Hunter has $300 in a savings account. The interest rate is 8%, compounded annually.To the nearest cent, how much will he have in 3 years?

Answers

Answer 1

EXPLANATION

If Hunter has $300 in savings and the interest rate is 8%, compounded annualy, we can apply the following equation:

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

Where, P=Principal=300, r=rate (in decimal form) = 8/100 = 0.08, n=number of compounded times = 1 and t = time = 3

Substituting terms:

[tex]A=300\cdot(1+\frac{0.08}{1})^{1\cdot3}[/tex]

Adding numbers:

[tex]A=300\cdot(1.08)^3[/tex]

Computing the powers:

[tex]A=300\cdot1.26[/tex]

Multiplying numbers:

[tex]A=378[/tex]

In conclusion, there will be 378.00 in three years


Related Questions

Two planes, which are 2320 miles apart, fly toward each other. Their speeds differ by 80 mph. If they pass each other in 4 hours,what is the speed of each?Step 1 of 2: Use the variable x to set up an equation to solve the given problem. Set up the equation, but do not take steps to solve it.

Answers

Given the word problem, we can deduce the following information.

1. Two planes, which are 2320 miles apart, fly toward each other.

2. Their speeds differ by 80 mph.

3. They pass each other in 4 hours.

To find the speed of each plane, we use the formula:

distance = (rate)(time)

Since they are flying towards each other, the sum of both speeds is 2x+80. So,

distance = (rate)(time)

2320 miles = (2x+80 mph)(4 hrs)

Thus, the equation to solve this is:

2320 = (2x+80)(4)

Can I please have help finding the answer? I am really struggling!

Answers

Given: An AP whose first term is -20 and a common difference of 3.

Required: To determine the 119th term of the AP.

Explanation: An AP with the first term, a, and with a common difference, d, is of the form-

[tex]a,a+d,a+2d,...,a+(n-1)d[/tex]

where n is the number of terms in the AP.

The following formula gives the nth term of the AP-

[tex]a_n=a+(n-1)d[/tex]

Here it is given that-

[tex]\begin{gathered} a=-20 \\ d=3 \\ n=19 \end{gathered}[/tex]

Substituting these values into the formula for nth terms as-

[tex]a_{19}=-20+(19-1)3[/tex]

Further solving-

[tex]\begin{gathered} a_{19}=-20+54 \\ =34 \end{gathered}[/tex]

Final Answer: The 19th term of the AP is 34.

name a 2 digit odd number that is composite

Answers

We should know that:

All the odd integers which are not prime are odd composite numbers. Examples of composite odd numbers are 9, 15, 21, 25

True or False? The end behaviors of each end of any quadratic function are always inthe same direction.

Answers

In general, given a quadratic function,

[tex]\begin{gathered} f(x)=ax^2+bx+c \\ a,b,c\rightarrow\text{ constants} \end{gathered}[/tex]

The end behaviors of each end of the function are given by the limits of f(x) when x approaches +/-infinite.

Therefore,

[tex]\lim_{x\to\infty}f(x)=\lim_{x\to\infty}ax^2=a\lim_{x\to\infty}x^2=a*\infty[/tex]

and

[tex]\lim_{x\to-\infty}f(x)=\lim_{x\to-\infty}ax^2=a\lim_{x\to-\infty}x^2=a*\infty[/tex]

Thus, the two limits are the same and depend on the sign of a.

Hence, the answer is True, the statement is True.

<1 and <2 are complementary angles. the measure of <1 is 55°. the measure of <2 is 5(x+1)°.find the value of x.

Answers

Answer:

Step-by-step explanation:

Answer 29

how long will it take for $2700 to grow to $24500 at an interest rate of 2.2% if the interest is compounded quarterly? Round to the nearest hundredth.

Answers

Let n be the number of quarterlies.

Then

[tex]\begin{gathered} 24500=2700(1+0.022)^n \\ \Rightarrow1.022^n=\frac{245}{27} \\ \Rightarrow n=\frac{\log _{10}\frac{245}{27}}{\log _{10}1.022} \end{gathered}[/tex]

Hence the number of months = 3n = 304.04 months

and the number of years = n / 4 = 25.34 years

A machine can fill 5,400 bottles in 3 hours. How many bottles can it fill in 8 hours?

