Beth currently brings in an annual salary of $37,000 and anticipates a raise of 5% every year. What will her salary be in 14 years? If necessary, round your answer to the nearest cent.

Answers

Answer 1
Answer:
A = $73,257.47

A = P + I where
P (principal) = $37,000.00
I (interest) = $36,257.47

Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 5/100
r = 0.05 rate per year,

Then solve the equation for A
A = P(1 + r/n)nt
A = 37,000.00(1 + 0.05/1)(1)(14)
A = 37,000.00(1 + 0.05)(14)
A = $73,257.47

Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $37,000.00 at a rate of 5% per year compounded 1 times per year over 14 years is $73,257.47.


I hope this helps! :)
Answer 2

Beth salary in 14 years would be $62900.

What is the simple interest?

Simple interest is the borrowing amount added only to the principal amount.

Given, Beth currently brings in an annual salary of $37,000 and anticipates a raise of 5% every year.

To find the interest rate:

The formula to calculate the simple interest is;

                                                 S.I. = P x T x R / 100 ,

Where S.I. is simple interest , P is principal amount, T is time period and R is interest rate in a year.

And according to the question,

P = 37000, T = 14 years and R = 5%

Substituting all the values to the formula,

S.I. = P x T x R / 100

S.I. = 37000 x 14 x 5 / 100

      = 25900

Beth final salary = principal amount + interest rate

                           = 37000 + 25900

                          = 62900

Therefore, Beth salary after 14 years is $62900.

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Related Questions

Bilquis owns a small business selling used books. She knows that in the last week 49 customers paid cash, 42 customers used a debit card, and 32 customers used a credit card.
Based on these results, express the probability that the next customer will pay with a credit card as a decimal to the nearest hundredth.

Answers

The probability that the next customer will pay with a credit card will be  0.26 or 26%.

What is probability?

Probability means possibility. It deals with the occurrence of a random event. The value of probability can only be from 0 to 1. Its basic meaning is something is likely to happen. It is the ratio of the favorable event to the total number of events.

Bilquis owns a small business selling used books. She knows that in the last week 49 customers paid cash, 42 customers used a debit card, and 32 customers used a credit card.

Then the probability that the next customer will pay with a credit card will be

[tex]\rm P = \dfrac{32}{123}\\\\ P = 0.26[/tex]

More about the probability link is given below.

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Answer:

The answer is .26

Step-by-step explanation:

32/123

0.260162...

Please help. I need the answer

Answers

Answer:

B

Step-by-step explanation:

[tex]m-5\neq 5-m[/tex]

The others follow the rules of the commutative property of multiplication/addition.

Answer:

B

m - 5

Step-by-step explanation:

1) division

2) m - 5 . Since subtraction is not commutative

Find two positive numbers whose difference is 27 and whose product is 874.​

Answers

46 and 19. 46 x 19 = 874 and 46 - 19 = 27

what's the estimate of 6.48 + 9.34

Answers

Answer:

6+9=15

Step-by-step explanation:

hope this helps :D

Find the minimum value of X²+6X-5​

Answers

Answer:

x = -3, y = -14

Step-by-step explanation:

Graph it

X=-3, Y= -14
Graph it

Find an equation of the line passing through the pair of points (3,5) and (6,11). Write the equation in the form Ax+By=C

Answers

Answer: (4,8)

Step-by-step explanation:

Maggie takes three electives: art, Spanish, and creative writing. She calculated the mean absolute deviation of the points she earned throughout the year in each class. art: mean absolute deviation of 2.1
Spanish: mean absolute deviation of 0.8
creative writing: mean absolute deviation of 2.7
In which elective were her scores the most spread out?

Answers

Answer:

0.8 seconds sorry if im wrong

Step-by-step explanation:

13.
Hamza made 6 calls in
one day. Each call cost the
same amount of
money. The next day he made a
call that cost $4. Which expression
represents the total cost of the calls Hamza made during the two
days?

Answers

Answer:

6x +4 where x is amount for standard call

Step-by-step explanation:

Answer:

4c+6

Step-by-step explanation:

Right on my test

which number has a 9 with a value ten times greater than the 9 in 4 903

Answers

Answer:

49030

Step-by-step explanation:

we multiply it by ten so

4903×10=49030

richard has two circular sprinklers to water his rectangular backyard as shown.

Answers

Answer:

109.88 ft² (nearest hundredth)

Step-by-step explanation:

Formulae

Area of a rectangle = width × lengthArea of a circle = πr²

To find the area of the lawn that is not watered, subtract the area of the 2 circles from the area of the rectangle.

