1. FINANCIAL LITERACY Mika invests $1400 in an account with a 2% annual simple
interest rate, making no other deposits or withdrawals. What will his account
balance be after 6 months? 2 years?
2. FINANCIAL LITERACY Ardella invests $3100 in an account with a 3.2% annual
interest rate compounded monthly, making no other deposits or withdrawals.
What will Ardella's account balance be after 1 year? 3 years?
3. FINANCIAL LITERACY Marquis borrows $900 with a 3.8% annual interest rate
compounded continuously. If he does not make any payments, how much will
Marquis owe after 2 months? 18 months?
Example 4
4. FINANCIAL LITERACY Trina wants to invest $5000 at a bank offering three
different accounts. Account A earns 2.2% annual simple interest, Account B earns
2.2% interest compounded annually, and Account C earns 2.2% interest
compounded continuously. If no other deposits or withdrawals are made,
compare the balances of the accounts after each period of time.
a. 6 months
b. 1 year
c. 3 years

Answers

Answer 1

After answering the presented question, we can conclude that Account B: $5463.84 ($5000 multiplied by 1.0223) $5474.60 in Account C ($5000 x e(0.022 x 3))

what is interest ?

In mathematics, interest is the amount of money earned or payable on an original investment or loan. You can use either simple or compound interest. Simple interest is calculated as a percentage of the initial amount, whereas compound interest is calculated on the principal amount plus any previously earned interest. If you invest $100 at a 5% annual simple interest rate, you will get $5 in interest every year for three years, for a total of $15.

Mika's account balance after 6 months would be $1413.33 ($1400 + $14.67 interest generated). His account balance after two years would be $1456 ($1400 + $56 interest earned).

Marquis would repay $907.02 after two months ($900 x e(0.038/12 x 2)). He would owe $1,033.72 after 18 months ($900 x e(0.038 x 1.5)).

a. 6 months later:

Account A: $5050 ($5000 + $55 earned in interest)

Account B: $5061 ($5000 multiplied by 1.0220.5).

$5061.68 in Account C ($5000 x e(0.022 x 0.5))

c. One year later:

Account A: $5100 ($5000 + $110 earned in interest)

Account B: $5112.20 ($5000 multiplied by 1.022).

$5113.85 in Account C ($5000 x e(0.022 x 1))

c. After three years:

Account A: $5330 ($5000 + $330 generated interest)

Account B: $5463.84 ($5000 multiplied by 1.0223)

$5474.60 in Account C ($5000 x e(0.022 x 3))

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Related Questions

PLEASE HELP ME WITH THESE QUESTIONS. WILL MARK BRAINLIEST IF ANSWERED CORRECTLY. I RLLY NEED HELP ASAP. NEW QUESTIONS 1-4

Answers

Therefore , the solution of the given problem of angles comes out to be lim x→2 g(x) = lim x→2 [(x² - 4)/(x - 2)] = 4.

What does an angle mean?

Both the largest and the tiniest walls of a skew are determined by an intersection of the lines that connect that make up its ends. A junction could possibly bring two routes together. Another result of two objects interacting is an angle. They most closely resemble dihedral shapes. Two line beams can be arranged in a variety of ways between their extremities to form a two-dimensional curve.

Here,

The abbreviated formula for f(x) = (4x³ - 3x² - 10x - 3)/(x³ - x² - 6x) is as follows:

f(x) = (4x³ - 3x² - 10x - 3)/(x³ - x² - 6x)

f(x) = [(4x³ - 12x) + (9x² - 3)] / (x(x² - x - 6))

f(x) = [4x(x² - 3) + 3(3x² - 1)] / [x(x - 3)(x + 2)]

f(x) = [4x/(x-3)] + [3/(x+2)] - [3x/(x²-x-6)]

Consequently, the abbreviated form is:

f(x) = [4x/(x-3)] + [3/(x+2)] - [3x/(x²-x-6)]

