Rose chin deposited $900 in a new savings account. The amount for $1.00 compounded daily the account earns after 12 years at 5.25% interest is 1.878. Calculate the compound interest earned after 12 years.

Answers

Answer 1

The answer to this Question based on Compound Interest is 1690.2$

What is Compound Interest?

Compound interest is a type of interest that is calculated not only on the initial principal but also on the accumulated interest of previous periods. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal plus previously accumulated interest. It is the concept of earning interest on interest, which causes the total balance to grow at a faster rate than simple interest. Compound interest is often referred to as the eighth wonder of the world, as it is a powerful financial concept that can yield impressive results over a long period.

Initial money deposited = 900$
1$ turns into 1.878$ after 12 years of Compound Interest
hence by basic manipulation we can do like
900$ turns  into 900 multiplied by 1.878 which comes out to b 1690$
Hence after 12 years final amount will be 1690$

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Related Questions

A company bought a van that had a value of £12 000
Each year the value of the van depreciates by 25%.
Work out the value of the van at the end of three years.

Answers

12000(1-25/100)^3
=£5062.50

Answer:

The value of the car at the end of 3 years will be £5,062.50.

A, B, C and D lie on a circle.
AC and BD intersect at X.

Answers

The angles BAX and CDX are equal and the length of CX is 8.2 cm.

What are angles?

An angle is a figure in plane geometry that is created by two rays or lines that have a shared endpoint. The Latin word "angulus," which meaning "corner," is the source of the English term "angle." The shared terminus of two rays is known as the vertex, and the two rays are referred to as sides of an angle.

Given that, the points A, B, C, D lie on a circle and AC and BD intersect at X.

The angles BAX and CDX, they are subtended by the same arc AD, hence, according to the property of angles subtended by the same arc, they are equal.

Thus ∠BAX = ∠CDX

Since, corresponding sides opposite to the equal angles are proportional.

CX/BX = CD/AB

⇒ CX/3.84 = 9.40/4.40

⇒ CX = (9.40*3.84)/4.40

⇒ CX = 8.2

Thus, length of CX is 8.2cm

The angles BAX and CDX are equal and the length of CX is 8.2 cm

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Jen wants to take group fitness classes at a nearby gym, but needs to start by selecting a membership plan. With the first membership plan, Jen can pay $52 per month, plus $3 for each group class she attends. Alternately, she can get the second membership plan and pay $31 per month plus $4 per class. If Jen attends a certain number of classes in a month, the two membership plans end up costing the same total amount. How many classes per month is that? What is that total amount?

ITS DUE TODAY HELP PLEASE

Answers

The number of classes per month that had same total amount paid was 21

The total amount is $115

How to find the total amount

let the number of group class be represented by x

first membership plan, Jen can pay $52 per month, plus $3 for each group class she attends

= $52 + $3x

second membership plan, Jen can pay $31 per month plus $4 per class

= $31 + $4x

when the total amount are equal

$52 + $3x = $31 + $4x

52 - 31 = 4x - 3x

21 = x

The total amount

= $52 + $3 * 21

= $115

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6. (3x + 1)(x - 2) =
7. (x − 3)(2x - 1) =
8. (x-3y) (2x - y) =
9. (2x - y)(x-2y) =
Hello is there a tutor who can help

Answers

Answer:

6 (3x + 1)(x - 2) = 3x^2 - 2x + x - 2 = 3x^2 - x - 2

7 (x − 3)(2x - 1) = 2x^2 - x - 3x + 3 = 2x^2 - 4x + 3

8 (x-3y) (2x - y) = 2x^2 - yx - 3xy + 3y^2 = 2x^2 - 4xy + 3y^2

9 (2x - y)(x-2y) = x^2 - 3xy + 2y^2 = x^2 - 3xy + 2y^2

A bag of flour weighs 4 pounds the flour is priced per ounce How many ounces of flour are in the bag

Answers

Answer: 64

Step-by-step explanation:

There are 16 ounces in a pound and there are 4 pounds and 4x 16 is 64

Answer:

64 oz.

Step-by-step explanation:

16 oz. = 1 lb.

16 oz. x 4 lbs. = 64 oz.

Consider the following points on the graphs of y = cos(x) and y = cos(x/2), with the added vertical dashed lines:
what are c and d in that order?

Answers

From the given graphs the values of 'c' and 'd' are c = -0.84,

d = 0.84.

What is sinusoidal wave?

A mathematical curve defined in terms of the sine trigonometric function, of which it is the graph, is known as a sine wave, sinusoidal wave, or simply sinusoid. It is a smooth periodic function and a particular kind of continuous wave.

Let the graphs of y = cos(x) and y = cos(x/2) are given.

From this graphs we have to find the value of c and d.

First from y = cos(x) to find the value of 'a'.

