after 4 years what is a total amount of a compound interest investment of $30,000 at 2% interest compounded monthly?round to the nearest cent

Answers

Answer 1

Compound interest formula:

A = P (1+r/n)^nt

Where:

A = total amount

P = principal investment

r= interest rate in decimal form = 2/100 = 0.02

t= years

n= number of compounding periods in a year= 12

Replacing:

A = 30,000 (1+0.02/12)^4x12

A = 30,000 (1.001666667)^48

A= 32,496.45


Related Questions

If cos∠E = sin∠F and m∠E = 26°, what is m∠F?

Answers

Step 1

Given;

[tex]\begin{gathered} cosE=sinF \\ measure\text{ of angle E=26}^o \end{gathered}[/tex]

Required; To find the measure of angle F

Step 2

[tex]\begin{gathered} cos26=sinF \\ \sin\left(90^{\circ\:}-26^{\circ\:}\right)=cos26 \end{gathered}[/tex][tex]\begin{gathered} \sin\lparen F)=\sin\left(90^{\circ\:}-26^{\circ\:}\right) \\ sin(F)=sin(64) \end{gathered}[/tex]

Answer;

[tex]m\angle F=64[/tex]

A box, in the shape of a square pyramid, has a base side of 9 in. and a height of 15 in. What is the approximate volume of the box when it is 75% full? (Use V=
'Bh, where B is the area
of the base, and h is the height.)

Answers

The approximate volume of the pyramid when it's 75% full is 303.75 inches³.

How to find volume of a pyramid?

The volume of a square base pyramid can be represented as follows:

volume of the square base pyramid = 1 / 3 Bh

where

B = base areah = height of the pyramid

Therefore, the square bas pyramid has a base side of 9 inches and height of 15 inches. Let's find the volume when it's 75% full.

B = 9² = 81 inches²

h = 15 inches

Therefore,

volume of the square base pyramid = 1 / 3 × 81 × 15

volume of the square base pyramid = 81 × 5

volume of the square base pyramid = 405 inches³

Therefore, when it's 75% full

volume  = 75% of 405

volume = 75 / 100 × 405

volume = 30375 / 100

volume = 303.75 inches³

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Use the diagram and the given angle measure to find the other three measures

Answers

If angle ∠4 = 29 degrees, then

m∠1 = 151 degreesm∠2 = 29 degreesm∠3 = 151 degrees

The m∠4 = 29 degrees

Part 1

The angles on a straight line add up to 180 degrees.

∠4 + ∠1 = 180

29 + ∠1 = 1180

∠1 = 180-29

= 151 degrees

Part 2

The angles on a straight line add up to 180 degrees.

∠1 + ∠2 = 180

151 + ∠2 = 180

∠2 = 180-151

= 29 degrees

Part 3

The angles on a straight line add up to 180 degrees.

∠2 + ∠3 = 180

29 +  ∠3 = 180

∠3 = 180-29

= 151 degrees

Hence, If  angle ∠4 = 29 degrees, then

m∠1 = 151 degreesm∠2 = 29 degreesm∠3 = 151 degrees

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Jane is selling handmade hair bows for $5.25 each. A woman came by to buy some for the girls in her daughter's girl scout troop. She spent $84. How many hairbows did she buy? Show Your Work

Answers

We know that each bow cost $5.25.

We also know that the woman spent a total of $84.

Lets call x the number of bows she bought.

Then, we can write:

[tex]\begin{gathered} 5.25\cdot x=84 \\ x=\frac{84}{5.25}=16 \end{gathered}[/tex]

The woman bought 16 bows.

A bag contains twelve balls labeled 1 through 12. One ball will be randomly picked.
What is the probability of picking an even number?
Write your answer as a fraction in simplest form

Answers

Hello there!

If a bag has 12 balls labelled 1 through 12, that means that the balls inside the bag includes:

1  2  3  4  5  6  7  8  9  10  11  12

When creating a fraction for a probability, the numerator usually consists of a specific probability you are trying to find; the denominator usually consists of the total amount of samples in the bag.

In this example: What is the probability of picking an even number?

Ask yourself: What are we trying to find?

We are trying to find the probability of even numbers.

Then ask yourself: What is the amount of possibilities that we can get an even number from the bag?

