Brianna invested $25,000 in an account paying an interest rate of 3.6% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 18 years?

Answers

Answer 1

Answer:   A≈47791.31

Step-by-step explanation:

A

=

P

(

1

+

r

n

)

n

t

A=P(1+

n

r

)

nt

Compound interest formula

P

=

25000

r

=

0.036

t

=

18

n

=

365

P=25000r=0.036t=18n=365

Given values

A

=

25000

(

1

+

0.036

365

)

365

(

18

)

A=25000(1+

365

0.036

)

365(18)

Plug in values

A

=

25000

(

1.0000986301

)

6570

A=25000(1.0000986301)

6570

Simplify

A

=

47791.3122461

A=47791.3122461

Use calculator

A

47791.31

A≈47791.31

Answer 2

The amount after 18 years will be $47,791

What is compound interest?

Compound interest simply means that the interest associated with a bank account, loan, or investment increases exponentially over time.

Given that, Brianna invested $25,000 in an account paying an interest rate of 3.6% compounded daily.

A = P(1+r/365)^n*365

A = 25000(1+0.00009863)^6570

A = 25000(1.00009863)^6570

A = 47,791

Hence, The amount after 18 years will be $47,791

For more references on compound interest, click;

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Related Questions

Substation method
3x + 4y=-22
7x+y=7

Answers

Answer:

(2, -7)

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Equality Properties

Multiplication Property of Equality Division Property of Equality Addition Property of Equality Subtract Property of Equality

Algebra I

Terms/CoefficientsSolving systems of equations using substitution/elimination

Step-by-step explanation:

Step 1: Define Systems

3x + 4y = -22

7x + y = 7

Step 2: Rewrite Systems

7x + y = 7

Subtract 7x on both sides:                    y = 7 - 7x

Step 3: Redefine Systems

3x + 4y = -22

y = 7 - 7x

Step 4: Solve for x

Substitution

Substitute in y:                        3x + 4(7 - 7x) = -22Distribute 4:                             3x + 28 - 28x = -22Combine like terms:                -25x + 28 = -22Subtract 28 on both sides:     -25x = -50Divide -25 on both sides:       x = 2

Step 5: Solve for y

Define equation:                     7x + y = 7Substitute in x:                        7(2) + y = 7Multiply:                                   14 + y = 7Subtract 14 on both sides:      y = -7

On a trip , Joel drove 24 miles more than Rita drove . Together they drove 340 miles . How many miles did Joel drive

Answers

Answer:

U didn't say how many miles Rita drove.

Solve for x!!!!!.....

Answers

X=10.5
8/6=14/x
Cross multiply
8x=84
Divide 8 to both sides
X=10.5

5. Which set of ordered pairs below represents a function? 31. {(1,1) (1,- 1) (4,2) (4, -2) (9,3)} b. {(3,4) (3,5) (3,6) (3,7) (3,8) } C. {(2,4) (3,4) (4,4, (5,4) (6,4)} d. {(1,2) (2,3) (3,4) (4,5) (4,6) }​

Answers

Answer:

C. {(2,4) (3,4) (4,4) (5,4) (6,4)} is a function.

Step-by-step explanation:

Since there is one value of  y  for every value of  x  in  {(2,4) (3,4) (4,4) (5,4) (6,4)}, this relation is a function.

Which point represents the ordered pair (-1.1,0.2)?
Point B
Point A
Point C
A
.
B
Point D
0

Answers

Answer: is point B

Step-by-step explanation:

Answer:

Step-by-step explanation:

the answer is B

pls helppppppppppp



Hayden had 2 1/2 gallons of water in his watering can. The seed packet said to use 1/4 of a gallon for peppers and 5/8 of a gallon for tomatoes. Hayden then used some of the water for lettuce. If Hayden had 3/4 gallons of water left over, about how much water did he use for lettuce?

Answers

Answer:

okkk

Step-by-step explanation:

Answer:

I'm gonna say either 3/4 or 7/8. Don't quote me on it tho?!

Step-by-step explanation:

A hot air balloon is traveling at a altitude of 2400 feet. It begins to descend at a rate of 75 per minute. What is an expression that represents the rate of descent for the hot air balloon

Answers

Answer:

y=-75x+2400

Step-by-step explanation:

y is the height

-75 is the rate of change so you put that before your x

2400 is your starting value/y intercept

not very good explanation but hope this helps

Three friends went to the batting cage. Cameron made 36 hits, Austin made 14 hits, and Jordan made 24 hits. How many hits did the three make in all?
A.
60
B.
50
C.
38
D.
74

Answers

Answer:

36+14+24=74

Step-by-step explanation:

How i figured it out is if you add 36+14 that equals 50 and 50+24=74

that is your answer.

hope this helps;)

Does anyone know the answer to these?? Please answer quickly and please don’t joke around .

