Nathan is opening a savings account that has a 10% simple interest rate. He deposits $75 in the account. After 5 years, he will have $112.50 in his account. How many more dollars would Nathan earn after 5 years with a 10% compounded interest rate?

Answers

Answer 1

Answer:

Dollars earned after 5 years = $45.79

Step-by-step explanation:

Given that:

Initial money deposited in account = $75

Time for which the money is deposited = 5 years

Interest rate = 10%

Nature of interest = Simple Interest

Amount after 5 years = $112.50

To find:

Total money earned after 5 years if the interest is compounded ?

Solution:

Formula for amount if the interest is compounded annually:

[tex]A =P(1+\frac{R}{100})^T[/tex]

Where P is the principal amount (initial money)

R is the rate of interest

T is the time

Putting all the values:

[tex]A =75\times (1+\frac{10}{100})^5\\\Rightarrow \bold{A = \$120.79}[/tex]

Total more money earned or the interest after the compounding nature =

[tex]A - P[/tex] = $120.79 - $75 = $45.79


Related Questions

SOMEONE PLEASE ACTUALLY HELP MEEE!!!!! Write an example of the Identity Property of Addition using the number 43.

Question 5 options:

43 x 0 = 0


43 x 1 = 43


43 + 0 = 43


40 + 3 = 43

Answers

Answer:

40 + 3

Step-by-step explanation:

=43. you dont need to use it for 0, even though that's adding too. and multiplying isnt addition.

!PLZHELP! also dont spam ;p

Answers

The photo doesn’t wanna load in for me. Can you comment the question for me to help?

helpp i need help with khan

Answers

Answer:

1. 1.5 milliliter

2. 2/3 millileter

Step-by-step explanation:

I did this earlier today lol

Answer:

Step-by-step explanation:

150/100

1.5 ml of soy sauce per ml of vinegar

100/150

2/3 (or 0.666) ml vinegar per ml of soy sauce

1. A fish is 12 meters below the surface of the ocean. What is its elevation? meters 2. A sea bird is 28 meters above the surface of the ocean. What is its elevation? meters 3. If the bird is directly above the fish, how far apart are they? meters

Answers

Answer:

- 12 meters

28 meters

40 meters

Step-by-step explanation:

Given that:

A fish is 12 meters below the surface of the ocean. What is its elevation?

Position of fish = 12 meters below the surface = - 12 ;

Sea level = 0

Elevation = sea level + position

Elevation = 0 + (- 12)

= - 12 meters

2. A sea bird is 28 meters above the surface of the ocean. What is its elevation?

Position of bird = 28 meters below the surface = (28) ;

Sea level = 0

Elevation = sea level + position

Elevation = 0 + 28

= 28 meters

3. If the bird is directly above the fish, how far apart are they?

If bird is directly above the fish;

Distance between bird and fish :

Elevation of bird - elevation of fish

28 - (-12)

28 + 12

= 40 Meters

A. 3(x + 2) = 18
B. X + 2 = 18

Answers

Answer:

A. x=4

B. x=16

Step-by-step explanation:

A. multiply out: 3x+6=18

subtract 6 from both sides: 3x=12

divide both sides by 3: x=4

B. subtract 2 from both sides: x=16

Write a quadratic function with zeros -1 and 5.

Answers

Answer:

[tex]x^2+4x-5[/tex]

Step-by-step explanation:

Zeros of a quadratic equation are -1 and 5.

Sum of zeros = -1 + 5 = 4

Product of zeros = (-1)(5) = -5

The quadratic equation will be :

[tex]x^2+(\text{sum of zeros})x+\text{product of zeros}\\\\=x^2+4x-5[/tex]

So, the required quadratic equation is [tex]x^2+4x-5[/tex].

There are 48 crayons in a box. There are 12 boxes in a carton. Mr Johnson ordered 6 cartons of crayons for the school. How many crayons did he get? 2

Answers

Answer:

he got 3456 crayons.

Step-by-step explanation:

Every month the library hosts a family movie night. This month, 50 people attended the movie night. This was two more than three-fourths of the total number of people who attended the movie night last month. Write and solve an equation to determine how many people attended last month's family movie night. Use x as the variable.