The bag consists of: 1  2  3  4  5  6  7 8  9  10  11  12

Even numbers are divisible by 2 and has a remainder of 0 ; which means in this bag, the bolded numbers are even.

Then we can conclude that in this bag, counting all of the bolded numbers, we have 6 possibilities of choosing an even number.

Finally, think about: What is the total amount of samples in this bag?

We know that there are 12 balls, so 12 would be the total amount.

To conclude, we can find 6 even numbers in a bag of 12 balls;

Therefore, the chances you can pick an even number is [tex]\frac{6}{12} ,[/tex] or [tex]\frac{1}{2}[/tex].

Given the points:
(5,2) and (3,-4)
Select the THREE equations that represent the line that passes
through them.

Answers

The equations of the line according to the given points will be:

3x - y - 13 = 06x - 2y - 26 = 012x - 4y - 52 = 0

We know that,

The equation of a line passing through two points is:

( y -y 1) / ( x - x1 ) = ( y2 - y1 ) / ( x2 - x1 )  

(y - 2) / (x - 5) = (-4 - 2) / (3 - 5)

=> (y - 2) / (x - 5) = -6 / -2

=> y - 2 = 3 (x - 5)

=> 3x - 15 - y + 2 = 0

=> 3x - y - 13 = 0

Some more equations of the same line can be calculated just by multiplying the coefficients of x and y so that they remain proportional to the previous equation.

For Example,

6x - 2y - 26 = 012x - 4y - 52 = 0

Here we can see that the coefficients of x and y and also the constant term are proportional to every equation compared with each other.

These lines are also called coincident lines.

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The exponential model A = 64.5 e0.020describes the population, A, of a country in millions, t years after

Answers

The exponential model A=64.5e^0.02t describes the population, A of a country in millions, t years after 2003. The population of the country will be 108 million in

we have the expression

A=64.5e^0.02t

For A=108

substitute

108=64.5e^0.02t

108/64.5=e^0.02t

Apply ln both sides

ln(108/64.5)=ln(e^0.02t)

ln(108/64.5)=0.02t(ln(e))

ln(108/64.5)=0.02t

solve for t

t=ln(108/64.5)/0.02

t=26 years

therefore

2003+26=2029

answer is

year 2029

Express the equation y=x^2+8x+25 in the form y=a(x-h)^2+ka. y=a(x-h)^2+kb. y=(x+4)^2+9c. y=(x-4)^2-9d.y=(x-4)^2+9

Answers

ANSWER :

The answer is B. y = (x + 4)^2 + 9

EXPLANATION :

From the problem, we have :

[tex]y=x^2+8x+25[/tex]

Group the terms in which the constant term and the terms with variables are separated.

[tex]y=(x^2+8x)+(25)[/tex]

add and subtract a variable m to the parenthesis to maintain equivalency.

[tex]y=(x^2+8x+m)+(25-m)[/tex]

Calculate the value of m using b^2/4a^2 with a = 1 and b = 8

[tex]m=\frac{b^2}{4a^2}=\frac{8^2}{4(1^2)}=16[/tex]

Then :

[tex]\begin{gathered} y=(x^2+8x+16)+(25-16) \\ y=(x^2+8x+16)+(9) \end{gathered}[/tex]

The first parenthesis will be a perfect square trinomial.

Factor and simplify :

[tex]\begin{gathered} y=(x^2+8x+16)+9 \\ y=(x+4)^2+9 \end{gathered}[/tex]

Solve 4(3m + 1) − 2m = −16. m = −0.83 m equals negative 20 over 12 m equals negative 17 over 10 m = −2.

Answers

The solution to the equation given as 4(3m + 1) − 2m = −16 is m = -2

How to determine the solution to the equation?

The equation is given as

4(3m + 1) − 2m = −16

Open the brackets in the above equation

So, we have

12m + 4 − 2m = −16

Collect the like terms in the above equation

So, we have the following equation

12m − 2m = −16 -4

Evaluate the like terms in the above equation

So, we have the following equation

10m = −20

Divide both sides by 10

m = -2

Hence, the soluton is m = -2

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Please help me anwser this

Answers

Answer:

(x + 3)² + (y - 6)² = 9

Step-by-step explanation:

the equation of a circle in standard form is

(x - h)² + (y - k)² = r²

where (h, k ) are the coordinates of the centre and r is the radius

here (h, k ) = (- 3, 6 ) and r = 3 , then

(x - (- 3 )² + (y - 6)² = 3² , that is

(x + 3)² + (y - 6)² = 9

10. Eleanor spent 40% of her money on a $130 outfit. How much money
did she have left?

Answers

Answer:

$195

Step-by-step explanation:

40% represents £130

40% : $130

100% : total

To find total:

($130 / 40) x 100 = $325 is the total

If $130 spent:

$325 - $130 = $195 is the amount left

if 124 people attend a concert and tickets for adults cost $2.5 while tickets for children cost $2 and total receipts for the concert was $274, how many of each went to the concert?

