Use the formula for computing future value using compound interest to
determine the value of an account at the end of 4 years if a principal
amount of $2,500 is deposited in an account at an annual interest rate of
5% and the interest is compounded daily. (Assume there are 365 days in
a year.)
The amount after 4 years will be $
(Round to the nearest cent as needed.)

Answers

Answer 1

The Total amount after 4 years will be $3000 and interest will be $500.

The rate at which you borrow or lend money is called the simple interest. If a borrower takes money from a lender, an extra amount of money is paid back to the lender. The borrowed money which is given for a specific period is called the principal. The extra amount which is paid back to the lender for using the money is called the interest.

You calculate the simple interest by multiplying the principal amount by the number of periods and the interest rate. Simple interest does not compound, and you don’t have to pay interest on interest. In simple interest, the payment applies to the month’s interest, and the remainder of the payment will reduce the principal amount.

The simple interest calculation's mathematical formula:

A = P (1+rt)

P = Principal Amount

R = Rate of interest

t = Number of years

A = Total accrued amount (Both principal and the interest)

Interest = A – P.

Total amount after 4 years

⇒ $2,500 (1+5%×4)

⇒ $2,500 ×1.2\

⇒ $3000

interest= $3000 - $2,500=  $500.

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Related Questions

There is a line whose Y intercept is -5 and whose slope is 0. What is its equation in slope – intercept form?

Answers

Key ConceptsLinear equations Slope-intercept form

Slope-intercept form looks like this: [tex]y=mx+b[/tex]

m = slopeb = y-intercept

Solving the Question

We're given:

m = 0b = -5

Plug the given values into y=mx+b:

[tex]y=0x-5\\y=-5[/tex]

Answer

[tex]y=-5[/tex]

(6x-20)° + (6x-4)=180

Answers

Answer: The answer is 17

Step-by-step explanation:

First of  you combine both 6x to get 12x and then you add the negatives to negative 24. you add 24 to the 180 and get 204 to isolate x. then you divide 204 by 12 and cancel it the 12 to isolate x and get x=17

Hope this helps :3

The drawing represents a soccer field with goal areas on either end. The scale for the drawing is5m for each grid unit

Answers

Answer:

it got sides and all the sides are 5cm

an elevation
elevation of 20.5 m
of 15 m and an

Answers

The angle of elevation made from the eyes of the observer to the top of the tower is 45°.

What is defined as the term angle of elevation?

The angle of elevation is the angle formed by the horizontal line of sight and the upward line of sight.

For the given question;

The height of the observer is 1.5 meters.The height of the tower is given as 22 meters.The distance of the tower from the observer is 20.5 meter.

The angle of elevation of the top of the tower to the eyes of the observer is needed.

Thus, for this subtract the height of the observer to the height of tower;

height from the eyes to the tower is 22 - 1.5 = 20.5 m.

Thus, apply the trigonometric rule to calculate the angle;

tan Ф = perpendicular/base

perpendicular is the height of tower from the eyes of boy = 20.5 meter.

base is the distance of the tower from the boy = 20.5 meter.

Put the values;

tan Ф = 20.5/20.5

tan Ф = 1

Ф = 45°.

Thus, the angle of elevation made by the eyes of the observer to the top of the tower is  45°.

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The complete question is -

An observer 1.5 metres tall is 20.5 metres away from a tower 22 metres high. Determine the angle of elevation of the top of the tower from the eye of the observer.

Find the average rate of change of Find the average rate of change of
g
(
x
)
=
5
x
3
+
2
from
x
=

1
to
x
=
3

Answers

Answer:

eldinosauriocomera3.5kilos de carne :)

Step-by-step explanation:

what is a rate and a unit rate

Answers

Answer: a unit rate is how much would you pay for one item  and a rate is a fixed price for a good or service

Step-by-step explanation:

A rate is a ratio that compares quantities of difference. kinds of unit.

Which of the relations shown does NOT represent y as a function of x?

Answers

The graph which does not represent y as a function of x is (B) as a line drawn can't touch the graph at two points.

The function that dose not show y as a function of x.

