Maria had $3,500 and invested it into an account with an annual
interest rate of 1.2%. If her investment were compounded monthly,
write an eqaution to find the value of her investment after t years.

Answers

Answer 1

Answer:

FV= $3,716.32

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $3,500

Interest rate (i)= 1.2% compounded monthly

First, we need to determine the monthly nominal interest rate:

Monthly interest rate= 0.012/12= 0.001

Now, to calculate the future value after 't' months, we need to use the following formula:

FV= PV*(1 + i)^t

For example, for 60 months:

FV= 3,500*(1.001^60)

FV= $3,716.32


Related Questions

In order to move in to a rental house, Sky and Max must pay a deposit of $1,500. At the end of one year, Sky and Max have spent a total of $11,280 on their rental costs. How much did they pay for their monthly rent payment? a. $750 b. $815 c. $940 d. $1,065 Please select the best answer from the choices provided A B C D

Answers

Answer:

It would be B. 815.

Step-by-step explanation:

Answer:

B

Step-by-step explanation:

On edge

Mariana's recipe calls for 2 cups of sugar to make 12 cupcakes. Which ratio of cups of sugar to cupcakes is equivalent to Mariana's recipe?

Answers

Answer:

2:12

Step-by-step explanation:

The ratio of cups of sugar to cupcakes is equivalent to 1:6.

Given that Mariana's recipe calls for 2 cups of sugar to make 12 cupcakes.

What is the ratio?

The ratio is the comparison of two quantities. It is generally represented by a fraction.

2 cups of sugar: 12 cupcakes = 2:12

2:12 = 2/12 =1/6 =1:6

So, the ratio of cups of sugar to cupcakes is equivalent to 1:6.

Therefore, the ratio of cups of sugar to cupcakes is equivalent to 1:6.

To get more about ratios visit:

https://brainly.com/question/2328454

what is the answer
Move the correct number to the first box to show the answer. Then, move numbers to the other boxes to explain the answer.

Answers

Answer:

[tex]\frac{1}{4} * 3 = \frac{3}{4}[/tex]

Because:

[tex]\frac{1}{4} * 3 = \frac{1}{4} +\frac{1}{4} + \frac{1}{4}[/tex]

Step-by-step explanation:

Given

[tex]\frac{1}{4} * 3 = [\ ][/tex]

Because

[tex]\frac{1}{4} * 3 = [\ ] + [\ ] + [\ ][/tex]

Required

Fill in the box

[tex]\frac{1}{4} * 3 = [\ ][/tex]

This can be written as:

[tex]\frac{1}{4} * 3 = \frac{1* 3 }{4}[/tex]

Solve the numerator

[tex]\frac{1}{4} * 3 = \frac{3}{4}[/tex]

(b) Because

[tex]\frac{1}{4} * 3 = [\ ] + [\ ] + [\ ][/tex]

The above implies that

[tex]\frac{1}{4}[/tex] be added in 3 places

i.e.

[tex]\frac{1}{4} * 3 = \frac{1}{4} +\frac{1}{4} + \frac{1}{4}[/tex]

what is 9/-2 as an equivalent fraction

Answers

Answer:

18/-4 as equivalent fraction there are many others

John gets his first job working at an ice cream shop because he loves ice cream. He gets paid $9 per hour. Create a table to demonstrate how much money John will make from 0 - 6 hours. Let x equal the number of hours worked, and let y equal the amount of money that he will make. Then, create a graph with your results.​

Answers

Answer:

1hr: $9

2hr: $18

3hr: $27

4hr: $36

5hr: $45

6hr: $54

Step-by-step explanation:

You can use Desmos, the graphing calculator (online tool)  

John is 3 years older than Susan and khalid is 5 years younger than her . The sum of their ages is 40 .
Find their ages.

Answers

Answer:

John is 17,

Susan is 14,

and Khalid is 9.

Step-by-step explanation:

a = John's age

b = Susan's age

c = Khalid's age

Let's set our rules from the given information.

a = b + 3

c = b - 5

a + b + c = 40

Now, we can solve for b through substitution.

(b + 3) + b + (b - 5) = 40

3b - 2 = 40

3b = 42

b = 14

So, now that we have Susan's age, we can follow the rules and see if it holds.

17 + 14 + 9 = 40 Viola!

Brand A and brand B of frozen green beans both list a weight of 32 ounces on their bags. Because of variability in the manufacturing process, the bags often contain slightly more, or less, than 32 ounces of green beans. An inspector takes a random sample of 25 bags of green beans of each type and records their weights. The weights and their relative frequencies are summarized in the histograms. 2 histograms comparing brand A and brand B of green beans. The median weight for brand B is less than the median weight of brand A. Which of the following is a true statement when comparing the bags of green beans? The median weight for both types is between 32.1 and 32.2 ounces. The median weight for both types is between 32.0 and 32.1 ounces. The median weight for brand B is less than the median weight of brand A. The median weight for brand B is greater than the median weight of brand A.

