Max is starting a savings account for college and puts in 2000 as his starting balance. He earbs simple interest at 5% every year and must also pay 20% income tax on the interest earned annually. What is the overall balance after 2 years on the account after taxes have been paid

Answers

Answer 1

The overall balance after 2 years on the account after taxes have been paid is 40.00.

The formula for simple interest is:

I=P*T*R

where P is the principal amount of money, R is the interest rate as a decimal, and T is the time.

We know the principal amount is 2000, the interest rate is 5%, and the time is 2 years.

We must convert the interest rate to a decimal.

Divide by 100 or move the decimal place to two spots to the left.

6/100=0.05 or 5.0 --> 0.5 --> 0.05

Now we know all the values.

P=2000

T=2

R=0.05

Substitute the values into the simple interest formula.

I=2000*2*0.05

Multiply.

I=2000*0.1

I=200

The simple interest is 200.00

Now, every year must also pay 20% income tax on the interest earned annually, for that we have to subtract 20% in simple interest.

overall balance =200*20/100

overall balance=40.

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Related Questions

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!

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

Answers

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

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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HELPP GEOMETRY HOMEWORK

Answers

All of the angles in an acute triangle are less than 90 degrees. Triangles are referred to as right triangles when one of their angles is 90 degrees.

What is called triangle?

The three vertices of a triangle make it a three-sided polygon. The angles of the triangle are formed by the three sides' end-to-end connections at a point. 180 degrees is the sum of the triangle's three angles. With three sides and three vertices, triangles are a particular kind of polygon in geometry.

It has three straight sides and is a two-dimensional figure. As a 3-sided polygon, a triangle is included. Three triangle angles added together equal 180 degrees. In one plane, the triangle is contained. When three straight lines cross, a triangle is the result. There are always three sides and three corners to a triangle (angles). A triangle's vertex is the location at which two of its sides meet.

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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

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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Write a value for n that would make the inequality true. ⁿ⁄₉ > ½ n = _____________________

Answers

The  value for n that would make the inequality true is 4.5

What is an inequality?

You should understand that a statement of an order relationship with greater than, greater than or equal to, less than, or less than or equal to between two numbers or algebraic expressions is inequality.

The given inequality is ⁿ⁄₉ > ½

This implies that 2(n) > 1(9)

Opening the brackets to have

2n > 9

Making n the subject of the relation by dividing both sides by 2

2n/2 > 9/2

Therefore n = 4.5

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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]

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)

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

Label each item as factor by grouping or factor using substitution.

To factor a trinomial of the form
a x 2 + bx + c, multiply the trinomial
by a. Rewrite the first two terms
using ax. Substitute a single variable
for ax. Factor the trinomial. Substitute ax
back in for the variable. Divide by a.

Answers

Step-by-step explanation:

I Don't even know what the answer is

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.

Create a proportion for each set of similar triangles, that can be used to find the missing side lengths indicated. Then solve the proportion.

Answers

The values of x from the given figures are 3 √29 and 24 respectively.

What is triangle ?

Triangle can be defined in which it has three sides , three angles and sum of three angles is always 180 degrees.

Given

In the figure,

The two given triangles are similar ,

So, in the first figure it is given that they are similar ,

√29 / 5  = x / 15

x  = √29 * 15  / 5

x =√29 * 3

x = 3 √29

And in the second figure , here also they gave they are similar

so we get,

12 / 13  =  x /  26

x = 12 * 26 / 13

x = 12 * 2

x = 24

Hence, The values of x from the given similar triangles are 3 √29 and 24 respectively.

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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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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.

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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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!!

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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Refer to the initial crosstabulations. For those players with low handicaps (better players), which group (male or female) shows the highest percentage saying the greens are too fast? For the low handicappers, the men have a higher percentage who think the greens are too fast. Refer to the initial crosstabulations. For those players with higher handicaps, which group (male or female) shows the highest percentage saying the greens are too fast? For the high handicappers, the women have a higher percentage who think the greens are too fast. At each handicap level, how does the percentage of women who think the greens are too fast compare to the percentage of men who feel the same? Select When the crosstabulations are aggregated across handicap level, do you still conclude the same thing when comparing the percentage of women who complain that the greens are too fast with the percentage of the men who feel the same? Select Note: This exercise is an example of Simpson's Paradox

Answers

As per the given parentage, the highest percentage saying the greens are too fast is females.

In math the term percentage is defined as the number or ratio that can be expressed as a fraction of 100.

Here we have know that the number male players are

Male Golfers                                    Greens Condition              

Handicap                               Too fast                        Fine

Under 15                                       10                             40

15 or more                                     25                           25

And the female players are,

Male Golfers                                     Greens Condition            

Handicap                               Too fast                         Fine

Under 15                                       1                                9

15 or more                                   39                              51

Then the total value of them is calculated as,

                      Too fast                   Fine             Total

Male                   35                          65               100

Female              40                           60               100

So, the group with the highest percentage of too fast is the females.

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a bag contains 16 black balls and 14 white balls. two balls are drawn at random from the bag, one after the other without replacement. what is the joint probability the first ball drawn was black and the second ball drawn was also black?

