Ian invested $90,000 in an account paying an interest rate of 2.6% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 7 years?

Answers

Answer 1

Answer:

A≈107902

Step-by-step explanation:

Answer 2

The $107,902 will be in account after 7 years if Ian invested $90,000 in an account paying an interest rate of 2.6% compounded quarterly

What is compound interest?

It is defined as the interest on the principal value or deposit and the interest which is gained on the principal value in the previous year.

We can calculate the compound interest using the below formula:

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

Where A = Final amount

          P = Principal amount

          r  = annual rate of interest

          n = how many times interest is compounded per year

          t = How long the money is deposited or borrowed (in years)

We have:

p = $90,000

r = 2.6% = 0.026

n = 4

t = 7 years

[tex]\rm A = 90,000(1+\dfrac{0.026}{4})^{4\times7}[/tex]

A = $107,901.71 ≈ $107,902

Thus, the $107,902 will be in account after 7 years if Ian invested $90,000 in an account paying an interest rate of 2.6% compounded quarterly.

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Related Questions

1 4/7
_______
- 15/ 21​

Answers

Answer: -11/5

Step-by-step explanation:

[tex]\frac{11}{7}[/tex]÷[tex]\frac{-15}{21}[/tex]

-[tex]\frac{11}{7}[/tex]× [tex]\frac{21}{15}[/tex]

-11×[tex]\frac{3}{15}[/tex]

-11 × [tex]\frac{1}{5}[/tex]

please help me!!!!!​

Answers

Answer:

y=1

-4x + y= -3

-3 + 12= 9

y= {4}x + {3}

Step-by-step explanation:

*there is always a inviable 1 in front of a virable by it's self.*

whats 7, −6, 4, −10, 3 least to greatest

Answers

Answer:

-10, -6, 3, 4, 7

Step-by-step explanation:

Hope it helps ^^

A gas tank holds exactly 13 gallons. If the tank is 2/3 empty, how many gallons remain in the tank? (Round your answer to the nearest tenth)
Group of answer choices-

4.3

5.5

6.5

8.7

Answers

The answer is 8.7 gallon

Help me pleaseeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Answers

Answer:

A, 2 5/8 cups

Step-by-step explanation:

Since six dozen brownies is three times as much as two dozen, we can multiply 7/8 cups by 3. 3 x 7/8 = 21/8 If we simplify this fraction, it is 2 5/8. Therefore the answer is A, 2 5/8 cups.

I think the answer is the last one the 3 and 1/2

HELP ASAP PLEASE LEAVE SMALL EXPLANATION ITS DUE RLLY SOON

Answers

Answer:

1.  y=3x-4

2. y=-3x+4

3. y= -1/3x+4

4. y= 1/3x-4

Step-by-step explanation:

1. slope= change in y/ change in x

  slope= -1-(-4)/1-0=3

  y=3x+b

 -4=3(0)+b

   b=-4

y=3x-4

2. slope=4-10/0-(-2)= -3

y=-3x+b

b=4

y=-3x+4

3. slope= -1/3

y=-1/3x+b

3= -1/3(3)+b

3= -1+b

b=4

y= -1/3x+4

4. y= 1/3x-4 (last one)

The cost, c(x), for a taxi ride is given by c(x) = 3x + 2.00, where x is the
number of minutes.
On a piece of paper, graph c(x) = 3x + 2.00. Then determine which answer matches the graph you drew, including the correct axis labels,

Answers

The answer is 7271% you need to divide the 3x by the top ecuation

Answer:

Graph D is the correct answer

Step-by-step explanation:

The graph of is attached.

The y-axis of the graph represents the cost, and the x-axis represents the number of minutes.

Also, the slope of is 2, and the y-intercept is 2.

Now let us look at the choices given and determine which graph represents the function .

The first graph has the slope of 2, and a y-intercept of 2, but the y-axis represents minutes, and the x-axis represents cost—this does not match our graph.

The second graph has y-intercept of 3—also not our graph.

The third graph also has a y-intercept of 3—this does match our graph either.

The fourth graph has a y-intercept of 2 and a slope of 2, and its y-axis represents the cost and x-axis represents the minutes—this perfectly matches our graph.

Therefore, the graph that matches our graph is D.

Please answer quick

Answers

Answer:

4# 4x2 + 6x - 6

Step-by-step explanation:

Answer:

D

Step-by-step explanation:

x^2+2x-5+3x^2+4x-1=4x^2+6x-6=4x^2+6x-6

Hope you'll find it helpfull

42. Which of the following is TRUE about the princal square riot
number?
A. always positive
C. sometimes positive
B. always negative
I sometimes negative​

Answers

Answer:

a. always positive

Step-by-step explanation:

Alex learning?