Direct substitution can be used to find the limit of the equation g(x) = (x2 - 4)/(x - 2) as x approaches 2, which results in the undetermined form 0/0. In order to take the derivative of the numerator and denominator with regard to x, we can apply L'Hopital's rule as follows:

g(x) = (x² - 4)/(x - 2)

g'(x) = [(2x) * (x - 2) - (x² - 4) * 1] / (x - 2)²

g'(2) = 4

As x gets closer to 2, the maximum of g(x) is as follows:

lim x→2 g(x) = lim x→2 [(x² - 4)/(x - 2)] = 4

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10. Triangle GHI is circumscribed about circle K with GH = 20 units, HI = 14 units, and IG= 12 units. Find the length of each segment whose endpoints are G and the points of tangency on GH and GI.​

Answers

Answer:

c

Step-by-step explanation:

8²+6²=c²

64+36=c²

100=c²

√100 = √c²

10=c

The segment GT1 is part of the radius of circle K, so it has a length of 10 units and segment GT2 is also part of the radius of circle K, so it has a length of 10 units as well.

What is Trigonometry?

Trigonometry is a branch of mathematics that studies relationships between side lengths and angles of triangles.

Given that Triangle GHI is circumscribed about circle K with GH = 20 units, HI = 14 units, and IG= 12 units.

We have to find the  length of each segment whose endpoints are G and the points of tangency on GH and GI.​

Let's call the points of tangency on GH and GI T1 and T2 respectively.

The segment GT1 is part of the radius of circle K, so it has a length of 10 units.

The segment GT2 is also part of the radius of circle K, so it has a length of 10 units as well.

8²+6²=c²

64+36=c²

100=c²

√100 = √c²

10=c

Hence, the segment GT1 is part of the radius of circle K, so it has a length of 10 units and segment GT2 is also part of the radius of circle K, so it has a length of 10 units as well.

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HELP 25 points
For Number 3 fill in the blanks of the process.
(9 points total: 0.5 points for each blank!)
(3x3)(8x + 1)
= (24x^2)(8x) + (3x+3)(1)-8x+ (8x) - 3(192x^)
= (192x^)x² + 3x - (3x-2)x - 3
= (192x^)x² - (192x^)x - 3
3.

Answers

Answer:

(3x^3)(8x + 1)

= (3x^3)(8x) + (3x^3)(1)

= 24x^4 + 3x^3

= 3x^3(8x + 1) + 24x^2 - 24x^2 + 3x^3

= 3x^3(8x + 1) - 24x^2 + 3x^3

= 24x^4 - 24x^2 + 3x^3

= 3x^3 + (-24x^2 + 24x^4)

Step-by-step explanation:

Leslie’s brother weighs 16.7 kg. Leslie weighs 12.4 kg. Leslie’s dad
weighs 67.6 kg. How much heavier is Leslie’s dad than the two
children together?

Answers

Leslie's dad is 38.5 kg heavier than the combined weight of Leslie and her brother.

To solve the problem, we first need to find the total weight of the two children together, and then subtract that from the weight of Leslie's dad:

Total weight of the two children = Leslie's weight + her brother's weight

Total weight of the two children = 12.4 kg + 16.7 kg

Total weight of the two children = 29.1 kg

Weight difference between Leslie's dad and the two children = Leslie's dad's weight - Total weight of the two children

Weight difference between Leslie's dad and the two children = 67.6 kg - 29.1 kg

Weight difference between Leslie's dad and the two children = 38.5 kg

Therefore, Leslie's dad is 38.5 kg heavier than the two children combined.

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The length of a classroom is 7 meters. How many centimeters long is the classroom?

Answers

Answer:

700 cm

Step-by-step explanation:

Mutiply the value by 100.

nelly has 250 discs. this is 14 less than 8 times the number of discs valerie has.

Answers

250+14=264
264 : 8 = 33
Valerie has 33 discs
The answer is 33 discs

5/18 + 2/12

A) 1/2
B) 4/9
C) 8/18
D)7/30

Answers

Answer:

B. 4/9

Step-by-step explanation:

We can simplify the given expression by finding a common denominator for 18 and 12. The least common multiple of 18 and 12 is 36.

Multiplying the first fraction 5/18 by 2/2 (which equals 1) to get a denominator of 36:

5/18 = 5/18 x 2/2 = 10/36

Multiplying the second fraction 2/12 by 3/3 (which equals 1) to get a denominator of 36:

2/12 = 2/12 x 3/3 = 6/36

Now we can add the two fractions with the same denominator:

10/36 + 6/36 = 16/36

We can simplify this fraction by dividing the numerator and denominator by their greatest common factor, which is 4:

16/36 = 4/9

Therefore, the solution is B) 4/9.

