Aubrey invested $7,100 in an account paying an interest rate of 5.6% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account after 19 years?

Answers

Answer 1

The amount of money in Aubrey's account after 19 years will be $20,424.

What is compound interest?

Compound interest is the interest on a loan or deposit calculated based on the initial principal and the accumulated interest from the previous period.

We know that the compound interest is given as

A = P(1 + r)ⁿ

Where A is the amount, P is the initial amount, r is the rate of interest, and n is the number of years.

Aubrey invested $7,100 in an account paying an interest rate of 5.6% compounded quarterly.

Assuming no deposits or withdrawals are made.

Then the amount of money in Aubrey's account after 19 years will be

P = $ 7100

r = 0.056/4 = 0.014

n = 4 x 19 = 76

Then we have

A = 7100 (1.014)⁷⁶

A = $ 20,424

More about the compound interest link is given below.

https://brainly.com/question/25857212

#SPJ1


Related Questions

Which function had the same y-intercept as the function y= 2/3 x-3

Answers

Answer:

y-intercept of the function [tex]y=\frac{2}{3}x-3[/tex] is -3.

Step-by-step explanation:

We need to find the function that had the same y-intercept as the function [tex]y=\frac{2}{3}x-3[/tex]

(Note: Since the options are not given, so I will find the y-intercept of the given equation and you can match it with the functions and find the y-intercept of the required function)

The equation given [tex]y=\frac{2}{3}x-3[/tex] is written in slope-intercept form i.e [tex]y=mx+b[/tex] where m is slope and b is y-intercept.

Comparing equation [tex]y=\frac{2}{3}x-3[/tex] with [tex]y=mx+b[/tex] we get the value of b = -3

So, y-intercept of the function [tex]y=\frac{2}{3}x-3[/tex] is -3.

Now, for the options (not included) in the question, you can find y-intercept and function that have y-intercept = -3 will be the answer.

A model baseball bat was designed using a scale factor of 1:3. If the
model bat is 10 inches long, how many inches long is the real bat?

Answers

I believe it would be 30 inches

Help please I need this asap :’)

Answers

Answer: Line C

Step-by-step explanation:

Because when you use the slope formula on it you get a negative slope. Also the line in going down unlike the other lines which are goign up.

Find the value of 42 - (-10)
*explain how to solve*​

Answers

Answer: 52

Step-by-step explanation:

42-(-10) first since your multiplying the two negative signs with each other it turns into a positive and looks like 42+10 and 42+10=52

10+8+5+ ? HELPPPPPPPPPPPPPP

Answers

Answer: the answer is 23

Step-by-step explanation:

Answer:

23

Step-by-step explanation:

10+8+5=23

Someone cut a whole pizza into 3 equal parts she gave her four children the same amount of one of the sections what part of the whole pizza did she give each one of her children?

Answers

Answer: 1/12 of the whole pizza

Step-by-step explanation:

Someone cut a whole pizza into 3 pieces.

This means that the pizza was cut into 1/3 slices each.

She then gave her 4 children one of these sections to share equally.

The part each child got is:

= 1/3 ÷ 4

= 1/3 * 1/4

= 1/12 of the whole pizza

Note: When dividing fractions, you can multiply the first fraction by the inverse of the second fraction to find your answer.

Which describes this transformation?

Answers

I don’t know what you’re asking. Do you have a picture related to your question? :(

help me please
A triangle has two sides of length 4 and 7. What is the smallest possible whole-number length for the third side?

Answers

Answer:

The smallest possible length for the 3rd side must be 4

Step-by-step explanation:

Any 2 sides combined must be greater than the 3rd side

Help plz and please tell me how u got the answer

Answers

Answer:

I think is 2/3

Step-by-step explanation:

Answer:

2/3

Step-by-step explanation:

COP is slope which is rise over run.

