Suppose your​ friend's parents invest $20,000 in an account paying 6% compounded annually. What will the balance be after 6 ​years?

Answers

Answer 1

Answer:

28,370.38

Step-by-step explanation:

If accumulated but not compounded

.06 * 20,000 = 1200 per year

1200 * 6 = 7200 total interest

7200 + 20,000 = 27,200

If compounded annually

20,000 * 1.06^6 = 20,000*1.4185 = 28,370.38

Answer 2

just an addtion to the reply above.

[tex]~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$20000\\ r=rate\to 6\%\to \frac{6}{100}\dotfill &0.06\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{annually, thus once} \end{array}\dotfill &1\\ t=years\dotfill &6 \end{cases} \\\\\\ A=20000\left(1+\frac{0.06}{1}\right)^{1\cdot 6}\implies A=20000(1.06)^6\implies A\approx 28370.38[/tex]


Related Questions


The table shows the results of a survey about students' preferred subjects in middle
school. What is the probability that a randomly selected student from the survey is a
7th grader that prefers English? Write your answer as a fraction and NOT as a
decimal.

Answers

Answer:

19/149

Step-by-step explanation:

38/298 = 19/149

7th graders who prefer English out of all students

Can someone help me please i’ll will give brainiest

Answers

Answer:

[tex]y = (5 + x)^2[/tex]

Step-by-step explanation:

"The square of the sum of x and 5 is equal to y."

Let's use our clue words that indicate what our equation will be.

Let's start easy, equal to y.

y =

Now let's look at the rest of the sentence minus the phrase we just used.

The square of the sum of x and 5.

The sum of x and 5 goes first,

x + 5

and since we are looking for the square of x + 5:

(5 + x)^2

therefore,

[tex]y = (5 + x)^2[/tex]

Answer:

square of y looks like y2

five times y2is written 5y2

square of x looks likes x2

usually, a mathematical expression is written in alphabetical order x2+5y2

Kayla-

HOPE I GET BRAINLIEST!

Please help me solve this
Show work

NO LINKS!!!!!

Answers

Answer: The first one 5/10 is 0.5 or 50% 5÷10. The second one 5/100 is 0.05 or 500%. The third one 5/1000 is 0.005 or 5000%.

Step-by-step explanation:

All you have to do is divide and you do that for all of them. Also did you know quotient means the answer to a division question. Wow! Also, if you see that all I did was add another zero in the middle of the decimals is because That is Decimal Place value. Here is a picture of that just in case.  The last answer for the very bottom one is what I just said about decimal place value so here is the reflection: When dividing by tens using decimals always be sure to use place value. Thank you I was happy to help!

The figures are similar. Find x.

Answers

Answer:

x=15

Step-by-step explanation:

divide 20 by 8 and you get 2.5

multiply 2.5 by 6

x = 15

Explanation: Do 8/20 = 6/x. Then cross multiply to get 8x = 120/8. Divide by 8 in both sides to get X by itself. You are now left to solve 120 divided by 8. The answer will be 15 when you divide that.

-5 (2b+7) + b < -b -11

Answers

B11 took this class from Tokyo

Answer:

b > -3

Step-by-step explanation:

-5(2b+7) + b< -b - 11

Distribute -5

-10b - 35 + b < - b - 11

Combine like terms.

-9b - 35 < - b - 11

Add b to both sides.

-8b - 35 < -11

Add 35 to both sides.

-8b < 24

Divide by -8. REVERSE THE SYMBOL!! because dividing by a negative number.

b > -3

PLS HELP ASAP THANKS ILL GIVE BRAINLKEST PLS THANKS PLS ASAP PLS PLS HELP ASAP THANKS

Answers

Answer:

A. MO/SA = OE/AW

Step-by-step explanation:

A. would be your correct answer because if you analyze the triangles you can see that the similar sides would be MO and SA, OE and AW, and ME and SW. In all of the answers, they compare sides that arent similar like OE/SW. However, in the first answer, the sides they compare are indeed similar, as you can see by what I listed above. These sides are similar because they are both the adjacent and opposite sides of each triangle.

