Compare the investment below to an investment of the same principal at the same rate compounded annually.

principal: $1,000, annual interest: 6%, interest periods: 6, number of years: 14 more than the investment compounded annually.

After 14 years, the investment compounded periodically will be worth $ ____(Round to two decimal places as needed.)​

Answers

Answer 1

After 14 years, the investment will be worth $ 2,306.72.

Given that an investment has a $ 1000 principal, 6% annual interest, 6 interest periods and 14 years of investment, to determine, after 14 years, how much the investment will be worth, the following calculation must be performed:

1000 x (1 + 0.06 / 6) ^ 14x6 = X 1000 x 1.01 ^ 84 = X 1000 x 2.3067 = X 2,306.72 = X

Therefore, after 14 years, the investment will be worth $ 2,306.72.

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Related Questions

Two positive numbers are in the ratio 2 : 3. Find the numbers if ​(a) their sum is 55 and ​(b) their product is 384.

Answers

say the numbers are "a" and "b", we know that they're in the ratio of 2:3, or namely that

[tex]\stackrel{\textit{in the ratio of 2 to 3}}{a~:~b\qquad \qquad 2:3}\qquad \qquad \implies \qquad \cfrac{a}{b}=\cfrac{2}{3}\implies \cfrac{3a}{2}=b \\\\[-0.35em] ~\dotfill\\\\ \stackrel{\textit{their sum is 55}}{a + b = 55}\implies a + \cfrac{3a}{2}=55\implies \stackrel{\textit{multiplying both sides by }\stackrel{LCD}{2}}{2\left( a + \cfrac{3a}{2} \right)=2(55)} \\\\\\ 2a+3a=110\implies 5a=110\implies a = \cfrac{110}{2}\implies \boxed{a = 22}[/tex]

[tex]\stackrel{\textit{we know that}}{\cfrac{3a}{2}=b}\implies \cfrac{3(22)}{2}=b\implies \boxed{33=b} \\\\[-0.35em] ~\dotfill\\\\ \stackrel{\textit{their product is 384}}{ab=384}\implies a\left( \cfrac{3a}{2} \right)=384\implies \cfrac{3a^2}{2}=384\implies 3a^2=768 \\\\\\ a^2=\cfrac{768}{3}\implies a^2=256\implies a=\sqrt{256}\implies \boxed{a=16} \\\\\\ \stackrel{\textit{we know that}}{\cfrac{3a}{2}=b}\implies \cfrac{3(16)}{2}=b\implies \boxed{24=b}[/tex]

The positive numbers for both the parts are obtained as 22,33 and 16,24 respectively.

How to write a linear equation?

A linear equation for the given case can be written by assuming any variable as the unknown quantity. Then, as per the given data the required operations are done and it is equated to some value.

(a) As per the question, the numbers can be considered as 2x and 3x respectively.

Then, the equation for their sum can be written as follows,

3x + 2x = 55

⇒ 5x = 55

⇒ x = 11

The numbers are obtained as 2 × 11 = 22 and 3 × 11 = 33.

(b) Similarly, the equation for the product of numbers can be written as,

3x × 2x = 384

⇒ 6x² = 384

⇒ x² = 64

⇒ x = 8

The numbers are obtained as 2× 8 = 16 and 3 × 8 = 24.

The required number for both the cases are 22,33 and 16,24 respectively.

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What is the solution

Answers

-3 should be the solution.

Answer:

the answer is -21

Step-by-step explanation:

(4²-42)+(3²-4)

=16-42+(9-4)

=-26+5

=-21

Given x+2y=-6 solve for y

y= x-6/2
y= -x+6/2
y= -x-6/2

Answers

Answer:

y= -x-6/2

Step-by-step explanation:

Given,

x+2y=-6

or,2y=-x-6 (cross multiplication)

or,y= -x-6/2

3----2 = 7
5----4 = 23
7----6 = 47
9----8 = 79
And 19----9 = ??????​

Answers

Answer:

i think 179

Step-by-step explanation:

(3×2)+(2-1) = 7

(5×4)+(4-1) = 23

(7×6)+(6-1) = 47

(9×8)+(8-1) = 79

so 19----9 = (19×9)+(9-1) = 171+8 = 179

Elliot spent $16.15 on ground beef at a grocery store. He purchased 3 and 2 over 5 pounds of ground beef. What is the price per pound of the ground beef at that store?