Answers

Answer:

64 people

Step-by-step explanation:

Let the number of people that attended the movie last month be represented by x.

Number of people who attended the movie this month = 50

[tex]\frac{3}{4}[/tex] of x + 2 = 50

[tex]\frac{3x}{4}[/tex] + 2 = 50

[tex]\frac{3x}{4}[/tex] = 50 - 2

[tex]\frac{3x}{4}[/tex] = 48

3x =  48 x 4

3x = 192

x = 64

The number of people that attended the movie last month was 64.

Divide (x^5 - x^4 + x^3 - x^2 + x -1) by (x-1)
Please solve this and show your calculation.
If you don't know please don't answer.

Answers

Answer:

[tex]\boxed{x^4 + x^2 + x}[/tex]

Step-by-step explanation:

[tex]\frac{x^5 - x^4 + x^3 -x^2 + x - 1}{x - 1}[/tex]

[tex]= \frac{(x - 1)(x^4 + x^2 + x)}{x - 1}[/tex]

[tex]= x^4 + x^2 + x[/tex]

2. * DE is a midsegment of triangle ABC. Find the value of X.

Answers

Answer:

x = 8.5

Step-by-step explanation:

Based on the Midsegment theorem, the midsegment, DE is half the length of BC.

Given that BC = 17, therefore:

DE = ½*(17)

DE = 8.5.

x = DE = 8.5

A wet bicycle tire leaves a trace of water on the floor. The tire has a radius of 30 \text{ cm}30 cm30, start text, space, c, m, end text, and the bicycle wheel makes 333 full rotations before stopping. How long is the trace of water left on the floor? Round your answer to the nearest \text{cm}cmstart text, c, m, end text.

Answers

Answer:

565 cm

Step-by-step explanation:

Given that:

Radius of tire (r) = 30 cm

Number of complete rotations made = 3

To start with :

Obtain the Circumference : 2πr

Hence,

Circumference = 2 * π * r

= 2 * π * 30 = 6

= 188.49555 cm²

Length of trace of water left :

188.49555 * 3

565.48667

= 565cm (nearest cm)

A group of 32 people need to take an elevator to the top floor. They will go in groups of eight. They are deciding who will take the elevator on its second trip.

Answers

Answer:

probability is 1/24

Step-by-step explanation:

Daisy's Flowers sell a rose bouquet for $39.95 plus $2.95 for every rose. A competing florist sells a similar bouquet for $26.00 plus $4.50 for every rose. Find the number of roses that would make both florists' bouquets cost the same price.

Answers

Answer:

9 roses

Step-by-step explanation:

Step one:

given data

For Daisy's Flowers

the cost is $39.95

an additional $2.95 for every rose

let the number of rose be x

the linear model for the cost is

y=39.95+2.95x-----------1

Step two

For  the competing florist  

the cost is $26

an additional $4.5 for every rose

let the number of rose be x

the linear model for the cost is

y=26+4.5x------------2

Step three:

equating the two above equations to find the number of roses x

we have

39.95+2.95x=26+4.5x

solve for x

39.95-26=4.5x-2.95x

13.95=1.55x

divide both sides by 1.55

x=13.95/1.55

x=9

Hence the number of roses that would make both florists' bouquets cost the same price is 9 roses

4x + 3y = 1
12x– 9y=4

Answers

Answer:

x = 7/24  y = -1/18

Step-by-step explanation:

3y = -4x + 1

y = (-4/3)x + (1/3)

*plug into the other equation

12x - 9(-4/3x + 1/3) = 4

12x + 12x - 3 = 4

24x = 7

x = 7/24

*now plug into original equation

y = (-4/3)(7/24) + 1/3

y = -1/18

Jerome hiked three-fourths of a mile in two-thirds of a hour. What was his hiking speed in miles per hour.?

Answers

Answer : Speed = distance/time.

(3/4)/(2/3) = 3/4 x 3/2 .

9/8 or 1  1/8 miles per hour

Step-by-step explanation:

i really dont know<3

What's the slope of (-5, 10) and (-2, -2)?