Use the Distributive Property. -9(2x-4y)

Answers

Answer:

-18x-36y

Step-by-step explanation:

Distributive Property:

-9*2x=-18x

-9*4y=-36y

-18x-36y

Simplify:
-5(6x + 3y - 1)
A. - 30x - 15y- 5
B. -30x - 15y +5
OC. – 30x + 15y - 5
D. --30x + 15y + 5
NEED HELP

Answers

The answer is B. -30x-15y+5. Hopefully that helps

Please answer this question

Answers

Answer:

I think the scale factor would be 1/6

Answer:

1/6

Step-by-step explanation:

3 feet = 3*12 = 36

Scale factor = 6/36 = 1/6

ella purchased 9 rews & umpts for about $24. Rews are $1 each and umpts are $6. write a system of equations in standard form to model relationship between rews (x) and umpts (y)

Answers

the answer would be 24= 1x+6y

I need help with this Geometry question. I think it’s law of sines :(

Answers

Answer:

17.628 = 17.6

Step-by-step explanation:

Pls help only answer if you know the answer for sure.

Answers

it’s c because what’s on the right is what’s on the left except it’s exactly twice as many oppose to the others, they are either not twice as much on the right as on the left or they are just random

Answer:

C

Step-by-step explanation:

If you graph this, it will be a straight line.

It is, therefore, a linear function.

x + 23 = −4 need help

Answers

Answer:

-27

Step-by-step explanation:

x+23−23=−4−23

x=−27

The answer is x=-27

what is an equation of a line that has a slope of 6 and a y-intercept of (0,12)​

Answers

y=6x+12 (y=mx+b format) hope this helps!

If f(x)=x-6 and g(x)=x^1/2(x+3) , find g(x) X f(x) .

Answers

Answer:

(B).

Step-by-step explanation:

√x(x + 3)(x - 6) = √x(x² - 3x - 18) = [tex]\sqrt{x^{5} }[/tex] - 3[tex]\sqrt{x^{3} }[/tex] - 18√x

help me solve this please
A: ∠D≅∠N
B: NQ=5,PQ=12
C: ∠P≅∠N
D: No more information is needed; we already know they are similar.

Answers

Answer:

angle P congruent to angle N

Step-by-step explanation:

You know the angles at Q are congruent.

If angle P is congruent to angle N, then angle R is congruent to angle D.

Then both triangles are similar.

Please help me with the correct answer

Answers

Answer:

y=2(-2)+3

y=-1

y=2(-1)+3

y=1

y=2(0)+3

y=3

y=5

y=7

Answer:

(From left to right)

1st y (output):   -1

2nd y (output):   1

3rd y (output):   3

4th y (output):   5

5th y (output):   7

Step-by-step explanation:

Substitute each x (input) into the given equation and solve. For example, to get the first y (output), substitute "-2" into the "x" in the equation, giving you "y = 2(-2) +3", then solve it.

Multiply 2(-2) to get -4, then add 3 to get -1.

Simplify The ANSWER PLZ HELP ASAP DUE TOMORROW!
(9x+7)+(3m-2)+(8n+9)

Answers

Answer:

9x + 3m + 8n + 14

Step-by-step explanation:

Add all like terms.

7 -2 + 9 = 14

You can't do anything with the variables since they're all different.

9x + 3m + 8n + 14

Answer:

3m+8n+9x+14

Step-by-step explanation:

btw try math-way!! helps

Need help. Offering brainliest and 20 points for this.

Answers

It’s 10 tho ???? lolol

Answer:

[tex]4P+2G=96\\3P+1G=60 or 3P+G=60[/tex]

Step-by-step explanation:

Given in the question:

a) A family paid $96 for 4 pool passes and 2 gym memberships.

b) Later that day, an individual bought pool passes for herself and 2 of her friends, and 1 gym membership for her. She paid $60.

Let's write the system of equations for each purchase  that happened in the scenario.

