21. Paul has $900 to invest in a savings account that has an annual interest rate of 1.8%, and a money market account that pays 4.2% per year. Write a polynomial for the interest he will earn in one year if he invests x dollars in the savings account.

Answers

Answer 1

The polynomial that gives the interest earned after a year will have variables, exponents and constants that are joined by operators.

The interest earned after one year is 0.018·x

Reasons:

The amount Paul has to invest = $900

The annual interest rate from the savings account = 1.8%

The amount the money market account pays per year = 4.2 %

Required: The polynomial for the interest Paul earned by investing x dollars in the savings account.

Solution:

The interest earned is found using the compound interest formula as follows;

[tex]\displaystyle A = \mathbf{P \cdot \left(1 + \frac{r}{n} \right)^{n \cdot t}}[/tex]

Where;

A = The amount in the account after one year

P = The original amount invested = x

r = The interest rate offered on the investment = 1.8% = 0.018

t = The time of the investment = 1 year

n = The number of times of application of the interest per period = Once per year

Which gives;

Interest = Amount earned = A - P

Therefore;

[tex]\displaystyle Interest, \ I = \mathbf{P \cdot \left(1 + \frac{r}{n} \right)^{n \cdot t} - P}[/tex]

Plugging in the values gives;

[tex]\displaystyle I = x \cdot \left(1 + \frac{0.018}{1} \right)^{1 \times 1} - x = x \cdot 1.018^1 - x = 1.018 \cdot x - x = 0.018 \cdot x[/tex]

The polynomial equation is therefore;

Interest, I = 0.018·x

Using the simple interest formula, we have;

[tex]\displaystyle Interest = \mathbf{\frac{P \times r \times t}{100}}[/tex]

Which gives;

[tex]\displaystyle Interest = \frac{x \times 1.8 \times 1}{100} = 0.018 \cdot x[/tex]

Interest earned by investing in the savings account for one year, I = 0.018·x

The polynomial representing the interest earned is I = 0.018·x

Learn more here:

https://brainly.com/question/11314161


Related Questions

What is a logarithm.

Answers

Answer:

Logarithms were invented in the 17th century as a calculation tool by Scottish mathematician John Napier (1550 to 1617), who coined the term from the Greek words for ratio (logos) and number (arithmos

Step-by-step explanation:

train tickets cost $48 for adults and $32 for children there are 27 adults and 55 children on the train how much did the passengers pay to ride the train​

Answers

$3,056
work
adult tickets:48x27=1296
children tickets: 55x32=1760
add the two totals 1296+1760= 3056

Gigi graphs the parabola (x+1)2=2(y−3).

How does she proceed?

Drag a value, coordinates, equation, or word to the boxes to correctly complete the statements.

Answers

After graphing the parabola [tex](x+1)^2=2(y-3)[/tex], she can fill the boxes as follows:

Gigi identifies that the vertex of the parabola is [tex](-1, 3)[/tex]. The parabola opens up, and the focus is [tex]\frac{1}{2}[/tex] unit away from the vertex. The directrix is [tex]1[/tex] unit from the focus. The focus is the point [tex](-1, \frac{7}{2})[/tex]. The directrix of the equation is [tex]y=\frac{5}{2}[/tex].

Since Gigi's parabola has the x-term squared, then the parabola has the general formula

[tex](x-h)^2=4p(y-k)[/tex]

So,

[tex]x-h=x+1 \implies h=-1[/tex]

[tex]y-k=y-3\implies k=3[/tex]

The vertex is

[tex](h,k)=(-1,3)[/tex]

The focus is

[tex](h,k+p)=(-1,3+\frac{1}{2})\\=(-1,\frac{7}{2})[/tex]

The directrix is

[tex]y=k-p=3-\frac{1}{2}=\frac{5}{2}[/tex]

The other values can be computed as follows;

Direction the parabola opens: Since the value of p is positive, the parabola opens up.