From inspection of the diagram

width of rectangle = 2rlength of rectangle = 4rarea = 512 ft²

Substituting the values into the area of a rectangle formula, and solving for r:

⇒ 512 = 2r × 4r

⇒ 512 = 8r²

⇒ r² = 64

⇒ r = ±8

As distance is positive, r = 8 ft

Area of one circle = π8² = 64π  ft²

Therefore,

Area not watered = area of rectangle - 2 × area of circle

                             = 512 - 2(64π)

                             = 109.88 ft² (nearest hundredth)

Which of the following options have the same value as 10 % , percent of 33?

Answers

Answer:

3.3

Step-by-step explanation:

33 x .10 = 3.3

A factory makes aquariums. Each aquarium is in the shape of a triangular prism, as shown below. If the factory makes 288 aquariums, how much water will be needed to fill all of them (in cubic feet)?

Answers

Answer:

384

Step-by-step explanation:

{4x+y=9 and 5x +2y=9
use substitution method to find all solutions of the system of equations

(X,y)=

Answers

Answer:

x=3,y=-3

Step-by-step explanation:

Isolate x for 4x +y=9: x=9-y/4

Substitute x = 9-y/4

[5 x 9-y/4+2y =9]

Isolate y for (45+3y/4)=9:

y=-3

For x= 9-y/4

Substitute y = -3

x= 9-(-3)/4

9-(-3)/4=3

X=3

The solutions to the system of equations are:

x=3 y= -3

5* 3 1/3 I have to have my math done in an hour and I don’t know this

Answers

16.65... .... ..... ...

Answer: 16.65

Step-by-step explanation:

1/3 is equivalent to the decimal value .33

so, use the equation:

5x(3+.33) or 5x3.33, which equals 16.65

The point A(5.
7) is reflected over the
What are the coordinates of point B?
point (6,
6) and its
image is point B.

Answers

The point (6, 6) is the mid-point of A and B. Then the coordinate of the point B is (7, 5).

What is coordinate geometry?

Coordinate geometry is the study of geometry using the points in space. Using this, it is possible to find the distance between the points, the dividing line is m:n ratio, finding the mid-point of the line, etc.

Point A (5, 7) is reflected over the point (6, 6) and its image is point B. Then the point (6, 6) is the mid-point of the A and B. Then the coordinate of the point B will be

[tex]\rm (x_2 , y_2) = (2x -x _1, 2y - y_1)\\\\(x_2 , y_2) = (2 \times 6 - 5, 2 \times 6- 7)\\\\(x_2 , y_2) = (12-5,12-7)\\\\(x_2 , y_2) = (7, 5)[/tex]

More about the coordinate geometry link is given below.

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Pablo's father is 4 years older than his mother and Pablo is a third his mother's age.
If their combined age is 74 years

Answers

Answer: 11

Explanation:

Find the equation of the tangent to the curve y = 4x³- 5x² + x - 3 at the point where it crosses the y axis.​

Answers

Answer:

y = x-3

Step-by-step explanation:

When the graph of this equation crosses the y - axis , the value of x is = 0.

 sub in zero to find this y value = -3

    so the point is (0, -3)

Now find the drivative of this equation....the derivative tells you the slope of the original graph at any given point

 derivative = 12x^2-10x+1        this , when x = 0 shows slope  = 1

    the equation then becomes   y = (1) x -3     or just  y = x-3

 See image below

Answer:

-3

Step-by-step explanation:

put x= 0

solve:
-0.4k-6=1.2

If you answer this you're a God

Answers

Answer:

The answer is k = -18

Step-by-step explanation:

This is so easy... so first you do -2k/5 - 6 = 1.2

                                                     -2k + 5(-6)/5 = 1.2

                                                      and then all that divided by 5


5. Change the following mixed numbers to improper
fractions.
a. 3 5/6
b. 2 7/8
C. 5 1/5
D. 7 1/9

Answers

a.23/6
b.23/8
c.26/5
d.64/9

Choose the graph that represents the equation y=x-2

Answers

Step-by-step explanation:

The choices are not given but the graph looks like the above picture.

Answer:

just use Desmos graphing calculator, it works great.

Step-by-step explanation:

Hi can someone please help me

Answers

Answer:

Last and second lastv

Step-by-step explanation:

According to the rational factorization.

pls help i need an A my mom is going to get mad at me pls help i will give 62 points

Answers

Answer:

I would say the second one

Step-by-step explanation: Good luck! :)

A sum of money was distributed among some boys. Had there been two boys more, each would have received Rs. 10 less. Had there been two boys less, each would have received Rs. 15 more. Find the number of boys and the sum received by each.​

Answers

Given -

A sum of money was distributed among some boys.Had there been two boys more, each would have received Rs. 10 less.Had there been two boys less, each would have received Rs. 15 more.

