Nigerian Savings Bank pays interest at 9½% per annum compounded yearly. What is the amount if a person saves:
a N 5000 for 2 years
b N10 000 for 4 years
c N28 000 for 3 years?​

Answers

Answer 1

Answer:

  a) N5995.13

  b) N14376.61

  c) N36762.11

Step-by-step explanation:

For repetitive calculations, I like to use a spreadsheet or graphing calculator. __

The formula for the amount is ...

  A = P(1 +r)^t . . . . . . where principal P is invested for t years at rate r compounded annually

a)

The principal being invested is P = 5000. The interest rate is r = 9.5% = 0.095, and the time is t = 2 years. Putting these values into the formula gives ...

  A = 5000(1 +0.095)^2

  = 5000(1.199025) = 5995.125

This rounds to an account balance after 2 years of N5995.13.

The calculations for the other amounts and time periods are done the same way, but for different values of P and t. You can do these calculations by hand, but it is generally much easier to use a calculator, spreadsheet, or other tool.

The attachment shows use of a tool that lets a function be defined that takes P and t as arguments. It is shown as being evaluated for the different values of P and t in this problem.

b)

  A = N10,000(1 +0.095)^4 = N10,000(1.43766095) = N14376.6095

This rounds to an account balance after 4 years of N14376.61.

c)

  A = N28000(1.095)^3 ≈ N36762.11

Nigerian Savings Bank Pays Interest At 9% Per Annum Compounded Yearly. What Is The Amount If A Person

Related Questions

(9x - 8 ) + (x + 10)+(x+2)

Answers

Answer: 11x+4

(simplify?)

Step-by-step explanation:

Remove parentheses.

9x−8+x+10+x+2

Add 9x and x

10x−8+10+x+2

Add 10x and x.

11x−8+10+2

Add −8 and 10.

11x+2+2

Add 2 and 2.

11x+4

Step-by-step-explanation:

Evaluate:

[tex]9x - 8 + x + 10 + x + 2[/tex]

Add the first two terms:

[tex]10 + 2 + x + 2[/tex]

Evaluate:

[tex]10x + x + 2 + 2[/tex]

Add the terms:

[tex]11x + 2 + 2[/tex]

Solution:

[tex]11x + 4[/tex]

ANSWER:

[tex]11x + 4[/tex]

HELP WITH THIS PLS :)0000

Answers

Answer:

5 to 1 power

Step-by-step explanation:

Answer:

5^(15) or 5 to the 15th power

Step-by-step explanation:

When simplified, both equal to 305175..

Dante runs 7 miles in 60 minutes. At the same rate, how many miles would he run in 24 minutes?

Answers

Answer: 2.8 miles

Step-by-step:

We can write it in the proportion [tex]\frac{7}{60} = \frac{x}{24}[/tex]

where x is our number of miles trying to find

We now cross multiply or use the butterfly method which I will demonstrate both

Cross Multiply

We multiply the numerator with the dominator

so [tex]7 multiplied by 24[/tex]

and [tex]60 multiplied by x[/tex]

[tex]7*24=60x[/tex]

[tex]168=60x[/tex]

[tex]\frac{168}{60} =\frac{60x}{60}[/tex]

[tex]2.8=x[/tex] or [tex]x=2.8[/tex]

Now for the

Butterfly Method

You would do 7 times 24 divided by 60 or [tex]\frac{7*24}{60}[/tex]

Then[tex]\frac{168}{60}[/tex] simplify

[tex]2.8[/tex] so 2.8 miles in either method

What is the quotient of 8×10 to the 20/4÷2×10 to the 18th in scientific notation

Answers

Step-by-step explanation:

[tex] = \frac{8 \times {10}^{24} }{ 2\times {10}^{18} } [/tex]

[tex] = \frac{8}{2} \times {10}^{24 - 18} [/tex]

[tex] = 4 \times {10}^{6} [/tex]

[tex] \: [/tex]

[tex] \frac{8 \times {10}^{24} }{2 \times {10}^{18} } = 4 \times {10}^{6} [/tex]

Answer:

[tex] \sf \frac{8 \times {10}^{24} }{2 \times {10}^{18} } = ... \times {10}^{?} [/tex]

[tex] \sf (8 \div 2) \times {10}^{(24 - 18)} =... \times {10}^{?} [/tex]

[tex] \sf4 \times {10}^{6} = ... \times {10}^{?} [/tex]

[tex]↪4 \times {10}^{6} [/tex]

Eli is deciding between two different movie streaming sites to subscribe to. Plan A costs $14 per month plus $2 per movie watched. Plan B costs $10 per month plus $3 per movie watched. Let A represent the monthly cost of Plan A if Eli watches xx per month, and let B represent the monthly cost of Plan B if Eli watches xx movies per month. Graph each function and determine the interval of movies watched, x,x, for which Plan A is cheaper than Plan B.

put it on a graph

Answers

Hope this helps I really tried

By analyzing the graph, we can see that plan B is cheaper for the interval [0, 4), while plan A is better if you look 4 or more movies per month.