Hope this helps! :)

candy had some money. she bought a drink for £1.45 and a piece of cake for £1.20 she now has two thirds of her money left. how much money did candy to start with? i suck at fraction

Answers

The amount of money Candy started with after spending on drinks and cakes is £7.95

How to find the amount of money she started with?

She bought a drink for £1.45 and a piece of cake for £1.20.

She has two thirds of here money left.

Let the money she has initially  = x

Therefore,

2 / 3 x = x - 1.45  - 1.20

2 / 3 x = x - 2.65

subtract x from both sides

2 / 3 x - x = - 2.65

2x - 3x / 3 = - 2.65

- x / 3 = - 2.65

cross multiply

-x = - 2.65 × 3

- x = -7.95

x = £ 7.95

Therefore, Candy started with £7.95

l

earn more on amount here: https://brainly.com/question/16969113

#SPJ2

If the ratio of homes without children to homes with children is about 8:7 if there is 4125 homes how many are without children

Answers

Answer:

2200

Step-by-step explanation:

8+7=15 4125/15=275 275x8=2200

Solve for x. 3 (x-4) < x-5

Answers

Answer:

x < 7/2

Step-by-step explanation:

-3/5x-7/10x+1/2x = -56

Answers

Answer:

x=70

Step-by-step explanation:

Sophia has 7m of ribbon to help decorate a room. She will cut pieces of a ribbon that are each r inches long. (1in = 2.54cm)

Which expression can help find the number of pieces of ribbon that she will have?

Answers

I’m pretty sure it’s, D, if not, it’s C, I haven’t done this in a few years so correct me if I’m wrong, but I’m more sure it’s D.

What is 5 divided by 1/4?
A 1/20 |
B 5/4
C 4/5
D 20

Answers

Answer:

D. 20

Step-by-step explanation:

You do KEEP CHANGE FLIP:

Multiply 5 by 4. You get 20/1 which is 20

can you help me please?

Answers

Answer:

93

Step-by-step explanation:

The sum of the interior angles of a triangle is 180 degrees. The given measures, 37 and 56, sum up to 93. 180-93 = 87. This means the last interior angle is 87 degrees. But, the degree measure of a straight line is also 180 degrees, so 180-87 is 93, the answer.

Stanley has $18 to spend on packs of trading cards that cost $1.50 each. The inequality 18≥1.5p represents the number of packs p he can buy. What is the greatest number of whole packs Stanley can buy?

Answers

Answer:

Numbers of packs p is 12

Step-by-step explanation:

Data :

  Money  = $18

 Price of a  card = $1.5

 Equation     :    18 ≥ 1.5p

Solve the equation  for p

       18/1.5  ≥  p

     12 ≥ p

Help pls!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

im not good in this but thats insane.

12 meters

or what is problem?

graph the equation.
- 5/4 (x-1)(x+3)

Answers

Answer:

Step-by-step explanation:

So, to graph a parabola we must have at least 3 points, the x intercepts and the turning point. Currently the equation is in x intercept form which means that we know straight away (assuming the equation =0) that the x intercepts are:

(1,0) and (-3,0)

Now we have to find the turning point and we can do this by putting the equation into turning point form:

-5/4([tex]x^{2} +2x-3[/tex])

-5/4(([tex](x+1)^{2} -3-1[/tex])

-5/4[tex](x+1)^{2}+5[/tex]

Now we can figure out the turning point which is:

(-1,5)

Graph those three points and you should get a parabola shape

Please give me right answer fast need it by tonight

Answers

the answer is d bcs its on the paperp
The answer is $312.50, C. Please give brainliest if you can! I hope the answer is sufficient!

Translate the sentence into an equation. The sum of 8 times a number and 9 equals 6. Use the variable y for the unknown number.​

Answers

Answer:

8y + 9 = 6

Step-by-step explanation:

8 times a number (8y) and 9 (+9) equals 6 (=6)

8y+9=6 8 times number (unknown making it y) it says sum leading to + 9 and equals 6 =6

Rob buys a rocking chair priced at 27$. if the sales tax is 10%, what will be the total cost including tax?