Y is a function of X, means that a certain variable magnitude or phenomenon Y is determined/caused by another magnitude or phenomenon X, such that the behavior of X will affect that of Y. In logic, a function symbol is a logical symbol that may be applied to an object term to produce another object term.

If a vertical line is drawn such that it touches more than one place, then it is not a function of x.

Here also if a vertical line will be drawn it will touch two places in the curve.

So, in figure B, y is not a function of x.

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As a line created can't touch the graph at two locations, graph (B) does not represent y as a function of x.

The function that hides y's relationship to x.

A variable's magnitude or phenomena Y is determined by or caused by a different variable's magnitude or phenomenon X, meaning that X's behavior will have an impact on Y's. A function symbol in logic is a logical symbol that can be used to transform one object term into another.

A vertical line is not a function of x if it is drawn so that it touches many locations.

In this instance as well, a vertical line drawn here will strike the curve twice.

Y is not a function of x in figure B, therefore.

I’m so confused can someone help me pls

Answers

Answer:

In so confused to here's a picture that might help a little bit

It’s just 10+7 for the fill in blank

There are two different mountains in the
state of Washington that get record snowfall.
One winter season, Mount Ranier received
1,224 inches of snow. Mount Baker received
1,140 inches of snow. What is the total
snowfall of these two mountains?

Answers

Answer:

2364 in

Step-by-step explanation:

1,224+1,140=2364

Write an expression that represents the paycheck total for
any number of hours worked.

Answers

Answer: h x 5

Step-by-step explanation: it is going by 5 every hour and every hour you get paid goes up by 5$. so I would say h x 5   or pt x 5

hw        pt

40   /    8.50 . 40

pt = paycheck total

hw= hours worked

1 Over 25

One-fifth

1

25

Answers

Answer:

25

Step-by-step explanation:

Divide: 5 : 1/5 = 5/1 · 5/1 = 5 · 5/1 · 1 = 25/1 = 25 Dividing two fractions is the same as multiplying the first fraction by the reciprocal value of the second fraction. The first sub-step is to find the reciprocal (reverse the numerator and denominator, reciprocal of 1/5 is 5/1) of the second fraction. Next, multiply the two numerators. Then, multiply the two denominators.In other words - five divided by one fifth is twenty-five.


I hope this helps! Thanks!

please help I cannot find the answer

Answers

Answer:

1.55 lbs

Step-by-step explanation:

take 6 ⅕ and divide it by 4 since there are 4 bags, you can also turn it into a decimal (6.2)

Answer:

1.55lbs of cat food in each bag

Step-by-step explanation:

question 1) simply divide the total amount of cat food by the number of bags it is placed in.

6 1/5lb divided by 4

[tex]6 \frac{1}{5} \div 4[/tex]

when dividing fractions, the divisor is flipped over and the sign changes to multiplication.

[tex]6 \frac{1}{5} \times \frac{1}{4} [/tex]

[tex] \frac{31}{5} \times \frac{1}{4} [/tex]

therefore=

[tex] \frac{31}{20} [/tex]

or as a decimal 1.55lbs

Which best describes slope?
*
A. A comparison of the change in y-values to the change in x-values
B. The measured slant or steepness of a line
C. "Rise over run"
D. All of the above

Answers

D. All of the above

Karen puts a fence around an L shaped garden with dimensions 2.1ft by 7.8ft by 5.5ft by2.7ft how many feet of fencing will she need

Answers

Karen while putting a fence around the L shaped garden will need about 22.3 ft which is the exact perimeter of this field, with its dimensions as given as 2.1ft by 7.8ft by 5.5ft by2.7ft of the garden.

In arithmetic, how do you handle perimeter?

Any kind of closed path that covers, encircles, or outlines a full one-dimensional length or a two-dimensional shape is called as a perimeter.

The circumference of a circle or an ellipse is referred to as its perimeter. There are varied uses in real life for the perimeter calculations.

For example, in case of a rectangle, there are two equal lengths and two equal widths in a rectangle. Then we must sum up all the lengths of the rectangle’s four sides in order to get its final perimeter.