How to get the cost equations?

We know that plan A costs $14 per month plus $2 per movie, so if you watch x movies, the cost is:

C₁(x) = $14 + $2*x

Plan B costs $10 per month plus $3 per movie, so if you watch x movies, the cost is:

C₂(x) = $10 + $3*x

Now to compare the costs, you can see the graph at the end. Where C₂(x) is the blue line, and C₁(x) is the green line.

In the graph, you can see that between x = 0 and x = 4, the blue line is below the green one. So, in the interval [0, 4) plan B is cheaper.

While for x > 4, the green line is below the blue one, so for x > 4 you should choose plan A.

If you want to learn more about linear equations, you can read:

https://brainly.com/question/4074386

La función de costos para una compañía es C=125q + 13500 y su punto de equilibrio es q=270. Plantear la función de Utilidad

Answers

Based on the information given, the total cost incurred based on the equation given as C= 125q + 13500 will be 47250.

From the information given, the cost function is given as C=125q + 13500 while the value of q is given as 270. Therefore, on order to find the cost, we'll slot in the value of q into the equation given. This will be:

C=125q + 13500

C = 125(270) + 13500

C = 33750 + 13500

C = 47250

In conclusion, the cost is 47250.

Read related link on:

https://brainly.com/question/25441033

Help pls . Thank you

Answers

For the first one:

The angle is tan^-1 (-9/2)

From this, you can find the base of the triangle with height 54 in. Then, you can find the base of the triangle with base 74 in. Then you subtract the base of the triangle with height 54 in from the base of the triangle with height 74 in to get x.

Question 2 (Essay Worth 10 points)
(07.02 MC)
An equation is shown below:
3(2x - 7) = 3
Part A: How many solutions does this equation have? (4 points)
Part B: What are the solutions to this equation? Show your work. (6 points)
ses
GE
22 23
Source
VG
B I
US
IX
SE
E
Styles
Format

Answers

Answer:

Part A: 1 solution

Part B:

3(2x-7)=3

6x-21=3

  +21  +21

6x=24

/6    /6

x=4

X=24

Step-by-step explanation:

First you distribute 3(2x-7)=3 to 6x-21=3. Next you do inverse operations by adding 21 to both sides of the equation to get 6x=24. Finally you divide both sides by 6 to get x=4

help me!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
what is the value of X?

Answers

Check the picture below.

Theresa Morgan, a chemist, has a 30% hydrochloric acid solution and a 55% hydrochloric acid solution. How many liters of each should she mix to get 437.5 liters of a hydrochloric acid solution with a 45% acid concentration?

Answers

Answer:

Step-by-step explanation:

30F + 55S = 45(437.5)

30F + 55S = 19687.5

30F = 19687.5 - 55S

F = (19687.5 - 55S) / 30

30((19687.5 - 55S) / 30) + 55S = 19687.5

S = 0 (30%)

F = (19687.5 - 55S) / 30 (55%)

Ava bought a new computer and is now
$249 in debt. How much money does
Ava have?
What does $0 represent in this problem?

Answers

Answer:

If Ava is in Debt she will have 0 dollars. 0 represents how much money Ava has. Hope this helps!

Step-by-step explanation:

0 dollars. Have a good day.

1. find the mean of three numbers x, y and z,
a.express x in terms of а, y and z
b find x when a=5, y=2 and z=1
3. y x varies directly as y and inversely as z and x 27, y =9 and z =2​

Answers

Answer:

i dont know

Step-by-step explanation:

multiply
1 1/2 x 1 1/4=______

Answers

Answer:

121/8

Step-by-step explanation:

Simply Multiply.

Harry is paid £8.60 per hour for the first 30 hours he works each week. After 30 hours he is paid 1 and a half times the hourly rate.

Last week Harry worked 33 hours. He was also paid a bonus of 1/10 of his earnings

Calculate how much in total Harry was paid last week

Answers

Answer:

1404.81

Step-by-step explanation:

1277.1 +127.71 =  i read it wrong the first time sorry

The total amount paid to harry in past week, is 299.28.

What is amount?

Amount is the sum or the total value.

For example, if A purchase 2 kg rice at the price of 40 rs/kg, the amount will be 40×2= 80 rs.