Answers

Answer:

$29.7

Step-by-step explanation:

10 percent of 27 is 2.7 then you add 27 and 2.7 and you get 29.7

Given the lengths of two sides of a triangle. write an inequality to indicate between which two numbers the length of the third side must fall. 8 and 13. 11.5 and 23.6. 22 and 15. 13.2 and 6.7. and 23 and 44. answer for each of the problems like __< 3 rd side<__

Answers

Answer:

1. 5 <3rd side<21 2. 12.1<3rd side<35.1

Step-by-step explanation:

Answer:

1: 5 < 3rd side <21

2: 12.1< 3rd side < 35.1

3: 7<3rd side < 37

4: 6.5 < 3rd side 19.9

5 : 21 < 3rd side 67

Step-by-step explanation:

For example you have 5 and 10

you take 5 + 10 to get your side and you do

the biggest number - the smaller number to get the _ <3rd.

So if you have 5 and 10 you know that it would be 5 < 3rd side < 15

PLEASE HELP ME TO UNDERSTAND​

Answers

Answer:

x > 0

Step-by-step explanation:

The denominator is positive for any value of x.

So we solve the numerator:

5ˣ - 1 > 05ˣ > 15ˣ > 5⁰x > 0

Can someone please help me? :(

Answers

answer is A,B and E, (5.0,0.9,0.5)

The sides of One World Trade Center in New York City form
eight isosceles triangles, four of which are 200 ft long at their base BC. The
length AC of each sloping side is approximately 1185 ft.

Answers

The value of ∠BAC in the isosceles triangle is 9.7°

Cosine rule

Cosine rule is used to show the relationship between the sides and angles of a triangle. It is given by:

a² = b² + c² - 2bc*cos(A)

where a, b, c are the sides of the triangle and A, B, C are the angles opposite the sides.

AB = AC = 1185 (isosceles), BC = 200, let ∠BAC = x°, hence:

200² = 1185² + 1185² - 2(1185)(1185)cos(x)

2(1185)(1185)cos(x) = 2808450

cos(x) = 0.9857

x = 9.7°

The value of ∠BAC in the isosceles triangle is 9.7°

Find out more on Cosine rule at: https://brainly.com/question/7872492

circle has a radius of 13 cm, What is its circumference?

Answers

Answer:

C≈81.68cm is the answer.

Someone help me with this pls

Answers

Answer:

  x° = 55°

Step-by-step explanation:

An exterior angle is equal to the sum of the remote interior angles:

  x° = 21° +34°

  x° = 55°

How do I answer this?

Answers

Answer:

2k³ is the GCF.

Step-by-step explanation:

GCF of [tex]10k^{3} ,6k^{3}[/tex]

Finding the factors:

=10k³[Factoring 10k³]

=2×5×k×k×k

=6k³[Factoring 6k³]

=2×3×k×k×k

Common factors in 10k³ and 6k³.

=2×k³

=2k³

10k^3=2×5×k×k×k6k^3=2×3×k×k×k

GcF

[tex]\\ \tt\hookrightarrow 2(k)(k)(k)[/tex]

[tex]\\ \tt\hookrightarrow 2k^3[/tex]

Find the product of (x 5)(x − 5). X2 − 10x 25 x2 10x 25 x2 − 25 x2 25.

Answers

Product of two polynomials can be done by distribution of multiplication over addition. The product of [tex](x+5)(x-5) = x^2 - 25[/tex]

What is distributive property of multiplication over addition?

Suppose a, b and c are three numbers. Then we have:

[tex]a(b + c) = a\times b + a\times c[/tex]

(a(b+c) means a multiplied to (b+c). The sign of multiplication is usually hidden when using symbols and both quantities which are in multiplication are written together without space)

The product result of the given expression is obtained as:

[tex](x+5)(x-5) = x(x - 5) + 5(x - 5) \\\\(x+5)(x-5) = x^{1+1} - 5x + 5x - 25 = x^2 - 25[/tex]

Thus,

The product of [tex](x+5)(x-5) = x^2 - 25[/tex]

Learn more about polynomial product here;

https://brainly.com/question/9106484

pls help
Match the following items by evaluating the expression for x = -2.

x ^-2


x ^-1


x ^0


x ^1


x ^2


50 points!

