The formula for compound interest is:

Where:

A = the future value of the investment (including interest)
P = the principal investment amount (the initial deposit amount)
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per year
t = the number of years the money is invested for

If Josh invests $500 in a 5-year fixed interest savings bond that pays 5% per annum, how much will his entire investment be worth at the end of the term?

Answers

Answer 1

Answer:

Future value, A = $642

Step-by-step explanation:

Given the following data;

Principal = $500

Interest rate = 5% = 5/100 = 0.05

Time, t = 5 years

n = 365

To find the future value, we would use the compound interest formula;

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

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

n is the number of times the interest is compounded in a year.

t is the number of years for the compound interest.

Substituting into the equation, we have;

[tex] A = 500(1 + \frac{0.05}{365})^{365*5}[/tex]

[tex] A = 500(1 + 0.000137)^{1825}[/tex]

[tex] A = 500(1.000137)^{1825}[/tex]

[tex] A = 500*1.2840 [/tex]

Future value, A = $642


Related Questions

I will venmo if someone can please help me

Answers

Answer: 14.967

Step-by-step explanation:

Use Pythagorean Theorem to find the missing length.  

a² + b² = c²        

x² + 10² = 18²      

x² + 100 = 324         [Subtract 100 from both side]  

          x²= 224        

      √x² = √224     [solve the square root from both sides]

        x   ≈  14.967

write an expression that mean "eight less than product of seven and X".​

Answers

Answer:

7x - 8

Step-by-step explanation:

eight less than product of seven and X

seven and x = 7x

eight less than = - 8

put it all together = 7x - 8

Answer:

7x - 8

Step-by-step explanation:

product of seven and X

7 X x = 7x

8 less than it

7X - 8

This is because we're looking for something that is smaller than 7X by 8

Can someone plz help me with my whole homework?


1.The original price is $20. The Percent of Discount is 20%. What is the sale price?

2.The original price is $95. The Percent of Discount is 35%. What is the sale price?

3.The Percent of Discount is 75%. The sale price is $55.50. What is the original price?

4.The Percent of Discount is 40%. The sale price is $78. What is the original price?

5.Find the selling price. The cost to store: $20. The markup: 15%.

6.Find the selling price. The cost to store: $56. The markup: 80%.

7.Find the selling price. The cost to store: $110. The markup: 140%.

8.A store buys an item for $10. To earn a profit of $25, what percent does the store need to markup the item?

9.An account earns simple interest. Find the interest earned.
$400 at 7% for 3 years

10.An account earns simple interest. Find the balance of the account.
$400 at 7% for 3 years

11.An account earns simple interest. Find the interest earned.
$1200 at 5.6% for 4 years

12.An account earns simple interest. Find the balance of the account.
$1200 at 5.6% for 4 years

13.Find the annual interest rate.
I = $18, P = $200, t = 18 months

14.Find the annual interest rate.
I = $310, P = $1000, t = 5 years

15.Find the amount of time.
I = $60, P = $750, r = 4%

16.Find the amount of time.
I = $825, P = $72500, r = 5.5%

17.You put $500 in a savings account. The account earns $15.75 simple interest in 6 months. What is the annual interest rate?

Answers

Answer:

Step-by-step explanation:

Answer:

people may not be doing it because u have it up for 5 points and it is alot  of work.

Step-by-step explanation:

Can someone help me with this please

Answers

Answer:

Step-by-step explanation:

As we know, the four angles of the rectangle are 90°.

So, we need to find ∠AEB first.

∠AEB=180-44-90 (∠s sum of Δ)

= 46°

We can then work out x.

x=180-59-46 (adj. ∠s on st. line)

x=75°

Round 1231.50432 to the nearest tenth

Answers

Answer:

1231.5

Step-by-step explanation:

I hope this help.

Which graph represents the function?

f(x)=−x2+x+6

Answers

First page , second image is the correct answer :)

Express as a difference: a+b, a+5

Answers

Answer:

a - (-b), a - (-5)

Step-by-step explanation:

A double negative negative is a positive, so a - (-b) = a + b, and a - (-5) is a + 5. However, a double negative is still a difference, so this answer works.

Answer:

The answer is a-(-b)

Step-by-step explanation:

It says difference, so you delete plus sign with minus sign

I need help with that one anyone can help me please

Answers

Answer:

11: 1 tens, 1 ones      17: 1 tens, 7 ones     17 is greater number, it is greater by 6


If
[tex] \alpha \beta [/tex]
are the roots of 3x²+2x-1=0 then 1/
[tex] \alpha [/tex]
+1/
[tex] \beta [/tex]
is​

Answers

Answer:

2

Step-by-step explanation:

Given the quadratic equation

3x²+2x-1=0

Let tthe root be α and β

Sum of root α+β = -b/a

Product of root αβ = c/a

Given that;

a = 3, b = 2 and c = -1

α+β = -2/3

αβ = -1/3

To get 1/α + 1/β

Find the LCM

1/α + 1/β

= (α+β)/αβ

= (-2/3)/(-1/3)

= -2/3 * 3/-1

=  2

Hence the required answer  is 2

Betty made $200 salary plus 5% commission on her sales this week. If she made $275 this week, what
were her total sales this week?

