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Nancy deposits $2500 into an investing account that pays 6.1% annual interest compounded quarterly. What will be the balance after 10 years? Round to the nearest cent.
Step-by-step explanation:
P=principle balance
r= interest rate
n= no. of times interest compounded per year
t= time period.
[tex]A = P {(1 + \frac{r}{n}) }^{nt} \\A = 2500 ({1 + \frac{ \frac{6.1}{100} }{4} )}^{4(10)} \\ A = 2500 {(1 + \frac{0.061}{4} )}^{40} \\ A = 2500 {(1 + 0.01525)}^{40} \\ A = 2500 {(1.01525)}^{40} \\ A = 4579.94[/tex]
BRAINLIST PLS
Based on the information given the balance after 10 years is $4579.94
Balance after 10 yearsUsing this formula
Amount=P(1+r/n)^nt
Where:
P=principle balance=2500
r= interest rate=6.1%
n= Number of times interest compounded per year=4
t= time period=10 years
Let plug in the formula
Amount=2500(1+0.061/4)^4×10
Amount=2500(1+0.01525)^40
Amount=2500(1.01525)^40
Amount=$4579.94
Inconclusion the balance after 10 years is $4579.94
Learn more about balance after 10 years here:https://brainly.com/question/25545513
The school that Michael goes to is selling tickets to a dance. On the first day of ticket sales the school sold 3 staff tickets and 1 student ticket for a total of $38. The school took in $52 on the second day by selling 3 staff tickets and 2 student tickets. Find the price of a staff ticket and the price of a student ticket.
The price of a staff ticket and the price of a student ticket is $8 and $14
Given:
Day 1:
Number of staff tickets sold = 3
Number of students tickets sold = 1
Total revenue day 1 = $38
Day 2:
Number of staff tickets sold = 3
Number of students tickets sold = 2
Total revenue day 2 = $52
let
cost of staff tickets = x
cost of students tickets = y
The equation:
3x + y = 38 (1)
3x + y = 38 (1)3x + 2y = 52 (2)
subtract (1) from (2)
2y - y = 52 - 38
y = 14
substitute y = 14 into (1)
3x + y = 38 (1)
3x + 14 = 38
3x = 38 - 14
3x = 24
x = 24/3
x = 8
Therefore,
cost of staff tickets = x
= $8
cost of students tickets = y
= $14
Read more:
https://brainly.com/question/22940808
1. Write the following statements in the from of equations.
a. The sum of five times p and 8 is 23
Answer:
The answer is ( 5×p) + 8 = 23
Here's your required answer!
a) Five times p = 5p
5p + 8 = 23________________________________
Zoey is having a party for 10 friends.2 If each friend eats 1/2 pounds of chips, how many pounds of chips will Zoey need?
A. 6 pounds
B. 4 pounds
C. 5 pounds
Someone help me
Answer: C
Step-by-step explanation: 10 times 1/2
Answer:
C. 5 Pounds
Step-by-step explanation:
Total of 10 friends divide that by 2 you get five so you would do 5 times to would be 10 (sorry if i explained that weirdly)
How many times can you subtract 10 from 100?
(hint hint, trick question)
Answer:
1 time
Step-by-step explanation:
13, 22,31,... what is the 31st term?
Answer:
thirty-first ordinal. being or denoting a numerical order in a series.
Step-by-step explanation:
solve the equation.
1/2x^2=32
Answer:
x = ± 8
Step-by-step explanation:
[tex]\dfrac{1}{2}x^{2}=32[/tex]
Multiply the equation by 2
x² = 32*2
x² = 64 = 8²
x = 8
In the following figure the value of x is.....
a)10 b) 15 c) 65 d) 25
Answer:
"In the following figure"?
There is no following figure
Step-by-step explanation:
c) Now let’s do another “what if”. What if the normal cost of an office visit to your regular doctor is $80, without insurance? With AAA+ and Health Today you would pay only $25 for the office visit, as it is not part of the deductible. With Best Insurance, if you have not met the deductible yet, you would pay the whole cost of $80. You may have a lot of office visits before you pay the deductible on this insurance. Let’s assume that you have met the deductible and see what the office visit would cost. You will pay 20% of it.
• AAA+
Office Visit = $25
• Health Today
Office Visit = $25
• Best Insurance
Office Visit = 20% of 80 =
Answer:
$16
Step-by-step explanation:
Jennifer installs solar panels. Today it takes her 8
hours to install 2 solar panels. She plans to install
solar panels for 40 hours next week.
10 solar panels according to me is the answer
Answer: 10
Step-by-step explanation:
40 hours/8 hours = 5 hours
5 hours *2 solar panels = 10 solar panels
Since it takes her 8 hours to install 2 solar panels, we need to multiply 5 with 2.
Type the missing digit in this number
7,587_64 is divisible by 8.
Answer:
The numbers can be 2,4,6,8,0
Step-by-step explanation:
Apparently, using these numbers, the last 3 digits become divisible with 8. Therefore, 2,4,6,8,0 is the numbers that can fit in the hundredth's place.
Hoped this helped.
Jess had 212 deer stickers. Jess gave 47 stickers to Sandy and 24 stickers to Mike. How many stickers does Jess still have?
Answer:
141 stickers
Step-by-step explanation:
212-47=165
165-24= 141 stickers
Analyze the diagram below and complete the instructions that follow.
