You deposit $25,000 into a bank that pays % 4 annual interest compounded monthly.

a) What is the account balance after 3 years?

b) When will the balance reach $40,000 ?

Answers

Answer 1

Answer

A: $28,000

B: 15 years

Step-by-step explanation:

A: Since $25,000 is deposited in the bank and you earn 4% interest annually over 3 years you would earn 12% interest. 12% of 25,000 is 3,000. The sum of 25,000 and 3,000 is 28,000 having you earn $28,000 over 3 years.

B: Since every year you earn 4% annual interest and you have $25,000 deposited in the bank you have to find what percentage of 25,000 equals 15,000. Since 25,000 isn't exactly easy to find multiply it by 4. That leaves you with 100,000 which we know you don't have in the bank but it will make it easier to find the percentage. You will also have to multiply 15,000 by 4 giving you 60,000. Now divide the 60,000 by 1,000 which equals 60. What's the point of the number 60? Well, that's the percentage it takes. Now divide 60 by the annual interest which is 4 and that gives you 15. 15 is the number of years it will take for the balance to reach $40,000.

Hope this helps!


Related Questions

2x +2y-16x+4y+20=0 solve by completing the square​

Answers

Answer

7/3

Step-by-step explanation:

Find f of x and f of y

F(x,y) = 2x + 27 - 16x + 4y + 20, f of x = -14

F(x,y) = 2x + 2y - 16x + 4y + 20, f of y = 6

Find the fist partial derivative

f of x = -14

f of y = 6

Subsitude f of x = 14 and f of y = 6 into dy/dx = - f of x / f of y

reduce the fraction

dy/dx = - 14/6 = - - 7/3 = 7/3

Which of the x values are solutions to the inequality 4(2 – x) > –2x – 3(4x + 1)? Check all that apply.

Answers

Step-by-step explanation:

[tex]4(2 - x) > - 2x - 3(4x + 1)[/tex]

[tex]8 - 4x > - 2x - 12x - 3[/tex]

[tex]8 - 4x > - 14x - 3[/tex]

[tex] - 4x + 14x > - 3 - 8[/tex]

[tex]10x > - 11[/tex]

[tex]x = - 1.1[/tex]

Answer:

[tex]x > \frac{-11}{10}[/tex]

Step-by-step explanation:

Step 1:  Distribute

[tex]4(2 - x) > -2x - 3(4x + 1)[/tex]

[tex](4*2)+(4 * (-x)) > -2x + (-3 * 4x) + (-3 * 1)[/tex]

[tex]8 - 4x > -2x - 12x - 3[/tex]

Step 2:  Combine like terms

[tex]8 - 4x > (-2x - 12x) - 3[/tex]

[tex]8 - 4x > -14x - 3[/tex]

Step 3:  Add 14x to both sides

[tex]8 - 4x + 14x > -14x - 3 + 14x[/tex]

[tex]8 + 10x > -3[/tex]

Step 4:  Subtract 8 from both sides

[tex]10x + 8 - 8 > -3 - 8[/tex]

[tex]10x > -11[/tex]

Step 5:  Divide both sides by 10

[tex]\frac{10x}{10} > \frac{-11}{10}[/tex]

[tex]x > \frac{-11}{10}[/tex]

Answer:  [tex]x > \frac{-11}{10}[/tex]

Simplify this expression . With each step. please (x2 - x - 2)/(x2 + 5x + 4)

Answers

Answer:

I hope dis helps

Step-by-step explanation:

Simplify  

           x2 + 5x + 4

Trying to factor by splitting the middle term

1.1     Factoring  x2 - x - 2

The first term is,  x2  its coefficient is  1 .

The middle term is,  -x  its coefficient is  -1 .

The last term, "the constant", is  -2

Step-1 : Multiply the coefficient of the first term by the constant   1 • -2 = -2

Step-2 : Find two factors of  -2  whose sum equals the coefficient of the middle term, which is   -1 .