Ana Completed 40% of her homework assignment How to Assignments contain 30 math problems how many problems does Anna still need to complete

Answers

Answer:

18

Step-by-step explanation:

30*0.4=12

This means 40% of 30 is 12 and Ana has completed 12 problems.

30-12 = 18, so she still needs to do 18 problems.

Write 8% as a fraction or mixed number in simplest form.

Answers

Answer:

[tex]\frac{2}{25}[/tex]

Step-by-step explanation:

All percents can be written as a fraction with their denominator as 100.

So, first we can write the fraction as 8/100 and start making it smaller and simplifying it.

[tex]\frac{8}{100}[/tex] can be divided by 4 since that is the GCF ( Greatest common factor)

Now, the numerator would be 2 and the denominator would be 25 as shown below ...

[tex]\frac{2}{25}[/tex]

This is the simplest form of 8% as a fraction

Hope this Helps!!! :)

Let me know in the comments if the answer was perfect or if I should change anything!!!

The simplest form of the 8% as a fraction is 2 / 25.

What is the percentage?

The percentage is defined as representing any number with respect to 100. It is denoted by the sign %.

All percentages can be written as a fraction with their denominator as 100. First, write the fraction as 8/100 and start making it smaller and simplifying it.

Fraction = 8 /100

Fraction = ( 4 x 2) / ( 4 x 25)

Fraction  = 2 / 25

Thus, the 8% in the fraction is 2 / 25.

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Find θ. Round to the nearest degree. Right Triangle Trigonometry.

Answers

Answer:

64 =theta

Step-by-step explanation:

We have a right triangle.

We know the adjacent side and the hypotenuse

adjacent/ hypotenuse = cos theta

7/16 = cos theta

Take the inverse cos of each side

cos ^-1 ( 7/16) = cos ^ -1 cos theta

64.05552023 = theta

64 =theta

Answer:

≅ 64°

Step-by-step explanation:

using rule of cos invers

[tex]Cos^{-1} (\frac{7}{16} )=64.05\\[/tex]

What’s three more than seventeen?

Answers

twenty

hope this helps :)
20! Hope this helps!

can somebody do this please

Answers

Answer:

12y - x - 28 = 0

Step-by-step explanation:

............

12y what the guy above my said is right

15 lb 7 oz - 6 lb 8 oz

Answers

Answer: 8.5lbs 7 oz

Step-by-step explanation:

8oz=.5lbs

15lbs 7oz-6.5lbs=

8.5lbs 7 oz

I need help asap thx

Answers

Answer:

with what lol

Step-by-step explanation:

Answer:

Theres no question

Step-by-step explanation:

Sam's age is 2 years less than 3 times Kim's age. If Kim's age is x years, which expression best shows Sam's age?

x
x − 1
2x − 3
3x − 2

Answers

Answer:

3x - 2

Step-by-step explanation:

3 times Kim's age (x), so 3x; minus 2 years (Sam's age).

Answer:

The answer is 3x - 2  :)

Step-by-step explanation: 3x = 3 times Kim's age (x) minus 2

Anyone can answer?? if u can thank u soooo much it means the world to me

Answers

Answer:

Tulips• 7, 14, 21, 28 and 35.

Carnations• 3, 6, 9, 12 and 15.

Other:

Find above the whole number ratio for the tulips and carnations graph. Brainliest? Thanks!

A basketball player makes 65% of all free throws in her first 5 seasons. In her 6th season she makes 105 out of 150 free throws. How does the observed frequency of her 6th season compare to the expected frequency? Provide a possible explanation for any similarities or differences in the frequencies. 7.50.3.7
(35 points i think)

Answers

If a basketball player makes 65% of all free throws in her first 5 seasons. The observed proportion is higher than the expected proportion, indicating that the player performed better than expected in her 6th season.

What is the observed frequency of her 6th season?

The expected frequency of successful free throws in the 6th season can be calculated based on the player's overall success rate in the first 5 seasons. Since the player made 65% of all free throws in her first 5 seasons, we can expect her to make 65 out of 100 free throws in any given season. Therefore, the expected frequency of successful free throws in the 6th season would be:

Expected frequency = (65/100) * 150 = 97.5

The observed frequency of successful free throws in the 6th season is 105.

To compare the observed and expected frequencies, we can calculate the standardized residual (z-score) as follows:

z-score = (observed frequency - expected frequency) / sqrt(expected frequency * (1 - expected frequency / total sample size))

total sample size = 150

expected frequency = 97.5

observed frequency = 105

z-score = (105 - 97.5) / sqrt(97.5 * (1 - 97.5/150)) = 1.28

The z-score of 1.28 suggests that the observed frequency is 1.28 standard deviations above the expected frequency. This indicates that the player's success rate in the 6th season is higher than what would be expected based on her overall success rate in the first 5 seasons.

