Suppose Lisa places $6000 in an account that pays 18% interest compounded each year. Assume that no withdrawals are made from the account.
Follow the instructions below. Do not do any rounding.

(a) Find the amount in the account at the end of 1 year.

(b) Find the amount in the account at the end of 2 years.

Answers

Answer 1

Step-by-step explanation:

The formula for compounded interest is given by

[tex]A = P\left(1 + \dfrac{r}{n}\right)^{nt}[/tex]

where

A = amount of money after a time t

P = principal or initial amount of money

r = interest rate in decimal form

n = number of times money bnb is compounded per unit time

t = unit time

a) For this problem, P = $6000, n = 1 since the money is compounded once a year, t = 1 year and r = 0.18 so after one year, Lisa's money amounts to

[tex]A = (\$6000)\left(1 + \dfrac{0.18}{1}\right)= \$7,080[/tex]

b) After two years, the money is still compounded yearly so n = 1 but t = 2 years so Lisa's money amounts to

[tex]A = (\$6000)\left(1 + \dfrac{0.18}{1}\right)^{2} = \$8354.40[/tex]

Answer 2

Step-by-step explanation:

a)

Principal = $6000

Rate = 18%

Time = 1 year

A = P(1 + r/100)¹

A = 6000(1 + 18/100)

A = 6000(100 + 18/100)

A = 6000 × 118/100

A = 60 × 118

A = 7080

b)

Principal = $6000

Rate = 18%

Time = 2 years

A = P(1 + r/100)²

A = 6000(1 + 18/100)²

A = 6000(100 + 18/100)²

A = 6000(118/100)²

A = 6000 × 118/100 × 118/100

A = 6 × 118 × 118/10

A = 8354.4


Related Questions

Geometry Review Homework

Answers

The answer would be 10 I believe.

Answer the following.
7−5+2=−2−2(1−3)

Answers

Answer:

4=2

Step-by-step explanation:

Answer: 4≠2

Step-by-step explanation:

7-5+2=-2-2(1-3)

7-5+2=-2-2(-2)

7-5+2=-2+4

4≠2

Which of the equations below could be the equation of this parabola?
Vertex
(0, 0)
0
10
ОА
A. x = - 1 2 3 4
B. y = - 1/2 x ²
C. x = 1 / 4²
Do y = x

Answers

Answer:

the answer is "B"

the "a" (as in ax^2) is negative thus the parabola "goes downward"

Step-by-step explanation:

The equation of parabola is,

y = - 1/2x²

What is Parabola?

A parabola is a U-shaped plane curve where any point is at an equal distance from a fixed point (known as the focus) and from a fixed straight line, which is known as the directrix.

We have to given that;

In a parabola,

Vertex = (0, 0)

Since, We know that;

Standard form of equation of parabola is,

y = a (x - h)² + k

Where, (h, k) = (0, 0) = vertex

Hence, We get;

y = a (x - 0)² + 0

y = ax²

Here, A point on parabola is, (2, - 2)

- 2 = a (2)²

a = - 2 / 4

a = - 1/2

Hence, The equation of parabola is,

y = - 1/2x²

Learn more about parabola visit:

https://brainly.com/question/29635857

#SPJ7

find the greatest common factor of 20 and 40​

Answers

Answer:

20,10,5,4,2,1

Step-by-step explanation:

(25/13) * (-7) + 14 - 4 please help ASAP

Answers

Answer:

-4 is the correct answer to this problem

Answer:

-4

Step-by-step explanation:

....

..

..

...

...

...

...hope it helped

If the points on a scatterplot are clustered in a pattern that extends from the upper left to the lower right, this would suggest that the two variables depicted are: ________

a. normally distributed.
b. positively correlated.
c. regressing toward the average.
d. negatively correlated.

Answers

Answer:

B

Explanation:

im doing this for points :D

HELP PLS!!! You invested ​$25,000 in two accounts paying 7% and 8% annual​ interest, respectively. If the total interest earned for the year was $1900, how much was invested at each​ rate?

Answers

All u have to do is divide the answer is %3

g(x)=
Write a relationship for a function whose g(x) values are 2 more than five times the principal square root of x.

