You deposit $2700 in an account that pays 3% annual interest compounded weekly. How much money is in the account after 5 years?

Answers

Answer 1

Answer:

A = $3136.86

Step-by-step explanation:

Given the following data;

Principal = $2700

Interest rate = 3% = 3/100 = 0.03

Number of times = 52

Time = 5 years

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 = 2700(1 + \frac{0.03}{52})^{52*5}[/tex]

[tex] A = 2700(1 + 0.0005769)^{260}[/tex]

[tex] A = 2700(1.0005769)^{260}[/tex]

[tex] A = 2700(1.1618)[/tex]

A = $3136.86


Related Questions

Can you help me, please please!!!

Answers

Answer:

1.4/10=2/5

2.4/8=1/2

3.8/12=2/3

4.7/5=14/10

5.1/3=2/6

math quick i need help hurry 15 points :)

Answers

Answer:

B

Step-by-step explanation:

I don't know how to explain it but

10/2=5 (Driver A)

20/2= 10 (Driver B)

Sorry if it's not right

What is the rectangular form of 6(cos(2250)+ i sin(2250)?

Answers

9514 1404 393

Answer:

  -4.24264 -4.24264i

Step-by-step explanation:

Evaluate the sine and cosine terms and multiply.

   6(cos(225°) +i·sin(225°)) = 6(-√2/2 -i·√2/2)

   = -3√2 -i·3√2 ≈ -4.24264 -4.24264i

Answer:The correct answer is (A) - 3√2 - 3√2 i

If 65% of Americans are overweight, how many people would be overweight in a city of 1.5 million?

Answers

Answer:

hey There

Step-by-step explanation:

This compares with 27.5 percent of those age 55 to 64 and 25.6 percent of those age 65 to 74. With respect to being overweight, 31.8 percent of the individuals 75 and older were such, while 37.9 percent of 55 to 64 year olds and 37.8 percent of individuals age 65 to 74 were overweight (figure 1).

Answer:

66.9%

i hope thats right

Please answer quick just super small explanation pls hurry quick for brainlessly answerr

Answers

Answer:

A

Step-by-step explanation:

2x/√2

2x/√2 x √2/√2 = 2x√2/2

x√2

2/3a-7+7/18a-5 1/6 no need explanation just the answer

Answers

Answer:

19a−219/18

Step-by-step explanation:

(2)/(3)a-7+(7)/(18)a-5(1)/(6)

=19a−219/18

Simplify the following expression completely, where x 20.
x5xy* + 405x’y* - 180x’y4
O xy2 5x + xy? V405x – xy2/80x
0 6xyV5x
-3xy 5x + xy? J405x
O 6xy ſ5x}

Answers

Answer:

Option B is your answer

Step-by-step explanation:

hope it helps

have a great day!!

Answer:

A.) -80X^8 + 40x^7 -5x^6 -3x^2

Its OPTION A

Step-by-step explanation:

3x-2y=8 2x+y=10 solve system of equations

Answers

Answer:

x=4,y=2

Step-by-step explanation:

3x-2y=8 ..........1

2x+y=10...........2

multiply equation 2 by 2 and adding equation 1 and 2 ,we get

3x-2y=8

4x+2y=20

+_________

7x=28

x=28/7=4

:.x=4

again substituting value of x in equation 1 we get

3×4-2y=8

12-8=2y

y=4/2=2

:.y=2

What is the value of x in the equation 2/3x = 12

Answers

Answer:

x = 8

The value of 'x' is 8

Step-by-step explanation:

2/3(8)=12

2/(24)=12

Good luck!!

Two swim clubs are having a membership sale. Aqua Plus is offering a two-year membership for $479.76. Water
World is offering an 18-month membership for $350.00. Which describes the swim club that has the lower-priced
offer?
O Aqua Plus has the lower cost of $239.88 per year
O Water World has the lower cost of $239.88 per year.
O Aqua Plus has the lower cost of $19.44 per month
Water World has the lower cost of $19.44 per month

Answers

Answer:

option d is correct

Step-by-step explanation:

hope this helped

Answer:

D

Step-by-step explanation:

Edge 2019

what is the measurement of YVX?​

Answers

Answer:

the measurement of YVX is 88°

Need help 15 points pls help me

Answers

5 1/2 feet is the base of window.

Answer:

area of parllelogram =base×height

25 2/3=base×4 2/3

77/3=base×14/3

77/3×3/14=base

base=77/14=11/2=5 1/2feet

Round the fraction to 0, 1/2, or 1.



4/7

Answers

Answer:

It is closer to 1/2 than anything

Step-by-step explanation:

so 1/2

2/6+1/4
Show work please
And no links

Answers

Answer:

7/12

Step-by-step explanation:

1/3+1/4

convert to twelfths

4/12+3/12

7/12

Answer:

7/12

Step-by-step explanation:

2/6 + 1/4

Change the denomintors to be alike  (Change the denominators to 12) 4/12 + 3/12

Multipy the top and bottom  

Add

Get 7/12

Brainliest?