Consider, the point  [tex](a, \frac{1}{8})[/tex]

[tex]cos(a) = \frac{1}{8} \\a = cos^-^1(\frac{1}{8})\\ a = 82.82[/tex]

Now to find the value of 'c'.

Plug a = 82.82 in y = cos(x/2).

[tex]cos(\frac{82.82}{2}) = c \\c = -0.84[/tex]

Hence, the value of 'c' is 'c = -0.84'.

Now to find the value of 'd'.

Consider, the point [tex](b, \frac{1}{8})[/tex]

[tex]cosb = \frac{1}{8} \\b = cos^-^1(\frac{1}{8})\\b = 82.82[/tex]

Now, plug b = 82.82 in y = cos(x/2)

[tex]cos(\frac{82.82}{2}) = d\\ d = 0.84[/tex]

Hence, from the given graphs the values of 'c' and 'd' are c = -0.84,

d = 0.84.

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Write an equation of the line in point-slope form that passes through (7,5) and has a slope of m=4

Answers

Answer:

y = 4x – 23

Step-by-step explanation:

(7,5) and m= 4

x1 = 7, y1 = 5

using the one point form formula

y – y1 = m(x – x1)

y – 5 = 4(x – 7)

y – 5 = 4x – 28

y = 4x – 28 + 5

y = 4x – 23

i hope this helps

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At a grocery store, a customer pays a total of $11.10 for 1.6 pounds of chicken
and 2 pounds of fish. Another customer pays a total of $12.15 for 2.4 pounds of
chicken and 1.8 pounds of fish. How much does each cost per pound?

Answers

Each pound of fish and chicken will cost $3.75 and $2.25 respectively

How to determine how much each cost per pound?

A word problem is a mathematical exercise where significant background information on the problem is presented in ordinary language rather than in mathematical notation

Given that:

1. A customer pays a total of $11.10 for 1.6 pounds of chicken

and 2 pounds of fish.

2. Another customer pays a total of $12.15 for 2.4 pounds of

chicken and 1.8 pounds of fish

Let C and F represent the cost of one pound of chicken and fish respectively

Statement 1:

1.6C + 2F = 11.10  ---- (1)

Statement 2:

2.4C + 1.8F = 12.15  ---- (2)

we have simultaneous equations now, let's solve using the elimination method:

1.6C + 2F = 11.10      ---- (1)

2.4C + 1.8F = 12.15  ---- (2)

2.4 × (1.6C + 2F = 11.10) =     3.84C + 4.8F = 26.64

1.6 × (2.4C + 1.8F = 12.15) =  3.84C + 2.88F = 19.44

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

                                                           1.92F  = 7.2

Thus, 1.92F  = 7.2

F = 7.2/1.92 = $3.75

Put F = $3.75 into (1):

1.6C + 2F = 11.10

1.6C + 2(3.75) = 11.10

1.6C + 7.5 = 11.10

1.6C = 11.10 - 7.5

1.6C = 3.6

C = 3.6/1.6 = $2.25

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Please help me with inequalitys

Answers

Answer:

  n = -104

Step-by-step explanation:

You want to identify a solution to the inequality -5 +n/13 < -12.

Solution

Adding 5 we get ...

  n/13 < -7

Multiplying by 13 gives ...

  n < -91

Of the choices available, only -104 is less than -91.

  n = -104

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The value of a company's equipment is $33,000 and decreases at a rate of 12% each year. Write an exponential decay function for the value of the equipment after t years.

Answers

Answer:

Below

Step-by-step explanation:

Value = 33000 ( .88)^t        each year, t , the value is only 88% ( or in decimal:  .88) of the prior year  ( 12 % decrease leaves 88% )

A group of friends were working on a student film that had budget of $400. They used 23% of their budget on equipment. How much money did they spend on equipment?

Answers

Answer: they must have used up around 40% of the money if I’m wrong I’m so sorry

Step-by-step explanation: Good luck!

if you multiply 400 by .23 you’re answer will be 92$
400x.23=92
So they used $92

Last month, Paulina earned $520.60. This month, she works overtime and earns $601.30. What is the percent of increase in Paulina’s earnings? Round to the nearest tenth if necessary.

Answers

The percent of the increase in Paulina’s earnings is 15.55%.

What is the percentage?

The percentage is defined as a ratio expressed as a fraction of 100.

Last month, she earned $520.60. This month, she works overtime and earns $601.30.

The percent of increase = ($601.30 - $520.60)/520.60 x 100%

The percent of increase = (80.7)/520.60 x 100%

The percent of increase = 0.15501 x 100%

Apply the multiplication operation,

The percent of increase = 15.55 %

Thus, the percentage of the increase in Paulina’s earnings is 15.55%.

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Write an equation of the line that passes through (2,-5) and is parallel to the line 2y=3x+10 .