Answers

Answer: (52,72) (52 adults and 72 children)

Step-by-step explanation:

1) Create 2 formulas that show the information show above, 2.5x+2y=274 showing how the x is how many adults paid for a ticket and y is how many children paid for a ticket. The second formula being x+y=124 meaning the combination of children and adults equal 124 people.

2) Take those formulas and input them into a graph as shown in the picture (Graph 1)

3) Find the common point shown on the graph (should be the middle grey dot if on Desmos as shown (Graph 2)

4) The common point is (52, 72)

And if you plug these numbers in by replacing the x's and y's i shown in step 1 they bring an output of 274 and 124

Hope this helps :)

8. The equation below is the standard form of a linear equation. += ax+by=c Which of the following is an equivalent equation? A. =−+ y=−abx+cb B. =+ C. =+ y=bax+bc D. =−+

Answers

Answer:

A

Step-by-step explanation:

ax + by = c  Subtract ax from both sides

by = -ax + c  Divide all the way through by b

[tex]\frac{by}{b}[/tex] = [tex]\frac{-a}{b}[/tex] x + [tex]\frac{c}{b}[/tex]

y = - [tex]\frac{a}{b}[/tex] x +[tex]\frac{c}{b}[/tex]

Find the indicated part round your answer to the nearest degree

Answers

Solution

For this case we can do the following:

tan x = 35/30

And we can solve for x and we got:

[tex]x=\tan ^{-1}(\frac{35}{30})=49.39[/tex]

And rounded to the nearest degree is:

49º

How many cups will stack to the top of the door frame?
Explain why...

Answers

Answer:

157 cups

Step-by-step explanation:

First, convert in to cm

83.375 in  * 2.54   Cm/in = 211.77 cm

Each cup adds 1.3 cm to the (9.2 - 1.3 cm) base     (Base is 7.9)

211.77  =  7.9  + 1.3  x          X is the number of cups

         X = 156.9 = ~ 157 cups

Select all that appear in the DOMAIN {(-8,-12),(4,-8), (2, -10),(-10.-16) -16 -12 -10 -8 -2-4

Answers

Domain of a set of ordered pairs

We know the domain is the set of all x when is represented by ordered pairs: (x, y)

In this case {(-8,-12),(4,-8), (2, -10),(-10.-16) } we can observe that there are four x (the first number of each pair):

Domain = { -8, 4, 2, -10}

Domain = {-10, -8, 2, 4}

Solve for y
6x+2y=12

Answers

Answer:

  y = -3x +6

Step-by-step explanation:

You want to solve the equation 6x +2y = 12 for y.

Solution

We can isolate the y-term by subtracting 6x from both sides.

  6x -6x +2y = -6x +12

  2y = -6x +12 . . . . . . . . . . simplify

Then we can get y by itself by dividing both sides by 2:

  2y/2 = -6x/2 +12/2

  y = -3x +6 . . . . . . . . . . . simplify

The expression for y is  y = -3x +6.

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On the freeway it is unsafe to drive too slowly or two quick the safest driving speeds on the freeway near Allentown worst scientifically determined to be between the minimum and maximum speed in miles per hour according to the equation X -55 in value equals 4.2 which equation can be used to determine the maximum safe driving speed

Answers

Equation which is used to determine the maximum safe driving speed from the given equation |x – 55| = 4.2 is equal to x -55 =4.2.

As given in the question,

Given equation :

|x – 55| = 4.2

To determine the maximum and minimum speed in miles per hour from the given equation we have,

x-55 = 4.2 or x-55 =-4.2

Add 55 both the side of the equation,

x-55 +55 =4.2+55  or x-55+55 = -4.2 +55

x =59.2 or x = 50.8

Maximum speed is 59.2 determine by equation x-55 = 4.2

Minimum speed is 50.8 determine by equation x-55 = -4.2

Therefore, equation which is used to determine the maximum safe driving speed from the given equation |x – 55| = 4.2 is equal to

x -55 =4.2.

