A principal of $4500 is invested at 4.25% interest, compounded annually. How much will the investment be worth after 12 years?
Use the calculator provided and round your answer to the nearest dollar.

Answers

Answer 1

The money will be worth 7412 at the end of the 12th year.

What is compound interest?

Compound interest is the interest that accrues on a loan or deposit on both the initial interests and principal.

Analysis:

To calculate the amount after 12 years we use the compound interest formula, A = P[tex](1 + \frac{r}{100} )^{n}[/tex]

where A = amount after a period of time, P = initial principal = 4500, r = rate = 4.25, n = number of years = 12.

 A = 4500[tex](1 + \frac{4.25}{100} )^{12}[/tex] = 7412

In conclusion, 7412 dollar will be realized at the end of the 12th year.

Learn more about compound interest: brainly.com/question/24924853

#SPJ1


Related Questions

Alisha asked 120 students what kind of pet they liked the most. Exactly 45% of the students said they liked dogs best. What was the total number of students who said they liked dogs best?

Answers

Answer: 54 liked best

Step-by-step explanation: None

Answer:

54

Step-by-step explanation:

Joe ran 5 ½ miles. George ran 3 miles. How
many times farther did Joe run than George?

Answers

Answer:

2.5 or 2 1/2

Step-by-step explanation:

Answer:

2.5 miles or 2 1/2 miles

Step-by-step explanation:

you subtract 5 1/2 by 3 n you get 2 1/2 so thats how many times joe ran further than george

Evaluate the expression for the given value of the variable.
51+5/8t
T= -1/2

Answers

Answer:

811/16 i think

Step-by-step explanation:

what is 24,095÷79
i need the answer in long division

Answers

Answer:

0.003

Step-by-step explanation:

We have the equation:

79 ÷ 24095 = 0.003

Calculated to 3 decimal places.

Maya’s mom is 48, which is four times as old as Maya. Write an equation that can be used to find Maya’s age. Then, solve the equation to find Maya’s age.

Answers

Answer:

Maya is 12

Step-by-step explanation:

4x = 48

x = 48/4

x = 12

Answer:

Maya's age=12 year

Step-by-step explanation:

Let us suppose Maya's age=X

So age of Maya's mom=4X

Given age of Maya's mom=48

4X=48

X=12

So age of Maya=X=12

POD Isabella baked 6 and half cookies. She sold 3 and two fourths dozen of the cookies she made. How many dozens of cookies does Isabella have remaining?​

Answers

Answer:

she has 3 dozens left bruh

Step-by-step explanation:

Do the Louisiana State Flag have a line of symmetry?

Answers

Answer: No it does not

Well, first you can search up a picture of the Louisiana State Flag if you don't know what it looks like. In case you don't, it looks like this.

The Louisiana State Flag does not have a line of symmetry because the bird's  head is facing in one direction. If you split the state flag in half, both sides would not be similar.

Pleaseee drop answers !!!’

Answers

9514 1404 393

Answer:

a = 1b = -1

Step-by-step explanation:

Evaluate the expression given.

  a = √2 · cos(-π/4) = 1

  b = √2 · sin(-π/4) = -1

In summary, a=1, b=-1.

Is x+5 a factor of (x^3+8x^2-3x+16)?

Answers

No, x+5 isn’t a factor because remainder equals 106

Erik Red is a player for the Arizona Snowflakes in the National Foosball League. The league has 25 teams, each with 73 players. Every week, 8 players per team are chosen for random drug testing.
A) What is the probability that Erik Red is chosen for random drug testing in a specified week of the foosball season?
B) What is the probability that Erik Red is chosen for random drug testing at least 5 times in the first 9 weeks of the foosball season?
C) What is the expected number of players who are chosen for random drug testing at least 4 times in the first 9 weeks of the foosball season?
D) Let Y be the number of players who are chosen for random drug testing at least 4 times in the first 9 weeks of the foosball season. What is the maximum possible value of Y, i.e., the largest k such that P(Y=k) > 0?

Answers

Answer:

8/73

0.10959

21 players

Step-by-step explanation:

Given that:

Number of teams = 25

Number of players per team = 73

Number of players chosen for drug testing = 8

A) What is the probability that Erik Red is chosen for random drug testing in a specified week of the foosball season?

Number chosen per team / number of players per team

8 / 73 = 0.10959

B) What is the probability that Erik Red is chosen for random drug testing at least 5 times in the first 9 weeks of the foosball season?

P( being chosen at least 5 times)

USing binomial. Distribution

P(X =x) = nCr * p^x * (1-p)^n-x

To save computation time, we can use the binomial distribution calculator :

P(x≥5):p(x = 5) + p(x = 6) + p(x =7) + p(x = 8) +. P(x = 9) = 0.00136

C) What is the expected number of players who are chosen for random drug testing at least 4 times in the first 9 weeks of the foosball season?