Answers

Answer:

14400

Step-by-step explanation:

4 students from a class of 15 are going to be chosen to be on the dance committee. Findthe number of different 4-person committees that can be made.

Answers

Answer:

[tex]C(15,4)=1365\text{ different committees}[/tex]

Step-by-step explanation:

This situation can be approached using the formula for combinations:

[tex]\begin{gathered} C(n,r)=\frac{n!}{r!(n-r)!} \\ \text{where,} \\ n=\text{ number of possible items that can be }selected \\ r=\text{ number of items that were selected} \end{gathered}[/tex]

Therefore, solve for n=15 and r=4.

[tex]\begin{gathered} C(15,4)=\frac{15!}{4!(15-4)!} \\ C(15,4)=1365\text{ different committees} \end{gathered}[/tex]

A company produces 11 times as many rings on shift 1+ shift to if I total of 12,000 rings were produced how many were produced on each shift

Answers

Shift 1 produced 11000 rings and Shift 2 produced 1000 rings.

What does "parent company" mean and how Do Parent Companies Work?

A single firm that owns a majority stake in another company or groups of companies is known as a parent company.

Parent corporations are created through acquisition, merger, spin-off, or carving out of subsidiaries.

A parent company is a business that controls a significant portion of another business, giving it operational authority over that business.

Given :-

Production of  Shift 1 = 11 times of  Production of Shift 2

total production = 12,000 rings

production of ( Shift 1 +  Shift 2 ) = Total production

on solving we get,

Production of  Shift 1 = 11,000 rings

Production of  Shift 2 = 1,000 rings

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Answer the questions below about the quadratic function.g(x) = 3x² + 12x+8Does the function have a minimum or maximum value?MinimumMaximumWhere does the minimum or maximum value occur?x =0What is the function's minimum or maximum value?

Answers

Plot the function on the graph.

From the graph it can be observed that graph of function opening upwards and it has minimum value at x = -2.

Thus function has minimum value.

The minimum value of the function occurs at x = -2. So mimimum value of function occurs at x = -2.

The value of the function at x = -2 is -4. So function's minimum value is -4.

determine the area of figure round to the nearest tenth if necessary..

Answers

[tex]\begin{gathered} A1=\frac{4ft\cdot3ft}{2} \\ A1=6ft^2 \\ \\ A2=\frac{5ft\cdot6ft}{2} \\ A2=15ft^2 \\ \\ AT=A1+A2 \\ AT=6ft^2+15ft^2 \\ AT=21ft^2 \end{gathered}[/tex]

Given the function defined in the table below, find the average rate of change, in simplest form, of the function over the interval ≤ x ≤ 9.

Answers

Average rate of changeInitial explanation

The average rate of change is given by the rate of change of both variables.

"Rate" refers to a division. We want to divide the change of y, Δy, by the change of x, Δx:

Δy/Δx

("Δ" means "change").

We want to analyze the change over the interval 3 ≤ x ≤ 9.​

Step 1: change of x (Δx)

The change from x = 3 and x = 9 is

Δx = 9 - 3 = 6

Step 2: change of y (Δy)

We observe the right column of the table. When x = 3, y = 28 and when x = 9, y = 4.

The change from y = 28 to y = 4 is

Δy = 4 - 28 = -24

Step 3: rate of change

Then, the average rate of change is:

Δy/Δx = -24/6 = -4

Answer: -4

please show me how to solve this triangle, thank you!

Answers

Statement Problem: Solve for the missing sides of the triangle;

Solution:

The sum of angles in a triangle is 180degrees. Thus,

[tex]\begin{gathered} \angle A+\angle B+\angle C=180^o \\ \angle B=180^o-\angle A-\angle C \\ \angle B=180^o-42^o-96^o \\ \angle B=42^o \end{gathered}[/tex]

Since measure angle A and measure angle B are equal. Thus, the triangle is isosceles and the two sides are equal.

[tex]a=b[/tex]

We would apply sine rule to find the missing side a.

