Jackson invested $81,000 in an account paying an interest rate of 6\tfrac{1}{2}6
2
1

% compounded monthly. Angel invested $81,000 in an account paying an interest rate of 7\tfrac{1}{8}7
8
1

% compounded quarterly. After 16 years, how much more money would Angel have in his account than Jackson, to the nearest dollar?

Answers

Answer 1

Answer:22215

Step-by-step explanation: got it from delta math

Answer 2

After 16 years Angel would have amount $22942 more money in his account than Jackson.

What is compound interest?

Compound interest is the interest you earn on interest. Compound interest is the interest calculated on the principal and the interest accumulated over the previous period.

For the given situation,

Investment of Jackson, p = $81000

Rate of interest, r = 6 1/2%

⇒ [tex]6.5\% = 0.065[/tex]

Interest is compounded monthly, so n = 12

Number of years, T = 16

Investment of Angel, p = $81000

Rate of interest, r = 7 1/8%

⇒ [tex]7.125\% = 0.07125[/tex]

Interest is compounded quarterly, so n = 4

Number of years, T = 16

The formula of amount in compound interest is

[tex]A=p(1+\frac{r}{n} )^{nT}[/tex]

Jackson's amount after 16 years,

⇒ [tex]A=81000(1+\frac{0.065}{12} )^{(12)(16)}[/tex]

⇒ [tex]A=81000(\frac{12.065}{12} )^{192}[/tex]

⇒ [tex]A=81000(1.0054)^{192}[/tex]

⇒ [tex]A=81000(2.8123)[/tex]

⇒ [tex]A=227798.13[/tex]

Angel's amount after 16 years,

⇒ [tex]A=81000(1+\frac{0.07125}{4} )^{(4)(16)}[/tex]

⇒ [tex]A=81000(\frac{4.07125}{4} )^{64}[/tex]

⇒ [tex]A=81000(1.0178)^{64}[/tex]

⇒ [tex]A=81000(3.0955)[/tex]

⇒ [tex]A=250739.62[/tex]

After 16 years, how much more money would Angel have in his account than Jackson is

⇒ [tex]250739.62-227798.13[/tex]

⇒ [tex]22941.49[/tex] ≈ [tex]22942[/tex]

Hence we can conclude that after 16 years Angel would have $22942 more money in his account than Jackson.

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Related Questions

Write an expression for " x divided by nine".

Please help!!

10 POINTS

Answers

Answer:

x/9

Step-by-step explanation:

x divided by 9

=> x ÷ 9

Take that and turn it into a fraction

=> x/9

hope this helps and is right. p.s. i really need brainliest :)

Answer:

45

Step-by-step explanation:

A scale drawing of a rectangular park had a scale of 1 cm = 100 m.
What is the actual area of the park in meters squared?
PLEASE HELP, 40 POINTS!

Answers

Answer:

521,400

Step-by-step explanation:

660 times 790

The area of the rectangular park which having 660 meter and 790 meter is  521400 m².

How to find area of rectangle ?

A = l b is the formula for the Area of a Rectangle. Once the length and width of a rectangle are known, the area is calculated. The area of a rectangle can be calculated by multiplying its length and width.

The area is the amount of space covered by a flat surface of a specific shape. It is expressed as a "number of" square units. The number of unit squares that can fit into a rectangle is defined as its area. Rectangular shapes include the flat surfaces of laptop monitors, blackboards, painting canvas, and so on. The space occupied by these objects can be calculated using the area of a rectangle formula.

In this figure 1 cm = 100 m

6.6 cm * 100m = 660 m

7.9 cm * 100m = 790 m

Area of the park =  521400 m²

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You deposit $2000 in an account that pays 7% interest compounded semiannually. After 5 years, the interest rate is increased to 7.28% compounded quarterly. What will be the value of the account after a total of 10 years?

The value of the account will be $_____. (Round to the nearest dollar as needed.)