A rainstorm in Portland, Oregon, has wiped out the electricity in about 7% of the households in the city. A management team in Portland has a big meeting tomorrow, and all 6 members of the team are hard at work in their separate households, preparing their presentations. What is the probability that none of them has lost electricity in his/her household

Answers

Answer:

0.647 = 64.7% probability that none of them has lost electricity in his/her household

Step-by-step explanation:

For each household, there are only two possible outcomes. Either they lost electricity, or they did not. The probability of a household losing electricity is independent of any other household. This means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

A rainstorm in Portland, Oregon, has wiped out the electricity in about 7% of the households in the city.

This means that [tex]p = 0.07[/tex]

6 members

This means that [tex]n = 6[/tex]

What is the probability that none of them has lost electricity in his/her household?

This is P(X = 0). So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{6,0}.(0.07)^{0}.(0.93)^{6} = 0.647[/tex]

0.647 = 64.7% probability that none of them has lost electricity in his/her household

a cylinder has a base diameter of 20 centimeters and a height of 14 centimeters what is the volume in cubic meters to the nearest tenths place ​

Answers

Answer : V≈4398.23cm³

If one pair of supplementary angles is a right angle, the other angle must also be a right angle true or false?

Answers

Answer: True

Step-by-step explanation:

A supplementary angle refers to the angles that has a sum of 180° when they're added together.

We should note that a right angle equals to 90°, therefore the other angle in the supplementary angle will be:

= 180° - 90°

= 90°

Since a right angle equals 90°, then the other angle must be a right angle.

Therefore, the answer is TRUE.

which expression is equivalent to -3x^2 +24x-43 ?

A.-3(x-4)^2-59

B.-3(x+4)^2+5

C.-3(x-4)^2+5

D.-3(x+4)^2-59

(x^2means power to the second )

Answers

Answer:

the answer is B

hope this is the answer you're looking for

Step-by-step explanation:

Ralph opened up his checking account with $100. On Monday, he withdrew $45 to purchase a pair of jeans. On Wednesday, he deposited a $25 check he received for his birthday from his uncle. On Friday, he used his debit card to buy a $98 football ticket. What is the balance in Ralph's checking account?

Answers

Answer:

The answer is -18

Step-by-step explanation:

He starts off with $100 in his account. He then take so $45 to purchase a pair of jeans, so we have to subtract 45 from 100 and that gives us $55. He now has $55 in his account, he then adds another $25 to his account, so we have to add 25 to 55 and that will give us $80 in his account. Finally on Friday he takes out $98 of his checking account. He takes out more than he has in his checking account so we have to subtract $80 from $98 and we will get $18, but since he takes out more than what he has in his account the answer will be negative and we end up with -18 dollars in his checking account.

Answer:72

Step-by-step explanation:

Determine the missing number in the equation 3+7=+4 ANSWER QUICKLY PLEASE

Answers

Answer:

-6

Step-by-step explanation:

3+7=10

10-6=4

so 3+7-6=+4

hope this helps

Answer:

6

Step-by-step explanation:

= means the same as

3+7 = 10

therefore 4 + ?=10

10-4=6

therefore the missing number is 6

=6

With one method of a procedure called acceptance sampling, a sample of items is randomly selected without replacement and the entire batch is accepted if every item in the sample is okay. The ABC Electronics Company has just manufactured 2100 write-rewrite CDs, and 60 are defective. If 3 of these CDs are randomly selected for testing, what is the probability that the entire batch will be accepted

Answers

Answer:

0.9167 = 91.67% probability that the entire batch will be accepted

Step-by-step explanation:

The CDs are chosen without replacement, which means that the hypergeometric distribution is used.

Hypergeometric distribution:

The probability of x sucesses is given by the following formula:

[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]

In which:

x is the number of sucesses.

N is the size of the population.

n is the size of the sample.

k is the total number of desired outcomes.

Combinations formula:

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

2100 write-rewrite CDs, and 60 are defective.

This means, respectively, that [tex]N = 2100, k = 60[/tex]

3 of these CDs are randomly selected for testing

This means that [tex]n = 3[/tex]

What is the probability that the entire batch will be accepted?

Probability of none defective, so P(X = 0).

[tex]P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}[/tex]

[tex]P(X = 0) = h(0,2100,3,60) = \frac{C_{60,0}*C_{2040,3}}{C_{2100,3}} = 0.9167[/tex]

0.9167 = 91.67% probability that the entire batch will be accepted

What is the greatest possible value for STATS in the cryptarithm shown here given that V = 1? [Different letters represent different digits, and no leading digit can equal 0.]

Answers

Answer:

Step-by-step explanation:

HElP ME 5th grade math

Answers

Answer:

(4.80 x 0.05) + 4.80

Step-by-step explanation:

The answer to this question is 35

What is the ratio in simplest form 20: 10

Answers

Answer:

2:1 is the simplest form

Step-by-step explanation:

HELP! 50 POINTS!

A system of equations consists of a line s of the equation y = x - 5 that is graphed in orange, and a line t that passes through the points (0, 2) and (8, -4). The equation of line t is y = −3/4 x + 2.
What is the solution to this system of linear equations?