Answers

Answer:

$36.00 i think

Step-by-step explanation:

(16y ⁵/ 4y³) ¹/2 simplify expression

Answers

2y

Step-by-step explanation:

16y^5-3/4)

16y²/4)

4y²)1/2

2y

An angle with a measurement of 90 degrees is called?

Answers

Answer:

A right angle

Step-by-step explanation:

Answer:

Right angle. Its angle is in the corner and measured 90 degrees.

Step-by-step explanation:

what is the slope of (4,7) (9,7)?! please help i tried omni and it didn't give me an answer

Answers

Answer:

0

Step-by-step explanation:

Use the distributive property to write an equivalent expression. (6+8)x 2​

Answers

28 is the correct answer

A square pyramid has a base with a side length of 6 inches and lateral faces with heights of 11 inches. What is the surface area of the pyramid?

Answers

Answer:

[tex]\huge\boxed{\sf 168\ in.\²}[/tex]

Step-by-step explanation:

Surface area of the base:

= Length * Length

= 6 * 6

= 36 in.²

Surface Area of 1 Lateral Face:

= [tex]\sf \frac{1}{2} (Base * Height)[/tex]

Base = 6 inches

Height = 11 inches

= 1/2 (6*11)

= 3 * 11

= 33 in.²

Surface Area of 4 lateral faces:

= 33 * 4

= 132 in.²

Surface Area of the whole pyramid:

= 132 + 36

= 168 in.²

[tex]\rule[225]{225}{2}[/tex]

Hope this helped!

~AH1807

Answer:

SA = 168 in.²

Step-by-step explanation:

The surface area is the sum of the area of the base and the areas of the 4 congruent triangular sides.

s = side of the base

h = height of each side

SA = s² + 4(sh/2)

SA = (6 in.)² + 4(6 in.)(11 in.)/2

SA = 36 in.² + 132 in.²

SA = 168 in.²

What's the slope of the line through (1,3) and (-2,-3)

Answers

Answer:

m = 2

The slope of the line through (1, 3) and (-2, -3) is 2!

The formula to find the slope is attached below.

Hope I was of help. Have a good new year!

Most states and Canadian provinces have government-sponsored lotteries. Here is a simple lottery wager, from the Tri-State Pick 3 game that New Hampshire shares with Maine and Vermont. You choose a three-digit number; the state chooses a three-digit winning number at random and pays you $500 if your number is chosen. Because there are 1000 three-digit numbers, you have probability 1/1000 of winning. Taking X to be the amount your ticket pays you, the probability distribution of X is Payoff X Probability: $0.00 0.999 What is your average payoff from many tickets

Answers

Answer:

For many(n) tickets, the average payoff is 0.5n, in which n is the number of tickets.

Step-by-step explanation:

1/1000 chance of winning.

This means that there is an 1/1000 probability of you earning $500.

1 - 1/1000 = 999/1000 chance of losing.

In this case, you earn nothing.

What is your average payoff from many tickets

[tex]A = \frac{500*1}{1000} + \frac{0*999}{1000} = \frac{500}{1000} = 0.5[/tex]

Your average payoff from a ticket is 0.5. So for many(n) tickets, the average payoff is 0.5n, in which n is the number of tickets.


Mr. Bernstein owns 11 paintings, but has only enough wall space in his home to display five of
them at any one time. How many ways can Mr. Bernstein display three paintings in his home?

Answers

Answer:

In algebra, we often study relationships where a change to one variable causes change in another variable. Describe a situation you’re familiar with where one quantity changes constantly in relation to another quantity. How are the two quantities in the situation related? If you represent the two quantities on a graph, what will it look like?

Step-by-step explanation:

If the sum of two numbers is 10 and the diffference is 6, find the numbers​

Answers

8 and 2
8+2 = 10
8-2 = 6

X + y = 10

Rewrite as y = 10-x

Y - x = 6

Replace y

10-x -x = 6

Simplify:

10-2x = 6

Subtract 10 from both sides:

-2x = -4

Divide both sides by -2:

X = 2

Now replace x in the first equation:

2 + y = 10

Subtract 2 from both sides:

Y = 8

The two numbers are 8 and 2

A15,3), B12,1), and C-2, 4) are the coordinates of a triangle's vertices. If the triangle is reflected over the x-axis, what are
the coordinates of the image?
O A'(-5,3), B(-2,1), C(2,4)
A'(-5,3), B(-2,1). C(-2,4)
O A'(-5,-3), B(-2,-1), C(2,-4)
A(5.-3), B(2.-1). C(-2,-4)

Answers

The answer is a(5,-3) b(2,-1) c(-2,-4)


Find the equation of the line through (-5,4) which is parallel to the line y=-x+6.
Give your answer in the form y=mx+b

Answers

Answer:

[tex]y = -x -1[/tex]

Step-by-step explanation:

Given

Passed through (-5,4)

Parallel to: y=-x + 6

Required

Determine the line equation

If it is parallel to: y=-x + 6, then it means that they have the same slope.

A linear equation y = mx + b has the slope m.