The complete question is:

On the freeway, it is unsafe to drive too slowly or too quickly. The safest driving speeds on the freeway near Allan’s town were scientifically determined to be between the minimum and maximum speeds (in miles per hour) according to the equation |x – 55| = 4.2. Which equation can be used to determine the maximum safe driving speed?

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Find the equilibrium concentrations of a and b for a=2 and b=2 . assume that the initial concentration of a is 1.0 moll−1 and that no b is present at the beginning of the reaction.

Answers

The concentration of A 0.29M and Concentration B  0.755M  that the initial concentration of a is 1.0 moll−1 and that no b is present at the beginning of the reaction.

a A (g)⇔ b B (g)          k =2.4

when a= 1  and b= 1

                         A⇔B

initial                  1      0

concentration

change             -x       +x

equilibrium       1-x        x

concentration  

so, k = [tex]\frac{B}{A}[/tex] = [tex]\frac{x}{1-x}[/tex]= 2.4

x = 2.4 (1-x)

x = [tex]\frac{2.4}{3.4}[/tex] = =0.755

The equilibrium concentration are

concentration of A  = 1-x = 1- 0.755 = 0.29M

Concentration B =  x = 0.755M

What is initial concentration?

The first measured the concentration of the compound in the substance.

The best way to determine the rate constant k for a first-order half-life  is to determine the half-life using experimental data. This is because the first-order half-life is independent of the initial concentration of its initial value. So based on the above relationship, the half-life of a first-order reaction does not depend on the initial  concentration.

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help pls it's so hard (that's what she said) but fr

Answers

If we draw a vertical line and it crosses the figure more than once, then it is not a function.

So, the only graph that a vertical line will intersect the line once is graph A:

B, C and D are intersected more than 1 time, so they are not functions.

Answer: A

6. a) The mass of eight apples is 1 200 g. What is the average mass of one apple in kilograms? b) A5 kg bag of apples costs R65. What is the cost of 500 grams of apples? Approximately how many apples will have a mass of 1 kilogram?​

Answers

a. The average mass of one apple in kilograms is 150g.

b. The cost of 500 grams of apples is R6.5

How to calculate the values?

A. When the mass of eight apples is 1 200g, the average mass of one apple in kilograms will be:

= Total mass / Number of Apple

= 1200g / 8

= 150g

B. A 5 kg bag of apples costs R65. The cost per kg will be:

= Amount / Number of g

= R65 / 5000

= R0.013

The cost for 500 grams will be:

= 500 × R0.013

= R6.50

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Nick was thinking of a number. Nick adds 11 then divides by 11 to get an answer of 28. Form an equation with
x
from the information.

Answers

Answer:

??

Step-by-step explanation:

POSSIBLE POINTS
Write and solve the given inequality: twice the difference of three times a number and five is at most the sum of four times a number and six.
O [8,00)
O (8,00)
O(-0,8)
O(-0,8]

Answers

The inequality is 2(3x - 5) ≤ (4x + 6) and the solution of the inequality is (-0, 8]

Let the number be x,

Twice the difference of three times a number and five = 2(3x - 5)

The sum of four times a number and six is  (4x + 6)

2(3x - 5) ≤ (4x + 6)

6x - 10 ≤ 4x + 6

6x - 4x ≤ 6 + 10

2x ≤ 16

x ≤ 8

x can be any positive number less than or equal to 8.

Therefore, the inequality is 2(3x - 5) ≤ (4x + 6) and the solution of the inequality is (-0, 8]

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I need help with this geometry question !! Pls help

Answers

The values of variable x are x₁ = 16, x₂ = - 4.

The measure of angle R is 60°.

The lengths of side RS are RS₁ = 256 and RS₂ = 16.

The lengths of side RT are RT₁ = 256 and RT₂ = 16.

