A principal of $2700 is invested at 6.25% interest, compounded annually. How much will the investment be worth after 13 years?
Use the calculator provided and round your answer to the nearest dollar.
$

Answers

Answer 1

Answer:

$5938

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Compounded Interest Rate Formula: [tex]\displaystyle A = P(1 + \frac{r}{n})^{nt}[/tex]

P is principle amountr is raten is compounded ratet is time

Step-by-step explanation:

Step 1: Define

Identify variables

P = 2700

r = 6.25% = 0.0625

n = 1

t = 13

Step 2: Find Interest

Substitute in variables [Compounded Interest Rate Formula]:                     [tex]\displaystyle A = 2700(1 + \frac{0.0625}{1})^{1 \cdot 13}[/tex][Exponents] Multiply:                                                                                         [tex]\displaystyle A = 2700(1 + \frac{0.0625}{1})^{13}[/tex](Parenthesis) Divide:                                                                                        [tex]\displaystyle A = 2700(1 + 0.0625)^{13}[/tex](Parenthesis) Add:                                                                                            [tex]\displaystyle A = 2700(1.0625)^{13}[/tex]Evaluate exponents:                                                                                         [tex]\displaystyle A = 2700(2.19926)[/tex]Multiply:                                                                                                             [tex]\displaystyle A = 5938[/tex]

Related Questions

A bank account starts with $3.00. The amount in the account doubles every year .

Answers

Answer:

Step-by-step explana

multiply it by 2 or sdd itself to it

The  account will have $1536.007 after 9 years.

Part A:

To express the total amount of money A(t) in the account after 7 years, we can use the formula:

A(t) = P[tex](2^t)[/tex]

where:

A(t) is the total amount in the account after t years,

P is the initial amount in the account (starting with $3.00 in this case),

t is the number of years.

Substituting the values into the formula, we get:

A(t) = 3 ([tex]2^7[/tex])

A(t) = 3 x 128

A(t) = 384

Therefore, the total amount of money in the account after 7 years is $384.

B) To find out after how many years the account will have $1536.007, we need to solve the equation:

1536.007 = 3 [tex](2^t)[/tex]

Dividing both sides of the equation by 3, we get:

512.0023333333 = [tex]2^t[/tex]

Taking the logarithm (base 2) of both sides, we have:

log2(512.0023333333) = t

t = 9.000317.

Therefore, the account will have $1536.007 after 9 years.

Learn more about Equation here:

https://brainly.com/question/29538993

#SPJ2


Find the equation of the line with a slope of 2 and a point of (5,11)

PLEASE HELP !!!! THANKS !!!

Answers

Answer:

y=2x+1

Step-by-step explanation:

Hi there!

We are given the slope (m), which is 2, as well as the point (5,11).

We need to find the equation of the line.

There are 3 ways to write the equation of the line, but the most common type is slope-intercept form, or y=mx+b, where m is the slope and b is the y intercept

We're already given the slope (2), so we can substitute it into the equation right away

here's the equation so far:

y=2x+b

now we need to find b.

We can do this by plugging (5,11) into the equation, as the line passes through that point.

Substitute x as 5 and 11 as y

11=2(5)+b

multiply

11=10+b

subtract 10 from both sides

1=b

substitute 1 as b into the equation

y=2x+1

Hope this helps! :)

Last question of the day :)

Answers

Answer:

yehshjdjejrdjjej3u Rudd ixjje

maybe 10 i think but i really don’t know i need the points sis

Can you do it thank for answer

Answers

Answer:

Step-by-step explanation:

a) 5  > 4 +x

4 + x < 5

Subtract 4 from both sides

x < 5 - 4

x < 1

b) 2 ≤ 6c + 14

6c + 14 ≥ 2

Subtract 14 from both sides

6x ≥ 2 - 14

6x ≥ - 12

Divide both sides by 6

x ≥ -12/6

x ≥ -2

c)  -4 > 2b

2b < - 4

Divide both sides by 2

b < -4/2

b < -2

d)

[tex]7 \leq \frac{a}{3}[/tex]

[tex]\frac{a}{3} \geq 7\\\\a \geq 7*3\\\\a \geq 21[/tex]

Answer:

Below.