Answers

Answer: [tex]y+5=\frac{3}{2}(x-2)[/tex]

Step-by-step explanation:

[tex]2y=3x+10 \implies y=\frac{3}{2}x+5[/tex]

Parallel lines have the same slope, so the slope of the line we need to find is 3/2.

Substituting into point-slope form, the equation is [tex]y+5=\frac{3}{2}(x-2)[/tex].

It takes Elijah 8 minutes to run 4 laps how many minutes does it take him to run 1 lap?
Topic is unit rate

Answers

Answer:

2 minutes

Step-by-step explanation:

8 : 4 = x : 1

x = 8/4

x = 2

Step-by-step explanation: To find the time it takes Elijah to run 1 lap, we need to divide the time it takes him to run 4 laps by the number of laps he runs in that time. Since it takes Elijah 8 minutes to run 4 laps, the time it takes him to run 1 lap is 8 minutes / 4 laps = ${2}$ minutes per lap.

This calculation illustrates the concept of unit rate, which is the rate at which a quantity changes over a given unit of time or distance. In this case, the unit rate is the time it takes Elijah to run 1 lap, which is 2 minutes per lap. This unit rate allows us to compare the time it takes Elijah to run different distances, and to determine how long it would take him to run a given distance at the same pace.

please help, giving brainliest!

Jaxon models the volume of a popcorn box as a right rectangular prism. Its dimensions are 2 3/4
in by 2 1/4 4 in by 55 in. How many cubic inches of popcorn would it hold when it is full? Round your answer to the nearest tenth if necessary.

Answers

Answer:

30.9 cubic inches

Step-by-step explanation:

This is a volume question. You multiply 2 3/4, 2 1/4, and 5 inches all together.

First you turn it into an improper fraction and multiply. 11/4*9/4 = 99/16

Then multiply this by 5: 99/16 * 5 = 30.9375

Round to nearest tenth: 30.9

Each number within a sequence is called an arithmetic sequence.
True false question.
True
False

Answers

Answer: True

Step-by-step explanation: Take a number on the list minus the previous one, and it shows a constant, then it is an arithmetic sequence.

The answer is True hope this helps

Circle which of the following ordered pairs that are solutions to the given system of linear
inequalities.
(1,2) (3, -4) (-3, -2) (0, 0) (-4,5) (0, 4)

Answers

Answer:

(1,2) - function

(3, -4) - function

(-3, -2) - function

(0, 0) - function

(-4,5) - function

(0, 4) - not a function

Every hour, the population of a colony of bacteria increases by 4% of what the population was at the beginning of the hour. If the population is 2488 at 12 o'clock, what was the population 2 hours before that

Answers

The population 2 hours before that is 2691 if the population of a colony of bacteria increases by 4% of what the population was at the beginning of the hour.

What is meant by population?

A population is a distinct group of individuals that can be distinguished for the purposes of data collection and analysis by at least one feature. Populations are used in statistics and other branches of mathematics. Data is typically collected from a sample while learning about a large population.

Between sample size and population, the population will always be larger in number. The entire group of individuals under study is referred to as the population. 250 persons make up the population in the illustration, which is the same size as the high school under consideration.

We have P₀=2488

Rate of increase=R=4%

Time=2 hours

Bacteria count =P

P=P₀[tex](1+(R/100)^{T}[/tex]

=2488×(1+(4/100))²

=2488×1.0816

=2691.0208≈2691

Therefore, the population 2 hours before that is 2691.

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there are 75 fifth graders and 125 fourth graders. They are going to be grouped in teams for field day with the same number of with the same number of teams if there must also be the same number of fifth graders on each team how many teams can there be at most?
Please Help

Answers

The 25 teams can there be at most.

What is the LCM?

Least Common Multiple(LCM) is a method to find the smallest common multiple between any two or more numbers. A common multiple is a number which is a multiple of two or more numbers.

We have,

75 fifth graders

125 fourth graders.

They are going to be grouped in teams for a field day with the same number of students on each team.

the same number of teams if there must also be the same number of fifth graders on each team.

take the LCM of the 75  & 125 Which is the 25.

3 fifth graders each

5 fourth graders each

Hence, the 25 teams can there be at most.

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One person calls 3 people. The next day, those people each call
3 people. The third day, those people each call 3 people. Write
an expression using exponents for the number of calls made on
the third day.

Answers

Answer:

  3³

Step-by-step explanation:

You want an expression using an exponent to represent the number 3·3·3.

Repeated multiplication

As you know, a coefficient is used to represent repeated addition:

  a + a + a = 3a

The coefficient 3 in the above expression signifies that 'a' appears in the sum 3 times.

