Alexander invested $240 in an account paying an interest rate of 2.3% compounded
annually. Assuming no deposits or withdrawals are made, how much money, to the
nearest dollar, would be in the account after 9 years?
Answers
Answer:
295
Step-by-step explanation:
After 9 years, Alexander will have $295 in his bank account.
What is a compound interest?This is a type of interest that is compounded after time period it is said to be compounded. After that particular period, the interest is calculated and then added with the principle. For the next duration, the interest is calculated on the sum.
Here, to find the amount of money after n years, we need to use the formula S = P(1 + r)ⁿ.
For Alexander, S = sum of money after the total period of investment.
P = Principle = $240, r = rate of interest = 2.3% compounded annually, n = time period = 9 years.
Now, S = $240(1 + 2.3/100)⁹= $240(1 + 0.023)⁹ = $240(1.023)⁹ = $294.5
≈ $295
Hence, after 9 years, Alexander will have $295 in his bank account.
Learn more about compound interest here: brainly.com/question/25857212
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Related Questions
Sabrina uses 2 oz of clay to make the
cube shown. She wants to make a
larger cube with an edge length that is
twice as long. How many ounces of
clay does she need to make the larger
cube? Show your work.
PLEASE HELP!!
Answers
Answer:
4 because everything is multiplied by 2
Step-by-step explanation:
3.5 × 2 = 7, do the same thing to the amount of oz used to make the cube.
2 × 2 = 4, so 4 oz of clay should be enough. PLZ MARK BRAINLIEST
21st term: 3, 8, 13, 18 ?
Answers
Answer: 108
Step-by-step explanation:
The ratio of oak trees to maple trees in a park is 6 to 4. What percent of the trees in the park are oak trees?
Answers
Answer:
60%
Step-by-step explanation:
The problem would be 6:4 ratio. 6+4=10, and there are 6 oaks, so there's 6/10. And that converted to a percentage is 60%.
Help asap people help with 6th grade..
Multiply. Use the greatest common factor to write each answer in the simplest form. 4/15 * 5/6
5/12 * 3/20
3/5 * 3/20
5/8 * 5/24
3 5/12 * 1 3/8
2 9/10 * 1 7/18
Answers
Answer:
1. 20/90 ----- GCF is 10 ----- 2/9
2. 15/240 ----- GCF is 15 ----- 1/16
3. 9/100 ----- GCF is 1 ----- 9/100
4. 25/192 ----- GCF is 1 ----- 25/192
5. 451/96 ----- GCF is 1 ----- 4 67/96
6. 725/180 ----- GCF is 5 ----- 4 1/36
Look a the picture please
Answers
Answer:
a. 6 1/2
Step-by-step explanation:
If each of the teacher's students needs 1/4lbs of clay and she has 26 students, all we have to do is divide 26 by 4. 26/4=6.5
6.5 as a fraction is 6 1/2. So, the answer is a.
Have an amazing day!! Good luck on your test C:
What is the value of x
Answers
Answer: 2x= 40 so 2x20=40
Step-by-step explanation:every triangle has to add up to 180 digrees
65+75+40=180
1/3 x + y = 4 solve for y
Answers
hope this helps :)
The simplified answer to the equation is [tex]y=-\frac{1}{3}x+4[/tex]
First, subtract [tex]\frac{1}{3}x[/tex] on both sides.
[tex]y=-\frac{1}{3}x+4[/tex]
You have isolated [tex]y[/tex] by itself, and the equation can't be simplified further, so [tex]y=-\frac{1}{3}x+4[/tex] is your answer.
A line passes through the points (7, 10) and (7, 20). Which statement is true about the line?
It has a slope of zero because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the numerator of a fraction cannot be zero.
It has a slope of zero because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the denominator of a fraction cannot be zero.
It has no slope because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the numerator of a fraction cannot be zero.
It has no slope because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the denominator of a fraction cannot be zero.
Answers
Answer: D) It has no slope because x 2 minus x 1 in the formula m = StartFraction y 2 minus y 1 Over x 2 minus x 1 EndFraction is zero, and the denominator of a fraction cannot be zero.