Step-by-step explanation:

(a). 5 > 4 + x

4 + x < 5      (Note that the sign is flipped)

x < 5 - 4

x < 1.

(b) and (c) are solved in the same way.

(d)  7 <= a/3

a/3 >= 7

Multiply both sides by 3

a >= 21.

(e) - as above.

(f) 6 >= 3(p + 2) - 11

3(p+2) - 11 <= 6

3p + 6 - 11 <= 6

3p - 5 <= 6

3p <= 6 + 5

3p <= 11

p <= 11/3.

A company has designed its new packaging for products to be shaped liked the prism shown. If the cost of packaging is $0.03 per square inch, find the total cost of the package shown. (10 inches horizontally, 4 inches vertically, and 4 inches on the side)

Answers

Answer:

$5.76

Step-by-step explanation:

We solve using the formula of the area of a rectangular prism

A = 2(LW + LH + WH)

The dimensions of the package are given as: 10 inches horizontally, 4 inches vertically, and 4 inches on the side

=2 × (4 × 10 + 4 × 10 + 4 ×4)

=192 square inches

If the cost of packaging is $0.03 per square inch, the total cost of the package is calculated as:

1 square inch = $0.03

192 square inches = x

Cross Multiply

= 192 × $0.03

= $5.76

plzz help i only have like 5 minssssss


What is the volume of this rectangular prism if an edge of each cube is 1 cm?

Answers

Answer:

your answer is D. 24 cubic cm

Step-by-step explanation:

your welcome good day :)

D 24. explanation; It’s is i did

Henry is buying orange juice to make punch for a party. He can buy the juice in 32-oz cartons for $2.56 each or 48-oz cartons for $3.36 each. Which is the better value? Use the drop-down menus to explain your answer.

Answers

Answer:

the 48

Step-by-step explanation:

fairly obvious

The 48 bête kids help

Which of the following terms can be combined in this expression?

13 minus x over 5 + 6.2 y + 20.5 x minus 3 over 8 y

Negative 13 can be combined with 20.5.

6.2 y can be combined with 20.5 x.

6.2 y can be combined with Negative 3 over 8 y.

Negative x over 5 can be combined with Negative 3 over 8 y.

Answers

Given:

Consider the expression is:

[tex]13-\dfrac{x}{5}+6.2y+20.5x-\dfrac{3}{8}y[/tex]

To find:

The like terms that can be combined in this expression.

Solution:

Two terms are called like terms, if they have same variables of same degree.

We have,

[tex]13-\dfrac{x}{5}+6.2y+20.5x-\dfrac{3}{8}y[/tex]

In the given expression, the pairs of likes terms are:

Pair 1: [tex]-\dfrac{x}{5}[/tex] and [tex]20.5x[/tex]

Pair 2: [tex]6.2y[/tex] and [tex]-\dfrac{3}{8}y[/tex]

It means [tex]-\dfrac{x}{5}[/tex] can be combined with [tex]20.5x[/tex] and  [tex]6.2y[/tex] can be combined with [tex]-\dfrac{3}{8}y[/tex].

Therefore, the correct option is C.

PLEASE HELP HURYYYYYYYYY

Answers

Answer:

273 - 153.94 = 119.1 [tex]in^{2}[/tex]

Step-by-step explanation:

area of a trapezoid - area of a circle = shaded area

What is the 100th term of the sequence with a1=222 and d=-5

Answers

Answer:

--273

Step-by-step explanation:

100th term is equal a1 + 99d so

100th term = 222 + (-5×99) = -273

Find the quotient of
x3−4x2−4x+16x−2

Answers

Answer:

x^2 - 2x - 8.