Answers

9514 1404 393

Answer:

  $4047

Step-by-step explanation:

For an interest rate r compounded n times per year for t years, the effective multiplier is ...

  (1 +r/n)^(nt)

The multiplier for the first 5 years is ...

  (1 +0.07/2)^(2·5) = 1.41059876

The multiplier for the last 5 years is ...

  (1 +0.0728/4)^(4·5) = 1.43437218

Then the account value at the end of 10 years is ...

  $2000(1.41059876)(1.43437218) ≈ $4047 . . . . balance after 10 years

Solve, using a proportion. If Joe travels 434 miles in 7 hours, how far will he travel in 10 hours at the same speed? miles Enter​

Answers

Answer:

Step-by-step explana

Answer:

Step-by-step explanation:

What is the answer

) Study cited that the calcium levels in men and women ages 70 years or older are summarized that sample size of 55 men with mean 785 and standard deviation 489 and sample size of 40 women with mean 670 and standard deviation of 419, what is the probability of obtaining a difference between sample means of 110 mg or more?

Answers

Answer:

0.5188 = 51.88% probability of obtaining a difference between sample means of 110 mg or more

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution, the central limit theorem and difference between normal variables.

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Subtraction of normal sample means:

When we subtract two distribution of the sample means, which are normal, the mean is the subtraction of the means, while the standard deviation is the square root of the sum of standard errors squared.

Sample size of 55 men with mean 785 and standard deviation 489

This means that:

[tex]\mu_A = 785[/tex]

[tex]s_A = \frac{489}{\sqrt{55}} = 65.9367[/tex]

Sample size of 40 women with mean 670 and standard deviation of 419

This means that:

[tex]\mu_B = 670[/tex]

[tex]s_B = \frac{419}{\sqrt{40}} = 66.2497[/tex]

Difference between sample means:

The mean and the standard deviation are, respectively:

[tex]\mu = \mu_A - \mu_B = 785 - 670 = 115[/tex]

[tex]\sigma = \sqrt{s_A^2+s_B^2} = \sqrt{65.9367^2+66.2497^2} = 93.47[/tex]

What is the probability of obtaining a difference between sample means of 110 mg or more?

This is 1 subtracted by the pvalue of Z when X = 110. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{110 - 115}{93.47}[/tex]

[tex]Z = -0.053[/tex]

[tex]Z = -0.053[/tex] has a pvalue of 0.4812.

1 - 0.4812 = 0.5188

0.5188 = 51.88% probability of obtaining a difference between sample means of 110 mg or more

please tell me please

Answers

Answer: H

Step-by-step explanation: H. Its H

What is 2/3x2/5pls I need an answer fast sorry I suck at math

Answers

Answer:

4 /1 5 also 0.26666666666

Please mark as brainliest

Have a great day, be safe and healthy  

Thank u  

XD

I need the value of Y

Answers

9514 1404 393

Answer:

  y = 6

Step-by-step explanation:

Let's call the marked angles A, B, C, clockwise from upper left.

Along the vertical transversal, we observe that A+90° and C are alternate exterior angles, so are congruent. This lets us find a value for x.

  A+90 = C

  4x +90 = 11x -8

  98 = 7x

  14 = x

Then angle A is ...

  A = 4x° = 4(14)° = 56°

__

Along the horizontal transversal, we observe that A and B are alternate exterior angles, so are congruent. This lets us find a value for y.

  A = B

  56° = (9y +2)°

  54 = 9y

  6 = y

The value of y is 6.

someone please help me answer this!!

Answers

Answer:

c = 8.4m is the answer.

Step-by-step explanation:

a = 6m

b = 6m

c = ?

According to the Pythagorean theorem,

a² + b² = c²

6² + 6² = c²

36 + 36 = c²

c² = 72

c = 8.4m

∴ The mouse runs 8.4 m from the opposite corners of the room.