Distance of focus from vertex: The focus and vertex both have the same x position, so the distance will be in terms of the y-coordinates only. The distance from the focus to the vertex is

[tex]\frac{7}{2}-3=\frac{1}{2}\text{ unit}[/tex]

Distance of directrix to focus: The directrix is the line [tex]y=2.5[/tex]. The distance of the directrix to the focus will be

[tex]\frac{7}{2}-\frac{5}{2}=1 \text{ unit}[/tex]

Learn more about conic sections here: https://brainly.com/question/12854078

Answer:

I took the quiz.

Step-by-step explanation:

An Apple Watch was marked down 1/9 of the original price. If the sales price was $224 what is the original price?

Answers

Answer:

ok so that means that the new price is 8/9th of the original one so we divide 224 by 8/9=252

Hope This Helps!!!

Marked down 1/9 means it sold for 8/9 of the original price.

Divide the sale price by 8/9:

224 / 8/9 = 224 x 9/8 = (224 x 9)/8 = 2016/8 = 252

The original price was $252

1.
Which of the following equations describes the graph?
A. y= -x^2 + 1
B. y= x^2 - 1
C. y= x^2 + 1
D. y= -x^2 - 1

Answers

Answer:

A. y= -x^2 + 1

Step-by-step explanation:

Graph the parabola using the direction, vertex, focus, and axis of symmetry.

Direction: Opens Down

Vertex:  

(

0

,

1

)

Focus:  

(

0

,

3

4

)

Axis of Symmetry:  

x

=

0

Directrix:  

y

=

5

4

x

y

2

3

1

0

0

1

1

0

2

3

________________________________

Graph the parabola using the direction, vertex, focus, and axis of symmetry.

Direction: Opens Up

Vertex:  

(

0

,

1

)

Focus:  

(

0

,

3

4

)

Axis of Symmetry:  

x

=

0

Directrix:  

y

=

5

4

x

y

2

3

1

0

0

1

1

0

2

3

__________________

Graph the parabola using the direction, vertex, focus, and axis of symmetry.

Direction: Opens Up

Vertex:  

(

0

,

1

)

Focus:  

(

0

,

5

4

)

Axis of Symmetry:  

x

=

0

Directrix:  

y

=

3

4

x

y

2

5

1

2

0

1

1

2

2

5

_________________

Graph the parabola using the direction, vertex, focus, and axis of symmetry.

Direction: Opens Down

Vertex:  

(

0

,

1

)

Focus:  

(

0

,

5

4

)

Axis of Symmetry:  

x

=

0

Directrix:  

y

=

3

4

x

y

2

5

1

2

0

1

1

2

2

5

what would be 8/1 x 1/2

Answers

Answer:

4.

Step-by-step explanation:

8*1 / 1*2

= 8/2

= 4.

[tex]8\times \dfrac 12 = 4[/tex]

Can someone please help me with this?

Answers

Hello,

Ali is right, Khamis is wrong. Why because Khamis forgot to put the negative sign in front of 5b, it should be wrote -5b in the second line and not 5b.

And then Khamis should have divided -5b by -5b.

Good Luck

Ali is correct
Ali is correct

Due in an hour help me
Please I have to pass

Answers

Answer:

A is answer

Step-by-step explanation:

Old McDonald's 3 hens lay the same number of eggs one week. This gives Old McDonald's wife enough eggs for two recipes. One recipe requires 10 eggs and the other recipe requires 2 eggs. How many eggs did each hen lay?

Answers

I think the answer is 4 because you add the 10 and 2 and you get 12 and then divide that by how many hens there are (3). The answer is 4

What is the nth term rule of the quadratic sequence below?
-4,-3,0,5, 12, 21, 32,...
I need help quick!!

Answers

Answer:

The nth term = n^2 - 2n - 3.

