Phineas puts $600 into a certificate of deposit that earns 3.09%. If the money is
compounded monthly, how much will it be worth in 4 years?

Answers

Answer 1

Answer:

$678.83

Step-by-step explanation:

Given :

Principal, P = $600

Rate = 3.09% = 0.0309

Period, t = 4 years

Compounding times per period, n = 12 (monthly)

The compound interest formula :

A = P(1 + r/n)^nt

A = 600(1 + 0.0309/12)^(12*4)

A = 600(1 + 0.002575)^48

A = 600(1.002575)^48

A = 600 * 1.1313834

A = 678.83004

Worth in 4 years = $678.83


Related Questions

Write the equation of the line that has the indicated slope and contains the indicated point. Express the final equation in standard form.
m = 1/2, (6, 9)

Answers

Answer:

[tex]x-2y=-12[/tex]

Step-by-step explanation:

Hi there!

1) Determine the equation of the line in slope-intercept form

Linear equations are typically organized in slope-intercept form: [tex]y=mx+b[/tex] where m is the slope and b is the y-intercept (the value of y when x is 0)

Plug in the slope [tex]\frac{1}{2}[/tex]

[tex]y=\frac{1}{2}x+b[/tex]

Plug in the given point (6,9) and solve for b

[tex]9=\frac{1}{2}(6)+b\\9=3+b[/tex]

Subtract 3 from both sides

[tex]9-3=3+b-3\\6=b[/tex]

Plug 6 back into [tex]y=\frac{1}{2}x+b[/tex]

[tex]y=\frac{1}{2}x+6[/tex]

2) Rearrange the equation into standard form

Standard form: [tex]Ax+By=C[/tex] where A, B and C are integers and A is typically positive

[tex]y=\frac{1}{2}x+6[/tex]

Multiply both sides by 2 to remove the fraction

[tex]2y=1x+12\\2y=x+12[/tex]

Subtract x from both sides to isolate 12 as C

[tex]2y-x=x+12-x\\2y-x=12\\-x+2y=12[/tex]

Multiply both sides by -1 to make A positive

[tex]x-2y=-12[/tex]

I hope this helps!

9)
10)
22x - 2
8x + 2
A) 5
B) 6
D 2
C) 8
A 5
C) -10

Answers

Answer:

I don't know

Step-by-step explanation:

could you screenshot your question or reword it. I don't know what you're asking. Sorry.

2. Graph on a coordinate plane or explain how to graph: x = 5

Answers

Answer:

x = 5 is a vertical line at x = 5

Help me out thankssssss !!!!!!

Answers

Answer:

78/2=39°

Step-by-step explanation:

thx for the points

Miguel went shopping for a new phone. Sales tax where he lives is 4%. What number should he multiply the price of the phone by to find the total plus tax in one step?

Answers

Answer:

miges fue y no me compro el celu

Step-by-step explanation:

mal migel

por culpa de brailyn reverg

Which system of inequalities has the solution set shown in the graph?
25 < (x – 1)2 + y2 and 16 > x2 + (y + 4)2
25 > (x – 1)2 + y2 and 16 > x2 + (y + 4)2
25 < (x – 1)2 + y2 and 16 < x2 + (y + 4)2
25 > (x – 1)2 + y2 and 16 < x2 + (y + 4)2
lmoa what

Answers

Answer:

A. 25 < (x – 1)² + y² and 16 > x² + (y + 4)²

Step-by-step explanation:

the solutions are in the outside of the bigger circle, but inside of the smaller circle

The inequality is 25 < (x – 1)² + y² and 16 > x² + (y + 4)². Option A is correct.

What is inequality?

The relation between two expressions that are not equal, employing a sign such as ≠ ‘not equal to, > ‘greater than, or < ‘less than.

The solutions are on the outside of the bigger circle, but inside of the smaller circle.

The radius of the bigger circle is 5 and the radius of the smaller circle is 4. The graph of the inequality is attached with the answer below.