Answer:

8.5 m

Step-by-step explanation:

If you draw the segment from one corner to the opposite corner, you'll have the hypotenuse of a triangle with two legs of 6 m. We can find the length of the hypotenuse using the Pythagorean Theorem.

a^2 + b^2 = c^2

6^2 + 6^2 = c^2

36 + 36 = c^2

c^2 = 72

c = sqrt(72)

c = 6sqrt(2) = 8.5

Answer: 8.5 m

PLEASE HELP !! ILL GIVE BRAINLIEST !! Ohh

Answers

Answer: Angle VUW and QRP are alternate exterior angles.

They are both exterior and are on alternate sides of the transversal.

Hope this helps!

if $1000 is divided among the three people In the ratio 2:3:5,find the share of each​

Answers

Answer:

$200, $300, $500

Step-by-step explanation:

Given data

Total Amount= $1000

Ratio=  2:3:5

The combined ratio is = 10

Let us apply the part to all method to find the individual amount

The first person will take

10/1000= 2/x

1/100=2/x

cross multiply

x= 200

The second person will take

10/1000= 3/x

1/100=3/x

cross multiply

x= 300

The third person will take

10/1000= 5/x

1/100=5/x

cross multiply

x= 500

Nicholas has a salt shaker in the shape of a cylinder. It has a radius of 8 mm and a height of 30 mm. What is the lateral surface area of the shaker?

Answers

Answer:

1507.96

Step-by-step explanation:

PLEASE LOOK AT THE IMAGE BELOW (I MARK BRAINLIEST!)

Answers

Answer:

1.True

2.False

3.False

Step-by-step explanation:

1. b is less down the number line than a

2. a is more down the number line and the positive version is higher

3. positive is bigger than negative

How much interest would $1,000 earn in one year at a rate of 6%, compounded annually? What would be the new balance?

Please, help me!

Answers

Answer:

The investment will generate $ 60 in interest, with which the new balance will be $ 1060.

Step-by-step explanation:

To determine how much interest would $ 1,000 earn in one year at a rate of 6%, compounded annually, and what would be the new balance, the following calculations must be performed:

1000 x (1 + 0.06 / 1) ^ 1x1 = X

1000 x 1.06 ^ 1 = X

1000 x 1.06 = X

1060 = X

Therefore, the investment will generate $ 60 in interest, with which the new balance will be $ 1060.

Can someone help me on this ASAP pls I really need to know this

Answers

Answer:

A is bethel

B is below sea level by 22 feet

C is I would describe the elevation very low  lowest elevation in North America

D is 0 the elevation is right at sea level.

E is  has a lower elevation and is one of the lowest major cities in the entire United States.

Step-by-step explanation:

Does anyone know what the answer please?

Answers

Answer:

[tex]\angle 1 \cong \angle 7[/tex]

Step-by-step explanation:

We proceed to present which angles corresponds with [tex]\angle 7[/tex], accompained with reason based on Theorems used in Euclidean Geometry. Two angles are correspondent if and only if are in the same side of the secant line, one of them is internal and the other one is external.

Hence, we conclude that [tex]\angle 1 \cong \angle 7[/tex].

Robert recently purchased a bond for $1350. The bond has a par value of $1000 and a coupon rate of 4.00%. Based on this
information, you know that Robert's current effective interest rate earned on the bond is
and when the bond matures
he will receive
O 4.00%; $1000.
O 2.96%; nothing.
O 2.96%; $1000.
O 4.00%; $1350.

Answers

Yalllllllllllllllllllllllllllllllll It’s c

Simplify fully
4x2 + 4x
2x² – 2

Answers

Answer:

4 × 2 = 8 + 4 = 12 × 2 = 24 - 2 = 22

22 is the FINAL answer

#carryonlearning

Ms. Carey is planning to host a neighborhood picnic. To make sure she had enough ingredients, she was making a table of possible combinations of dried fruit to peanuts for her terrific trail mix. The table shows the original recipe’s ratio of dried fruit to peanuts. What numbers are missing in the table?