Answers

Answer:

slope: -4

equation: y = -4x – 10

At a pet store, 0.3 of the sales were for dog products, 1/10 of the sales were for cat products, and 3/5 of the sales were for other animal products. What fraction of the sales were for dog and cat products? Express your answer in simplest form

Answers

Answer:

4/10 combined. ❤️

Step-by-step explanation:

i hope this helped. You turn the .3 into a fraction. Say it aloud and it's 'three tenths." The cat products are 1/10 so you add 3/10+1/10=4/10 or 0.4.

Write two numbers that multiply to the value on top and add to the value on bottom.

Answers

Answer:

8 and 3 is your answer

mark beyondledend answer as brainlist

How do you say -3.14 in English

Answers

Answer:

minus three point one four

The only room visible in the KELLER house is ANNIE’S, where by lamplight ANNIE in a shawl is at a desk writing a letter; at her bureau HELEN in her customary unkempt state is tucking her doll in the bottom drawer as a cradle, the contents of which she has dumped out, creating as usual a fine disorder.

—The Miracle Worker,
William Gibson

Based on the stage directions, where does this scene in the play take place?

in Annie’s room at the Perkins Institute for the Blind
in Annie’s room in the Keller residence
in a classroom at the Perkins School for the Blind
in Annie’s room at a hotel near the Keller home

Answers

Answer:

The Answer is B

Step-by-step explanation:

Answer:

the answer is b  he is right

Step-by-step explanation:

Pleaseeee hELPppP ASaP

Answers

Answer:

SAS

best of luck for the test/exam♡~

Side angle side
Sas
Hope this helps

Here is an equation that represents a function: 72x+12y=60.
Select all the different equations that describe the same function:
A.120y+720x=600
B.y=5-6x
C.2y+12x=10
D.y=5+6x
E.x=5/6-y/6
F.7x+2y=6
G.x=5/6+y/6

Answers

The equivalent equations to  72x+12y=60 are:

120y + 720x = 600y  =  5  -  6xx  =  5/6  -  y/6

Equivalent Equations

The given equation is:

72x+12y=60

To find the equivalent equations, follow the steps below

Multiply the equation 72x+12y=60 by 10

10(72x) + 10(12y) = 10(60)

720x  +  120y   =  600

Divide the equation 72x+12y=60 by 12

(72x/12)  +  (12y/12) = 60/12

6x  +  y   =  5

y  =  5  -  6x

Divide the equation 72x+12y=60 by 72

(72x/72)  +  (12y/72) = 60/72

x  +  y/6  =  5/6

x  =  5/6  -  y/6

The equivalent equations to  72x+12y=60 are:

120y + 720x = 600y  =  5  -  6xx  =  5/6  -  y/6

Learn more on equivalent functions here: https://brainly.com/question/2972832

the operation * on the set R, of real numbers is defined by:
p * q =p3 + q3- 3pq; p,q€R
Is the operation * commutative in R?​

Answers

Answer:

y=Mx+b

Step-by-step explanation:

The mass of a baby elephant is 113 kg, and it walks at a constant velocity of 0.5 m/sec. What is the kinetic energy for the baby elephant?

Answers

Answer:

Step-by-step explanation:

K.E. = [tex]\frac{1}{2}[/tex]m[tex]v^{2}[/tex]

So,

=1/2 x 113 x 0.5 x 0.5

=1/2 x 1/2 x 1/2 x 113 (Because, 0.5 = 1/2)

=1/8 x 113

= 14.125 J

Using the kinetic energy formula, the kinetic energy of the baby elephant is 14.125 joules

Given the Parameters :

Velocity, v = 0.5 m/secMass, m = 113 kg

Recall :

Kinetic energy = 0.5mv²

The kinetic energy of the baby elephant can be calculated thus :

Kinetic energy = 0.5 × 113 × 0.5² = 14.125 Joules

Therefore, the kinetic energy of the baby elephant is 14.125J

Learn more : https://brainly.com/question/18109354

Nick is planning to drive across the country, and he is deciding between a southern route and a northern route. He uses the following pieces of information to determine the total cost of gasoline for each route: His car needs $18$ gallons of gasoline for every $396$ miles driven. The southern route is $3,102$ miles long, and the average cost of gasoline along this route is $\$2.20$ per gallon of gasoline. The northern route is $2,948$ miles long, and the average cost of gasoline along this route is $\$2.28$ per gallon of gasoline. What would be the total cost of gasoline for each route? Show your work.