Step-by-step explanation:

Here, we will be finding the nth term of a quadratic number sequence. A quadratic number sequence has nth term = an² + bn + c

Example 1

Write down the nth term of this quadratic number sequence.

-3, 8, 23, 42, 65...

Step 1: Confirm the sequence is quadratic. This is done by finding the second difference.

Sequence = -3, 8, 23, 42, 65

1st difference = 11,15,19,23

2nd difference = 4,4,4,4

Step 2: If you divide the second difference by 2, you will get the value of a.

4 ÷ 2 = 2

So the first term of the nth term is 2n²

Step 3: Next, substitute the number 1 to 5 into 2n².

n = 1,2,3,4,5

2n² = 2,8,18,32,50

Step 4: Now, take these values (2n²) from the numbers in the original number sequence and work out the nth term of these numbers that form a linear sequence.

n = 1,2,3,4,5

2n² = 2,8,18,32,50

Differences = -5,0,5,10,15

Now the nth term of these differences (-5,0,5,10,15) is 5n -10.

So b = 5 and c = -10.

Step 5: Write down your final answer in the form an² + bn + c.

2n² + 5n -10

Example 2

Write down the nth term of this quadratic number sequence.

9, 28, 57, 96, 145...

Step 1: Confirm if the sequence is quadratic. This is done by finding the second difference.

Sequence = 9, 28, 57, 96, 145...

1st differences = 19,29,39,49

2nd differences = 10,10,10

Step 2: If you divide the second difference by 2, you will get the value of a.

10 ÷ 2 = 5

So the first term of the nth term is 5n²

Step 3: Next, substitute the number 1 to 5 into 5n².

n = 1,2,3,4,5

5n² = 5,20,45,80,125

Step 4: Now, take these values (5n²) from the numbers in the original number sequence and work out the nth term of these numbers that form a linear sequence.

n = 1,2,3,4,5

5n² = 5,20,45,80,125

Differences = 4,8,12,16,20

Now the nth term of these differences (4,8,12,16,20) is 4n. So b = 4 and c = 0.

Step 5: Write down your final answer in the form an² + bn + c.

5n² + 4n

I GIVE BRAINLIST ON ALL MY QUESTIONS !!

solve the system of equations using substitution

y= 2x + 4
2x - y =6

A) (2, 8)
B) (2, -8)
C) (10, 24)
D) no solution

Answers

Answer is D)

no solution

Two architects bid for a small government project, both
charging a flat fee added to an hourly rate. Amazing
Designs bids $250 plus $45 per hour, while Super Structures
bids $100 plus $60 per hour. At what point in time will the
two companies charge exactly the same amount?

Answers

Answer:

10 hours

Step-by-step explanation:

let x be the total number of hours

Amazing design total charge = 45x+250

super structures total charge = 60x+100

both companies charge the same amount when both equation equals

45x+250=60x+100

60x-45x=250-100

15x=150

x=10

therefore at 10 hours both companies will charge the same amount

how can u calculate 23x4 if the 4 buton is broken?

Answers

Answer:

23x2x2

Step-by-step explanation:

Frank pays 2.85 for a bag of 15 tangerines.
Find the unit price in dollars per tangerine.
If necessary, round your answer to the nearest cent.

Answers

Answer:

19 cents because 2.85/15=0.19ct   and now we round it up its 20cents!

Step-by-step explanation:

Hope this helps!

Answer:

The answer is $0.19

Step-by-step explanation:

Divide 2.85 by 15.

2.85 ÷ 15 = 0.19

What is the common difference for this arithmetic sequence 45,40,35,30,25,

Answers

Answer:

-5

Step-by-step explanation:

There are 190 people on the beach. 110 are wearing sunglasses, 70 are wearing bathing suits, and 95 are wearing a hat. Everyone is wearing at least one of these items. 30 are wearing both bathing suits and sunglasses. 25 are wearing both bathing suits and a hat. 40 are wearing both sunglasses and a hat. How many people are wearing all three items

Answers

190=110+70+95−(30+25+40)+x190=110+70+95−(30+25+40)+x

Simplifying, we get that x=10x=10.

its 10

If the worker worked for 15.5 hours, how much money would they earn? Round to the nearest
hundredth.