Since there are like two of each side length, it is easy to accomplish this perimeter by simply adding the length and width and then multiplying the result by two.

In this problem,

Total perimeter = 2.1 + 5.1 + 2.1 + 2.5 + 2.7 + 7.8

= 22.3 ft

Thus, the perimeter has been calculated in total as 22.3 ft.

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solve Question 4.........

Answers

Answer:

5/16

Step-by-step explanation:

9/16 - 1/4 = 9-4/16 = 5/16

Based on what you learned about Gerya in the article you read today, how can scientists study Mars if they can't directly
observe what is happening there?
I

Answers

Even though scientists can't directly observe what is happening on Mars, they can send satellites to orbit Mars which can document the various aspects of Mars and its geography.

How can we observe Mars?

Thanks to massive strides in space technology, humans have been able to study Mars all the way from Earth without having to observe the planet directly.

The main way they can do this is by positioning satellites around Mars which will orbit the planet. These satellites will record and observe things such as the composition of the atmosphere of Mars and how its terrain works.

In conclusion, scientists can use satellites to observe Mars.

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On a test of 80 items, Pedro got 91% correct. (There was partial credit on some items.) How many items did he get correct? incorrect?

Answers

Answer:

Step-by-step explanation:

to find this answer you have to know how to make a percent of something to a normal value so to make 91% to a decimal value you divide by 100. That is 0.91. Then you multipy 0.91 x 80=72.8

He got 72 questions right

One jar of jam weighs 516 g what is the weigh of 7 jars of jam?

Answers

if 1 jar of jam is 516 then 7 jars of jam is 3612 g

HELP ASP SHOW UR WORK YOULL GET BRAINLEST

Answers

Answer:

x = 8

Step-by-step explanation:

Subtract

44

from both sides

2

Simplify

3

Add

8x

to both sides

4

Simplify

5

Divide both sides by the same factor

6

Simplify

Gina might buy 10 oranges and _ apples

Answers

The number of apples that Gina can buy is 15 apples.

How to illustrate the information?

From the information, it was stated that the ratio of orange to apples is 2:3.

In this case, let the number of apples be represented by x

Therefore, the number of will be:

2/3 = 10/x

Cross multiply

2x = 10 × 3

2x = 30

Divide

x = 30 / 2

x = 15

Therefore, the number of apples that Gina can buy is 15 apples.

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The ratio of orange to apples is 2:3. Gina might buy 10 oranges and _ apples

Ken invested $10,000 in two bank accounts. One of the accounts pays 4% annual interest, and the
other account pays 6% annual interest. If the combined interest earned in both accounts after a
year was $514, how much money was invested in each account?

Answers

Ken invested $5,700 in the 6% account, and the other $4,300 in the 4% account.

How much money was invested in each account?

Let's define the variables:

x = amount of money on the 4% account.y = amount of money on the 6% account.

We know that Ken invested $10,000 in total, so:

x + y = 10,000

And the interest in one year is:

x*0.04 + y*0.06 = 514

Then we have a system of equations:

x + y = 10,000

x*0.04 + y*0.06 = 514

To solve it we start by isolating one of the variables in one of the equations, isolating x we will get:

x = 10,000 - y

Replacing that in the other equation we get:

(10,000 - y)*0.04 + y*0.06 = 514

400 - y*0.04 + y*0.06 = 514

400 + y*0.02 = 514

y = (514 - 400)/0.02 = 5,700

Then Ken invested $5,700 in the 6% account, and the other $4,300 in the 4% account.

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Anthony want to have $250,000 in 8 years. If her account is paying 14% interest compounded continuously, how much should she invest in now?

Answers

The principal investment required to get a total amount of $250,000.00 rounded to the nearest cent is $81569.95.

What is the principal investment required to get the given accrued  amount?