Question 5 options:

5 and 48


21 and 35


6 and 10


21 and 62

Answers

Answer:

5 and 48

Step-by-step explanation:

27:45

Simplify the ratio

3:5

The first one must be 5, and option 1 (5 and 48) is the only one with 5.

pls help me on this !!!

Answers

Answer:

9

Step-by-step explanation:

To solve this question you need the formula of hypothenuse theorem, I personally use [tex]a^{2} + b^{2} = c^{2}[/tex].

Since [tex]c^{2}[/tex] is the hypothenuse, and the hypothenuse in this case is 15, the equation will be [tex]12^{2}+ b^{2} = 15^{2}[/tex].

144+[tex]b^{2}[/tex]=225

subtract 144 from both sides

[tex]b^{2}[/tex]= 81

[tex]\sqrt{b^{} } = \sqrt{81}[/tex]

b=9

find the diagonal that goes through the 3D shape.

Answers

Answer:

Diagonal = 13 yd

Step-by-step explanation:

The diagonal of the 3D shape can be solved using the extension of the pythagorean theorem, which is given as: d² = a² + b² + c²

Where,

a = 12 yd

b = 3 yd

c = 4 yd

d = diagonal

Plug in the values

d² = 12² + 3² + 4²

d² = 169

d = √169

d = 13 yd

HELP WILL GIVE BRANLIEST!

No links!!

Answers

Answer:

32 ftEach base floor tile is 5ft and there's 4 tiles so 5x4=20

Next,there are 4 walls each wall is 3ft 3x4=12

Now you add your answers which is 20+12=32

Hope that helps

The diameter of a spindle in a small motor is supposed to be 5.8 millimeters (mm) with a standard deviation of 0.14 mm. If the spindle is either too small or too large, the motor will not work properly. The manufacturer measures the diameter in a sample of 12 spindles to determine whether the mean diameter has moved away from the required measurement. Suppose the sample has an average diameter of 5.88 mm. What are the null and alternative hypotheses (H0 = null hypothesis and Ha = alternative hypothesis)?
A. H0: Mean= 5 and Ha: Mean is not equal to 5.
B. H0: Mean = 5 and Ha: Mean <5.
C. H0: Mean < 5 and Ha: Mean > 5.
D. H0: Mean = 5 and Ha: Mean > 5.

Answers

Answer: A. H0: Mean= 5 and Ha: Mean is not equal to 5.

Step-by-step explanation:

Definitions:

Null hypothesis [tex](H_0)[/tex] is a statement describing population parameters according to the objective of the study. It takes "≤,≥,=" signs.   Alternative hypothesis[tex](H_a)[/tex]  is a statement opposite to the null hypothesis elaborating population parameters according to the objective of the study. It takes ">, <, ≠" signs.

Given: The diameter of a spindle in a small motor is supposed to be 5.8 millimeters.

If the spindle is either too small or too large, the motor will not work properly. so, Mean diameter ≠ 5.8 to work correctly.

i.e. [tex]H_a: \text{Mean}\neq 5.8[/tex]

So, [tex]H_a: \text{Mean =5.8}[/tex]

The required null and alternative hypotheses:

H0: Mean= 5 and Ha: Mean is not equal to 5.


please help answer

Answers

After all that typing in the comments, LOL. The hardest part was figuring out the area of the stripes. I put those calculations off to the right. Please let me know if you can’t read my writing.

A random sample of 30 males with online dating profiles are recruited for a study about lying in online dating profiles. Each male's actual height is measured and compared to the height posted in their online profile. The difference between the online profile height and the actual height (profile- actual) for each male is computed. The mean difference in height is determined to be 0.57 inches with a standard deviation of 0.81 inches. Determine a 95% confidence interval for the difference in mean profile height and mean actual height of online daters.