     -2    +    1    =    -1    That's it

Step-3 : Rewrite the polynomial splitting the middle term using the two factors found in step 2 above,  -2  and  1

                    x2 - 2x + 1x - 2

Step-4 : Add up the first 2 terms, pulling out like factors :

                   x • (x-2)

             Add up the last 2 terms, pulling out common factors :

                    1 • (x-2)

Step-5 : Add up the four terms of step 4 :

                   (x+1)  •  (x-2)

            Which is the desired factorization

Trying to factor by splitting the middle term

1.2     Factoring  x2+5x+4

The first term is,  x2  its coefficient is  1 .

The middle term is,  +5x  its coefficient is  5 .

The last term, "the constant", is  +4

Step-1 : Multiply the coefficient of the first term by the constant   1 • 4 = 4

Step-2 : Find two factors of  4  whose sum equals the coefficient of the middle term, which is   5 .

     -4    +    -1    =    -5

     -2    +    -2    =    -4

     -1    +    -4    =    -5

     1    +    4    =    5    That's it

Step-3 : Rewrite the polynomial splitting the middle term using the two factors found in step 2 above,  1  and  4

                    x2 + 1x + 4x + 4

Step-4 : Add up the first 2 terms, pulling out like factors :

                   x • (x+1)

             Add up the last 2 terms, pulling out common factors :

                   4 • (x+1)

Step-5 : Add up the four terms of step 4 :

                   (x+4)  •  (x+1)

            Which is the desired factorization

Canceling Out :

1.3    Cancel out  (x+1)  which appears on both sides of the fraction line.

Final result :

 x - 2

 —————

 x + 4

SOLVE PLSEEE I GIVE POINTS

Answers

Since the diameter for a segment is 68 centimeters long, we must divide that number by 4, since there are four circles. Next, we get 17.

Then, we use the formula for solving a circle, which is [tex]A = \pi r^2[/tex]. Plug in 8.5 (half of 17) for the radius, and then convert pi into 3.14. The equation should now look something like this: [tex]A = 3.14 * 8.5^2[/tex]. When solving, we get 265.865 for one circle only. We next multiply 256.856 by 4 since there are four circles. After multiplying you should get a total of 907.46 centimeters squared.

If this isn't correct, then do the same thing, but the radius is 34 centimeters.

8 ≤ 2m Find variable of m

Please show your work

Answers

Answer:

m ≥ 4

Step-by-step explanation:

8 ≤ 2m

8/2 ≤ m

4 ≤ m

m ≥ 4

Darcy pays $37.95 for a 25.3-kilometer taxi ride.

How much does Darcy pay, in dollars, per kilometer?

Answers

Answer:

1.5 per kilo

Step-by-step explanation:

Answer: That would be $1.50

Explanation: I took a test and I got it right

Mrs. Murray wants to hang lights around the edge of the ceiling. The ceiling measures 14.5 feet by 9.6 feet. What is the perimeter, in feet, of Mrs. Murray's ceiling?
What is the perimeter of the ceiling in inches.

Answers

Answer:

48.2 feet

or

578.4 inches

Step-by-step explanation:

Perimeter is the distance around the shape or in this case the room. Assuming the room is a rectangle you would have two walls of the same length totaling 4 walls.

To find the perimeter add up 14.5 + 14.5 + 9.6 + 9.6 = 48.2 feet

Since it askes for the answer in inches you have to convert from feet to inches by multiplying your answer by twelve.

coulddd i be helped really quick?

Answers

Answer for 4 is 56 costumers
Answer for 30 is x+56=y-$5.05
Cover charge be xCustomers be y

So

For every increase in cover price of x means 5x+0.5 decreases customers by 30

So

the expression is

5x+0.5=300y-305x=300y-30.5300y=5x-30.55x-300y-30.5=0

please help !! I dont know what the awnser is, i put mean, medium, and mode for the first try adn it gave me partial

Answers

Answer:

All of them but the last one

Step-by-step explanation:

Please help I really need this

Answers

Answer:

(0 , 4)

Step-by-step explanation:

The Y-intercept is when a line crosses sector y at any point. This means x will be zero. Simply to find the y-intercept from this quadratic function, just look at where the line crosses the y-line.

This clearly passes at (0,4), therefore (0,4) is the y-intercept.

To make a small vase, Elisa uses no more than 4.5 ounces of clay. To make a large vase, she uses at least 12 ounces of clay. Which compound inequality represents the number of ounces of clay, c, that Elisa uses to make one vase of either size?