Step-by-step explanation:
slope is y2-y1/x2-x1
20-10/7-7
10/0
denominator can't be 0
Answer:
D
Step-by-step explanation:
cause i said so
Why does the author of this
historical fiction story include the
detail that Bass Reeves couldn't
read?
It shows that Reeves could creatively
work around his disadvantages.
It shows that Reeves had no time for
reading books on his travels.
It shows that Reeves faced dangerous situations because of his job.
It shows that Reeves preferred to work
alongside other lawmen
PLEASE HELP I WILL PUT BRAINLIEST
Answers
Answer:
It’s it shows that Reece could work around his disadvantages
Step-by-step explanation:
If the pth term of an A.P. is q and the qth term is p. Prove that its nth term is (p+q-n).
Answers
pth term of an AP = q
qth term = p
Prove:nth term of A.P. is (p+q-n).
Proof:We know that,
nth term of an AP (an) = a + (n - 1)d
Hence,
⟹ a + (p - 1)d = q
⟹ a + pd - d = q
⟹ a = q - pd + d -- equation (1)
Similarly,
⟹ a + (q - 1)d = p
Substitute the value of a from equation (1).
⟹ q - pd + d + qd - d = p
⟹ qd - pd = p - q
⟹ - d(p - q) = p - q
⟹ - d = 1
⟹ d = - 1
Substitute the value of d in equation (1).
⟹ a = q - p( - 1) + ( - 1)
⟹ a = q + p - 1
Now,
an = q + p - 1 + (n - 1)( - 1)
⟹ an = q + p - 1 - n + 1
⟹ an = p + q - n
Hence, Proved.
I hope it will help you.
Regards.
Step-by-step explanation:
ANSWER
pth term = q
a+(p−1)d=q
qth term = p
a+(q−1)d=p
Solving these equations, we get,
d=−1
a=(p+q−1)
Thus,
nth term = a+(n−1)d=(p+q−1)+(n−1)×(−1)=(p+q−n)
I need help pls!!!!!
Answers
Answer: they aren’t
Step-by-step explanation:
The angles and lengths are not proportional so they are not similar.
Answer:
They are not similar
Explanation:
Even though they would look very similar if they were turned the same way the back of one of them is at a 90 degree angle while the other is at a more acute angle so no they are not similar.
Kayla began a science experiment with 18 grams of an unknown solid. During the experiment, the change in the mass of the solid was – 7 grams. What was the mass of the solid at the end of the experiment? To solve the problem, Edna subtracted 18–( – 7) and came up with an answer of 25 grams. Is Edna correct? Why or why not?
Answers
Answer:
No. Enda should have added 18+ (-7) because she needed to add the initial mass and the change in mass.
Step-by-step explanation:
expand (2x+3) (2x-5)
Answers
Answer:
4x^2−4x−15
Split using the sum and difference of the formula, the simplify
the up arrow means power of 2
so first number is 4x to the powder of 2
At 9 pm the temperature was -2°C.
By midnight the temperature had gone down by 7 °C.
(b) Write down the temperature at midnight.
Answers
Answer:
-9°C.
Step-by-step explanation:
Simple -2°C - 7°C.
1. 1 and 22 are vertical angles. If m1 =
(5x + 12) and m2 = (6x - 11), find m1.
Answers
Answer:
127 degrees
Step-by-step explanation:
whats love, in words dont give as random answer
Answers
Answer:
Love is something you have to take care of figuratively.
Love is life, but love is sometimes not the thing to have sometimes
Love could be great, Love could be bad.
Step-by-step explanation:
Highlands
The dot plots show rainfall totals for several spring
storms in highland areas and lowland areas.
What is the range of rainfall for the highland storms?
4 0 8 10 12 14 16 18 20 22 24 26 28 30 32
Lowlands
What is the range of rainfall for the lowland storms?
2 4 6 8 10 12 14 16 18 20 22 24 26 28 30
Answers
Answer:
30
26
Step-by-step explanation:
Write the equation of the line in slope-intercept from (y=Mx+b) given:
Answers
There were 65 students in the chess club this year. The very next year the chess club increased its members by 20%. How many more students joined the club?answer are A,65.B,20,C13.D78.