Answers

Answer:305.53 northern route

210.20 southern route

Step-by-step explanation:

Answer:

Answer:305.53 northern route

Step-by-step explanation:

Paul says that (3.14 X 10^5) + (2.53 X 10^4) = 5.67 X 10^5. Is Paul correct? Explain.
PLEASE I NEED HELP WITH THIS ASAP​

Answers

he is false the equation should be as follows

Paul is wrong as first he has to convert their powers to the same value with base 10.

What is scientific notation?

We use the scientific notation of numbers to write very large numbers in compact form.

In the scientific form, we write a number in the form of base×10ⁿ.

Where 0 ≤ base < 10 and n can be any rational number.

Given, Paul says (3.14 X 10⁵) + (2.53 X 10⁴) = 5.67 X 10⁵. he is wrong to add bases they must have the same power of 10.

∴  (3.14 X 10⁵) + (2.53 X 10⁴).

= (31.4 X 10⁴) + (2.53 X 10⁴).

= 33.93 X 10⁴.

learn more about exponents here :

https://brainly.com/question/15993626

#SPJ2

An item that was selling for $72.00 is reduced to $60.00. Find the percent decrease in price. Round your answer to the nearest tenth.



Do not include units, %, in your answer.

Answers

Answer:

it is 16.7

Step-by-step explanation:

What is another name for Plane P below?




A.
plane B

B.
plane n

C.
plane ABC

D.
plane BAD

Answers

Answer:

is. there. a. picture

Step-by-step explanation:

Show that each of the following values for the given variable is a solution to the
given equation. Show the calculations that lead to your answer.
(a) 3x + 4 = 7
for x = 1

Answers

                                                      Part a)

Answer:

As the L.H.S = R.H.S, so [tex]x = 1[/tex] is the solution to the equation [tex]3x + 4 = 7[/tex]

Step-by-step explanation:

Given the equation

[tex]3x + 4 = 7[/tex]

solving the equation for x = 1

substituting the value of x = 1 in the equation

[tex]3\left(1\right)+\:4\:=\:7[/tex]

[tex]7=7[/tex]

As the L.H.S = R.H.S, so [tex]x = 1[/tex] is the solution to the equation [tex]3x + 4 = 7[/tex]

                                                     Part b)

Answer:

As the L.H.S = R.H.S, so [tex]x = 15[/tex] is the solution to the equation [tex]\frac{x-3}{2}=6[/tex]

Step-by-step explanation:

Given the equation

[tex]\frac{x-3}{2}=6[/tex]

solving the equation for x = 15

substituting the value of x = 15 in the equation

[tex]\frac{15-3}{2}=6[/tex]

[tex]\frac{12}{2}=6[/tex]

[tex]6=6[/tex]

As the L.H.S = R.H.S, so [tex]x = 15[/tex] is the solution to the equation [tex]\frac{x-3}{2}=6[/tex]

                                                   Part c)

Answer:

As the L.H.S = R.H.S, so x = -3 in the equation is the solution to the equation [tex]x^2=-2x+3[/tex]

Step-by-step explanation:

Given the equation

[tex]x^2=-2x+3[/tex]

solving the equation for x = -3

substituting the value of x = -3 in the equation

[tex]x^2=-2x+3[/tex]

[tex]\left(-3\right)^2=-2\left(-3\right)+3[/tex]

[tex]9 = 6 + 3[/tex]

[tex]9 = 9[/tex]

As the L.H.S = R.H.S, so x = -3 in the equation is the solution to the equation [tex]x^2=-2x+3[/tex]

Sorry if I wasn’t specific on the list question but it’s like this pls help ASAP

Answers

Answer:

12 sugars and 24 flour

Step-by-step explanation:

if 4 x ( times ) 3 = 12,

8 x 3 = 24.

Answer:

Multiply by 3

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