Answer:

the answer for the question is b) 4/9

A manufacturer of graphing calculators has determined that 11,000 calculators per week will be sold at a price of $98. At a price of $93, it is estimated that 13,150 calculators would be sold.
(a) Determine a linear function that will predict the number of calculators y that would be sold at a given price x.
(b) Use this model to predict the number of calculators that would be sold each week at a price of $73.

a: ______ b:______

Answers

Answer:

(a) To determine the linear function that predicts the number of calculators sold at a given price, we need to find the equation of the line that passes through the points (98, 11,000) and (93, 13,150).First, we can find the slope of the line using the formula:slope = (change in y) / (change in x)slope = (13,150 - 11,000) / (93 - 98)slope = -430 per 1 dollar decrease in price(Note that we can interpret the negative slope as an inverse relationship between price and quantity demanded. As price decreases, the quantity demanded increases.)Next, we can use the point-slope form of a line to find the equation of the line:y - y1 = m(x - x1)where y1 = 11,000, x1 = 98, and m = -430.y - 11,000 = -430(x - 98)Simplifying and solving for y, we get:y = -430x + 51,340Therefore, the linear function that predicts the number of calculators sold at a given price is:y = -430x + 51,340(b) To predict the number of calculators that would be sold each week at a price of $73, we can substitute x = 73 into the linear function we found in part (a):y = -430(73) + 51,340y = 18,140Therefore, we predict that 18,140 calculators would be sold each week at a price of $73.

Julian has 10 apples and he gives 2 apples to his friends about how many apples he has left.

Answers

He has 8 apples left because 10-2=8

QUESTION 2 2.1 Determine the following products: 2.1.1 x(x-1) 2.1.2 (-3)(x² + 3x + 9)​

Answers

The products of 2.1.1 x(x-1) 2.1.2 (-3)(x² + 3x + 9) is -3x² - 9x - 27

How to find the products: 2.1.1 x(x-1) 2.1.2 (-3)(x² + 3x + 9)

2.1.1 x(x-1) can be simplified using the distributive property of multiplication:

x(x-1) = xx - x1 = x^2 - x

2.1.1 x(x-1):

Expanding the expression x(x-1) using the distributive property:

x(x-1) = x^2 - x

Therefore, the product of 2.1.1 is:

x(x-1) = x^2 - x

2.1.2 (-3)(x² + 3x + 9):

Expanding the expression (-3)(x² + 3x + 9) using the distributive property:

(-3)(x² + 3x + 9) = -3x² - 9x - 27

Therefore, the product of 2.1.2 is:

(-3)(x² + 3x + 9) = -3x² - 9x - 27

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Find the area of the rectangle below:
What is the area?

Answers

Step-by-step explanation:

Find length b by using the Pythagorean theorem for right triangles

17^2 = 8^2 + b^2

b = 15

the area = L x W = 15 X 8 = 120 cm^2

Answer:

120

Step-by-step explanation:

Find out B- 17 squared- 8 squared ( square root) = 15

b = 15

8 X 15 = 120

we used the method of pythagoros - a squared + b squared = c squared

Have a nice day !

Show all work to receive credit.
1. A pyramid has a height of 18 in. and a base with area 256 in2. What is the volume of the pyramid?

Answers

Answer:

1536 in^3.

Step-by-step explanation:

Volume = 1/3 * area of base * height

             = 1/3 * 256 * 18

             = 1536 in^3.

PLS HELPP <33 (70 points)

Answers

Answer:yes

Step-by-step explanation: i took the test

A fish-tank has a length of 25 centimeters, a width of 10 centimeters, and a depth of 8 centimeters.

Find the volume of the fish tank.

Answers

Step-by-step explanation:

L X W X D = volume = 25 X 10 X 8 = 2000 cm^3

Answer:

2,000 cubic units are the volume of the fish tank

Step-by-step explanation:

The formula of volume is length x width x height

So to find the volume just multiply 25 x 10 x 8

To get the volume of the fish tank which is 2,000 cubic units

Find the measure of the missing angle of the triangle.