Answer:
this question is a very simple. you should start with the biggest triangle then follow the steps to find each side of other triangles. THE ANSWER İS ROOT FORTY ONE
Step-by-step explanation:
these are all right-angled triangles. even the smallest one with the x side.
so, we need to apply Pythagoras to get the missing sides and finally x.
c² = a² + b²
c is the Hypotenuse, the baseline of the triangle opposite of the 90 degree angle. a and b are the legs of the triangle enclosing the 90 degree angle.
so,
52² = 48² + side1²
2704 = 2304 + side1²
400 = side1²
side1 = 20
20² = 12² + side2²
400 = 144 + side2²
256 = side2²
side2 = 16
13² = 5² + (larger part of side2)²
169 = 25 + (larger part of side2)²
144 = (larger part of side2)²
larger part of side2 = 12
that means the smaller part of side 2 = 16-12 = 4.
x² = 5² + 4² = 25 + 16 = 41
x = sqrt(41)
So, D is the right answer option.
what is the slope intercept equation for the linear function represented by the table?
Answer:
the answer is a
Step-by-step explanation:
x=0 the first equation gives -4
andx= 2 6/2 = 3-4= -1
I need help with these questions
Answer:
segment addition postulate
the second answer is true
Step-by-step explanation:
my teacher taught me this recently
In the diagram below CF bisects
Answer:
Thanks for the points, I will change my answer when you re-upload okay
:)
Answer:
Touch and hold a clip to pin it. Unpinned clips will be deleted after 1 hour.
A weightlifter's maximum amount he can lift is 300 pounds. Write and solve an equality to find the number of 50 pound weights he can possibly lift.
50w/50 = 300/50
----------- -----------
1w (or) w = 60
w = # of weights
The weightlifter can lift a maximum of 60 weights if each weight weighed 50 pounds.
In november 2010 the average cost of 5 gallons of regular undleaded gasoline in the united states was $14. 46 what was the average cost for 16 gallons for gas.
Answer:
The answer is 426.72.
Step-by-step explanation:
Take the number 14.46 and divide it by 5, and after that take that number and multiple it by 16.
You have 4 cups of flour and you need to us 1 3/4 cups of flour for a cookie recipe.how much flour will you have left?
Crossword math please help
Answer:
The code is 8415
Step-by-step explanation:
a dress which sosts $180 is being sold at a discoundof 10% the amount of the discount is
Answer:
The discount is $18.
A recipe for cooking a turkey states to allow 20 minutes for each pound of turkey and to add 5 minutes per pound if the turkey is stuffed. Our turkey weighs 16 pounds and will be stuffed. To have dinner at two o'clock in the afternoon, what time does the turkey need to go in the oven? Allow 1/2 hour for cooling and carving. Explain your answers and your thinking.
Answer:
6:30 A.M
Step-by-step explanation:
That's if you wanted it right at 2 after cooling for 30mins
5-(-5) please i need a answer ASAP
Answer:
10.
Step-by-step explanation:
If you're subtraction a negative number, you are basically adding a positive number. 5-(-5) = 5+5.
Hey there!
GUIDE:
2 negatives = positive
2 positives = positive
1 negative & 1 positive = negative
1 positive & 1 negative = negative
Negatives are BELOW 0 and they are to the LEFT of 0
Positives are ABOVE 0 and they are to the RIGHT of 0
ANSWERING the QUESTION
5 - (-5)
= 5 + 5
= 10
Therefore, your answer is: 10
Good luck on your assignment and enjoy your day!
~Amphitrite1040:)
maya wants to burs 600 calories, so far, she burned 584.3 calories. how many more calories must maya burn
Answer:
15.7
Step-by-step explanation:
600 - 584.3 = 15.7
solve for x help it's due today
Answer:
x = 8√2
Step-by-step explanation:
use the pythagorean theorem with the 2 sides being the same
16^2 = x^2 + x^2
256 = 2x^2
Divide both sides by 2
128 = x^2
Take the square root of both sides
x = √128
x = √(64 * 2)
x = 8√2
Answer:
x= [tex]8\sqrt{2}[/tex] or 11.31
Step-by-step explanation:
You know that the shape is a square that is divided making 2 triangles. They are examples of 45-45-90 degree triangles. So with this information, you know that both lengths of the triangles are equal, with a hypotenuse of 16.
Side C= 16
Side A= Side B
45-45-90 Formula
Side C= [tex]a\sqrt{2}[/tex]
16= [tex]a\sqrt{2}[/tex]
[tex](16= a\sqrt{2})^{2}[/tex]
256=[tex]2a^{2}[/tex]
128=[tex]a^{2}[/tex]
[tex]\sqrt{128}[/tex]=a
a= [tex]8\sqrt{2}[/tex] or 11.31
8. The area of a rectangular fence is 500 square feet. If the length of the
fence is 25 feet, then find its width.
Answer:
20 square feet
Step-by-step explanation:
500/25 = 20
20x25 = 500
which temperature values would an interpolation be limited to? less than 3 between 3 and 60 between 20 and 80 greater than 55
Answer:
B. between 3 and 60
Step-by-step explanation:
Answer: B.
Step-by-step explanation: On Edge! :)
Help please! If a bot answers pls ignore!
Answer:
3.70
Step-by-step explanation:
Answer:
a. $58.75
b. 3.75p +5.00d
Step-by-step explanation:
As with any sort of purchase, the cost for a number of items of the same kind is the product of the number of items and the cost of each. For several different items, the total cost is the sum of the costs of each of the kinds of items. If you do any shopping, you know this.
a.5 popcorn and 8 drinks cost 5($3.75) +8($5.00) = $18.75 +40.00 = $58.75
__
b.p popcorn and d drinks cost p($3.75) +d($5.00) = 3.75p +5.00d . . . . dollars
fracciones equivalentes a 2/7