursday
9
Friday
3

Answers

Your answer would be :A


Explanation: He claims to have had 9 sales “per day” for the week. When really it was only for 2 days. That being Thursday and Tuesday! The Mode number of the sales is 9; which is only higher from most of the days.


I hope this helps. Let me know if I am wrong plz. It’s 1 in the morning for me right now. Lol Have a blessed day bud.

Vehicles passing over a bridge have two options for paying their bridge toll: paying with a live cashier or using a Speed Pass device affixed to the dashboard. Data on a busy day for cars and trucks passing over the bridge are shown here.

Answers

Answer:

(A) 0.2814

Step-by-step explanation:

you do 47 (amount of trucks with speed pass) divided by 167 (total amount of vehicles) to get 0.2814.

Answer:

A) 0.2814

Step-by-step explanation:

edge 2023

the two forces 132-lb and 88 lbs are applied to opposite ends of a 15 foot lever. How far from the greater force must the fulcrum be placed so that the lever is balanced?

The fulcrum should be. feet from the greater force.

ignore the weights of the lever​

Answers

Answer:

6 feet from the greater force

Step-by-step explanation:

X = length from greater weight to fulcrum

132X = 88(15-X)

132X = 1320-88X

220X = 1320

X = 6

can anyone help me :)?

Answers

The answer is five to the power of minus eighteen. Please give me brainliest ;)
The answer is 5 to power -18
5power -10 -8 =5 to powe -18

Find the surface area of this net.




_____square centimeters.

Answers

Answer:

46

12+12=24

6+6=12

8+8=16

24+12+16:46

Just wanted to tell you that... You are special because theres only ONE of you :)

Answers

Answer:

how sweet thx

Step-by-step explanation:

a coat at a store is originally priced at $54.99. the marks the price down to $32.99. to the nearest percent, what is the percent markdown of the coat?

Answers

The answer is gonna be 40%

Find total surface area of the pyramid.

Answer choices

A.144 inches squared

B.1150 inches squared

C.170 inches squared

D.180 inches squared

Answers

Answer:

D) 180 inches²

SEE NOTE*

Step-by-step explanation:

Base = 10x10=100

Each triangle = 1/2x10x4=20

20x4=80

100+80=180

* This may be a trick question.  This pyramid CANNOT exist.  If the base is 10 inches, the height of the triangles cannot be 4 inches.  They must be more than 5.  

In a large school, it was found that 77% of students are taking a math class, 74% of student are taking an English class, and 70% of students are taking both. Find the probability that a randomly selected student is taking a math class or an English class. Write your answer as a decimal, and round to 2 decimal places if necessary. Find the probability that a randomly selected student is taking neither a math class nor an English class. Write your answer as a decimal, and round to 2 decimal places if necessary.

Answers

Answer:

0.81 = 81% probability that a randomly selected student is taking a math class or an English class.

0.19 = 19% probability that a randomly selected student is taking neither a math class nor an English class

Step-by-step explanation:

We solve this question working with the probabilities as Venn sets.

I am going to say that:

Event A: Taking a math class.

Event B: Taking an English class.

77% of students are taking a math class

This means that [tex]P(A) = 0.77[/tex]

74% of student are taking an English class

This means that [tex]P(B) = 0.74[/tex]

70% of students are taking both

This means that [tex]P(A \cap B) = 0.7[/tex]

Find the probability that a randomly selected student is taking a math class or an English class.

This is [tex]P(A \cup B)[/tex], which is given by:

[tex]P(A \cup B) = P(A) + P(B) - P(A \cap B)[/tex]

So

[tex]P(A \cup B) = 0.77 + 0.74 - 0.7 = 0.81[/tex]

0.81 = 81% probability that a randomly selected student is taking a math class or an English class.

Find the probability that a randomly selected student is taking neither a math class nor an English class.