Answers

Answer:

Exponent rules used:

[tex]a^{-b}=\dfrac{1}{a^b}[/tex][tex](-a)^b=a^b \ \ \ \textsf{if b is even}[/tex][tex]a^0=1, \ a\neq 0[/tex]

[tex]x^{-2}=\dfrac{1}{x^2}= \dfrac{1}{(-2)^2}=\dfrac{1}{2^2}=\dfrac14[/tex]

[tex]x^{-1} = \dfrac{1}{x}= \dfrac{1}{-2}=-\dfrac12[/tex]

[tex]x^0=1\implies (-2)^0=1[/tex]

[tex]x^1=x =-2[/tex]

[tex]x^2=(-2)^2=2^2=4[/tex]

In recent days, Rudy has worn a brown shirt on 5 days and shirts in other colors on 5 days. Considering this data, how many times would you expect Rudy to wear a brown shirt in the next 12 days?

Answers

Answer:

6

Step-by-step explanation:

5/10

1/2

then 6 trust me

7. Arrival of the Normandy Train
Claude is waiting to meet the train from Normandy at Gare Saint-Lazare in Paris. He
tells Marie the hour of the train's arrival and he tells Jean at which minute it arrives. He
also tells them both that the train arrives between 0600 and 1000.
They consult the timetable and find the following services between those times:
0620, 0639, 0650; 0717, 0746; 0825, 0839; 0917, 0925, 0950.
Marie then says, “I don't know when Claude's train arrives, but I'm sure that neither does
Jean."
Jean replies, “I didn't know his train, but now I do."
Marie responds, “Now I do as well!"
When is Claude's train and how do you know?

Answers

Answer:

0839

Step-by-step explanation:

First of all, let's cancel 0620 and 0746, because they dont have any other number that has the same last 2 digits as them. Jean would've immediately known the train number if it was one of these two.

Now, when Marie says "I'm sure that neither does Jean", it means she is guaranteed Jean doesn't know the train number. It mean she couldnt've gotten 06 or 07, as 0620 and 0746 have it.

We're left with 0825,0839,0917,0925 and 0950
When Jean replies he knows the train number, it means he couldnt've gotten 25, as it's repeated.

And when Marie responds she knows as well, she couldnt've gotten 09, as it's also repeated.

We can cancel 0825,0917,0925 and 0950

So, the train number is 0839

Other Questions
Help me please please please Is someone able to translate for me? Im in 8th grade and dont know how to find m/s^2. Or acceleration from Force and mass can someone help me. "Statistics show that senior dogs are adopted far less than younger dogs"Is this Ethos Pathos or Logos? What are the answers for number 5 and 7- teacher said they were wrongthx due tomorrow Find tan B. WILL MARK BRAINLIEST What is the range for this set of data?7, 15, 12O 3O 5O 8O 12 Ordered: 30 mg. Available: 6 mg/2 ml. How many cc's should be given? please help now it kinda important i get it done soon or i cant go to a dance for my school tomorrow. im begging u ill give u 5 stars and a thanks and maby even a showt out thats how much this means to me. What is the y-intercept of the line Described the importance of developing strategies to conduct educational research. please help!! . Is the accounting profession responded in a timely, comprehensive, and effective manner to stakeholders and business current challenges? Explain Describe the translation of figure ABCD. Complete the sentence to explain your answer. Please answer Urgent! 50 Points! its about goldNow describe the properties of the compound you picked. Compare the properties of thecompound with the properties of the elements that comprise it. How do you explain thedifference Microbiotics currently sells all of its frozen dinners cash-on-delivery but believes it can increase sales by offering supermarkets 1 month of free credit. The price per carton is $160, and the cost per carton is $95. The unit sales will increase from 1,110 cartons to 1,170 per month if credit is granted. Assume all customers pay their bills and take full advantage of any credit period offered. Required:If the interest rate is 1% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers? Choose the inequality that represents the following graph. Choose 1 answer: Choose 1 answer: (Choice A) A x < 2x 2x>2x, is greater than, 2 (Choice D) D x \geq 2x2 Which is an example of a housing expense?O A. Food deliveryO B. Bus fareO C. A car paymentD. Renter's insurance Rationalize the denominator! Question in the picture What did anton van leeuwenhoek first look at with the microscope.