Given that,

The amount paid to Harry for 1 hour = $8.60

Since, Harry worked for 33 hours,

So, The amount paid to Harry for 33 hours = 8.60×33=283.8

Harry gets half times more amount than hourly rate and also gets bonus for last 3 days

So for last 3 days the extra amount paid to Harry

= 3×1/2×8.60+3×1/10×8.60

= 12.9+2.58

=15.48

So the total amount paid to harry = 283.8+15.48=299.28

To know more about amount on :

https://brainly.com/question/28244711

#SPJ2

Help plzdsadsadsadsdsa

Answers

Answer:

Step-by-step explanation:

9b²c² = (3bc)²

100m²n⁶ = (10mn³)²

I hope I've helped you.

Find the surface area. Enter the exact answer in simplest form.

Answers

Answer:

  3024π square inches

Step-by-step explanation:

The surface area is the sum of ...

lateral area of the conelateral area of the cylinderarea of the circular base

The relevant area formulas are ...

  A = πrs . . . . . lateral area of cone with radius r and slant height s

  A = 2πrh . . . . lateral area of cylinder with radius r and height h

  A = πr² . . . . . area of a circle of radius r

The radius is half the diameter, so is (36 in)/2 = 18 in. When we add up these areas, we can factor out a common factor to simplify the expression a bit.

  A = πrs +2πrh +πr²

  A = πr(s +2h +r) = π(18 in)(30 in +2(60 in) +18 in) = π(18)(168) in²

  A = 3024π in² . . . . surface area

Check the picture below.

so, to get the area of the object, we'll use the lateral area of a cone with a height of 30 and a radius of 18, and the lateral area of a cylinder with height of 60 and radius of 18, and sum those two up.

[tex]\stackrel{\textit{lateral area of a cone}}{\pi r\sqrt{r^2+h^2}}\implies \pi 18\sqrt{18^2+30^2}\implies 108\pi \sqrt{34} \\\\\\ \stackrel{\textit{lateral area of a cylinder}}{2\pi rh\implies 2\pi (18)(60)}\implies 2160\pi[/tex]

[tex]\stackrel{\textit{area of the bottom circle of the cylinder}}{\pi r^2\implies \pi 18^2\implies 324\pi } \\\\[-0.35em] ~\dotfill\\\\ \stackrel{\textit{total area of the shape}}{108\pi \sqrt{34}+2160\pi +324\pi ~~\approx~~9782.1115~~\implies ~~\stackrel{\textit{rounded up}}{\boxed{9782~~in^2}}}[/tex]12

What is 2(5-3x)+(x-10)

Answers

Answer:

-5x

Step-by-step explanation:

-5x

step to step explaination:

2(5-3x)+(x-10)

=10-6x+x-10

=10-10-6x+x

= -5x

PLEASE MARK MY ANSWER AS BRAINLIEST.

3) Can anyone help me with this?

Answers

Answer:

The answer is A.

Step-by-step explanation:

Can I have brainiest?

what is the expression for 6 times the sum of y and 11

Answers

Answer:

6y+66

Step-by-step explanation:

The pumps will turn off when the volume in the tank hits 10,000 gallons. To the nearest minutes after how long does this happen

Answers

Answer:

150 minutes

Step-by-step explanation:

Perpendicular Bisector Theorem

Answers

A perpendicular bisector of a line segment is a line which divides the line segment into two equal parts. So here, PS = PQ

=》 PS = 3a

=》 PQ = a + 16

PS = PQ

3a = a + 16

3a - a = 16

2a = 16

a = 16/2

a = 8.

_______

RainbowSalt2222 ☔

(2a-1/3) / b/15 when a=-3/5 and b=-6.75

Answers

Answer:

4.148148149

Step-by-step explanation:

that's the answer

Step-by-step explanation:

2a-1/3 / b/15

[tex](2 \times \frac{ - 3}{5 } ) \div \frac{ - 6.75}{15} \\ = \frac{ - 6}{5} \times \frac{15}{ - 6.75} \\ = \frac{18}{6.75} [/tex]

A machine packs 180 boxes of cereal in a half-hour. It takes 55 minutes to pack 330 boxes. True or False?

Answers

Answer:

True

Step-by-step explanation:

If you divide 180 by 30 you will get 6. then 6 times 5 is 30. If you add 30 to 330 you will get 360. If you take 180 boxes for 30minutes and double. You get 360 boxes in 60minutes. If 5 minutes is 30 boxes. Subtract 30 from 360 and you get 330 in 55 minutes.

1 2/3 divided by 2 3/4

Answers

Answer:

20 / 33

Step-by-step explanation:

Brianlyest plz

PleaseHelp! Easy math

Answers

1. X=18
2. X=5
3. 5/2
4. X=15

Answer:

1.x=12

6/12 divided by 3 for both denominator and numerator

2. x=5

2/10 divided by 3 for both denominator and numerator

5. x=60

60/100 divided by 20 for both denominator and numerator

Find out #3 for yourself

Step-by-step explanation:

dana starts biking the 2 miles from her home at a speed of 12 mph. 2 minutes later, her brother leaves the house. What should his minimum biking speed be if he wants to get to school no later than his sister?