The formula for calculating compound interest is expressed as;

A = P(1 + r/n)^(n*t)

P = A / e^(r*t) compounded continuously

Given the data in the question;

Accrued amount A = $250,000Time t = 8 yearsAnnual interest = 14% = 14/100 = 0.14compounded continuously

Plug the given values into the equation above and solve for P

P = A / e^(r*t)

P = 250,000 / e^( 0.14 × 8 )

P = 250,000 / e^( 1.12)

P = 250,000 / e^( 1.12)

P = $81569.95

Therefore the principal investment required to get a total amount of $250,000.00 rounded to the nearest cent is $81569.95.

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How many cubes of dimensions 15, 30 and 15 cm will be need to form a cube? please give step by step answer to write in exam

Answers

4 cuboids of dimensions 15, 30, and 15 cm will be needed to form a cube

The volume of the cuboid is l×b×h where l is length, b is breath and h is the height

The volume of given cuboid  = l b h

 = 15× 30 ×15

= 6750 cm3

The volume of a cube is a3 where a is the edge of the cube

The edge of the cube can be 30cm

The volume of cube= [tex]a^{3}[/tex]

= [tex]30^{3}[/tex]

= 27000 [tex]cm^3[/tex]

To find out the number of cuboids to be required to form a cube will be the volume of the cube divided by the volume of a cuboid

No of cuboids required = (volume of the cube)/(volume of the cuboid)

= 27000/ 6750

 = 4

So, 4 cuboids of 30 ×15 ×15 are required to make a cube whose edge is 30cm

The correct question is How many cuboids of dimensions 15, 30, and 15 cm will be needed to form a cube

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Write the range of the graph using interval notation.

Answers

Answer:

[0, infinity)

Step-by-step explanation:

The range is the set of y-values.

A tringle is shown.

The triangle is translated 5 units down, then reflected over the x-axis.

Select the Polygon tool. Then, click the points of the triangle vertices to create the triangle by connecting the sides. ​

Answers

The triangle was translated 5 units down and then reflected over the x axis to get (-1, 2), (2, 6) and (-5, 8)

What is transformation?

Transformation is the movement of a point from its initial location to a new location. Types of transformations are reflection, rotation, translation and dilation.

Transformation is the movement of a point either up, down, left or right in the coordinate plane.

The triangle shown has vertices at (-1, 3), (2, -1) and (-5, -3). It was translated 5 units down to get (-1, -2), (2, -6) and (-5, -8). It is then reflected over the x axis to get (-1, 2), (2, 6) and (-5, 8)

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A radio station requires DJ’s to play 3 commercials for every 15 songs they play. What is the unit rate of songs to commercials?

Answers

A division is a process of splitting a specific amount into equal parts. If a radio station requires DJ’s to play 3 commercials for every 15 songs they play. Then 5 is the unit rate of songs to commercials

What is Division?

A division is a process of splitting a specific amount into equal parts.

A radio station requires DJ’s to play 3 commercials for every 15 songs they play.We use division because it is a process of splitting a specific amount into equal parts.

By the given data formulate

15 divided 3

15/3

=5

We get the result 5.

Therefore the unit rate of songs to commercials is 5.

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In a survey of 95 pet owners, 56 said they own a dog, and 37 said they own a cat. 34 said they own both a dog and a cat? How many owned a dog but not a cat?

Answers

Based on the number of people who said they own a dog and those who owned both a cat and a dog, the number of people who own a dog but not a cat are 22 people.

How to find those who own a dog?

To find the number of people who own a dog but not a cat, the formula is:

= Number of people who own a dog - Number of people who own both a dog and a cat

Solving for the number who own a dog and no cats is:

= 56 - 34

= 22 people

In conclusion, 22 people own a dog but not a cat.

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A trial is one specific execution of an experiment.
t or f

Answers

Answer:

Step-by-step explanation:

f

find the value of the variable and the measure of each labeled angle!
x=
x=
simplified =
please help me im struggling

Answers

Answer:

Hello! X should equal 17 and each measured angle would be at 37 degrees.

Step-by-step explanation:

(x + 20) = (4x - 31)

Solve.

x = 17

Plug it in.

(17 + 20) = (4(17) - 31)

Solve.

37 = 37

Hope this helps! Xx

A researcher post a newspaper ad for 20$ for 5 people

Answers

Answer:

100$

Step-by-step explanation:

5x20=100

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