[tex]\begin{gathered} \frac{\sin A}{a}=\frac{\sin B}{b}=\frac{\sin C}{c} \\ \frac{\sin A}{a}=\frac{\sin C}{c} \end{gathered}[/tex][tex]\begin{gathered} \frac{\sin42^o}{a}=\frac{\sin96^o}{12} \\ a=\frac{12\sin42^o}{\sin96^o} \\ a=8.07 \\ a\approx8.1 \end{gathered}[/tex]

Thus,

[tex]a=b=8.1[/tex]

CORRECT ANSWERS:

[tex]\begin{gathered} a=8.1 \\ b=8.1 \\ m\angle B=42^o \end{gathered}[/tex]

An online company is advertising a mixer on sale for 25 percent off the original price for 260.99. What is the sale price for the mixer . Round your answer to the nearest cent , if necessary.

Answers

$195.74

1) We can find out the sale price for the mixer, by writing out an equation:

In the discount factor 1 stands for 100% and 25% =0.25

2) So we can calculate it then this way:

[tex]\begin{gathered} 260.99(1-0.25)= \\ 260.99\text{ (0.75)=}195.74 \\ \end{gathered}[/tex]

Note that we have rounded it off to the nearest cent 195.7425 to 195.74 since the last digit "4" is lesser than 5, we round it down.

3) So the price of that mixer, with a discount of 25% (off) is $195.74

Alternatively, we can find that price by setting a proportion:

0.25 = 1/4

Writing out the ratios we have:

260.99 --------- 1

x ---------------- 1/4

Cross multiplying it we have:

260.99 x 1/4 = x

x=65.2475

Subtracting that value 25% (65.2475) from 260.99 we have:

260.99 - 65.2475 =195.7425 ≈ 195.74

Which equation is equivalent to - 2x + 5 - 3x = 5x + 25?A. -5 = -30B. -6x + 5 = 5x + 25C. - 10x = 20D. 20x - 5 = 25

Answers

In order to determine which is the equivalent equation, simplify the given expression:

-2x + 5 - 3x = 5x + 25 simplify like terms left side

-2x - 3x + 5 = 5x + 25

-5x + 5 = 5x + 25 subtract 5x both sides and subtract 5 both sides

-5x - 5x = 25 - 5 simplify both sides

-10x = 20

Hence,the equivalent expression is -10x = 20

Solve system of equations using the method of substitution. Identify wether the system represents parallel, coincident, or parallel lines.5x+2y=167.5x+3y=24

Answers

Given

5x+2y=16 ---(1)

7.5x+3y=24 ----(2)

Find

1) value of x and y

2) Type of system

Explanation

From equation (1)

[tex]\begin{gathered} 5x+2y=16 \\ 5x=16-2y \\ x=\frac{16-2y}{5} \end{gathered}[/tex]

Putting this value of x in equation 2

[tex]\begin{gathered} 7.5x+3y=24 \\ 7.5(\frac{16-2y}{5})+3y=24 \\ 1.5(16-2y)+3y=24 \\ 24-3y+3y=24 \end{gathered}[/tex]

From here we cannot find the values of x and y as 3y and -3y will cancel each other. Hence there is not a particular solution

Checking the type of system

From these equations we get

[tex]\frac{a1}{a2}=\frac{b1}{b2}=\frac{c1}{c2}[/tex]

Therefore the lines are coincident to each other

Therefore the lines have infinte solutions

Final Answer

Therefore the lines have infinte solutions

The lines are coincident to each other

The function h is defiend by the following rule. h(x)=5x+4.

Answers

we have the function

h(x)=5x+4.​

Create a table

For x=-4

substitute the value of x in the function to obtain h(x)

so

h(-4)=5(-4)+4

h(-4)=-20+4

h(-4)=-16

For x=-3

h(-3)=5(-3)+4

h(-3)=-15+4

h(-3)=-11

For x=1

h(1)=5(1)+4

h(1)=9

For x=2

h(2)=5(2)+4

h(2)=14

For x=5

h(5)=5(5)+4

h(5)=29

10. A recipe for banana bread calls for 3 bananas for every 6 cups of
What is the ratio of bananas to sugar?

Answers

Answer:
1:2

Explanation:
If we divide both terms in the ratio 3:6 by the number 3, it equals 1:2

Have an AWESOME day! :)

help me please. using the axis of symmetry find the vertex for the follow quadratic function. f (x)=3x^2-6x+8

Answers

Answer:

[tex]P(1,5)[/tex]

