You are looking to save money to start a business. You currently have $500 saved up. We JustWantUrMoney Bank offers a savings account with 12%
interest, compounded annually. How much money would you have after 10 years? Round to the nearest cent, if necessary.

Answers

Answer 1

Answer:

You would have $1552.9 after 10 years.

Step-by-step explanation:

Compound interest:

The compound interest formula is given by:

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

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.

You currently have $500 saved up.

This means that [tex]P = 500[/tex]

12% interest, compounded annually.

This means that [tex]r = 0.12, n = 1[/tex].

How much money would you have after 10 years?

This is A(10). So

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

[tex]A(10) = 500(1 + \frac{0.12}{1})^{10}[/tex]

[tex]A(10) = 1552.9[/tex]

You would have $1552.9 after 10 years.


Related Questions

round to the nearest hundredth . 7.428

Answers

Answer:

7.43

hope this helps

have a good day :)

Step-by-step explanation:

Answer:

7.43

Step-by-step explanation:

So lets go over a few things:

In decimal form, you start of in the tenths.

So in this case that is 4.

After tenths, is hundreths, thousandths, ten thousandths, etc.

Since hundreths comes after the tenths, that will be 2.

Any number 5 or greater will be rounded up, and any number below 5 is rounde down.

Now, to find if we raise or lower the hundreths(which is 2), we must see if the thousandth splace is above or lower than 5.

We can see that our thousandths is 8.

Since 8 is higher than 5, the 2 in our hundreths place will go up to 3.

So we get:

7.43

Hope this helps!

Suppose N in L(V) is nilpotent. Prove that the minimal polynomial fo N is z^m+1, where m is the length of the longest consecutive strong of 1st that appears on teh line directly aoce the diagonal in teh matrix of N with respect to any jordan basis for N.

Answers

Answer: your question is poorly written attached below is the complete and well written question

answer : The minimal polynomial has degree m + 1 hence Z^m+1

Step-by-step explanation:

Given that

N ∈ L(V) is nilpotent

attached below is the required prove

Suppose the length of each side of a square is increased by 5 feet. If the perimeter of the square is now 56 feet, what were the original side lengths of the square? A. 9 ft B. 11 ft C. 14 ft D. 36 ft​

Answers

Answer:

D.  36 ft

Step-by-step explanation:

5 feet added to each of 4 sides is 20 feet

56 - 20 = 36

(1 point) Some shrubs have the useful ability to resprout from their roots after their tops are destroyed. Fire is a particular threat to shrubs in dry climates, as it can injure the roots as well as destroy the aboveground material. One study of resprouting took place in a dry area of Mexico. The investigation clipped the tops of samples of several species of shrubs. In some cases, they also applied a propane torch to the stumps to simulate a fire. Of 16 specimens of a particular species, 7 resprout after fire. Estimate with 99% confidence the proportion of all shrubs of this species that will resprout after fire.

Answers

Answer:

The answer is "[tex]0.45 \pm 0.18204[/tex]"

Step-by-step explanation:

For the +4 sample proportion[tex]= \frac{(7+2)}{(16+4)} = \frac{9}{20} = 0.45[/tex]

Sample percentage measurements estimated stdev

[tex]= \sqrt{\frac{[(0.45)(1-0.45)]}{[(16+4)]}}\\\\ = \sqrt{\frac{[(0.45)(0.55)]}{[(20)]}}\\\\ = \sqrt{\frac{0.2475}{20}}\\\\= \sqrt{0.012375}\\\\=0.111[/tex]

Calculating the critical z for a=0.1, two-tailed = 1.64

Calculating the confidence interval:

[tex]= 0.45 \pm 0.111 \times 1.64 \\\\= 0.45 \pm 0.18204[/tex]

I need the answer n 30 minutes, please!
For which values of the parameter p equation
x ^ 2-px + 3 = 0
has a root in the range [0; 1], and another that does not belong to this range?

Answers

Answer:

p = 4

Step-by-step explanation:

Given the expression x ^ 2-px + 3 = 0

If x = 0 is a solution

Substitute into the expression

0² - 0p + 3  = 0

-0p = -3

p = 3/0

p cannot be determined for this root

If x = 1

1² - 1p + 3 =0

1 - p + 3 = 0

-p+4 = 0

-p = -4

p = 4

Hence the va;ue of p is 4

Anna bought 3 types of fruit for a fruit salad. She paid three times as much for blueberries as for pears and $2.50 less for strawberries than for blueberries.
If The total cost was $13.25 how much did Anna spend on each type of fruit

Answers

Answer:

Anna spent $ 2.25 on pears, $ 6.75 on blueberries, and $ 4.25 on strawberries.