Let,

P=Price of each pool passes

G= Price of each gym membership

We get,

a) A family paid $96 for 4 pool passes and 2 gym memberships:

[tex]4P+2G=96[/tex]

b) Later that day, an individual bought pool passes for herself and 2 of her friends , and 1 gym membership for her. She paid $60:

[tex]3P+1G=60[/tex]

Therefore, the equations generated in the scenario were:

[tex]4P+2G=96\\3P+1G=60 or 3P+G=60[/tex]

Where,

P=Price of each pool passes

G= Price of each gym membership

PLEASE MARK ME AS BRAINLIEST

Gerardo divides 1/2 by 2, and then divides the quotient by 2 again. Draw a circle to represent one whole. Then use it to explain how Gerardo's work is similar to dividing 1/2 by 4.

Answers

Answer:

Kindly check attached picture for circle illustration.

Step-by-step explanation:

The whole circle = 1

Half the circle = semicircle = 1/2

Half the semicircle = 1/4

Half of 1/4 = 1/8

Hence, Geraldo would obtain 1/8

Normal calculation:

1/2 ÷ 2

1/2 * 2/1 = 1/4

Quotient = 1/4

Quotient / 2

1/4 ÷ 2

1/4 * 1/2

= 1/ 8

Write an algebraic expression for the verbal expression: three times the sum of X and Y increase by five times the product of x and 3y.

Answers

Answer:

3(x+y)+15xy

Step-by-step explanation:

Write an algebraic expression for the verbal expression: three times the sum of X and Y increase by five times the product of x and 3y.

Sum of x and y = x+y

three times the sum of X and Y = 3(x+y)

product of x and 3y  = x(3y) = 3xy

five times the product of x and 3y = 5(3xy) = 15xy

Three times the sum of X and Y increase by five times the product of x and 3y will be expressed as;

3(x+y) + 15xy

Hence the required algebraic expression is 3(x+y)+15xy

Which point on the number line best represents 10?




Help me plz

Answers

Answer: F

Step-by-step explanation:

Answer:

H

Step-by-step explanation:

3.3 x 3 = 9.9 which is close to 10 so its H

need help finding x

Answers

Answer:

x=-8

Step-by-step explanation:

[tex] \frac{6}{x - 1} = \frac{4}{x + 2} [/tex]

[tex]6x + 12 = 4x - 4[/tex]

[tex]6x - 4x = - 12 - 4[/tex]

[tex]2x = - 16[/tex]

[tex]x = - 8[/tex]

3y + 5x =15



dhnsnsishbsdn


Answers

Answer:

x= −3/5y +3 y= -5/3 + 5

Step-by-step explanation:

Answer:

If we are solving for y we move all terms that don't contain y to the right side and solve.

So y = 5 - 5x/3

(x + 3)2 – (2x – 1)2

Answers

Answer:

-2x+8

Step-by-step explanation:

What is the equation, in standard form, of a parabola that models the values in the table?

x= -2, 0, 4
f(x)= 2.5, 1.5, -60.5

Answers

Answer:

y=-2.5[tex]x^{2}[/tex]+4.5x+1.5

Step-by-step explanation:

standard form of equation of parabola is,

y=a[tex]x^{2}[/tex]+bx+c

For x=0

1.5=0a+0b+c

1.5=c

For x=-2,

2.5=4a-2b+c

substituting the value of c

2.5=4a-2b+1.5

on solving,

4a-2b=1____________(1)

For x=4,

-60.5=16a+4b+c

substituting the value of c,

-60.5=16a+4b+1.5

on solving,

16a+4b=-62_______(2)

Multiplying equation 1 by 2,

8a-4b=2_______(3)

adding equation 2 and 3

16a+4b+8a-4b=-62+2

24a=-60

on solving,

a=-2.5

substituting the value of a in equation 1,

10-2b=1

2b=9

b=4.5

hence, equation of parabola in standard form is,

y=-2.5[tex]x^{2}[/tex]+4.5x+1.5

Is the following sequence arithmetic?
-14, 86, 186, 286, ...

A.No
B.Yes

Answers

No I think I’m not sure
Yes it is ! Because it goes up 100 every single time! -14 to 86 is 100, 86+100=186, and 186+100=286!
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