To know more about inequality follow

https://brainly.com/question/24372553

#SPJ5

Jake has a 1 in 5 chance of winning the egg and spoon race.
what is the probability that he will NOT win the race
8%
20%
60%
80%

Answers

Answer:

Step-by-step explanation:

1 in 5 = 1/5 = 20% that he wins

Probability that he will NOT win

= 1 - 20%

= 100% -20%

= 80%

Answer:

80%

Step-by-step explanation:

percentage of winning

1/5×100%=20%

percentage of not winning

100%_20%=80%

I need more help with 21 questions

Answers

Answer:

45

Step-by-step explanation:

9 ÷ 1/5

9 × 5/1

9 × 5

45

45 that's the correct answer lol

Inequality of y<-4+3 on graph

Answers

Answer:

[tex]y < - 1[/tex]

Step-by-step explanation:

[tex]y < - 4 + 3[/tex]

[tex]y < - 1[/tex]

Hope it is helpful...

[tex] \sf \: y < - 4 + 3 \\ \sf \: y < - 1[/tex]

[tex] \sf \: Just \: add \: - 4 \: and \: 3 \: and \: you \: \\ \sf will \: get \: the \: inequality \: in \: the \: simplest \: form.[/tex]

a piece of ribbon is 5.4 meters long. What will be the length of 8 similar pieces?​

Answers

Answer:

43.2 meters

Step-by-step explanation:

Multiply the length of one piece of ribbon by 8 to determine the total length

5.4 * 8 =43.2 meters

5.4x8=43.2
answer: 43.2 meters

Candice works at a grocery store. She works 35 hours a week and
gets paid $8.50 an hour. For every hour over 35, Candice gets
paid $10 an hour. If she was paid $357.50 last week, how many
hours over 35 did Candice work?

Answers

9514 1404 393

Answer:

 6

Step-by-step explanation:

For 35 hours, Candice is paid ...

  ($8.50/h)(35 h) = $297.50

Any amount in excess of that is paid at $10 per hour. The amount of excess pay is ...

  $357.50 -297.50 = $60.00

Then the number of overtime hours was ...

  $60/($10/h) = 6 h

Candice worked 6 hours over 35 last week.

PLEASE HELPPPP ASAP PLS WILL MARK BRAINLIEST

Answers

Answer:

5X+6+3X-2 =180

8X+4. =180

8X. =180-4

8X. =176

X=22

CBD=EBF=3x-2

=66-2

=64

CBD=64

2x[tex]2x^{2} - 14x + 24[/tex]

Answers

What are we supposed to solved X or Y, what kind of answer need be for specific please

VERY URGENT
The sum of two numbers is 36. The smaller number is 18 less than the larger number. What are the numbers?
Larger number:
Smaller number:

Answers

Answer:

Larger number: 22

The smaller number: 14

HOPE THIS HELPS

h(-7)=

See graph below to help solve.

Answers

h(-7)
-h*7
-7h
and the right answer -7h

If the sixth term of a geometric sequence is 972, and the tenth term is 78732, what is
the first term?

Answers

Answer:

the first term is 4

1. how many cubic meters are in 250,000 cubic centimeters?
A. 0.025m³ B. 0.25m³ C. 2.50 m³ D. 25

2. the volume of an ordinary box is 3.5 m³. wxpress its volume in cm³?
A. 350 cm³ B. 35000 cm³ C. 3500000 cm³ D. 35000000 cm³

3. Write 1.6 dm³ in cubic centemeters.
A. 1.6 cm B. 16 cm³ C. 160 cm³ D. 1600 cm

4. What is 500dm³ in m³?
A. 0.005 m³ B. 0.05m³ C. 0.5 m³ D. 5 m³

Answers

Answer:

1) 1m³ is 100cm*100cm*100cm = 1,000,000cm³

so 250,00cm³ are just 0.25m³

2) looking at the conversion above, three point five million is correct

3) 1dm³ = 10cm*10cm*10cm = 1,000cm³

D, as in Dewey Duck

4) 1m³ = 10dm*10dm*10dm = 1,000dm³

see that it's C?

Some help with this pleaseee!

Answers

Answer:

g(x) = |x| + 7

Step-by-step explanation:

Adding the constant +7 on the end of the equation means a translation 7 units up.

Which graph shows Point Pin Quadrant II and Point Q as (3,-4)

Answers

Answer:

p would be up top on the negative side (left)

q would be at the bottom on the positive side (right)

The city of Raleigh has 10000 registered voters. There are two candidates for city council in an upcoming election: Brown and Feliz. The day before the election, a telephone poll of 200 randomly selected registered voters was conducted. 72 said they'd vote for Brown, 118 said they'd vote for Feliz, and 10 were undecided. Give the sample statistic for the proportion of voters surveyed who said they'd vote for Brown. Note: The proportion should be a fraction or decimal, not a percent.