4.5 < c < 12
4.5 ≤ c ≤ 12
c < 4.5 or c > 12
c ≤ 4.5 or c ≥ 12

Answers

Answer:

last one is the answer of the following question

Answer:

D

Step-by-step explanation:

the table shows the fees david charges for yard work

how much does david charge for yard work that takes 4.5 hours​

Answers

157= one hundred and fifty seven


(a) Is the image
of the dilation a reduction or an enlargement of the original figure? Explain.
(b) What is the scale factor? Explain.

Answers

I will have to see the image I am pretty right

Solve the following equation

Answers

Answer:

Write it down in comments i can barely see

Step-by-step explanation:

For two functions, f(x) and g(x), a statement is made that f(x) = g(x) at x = 5. What is definitely true about x = 5?

A. Both f(x) and g(x) cross the x-axis at 5.
B. Both f(x) and g(x) cross the y-axis at 5.
C. Both f(x) and g(x) have a maximum or minimum value at x = 5.
D. Both f(x) and g(x) have the same output value at x = 5

Answers

Answer:

D

Step-by-step explanation:

f(x) = g(x) at x=5

means

f(5) = g(5)

whats 1 added up to 1?

Answers

4 dude lol just playin 2

find the area for the shaded region

Answers

Answer:

610m^2 because that's math

Step-by-step explanation:

42x25 - 20x22

Step-by-step explanation:

S SOLUTION:

THE VOLUME OF CUBIOD IS 25 X 22 X 42=23100. M 3

VOLUME OF CUBIOD ; LENGTH X WIDTH X HEIGHT.

------------------------------------------------------------------------------------------------------------

this answer is correct

brain less this answer

Pleaseeee answer I’ll give you pointsss

Answers

Answer:

Okay . That looks interesting. Can't help.

What is the length of the hypotenuse of the triangle below?
45
h
45°
5√2
90⁰
5√2

Answers

Answer:

10

Step-by-step explanation:

find the square root of the sum of the squares

The length of the hypotenuse for the given right angled triangle is 10 units.

What is a Pythagoras theorem?

Pythagoras theorem states that the square of the hypotenuse is equivalent to the square of the base and perpendicular.

We can write the formula for Pythagoras theorem as -

(hypotenuse)² = (base)² + (perpendicular)²

Given is to find the length of the hypotenuse in the right angled triangle shown.

Using the Pythagoras theorem, we can write that -

(hypotenuse)² = (base)² + (perpendicular)²

(hypotenuse)² = (5√2)² + (5√2)²

(hypotenuse)² = 2 x (5√2)²

(hypotenuse)² = 2 x 25 x 2

(hypotenuse)² = 100

(hypotenuse) = 10

Therefore, the length of the hypotenuse for the given right angled triangle is 10 units.

To solve more questions on triangles, visit the link-

https://brainly.com/question/2773823

#SPJ7

Mean:median:mode:range

Answers

Answer: Hi there ^^ oki so ima explain what these are/mean
So for starters this is used in math and isnt really useful but u got to do the work sadly so.
the mean is the arithmetic average of a set of given numbers.
the median is the middle in sorted numbers (after u sort the given numbers), ascending or desending, list of numbers can be more descripited of that data set than the average.
the mode is the value that appears most frequently, for example "the mode of {4,2,4,3,2,2} is 2 because it accurs 3 times, so in short words the mode is the number used the Most,
And lastly the Range is the differance between the highest and the lowest values in a set of numbers.

i hope this helps u out! ^^ ~xlXCherryColaXlx

How would I solve I need to know Asap and what is the answer

Answers

Answer:

All of them are true.

Step-by-step explanation:

The symbol ≅  is used to show congruence between two shapes.

Congruency means that the shapes have the same shape and size.

This means that the two shapes are the same.

This means that all sides are going to be the same, so the first two statements are true.

This also means that the angles are the same, so the last two statements are also true.

mark brainliest please!

Answer:

1 and 3 are correct.

Step-by-step explanation:

You can just look at the order of the letters in the triangle congruence statement and see if they correspond with the answer choices.

For example... OC is congruent to JA because for both segments, it's the first letter, then the second letter from the beginning triangle congruence statement.