Answers

Answer:

Angle L=30°

Step-by-step explanation:

the sum of the internal angles in any triangle is 180°, we have a 60° angle and a right angle (90°). We remove the known angles (90° and 60°) from 180° and we have 30° which is the value of the unknown angle (L).

Angle L = 180 - 90 - 60 =

30°

the waiting times between a subway departure schedule and the arrival of a passenger are uniformly distributed between 0 and 6 minutes. find the probability that a randomly selected passenger has a waiting time greater than 4.25 minutes.

Answers

The probability of a person being randomly choosing having waiting time greater than 4.25 is 0.2917 or 29.17%.

To answer this question we need to know about-

Probability is the measure of the likelihood of an event to happen. The probability value ranges between 0 and 1.

When the probability value is 0, it means that the event is impossible to happen.

When the probability value is 1, it means that the event is certain to happen.

Uniform distribution is when the values of a probability distribution are spread uniformly across the interval, it is called a Uniform distribution

The waiting times between a subway departure schedule and the arrival of a passenger are uniformly distributed between 0 and 6 minutes.

The probability that a randomly selected passenger has a waiting time greater than 4.25 minutes is found as follows:

Let X = Waiting time of a randomly selected passenger P(X > 4.25) = ?

Now we have to use the uniform distribution formula to find the probability:

P(C< X >D)=C-D/B-A

where C = lower value of the selected interval

           D= upper value of the selected interval

           B= highest value of the selected interval

           A= lowest value of the selected interval

putting above values in the formula -

P(X > 4.25) = 6 - 4.25/6-0= 0.2917

Hence the probability that a randomly selected passenger has a waiting time greater than 4.25 minutes is 0.2917.

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Mackenzie just started training for a marathon. According to her plan, she must run 19 miles the first week and 25 miles the second week. What is the percent increase?

Answers

the percent increase from running 19 miles in the first week to 25 miles in the second week is 31.58%. This means that Mackenzie increased her mileage by 31.58% from the first week to the second week.

To calculate the percent increase from running 19 miles in the first week to 25 miles in the second week, we first need to find the difference between the two numbers.

The difference is calculated as follows:

25 - 19 = 6

So, the difference between the two weeks is 6 miles.

To find the percent increase, we need to divide the difference by the original value and then multiply by 100.

The formula for percent increase is:

(percent increase) = [(new value - old value) / old value] x 100%

Using this formula, we can find the percent increase in Mackenzie's training as follows:

(percent increase) = [(25 - 19) / 19] x 100%

(percent increase) = (6 / 19) x 100%

(percent increase) = 0.3158 x 100%

(percent increase) = 31.58%

So, the percent increase from running 19 miles in the first week to 25 miles in the second week is 31.58%. This means that Mackenzie increased her mileage by 31.58% from the first week to the second week.

It's important to note that a large percent increase in mileage can increase the risk of injury, so it's important to gradually increase mileage over time to prevent injury and ensure a successful training program.

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midpoint of -34 and -37

Answers

Answer:

Step-by-step explanation:

35.5

Nina, Kira, Reagan, and Sasha are on a team for a 2-mile relay race. Each person runs the same distance.
How far does each person run?

Answers

Answer: 0.5 miles

Step-by-step explanation:

= 2 miles/4

= 0.5 miles

Find an equation following defining the following function and state the domain of the function.

Answers

The value of the addition of the two composite function is (x - 6) + √(x + 7).

What are functions?

A function in mathematics is a relationship between a set of possible outputs (the range) and a set of inputs (the domain), with the assets that each input is connected to exactly one output. By carrying out operations like addition, subtraction, multiplication, division, and composition with other functions, functions can be changed. By summing the results of the two functions f(x) and g(x), we may add them. In a similar manner, we may combine two functions, f(x) and g(x), by inserting the output of g(x) into f(x).

Given that f(x) = x - 6 and g(x) = √(x + 7).

The composite function (f + g)(x) is given as:

(f + g)(x) = f(x) + g(x)

= (x - 6) + √(x + 7)

Hence, the value of the addition of the two composite function is (x - 6) + √(x + 7).