This is

[tex]1 - P(A \cup B) = 1 - 0.81 = 0.19[/tex]

0.19 = 19% probability that a randomly selected student is taking neither a math class nor an English class

Three of these fractions are equivalent.
Which is the odd one out?
18
24
28
8
24
32
36

Answers

I am not sure if I am right but I think it’s 18

2. Tyler is driving to visit his grandmother. It takes him 5 hours to travel 260 miles. How fast
was Tyler driving?

Answers

Answer:

52mph

Step-by-step explanation:

260/5

52 miles per hour is the right thing for ya bro bro yo yo bro yo if ya want ya know

2x+5=9 plz help plz plz plz plz

Answers

Answer:

2

Step-by-step explanation:

2x=4

x=2

that's it,

______

have fun, don't forget to brilliant

Answer:

=2

Step-by-step explanation:

1. Subtract  from both sides of the equation

2+5=9

2+5−5=9-5

2.Simplify

Subtract the numbers

2+5−5=9−5

2=9−5

Subtract the numbers

2=9−5

2=4

3.Divide both sides of the equation by the same term

2=4

22=4

4.Simplify

Cancel terms that are in both the numerator and denominator

Divide the numbers

Where is the blue dot on the number line?

Answers

The answer would be -2.1

A transportation company is interested in knowing the amount of time it takes for the different type of vehicles they own to travel certain distances based on their different speeds. A car travels 180 miles in the same time that a truck travels 120 miles. If the car’s speed is 20 miles per hour faster than the truck’s, find the car’s speed and the truck’s speed.​

Answers

Answer:

60 mph and 40 mph

Step-by-step explanation:

Let the speed of the car = x and the speed of the truck = y

We have following equations:

180/x = 120/y x = y + 20

Simplify the first equation and substitute x:

180y = 120x2x = 3y2(y + 20) = 3y2y + 40 = 3y3y - 2y = 40y = 40

Find the value of x:

x = 40 + 20 = 60

Car's speed   60 mph

Truck's speed   40 mph

A circle has a radius of 4x^7y^3. What is the area of this circle in square centimeters. PLEASE HELP

Answers

Answer:

D.)

Explanation:

[tex]A=[/tex]πr²

[tex]A=[/tex]π[tex](4x^{7} y^{3} )^{2}[/tex]

According to the Power Rule you raise coefficients to the power and multiply the exponents

[tex]A=([/tex]π[tex])(16x^{14} y^{6} )[/tex]

[tex]A=16[/tex]π[tex]x^{14}y^{6}[/tex]

) Let f(x) = 4x + 2 and g(x) = 3
x
. Find each of the following.
(a) (f + g)(3)
(b) (f · g)(x)

Answers

the answer is A (f +g)(3)

Use the scatter plot of car resale values to answer the following question
Car Resale Values
100

Answers

Lol lolz referred as in pennies lol

Help me and pls explain how you got the answer

Answers

Answer:

The length of the missing side is 8.5 ft

Step-by-step explanation:

To find the length of the missing side, we can use the Pythagorean theorem which states [tex]a^2 + b^2 = c^2[/tex] where c is the length of the longest side of a right-angle triangle while a and b are the other two sides. Note that the Pythagorean theorem ONLY applies to right-angle triangles.

[tex]a^2+b^2=c^2\\(6)^2+(6)^2=36+36=72=c^2\\\\c=\sqrt{72}= 8.48[/tex]

Rounding to the first decimal place, we get c = 8.5ft

Simplify Rewrite the expression in the form 5 ^ n. (5/10)/(5/12) =

Answers

Answer:

[tex]5^{-2}[/tex]

Step-by-step explanation:

[tex]5^{(10-12)}[/tex]

The simplified expression in the form 5^n is 5^−1×6.

What is a fraction?

A fraction represents a part of a number or any number of equal parts.

A fraction consisting of a quotient and remainder is a mixed fraction. we can convert the mixed fraction to improper fraction by first dividing the numerator by denominator and then taking the quotient as whole number and remainder as the numerator of proper fraction keeping the denominator same.

We are given that;

Form=5 ^ n

Now,

To simplify the expression, we need to first rewrite the fractions with a common denominator of 60: (5/10)/(5/12)=(5×6)/(10×6)÷(5×5)/(12×5)=(30/60)/(25/60)

Then we need to invert the second fraction and multiply: (30/60)/(25/60)=(30/60)×(60/25)=30/25

Then we need to simplify the fraction by dividing both numerator and denominator by 5: 30/25=(30÷5)/(25÷5)=6/5

Finally, we need to rewrite the fraction in the form of 5n

by using the property that a/b=a×b−1

So we have: 6/5=6×5−1=50×6×5−1=50−1×6=5−1×6

Therefore, by the fraction the answer will be 5^−1×6.

Learn more about fraction;

https://brainly.com/question/729654?referrer=searchResults

#SPJ2

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