Step-by-step explanation:

Given that Anna bought 3 types of fruit for a fruit salad, and she paid three times as much for blueberries as for pears and $ 2.50 less for strawberries than for blueberries, if the total cost was $ 13.25, to determine how much did Anna spend on each type of fruit, the following calculation must be performed:

Pears: X

Blueberries: 3X

Strawberries: 3X - 2.5

X + 3X + 3X - 2.5 = 13.25

7X = 13.25 + 2.5

X = 15.75 / 7

X = 2.25

Pears: 2.25

Blueberries: 3 x 2.25 = 6.75

Strawberries: 3 x 2.25 - 2.50 = 6.75 - 2.50 = 4.25

2.25 + 6.75 + 4.25 = 13.25

Therefore, Anna spent $ 2.25 on pears, $ 6.75 on blueberries, and $ 4.25 on strawberries.

Fat Kat's offers a special on large two topping pizzas. In how many different ways can you order a two topping pizza if you can choose from 18 toppings? NO LINKS!!!​

Answers

Answer:   153

=======================================================

Explanation:

There are 18 ways to pick the first topping and 18-1 = 17 ways to pick the next topping. Picking the same topping again doesn't make much sense (though I suppose it could mean that you just want more of that topping than usual?), so that's why we have the 18 drop to 17 when making that second selection.

If the order of toppings mattered, then we'd have 18*17 = 306 permutations. However, the order of toppings doesn't matter. All that matters is the group rather than the individual toppings. When counting out the 306 permutations, we've overcounted by a factor of 2. In other words, we've double counted.  

So we must divide by 2 to fix this double count. That leads to 306/2 = 153 combinations

------------------------

The alternative method involves using the nCr combination formula

Use n = 18 and r = 2 in this formula

[tex]_n C _r = \frac{n!}{r!*(n-r)!}[/tex]

the exclamation marks indicate factorial.

What is the volume of a sphere with a surface area of 25pi / (d ^ 2)

Answers

Answer:

B. [tex] \frac{125}{6}* \pi [/tex] yd³

Step-by-step explanation:

Given:

Surface area of a sphere = 25π yd²

Required:

Volume

Solution:

Let's find the radius (r) first.

S.A of sphere = 4πr²

Substitute

25π = 4πr²

Divide both sides by 4π

25π/4π = r²

25/4 = r²

Take the square root of both sides

√25/√4 = r

5/2 = r

r = 5/2 yd

Find the Volume of the sphere

V = ⁴/3*πr³

V = ⁴/3*π*(⁵/2)³

V = ⁴/3*π*125/8

V = ⅓*π*125/2

V = [tex] \frac{1*125}{3*2}* \pi [/tex]

V = [tex] \frac{125}{6}* \pi [/tex] yd³

Find one value of x that is a solution to the equation:
(x2 – 6)2 = -3x2 + 18

Answers

The value of x is at a site

Please help me I am super confused I would really appreciate it ♥️♥️

Answers

the answer is f(x)=710x4^t

HELP QUICK!!!!!!!! GIVING BRAINLIEST!!

Answers

3x. =180-90

3x. =90

x. =30

Jill bought 3 boxes of ice pops. Each box contains 4 orange ice pops and some cherry ice pops. The number of cherry ice pops in each box was the same. Jill bought 36 ice pops in all. What are the 2 steps of this equation and how many cherry ice pops are in each box?

Answers

Answer: 9 cherry ice pops

Step-by-step explanation:

if you bought 3 boxes and there is four orange one in each pack the that is

12 and 36 divided by 4 is 9 so there is 9 cherry ice pops

Please I need it now


A rational number is terminating decimal, if its denominator has
no prime factor other than:
A. 2 and 3 B. 3 and 5 C. 2 and 5 D. 2 and 7


Answers

Answer:

it's C. 2 and 5...

Step-by-step explanation:

If the denominator of rational number contains no prime factors other then 2 or 5 or both, then this rational number can be expressed as terminating decimal. So the correct answer is option is C

PLS HELP ASAP!! need the answer

Answers

Answer:

60 degrees

Step-by-step explanation:

What are the coordinates of the solution of these two linear equations

Answers

Hi there! The solutions of two linear equations can be broken into 3 types:

Infinitely Many SolutionsOne Solution No Solution

This is from the system of equations where you solve for the y-value and x-value by substitution method or elimination method.

From the question above, the question asks you to find the coordinate of the solution of the equations. But how do we know the coordinate point of the solution if we aren't given any equations? They don't give equatione but they give a graph instead.

Now I would like you to take a look at the graph. You notice that both graphs have one intersect point, right? That point is our solution!

Hence, we can say that an intersection point of two graphs is the solution of both equations.

The graphs intersect each others at (2,1). Thus the answer to this question is (2,1)

Questions can be asked through comment.

Furthermore, an intersection point of two graph is the solution to the equation of the graphs.

Hope this helps, and Happy Learning! :)

Answer for brainlest

Answers

Answer:

these are corresponding angles

Answer:

Step-by-step explanation:

angle 8 and angle 4 are called corresponding angles.so,

angle 8=angle 4

16 meters of rope, i want to cut pieces of rope 0.2meters long. how many pieces can cut?​

Answers

Answer:

80

Step-by-step explanation:

because 16 decided by 0.2 is 80

hope this helps!!!!