Likewise, repeated multiplication can be represented using a specific notation. An exponent signifies the number of times a factor appears in a product:

  a · a · a = a³ . . . . . 'a' is a factor 3 times

Application

You have a sequence of numbers of telephone calls:

  3 the first day

  3·3 the second day

  3·3·3 the third day

The calls on the third day can be represented using an exponent:

  3³

__

Additional comment

When superscript formatting is not available for the exponent, it is signified by a caret (^). The same number is 3^3 when written in plain text.

As you might expect, a plain text exponent must be enclosed in parentheses if it is other than a single letter or number.

Select the correct answer from each drop-down menu. The Rileys are buying a home that costs $250,000. They are paying 3% in closing costs and 12% for a down payment. Complete the statement. The Rileys will pay a total of BLANK in BLANK costs for the closing costs and down payment on their mortgage

Answers

The Rileys will pay a total of $37500 in $250000 cost for the closing costs and down payment on their mortgage.

Given that,

The Rileys are spending $250,000 on a house. They are making a down payment of 12% and paying 3% in closing expenses.

We have to fill the blanks.

We know that,

$250000 Rileys are spending on a house.

The down payment for 12% and closing cost for 3%

So,

$250000×(12+3)%

$250000×15%

$37500

Therefore, The Rileys will pay a total of $37500 in $250000 cost for the closing costs and down payment on their mortgage.

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9(2x + 3y - 5z) expanded form

Answers

Answer:

[tex]18x+27y-45z[/tex]

Step-by-step explanation:

[tex]9(2x+3y-5z)[/tex]

[tex]= 9(2x)+9(3y)+9(-5z)[/tex]

[tex]=18x+27y-45z[/tex]


I would appreciate it if you mark my answer as brainliest.

Answer:  18x + 27y -45z

Step-by-step explanation:

9(2x + 3y - 5z)

= 18x + 27y -45z

Question 4
Is this a function? Explain, why or why not!
Edit View Insert Format Tools Table
12pt Paragraph BIUA 2 TV 00
2 pts
DI

Answers

By using the concept of function, it can be seen that the given figure does not represents a function.

What is a function?

A function from A to B is a rule that assigns to each element of A a unique element of B. A is called the domain of the function and B is called the codomain of the function.

There are different operations on functions like addition, subtraction, multiplication, division and composition of functions.

Here the values on the x axis represents the domain and the values on the y axis represents the Range.

From the figure it can be seen that

For x = 2, there are three points on the y axis.

So the point x = 2 maps to different points on the y axis

So this is not a function

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Hello Everyone
Which one has higher density and lower density

cooking oil
water

I need it like like you know like High density and lower density for the materials i used because
I'm doing density Tower project

Send ASAP

Answers

The classifications of the densities of these objects are given as follows:

Lower density: Cooking oil.Higher density: Water.

What is the density of an object?

The density of an object is calculated as the division of the object's mass by the object's volume, according to the equation presented as follows:

Density = mass/volume.

The standard unit of the mass of an object is in grams per cubic centimeters, that is, g/cm³.

Most of the known substances on earth also have known densities, and two examples are cooking oil and water, for which the densities are given as follows:

Cooking oil: 0.6 g/cm³.Water: 1 g/cm³.

1 > 0.6, hence we have that:

Water has the higher density.Cooking oil has the lower density.

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the quotient of -9and y
show work

Answers

Answer: -9/y

Step-by-step explanation: quotient is a fancy word for divide

-9/y

please help me!!!! i need it done right

Answers

The solution of the system of equations is y = 5 and x = 3, and the difference x - y gives:

x - y = -2

How to solve the system of equations?

Here we have the system of equations:

5x + 3y = 30

-5x - 2y = -25

If we add the two equations we will get:

(5x + 3y) + (-5x - 2y) = 30 + (-25)

y = 5

So just by doing that we found the value of the variable y.

To find the value of x, we can replace the known value of y on one of the equations, doing that we will get:

5x + 3y = 30

5x + 3*5 = 30

5x + 15 = 30

5x = 30 - 15 = 15

x = 15/5 = 3

x = 3

Then the difference x - y gives:

x - y = 3 - 5 = -2

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hello could someone explain the law of sines to me?

Answers

Answer:The law of sines specifies how many sides there are in a triangle and how their individual sine angles are equal. The sine law, sine rule, and sine formula are additional names for the sine law.

Step-by-step explanation:

Which inequality is represented in the following graph?

Answers

43 Beacuse mee smart Beacuse mee smart

If the following series continues the same pattern. What is the next number in the series 1, 10, 7, 16?.

Answers

Answer:

Step-by-step explanation:

28

Isaac has $89,535 in a savings account that earns 8% annually. The interest is not
compounded. To the nearest dollar, how much will he have in total in 4 years?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r
is the interest rate expressed as a decimal, and t is the time in years..
Round your answer to the nearest dollar.

Answers

Answer:

Step-by-step explanation:

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