Swanton Savings Bank pays 5.5% interest compounded quarterly on a regular savings account. John deposited $4400 in regular savings accounts for 1.5 years. How much interest did he earn?

Answers

Answer 1

Answer:

$375.71

Step-by-step explanation:

Given that:

Rate of interest = 5.5% compounded quarterly

Time = 1.5 years

Principal amount deposited in savings account = 1.5 years

To find:

Interest earned = ?

Solution:

Formula for amount with interest compounding quarterly:

[tex]A = P(1+\dfrac{r}{4\times 100})^{4t}[/tex]

Putting the values:

[tex]A = 4400(1+\dfrac{5.5}{4\times 100})^{4\times 1.5}\\\Rightarrow 4400\times 1.01375^6\\\Rightarrow 4400\times 1.085\\\Rightarrow \$ \bold{4775.71}[/tex]

Interest earned = Amount - Principal

Interest earned = 4775.70 - 4400 = $375.71


Related Questions

PLEASEEEE HELPPPPPPP ASAPPPPP

Answers

Answer:

x>-1

Step-by-step explanation:

first, you have to distribute. 12x+8-6>2x-16+8

then you have to combine like terms 12x+2>2x-8

you put the X's on one side 10x+2> -8

move the 2 to the -8 10x>-10

divide x>-1

Answer:

Number 2. x>-1

Step-by-step explanation:

4(3x+2) is 12x+8. 12x+8-6 is 12x+2.

12x+2>8+2(x-8)

2(x-8) is 2x-16. 2x-16+8 is 2x-8.

12x+2>2x-8

12x>2x-10

10x>-10

x>-1

Which of these inequalities are equivalent to r > -11? Check all that apply.
-r -33
-3r 33

Answers

Answer:

the first choice, the third, and the fourth

The inequality which is equal to r>-11 is -3r<33.

What is inequality?

Inequality is like an equation but it is expressed in greater than ,less than ,greater than or equal to and less than or equal to form. It also shows a relationship between two or more variables. We can also change sign by putting negative sign in both sides of the sign.

How to find inequality?

We have been given inequality as r>-11 and we have to find the appropriate equivalent inequality from the given options.

We can find the inequality by multiplying and changing sign by putting negative sign on both sides of sign.

r>-11

Multiply both sides by 3

3*r>-11*3

3r>-33

Change > sign to < sign.

-3r<-(-33)

-3r<33

Hence the inequality which is equal to r>-11 is -3r<33.

Learn more about inequality at https://brainly.com/question/24372553

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What is the slope of the linear function?

Answers

Answer:

the slope is [tex]\frac{7}{4}[/tex]

Step-by-step explanation:

Given: 4y - 7x = 10; solve y

4y - 7x = 10; add 7x to both sides to isolate the 4y variable

4y = 7x + 10; now divide by 4

y = [tex]\frac{7}{4}[/tex]x + [tex]\frac{10}{4}[/tex]; reduce the fraction

y = [tex]\frac{7}{4}[/tex]x + [tex]\frac{5}{2}[/tex]; the slope is

Answer:

m= 7/4

Step-by-step explanation:

Roxanne has already jarred 10 liters of jam and will jar an additional 3 liters of jam every
day. How many days does Roxanne need to spend making jam if she wants to jar 16 liters
of jam in all?
Explain please and how to do the equation

Answers

Answer:

3

My logic:

so she jars 10 on the first day (that is 1 day) and she wants to jar 16. so if you subtract 10 from 16 you get 6. Now we know she wants to jar 6 more, and if she does 3 every day then you would divide 6 by 3 and get 2. 2+1 is 3, so 3 days. (if you cant chose 3 chose 2 because your teacher might not want yo to count the first day)

Hope this helped!

An object is moving at a speed of 850 miles per hour. Express this speed in meters per minute.

Answers

Answer:

it would be 1385

Step-by-step explanation: because 850 miles per hour converted into meter per min would be 22799.04 meters per sec and then u would Find the number in the whole number place 4 and look one place to the right for the rounding digit on the right side of the decimal point 7. Round up if this number is greater than or equal to 5 and round down if it is less than 5

So the answer is 1385

Answer:

22799 meters per minute I don't know how to express

multiply 850 by 26.822 and u should get 22799 well almost

Three computers just scanned for viruses at the same time. Computer A runs a virus scan every 10 days. Computer B runs a virus scan every 12 days, and Computer C runs a virus scan every 16 days. How long will it be until all the computers run a virus scan at the same time again?

Answers

Answer: 240 days.

Step-by-step explanation:

The number of days that it'll will be until all the computers run a virus scan at the same time again will be calculated by solving for the lowest common multiples of the numbers. This will be:

Multiples of 10 = 10, 20, 30, 40, 50, 60, 70, 80, 90, 100, 110, 120, 130, 140, 150, 160, 170, 180, 190, 200, 210, 220, 230, 240.

Multiples of 12 = 12, 24, 36, 48, 60, 72, 84, 96, 108, 120, 132, 144, 156, 168, 180, 192, 204, 216, 228, 240

Multiples of 16 = 16, 32, 48, 64, 80, 96, 112, 128, 144, 160, 176, 192, 208, 224, 240

Here, we can see that the least common multiple is 240. Therefore, all the computers will scan at the same time in 240 days.