Answers

Lets do

2 more than five times the square root of x

[tex]\\ \sf\longmapsto g(x)=5\sqrt{x}+2[/tex]

Lets take an example

[tex]\\ \sf\longmapsto g(4)=5\sqrt{4}+2[/tex]

[tex]\\ \sf\longmapsto 5(2)+2[/tex]

[tex]\\ \sf\longmapsto 10+2[/tex]

[tex]\\ \sf\longmapsto 12[/tex]

“2 more than” means “add 2” to something.

“5 times” means “multiply by 5”.

The principal square root just means the regular square root.

Putting that together, you have

g(x) = 5 * sqrt(x) + 2

write the number 7.1 x 10⁻⁵ in standard form

Answers

Answer:

Step-by-step explanation:

10^-5 is .00001, If it was 10^5 it would be 100,000, but since it is negative, you will have to "flip" it around. 0.1 is 10^-1 10^-2 is .01, 10^-3 is .001 etc...

Now .00001 * 7.1 is just .000071

:) hope this helped.

Answer:

.000071

Step-by-step explanation:

7.1 x 10⁻⁵ = 00007.1 = .000071

100 points

Given the following functions:

f(x)=x2

g(x)=x−3

Find the composition of the two functions and show your process:

g(f(x))

Answers

f(x)=x^2
g(x)=x-3
We want g(f(x))
So , we put f(x) into g(x)
The answer is
g(f(x)) = x^2 - 3

Round 17.20947 to the nearest
hundredth.

Answers

17.21

the 9 behind the 0 helps it go up to 1 !!

What is -2/3 - (-1/2)

Answers

Answer: -1/6

Step-by-step explanation: Start by changing the minus a negative

to plus a positive, so we have -2/3 + 1/2.

Since our denominators of 3 and 2 have no factors in common,

our least common denominator is 3 · 2 or 6.

In order to get a denominator of 6 in each fraction,

we multiply top  and bottom of the first fraction by 2

and top and bottom of the second fraction by 3.

That gives us -4/6 + 3/6 which simplifies to -1/6.

AnswerAnswer:

Step-by-step explanation:

-0.16666666666

a group of 30 people take it that your coffee is 12 people do not take tea and 15 people take coffee than the number of people who take Tea​

Answers

Step-by-step explanation:

12 coffee

3 people

pls mark brainliest

15 answer

Determine the value of x

Answers

x = a√2

a = 8

x = 8√2 ← the end answer

2.

Match the graph of the function with the function rule.

A. [tex]y=\frac{1}{4}[/tex]·4^x

B. y = 1 • 4x

C. [tex]y=\frac{1}{2}[/tex]·4^x

D. y = 2 • 4x

Answers

Answer:

C) [tex]y = \frac{1}{2}[/tex] × [tex]4^x[/tex]

Answer:

C.    y= 1/2*4^x

Step-by-step explanation:

Which of the following equations has exactly one solution?
2x + 3 – 6x=-4x – 3
3x + 12 – 9x = -11x + 12 + 5x
6x +9 - 8x = 2x + 9
7x + 3 – 8= 13x + 5 – 6x

Answers

Answer:

I belive I might be c not completely sure but pretty positive

There are 4 fewer markers than crayons . There are 6 markers . How many cranyons are there

Answers

There’s ten crayons. Because the markers have 4 less you just add 4 to the number of markers (6). 6+4=10

In a class of twenty-seven students, twelve are boys. What part of the
class consists of boys?

Answers

12/27 boys are in the class

What is the solution to the equation 3(y-2)=2y-8 A.-2/5 B.-14 C. -2 D. -2 4/5 I NEED-HELP PLeAse

Answers

3(y - 2) = 2y - 8

3y - 6 = 2y - 8

3y - 2y = -8 + 6

y = -2

Answer: C

the money spent to buy goods is called​

Answers

Answer:

l think it's consumer spending

If $875 is put in the bank and each year the account carns 9% simple interest, then how much interest will be earned in
four years?

Answers

Answer:

$315. 9% of 875 is 78.75. 9% x 4 years = 36%. 36% of 875= 315. (bonus: 875 + 315 = 1,190.)

Step-by-step explanation:

hope this helps

Can someone provide the steps on solving this?