Answers

Answer:

Step-by-step explanation:

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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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:

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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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

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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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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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 !

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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12.2 Apples and Oranges
At the corner produce market, apples cost $1 each and oranges cost $2 each.
1. Find the cost of:
a. 6 apples and 3 oranges
b. 4 apples and 4 oranges
c. 5 apples and 4 oranges
d. 8 apples and 2 oranges
Unit 3: Linear Relationships
Lesson 12: Solutions to Linear Equations
Download

Answers

The total cost of 6 apples and 3 oranges is $6 + $6 = $12.

The total cost of 4 apples and 4 oranges is $4 + $8 = $12.

The total cost of 5 apples and 4 oranges is $5 + $8 = $13.

The total cost of 8 apples and 2 oranges is $8 + $4 = $12.

What is linear equation and  the total cost of given terms?a). 6 apples at $1 each = $63 oranges at $2 each = $6The total cost of 6 apples and 3 oranges is $6 + $6 = $12.b). 4 apples at $1 each = $44 oranges at $2 each = $8The total cost of 4 apples and 4 oranges is $4 + $8 = $12.c). 5 apples at $1 each = $54 oranges at $2 each = $8The total cost of 5 apples and 4 oranges is $5 + $8 = $13.d). 8 apples at $1 each = $82 oranges at $2 each = $4The total cost of 8 apples and 2 oranges is $8 + $4 = $12.In all the above examples, we simply multiplied the number of apples by the cost per apple and the number of oranges by the cost per orange. Then we added the two amounts to find the total cost.

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Find the break-even point for the given cost and revenue equations. Round to the nearest whole unit.C = 20n + 134,000R = 160n Use the following information for Taco Swell, Incorporated, (assume the tax rate is 21 percent):2020 2021Sales $ 21,514 $ 24,047Depreciation 3,089 3,229Cost of goods sold 7,397 8,750Other expenses 1,759 1,531Interest 1,443 1,723Cash 11,279 12,021Accounts receivable 14,934 17,529Short-term notes payable 2,176 2,133Long-term debt 37,778 45,798Net fixed assets 94,601 100,893Accounts payable 8,150 8,632Inventory 26,551 28,421Dividends 2,573 3,008For 2021, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Tuesdays With Morrie: What do Ted and Morrie talk about in the second interview? Oliver read for 450450450 minutes this month. His goal is to read for 10\%10%10, percent more minutes next month.If Oliver meets his goal, how many minutes will he read in all during the two months? what changes did the council of Trent bring to the catholic church? Research the dangers of aerosol cans and pressure cookers and write a report about those dangers. The report should be at least 200 words. Use the properties of exponents to generate an expression equivalent to each expression.[tex](x^3y^7)^2[/tex][tex](144^3)^\frac{1}{6}[/tex][tex]2^(3t+4)[/tex] praise to the father and to the son and to the holy spirit the god who is who was and is to come at the end of the ages What is the coupon payment of a 25-year $1000 bond with a 4.5% coupon rate with quarterly payments? An oil company purchased an option on land in Alaska. Preliminary geologic studies assigned the following prior probabilities.P(high-quality oil)=0.45p(medium-quality oil)=0.15p(no oil)=0.40a. What is the probability of finding oil (to 2 decimals)?b. After 200 feet of drilling on the first well, a soil test is taken. The probabilities of finding the particular type of soil identified by the test are given below.p(soil | high-quality oil)=0.15p(soil | medium-quality oil)= 0.75P(soil | no oil)=0.15Given the soil found in the test, use Bayes' theorem to compute the following revised probabilities (to 4 decimals).What is the new probability of finding oil (to 4 decimals)?According to the revised probabilities, what is the quality of oil that is most likely to be found? Although some texas opposed secession, most supported the ______ once the civil war began. Which of the following was a long-term trend that emerged in response to the economic patterns represented in the table? which statement by a client with type 2 diabetes indicates to the nurse that additional dietary teaching is needed? Identify the true statements about the role of judges under the common law legal system in the United States. Rewrite the following without an exponent.(5/3)^-3 which data would the nurse use to determine a client's score on the braden scale to predict a client's risk for developing pressure injuries? select all that apply. one, some, or all responses may be correct. FILL IN THE BLANK ___________ refers to the pattern of individuals marrying those who have similar characteristics, such as race/ethnicity, religious background, age, education, or social class. group of answer choices exogamy polygamy monogamy homogamy Which Act was passed as a result of the activities of Burke and Hare?1 pointAnimals (Anaesthetics) ActVeterinary Surgeons ActAnimal Welfare ActAnatomy ActDangerous Dogs Act You bought a fish tank in the shape of a rectangular prism. The dimensions are n, n=6, and n=18. Use the formula V=lwh to write a polynomial in standard form for the volume of the fish tank. Show all work Reilly has a cylindrical container full of jelly beans. The container has a diameter of 4 inches and a height of 7 inches, The container is full of jellybeans, How much will the jellybeans weigh if the average weight of jellybean is 0.4 ounces per cubic inch? Round to the nearest tenth,