Possible explanations for the difference in frequencies could be due to factors such as improvements in the player's technique, changes in the player's physical or mental state, or random variation. It is also possible that the sample size of 150 free throws in the 6th season is not large enough to draw definitive conclusions about the player's success rate in that season.

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plz help this is very confusing

Answers

Answer:

[tex] x \ge 15 [/tex]

Step-by-step explanation:

An isosceles ∆ has 2 equal sides. The perimeter of a ∆ is the sum of all its sides.

Given that the perimeter of the triangle above is "at least 137 ft", this means the sum of all its sides is equal to or greater than 137 ft.

Thus, using inequality, this can be represented as:

[tex] 2(2x + 7) + 4x + 3 \ge 137 [/tex]

Solve for x

[tex] 4x + 14 + 4x + 3 \ge 137 [/tex]

Add like terms

[tex] 8x + 17 \ge 137 [/tex]

Subtract 17 from both sides

[tex] 8x + 17 - 17 \ge 137 - 17 [/tex]

[tex] 8x \ge 120 [/tex]

Divide both sides by 8

[tex] \frac{8x}{8} \ge \frac{120}{8} [/tex]

[tex] x \ge 15 [/tex]

Nola hiked down a trail at a steady rate for 10 minutes. Her change in elevation was -170 feet. Then she continued to hike down another 20 minutes at a different rate. Her change in elevation for this part of the hike was -260 feet. During which portion of the hike did she walk down at a faster rate?
PLEASE HELP

Answers

If you divide 170 by 10, you get:
170/10 = 17
I turned the -170 into a positive because when you divide them, you get 17 miles per minute, you can’t get -17 miles.
Then, you divide 260 by 20, and you get :
260/20 = 13
So, 17>13
Which means that’s Nola walked faster when she walked for 10 minutes.
I’m pretty sure that this is the answer, hope this helps. Do you mind making this brainliest?

What is x?

A. 0.75

B. 1.25

C. 1.67

D. 1.33

Answers

Answer:

D. 1.33

Step-by-step explanation:

[tex] \because \: x = tan (\theta) \\ \\ tan (\theta) = \frac{4}{3} \\ \\ tan (\theta) = 1.33 \\ \\ \implies \: x = 1.33[/tex]

Write 5.7% as an equivalent decimal.
O
A 5.7
O
B 0.57
O
C 0.057
D 570

Answers

Answer:

the answer is C

Step-by-step explanation:

[tex]5.7\% = \frac{5.7}{100} = 0.057[/tex]

C. Move the decimal point two places to the left, and that's your answer.

There are 36 students in Mr. Barrett's math class. If 25% of the students are boys, how many students are girls?

Answers

Answer:

27 of the students are girls

Estimate the value of y when x=2.5

Answers

Go to 2.5 on the X-axis. Move up from there until you hit a point. That is the value of Ŷ.

16 > 2y - 4 solve for y ​

Answers

Answer: y<10

Step-by-step explanation:

2y<16+4

2y<20

y<10

Answer:

Step-by-step explanation:

Simplifying

16 = 2y + -4

Reorder the terms:

16 = -4 + 2y

Solving

16 = -4 + 2y

Solving for variable 'y'.

Move all terms containing y to the left, all other terms to the right.

Add '-2y' to each side of the equation.

16 + -2y = -4 + 2y + -2y

Combine like terms: 2y + -2y = 0

16 + -2y = -4 + 0

16 + -2y = -4

Add '-16' to each side of the equation.

16 + -16 + -2y = -4 + -16

Combine like terms: 16 + -16 = 0

0 + -2y = -4 + -16

-2y = -4 + -16

Combine like terms: -4 + -16 = -20

-2y = -20

Divide each side by '-2'.

y = 10

Simplifying

y = 10

3/4 + 1/12 helppppppppppppppp

Answers

Answer:

The answer is 5/6.

Step-by-step explanation:

please help me with this one :(​

Answers

Answer:

I can assure you, that this is not that hard. but. I will help you with one of them.

Step-by-step explanation:

audience-look it up in the dictionary

it's basically a crowd of people.

sebtence- I listened to the audio of the audio book.

p: Las Vegas is the capital of Nevada.
q: There are 10 inches in a foot.
Use: pvq

Answers

Answer:

P= Carson City

Q= 12 inches long

y=-x-4
4y - 2x = 8
Using the graphing method, which of the following choices is the solution of the system:
ОООО
(-6, -2).
(-4, 0)
Infinite solutions
No solution

Answers

Answer:

(-4 , 0)

Step-by-step explanation:

Graph attached

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