Number who are chosen atleast 4 times :

P(x ≥ 4) = p(x = 4) + p(x = 5) + p(x = 6) + p(x = 7) + p(x = 8) +. P(x =9) = 0.0115

P(x ≥ 4) * number of players per team * nunber of teams in league

0.0115 * 73 * 25 = 20.9875

= 21 players

D) Let Y be the number of players who are chosen for random drug testing at least 4 times in the first 9 weeks of the foosball season. What is the maximum possible value of Y, i.e., the largest k such that P(Y=k) > 0?


A unit of measure sometimes used in surveying is the link; 1 link is
about 8 inches. About how many links are there in 7 feet? Do not round
your answer

Answers

Answer:

Number of links in 7 feet = 10 links (Approx)

Step-by-step explanation:

Given:

1 link = 8 inches distance

Find:

Number of links in 7 feet

Computation:

1 feet = 12 inches

So,

7 feet = 12 x 7 = 84 inches

So,

Number of links in 7 feet = 84/8

Number of links in 7 feet = 10 links (Approx)

. When heat melts the ice and the water becomes liquid, the atoms


IS IT A/move more freely.b) move less freely.

Answers

Answer:

A

Step-by-step explanation:

Because melting is caused when atoms move faster and faster until the bonds weaken/break.

5(4 • 3 + 3 • 4)=
480
300
120

Answers

120. Hope this helps have a good day.

Answer:

Step-by-step explanation:

Our given equation is 5 (4 × 3 + 3 × 4)

Using The Order of Operations (AKA): PEMDAS, we need to solve this.

The "P" stands for parentheses. We do have them, so we need to solve the operations inside of them.

We don't have any parentheses inside.

The "E" stands for exponents. We don't have any, so we need to move on.

The "M" stands for multiplication. We have two multiplication symbols, so we need to solve them.

1.  5 (4 × 3 + 3 × 4)    

2.  5 (12 + 3 × 4)

3.  5 (12 + 12)

The "D" stands for division. We don't have any of them, so we need to move on.

The "A" stands for addition. We have one of them, so we need to solve.

4.  5 (12 + 12)

5.  5 × 24

Now that we only have the operation 5 × 24, we can go ahead and solve.

6.  5 × 24 = 120

So now we know that when using The Order of Operations to solve the equation: 5 (4 × 3 + 3 × 4) results in a 120.

Remember this; This is The Order of Operations/ PEMDAS expression:

P arentheses

E xponents

M ultiplication

D ivision

A ddition

S ubtraction

Feel free to give brainliest.

Have an amazing day!

Suppose the total number of acres of genetically modified crops grown in developing countries from 2006 through 2012 was changing at the rate of R′(t)=2.613t2−17.7t+41.38 (0 ≤ t ≤ 6). The total number of acres of such crops grown in 1997 (t=0) was 18.1 million acres. How many acres of genetically modified crops were grown worldwide in 2012?

Answers

Answer:

The number of acres of genetically modified crops were grown worldwide in 2012 is approximately 529.39 million.

Step-by-step explanation:

Note: There are mistakes in this question particularly in the years and the rate of change. The question is therefore correctly stated before answering the question as follows:

Suppose the total number of acres of genetically modified crops grown in developing countries from 2006 through 2012 was changing at the rate of R′(t) = 2.613t^2 − 17.7t + 41.38 (0 ≤ t ≤ 6). The total number of acres of such crops grown in 2006 (t=0) was 18.1 million acres. How many acres of genetically modified crops were grown worldwide in 2012?

The explanation to the answer is now given as follows:

From the question, we are given:

R′(t) = 2.613t^2 - 17.7t + 41.38 ................................... (1)

Since t = 0 corresponds to 2006; by counting from 2006 to 2012, it implies that t = 6 corresponds to 2013.

Substituting t = 6 into equation to obtain the rate of change in 2012, we have:

R′(6) = (2.613* 6^2) - (17.7 * 6) + 41.38

R'(6) = 29.248

The number of acres of genetically modified crops were grown worldwide in 2012 can therefore be calculated as follows:

Number of acres grown worldwide in 2012 = Number of acres grown worldwide in 2006 * R'(6) ......................... (2)

Where;

Number of acres grown worldwide in 2006 = 18.1 million acres

R'(6) = 29.248

Substituting the values into equation (2), we have:

Number of acres grown worldwide in 2012 = 18.1 *  29.248 = 529.3888 million

Approximating to 2 decimal places, we have:

Number of acres grown worldwide in 2012 = 529.39 million

Therefore, the number of acres of genetically modified crops were grown worldwide in 2012 is approximately 529.39 million.