Answers
Answer:
d.
Step-by-step explanation:
Because it increased and it also went up by 20%
plz plz plz help me quick i got 10 mins
Answers
Answer:
y=x+6
Step-by-step explanation:
There are 3 batteries that go in a laser pointer if you had 100 lasers and took away the batteries of 5 lasers how much batteries do you have?
Answers
Answer:
285
Step-by-step explanation:
300-15=285
Answer:
285
Step-by-step explanation:
3 x 100 = 300
3 x 5 = 15
300 - 15 = 285
Hope This Helps!
can you guys help me
Answers
Answer:
Step-by-step explanation:
X<2
all real numbers less than or equal to 9 and greater than or equal to 7 please hurry
Answers
Answer:
[tex]7 \leq x \leq 9[/tex]
Step-by-step explanation:
Let [tex]x[/tex] represent the real numbers.
For the first part, all real numbers less than or equal to 9 in algebra is [tex]x \leq 9[/tex].
For the second part, all real numbers greater than or equal to 7 in algebra is [tex]x \geq 7[/tex].
To combine both inequalities, it would become [tex]7 \leq x \leq 9[/tex].
Hope this helped! If not, please let me know! <3
The real numbers are 7, 8, and 9.
We are given two statements:
All real numbers are less than or equal to 9.All real numbers are greater than or equal to 7.We have to use these two statements, form an inequality for the real number and find the real numbers.
What is inequality?Inequality is a relation that makes a non-equal comparison between two mathematical expressions.
There are five types of inequality:
[tex]Less~~than~ = ~ < \\Greater~~than~=~ > \\Less~~than~~or~~equal~~to~=~\le\\Greater~~than~~or~~equal~~to~=~\ge[/tex]
Let the real number be x.
Now using the two given statements we have,
[tex]x\le9\\x\ge7[/tex]
If we combine these two equations we get,
[tex]7\le x \le 9[/tex]
Thus we can say that the real numbers are 7, 8, and 9.
Learn more about inequalities of real numbers here:
https://brainly.com/question/27997176
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|5x+9|=4x solve for all values of x
Answers
Write an algebraic expression for the statement.
The cost of m pounds of meat when the cost per pound is $3.54.
Answers
Answer:
y=3.54m
Step-by-step explanation:
it is pretty self explanatory
An algebraic expression for the statement could be as; y = 3.54m
What is an expression?Expression in maths is defined as the collection of numbers variables and functions by using signs like addition, subtraction, multiplication, and division.
The Numbers constants, variables, operations, functions, brackets, punctuation, and grouping can all be represented by mathematical symbol.
Thus which can also be used to indicate the logical syntax's order of operations and other features.
We need to write an algebraic expression for the statement.
Given that The cost of m pounds of meat when the cost per pound is $3.54.
Therefore, the expression could be as;
y = 3.54m
hence, An algebraic expression for the statement could be as; y = 3.54m
To know more about an expression follow;
brainly.com/question/19876186
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david works mowing lawns and babysitting. He earns an hour for mowing and an hour for babysitting. How much will he earn for hour of mowing and hours of babysitting?
Answers
Step-by-step explanation:
please state the amount and the times he's supposed to work rephrase the question please
Answer:
$41.10
Step-by-step explanation:
1 hour of mowing=$7.10
5 hours of baby sitting= $6.80×5=$34
TOTAL=$7.10+$34=$41.10
Find the LCM (least common multiple) of 25 and 35.
LCM =
Answers
175
Step-by-step explanation:Hi there !
25 = 5²
35 = 5×7
Lcm = multiply together each of the prime numbers with the highest power
Lcm(25 ; 35) = 5²×7 = 25×7 = 175
Good luck !
What is the lcm of 12 & 9 pls help im in class and i dont have a clue
Answers
Answer:
36 is the lcm of this question
what is faster drive a car that goes 40 k per hour
or
a car that goes 15 meters per second
Answers
Answer:
40k per hour is faster
mark me as branliest plz
Please help with this problem
Answers
Step-by-step explanation:
the answer is because AP is not congruent to PB