Explanation: Axis of symmetry is a vertical line that makes function symmetrical along either side:

In case of parabla function or:

[tex]y(x)=3x^2-6x+8[/tex]

We get axial symmetry where the first derivate is zero, and in fact, that is the x value for vertex:

Therefore:

[tex]\begin{gathered} f^{\prime}(x)=(3x^2-6x+8)^{\prime}=6x-6=0 \\ \therefore\rightarrow \\ x=\frac{6}{6}=1 \end{gathered}[/tex]

And the corresponding y-value is:

[tex]f(1)=3(1)^2-6(1)+8=5[/tex]

Therefore vertex is at the point:

[tex]P(1,5)[/tex]

Place the numbers in the table to show them in order from least to greatest

Answers

Given the following question:

[tex]\begin{gathered} -\frac{3}{8},\frac{1}{8},-\frac{1}{4},-\frac{3}{5},\frac{1}{5} \\ \text{ Negatives go first} \\ -\frac{3}{8}>-\frac{3}{5}>-\frac{1}{4} \\ \frac{1}{5}>\frac{1}{8} \\ -\frac{3}{5}<\frac{-3}{8}<\frac{-1}{4}<\frac{1}{8}<\frac{1}{5} \end{gathered}[/tex]

HELPPPPAbigail buys 3 gallons of milk a week. How many pints of milk does she buy?

Answers

Answer:

She buys 24 pints of milk

Step-by-step explanation:

The conversion rule for a pint to the gallon is represented:

[tex]\text{ 1 pint=0.125 gallons}[/tex]

Then, we can make a proportional relationship to determine how many pints of milk she buys:

[tex]\begin{gathered} \frac{1}{0.125}=\frac{x}{3} \\ x=\frac{3}{0.125} \\ x=24\text{ pints} \end{gathered}[/tex]

The _________ is a point that is equidistant from all points on the perimeter of the circle.

Answers

The center is a point that is equidistant from all points on the perimeter of the circle, where this distance is the radius.

Melina made a scale drawing of a building.She used a scale in which 0.5 inch represents 1 foot. Which graph represents this relationship?

Answers

From the graph, the y - axis 10 uints while the x - axis is 5 units

The x - axis is labeled inches and its half of the feet

For every half inch on x - axis you have 1 feet

The graph that displays the scale is graph D

The answer is OPTION D

The table shows claims and their
probabilities for an insurance
company.
Amount of claim
(to the nearest $20,000)
$0
$20,000
$40,000
$60,000
$80,000
$100,000

Probability
0.70
0.16
0.09
0.03
0.01
0.01

Answers

Answer:

Step-by-step explanation:

This is an equation! Solutions: x=1.

Graphical form: Equation 3%2Ax-x%2B2=4 was fully solved.

Text form: 3*x-x+2=4 simplifies to 0=0

Cartoon (animation) form: simplify_cartoon%28+3%2Ax-x%2B2=4+%29

For tutors: simplify_cartoon( 3*x-x+2=4 )

If you have a website, here's a link to this solution.

Hey there Mr or Ms could you help me out here with this problem? Just a head up this isn't a quiz, it's my homework assignment for today it's about Squares and Rhombi.

Answers

please see the attched figure o better understand the problem

Applying the Pythgorean Theorem

d^2=b^2+b^2

we have

b=10 units

substitute

d^2=10^2+10^2

d^2=100+100

d^2=200

[tex]d=\sqrt[]{200}[/tex]

simplify

[tex]d=10\sqrt[\text{ }]{2\text{ }}\text{ units}[/tex]

the diagonal is

[tex]d=10\sqrt[\text{ }]{2\text{ }}\text{ units}[/tex]

If licorice costs $6.59 a pound, how much would it cost to buy a quarter-pound of licorice?


If a 10-foot piece of electrical tape has 0.037 feet cut from it. What is the new length of tape?


A director replayed 231 of the 1000 scenes filmed for a movie. Write a decimal to represent the part of the movie the director replayed.


If you had half a dollar, three quarters, eight dimes, six nickels, and nine pennies, how much money would you have altogether?


What is the combined thickness of these shims: 0.008, 0.125, 0.15, 0.185, and 0.005 cm?