Answers

they are already simplified what is the question

The value of n is a distance of 1.5 units from -2 on a number line. Click on the number line to show the possible values of n. -5 - 4 -3 -2 -1 0 1 2 3 4 5​

Answers

Answer:

Its Going to be -4

Step-by-step explanation:

MARKING BRAINLIST!!! In a couplet one statement is _____ and one is ______
A. Agreeing and rejecting
B. Deciding and Acting
C. Informing and Agreeing

Answers

Deciding and Acting.

A couplet can have an open sentence which is the deciding and the closing sentence being the acting.

Use exponents to write each expression.
6 x 6 x 6 =

Answers

Answer:

6×6×6 = 6³

Step-by-step explanation:

Answer:

6 x 6 x 6 = 216 I believe that's right

Does anyone know how to work this out

Answers

let x represent yellow cubes

blue cubes = 3x

green cubes = 15x

to make this simpler let's just say x = 1

so 1 yellow cube 3 blue cubes and 15 green cubes

so there are 19 cubes in total

1 of them are yellow

so she has a 1/19 chance of picking a yellow cube

Answer:

1/19

Step-by-step explanation:

y = number of yellow cubes

3y = number of blue cubes

5(3y) = number of green cubes

total number of cubes = 19

P(yellow) = 1/19

please answer this 4 me , 50 points <3

Answers

The answers are - 5x+8y and 5(4)+2(8)=36
Explanation
To solve the equation, you would substitute x and y for 5 and 8.
-Ex: 5(4)+8(2)=36
The numbers in the parentheses get multiplied by the numbers on the outside. Making ‘5(4)’=20 and ‘8(2)’=16
So 5(4)+8(2)=36

х²+хy-2y²=0
ху+x-y=1​

Answers

Answer:

I think if you use the differentiate formula then it will work

Which is the better value?

A. 6 ounces of hot Cheetos for $2.16
B. 10 ounces of hot Cheetos for $2.70

Answers

A. 6 ounces of hot cheetos

Answer:

B

Step-by-step explanation:

2.16/6 = 0.36 cents per 1 ounce

2.70/10 = 0.27 center per 1 ounce

Therefore B. 10 ounces of hot Cheetos for $2.70

estimate and find the quotion in 281 divided by 9

Answers

300 divided by 10
Answer is 30


Select the correct answer.
In which table does y vary directly with x?

Answers

Answer:

Option C.

Step-by-step explanation:

y and x have a Direct variation if the function looks looks like y = mx (b is equal to zero). The only option that can be written like that is option C. And it can be written as

y = 26x

(-3, 11) a solution to the systems of equations: x – 3y = -36 and 3x + 4y = 48
true or false

Answers

Answer:

TRUE and FALSE  (please look at step-by-step)

Step-by-step explanation:

How to know if it's true or false, you just simply plug in the given numbers to the x and y values.

x = -3

y = 11

for the x - 3y = -36 equation:

-3 -3(11) = -36

-3 - 33 = -36

This equation is true.

for the 3x + 4y = 48 equation:

3(-3) + 4(11) = 48

-9 + 44 = 35

This equation is false.

This equation is false

For trapezoid JKLM A and B are midpoints of the legs. Find AB.
19
B
M
L
27
C.
23
a
h
35
46

Answers

I think that the answer is c

The difference of two number is 3. Their sum is 13. Write and alive a system of equations to help find the numbers

Answers

The numbers are 8 and 5.
8+5=13
8-5=3

Describe the possible lengths of the third side of the triangle if the lengths of the other two sides are 11 feet and 18 feet.

Answers

Answer: [tex]6ft < x < 30ft[/tex]

6ft is less then x and x is less then 30ft

Step-by-step explanation:

The possible length of the third side is 7 < x < 29.

What is a Triangle?

Polygon which has three sides and three vertices are called a triangle.

The sum of all the angles of the triangle is 180°.

Given:

The lengths of the other two sides of a triangle are 11 feet and 18 feet.

Let the third side's length is x feet.