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Anastasia has a part-time job and earns the same amount of money each week. She decided to deposit all her
weekly earnings in a savings account, which originally had $225. After making deposits for 11 weeks, she
had $665 in her account. How much money will be in her account after 24 weeks? Show how you arrived at
your answer.

Answers

We can start by finding how much money Anastasia saves each week.

The difference between her starting balance and ending balance after 11 weeks is:

$665 - $225 = $440

So, over 11 weeks, Anastasia has saved a total of $440.

To find how much money she saves each week, we can divide the total savings by the number of weeks:

$440 ÷ 11 weeks = $40 per week

This means that Anastasia saves $40 each week.

To find out how much money she will have in her account after 24 weeks, we can multiply the amount she saves each week by the number of weeks:

$40 per week × 24 weeks = $960

Therefore, after 24 weeks, Anastasia will have $960 in her savings account.

If the t-statistic for a variable is 2.54, is the variable statistically significant? No Yes

Answers

Yes, the variable is statistically significant if the t-statistic is 2.54.

How to determine the statistical significance?

Follow these steps:

1. Identify the degrees of freedom (df) for your sample. The df is typically calculated as the sample size minus 1 (n-1).

2. Choose a significance level (α), commonly used values are 0.05 or 0.01.

3. Consult a t-distribution table using the chosen α and degrees of freedom to find the critical t-value.

4. Compare the t-statistic (2.54) to the critical t-value.

If the t-statistic (2.54) is greater than the critical t-value, the variable is statistically significant at the chosen significance level.

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Garrets mortage payment was orignially 3,130 per month. Now, after refinanceing his home loan, Garregs mortage payment s 30% that it used to be. How much is Garretts monthly payment now.

Answers

After re-financeing his home loan, Garrets mortage payment is 30 percent less that it used to be the value of Garretts monthly payment now is 2191.

A hypothec loan, also known as a mortgage loan, is a type of loan that is commonly used by real estate purchasers to secure funds for the purchase of property, or by property owners seeking to obtain funds for any purpose, while simultaneously placing a lien on the property being mortgaged. In essence, a mortgage can be described as a situation where a borrower provides collateral in exchange for a loan.

we need to find how much is Garretts monthly payment now:

therefore first we need to find 30% of 3130 that is,

30 x 3130/100 = 939

now we need to subtract this value from the originally mortgage amount

therefore, 3130 - 939 = 2191

therefore, the value of Garretts monthly payment now is 2191.

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1-3x less than or equal to -2x< 3x+5​

Answers

Answer:

x∈ [1; +∞)

Step-by-step explanation:

First write down the whole inequality:

1 - 3x ≤ -2 ﹤ 3x + 5

Then it can be seen that there are two separate inequalities here, so we have a system of inequalities:

{1 - 3x ≤ -2,

{3x + 5 ﹥ -2;

we express x from both inequalities:

From the first one:

-3x ≤ -2 - 1

-3x ≤ -3 / : (-3)

x 1

From the second one:

3x ﹥ -2 - 5

3x ﹥ -7 / : 3

[tex]x﹥ - \frac{7}{3} [/tex]

[tex]x﹥ - 2 \frac{1}{3} [/tex]

So, now that we have expressed x from both inequalities, we can write down the general range of x values for them (as you can see in the picture, the answer is the common values of x for both inequalities, both red and green colors):

x∈ [1; +∞)

A carton of milk is supposed to contain 16 fluid ounces but it only contain 15 fluid ounces. What is the percent error?

Answers

Answer:

Step-by-step explanation:

error = 16 - 15 = 1 fluid ounce

percent error [tex]=\frac{1}{16} \times 100=\frac{100}{16}=6.25 \%[/tex]

How do I find rate of change from a graph?

Answers

Answer: By using the slope

Step-by-step explanation:

Brianliest pls:)

By using a slope calculator. :)

please help me
A scientist is studying the growth of a particular species of plant. He writes the following equation to show the height of the plant f(n), in cm, after n days:

f(n) = 12(1.03)n

Part A: When the scientist concluded his study, the height of the plant was approximately 16.13 cm. What is a reasonable domain to plot the growth function? (4 points)

Part B: What does the y-intercept of the graph of the function f(n) represent? (2 points)

Part C: What is the average rate of change of the function f(n) from n = 3 to n = 10, and what does it represent? (4 points)

(10 points)

Answers

The required answers are Part A: Domain: {n | n is a positive integer}, Part B: 12, Part C: 0.98 cm/day.