How to find the variables associated to a given triangle

In this problem we need to find the values of four variables related to a triangle, which is seen in the picture, indicating an equilateral triangle. The solution of this question must be done by using definitions and theorems from Euclidean geometry:

Value of variable x

According to Euclidean geometry, the measures of the three sides in an equilateral triangle are the same. Then, the variable x can be found by solving the following equation:

RT = RS

x² = 12 · x + 64

x² - 12 · x - 64 = 0

(x - 16) · (x + 4) = 0

There are two possible solutions:

x₁ = 16, x₂ = - 4

Measure of the angle R

Equilateral triangles have three internal angles of 60°. Therefore, m ∠ R = 60°.

Length of side RS

There are two options:

RS₁ = 16²

RS₁ = 256

RS₂ = (- 4)²

RS₂ = 16

Length of side RT

There are two options:

RT₁ = 12 · 16 + 64

RT₁ = 256

RT₂ = 12 · (- 4) + 64

RT₂ = 16

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State which graph would most appropriately represent the given situation

Answers

Since we are measuring bank preference, we want to see the data in order of importance, then, the pareto chart is the most useful graph in this situation

What is the area of the rectangle with verticals at A(-4,0), B(-3,1) C(0,-2) and D(-1,-3)? Use the distance formula to find the length of segment AB (the base), and Segment BC (the height) Hint A=bh

Answers

The area of the rectangle would be 4.90 units which is shown in the given graph.

What is the area of rectangle?

The area of a rectangle is defined as the product of the length and width.

The rectangle is given which has:

verticals at  A(-4,0), B(-3,1) C(0,-2) and D(-1,-3)

The length of segment AB = √ (-3 - (-4))² + (1 - 0)² = √ (1 + 1) = √2

The length of segment BC = √ (-3 - 0)² + (1 - (-2))² = √ (9 + 3) = √12

The area of the rectangle = length of segment AB x length of segment BC

The area of the rectangle = √2 x √12

The area of the rectangle = √24

The area of the rectangle = 4.90 units

Thus, the area of the rectangle would be 4.90 units

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Shelly was shopping and saw that a 14lb turkey costs $13.86. Calculate the unit price for 1 lb of turkey.

Answers

the unit price for 1 lb of turky is $0.99

Explanation:

The cost of 14 lb of turkey = $13.86

let the cost of 1 lb of turkey = y

The unit price is the cost for 1lb of turkey:

14 lb = 13.86

1 lb = y

cross multiply:

14(y) = 1(13.86)

14y = 13.86

divide both sides by 14:

14y/14 = 13.86/14

y = 0.99

Hence, the unit price for 1 lb of turky is $0.99

So my grades keep going down
Whats the best way to study

Answers

Answer:

Step-by-step explanation:

study


According to the United States Treasury Department, the U.S. national debt was 1.815 x 10^13 dollars on September 30, 2015. On September 29,
2005, the national debt was 4.974 x 10^12 dollars. Find the amount of increase in the national debt from September of 2005 to September of 2015.
Write a sentence describing the increase in the national debt from 2005 to 2015 using scientific notation and using standard form.

Answers

The increase in the national debt from 2005 to 2015 using scientific notation is 1.3176 × 10^13.

What is scientific notation?

Scientific notation simply means a way of expressing numbers that are either too large or too small.

The U.S. national debt was 1.815 x 10^13 dollars on September 30, 2015 and in September 29,

2005, the national debt was 4.974 x 10^12 dollars.

The increase will be the difference between the two notations. This will be:

= 1.815 x 10^13 - 4.974 x 10^12

= 1.3176 × 10^13

The increase is 1.3176 × 10^13.

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The required respective increase in the national debt of America for the period 2005 to 2015 is 1.3176 × 10¹³.

As of the given condition,
According to the United States Treasury Department, the U.S. national debt was 1.815 x 10^13 dollars on September 30, 2015. On September 29, 2005, the national debt was 4.974 x 10^12 dollars.

Here,
The required increase in the debt is evaluated as the arithmetic difference of the debt in the years 2015 and 2005.

So.
Increase in debt = 1.815 × 10¹³ - 0.4974 × 10¹³ = 1.3176 × 10¹³

Thus, the required respective increase in the national debt of America for the period 2005 to 2015 is 1.3176 × 10¹³.

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X - 2 = 3.5 A: 1.5 B: 5.5 C: 5 1/2 D: 5 3/6

Answers

[tex]x-2=3.5[/tex]

To solve this expression we have to add 2 to both sides of the equation:

[tex]x-2+2=3.5+2[/tex][tex]x=5.5[/tex]

So, the correct option is: B: 5.5

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