The sum of the two sides of the triangle is always greater than the length of the third side of the triangle.

That means,

18 + 11 > x.

And 11 + x > 18.

So, we have a possible choice,

11 + 18 < x

Simplifying,

29 < x.

Arranging in better terms,

x > 29.

Another possible choice,

18 -11 < x

7 < x

Combining both inequalities,

we get,

7 < x < 29.

Therefore, 7 < x < 29.

To learn more about the triangle;

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Find the value of x.

Answers

Answer:

110 degrees

Step-by-step explanation:

The sum of all the interior angles of a polygon is always equal to 180(n-2) where n is the number of sides. In this figure, there are 7 sides. This means that the sum of all the interior angles is 180(7-2) = 180 * 5 = 900.

Now, add up all the angles that you know and subtract that from 900 to find the value of x.

900 - (105 + 150 + 140 + 135 + 125 + 135) = 900 - 790 = 110 degrees

110 degrees ^^^^^^^^^

help me solve please

Answers

Answer:

x=78; x=56

Step-by-step explanation:

For the first question we know that the angle is 180 degrees, that means the two angles inside of it have to add up to 180:

102+x=180

Subtract 102 from both sides:

x=78

For the second question we know that the angle is 90 degrees, meaning that the two angles on the inside have to add up to 90:

34+x=90

Subtract 34 from both sides:

x=56

Find each function value f(-7) if f(x) = 3x + 6

Answers

Answer:

-15

Step-by-step explanation:

3*-7=-21+6=-15

Answer:

Step-by-step explanation:

first multiply -7 and 3 since -7 is the element of the function (x)

then you should get (-21)

now add 6 and you answer should be (-15)

y = 5x + 14
what is the CROC (Constant Rate Of Change)?
and how do you know. (please help i've been stuck on this for about an hours now :,). )

Answers

Answer:

The answer is 5.

Step-by-step explanation:

Well if you were to graph this equation you'll see that the rise over run would be 5/1 which simplifies to 5.

Some number was divided into 42. This quotient was then multiplied by 8,after which the resulting product was added to 10. Given this sum totalled to 34,find the initial number.

Answers

Answer:

126

Step-by-step explanation:

In order to find the initial number, we need to create the expression that is being mentioned and solve for the initial value by applying the opposite expressions to isolate the variable.

(((x / 42) * 8) + 10) = 34   ... subtract 10 from both sides

((x / 42) * 8) = 24 ... divide both sides by 8

(x / 42) = 3  ... multiply both sides by 42

x = 126

Finally, we can see that the initial value was 126


Write the equation of the line pleaseeee

Answers

Answer:

y = 2/3x -1

Step-by-step explanation:

y intersect is -1 as that's where the line passes the y axis

the slope can be found by finding two points and using the slope formula (y-y)/(x-x)

A vegetarian restaurant used 6,680 ounces of spinach last month. This month, with a menu update, it used 10% more than that amount. How much spinach did the restaurant use this month?

Answers

Answer:

what subjet is this

Step-by-step explanation:

Identify the correct corresponding parts

Answers

Answer:

The correct corresponding part is;

[tex]\overline {CB}[/tex] ≅ [tex]\overline {CD}[/tex]

Step-by-step explanation:

The information given symbolically in the diagram are;

ΔCAB is congruent to ΔCED (ΔCAB ≅ ΔCED)

Segment [tex]\overline {CA}[/tex] is congruent to [tex]\overline {CE}[/tex] ( [tex]\overline {CA}[/tex] ≅ [tex]\overline {CE}[/tex])

Segment [tex]\overline {CB}[/tex] is congruent to [tex]\overline {CD}[/tex] ( [tex]\overline {CB}[/tex] ≅ [tex]\overline {CD}[/tex])

From which, we have;

∠A ≅ ∠E by Congruent Parts of Congruent Triangles are Congruent (CPCTC)

∠B ≅ ∠D by CPCTC

Segment [tex]\overline {AB}[/tex] is congruent to [tex]\overline {DE}[/tex] ([tex]\overline {AB}[/tex] ≅ [tex]\overline {DE}[/tex]) by CPCTC

Segment [tex]\overline {AE}[/tex] bisects [tex]\overline {BD}[/tex]

Segment [tex]\overline {BD}[/tex] bisects [tex]\overline {AE}[/tex]

Therefore, the correct option is [tex]\overline {CB}[/tex] ≅ [tex]\overline {CD}[/tex]

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