Answers

Answer:

0.36

Step-by-step explanation:

Given, There Are 10000 Registered Voters in a City & Two Candidates Brown & Felix .

The Day Before Election , A Telephonic Poll Of 200 Randomly Registered Voters Was Conducted .

72 said they would vote for Brown , 118 Said they would vote for felix & 10 Were Undicided .

Now, The sample statistic is the number who would vote for Brown divided by the total number in the sample, or 72/200 = 0.36    

& To Find How Many of 10000 voters to vote Brown Just Multiply 0.36 With 10000 ⇔ 0.36×10000=3600

A standard deck of 52 cards has 4 suits (spades, clubs, hearts, and diamonds) with 13 different cards (ace, 2, 3, 4, 5, 6, 7, 8, 9, 10, jack, queen, king) in each suit. If you are dealt exactly two cards from the deck without replacement, what is the probability that you are dealt a pair (matching cards in different suits)

Answers

Answer:

P(a pair with matching cards in different suits) = 1/52

Step-by-step explanation:

We are told that there are 4 suites and each suit has 13 different cards. This is a total of 52 cards.

Thus;

Probability of selecting one card of a particular suit = 13/52 = 1/4

If we now want to select a matching card of another suit without replacing the first one, then, we now have; 52 - 13 = 39 cards. Now, there are only 3 matching cards of the 3 remaining suits that is same as the first card drawn.

Thus; probability = 3/39 = 1/13

Thus;

P(a pair with matching cards in different suits) = 1/4 × 1/13

P(a pair with matching cards in different suits) = 1/52

X/30 + X/40= 1
Solve for x

Answers

Answer:

17 1/7 I think

Step-by-step explanation:

x=17.1

Step-by-step explanation:

[tex] \frac{x}{30} + \frac{x}{40} = 1 \\ \frac{3x + 4x}{120} = 1 \\ \frac{7x}{120} = 1 \\ \frac{7x}{120} = 1 \\ 7x = 120 \\ x = \frac{120}{7} \\ x =17.1 [/tex]

using a=15 b=12 c=21 is the triangle ABC a right angle triangle

Answers

yes it is a right triangle with the Pythagorean Theorem

What must be a factor of the polynomial function f(x) graphed on the coordinate plane below?
6
4
B
х
.
O x-4
O x-2

Answers

Answer:

Step-by-step explanation:

x+2

A factor of the polynomial function f(x) graphed on the coordinate plane below is,

⇒ x + 2

What is mean by Function?

A relation between a set of inputs having one output each is called a function. and an expression, rule, or law that defines a relationship between one variable (the independent variable) and another variable (the dependent variable).

Given that;

The polynomial function f(x) graphed on the coordinate plane below.

Now, We have;

The vertex of the function is,

⇒ x = - 2

⇒ x + 2

Thus, A factor of the polynomial function f(x) graphed on the coordinate plane below is,

⇒ x + 2

Learn more about the function visit:

https://brainly.com/question/11624077

#SPJ7

simplify the expression

Answers

Answer:

The answer is C.

Step-by-step explanation:

Multiplying the exponents is adding them together.

Answer:

x^8

Step-by-step explanation:

Multiply the terms with the same base by adding their expondents

x^6+2^2

add the numbers 6+2= 8

which statement is true?

Answers

Answer:

The y-intercept of Function A is less than the y-intercept of Function B.

Step-by-step explanation:

Function A's y-intercept would be (0, -1) and Function B's y-intercept is (0, 4). Therefore, Function A's y-intercept is less than Function B's.

4. If your balance on an investment of $100 that has been invested at
a rate of 7.5% is $178.35 at the end of 8 years, does the plan have simple
interest or compound interest?

Answers

Answer:

Simple interest

Step-by-step explanation:

Because its a period of 8 years

Find the volume of the sphere. Round your answer to the nearest tenth.

Answers

Answer:

D. 268.1 m³

Step-by-step explanation:

Volume =  4/3 * 3.14 * 4³

Volume = 4/3 * 201

Volume = 268 ≈ 268.1

If my answer is incorrect, pls correct me!