So, by comparison of y = mx + b  to y = -x + 6

[tex]m = -1[/tex]

The line equation is then calculated as:

[tex]y=m(x - x_1) + y_1[/tex]

Where

[tex]m = -1[/tex]

[tex](x_1,y_1) = (-5,4)[/tex]

So:

[tex]y = -1(x - (-5)) + 4[/tex]

[tex]y = -1(x +5) + 4[/tex]

[tex]y = -x -5 + 4[/tex]

[tex]y = -x -1[/tex]

When a button is pressed, a computer program outputs a random odd number greater than 1 and less than 9.  You press the button 4 times. How many possible outcomes are there?​

Answers

Answer:

Well if it is 1 to 9 and you press it 4 times you will have 9 possible outcomes

Step-by-step explanation:

The number of possible outcomes when the button is pressed 4 times is; 81 outcomes

Number of possible outcomesWhen the button is pressed first, the possible choices of random odd number are; 3, 5 and 7.

This is because the sample space includes odd numbers between 1 and 9 excluding 1 and 9.

Since number of possible choices for one press is 3,then for four presses, we will have;

3⁴ = 81 possible outcomes

Read more on probability outcomes at; https://brainly.com/question/25376712

... Helppppp!! will mark brainiest

Answers

Answer: The answer is C

Step-by-step explanation:

C is the answer because the base is +2 and the coefficent  is  1/2 which is rise over run so you go up one space and to the right two spaces.          

What is the average rate of change for f(x) = 2X – 12 over the interval 4sxs8?
A)
10
B)
30
60
D
90

Answers

Answer:

Step-by-step explanation:

I think its B, (30)

The greater number
Is 0.098% greater than 7 1/3

Answers

Answer:

the greater number is 7 1/3.

PLEASE HELP!!!!!! ILL GIVE BRAINLIEST *EXTRA 40 POINTS** !! DONT SKIP :((

Answers

X= -10
Y=7
Y=1/5X+9
Y=1/5 •(-10)+9
Y= -10/5 + 9
Y= -2+9
7=7

Y= -1/2 • (-10) +2
Y= 10/2 +2
Y=5+2
7=7

Yes

Graphic DesignWorks ships the T-shirts it makes in boxes that measure 24 in
x 18 in x 16 in. The company rents a storage space that measures 400 ft x
240 ft x 60 ft. What is the best estimate of the number of boxes Graphic
DesignWorks is able to store?
A. 576,000 boxes
B. 1,440,000 boxes
C. 6912 boxes
D. 972,000 boxes

Answers

Answer:The answer is c

Step-by-step explanation:

The best estimate of the number of boxes Graphic DesignWorks is able to store is 1440000 boxes.

What is volume?

Volume is the three-dimensional space enclosed by a three-dimensional object.

We have to find the volume of the box and the volume of the storage space.

The volume of the box:

Volume = length × breadth × height

= 24 × 18× 16 in³

=6912 in³

The volume of the storage space:

Volume = length × breadth × height

= 400 × 240 × 60 ft³

= 5760000 ft³

We have to convert this into inches. We know that  1 foot = 12 inches.

Therefore, 5760000 ft³ = 5760000 × (12)³ in³

We have to divide the volume of the storage space by the volume of the box to find the number of boxes that it can fit:

Number of boxes that can fit inside the storage space = (5760000 × (12)³ in³)/6912 in³

= 1440000 boxes.

Thus, the best estimate of the number of boxes Graphic DesignWorks is able to store is 1440000 boxes. The correct answer is option B.

Learn more about volume here-https://brainly.com/question/25736513

#SPJ2

(a) Mary and Cynthia were building a cone-shaped sand castle. After some time, the diameter of
the sand shaped cone was 14 in. and the height was 15 in. What is the appoximate volume of the
sand cone rounded to the nearest tenth? (Show work!!) PLEASE HELP!

Answers

Answer:

[tex]\displaystyle V\approx 769.7\text{ in}^3[/tex]

Step-by-step explanation:

We are given that the diameter of the sand-shaped cone is 14 inches, and the height is 15 inches.

The volume for a cone is given by:

[tex]\displaystyle V=\frac{1}{3}\pi r^2h[/tex]

Where r is the radius and h is the height.

Since the diameter is 14, the radius is 7.

And we are given that the height is 15.

Therefore, the volume will be:

[tex]\displaystyle V=\frac{1}{3}\pi (7)^2(15)[/tex]

Use a calculator:

[tex]\displaystyle V\approx 769.7\text{ in}^3[/tex]

The volume of the cone is approximately 769.7 cubic inches.

If f(x)=3x^2+x-2, then f(-2)=

Answers

Answer:

f(- 2) = 8

Step-by-step explanation:

To evaluate f(- 2) , substitute x = - 2 into f(x) , that is

f(- 2) = 3(- 2)² + (- 2) - 2 = 3(4) - 2 - 2 = 12 - 4 = 8

Find the area of each. Use pi = 3.14

Answers

Answer:

452.16 inches

Step-by-step explanation:

A = pi r^2

A = 3.14 * (12)^2

A = 3.14 * 144

A = 452.16 inches

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