All the people of a neighborhood pooled together and won the lottery. They won $10,000,000 and each person got a 0.02 share. How much money did each person receive?

Answers

Answer:

1. 1.6475.

2. 9.963.

3. 0.231

4. $1.69

5.  0.473 cm.

6. x = $200,000

Step-by-step explanation:

1.$6.59 ÷ 4 = 1.6475.

2. 10-0.037 = 9.963

3. 231 divided by 1000.

4. $0.50 + $0.80 + $0.30 + $0.09 = $1.69

5. 0.008 + 0.125 + 0.15 + 0.185 + 0.005

6. x =$10,000,000(0.02) where x is the amount of money each person will receive.  x=$200,000 (multiply)

write the linear equation that passes through the two given points (2,-2) and (0,-1)

Answers

Given the points:

(x1, y1) ==> (2, -2)

(x2, y2) ==> (0, -1)

To find the linear equation, use the form:

y = mx + b

where m is the slope.

To find the slope, use the formula below:

[tex]m=\frac{y2-y1}{x2-x1}[/tex]

Thus, we have the slope as:

[tex]m=\frac{-1-(-2)}{0-2}=\frac{-1+2}{0-2}=\frac{1}{-2}=-\frac{1}{2}[/tex]

Input 2 for x, -2 for y, and -1/2 for b to find b.

[tex]\begin{gathered} -2=-\frac{1}{2}(2)+b \\ \\ -2=-1+b \\ \\ -2+1=b \\ \\ -1=b \end{gathered}[/tex]

Therefore, the linear equation is:

[tex]y=-\frac{1}{2}x-1[/tex]

ANSWER:

[tex]y=-\frac{1}{2}x-1[/tex]

The equation 3x + 2y = 120 models the number of passengers who can sit in a train car, where isthe number of adults and y is the number of children. Explain what the 2- and y-intercepts mean.

Answers

Explanation:

Given the equation that models the number of passengers who can sit in a car expressed as 3x + 2y = 120

x is the number of adults

y is the number of children

The x-intercept is the point where y is zero i.e. the number of adults when there is no number of children.

when y = 0

3x + 2(0) = 120

3x = 120

x = 120/3

x = 40

This means that there will be 40 adults if there are no children

The y-intercept is the point where x is zero i.e. the number of children when there is no number of adults.

when x = 0

3(0) + 2y = 120

2y = 120

y = 120/2

y = 60

This means that there will be 60children if there are no adults

Are the graphs of the equations parallel, perpendicular, or neither?x -3y = 6 and x - 3y = 9

Answers

The equation of a line in Slope-Intercept form, is:

[tex]y=mx+b[/tex]

Where "m" is the slope of the line and "b" is the y-intercept.

By definition:

- The slopes of parallel lines are equal and the y-intercepts are different.

- The slopes of perpendicular lines are opposite reciprocals.

For this case you need to rewrite the equations given in the exercise in Slope-Intercept form by solving for "y".

- Line #1:

[tex]\begin{gathered} x-3y=6 \\ -3y=-x+6 \\ y=\frac{-x}{-3}+(\frac{6}{-3}) \\ \\ y=\frac{x}{3}-2 \end{gathered}[/tex]

You can identify that:

[tex]\begin{gathered} m_1=\frac{1}{3} \\ \\ b_1=-2 \end{gathered}[/tex]

- Line #2:

[tex]\begin{gathered} x-3y=9​ \\ -3y=-x+9 \\ y=\frac{-x}{-3}+(\frac{9}{-3}) \\ \\ y=\frac{x}{3}-3 \end{gathered}[/tex]

You can identify that:

[tex]\begin{gathered} m_2=\frac{1}{3} \\ \\ b_2=-3_{}_{} \end{gathered}[/tex]

Therefore, since:

[tex]\begin{gathered} m_1=m_2 \\ b_1\ne b_2 \end{gathered}[/tex]

You can conclude that: The graphs of the equation are parallel.

please help me work through this, thank you very much!

Answers

Given

[tex]plane-height=650m[/tex]

To Determine: The angle function

Solution

The information can be represented as shown below

From the diagram below

[tex]\begin{gathered} tan\theta=\frac{650}{x} \\ \theta(x)=tan^{-1}(\frac{650}{x}) \end{gathered}[/tex]

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