If you like my answer and explanation, mark me as brainliest!

-Chetan K

A person's Body Mass Index (BMI) is a measure of the amount of fat in their body. The relationship between antioxidant food consumption per day in cups and the BMI of an individual is modeled by the following line of best fit: [tex]y=-1.2x+26[/tex] . Interpret the slope and intercept of the trend line within the context of the data.

DIRTY ANSWERS REPORTED
NO LINKS ALLOWED!

Answers

Answer:

The slope of -1.2 means that for each cup of antioxidant a person consumes per day, it's BMI decreases by 1.2.

The intercept of 26 means that a person that does not consume any cup of antioxidant food a day should have an BMI around 26.

Step-by-step explanation:

Line of best fit:

[tex]y = -1.2x + 26[/tex]

Slope:

The slope is the number that multiplies x, that is, -1.2. The slope of -1.2 means that for each cup of antioxidant food a person consumes per day, it's BMI decreases by 1.2.

Intercept:

Value of y when x = 0, that is, 26. The intercept of 26 means that a person that does not consume any cup of antioxidant food a day should have an BMI around 26.

Answer:

the slope is -1.2 and the intercept is 26.

Step-by-step explanation:

our line's equation is y= -1.2x + 26

In the equation y = mx + b, m is the slope and b is the y-intercept. So in this equation, look for where the numbers are placed and that it what you get.

you spin the spinner once
What is P(5)?

Answers

0-10

A spinner is split into 11 different pieces so you are less likely to land on five than the other numbers.

The probability of getting 5 on spinner is 0.25.

What is the probability?

Probability can be defined as the ratio of the number of favourable outcomes to the total number of outcomes of an event.

We know that, probability of an event = Number of favourable outcomes/Total number of outcomes.

Given that, on the spinner there are four numbers {3, 4, 5, 6}.

Number of favorable outcomes = 1

Total number of outcomes = 4

So, P(5) = 1/4

= 0.25

Therefore, the probability of getting 5 on spinner is 0.25.

To learn more about the probability visit:

https://brainly.com/question/11234923.

#SPJ2

Other Questions
Write an equation of the line that passes through the point (2, -3) and has aslope of -1. Atividade de Portugus who was the king of england in 1727 how was salidin a bad person? Marcel and Jose lifted 50 pounds as many times as they could. Marcel could lift the weight 25 times. Jose could lift the weight 30 times. Marcel and Jose can conclude that __________.A.Jose has better muscular endurance than MarcelB.Jose has better muscular strength than MarcelC.Marcel has better muscular strength than JoseD.Marcel has better muscular endurance than Jose 20 points and brainliestA 4.88 x 10-6 C charge moves 265 m/sparallel (at 0) to a magnetic field of0.0579 T. What is the magnetic forceon the charge? In an energy pyramid, up to 10% of energy is transferred between trophic levels. Suppose the producer level has 50,000 J. Approximately how much energy is available to the next level, the primary consumer, in this energy pyramid? A sign has 3 identical parallelogram-shaped stripes as shown. Charles mustoutline each stripe with reflective tape. Is one roll of 86 inches of tape enough tofinish the job? Explain. A 66.4 gram sample of Ba(ClO4)2 3 H2O was heated thoroughly in a porcelain crucible, until its weight remained constant. After heating, how many grams of the anhydrous compound remained? What is the probability of producing a child that will phenotypically resemble either one of the two parents in the following four cases? How many phenotypically different kinds of progeny could potentially result from each of the crosses? Aa Bb Cc Dd X aa bb cc dd Throughout the histories of many nations, alcohol has been a mark of a nation, but some nations have refused alcohol even outlawed it, what could be some possible reasons for why this has happened? Escribe tres elementos que consideres fundamentales del realismo. Please help me.The table below represents the closing prices of stock ABC for the last fivedays. Using your calculator, what is the equation of linear regression that fitsthese data? help me plz help...../s.dhjfu visiting beach experience Although a consumer may be happy with your companys product/service, they will not hesitate to switch if another company provides additional value. This is why you should strive to ________ your customers What is the least number of apples that can be shared equally among either 6, 10 or 15 children? find the area for this figure test the validity of these statement "if my brother stands first in the class, i give him a watch . Either he stood first or I was out of the station I did not give my brother a watch this time . Therefore I was out of station. The witch trials could be best described as