Answers

We want to know how much is the price per pound (or unit rate) of ground beef, given that we know the price for Elliot's purchase. We will see that each pound costs $4.75

So we know that (3 + 2/5) lb of ground beef costs $16.15, the cost of a single pound will be given by the quotient between the total cost and the amount purchased, then we need to solve:

[tex]P =\frac{ \$ 16.15}{(3 + 2/5)lb}[/tex]

We can rewrite the denominator as:

(3 + 2/5)lb = (15/5 + 2/5)lb = (17/5) lb

Replacing that we get:

[tex]P =\frac{ \$ 16.15}{(17/5)lb} = \frac{ \$ 16.15*5}{17lb} = \$4.75 \ per \ lb[/tex]

So each pound of ground beef costs $4.75

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Mrs. Lovejoy and Christi spent the day baking cookies. When they divided them into 8 stacks, they had 14 cookies in each stack. How many cookies did they have? Solve and label the word problem. Please I need help.​

Answers

Answer:

they had 112 cookies

Step-by-step explanation:

14×8 = 112

Find the area of the figure. (Sides meet at right angles.)

Answers

Answer:

51

Step-by-step explanation:

if there isn't such an answer tell me so that I can try again.goodbye

A set of data has a correlation coefficient of 0.05. What is the best way to describe the correlation of the data set


A strong negative correlation

B strong positive correlation

C weak postive correlation

D little or no correlation

Answers

i would say B but i’m not sure.

3. A store is having a sale to celebrate President's Day. Every item in the store is advertised as one-fifth (1/5)off
the original price. If an item is marked with the original price of $175, what is the sale price? Show your
work.

Answers

Step-by-step explanation:

1/5 of 175

=1/5×$175

=$35

sale price = original price - discount price

= $175 -$35

= $140

Statement of cash flows (partial)

Answers

Yeaa that is what the problem is

What's the conversion factor used to convert inches to yards?
A. 36 inches in 1 yard
B. 3 inches in 1 yard
0.24 inches in 1 yard
D. 12 inches in 1 yard

Answers

Answer:

Option A is the correct answer

Step-by-step explanation:

We know that

1 yard = 3 foot

1 foot = 12 inch

1 yard = [tex]3\times12[/tex] inches

[tex]=36[/tex] inches

Option A is the correct answer

I dont know if question 80 is right but i need help on question 79 and 80

Answers

Answer:

not sure about 80 but for 79, the answer is -185

Step-by-step explanation:

P(4)= (4)^3 - 4(4)^2 + 3(4) - 5

P(4)= 64 - 16^2 + 12 - 5

P(4)= 64 - 256 + 12 - 5

P(4)= -185

(sorry if i made a mistake)

what is the value of x that makes the equation 8 x -4 equal 96 true​

Answers

Answer:

x= 12.5 or 25/2

Step-by-step explanation:

8x - 4 (+4) = 96 (+4)

8x (/8) = 100 (/8)

x= 12.5 or 25/2

A family visits a car show to research information on vehicles they might consider purchasing. Brochures for each vehicle provide helpful information for the vehicle. Which of the following is an example of a continuous quantitative variable that might be included in the brochure

A.number of seats
B.type of transmission
C.presence of a sunroof
D.fuel efficiency (in mpg)

Answers

Answer:

Its Number of Seats

Step-by-step explanation:

TRUE OR FALSE

There are whole numbers that are not integers.

There are rational numbers that are not whole
numbers.

All rational numbers are integers.

All whole numbers are rational numbers.

Answers

False. All whole numbers are integers.True. For example, 1/2 is a rational number but it is not a whole number.False. For example, 2/7 is a rational number but not an integer.True. Each and every whole numbers are rational numbers.

ANSWERS:

[tex]1. False \\ 2. True \\ 3. False \\ 4. True \\ [/tex]

Hope you could get an idea from here.

Doubt clarification - use comment section.

Josh and Adelina are staff members for a political candidate. They are considering hiring callers who will call
voters and ask for donations.
Josh and Adelina define X as the amount donated by a given voter they call. Based on data from their volunteer
callers, the expected value of X is E(X) = $18.07.
Adelina says, "For every 100 voters we call, we can expect to bring in about $1,807 in total donations."
Josh says, "If we call a very large number of voters, the average donation will be close to $18.07."
Whose statement is correct based on the expected value?