What is the surface area of the cylinder with height 3 yd and radius 4 yd? Round your
answer to the nearest thousandth.

Answers

A≈175.93yd²

A=2πrh+2πr2=2·π·4·3+2·π·42≈175.92919yd²

Therfore the surface area of the cylinder with height 3 yd and radius 4 yd is 175.93

Molly's alarm clock fell to the floor and the glass face was broken. Molly measured the glass face so that she could order a new one.

The radius of the circle-shaped glass face is 8 centimeters. What is the approximate area of the glass face? (Use 3.14 for .)

Answers

Answer:

200.96 cm^2

Step-by-step explanation:

πr^2 is the formula for the area of a circle

π*8^2

64π

substitute pi with 3.14

64 * 3.14 = 200.96

200.96

mark brainliest please!

Trey plans to watch 2 movies each month. Write an equation to represent the total number of movies n that he will watch in m months.

Answers

Answer:

2n*m. when there is a one in front of a letter, it is immediately just the letter

If there are 12 months (m) and he plans to watch 2 per month, we will just multiply 2(12) and it gets us with 24 movies. If the amount of months is lower than 12, we can just put 2(m)

find the derivative pls !!

Answers

The answer d/ds(5/2(s^2-1)(s^3+5))
=5/2s(5s^3-3s+10)

The regular price of a sofa, in dollars, is represented by . The sale price of the sofa is 30%off the regular price. Select alltrue statements.
A. The sale price of the sofa can be represented by −0.3.
B. The sale price of the sofa can be represented by 0.7.
C. The sale price of the sofa can be represented by 0.3
D. The dollar amount of the discount for the sale price can be represented by 0.3.
E. The dollar amount of the discount for the sale price can be represented by −0.3.

Answers

Answer:

BE

Step-by-step explanation:

The sale price of the sofa is given as :

Original Price (100% - 30%)Original Price (70%)Original Price (0.7)

The dollar amount for the discount

- 30% [discount]-0.3

Can any math experts please help me out with this? Thank you,

Answers

Answer:

13) x = 19

14) x = 12.4

Step-by-step explanation:

So, for 13, we know that the whole thing is 90 degrees, a right angle.

So, (4x - 17) + 31 = 90

Now, we'll subtract 31 from 90 to figure out the other angle.

4x - 17 = 59

Now, add seventeen to both sides to get 4x alone...

4x = 76

Divide each by four!

x = 19

Now, to check, we plug this x value into our first equation:

(4(19) - 17) + 31 = 90

(76 - 17) + 31 = 90

(59) + 31 = 90

90 = 90 :: true!

________________________________________

For 14, we know that the total must be 180, because it's a straight angle.

So, (5x + 22) + 96 = 180  
Again, subtract the known angle from each side:

5x + 22 = 84

Subtract 22 from each side to get the exponent by itself...

5x = 62

Divide each side by 5:

x = 12.4

Now, plug it in to check.....

(5*12.4) + 22 + 96 = 180

62 + 22 + 96 = 180

84 + 96 = 180

180 = 180 :: true!

Question in picture below

Answers

Answer:

  f(x) = 3sin(3.1416(x +4)/7)

Step-by-step explanation:

You want the equation of a sine function with an amplitude of 3 and having one cycle between the points (-11, 0) and (3, 0), where it has negative slope.

Equation

The equation will generally be of the form ...

  f(x) = (amplitude)·sin(2π/(period)·(x-(horizontal translation)))

Application

Here, the amplitude is 3 units, the period is (3 -(-11)) = 14 units, and the horizontal translation from the origin to the positive-going midline crossing is 4 units to the left.

Then f(x) is ...

  f(x) = 3·sin(2π/14(x -(-4))

  f(x) = 3·sin(3.1416/7(x +4))

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A coin tossed four times and a card is selected from a standard deck of cards

Answers

Probability of landing on tails = 1/2Probability of choosing a spade = 1/4, as there are 13 spades in a pack of 52 cardsSo the probability of both = 1/2 * 1/4 = 1/8.We are assuming the deck of cards does not contain jokers.

Describe a set of transformations that would map Triangle FGH onto Triangle F’G’H’

Answers

The translations would be this

1) reflection over the x-axis
2) translation of (-6,0)
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