Ted earned $4,300 from his summer internship that he plans to invest so that he can buy a used car after three years. Ted chooses a bank that offers 5.5% compounded quarterly. Can Ted buy a car that costs $4,700 after three years? Round your numbers to the nearest cent.

Answers

Answer 1

Answer: Yes he will be

Step-by-step explanation:

To find out if Ted can afford the car, find the future value of $4,300 in three years.

First convert the number of years and rates to quarterly values as this is the compounding period:

Term = 3 * 4 quarters = 12 quarters

Rate = 5.5% / 4 = 1.375% per quarter

Future value = Amount * ( 1 + rate) ^ term

= 4,300 * ( 1 + 1.375%)¹²

= $5,065.69

Considering that Ted makes $5,065.69 in 3 years, he will be able to buy a car that costs $4,700.


Related Questions

Find the slope intercept form.

Answers

Answer:

y = 3x + 9

Step-by-step explanation:

y = 3x + 6

Parallel slope = 3

(-2, 3)

Slope-intercept:

y - y1 = m(x - x1)

y - 3 = 3(x + 2)

y - 3 = 3x + 6

y = 3x + 9

I WILL GUVE BRAINIEST I NEED ASAP.

A car has 4 cylinders that each have a radius of 4cm and a height of
10. Use 3.14 for pi. Find the volume of a cylinder, solve for the total
volume of the engine in cubic centimeters, then round to the nearest
cubic centimeter.

Answers

Answer:

What I got for my answer for one of the cylinders is 502.65

I hope I helped :3 Let me know if your confused on it or need something done plz I will gladly help ^w^

the 6% state income tax on a 42.000 salary help

Answers

Answer:

$2520

Step-by-step explanation:

would it be 42$ or 42000$? if its 42000$ it would be $2520

42000/100*6

select the expression that represent the following statement: add 24 to the quotient of 16 and 8.

16 × 8 + 24
(16 ÷ 8) + 24
24 - 8 + 16
(16 - 8) + 24

Answers

Answer:

[tex](16\div8)+24[/tex]

Step-by-step explanation:

The quotient of 16 and 8 is [tex]16\div8[/tex]. Adding 24 to this value results in [tex](16\div8)+24[/tex].

write five rational number which are smaller than 2​

Answers

Answer:

The numbers can be -4, -3, -2, -1, and 1

HELPPPPPPPPPPPPPP
A student needed to find the measure of angle b. He incorrectly said m btw 54% angle a

Answers

Answer:

do you have any pictures?

Step-by-step explanation:

If the graph of a function increases as x increases and decreases
as x decreases, the degree must be _____

Answers

Answer:

Degree must be odd.

Step-by-step explanation:

In the end behavior of quadratic functions, the graph will either rise or fall as x increases infinitely. Likewise it will also rise or fall as x decreases infinitely.

Now, when x increases or decreases up to infinity(∞) and f(x) increases up to infinity (∞), it is said to be an even powered function and thus the degree is said to be even.

Similarly, when x increases up to infinity(∞) and f(x) increases up to infinity(∞), it is said to be an odd powered function and degree is odd.

whats the answer? pls help,
x + 8 > 13 = ?

Answers

Answer:

x=5

Step-by-step explanation:

three members d,m,n are in the ratio 3:6:4.find the value of 4m-m over m+2n​

Answers

Answer:

D : M : N

3 : 6 : 4

4M-M= 4(6)-6= 24-6= 18

M+2N= 6+2(4)= 6+8= 14

Beverly wants to list the following numbers in order from greatest to least l. Place the rational number in order from greatest to least? 1/6 6% 0.012 1/12

Answers

Answer:

0.012, 1/12 , 6% , 1/6

Step-by-step explanation:

To put these numbers in order, you need to first put them in the same form. Let's turn them all into decimal form.

* To put fractions in decimal form you need to divide the numerator into the denominator.

* To put a percent into a fraction you need to understand that this percent is out of 100. ex: 6% = 6/100 , 3% = 3/100 11% = 11/100. so in order to put the new fraction into a decimal, you put it in the correct decimal place. This is wrong 6/100 = .60 this reads 6 tenths so we need to go over a decimal place.

This is correct 6/100 = .06 This is 6 tenths.

So let's go through:                                             _

   1 divided by 6 equals                                  0.16

   6% is equal to                                               .06

   0.012 is already in decimal form               0.012      _

 1 divided by 12 equals                                         0.083

 #Always remember you have to put the numbers in the original form that they were given.

