How much should be invested at 7% compounded daily for 15 years to make $200,000?

Answers

Answer 1

The amount of money that should be invested at 7% compounded daily is $199,421.68.

How to calculate compound interest.

Mathematically, compound interest is given by this formula:

[tex]A=P(1+\frac{r}{n} )^{nt}[/tex]

Where:

A is the future value.P is the principal.R is the interest rate.T is the time measured in years.n is the number of times compounded.

Given the following data:

Future value = $200,000.

Interest rate = 7% = 0.07.

Time = 15 year.

Substituting the given parameters into the formula, we have;

[tex]200000=P(1+\frac{0.07}{365} )^{ 15}\\\\200000=P(1+0.00019)^{15}\\\\200000=P(1.00019)^{15}\\\\200000=1.0029P\\\\P=\frac{200000}{1.0029}[/tex]

P = $199,421.68.

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Related Questions

Find the value of x.

I’m desperate for help

Answers

Answer:

the answer is 24 since 24 x 5 = 120

Step-by-step explanation:

Hope this helps you!

Rachel's aunt gave her $85 to spend on
school spirit items. Rachel bought 4 pens
for $0.85 each, a hoodie for $45.50, and
5 folders for $2.79 each. How much
money did she have left?
A $22.15
B $19.36
C $62.85
D $35.86

Answers

The amount Rachel has left of the amount given to her by her aunt after she makes the purchases is  $22.15.

How much does Rachel have left?

In order to determine the amount she would have left, determine the total value of the purchases and subtract it from the amount she was given.

Total value of the purchases = (4 x 0.85) + 45.50 + (5 x 2.79) = $62.85

Change =  $85 - $62.85 = $22.15

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solve the system of equations 25-x=-4y and 3x-2y=30

Answers

Answer:

the system of equations 25-x=-4y and 3x-2y=30

Step-by-step explanation:

the system of equations 25-x=-4y and 3x-2y=30

Answer:

(7, -9/2)

x=7

y=-9/2

Step-by-step explanation:

1. x=25+4y

2. 3x-2y=30

substitute 1 in 2

3. 75+12y-2y=30

simplify

10y=-45

y=-9/2

substitute y in to the second equation 3x-2y=30

3x+9=30

3x=21

x=7

Question 13 options:


What is the slope of the line of the graph?

Answers

Answer:

Step-by-step explanation:

To find the slope, pick any two points fromthe line.

(2,2)  & (0,-4)

x₁ = 2 & y₁ = 2

x₂ = 0 & y₂ = - 4

[tex]\boxed{Slope=\dfrac{y_{2}-y_{1}}{x_{2}-x_{1}}}[/tex]

          [tex]\sf =\dfrac{-4-2}{0-2}\\\\\\ =\dfrac{-6}{-2}\\\\\\=3[/tex]

Slope = 3

At y-intercept x = 0.

From the graph, y-intercept = -4

Equation of the line: y = mx + b

y = 3x - 4


Which choice describes an equation
that has a solution set of
"All real numbers"?
3(x + 1) = 3x + 3

Answers

Answer:

Step-by-step explanation:

Remark

Choose any number at all and see what happens.

Suppose x = 8

3*(8 + 1) = 3*8 + 3

3(9) = 27

3*8 + 3 = 24 + 3 = 27

What you have shown is that the second choice is incorrect. There is at least one value that makes the equation correct (that is, both sides come to the same result.)

If choice two is false then choice one must be true since these results may give the only 2 possible results.

What is the largest whole number I could be if 9 + I is larger than 28?

Answers

Answer:

20 and greater than 20

If you add 9 and 20, you get 29, which is one greater than 28.

__________________________________________________________

Questions?

Ask me in the comments box.

what’s the volume 9m,8m,9m

Answers

Answer:

9 x 8/2 = 36  l     36 x 9 = Volume

Step-by-step explanation:

we know base is a triangle to to find volume is area of the base times the height and on the right side of the figure, (look at photo) the height is 9 so just do 36 times 9 to get the volume.


hope this helps :D have a good night!

A ten sided die is rolled.
P (3 or 5)

Answers

Answer: 1/5 or 20%



Step by Step Explanation:

Since there is 10 possible out comes, and you favor 2 of them, roling the die once will give you a 10/2 or 1/5 chance of getting 3 or 5.

Formula:  Number of outcomes divided by Favorable Outcomes

Use the graph to complete the follow statement. _____ cm of rain fell in total on Tuesday.

Answers

I don’t know the answer is 19 I guess

Write -1/3c^2(1.2d^2-6c) as a polynomial

Answers

Answer:

[tex]-\dfrac25c^2d^2+2c^3[/tex]

Step-by-step explanation:

[tex]-\dfrac13c^2(1.2d^2-6c)[/tex]

[tex]\implies -\dfrac13c^2 \cdot 1.2d^2+\dfrac13c^2 \cdot 6c[/tex]

[tex]\implies -\dfrac{1.2}{3}c^2d^2+\dfrac63c^2c[/tex]

[tex]\implies -\dfrac25c^2d^2+2c^3[/tex]

A sphere has a volume of 33.5 cubic inches. Which value is closest to the radius of this sphere in inches?