What is the 2nd step in solving this problem x/4 - 3 = 12 ?

A. Do the inverse by adding 3 to both sides
B. Do the inverse by dividing both sides by 4
C. Subtract 3 on both sides
D. Multiply by 4 on both sides

Answers

Answer:

A

Step-by-step explanation:

After the first step, which is to do the inverse by dividing both sides by 4.

The equation will look like x-3=48

You the have to do the second step, which is to add 3 (or do the inverse) on both sides (answer A)

+ Evaluate 5 to the second power + (16 - 14 ÷ 2)​

Answers

Answer: 34

Step-by-step explanation:

I looked it up on google

PLATO USERS ONLY

it cost 11 dollars for 15 granola bars

what is the unit price, in dollars per granola bar, rounded to the nearest hundredth

Answers

Answer:

$1.36 per granola bar

Step-by-step explanation:

15 divided by 11 = 1.3636364

Must round to the nearest hundredths place.

Answer:

$0.73 per granola bar.

Step-by-step explanation:

Multiply.
(-8) x 11

Answers

Answer:

Your answer is -88

Step-by-step explanation:

HOPE THIS HELPS

Answer:

-88

Step-by-step explanation:

have a good day:)....

In Orlando Florida the high temperature was 98F on Saturday and 87F on Sunday what is the percent change in high temperatures

Answers

Answer:

11%

Step-by-step explanation:

If you assume this is out of 100 you can do 98/100 - 87/100, or 98% - 87%, which equals 11%

A profit-maximizing firm in a competitive market is currently producing 200 units of output. It has average revenue of $9
and average total cost of $7. It follows that the firm's
Ola average total cost curve intersects the marginal cost curve at an output level of less than 200 units.
O b. average variable cost curve intersects the marginal cost curve at an output level of less than 200 units.
O c. profit is $400.
Od. All of the above are correct.

Answers

Answer:

djbwdjvbsdajlvjlasdv

Step-by-step explanation:

URGENT!!!!..........

Answers

angle 1 is 105 degrees

Answer:

105 degrees

Step-by-step explanation:

l and m are parralel and are strait lines 180 degrees

angle 6 is corresponding to angle 2 so angle 2 is also 75 degrees

180 minus 75 equals 105 degrees

Need help ASAP trigonometry

Answers

Answer: 11: tan Z = 7/24. tan X = 24/7

12: 23.1324 round to whatever

13: 14.5409 feet

Step-by-step explanation:

Dude trust me

y>-3x+1

How do I graph this

Answers

Answer:

The graph of y>-3x+1 through the points (0,1) and (1,-2)

Step-by-step explanation:

y=3x+1 is in the slope intercept form

y=mx+b

m = the slope in this case 3

b = the y intercept in this case 1.

Think of b the y intercept as the beginning this is where to start the graph.

So start with (0,1) the y intercept and make the first point at (0,1)

Think of m ( the slope) as the mountain slope, This is the angle of the slope of the line

So in this case go up three on the y axis and over 1 on the x axis.

make the next point at 1 + 3 = 4 for the y value and 0 + 1 = 1 for the x value. Make the next point at ( 1, 4)

Now connect the points. creating the line

please help asap, will mark brainliest

Answers

Answer:

D. -3

Step-by-step explanation:

The y-intercept of an equation is a point where the graph of the equation intersects the Y-axis. There are several ways to find the y-intercept of an equation, depending on the starting information you have.

How to find the Y-Intercept from the Slope and Point.

Write down the slope and point. The slope or "rise over run" is a single number that tells you how steep the line is. This type of problem also gives you the (x, y) coordinate of one point along the graph. Skip to the other methods below if you don't have both these pieces of information.

Example 1: A straight line with slope 2 contains the point (-3,4). Find the y-intercept of this line using the steps below.

Mark owns a personal training business. He makes a total of $500 for every 3 clients he acquires. How much money will 21 clients bring in?

Answers

Answer:

$3,500

Step-by-step explanation:

500:3

3x7=21

500x7=3,500

$3,500 for 21 cilents

Answer:

3,500 is the answer of this question

abdul received 4/5 of the 75 votes for class secretary. how many votes did he receive?

Answers

Answer:

60

Step-by-step explanation:

first you divide 75 by 5

then you multiply 15 by 4 to get your answer

A boy was asked to multiply a number by 7/8

instead he divided the number by 7/8 and got the

result 15 more than the correct result The number is? ​

Answers

Answer:

So first you would do 15 x 7/8 which would get you 13.12500 but round it and you would get 13.125 as the original number. If you were trying to get the number it first asked you would do 15 x 13.125 = 196.87500, round that and you would get 196.875.