# Also the more decimal places a number has behind the decimal the less the number

               Ex:  0.012 > 0.011 Even though these have the same decimal place 0.012 is greater because it's a greater number.

0.12 > 0.012

16. Audrey bought 4 yards of red fabric
, 2 yards of white, and 1 yards of blue. What is the
total amount of yards that she purchased?

Answers

Answer:

Audrey bought 7 yards.

Step-by-step explanation:

Just add 4+2+1 because those are what colors she bought, but all together she bought 7 yards of all colors.

A machine packages bags of almonds. The weights of the bags are normally distributed with a mean of 14 ounces and a standard
deviation of 1.2 ounces.
Enter the Z-score of a bag of almonds that weighs 12.2 ounces.

Answers

Answer: -1.5

Step-by-step explanation:

took the test

The z-score of a bag of almonds weighing 12.2 ounces will be negative 1.5.

What is a normal distribution?

The Gaussian Distribution is another name for it. The most significant continuous probability distribution is this one. Because the curve resembles a bell, it is also known as a bell curve.

The z-score is a statistical evaluation of a value's correlation to the mean of a collection of values, expressed in terms of standard deviation.

A machine packages bags of almonds.

The weights of the bags are normally distributed with a mean of 14 ounces and a standard deviation of 1.2 ounces.

Then the z-score of a bag of almonds weighing 12.2 ounces will be

z-score = (x - mean) / SD

z-score = (12.2 - 14) / 1.2

z-score = -1.8 / 1.2

z-score = -1.5

More about the normal distribution link is given below.

https://brainly.com/question/12421652

#SPJ2

10, 20, 30, 40 minutes 60,120,180,240 calories burned how many calories will Alexa burn in 11 minutes

Answers

Answer:

67 calories

Step-by-step explanation:

because its bettween one

Select the equivalent expression.
(54.6-10) “ =?
Choose 1 answer:
54. 660
524.860
360
524

Answers

Answer:

©

[tex]( {5}^{4} . { {b}^{ - 10}) }^{ - 6} = ( {5}^{4. - 6} ).( {b}^{ - 10. - 6} ) \\ = {5}^{ - 24} . {b}^{ 60} \\ = \frac{ {b}^{60} }{ {5}^{24} } [/tex]

Solve for x (5x +40) A. AB. BC, AC B. BC. AC. AB C. AC. AB. BC (7x+8) (10x) с A D. BC. AB. AC Which of the following lists the sides in order from shortest to longest?​

Answers

Answer:

D

Step-by-step explanation:

The shortest side is the side opposite the smallest angle, the longest side is opposite the largest angle.

First find the measure of the angles in the triangle.

The sum of the 3 angles = 180° then

5x + 40 + 10x + 7x + 8 = 180

22x + 48 = 180 ( subtract 48 from both sides )

22x = 132 ( divide both sides by 22 )

x = 6

Then

∠ A = 7x + 8 = 7(6) + 8 = 42 + 8 = 50°

∠ B = 5x + 40 = 5(6) + 40 = 30 + 40 = 70°

∠ C = 10x = 10(6) = 60°

The shortest side is opposite ∠ A , that is BC

The longest side is opposite ∠ B , that is AC

The sides in order from shortest to longest are

BC, AB, AC → D

If a number is selected at random from the first 50 natural numbers,what will be the probability that the selected number is a multiple of 3 and 47.
Add working steps :)​

Answers


1
47
X3
—-
132



Example: add 7 x 3 and you will get 12 but take the 1 from 12 and put the 1 on top of 4. Then add 4 x 3 and plus the 1 and add that all together it’s 13 so the answer is 132

Please help! i only have 4 more hours to get caught up!!

Answers

Answer:

I thinks it's y=3x+5

Step-by-step explanation:

try to use desmos to calculate it

It's 3 dot sksjfjjanrjrr

PWEASE HELP ILL GIVE BRAINLIEST
Rhona decided to buy a larger 1 1/4 pound package of baking flour rather than a 5/8 pound package. How much heavier is a larger package than a smaller one?

Answers

Answer:It is 5/8 of a pound heavier

Step-by-step explanation:

1 1/4 - 5/8=5/8

Answer:

The larger package is twice as heavy

Step-by-step explanation:

first make 1 1/4 into 5/4 and then multiply the top and the bottom by 2 to get a common denominator of 8. you will end up with 10/8. you can then subtract 5/8 from 10/8, leaving you with 5/8.