Answers

Answer:

The answer is: B.)32.0–32.1 ounces

Step-by-step explanation:

Got it right on my test

The true statement is The median weight for both types is between 32.0 and 32.1 ounces.

What is data?

Data is referred to as a collection of information gathered by observations, measurements, research, or analysis. It may comprise facts, figures, numbers, names, or even general descriptions of things. Data can be organized in the form of graphs, charts, or tables for ease in our study.

Given:

Brand A and brand B of frozen green beans both list a weight of 32 ounces on their bags.

The median weight for brand B is less than the median weight of brand A.

So, if both brands weigh 32 ounces then the median weight for both types is between 32.0 and 32.1 ounces.

Learn more about data here:

https://brainly.com/question/10980404

#SPJ6

Evaluate 12 ÷ 2 × 6.

Answers

division first
12 over 2 x 6
= 6 x 6
= 36

Answer:

[tex]36[/tex]

Step-by-step explanation:

1) Simplify 12 ÷ 2 to 6.

[tex]6 \times 6[/tex]

2) Simplify.

[tex]36[/tex]

therefor, the answer is 36.

1. −5tan 2 θ+3=8tanθ+6
2. 2cosθ-3=5cosθ-5

Answers

Answer

(tan x + 3)=5

Step-by-step explanation:

Please help this is due today.

Answers

Answer:

[tex]b = 90[/tex]

[tex]c=80[/tex]

[tex]d =100[/tex]

Step-by-step explanation:

Given

See attachment

Required

Find b, c and d

First, we solve for b using:

[tex]b + 10 + b - 10 = 180[/tex] --- base angles of a parallelogram

Collect like terms

[tex]b + b =180+10-10[/tex]

[tex]2b = 180[/tex]

Solve for b

[tex]b = 180/2[/tex]

[tex]b = 90[/tex]

Then, we have:

[tex]d =b + 10[/tex]

[tex]c = b - 10[/tex] --- opposite angles

So, we have:

[tex]d =90 + 10[/tex]

[tex]d =100[/tex]

[tex]c = 90 - 10[/tex]

[tex]c=80[/tex]

The bar graph shows a company’s income and expenses over the last 5 years. Which statement is supported by the information in the graph?

A) The income in Year 5 was twice the income in Year 1
B) The combined expenses in Years 3 and 4 were more than the combined income in Years 3 and 4
C) Expenses have increased each year over the last 5 years
D) The combined income in Years 1, 2, and 3 was equal to the combined expenses in Years 1, 2, and 3

Answers

Answer:

B

Step-by-step explanation:

Kinda hard to explain but I'm pretty sure it's B

The diameter of a circular plate is 12 inches. What is the area of the plate? Round your answer to the nearest tenth of a square inch.

Answers

Answer:

Plate Area = PI * radius^2

Plate Area = 3.14159 * 6 * 6

Plate Area = 113.09724  square inches

Plate Area = 113.1 square inches (rounded)

Step-by-step explanation:

Consider the function g(x) = StartLayout Enlarged left-brace first row negative 9, x less-than 11 second row 7, x greater-than-or-equal-to 11 EndLayout.

What is Limit of g (x) as x approaches 11, if it exists?

–9
–1
7
DNE

Answers

The limit as g(x) approaches 11 doesn't exist.

[tex]\lim_{x \to 11} g(x) = DNE[/tex]

It looks like you are working with the following piecewise defined function:

[tex]g(x)=\left \{ {{-9;x<11} \atop {7;x\geq11}} \right.[/tex]

There is a rule in calculus that tells us that for a limit to exist, both lateral limits must be the same as x approaches a given value. This is:

[tex]\lim_{x \to a^{-}} f(x)=\lim_{x \to a^{+}} f(x)[/tex]

if and only if this is true, then:

[tex]\lim_{x \to a^{-}} f(x)=\lim_{x \to a^{+}} f(x)=\lim_{x \to a} f(x)[/tex]

if that condition isn't met, then the limit doesn't exist.

So let's calculate the lateral limits for this function:

[tex]\lim_{x \to 11^{-}} g(x) = -9[/tex]

This means that as x approaches 11 from the left, the function will return a value close to -9

Now, let's calculate the lateral limits for this function:

[tex]\lim_{x \to 11^{+}} g(x) = 7[/tex]

This means that as x approaches 11 from the right, the function will return a value close to 7

You can better visualize this in the graph of the function which I attached to this answer.

Notice that both lateral limits are different, from the left you got a -9 and from the right you got a 7. Therefore, according to the rule I wrote above, the limit does not exist.