PLEASE HELP ASAP

PICTURE PROVIDED

Answers

Answer:

(x+1)(x+3)(x+5)

Step-by-step explanation:

work out the area of this circle. take pi to be 3.142 and give your answer to be 2 decimal places. 11,2 cm

Answers

Answer:

11.2 i think so but you will write 11.2

There are 4 red marbles and 8 blue marbles in a bag. Mark draws a blue marble out of the bag and does not replace. then jake draws another blue marble out of the bag.
Now what are the probabilities of drawing another blue marble?
NEED ANSWER ASAP PLS!!!

Answers

Answer:

Probability will be 4 by 6

fx= ab*2÷t*2, make t the subhect of the formulae
[tex]fx = ab { }^{2} \div t {?}^{2} [/tex]

Answers

Answer:

t = √ab²/fx

Step-by-step explanation:

fx= ab*2÷t*2, make t the subject of the formulae

​Given the function

fx = ab²/t²

We are to make t the subject of the formula

fxt² = ab²

t² = ab²/fx

Take the square root of both sides

√t² = √ab²/fx

t = √ab²/fx

Hence the required value of t is √ab²/fx

The area of a rectangle is given by 3x3+14x2−23x+6. The width of the rectangle is given by x + 6. Find an expression for the length of the rectangle.

Answers

Answer:

is that 3x or mutiply sign

Answer:

3x^2-4x+1

Step-by-step explanation:

escreva na forma ax2+bx+c=0 as seguintes equações do 2° grau

Answers

The answer is 2x(5+3)

Express 5 cm in metre and kilometre.in decimals........................

Answers

Answer:

0.05 metre

5×10^5 kilometer

1.9685

If h(x) = 6 – X, what is the value of (hon (10)? O 4 -2 10 If p(x) = 2x2 - 4x and q(x) = x - 3, what is (pºq)(x)? O 2x2 - 4x + 12 O 2x2 – 16x + 18 O 2x2 – 16x + 30 O 2x2 – 16x + 15

Answers

2(x2-6x+9)-4(x-3) .... Report. 10/05/20 ... Since p(x) = 2x2 - 4x, we get: 4 - 4(x-3) = 4 - 4x + 12 = -8 - 4x (assuming 2x2 ... 4x. Note ** if in the original equation "2x2" means "2 times x to the power of 2" ... No packages or subscriptions, pay only for the time you need.2 answers Top answer:

p(x) = 2x2 – 4x and q(x) = x – 3, (p•q)(x).

The value of h(10) if h(x) = 6 – X and (pºq)(x) are -4 and 2x² - 16x + 18 respectively

How to solve equation

h(x) = 6 – x

h(10) = 6 - 10

= -4

If

p(x) = 2x² - 4x

q(x) = x - 3

(pºq)(x)

= (2x² - 4x) (x - 3) × 4

= 2x² - 16x + 18

Learn more about equation:

https://brainly.com/question/2972832

What is the range of y= sec-'(x)? PreCal, send help please!!

Answers

Given:

The function is:

[tex]y=\sec^{-1}(x)[/tex]

To find:

The range of the given function.

Solution:

We have,

[tex]y=\sec^{-1}(x)[/tex]

The range of secant inverse function is:

[tex]Range=\{y|0\leq y\leq \pi , y\neq \dfrac{\pi}{2}\}[/tex]

The range of the given function in interval notation is:

[tex]Range=\left[0,\dfrac{\pi}{2}\right)\text{ and }\left( \dfrac{\pi}{2}, \pi\right ][/tex]

Therefore, the correct option is C.

A blue whale swims at -26.3 meters. A bald eagle flies at 17.8 meters.

Which animal matches each description?

located at great altitude

and

closer to sea level

Answers

A bald eagle. It’s higher and the analogue value, distance away from the ocean is closer to zero, so it’s closer to sea level

WILL GIVE U BRAINLIEST
ABCD is a rectangle. AB = x + 7, BC = 2x + 19. What is the CD?

A. 2x + 133
B. X + 7
C. 5x + 38
D. 2x + 14

Answers

Answer:

A rectangle has its Opposite sides Equal.

Draw one so you'd grab it better.

AB=CD

BC= AD

Since CD=AB and We're given AB=x+7...

CD = x + 7

OPTION B IS LEGIT!!

If 8,a,b,27 are in geometric sequence, find the value of a and b.​

Answers

Answer:

a = 12 and b = 18

Step-by-step explanation:

Given that,

8,a,b,27 are in geometric sequence.

For a GP, the nth term is given by :

[tex]a_n=ar^{n-1}[/tex]

Put n = 4

[tex]a_4=ar^{4-1}\\\\a_4=ar^3\\\\27=8\times r^3\\\\r^3=\dfrac{27}{8}\\\\r=\dfrac{3}{2}=1.5[/tex]

Put n = 2,

[tex]a_2=ar^{2-1}\\\\a=ar\\\\a=8\times 1.5\\\\a=12[/tex]

Put n = 3

[tex]a_3=ar^2\\\\=8\times 1.5^2\\\\b =18[/tex]

So, the values of a and b is 12 and 18 respectively.

if the simple interest on $1000 for 10 years is $400, then what is the interest rate?

Answers

The interest rate on this problem would be 4 percent
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