Triangles H J K and L M N are congruent. Triangle H J K is rotated about point H to form triangle L N M. Triangle L M N is higher than triangle H J K. How can a translation and a rotation be used to map ΔHJK to ΔLMN? Translate H to L and rotate about H until HK lies on the line containing LM. Translate K to M and rotate about K until HK lies on the line containing LM. Translate K to N and rotate about K until HK lies on the line containing LN. Translate H to N and rotate about H until HK lies on the line containing LN.

Answers

Answer:

Translate K to N and rotate about K until HK lies on the line containing LN.

Step-by-step explanation:

Hope this helps bb's!!

Lots of love and peace your way!!  <3

For a translation and a rotation map of ΔHJK to ΔLMN is given by translating K to N and rotating about K until HK lies on the line containing LN. Option C is correct.

What are translation and rotation?

When a form travels around a fixed point or over the mirror line without altering, it is said to be translating. When a form rotates around a fixed point, it is said to be rotating.

In conclusion, The translation and rotation of the map ΔHJK to ΔLMN Translate K to N and rotate about K until HK lies on the line containing LN.

The image of the triangle translation is attached with the answer below.

Read more about translation

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??????!?????????????????????!?!

Answers

Step-by-step explanation:

if the area of a box is 1 cm^2

then area of triangle is6 cm square

solve equation by factoring 8x^2-8x=0

Answers

Answer: x= 0 or x= 1

Step by step:

Step 1: Factor left side of equation.

= 8x (x – 1) = 0

Step 2: Set factors equal to 0.

= 8x = 0 , x = -1 = 0

= x = 0 , x = –1

If there are 7 boys for every 3 girls, how many boys would there be if there were 60 girls?

Answers

Answer:

140

Step-by-step explanation:

Answer:

140

Step-by-step explanation:

line of best fit - scatter plot questions

Answers

Answer:

d

Step-by-step explanation:

the answer is d cause you can get it later if you know what I mean

What is the y-intercept of the line 3x – 4y = 24?

Answers

Answer:

-4 becuase when you graph it the y intercepts at -4

Step-by-step explanation:

Answer:

y-intercept: (0,-6)

Step-by-step explanation:

To find the y-intercept of an equation you make x equal to 0 and we get the equation -4y=24 when we solve that equation by dividing by -4 from both sides and we get our y which is -6.

Hope this helps you :)

A shipping company charges a $3 flat fee for a package, plus a fee based on the weight of the package. The company charges $0.75 per pound, plus an additional $0.50 for every pound over 12 pounds. . George plans on sending a package that is over 12 pounds. He has $27 to spend on shipping. What is the maximum number of pounds that this package could be? The Maximum number of pounds is

Answers

Answer:

32 pounds

Step-by-step explanation:

$3 flat fee for a package, plus a fee based on the weight of the package. The company charges $0.75 per pound, plus an additional $0.50 for every pound over 12 pounds.

The first step would be to derived an equation

$3 + $0.75

3 + 0.75x

Where x = number of pounds

George plans on sending a package that is over 12 pounds. He has $27 to spend on shipping.

Hence,

3 + 0.75x = 27

0.75x + 3 = 27

0.75x = 27 - 3

0.75x = 24

x = 24/0.75

x = 32 pounds

The maximum number of pounds that this package could be is 32 pounds

What is the percent equation

Answers

I believe that is what it is. :)

Answer:

a fraction with 100 as the denominator and the other fractions denominator 100 and input the other two numbers.

Step-by-step explanation:

PLEASE HELP ME!!!! its due today
Twelve and three tenths more than five and thirteen thousandths of a number d is equal to fifteen and three hundred two thousandths. What is the value of d?

Answers

Answer:

d=5

Step-by-step explanation:

What is the answer and method to find the quotient of 5.25/1.5

Answers

Answer: 3.5

Use long division

HELP PLEASE
I need to know a line that goes through (17,1/3) and (25 1/2,1/2) aka the slope

Answers

Answer:

0.16/8.5

Step-by-step explanation:

so to get the slope use (Y2-Y1) over (X2-X1)

this means that the formula is

1/2-1/3

---------

25.5- 17

When Rhonda was 12, her grandmother made her a quilt. Each pattern in the quilt contained 126 quares. The
pattern was repeated 8 times to make the entire quilt. How many squares were in Rhonda's quit?

Answers

Answer:

B. The quilt consisted of 1,008.

Step-by-step explanation:

You take the initial number of squares the quilt had, which was 126. If that number was repeated 8 times for the entire quilt you would have to take 126*8 and the answer would be 1,008.

If this helped you please click the thanks button.

Thank you and good luck! :-D

Which of these expressions shows unlike terms?

Your answer:

2x +7x


2x+2y


2(x+1)


3x+1x

Answers

Answer:

2x+2y

Step-by-step explanation:

x and y are unlike terms, and the only unlike terms in this list. you cannot add them together – therefore, 2x+2y is the answer you seek.