Answers

$135.63 or Choice B

Step-by-step explanation:

If the worker works for 15.5 hours and earns $8.75 per hour, you would multiply 15.5 and 8.75, you get 135.625. Round it to the nearest hundredth gives you the answer of $135.62

-
1.) -x + 5y = 49
X =
X - 4y = - 39
-
=

Answers

Answer: (1,10)

Step-by-step explanation:

Assuming these are the correctly written equations:

-x + 5y = 49, and

x - 4y = -39

I'll rewrite them:

5y = x + 49

y = (1/5)x + (49/5)

-4y = -x -39

y = (1/4)x + (39/4)

=====

I'll assume the question is to find the point these two lines intersect (?).

See the attached graph.  They intersect at (1,10).

Ms. Adam drives 150% of Mr. Gilbert’s distance. How far does Ms. Adam drive?

Answers

Answer:

first tell how far does Mr. Gilbert drive???

Mr. Gilbert drives 8 miles. Ms. Adam drives 150% the distance.

Start by dividing the percent by 100 to find the multiple. 150/100 is 1.5. Now multiply 1.5 times 8 to find the distance travelled. 8 * 1.5 = 12. Another way to think of 1.5 is (1 x 8) + (.5 x 8) = (8 + 4) = 12

I hope this helps! :)

Solve the slope for the table.

Answers

Answer:

Slope = -3

Step-by-step explanation:

8-17/0+3=-9/3=-3 : Slope Formula

Jack estimates that a piece of wood measures 4.5 cm. If it actually measures 4.72 cm, what is the percent error of Jack’s estimate? (Show all of your work)

Answers

Answer:

ion

Step-by-step explanation:srry

im stuck on this problem can someone help me? (see photo) ​

Answers

Answer:

I'm thinking the anwer is B

Step-by-step explanation:

I remember doing this problem before :)

Find the perimeter. Simplify your answer.

Answers

Step-by-step explanation:

perimeter =

2(L+B)

=2× (7z+3 +3z+5)

2×10z +8

=20z+16

What is the product?

Enter your answer as a fraction, in simplified form, in the box.

3/8*(-36)

Answers

Answer:

-27/2

Step-by-step explanation:

3/8 × -36

(3×-36)/8

-108/8

-27/2

mike drove 10 miles in 30 minutes, what's the average speed in miles per hour

Answers

Mike is driving 20 miles per hour

If he is driving 10 miles in 30 mins
(1/2 an hour) if you times both by two it tells you the MPH that Mike is driving.

What does the degree of the polynomial tell you.

Answers

A degree in a polynomial function is the greatest exponent of that equation, which determines the most number of solutions that a function could have and the most number of times a function will cross the x-axis when graphed.

What is Part 1 and Part 2? I think I have these correct.

Answers

Step-by-step explanation:

part 1. Alternate Exterior angle

part 2. 110°

HOPE THIS ANSWER HELPS YOU DEAR! TAKE CARE

I just woke up i need help ;-;

Answers

Answer:

i think that the correct answer is 7/12

The amount of sales of single scoop ice-cream cones during the summer s(c0 varies directly with the number of customers c. Ten customers bought a total of $44 worth of ice-cream cones. Which equation can be used to find the ice-cream sales for c customers?

Answers

Answer:

s(c)= 4.4c

Step-by-step explanation:

You ordered several pizzas from
Tonys Pizzeria, The pizzas cost
$50 but you also have to pay 6%
tax and want to leave a 10% tip.
How much will you pay in total,
after the tax and tip?

Answers

It will cost you $58 after the tax and tip!

Hope this helped!! :)
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