Step-by-step explanation:

Using long division:

x - 2)x^3 - 4x^2 - 4x + 16( x^2 - 2x - 8 <------ Quotient

       x^3 - 2x^2

              -2x^2 - 4x

              -2x^2 + 4x

                         - 8x + 16

                          -8x + 16

                            ............

share 747 in the ratio 2:7 between Tom and Ben

Answers

Answer:

tom = 166, ben = 581

Step-by-step explanation:

2 + 7 = 9

747 ÷ 9 = 83

therefore 1 part = 83

83 x 2 = 166

83 x 7 = 581

tom has 2 parts so he has 166

ben has 7 parts so he has 581

Answer:

Tom has 166.

Ben has 581.

Step-by-step explanation:

2 + 7 = 9

747 ÷ 9 = 83

83 × 2 = 166

83 × 7 = 581

PLEASE HELP RN!! if any of you guys see this please help

Answers

Answer: A.46

Step-by-step explanation: because it jus is dawg

which tessellation uses more than one type of regular polygon?

Answers

Answer:

semi-regular tessellations

Step-by-step explanation:

find two consecutive whole numbers

Answers

Answer:

9 and 10

Step-by-step explanation:

square root of 86 is 9.2 (ish)

Which of these is an example of typing at a rate of 42 words per minute?
A typing 21 words in 2 minutes
B typing 84 words in 3 minutes
C typing 210 words in 5 minutes
D
typing 400 words in 10 minutes

Answers

C. Typing 210 words in 5 minutes.

Explanation:
42 words per minute is equivalent to 210 words in minutes:

Write the 42 wpm and 210 words in 5 mins as a ratio:
42 : 1 and 210 : 5

Multiply both sides in the ratio 42 : 1 by 5:
42 x 5 = 210
1 x 5 = 5
= 210 : 5

Therefore 210 words in 5 mins is an example of the unit rate 42 wom because it is equivalent.

Hope this helps!
-SpaceMarsh
(Brainliest pls, tysm!)

8. A warehouse 25 feet tall casts a shadow that is 15 feet long. At the same time of day, how
long is the shadow cast by an apartment building that is 90 feet?

Answers

Answer:

D

Step-by-step explanation:

Holly cuts 2 ribbons into tenths for a craft project how many 1/10 size ribbons does she have

Answers

Answer:

Holly would have 20 1/10 sized ribbons.

Step-by-step explanation:

One whole ribbon would equal out to 10, this number multiplied by 2 would be 20. Therefore meaning she should have 20 1/10 sized pieces of ribbon.

How many centimeters are there in 0.5 inches?

Answers

Answer:

1.27 centimeters

Step-by-step explanation:

brainliest??

what is the a value of the vertex form...

y = (x - 3 )^2 - 36

Answers

Answer: I'm not smart or nun but u tryna find the graph? It's (3, -36)

Step-by-step explanation:

Kinda did it-

David had 74 pennies and then lost 18. Now he wants to buy a treat that costs 2 sevenths of the pennies he has left. How many pennies does the treat cost?


HELP ASAP PLEASEEEEE!!!

Answers

Answer:

16 pennies

Step-by-step explanation:

74 - 18 = 56

56 / 7 = 8

1/7 of the pennies is 8 pennies.

2/7 of the pennies are 16 pennies.

Answer:

18 pennies

Step-by-step explanation:

74-18=56

56/7=8

8x2=16


Part A: Estindlate the solution from the graph. -
Part B: What is the equation of each line in the system? blue line: _ and red line:

Answers

Answer:

Part A

The estimated solution of the graph is (37/29, -30/29)

Part B

The equation of the blue line is y = 0.6·x - 1.8

The equation of the red line is y = (-4/3)·x + 2/3

Step-by-step explanation:

Part A

From the given graph, we have two lines, one red and one blue line, intersecting in Quadrant IV

Given that the equation of the lines are also required, we find the solution of the graph, through the equation of the lines as follows;

The points through which the blue line passes are (-2, -3), and (3, 0)

The slope of the blue line, [tex]m_b[/tex] = (0 - (-3))/(3 - (-2)) = 0.6

Therefore, we have;

y - 0 = 0.6·(x - 3)

∴ The equation of the blue line is y = 0.6·x - 1.8

The approximate points through which the red line passes are (-1, 2) and (-2.5, 4)