Answers

Answer:

15 miles per hour

Step-by-step explanation:

12 miles per hour / 60 mins = 0.2 miles per minute

0.2 mpm * 10 mins = 2 miles (it takes her 10 mins to travel 2 miles)

at to 2 minutes shes already 0.4 miles ahead of her brother.

he will have to travel to school in 8 mins to arrive at the same time as his sister so his speed will have to be x*8= 2 so x=2/8 or 0.25 so his speed will have to 0.25 mpm so 0.25*60= 15

his speed should be 15 miles per hour

QUESTION
arning Page
The length of a rectangle is 3 m less than twice the width, and the area of the rectangle is 65 m². Find the dimensions of the rectangle.

Answers

Answer:

width: 6.5 mlength: 10 m

Step-by-step explanation:

Let w represent the width of the rectangle in meters. Then (2w-3) is the length. The area is the product of length and width:

  A = LW

  65 = (2w-3)(w)

  2w² -3w -65 = 0

  (2w -13)(w +5) = 0 . . . . . . . factor

  w = 6.5 . . . . . . . . the positive solution

  2(6.5) -3 = 10 . . . the length of the rectangle

The width of the rectangle is 6.5 meters; the length is 10 meters.

Which one of the following statements about fractions is correct?
Question 9 options:

1/3 is an improper fraction.

9/7 is a proper fraction.

5/16 is a mixed number.

4/4 is equal to 1.

Answers

Answer:

4/4 is equal to 1 is the only one that's correct

Step-by-step explanation:

Answer:

4/4 and 1/3 are the correct statements

1. A variable whose value cannot be predicted or set with certainty is a:_____.
a. discrete variable
b. random variable
c. realistic variable
d. simulation variable
2. If chance or uncertainty is present in a system then there is an element of ____ in the decision-making problem.
a. danger
b. security
c. risk
d. difficulty
3. Best case analysis is a(n) ____ view of the problem.
a. pessimistic
b. optimistic
c. risky
d. certain
4. Worst case analysis is a(n) ____ view of the problem.
a. pessimistic
b. optimistic
c. risky
d. certain
5. What method is used to generate observations from a distribution?

Answers

1. Random Variable

2. Risk

3. Optimistic

4. Pessimistic

5. Im not sure

Hello there can you please help y

Answers

Answer:

5x + 28 = 7x - 4

2x = -32

x = -16

Other Questions
03- A sociedade do Egito Antigo era organizada em classes de pessoas que se agrupavam de acordo com a funo que desempenhavam. Abaixo, temos uma pirmide com a representao social de cada grupo. Complete os espaos com os segmentos correspondentes. I got an questions for y'all, see if y'all can what do can an cow with no legs Find the original price given the total amount and the tip rate. Total amount: $38.35 Tip: 18% 5x -3 (3x - 3 + 2x) >2( 3x - 20 + 4x) hey can you help me write 4 or 5 sentences whatever theme you want but can they would be big not just 3-4 words pleasee solve for n. -3n + 2 = 23 A polygon on a coordinate grid was transformed using (x,y) (x-4,y-3 whats the transformation To protect your muscles from strain, ______increase the number of exercises you do.HELP ASAP Intensively GraduallyQuickly help algebra 2 please Write the equation that represents what happens when barium hydroxide dissolves in water. You do not need to include water as a reactant in the equation. Question 23 points)Use the following image to answer the question:Which of the following sections represents a federal court that would hear cases for the first time? (3 points)EAFB beth chooses fresh vegetables every time she does marketing. she pares and cuts right away these vegetable considering that they are fresh. the moment she serves the appetizer, she washes the plate and uses it without drying. what statement best describes the situation inside teh box PLEASE ANSWER FAST TIMED TEST I ONLY NEED THESE 5 QUESTIONS PLS HELP formula P=2l+2w use to find width when perimeter is 70 and lenghth is 22 Find the Area of each triangle. Round intermediate values to the nearest tenth. Use the rounded values to calculate the next value. Round your final answer to the nearest tenth. pls answer as soon as you can it's important 30 points if you doexplain how geography can affect the economy or way people make money. Please have details and examples in your answer. What is the mass of 1.20 1023atoms ofphosphorus?show your work, please. A type of wood has a density of 290 kg/m3. How many kilograms is 75,000 cm3 of the wood? Give your answer as a decimal. PLEASE HELP DUE NOW!!!WILL MARK BRAINLIEST!!!!