Answer form: ( __ , __ )

Answers

(4, -1) ---> x = 4 and y = -1

If you look at the graph you can se this

Mark points (0, 2) and (8, -4) in the coordinate plane

Plot the line going through both of these points.

Read the coordinates of the intersection of the line so you can see the solution!

Please help ASAP the question is in the picture and please explain why and how u got the answer

Answers

could you show the picture up closer, so i can see?

Suppose the probability that it will rain tomorrow is 0.59. What is the probability that it will not rain tomorrow?

Answers

Answer:

0.41

Step-by-step explanation:

All probability equals 1. So if the probability that something will happen is x, then the probability that it will not happen is 1-x

A marketing manager wishes to determine whether a relationship exists between the number of cereal boxes (Y) sold at the company's retail store and the number of clerks on duty (X) per day. The sample data below will be used to examine this empirical problem. Calculate the slope of the regression line.

X Y
3 4
2 4
2 2
1 2

a. 0
b. 1
c. 2
d. None of the above

Answers

Answer:

I’m very unsure but I think it is b

Step-by-step explanation:

PLS HELP AND ANSWER QUICK PLZ

Answers

Answer:

X = 90° , Y = 45°,  Z = 45°

Step-by-step explanation:

On the package for a certain brand of spinach seeds there is a guarantee that, if the printed instructions are followed, of planted seeds will germinate. A random sample of seeds is chosen. If these seeds are planted according to the instructions, find the probability that of them germinate. Do not round your intermediate computations, and round your answer to three decimal places.

Answers

Complete question:

On the package for a certain brand of spinach seeds there is a guarantee that, if the printed instructions are followed, 63% of planted seeds will germinate. A random sample of 9 seeds is chosen. If these seeds are planted according to the instructions, find the probability that 4 of them germinate.

Answer:

[tex]P(x = 4) = 0.1376[/tex]

Step-by-step explanation:

Given

[tex]n = 9[/tex]

[tex]p = 63\%[/tex] --- proportion that germinates

[tex]p = 0.63[/tex]

Required

P(x = 4)

This question follows a binomial distribution:

[tex]P(x) = ^nC_x*p^x*(1-p)^{n-x[/tex]

When x = 4;

[tex]P(x = 4) = ^9C_4*0.63^4*(1-0.63)^{9-4[/tex]

[tex]P(x = 4) = ^9C_4*0.63^4*(0.37)^5[/tex]

[tex]P(x = 4) = 126*0.63^4*0.37^5[/tex]

[tex]P(x = 4) = 0.13763895392[/tex]

[tex]P(x = 4) = 0.1376[/tex]

Other Questions
Select all the correct descriptors for the relationship Find the volume of a rectangular prism with a length of 6 cm, width of 2 cm and height of 5 cm. What is the volume of the prism How do you determine the Ka of an unknown acid using a titration curve? What is md enter your answer in the box help pls his it due in 10 min See image for question.Please show workings and diagrams. what is the resistance of a circuit if it has a voltage of 50v and a current of 8 ? and show me the calculations Never drive on the left half of the road If you are on a hill or curve. a) True b) false Which tree above shows a different evolutionary history from the others? Explain your answer.[ ] Which would not be one reason why the self fulling prophecy was not demonstrated at higher grade levels Which choice is NOT a symptom of diabetes?-excessive urination-dehydration-thirst-weight gain Find the slope of the line graphed Read the excerpt from "The Stonecutter: A Japanese Folk Tale.""[H]e learned to be happy with what he had."What does this statement about the stonecutter represent?A) the universal theme of bravery B) success is having your wayC) the storys direct themeD) the storys implied theme does anyone know this pls help QUESTION 64By 1800produced the majority of the world's sugar.O EuropeO North AmericaO Africathe Caribbean A picture is 5 inches wide and 8 inches tall: A rectangle is shown. The length of the rectangle is labeled 5 inches. The width of the rectangle is labeled 8 inches.A photographer wants to use a scale factor of 2.5 to enlarge a picture. What will the area of the picture be after it is enlarged? Let's assume our class is truly representative of the population at large. (a) Calculate the probability of having three right handed people in a sample of 10. Do this using R. (b) repeat, but this time calculate the probability of 3 or less right handed people in a sample of 10.n=17 right handed= 15 left handed=2 This to me makes no sense but i wanna see if people know this +100 point question; FOLLOW THE CORRECT STATEMENT, IN ORDERplease figure out how to do the problem bellow, and go below the project and see until the 8th ppi.The following 8x8-1+9-90+1000-00.89=______? THIS ANSWER IS REQUIRED*Take the following answer above and figure out the question; _____+4005-00000.98- 400+1=___? Forest rangers found that a 20 foot tree casts a 10 foot shadow. How tall is theneighboring tree that casts an 8 foot shadow? Bryan has a collection of baseball cards which he shares equally with his brother, Jude. Bryan also received two cards from his friend, Gene. If Bryan has 8 baseball cards now, how many cards did he originally have in his collection?