The slope of the red line, [tex]m_r[/tex] = (4 - 2)/((-2.5) - (-1)) = -4/3

Therefore, we have;

y - 2 = (-4/3)·(x - (-1)) = (-4/3)·x - 4/3

∴ The equation of the red line is y = (-4/3)·x - 4/3 + 2 = (-4/3)·x + 2/3

y = (-4/3)·x + 2/3

The solution for the graph is the point where the y-values are equal

Therefore, wat the solution point, y = y, and 0.6·x - 1.8 = (-4/3)·x + 2/3

0.6·x + 4/3·x  = 1.8 + 2/3

x = (1.8 + 2/3)/(0.6 + (4/3)) = 37/29 ≈ 1.28

At the solution of the graph, y = 0.6 × (37/29) - 1.8 = -30/29

Therefore, the estimated solution of the graph is (37/29, -30/29)

Part B

From the above solution of the graph, we have;

The equation of the blue line: y = 0.6·x - 1.8

The equation of the red line: y = (-4/3)·x + 2/3

Please help it's urgent!Need help quick!

Answers

Answer:

Solution

Step-by-step explanation:

Hope this helped :)

Solution makes the most sense

[tex]-a-\frac{7}{8} a[/tex]
paso a paso

Answers

Step-by-step explanation:

-a-7a/8

-8a-7a/8

-15a/8

Hope it helps you

Answer:

Step-by-step explanation:

WE have to find the least common denominator and it is 8

[tex]-a =\frac{-a*8}{1*8}=\frac{-8a}{8}\\\\-a -\frac{7}{8}a=-\frac{8}{8}a-\frac{7}{8}a\\\\=\frac{-8a-7a}{8}\\\\=\frac{-15a}{8}\\\\[/tex]

what is a three digit number for 100,10,1

Answers

Answer:

111

hope that helps!

19. Which of the following are examples of segments
from the figure?
BCD
D
CA
BAD
DA
AB
BD

Answers

Answer:

BCD

Step-by-step explanation:

You can easily find out by the points at the end of line. These points indicate that this is line segment.

help, with this question please. i’m not sure if anyone’s asked it yet.

Answers

are u taking a test Sir??

A small plastic ball has a diameter of 8 centimeters. What is the volume of the ball

Answers

Given:

Diameter of ball = 8 cm

To find:

The volume of the ball.

Solution:

We know that the radius of sphere is half of is diameter.

It is given that the the diameter of ball is 8 cm. So, the radius of the ball is:

[tex]r=\dfrac{8}{2}[/tex]

[tex]r=4[/tex]

The radius of the ball is 4 cm.

The volume of a sphere is:

[tex]V=\dfrac{4}{3}\pi r^3[/tex]

Where r is the radius of the sphere.

Putting [tex]\pi = 3.14, r=4[/tex] in the above formula, we get

[tex]V=\dfrac{4}{3}(3.14)(4)^3[/tex]

[tex]V=\dfrac{4}{3}(3.14)(64)[/tex]

[tex]V=267.946667[/tex]

[tex]V\approx 267.95[/tex]

Therefore, the volume of the ball is about 267.95.

Take away the volume of 480 from the volume of 3240 What is the answer? [PLEASE I NEEEEEEDDDDD IT NOWWWWWWWW PLEASEEEEEE

Answers

Answer: 2760

Step-by-step explanation:

Please help me, I don’t understand how I keep getting it wrong!

Answers

9514 1404 393

Answer:

  1.2 t/m³

Step-by-step explanation:

1 tonne is 1 Mg = 10⁶ g

1 m³ is (100 cm)³ = 10⁶ cm³

The conversion is ...

  (1.2 g/cm³) · (1 t)/(10⁶ g) · (10⁶ cm³)/(1 m³)

  = 1.2(10⁶)/(10⁶) t/m³

  = 1.2 t/m³

__

For this conversion, the numerical value does not change. Megagrams per cubic meter is the same ratio as grams per cubic centimeter.

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