Answers

Answer:

The 95% confidence interval for the difference in mean profile height and mean actual height of online daters is between 0.27 and 0.87 inches.

Step-by-step explanation:

We have the standard deviation for the sample, which means that the t-distribution is used to solve this question.

The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So

df = 30 - 1 = 29

95% confidence interval

Now, we have to find a value of T, which is found looking at the t table, with 29 degrees of freedom(y-axis) and a confidence level of [tex]1 - \frac{1 - 0.95}{2} = 0.975[/tex]. So we have T = 2.0452

The margin of error is:

[tex]M = T\frac{s}{\sqrt{n}} = 2.0452\frac{0.81}{\sqrt{30}} = 0.3[/tex]

In which s is the standard deviation of the sample and n is the size of the sample.

The lower end of the interval is the sample mean subtracted by M. So it is 0.57 - 0.3 = 0.27 inches.

The upper end of the interval is the sample mean added to M. So it is 0.57 + 0.3 = 0.87 inches.

The 95% confidence interval for the difference in mean profile height and mean actual height of online daters is between 0.27 and 0.87 inches.

pick the Quadrant that you would plot (4,2)
A. Quadrant III
B. Quadrant II
C.Quadrant IV
D.Quadrant I

Answers

Quadrant 1 Reason being all the positive are housed in quadrant 1

Answer:

D.) Quadrant I

Step-by-step explanation:

The quadrants start from Quadrant I (in the top left) and continue counter-clockwise to Quadrant II, Quadrant III, and Quadrant IV

Quadrant I = (+,+)

Quadrant II = (-,+)

Quadrant III = (-,-)

Quadrant IV = (+,-)

Now in this case, (4,2) is positive in the x value, and positive in the y value - so it belongs in Quadrant I!

luego le digo 4yo1 xkw k ​

Answers

Answer:

okay luego le digo 4yo1 xkw k ​

Step-by-step explanation:

Consider the function f(x) = 2 + 2x - 15. What are the x-intercepts of the function?

Answers

Answer:

x=6.5

Step-by-step explanation:

I got the x- intercept as 6.5 because I found the x value when y equals 0.

0=2+2x-15

Next, I added 2+-15 and got -13.

0=2x-13

Then, I added 13 to both sides so that I could have x by itself.

13=2x

Next, I divided 2 on both sides so I could find the value of x.

6.5= x

In conclusion, the x- intercept of f(x)=2+2x-15 is 6.5.  

. You want to buy a new pair of shoes. You have a coupon for $15 off. Once you get to the store, you realize your shoes are on sale for 20% off, but you can't use both the sale price and the coupon. Which discount would offer a better deal if the original price of the shoes is $150? Explain your decision.​

Answers

Answer:

I would use the sale price.

Step-by-step explanation:

20% of 150 is 30. So, you get $30 off if you use the sale price rather then the $15 coupon.

For the plane curve defined by x = 7 cos t, y = 5 cos t, for t in [0, 2π​] the ordered pair that corresponds to t = π/6 is ___

Answers

Answer:

The ordered pair is: [tex](\frac{7\sqrt{3}}{2},\frac{5\sqrt{3}}{2})[/tex]

Step-by-step explanation:

We are given the following plane curve:

[tex]x = 7 \cos{t}[/tex]

[tex]y = 5 \cos{t}[/tex]

Ordered pair for a value of t:

We find (x,y) for these values of t. So, when [tex]t = \frac{\pi}{6}[/tex]

[tex]x = 7 \cos{\frac{\pi}{6}} = 7\frac{\sqrt{3}}{2} = \frac{7\sqrt{3}}{2}[/tex]

[tex]y = 5 \cos{\frac{\pi}{6}} = 5\frac{\sqrt{3}}{2} = \frac{5\sqrt{3}}{2}[/tex]

The ordered pair is: [tex](\frac{7\sqrt{3}}{2},\frac{5\sqrt{3}}{2})[/tex]

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