PLEASE HELP DUE IN 5 MINUTES

Christo graphs AB with endpoints A( -3, -2 ) and B ( -1, -2 ) what are the endpoints of the image after a reflection of AB across the x axis?

1. (-3,2) and (-1,2)

2.(-3.-2) and (-1,-2)

3. (1,-2) and (3,-2)

4. (2,3) and (2,1)

5. none of the above

Answers

Answer:

1. (-3, 2) and (-1, 2)

Step-by-step explanation:

A bathtub filled with 40 gallons of water drains at an average rate of 3 p minute what is the rate of change and initial value of the linear function that models the amount of water in the bathtub after starts draining

Answers

Answer:

The rate of change = 3 gallons of water per minute

initial value = 40 gallons of water

Step-by-step explanation:

Initial volume of the bathtub = 40 gallons of water

Average rate of drain = 3 gallons of water per minute

what is the rate of change and initial value of the linear function that models the amount of water in the bathtub after starts draining?

The rate of change is 3 gallons of water per minute and initial value is 40 gallons of water

The roots of a function f(x) are shown below.
-- 61,124
Which of the following could be f(x)?
A f(x) = x2 + 6x + 3
B
f(x) = x2 - 6x + 3
С
f(x) = x² - 6x-3
D
f(x) = x² + 6x-3

Answers

I think the answer is D

I’ll give the Brainliest to who answers this question with a reasonable explanation.

Find the best buy between 6.2 oz. for $2.97 or 8 oz. for $3.47.

A) Buying 8 oz for $3.47 is the better buy.

B) Buying 6.2 oz for $2.97 is the better buy.

Thank you!

Answers

B- because you only get 1.8 ounces more than the 6.2 for 50c which if you divid 2.97 and 6.2 its less than 50c.
Not sure if its right-

12х – 5y = — 20
y = x+4
can someone help me find the x and y

Answers

Answer:

0 I think because when you plug y in and combine like terms, you get 7x=0

Answer:

(I'm not sure what you're asking but I believe you're asking for the coordinate where they intersect!)

The lines intersect at (0, 4)

Step-by-step explanation:

Question:

12x-5y=-20

y=x+4

1) Simplify the first equation!

12x-5y=-20

Move 12x to the other side (remember when you move numbers to the opposite side of the equation, it makes them negative) to isolate y!

-5y=-20-12x

Divide all numbers by -5 to just get the variable y

y=4+12/5x

2) Solve

I'm going to be solving by substitution since I like this method the best!

y=4+12/5x

y=x+4

1) Set the equations equal to another (you'll be replacing the variable of y for an equation)

x+4 will be replacing y of the other equation

x+4 = 4+12/5x

2) Simplify

Subtract x on both sides

x-x + 4 = 4+ 12/5x-x

4=4+7/5x

Subtract 4 on both sides

0=7/5x

x is equal to 0!

3) Find y

1) Set x equal to 0 in an equation (I'm doing y=x+4 because it's easier!)

y=x+4

y=0+4

2) Simplify

y=4

Answer:

(0, 4)

What’s the gcf of 8 and 52

Answers

Answer:

4

Step-by-step explanation:

Answer:

4

Step-by-step explanation:

Hope i helped

What is the slope of the line represented by the equation 3x - 2y=5

Answers

Answer:

m = 3/2

General Formulas and Concepts:

Pre-Alg

Equality Properties

Alg I

Slope-Intercept Form: y = mx + b

m - slope b - y-intercept

Step-by-step explanation:

Step 1: Define function

3x - 2y = 5

Step 2: Rewrite

Subtract 3x on both sides:          -2y = 5 - 3xDivide -2 on both sides:              y = -5/2 + 3/2xRewrite:                                        y = 3/2x - 5/2

Step 3: Identify

Slope m = 3/2

y-intercept b = -5/2

Brooklyn used the division model to solve the problem
276÷12.
Which quotient matches 276÷12?
A. 3
B. 20
C. 23
D. 50

Answers

Answer:

C. 23

Step-by-step explanation:

Answer:

C. 23

Step-by-step explanation:

12 goes into 276, 23 times

Can someone pls help me I’m really struggling

Answers

I’m pretty sure it’s mutually exclusive

1/4 x 2 2/3, what is the product? (In fraction)

Answers

1/4 * 8/3 = 8/12 = 2/3

Answer:

8/12

Step-by-step explanation:

you want to write out your problem so it is

1/4 * 2 2/3

then you would want to change your 2nd fraction into an improper fraction (i think.  i don't remember the correct term)

so you would multiply the denominator by the whole number on the side and then add the numerator to it

2 2/3 would them become 8/3 (you keep the denominator the same through the process)

so then you would multiply

1/4 by 8/3

multiply across and you get 8/12

Im not a very good explainer but i hope i helped :)

HELLLLP!!!!
A recipe for 16 banana nut muffins calls for one cup of flour the number of muffins that can be made varies directly with the amount of flour used there are 3 1/ 4th cups of flour available how many muffins can be made

Answers

Answer:

52 muffins

Step-by-step explanation:

3 * 16 = 48

48 + 4 = 52

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