To find -

the number of boys and the sum received by each.

Explanation -

Here as we are required to find the value of two different individuals hence first we will from 2 linear equations into two variables (taking each to be value as x and y or whatever you like, I will take them as a and b) will solve the equation by any method of your choice (explanation for them is in the link, below, it is given by the same me)

https://brainly.com/question/27161912?utm_source=android&utm_medium=share&utm_campaign=question

Solution -

Let the sum of money that was given to each boy be a and the number of boys be b. Hence, the total no. of money distributed to b no. of boys is ab.

According to the question,

Scenario 1 -

➡ (a + 2)(b - 10) = ab

Solving it further,

➡ a(b - 10) + 2(b - 10)= ab

➡ ab - 10a + 2b - 20= ab

Cancelling ab,

10a - 2b + 20 = 0

10a = 2b - 20

➡ a = 2(b - 10)/10

a = (b - 10)/5

Scenario 2 -

➡ (a - 2)(b + 15) = ab

Solving it further,

➡ a(b + 15) - 2(b + 15)= ab

➡ ab + 15a - 2b - 30= ab

Cancelling ab,

15a - 2b - 30 = 0

Substituting the value of a in the equation,

➡ 15{(b - 10)/5} - 2b - 30 = 0

➡ 3(b - 10) - 2b - 30 = 0

➡ 3b - 30 - 2b - 30 = 0

➡ 3b - 2b -60 = 0

b = 60

Substituting the value of b in a = (b - 10)/5,

➡ a = (60 - 10)/5

➡ a = 50/5

a = 10

[Here we have used the substitution method]

Henceforth, the total number of boys is 60 and the sum received by each is Rs. 10 .

Ryan invested $257 in an account paying an interest rate of 3.9% compounded weekly.
What is the equation?

Answers

Answer:

The equation is 257/x = x/3.9

Step-by-step explanation:

help me please…………..

Answers

hope this helps
answer: b
explained below
The answer is B!

Since both terms are perfect squares, factor using the difference of squares formula

using appropriate property find -2/5 ×1/5 + 2/5 × 1/5


Answers

Answer:

simply cut 5 and solve if no property needed but if needed use distributive

Solve and show your work for each question.
Note: Remember per the rule of 9s if you have a repeating and non-repeating component you need to handle them separately.
What is 0.47 expressed as a fraction in simplest form?
What is 0.4¯7 expressed as a fraction in simplest form?
What is 0.¯47 expressed as a fraction in simplest form?
Answer:
show work on how you did it

Answers

The computation of the figure illustrates that 0.47 expressed as a fraction in simplest form is 43/90.

How to compute the fraction?

From the information given, let a = 0.47. Now 10a = 4.777 .... equation i

100a = 47.77 ..... equation ii

Subtract equation i from ii

100a - 10a = 47 - 4

90a = 43

Divide both side by 90

90a/90 = 43/90

a = 43/90

Learn more about fractions on:

https://brainly.com/question/78672

The label on the car's antifreeze container claims to protect the car between −40°C and 125°C. To covert Celsius temperature to Fahrenheit temperature, the formula is C equals five ninths times the quantity F minus thirty two.. Write a compound inequality to determine the Fahrenheit temperature range at which the antifreeze protects the car.

Answers

Answer:

see below

Step-by-step explanation:

The label on the car's antifreeze container claims to protect the car between -40°C and 125°C.

So inequality which models this situation will be -40°C < T < 125°C

Now we have to show this inequality in Fahrenheit temperature with the help of [tex]C=\frac{5}{9} (F-32)[/tex]

So the compound inequality in Fahrenheit temperature will be

[tex]-40 < \frac{5}{9} (F-32) < 125[/tex]

4. The number of feet in a yard can be represented by a graph. Circle the graph(s) that could
be used to represent the number of feet, y, in x yards.
GRAPH A
GRAPH B
GRAPH
GRAPHD
27
26
21
18
LS
60
54
48
42
36
30
20
18
12
135
12
105
9
75
6
60
54
40
42
36
30
24
18
12
9
45
3
3
15
6

Answers

i need to see the graphs is it possible to add a photo ??

Hey can somebody help me on this?

Answers

Answer: 7

Step-by-step explanation: g = 8 ( given ) g/2+3 plugging the value of g 8/2+3

8+3x2

   2

  8+6

    2

   14

    7

   = 2

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