Somebody can help me 1, 2, and 3 please

Answers

Answer:

1: 3y

2: 6x-2

3:lk

Step-by-step explanation:

Part B Use the distance between the rose bushes, which are located at A(−5, 4), B(3, 4), and C(3, –5), to explain where a fourth rose bush should be placed so that it forms a rectangle with the other three bushes.

Answers

Answer:

(5,-5)

Step-by-step explanation:

If you graph it, then this is the final coordinates

Tamika has two bags of trail mix. Each has a combination of 60 pieces of fruit and nuts. Ratio of fruit to nuts in the first bag:3 5 Ratio of fruit to nuts in the second bag:7 10 Which bag has more fruit? Use the ratios to justify your answer. The first bag, because the ratio is greater. The first bag, because the ratio is smaller. The second bag, because the ratio is greater. The second bag, because the ratio is smaller.

Answers

Answer:

the second bag because the ratio is greater

Step-by-step explanation:

Bag1

fruits 3 : 5 nuts so 3+5=8 and 60/8=7.5 but 7.5*3=22.5

ratio is 3/5=0.428

Bag2

fruits 7 : 10 nuts so 10+7=17 and (60/17)*7 ≈ 24.7

ratio is 7/10=0.7

Answer:

The second bag, because the ratio is greater.

Step-by-step explanation:

Other Questions
Define traditional technology How do you divide positive and negative fractions? PLEASE HELP ME WITH THIS ALGEBRA QUESTION!! THANK YOU!! Write a program to simulate a Fruit Machine that displays three symbols at random from Cherry, Bell, Lemon, Orange, Star, Skull.The player starts with 1 credit, with each go costing 20p. If the Fruit Machine rolls two of the same symbol, the user wins 50p. The player wins 1 for three of the same and 5 for 3 Bells. The player loses 1 if two skulls are rolled and all of his/her money if three skulls are rolled. The player can choose to quit with the winnings after each roll or keep playing until there is no money left.1. Write pseudo or flowchart for this task ready for it to be coded in class tomorrow - 1/12/20202. needs - variable, iteration - while because of some condition, selection - it's all the IFs, Sequence - be careful of sequenceplease this is urgent i beg u Tyrik plans to rent a car for the weekend. The cost to rent the car is $45 plus $0.15 for each mile he drives. Write a function rule for the total cost of the rental. How much is the rental if he travels 500 miles? 90.10 rounded to the nearest whole number? there are several different types of marine coast production, including wetlands, salt marshes, and mangrove forest. Which answer best represents the ramifications of removing these protective areas?a) floodingb)coastal erosionc) hurricane damaged)tsunami wave damage e) all of the above Why do elements form an ionic bond please answer i will give you brainelst!!!!!!!!!! How would I do this? Both international and domestic travel markets are important for the economy of a country since the international travelers inject export income while domestic travelers recycle the domestic income of the national economy. Martha (from problem 9) has some expenses each week. Each week she buys $9.72 worth of supplies to help her in her business. Assuming she starts with a zero balance, what would the balance be in her account after three weeks? What will I do?Activity 1:Mang Cardo is a hard-working old man who owns 6 hectares of land. At his age, he wanted to divide his land equally to his children. If each child will get 0.75 hectares, how many children does the man have?Activity 2:What is the quotient of 0.49 and 0.07?Activity 3:Maureen has 11.75 meters of cloth to be made into table napkins. If each napkin measures 0.25 meter, how many table napkins can she make?Activity 4:A restaurant owner orders table cloth of 1.75 meters long each. She only has 26.25 meters of cloth left. How many table cloths can be made from it? solution is needed How would you have participated in the riots if you were one of the starving peasants? Which statement best describes a similarity in the law making process at the local, state, and federal levels?Laws are approved by the courts.Laws are signed by the executive.oLaws are approved by the citizens.Laws are signed by the bill's author.o PLEASE HELP! 20 POINTS!!!!!!!!!!!!!!!Revise a 5 paragraph explanatory essay using a formal writing style, technical language, and transitional words. Use the following checklist as you put your essay together:Underline the thesis statement in the introductory paragraph.Underline the topic sentence in each body paragraph.Circle the supporting evidence used in the body paragraphs.Count the number of transition words used in each paragraph.Underline the restatement in the concluding paragraph. can you pls tell me i am having hard time with time PLS HELP ( slope btw) Data is best described asstatistical details.factual or numerical information.calculations and conclusions.multimedia content. -1/7-5/97/88/9Show the steps please The table below is data of a baseball player's homerunsaccording to the years playedYearHomeruns117Determine what data is used to create a scatterplot.Check all that apply.Homeruns is the x-axis label.Homeruns is the y-axis label.The ordered pair (3, 15) is found on the scatterplot.The ordered pair (17, 1) is found on the scatterplot.The data is plotted as points so a relationship canbe visualized.2.30315436541627