PLZ ANSWER WILL GIVE BRAINLIEST *NO LINKS*

Answers

Answer:

6/20 prescient chance to get a green marble and a 8/19 chance to get a purple one

Step-by-step explanation:

please someone help me on this daosjdoaisjfseughoe

Answers

Answer:7,500

Step-by-step explanation:

no way she gonna make 70 k in a year with that percentage

Help meeeeeEEEEEEEEEEEEEEEEEEE

Answers

Answer:

1.2

Step-by-step explanation:

0.2 x 6 = 1.2

Answer:

1.2

Step-by-step explanation:

0.12 looks like the correct answer but its not because if you look at the problem its 0.2 and 0.12 is smaller than 0.2 so its 1.2 because 0.2 x 6 = 1.2

Hope this helps! Please tell me any questions or concerns in the comments! Byeee <3

converir 150g a radiones

Answers

Answer:

?

Step-by-step explanation:

Square pyramid A and square pyramid B are similar. Their respective heights are 6 and 15 inches. The volume of pyramid B is 312.5 cubic inches. What is the volume of pyramid A?

Answers

The volume of pyramid A is 20 cubic inches.

Given that:

Height of pyramid of A and B are 6 and 15 inches, respectively.

Since square pyramid A and square pyramid B are similar, their corresponding sides are proportional.

Let the volume of pyramid A be V and the scale factor between the two pyramids be k.

The volume of a pyramid is given by V = (1/3) × base area × height.

Since the base of pyramid B is k times the base of pyramid A, and the height of pyramid B is also k times the height of pyramid A, we can set up the following relationship:

V(B) = k³ × V(A)

Given that the height of pyramid A is 6 inches and the height of pyramid B is 15 inches, we can calculate the scale factor k as follows:

k = height of B / height of A = 15 / 6 = 2.5

Now, we know the scale factor k, and we are given the volume of pyramid B as 312.5 cubic inches. We can find the volume of pyramid A:

V(B) = k³ × V(A)

312.5 = 2.5³ × V(A)

312.5 = 15.625 × V(A)

Now, solve for V(A):

V(A) = 312.5 / 15.625

V(A) = 20

The volume of pyramid A is 20 cubic inches.

Learn more about Pyramid  here:

https://brainly.com/question/13057463

#SPJ4

I need a answer please

Answers

65^2 = 39^2 + b^2

4225 = 1521 + b^2

b^2 = 4225 - 1521

b^2 = 2704

b = √2704

b = 52 inches

A square has an area of 81 square feet. Select all the expressios that equal the side length of the square, in feet
A.81/2
B.√81
C.9
D.√9
E.3
Pls help I have until 2:30

Answers

I know A is one of the correct answers, I’m not sure about the others

PLEASE HELPPPPP :)!!!

Answers

Answer:

answer: 521

Hope that helps!

pls help 100 points
pls show step by step explanation and if possible handwritten work
thank you
and you need to factorise ​

Answers

Answer:

This is a required answer:look it once.

Sonya and Jade are traveling from Barcelona to Madrid. They are deciding between 333 different types of transportation (bus, train, and plane) and 222 different times (morning and evening). They each created a display to represent the sample space of randomly picking a type of transportation and a time. Whose display correctly represents the sample space? Choose 1 answer: Choose 1 answer: (Choice A) A Sonya only (Choice B) B Jade only (Choice C) C Both (Choice D) D Neither Sonya's display: \quad Jade's display: \text{B}= \text{Bus} \\ \text{T}= \text{Train} \\ \text{P}= \text{Plane}B=Bus T=Train P=Plane \text{M}= \text{Morning} \\ \text{E}= \text{Evening}M=Morning E=Evening \quad

Answers

Answer:

Step-by-step explanation:

The answer is (Sonya only) don’t know the explanation but I literally got the answer right soo trust me.

2. How many students are there in Katy's study?
Write your answer in the space below.

Answers

Answer:

39 Students

Step-by-step explanation:

Answer:

there are 38 students

Step-by-step explanation:

9+10=19  

19+7= 26

26+18=38

PLEASE HELP ME GOOD RATING

Answers

Answer: 76 %
Explanation:
What I did below was create a ratio table with a part whole relationship. The whole for the money was the income and the for the money part was the taxes. Then on the other side is perfect since every percent is out of 100, 100 is on the whole side. Then I used x to represent the percent of her annual income she pays in taxes. In order to find x you multiply the taxes by 100 and divide by the income.

So the Nader is 300 and the other one is 400
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