For more information on this topic, you can go to the following link:

https://brainly.com/question/17334531?referrer=searchResults

Answer:

D) DNE

Step-by-step explanation:

edge 2021

The uniform cross section of a cabin storage compartment on a jet plane is a sector of a circle with radius 55cm, and angle Ө c . The container is 96 cm wide. The volume of the container is 0.2178 m3. What is the angle Өc?

Answers

Answer:

I don't recognize this problem, please make sure the input is complete.

Step-by-step explanation:

sry

Simplify the Expression and EXPLAIN what you did and WHY.

-3(4m+3)+2m

Answers

Answer:

-10m-9

Step-by-step explanation:

open the bracket by multiplication

-3 × 4m= -12m

-3 × 3= - 9

-12m - 9 +2m

arrange like terms together

-12m +2m -9

-10m -9

Kepa has the flu, and he is concerned that he will not pass the mathematics exam. If the following three statements are true, will Kepa pass the exam?
i) Kepa will not fail the mathematics exam if he finishes his computer program.
ii) If he goes to the theatre, he does not have the flu.
iii) If he does not go to the theatre, he will finish his computer program

Answers

Answer:

Yes

Step-by-step explanation:

II is already false because Kepa can only go to the theatre if he doesn't have the flu. However, he does, so he cannot go. Then, if Kepa cannot go to the theatre, he will have to finish his computer program. Lastly, if the computer program is finished, Kepa will at least pass the exam.

Answer:

yes, if the computer program he will pass. he shouldn't go to the theatre if he has the flu or not cause hes been sick either way.

Pls help ASAP PLSSSS!!!

Answers

Answer:

D

Step-by-step explanation:

225 is the closest to point (200, 200)

Answer:

c

Step-by-step explanation:

trust

How can you Divide the number 30 into 4 equal parts? Or can you?

Answers

Answer:

7.5

Step-by-step explanation:

thirty divided by 4 is 7.5 or 7 1/2

Answer:

That might be possible though.

Step-by-step explanation:

If you divide 30 by 7.5, you'll get 4. With any other number, you'll get 3,10,6,5,1, and 30. If you use a decimal, it might be possible it'll give you the answer you wanted.

Referring to the figure, find the volume of the solid shown. Round to the nearest whole number. Will mark brainliest...

Answers

Answer:

648

Step-by-step explanation:

FInd volume of bottom half (9x6x12)

find voume of pyramid 1/3Bh 1/3(11)(54)

Pls help me, is for my gf

Answers

Answer:

tell ur gf good luck because what this is

also no hablo español

Answer:

x-bar, the average between all the values, x1+x2+x3/3

Another area and perimeter question!!!
Pls helppppp

Answers

Answer:

D. 62 inches

Step-by-step explanation:

the object is symmetrical across z, so the lengths on the other side will be the same as x and y

the perimeter would just be 2x + 2y = 2(12) + 2(19) = 62 inches

An item has a listed price of $45. If the sales tax rate is 3%, how much is the sales tax (in dollars)?

Answers

Answer:

1.35

Step-by-step explanation:

45 x .03

Answer please which number line shows 1/3 and it’s opposite

Answers

Answer:

D

Step-by-step explanation:

the first of three parts is what 1/3 is

Please help I'll mark you as brainiest

Answers

The answer is going to be B

10% of $200,000 = $20,000

The answer is B
200000(10%)= 20,000

Need help ASAP!!!
Solve for the missing angle.

Answers

Answer:

D 56

Step-by-step explanation:

cos x = 5/9

x = 56°

have a great day

WILL GIVE BRAINLIEST AND 40 POINTS TO CORRECT ANSWER (URGENT)

chef daniels places her favorite recipes in a bag for 4 pasta dishes, 5 casseroles, 3 types of chili, and 8 desserts. If Chef Daniel chooses two recipes at random (but replaces the first one before drawing the second), what is the probability that the first recipe she selects is a casserole and the second recipe she selects is a dessert?

Answers

Answer:

Hi

Step-by-step explanation:

I have the same question, did you figure it out?

Divide £104 in the ratio 3:5

Answers

Answer:

39:65

Step-by-step explanation:

104/(3+5) = 104/8 = 13    13(3):13(5) =  39:65

Which if the shaded regions below represents 3/5 of the whole circle

Answers

I believe that the answer is B because it is just over halfway!

Answer:B

Step-by-step explanation: i have the same test

Plz help this if you want points

Answers

Answer:

First Question:

A) -15+20x B) 36x+28

Second Question:

-10/5, 1/25, 1/2, 3/5, 5/8

You toss a coin 15 times. P( heads) 2/5=

Answers

The answer is

2/5 = 0.4

Because

2/5 2 divide 5 = 0.4
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