How to deal exponential function?

Part A:

To plot the growth function f(n), we need to consider a reasonable domain that includes all relevant values of n. Since we are dealing with the growth of a plant, the domain should only include positive integers, as it does not make sense to talk about fractional or negative days. Therefore, a reasonable domain to plot the growth function would be:

Domain: {n | n is a positive integer}

Part B:

The y-intercept of the graph of the function f(n) is the value of f(0), which can be found by substituting n = 0 into the equation:

[tex]$f(0) = 12(1.03)^0 = 12(1) = 12[/tex]

Therefore, the y-intercept of the graph represents the initial height of the plant, which is 12 cm.

Part C:

The average rate of change of the function f(n) from n = 3 to n = 10 can be found using the formula:

Average rate of change = (f(10) - f(3))/(10 - 3)

We can evaluate f(10) and f(3) using the given equation:

f(10) = 12(1.03)^10 ≈ 18.27

f(3) = 12(1.03)^3 ≈ 13.41

Substituting these values into the formula, we get:

[tex]$Average rate change=\frac{(f(10) - f(3))}{10-3} \approx0.98[/tex]

Therefore, the average rate of change of the function f(n) from n = 3 to n = 10 is approximately 0.98 cm/day. This represents the average daily growth rate of the plant during this period.

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The distribution is symmetric. skewed. both symmetric and skewed.

Answers

The data distribution is skewed to the right. This is because the bars are clustered towards the left side of the histogram and taper off towards the right side.

The histogram of distances students live from school provided in the question shows that the majority of students in Tuan's homeroom live within a short distance of the school, with only a few students living farther away. The distribution is skewed to the right because the bars are clustered towards the left side of the histogram and taper off towards the right side. This indicates that there are fewer students who live farther away from school. A skewed distribution means that the data is not evenly distributed and tends to cluster towards one end. In this case, the distribution is skewed to the right because there are fewer students living farther away from school.

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Complete question is in the image attached below

Answer:

B. skewed.

Step-by-step explanation:

and then the next part is

1

hope this helps :)

Ballio made 8 identical bags using 3 yards of fabric. How much fabric did Ballio use for each bag?

Answers

For each bag, BALLIO  would have needed 2.25 (or 2 1/4) yards of fabric.

What is unitary method?

"A way to find a multiple unit value from a single unit value as well as the reverse."

In every case, we first count the unit or amount value before figuring out the more or less amount value.

This method is referred to as a unified procedure for this reason.

By dividing the set value by the quantity of sets, one can find numerous set values.

By dividing several set values by the total number of sets, one can determine a set value.

According to our question-

9 bags you are making

must be the same

divide the nine bags by the four yards

2.25 yards per bag

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Graph the given function to determine the zeros and the locations of the x-intercepts. f(x)=3x2−21x+18

Answers

The x-intercepts of the function are x₁ = 1, x₂ = 6.

What is a quadratic equation?

Any equation of the form [tex]\rm ax\²+bx+c=0[/tex] where x is variable and a, b, and c are any real numbers where a ≠ 0 is called a quadratic equation.

To find the zeros, we need to solve the equation f(x) = 0. We can use the quadratic formula for this, which is given by:

x = (-b ± √(b² - 4ac)) / 2a

where a, b, and c are the coefficients of the quadratic equation ax² + bx + c.

[tex]x = (-(-21) \pm \sqrt{((-21)^2 - 4(3)(18))) / 2(3)}\\\\x = (21 \pm\sqrt{(441 - 216)) / 6}\\\\x = (21 \pm\sqrt{(225)) / 6}\\\\x_1 = 1 \ \rm and \ x_2 = 6[/tex]

Therefore, the zeros of the function f(x) are x₁ = 1 and x₂ = 6.

To find the x-intercepts, we need to plot the graph of the function and look for the points where the graph intersects the x-axis. We can start by plotting a few points to get a rough idea of the shape of the graph:

When x = 0, f(x) = 1

When x = 1, f(x) = 0

When x = 2, f(x) = 0

When x = 3, f(x) = 0

When x = 4, f(x) = 6

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