Answers

According to the given expected value, it is found that Josh's statement is correct.

The interpretation of the expected value is that over a large number of trials, the average value will be close to the expected value.

In this problem, the expected amount donated by a given voter they call is $18.07.

Hence, considering a very large number of voters called, the average amounts of their donations will be close to $18.07, hence, Josh's statement is correct.100 voters is not a large amount, hence the expected value should vary around $18.07, and we can't say that Adelina's statement is correct.

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Answer:

both correct :)

Step-by-step explanation:

the points (0, p) and (1, 4) lie on a line with a slope of 3. what is the value of p?

Answers

Answer:

p=1

Step-by-step explanation:

[tex]\frac{4-p}{1-0}[/tex]=3

4-p=3

p=1

If 3 paintings cost $30, then how much does 1 painting cost?

Answers

Answer:

10$

Step-by-step explanation:

because 10$ + 10$ + 10$ equals 30$ so one is 30$

The average of eight different numbers is 5. If 1 is added to the largest number, what is the resulting average of the eight numbers?

Answers

Answer:

Step-by-step explanation:

X/8 = 5

X = 40

Adding 1 to the largest number (or any other of the numbers, for that matter) makes the sum 41 and the average 41/8 or 5 1/8.

The average of a given number is the sum of the given numbers divided by the number of numbers in the given set.

The resulting average of the eight numbers after adding 1 to the largest number is 5.125.

What is a mean?

It is the average value of the set given.

It is calculated as:

Mean = Sum of all the values of the set given / Number of values in the set

Example:

2, 3, 4, 5

The average number of 1, 2, 4, and 5 is 3.

i.e 12 ÷ 4 = 3

We have,

The average of eight different numbers is 5.

Let the sum of 8 different numbers be M.

Average = M / 8

5 = M / 8

M = 8 x 5

M = 40

Now,

If 1 is added to the largest number.

This means,

40 + 1 = 41

The resulting average of the eight numbers:

= 41/8

= 5.125

Thus,

The resulting average of the eight numbers after adding 1 to the largest number is 5.125.

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what is an equation of the line that passes through points (-7,-5) and (-7,-2)?

Answers

Answer:

I think I've answered this question already.

Step-by-step explanation:

Find the value of x in the figure.

Answers

Answer:

64 degrees

Step-by-step explanation:

X equals 64 degrees because it shares a vertical angle pair with another angle which is 64 degrees. Since they are across from each other, x is 64 degrees.

Vertical angles are a pair of opposite angles formed by intersecting lines.

I am so bad at this.Do you know the answer?

Answers

Answer:

it's for sure option (B) cuz it's represented in the form of a straight line which means it's linear!

hope helpful~

Answer:

B

Step-by-step explanation:

I thinks its the best answer

Layla missed 38 questions on her multiple choice math final that had a total of 200 problems. What percentage of questions did Layla answer correctly?

Answers

Answer:

81%

Step-by-step explanation:

200-38= 162

162/200= 81/100

81%

Two same-sized triangular prisms are attached to a rectangular prism as shown below.
If a = 20 cm, b = 13 cm, c = 12 cm, d = 5 cm, and e = 8 cm, what is the surface area of the figure?
a 1,208 square centimeters
b 1,592 square centimeters
c 1,004 square centimeters
d 1,400 square centimeters

Answers

Answer:

answer will be a 1,208 square centimeters

1985 x 99 I already know the answer: 196515

Answers

Answer:

196515

Step-by-step explanation:

After deducting grants based on need, the average cost to attend the University of Southern California (USC) is $27,175 (U.S. News & World Report, America’s Best Colleges, 2009 ed.). Assume the population standard deviation is $7,400. Suppose that a random sample of 60 USC students will be taken from this population.

a. Refer to Exhibit 2. What is the value of the standard deviation of the mean? (Note: keep two decimal places.)

b.What is the probability that the sample mean will be more than $27,175

c.What is the probability that the sample mean will be within $1,000 of population mean? (Note: keep two decimal places for the z value and four decimal places for the final probability value.)

d.What would be the probability in Part c if the sample size were increased to 100? (Note: keep two decimal places for the z value and four decimal places for the final probability value.)