Answers

9514 1404 393

Answer:

  857.4 ohms

Step-by-step explanation:

The new frequency is 50.2/61.4 times the old frequency. Since the reactance varies inversely with frequency, the new reactance will be 61.4/50.2 times the old reactance:

  reactance at lower frequency = (701 ohms)×61.4/50.2 ≈ 857.4 ohms

Determine the domain of the following function:

Answers

Step-by-step explanation:

2x-18 ≥ 0

2x ≥ 18

x ≥ 9

and

3x -27 ≠ 0

3x ≠ 27

x ≠ 9

so, the answer is <9 ; +oo >

Answer and explanation please?​

Answers

Answer:

c= 13

Step-by-step explanation:

The complementary angles add up to 90° so we use some basic algebra to solve this question. like in the step by step explaination I have provided on paper

A restaurant owner collected data about the types of items customers ordered. The table shows the probability that a customer will order each type of item when they visit the restaurant. Move words to the table to describe the likelihood of a customer ordering each item. Soft Drink Dally Special Dessert Appetizer 0.80 0.25 0.48 0.06 Probability that a customer will order Likelihood that a customer will order Certain Impossible Likely Unlikely Neither-likely nor unlikely​

Answers

Using probability concepts, it is found that the matchings are:

Soft Drink - Likely.Dally Special - Unlikely.Dessert - Neither likely nor unlikely. Appetizer - very unlikely.

------------------------

Probabilities assume decimal values between 0 and 1.The closer the probability is to 1, the more likely the event is to happen.

------------------------

0.8 probability of a customers ordering a Soft Drink, which is a close value to 1, so Soft Drink - Likely.0.25 probability of a customer ordering a Dally Special, which is considerably less than 0.5, thus Dally Special - Unlikely.0.48 probability of a customer ordering a Dessert, which is around 0.5, thus Dessert - Neither likely nor unlikely.0.06 probability of a customer ordering an Appetizer, which is quite close to 0, so Appetizer - very unlikely.

A similar problem is given at https://brainly.com/question/21408404

What is the radius of the circle? Example how you know..

Answers

Answer:

r=7

Step-by-step explanation:

C is at x=1 at circle side is at 8

8-1= 7

so, r=7

Answer:

The radius of the circle is 7 units.

Step-by-step explanation:

Radius is the measure from the center point of a circle to a point on the outside edge. Since you have coordinates, you can find the radius using distance formula.

You could also just count how many units are between the center and the edge to get 7 units because 8 - 1 = 7

235Px=235P(x-1)*(3x)


Answers

Answer:

2456

Step-by-step explanation:

What is the value of p?
A.60°
B. 40°
C. 90°
D. 50°

Answers

Answer:

D . p = 50

Step-by-step explanation:

To find the value of p we first need to find the values of inner angles

180 - 140 (linear pair)

= 40

180 -90 (linear pair)

= 90

now use angle sum property of triangle

40 + 90 + p = 180

130 + p = 180

p = 180 - 130

p = 50

I think the answer is 90

What is the volume?
10 ft
8 ft


Answers

Answer:

8×10=18 ft is answer I think

A triangle has side lengths of (7n-2p)(7n−2p) centimeters, (2n+4q)(2n+4q) centimeters, and (q-5p)(q−5p) centimeters. Which expression represents the perimeter, in centimeters, of the triangle?

Answers

Answer:

(7n-2p)(7n−2p) + (2n+4q)(2n+4q) + (q-5p)(q−5p) OR

53n² +29p² +17q² -14np +8nq -10pq

Step-by-step explanation:

The perimeter is found by adding all the side lengths.

P = (7n-2p)(7n−2p) + (2n+4q)(2n+4q) + (q-5p)(q−5p)

We know that (a+b)(a+b) = (a+b)², and (a-b)(a-b) = (a-b)²

P = (7n-2p)² + (2n+4q)² +  (q-5p)²

We know that (a+b)² = a²+b²+2ab, and (a-b)² = a²+b²-2ab

P = 49n² + 4p² - 14np +4n² +16q² + 8nq ++25p² -10pq

Combine like terms

P = 53n² +29p² +17q² -14np +8nq -10pq
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