Answers

The solutions are:

(a) Standard error is 957.04. (b) The probability is 50%. (c)The probability is 0.8491. (d) The probability is 0.8617.

To calculate the values, use the standard error formula for the sample mean:

(a)

The standard error is given by:

[tex]Standard\ error =\dfrac{ Population \ standard \ deviation}{\sqrt{sample\ size}}\\Standard\ error=\dfrac {\$ 7,400 }{ \sqrt60}\\Standard\ error =\ $957.04[/tex]

(b)

To find the probability that the sample mean will be more than $27,175, convert it into a z-score and then find the area under the normal distribution curve:

z = (sample mean - population mean) / standard error

z = ($27,175 - $27,175) / $957.04

z = 0

Since the z-score is 0, the area under the curve to the right of this point is 0.5 or 50%.

c. To find the probability that the sample mean will be within $1,000 of the population mean, we need to find the area between the range of $(27,175 - $1,000) and $(27,175 + $1,000).

Lower limit: $27,175 - $1,000 = $26,175

Upper limit: $27,175 + $1,000 = $28,175

Now, we calculate the z-scores for both limits:

lower = ($26,175 - $27,175) / $957.04 ≈ -1.045

upper = ($28,175 - $27,175) / $957.04 ≈ 1.045

Using a standard normal distribution table or calculator, the probability of a z-score being between -1.045 and 1.045 is approximately 0.8491.

(d)

If the sample size were increased to 100.

[tex]Standard error = \dfrac{ \$7,400}{ \sqrt{100}} \\Standard error = \$740[/tex]

Find the probability that the sample mean will be within $1,000 of the population mean, did in part c:

Lower limit: $27,175 - $1,000 = $26,175

Upper limit: $27,175 + $1,000 = $28,175

lower = ($26,175 - $27,175) / $740

lower ≈ -1.351

upper = ($28,175 - $27,175) / $740

upper ≈ 1.351

Using a standard normal distribution table or calculator, the probability of a z-score being between -1.351 and 1.351 is approximately 0.8617.

Hence,

Standard error is 957.04.The probability is 50%.The probability is 0.8491.The probability is 0.8617.

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Please help, very urgent!!!! 50 points!!

Answers

Answer:

f = 14

Step-by-step explanation:

it is because skephalo and hot and poggers science and dnf

help plssssssssssssssssss

Answers

Answer:

Diagonal and horizontal lines

Step-by-step explanation:

To answer this question it is first important to know what a function is. A function is a relationship that has a singular y value for each x-value. This means that x-values will never repeat.

Linear functions are functions that increase in a constant way. Meaning that the slope of the line is constant and there is a common difference between the points. Because the change is constant, there is no change in direction. Thus, the function will be one straight line.

This line can obviously be diagonal because a diagonal line has unique x and y values. However, the line can also be horizontal. Horizontal lines many have repeating y-values but because the x-values don't repeat it is still a function. This reason is also why vertical lines are the only straight line to not be a liner function. In vertical lines, the x-values repeat. So, it does not work as a function.

Please look for the question in the picture.

Answers

Answer:

Step-by-step explanation:

B

whether the negative sign is next to the fraction bar or next to the numerator, it doesnt matter.

A results in the last number being different from the one in the question.

answer is B

LAST ATTEMPT IM MARKING AS BRAINLIEST!! (Finding missing sides- similar triangles Algebraic practice )

Answers

TV / BC = TU / DC
TV = 20^2 - 12^2 = 256 = 16

substitute:
16 / 4x + 3 = 12 / 9
16 / 4x + 3 = 4 / 3

cross multiply:
48 = 16x + 12
36 = 16x

2.25 = x

Answer:

x=3

Step-by-step explanation:

What u should always do is look at the letters of the triangles given:

It will tell u that:

[tex] \frac{tu}{dc} = \frac{uv}{cb} [/tex]

Now we once again just sub in the values:

[tex] \frac{12}{9} = \frac{20}{4x + 3} [/tex]

we can simplify the fraction on the right

[tex] \frac{4}{3} = \frac{20}{4x + 3} [/tex]

And now we cross multiply

3×20=4(4x+3)

60=16x+12

60-12=16x

48=16x

Therefore :

x=3

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