Answers

Answer:

3.26

Step-by-step explanation:

33.5/3.14 = 10.66 ( when rounded to the nearest tenth).

10.66 square rooted is 3.26

The required radius of the sphere is 2 inch.

Volume of sphere = 33.5 cubic inches . Radius of sphere to be determine.

What is volume?

Volume, is defined as mass gained per unit cube of density.

Here, area of sphere = [tex]4/3\pi r^3[/tex]

                         33.5 = 4/3 πr³
                              r³ = 33.5 * 3/4π
                              r  = 2


Thus, the required radius of the sphere is 2 inch.

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Standing at a trailhead, you look up at a 54° angle and see your friend's cell phone reflecting the sun. You know that she is at the top of the 1200-foot cliff and you call her to say you'll meet her at the bottom of the cliff. How many feet will you have to walk to meet? Round to the nearest tenth.

Answers

Answer:

871.9 feet,

Step-by-step explanation:

tan 54 = 1200/ x   where x is the distance you have to walk.

x = 1200 / tan54

= 871.85

please help with the question​

Answers

Answer: (A) 11,-2/5

Step-by-step explanation:

when we solve the equation we get x=10 -5/2y and  3 x- 10 y = 37

then we substitute the value of "x"  3 (10-5/2y)- 10y=37

then we substitute the value oh "y" y= -2/5

solution

(x,y) = (11, -2/5)

Please help I'm stuck​

Answers

Answer:

C, those who vote FOR the Ballet Measure tend to be from District 2.

Step-by-step explanation:

Look carefully, read the questions! Okay! Cya!

Those who vote for the ballot measure tend to be from District 2. The correct option is C.

How to calculate the relative frequency of the data?

To calculate the relative frequency, we need to divide each cell value by the total number of people who voted. This will give us the proportion of people in each category.

District 1:

For: 13/75 ≈ 0.1733

Against: 12/75 ≈ 0.16

District 2:

For: 15/75 ≈ 0.2

Against: 10/75 ≈ 0.1333

District 3:

For: 9/75 ≈ 0.12

Against: 16/75 ≈ 0.2133

Based on the relative frequencies, we can see that the highest proportion of people who voted for the ballot measure is from District 2 (0.2),

While the highest proportion of people who voted against the ballot measure is from District 3 (0.2133). Therefore, the association that the two-way table suggests is:

The correct option is C.

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I need help on this ​

Answers

Answer:

a) 1/8

b) 8

Step-by-step explanation:

a) 1/2 x 1/2 x 1/2 = 1/8

b) since the exponent is negative it becomes positive when placed in the denominator

so 1/2 ^-1 is equal to 1/1 ÷ 1/2 which is equal to 2

therefore, (1/2)^-3 is equal to 2 x 2 x 2 or 8

Determine the equation of the circle graphed below.
10
-10 -8 -6
-4
-2
8
6
4
N
N
+
69
O
2
6
8 10

Answers

Answer:

[tex]\implies x^2+y^2-4x -6y+9=0[/tex]

Step-by-step explanation:

Circle is touching y-axis at point (0, 3) and is centered at (2, 3)

-> h = 2, k = 3 & r = 2 units (If a circle touches y -axis then x coordinate of the center will be it's radius)

Equation of circle in standard form is given as:

[tex](x-h)^2 +(y-k)^2 =r^2[/tex]

Plugging the values of h, k and r in the above equation, we find:

[tex](x-2)^2 +(y-3)^2 =2^2[/tex]

[tex]\implies x^2-4x +4+y^2-6y+9=4[/tex]

[tex]\implies x^2+y^2-4x -6y+4+9=4[/tex]

[tex]\implies x^2+y^2-4x -6y+9=0[/tex]

This is the required equation of the circle.

Jacob has $4,800 to invest in a saving account. He receives a steady interest rate of 3. 35% compunded quarterly. He would like to save or the next 5 years and then take his money out. What would be his balace at the end of the 5 years?


$9,354. 20



$7,211. 74



$5,671. 30



$5,604. 0

Answers

Answer:

5671.30

Step-by-step explanation:

periods = 5 years quarterly = 20 periods

 interest per period  .0335/4     (4 periods per year)

   initially 4800

FV = future Value = 4800 ( 1 + .0335/4)^20 = 5671.30

PLEASE ANSWER - BRAINLIEST IF 2 ANSWERS - 5 STAR RATING - THANKS (PROFILE TOO)
Each month, Alex’s cellphone plan costs
$15, plus $0.10 per minute of use.
Which graph could represent Alex’s total
monthly cost?

Answers

Answer:

Graph-d

Step-by-step explanation:

We are given that,Each month, Alex’s cellphone plan costs $15 and additional 0.10 per minute of use. The equation that would represent Alex's total monthly costs would be linear equation (equation of a line). Linear equation has the following form:

[tex]y = mx + b[/tex]

in this case,

m represents the cost of Alex's per minute of useb represents the initial costs of Alex's cellphone planm represents the number of minutesy represents the amount of total monthly cost

Since Alex’s cellphone plan initially costs $15, b would be 15 . Again he has to pay an additional cost of $0.10 per minute of use. hence, m would be 0.10 or ⅒ . Therefore our equation of line is

⇒[tex]y=\dfrac{1}{10}x+15[/tex]

In conclusion

Graph d represents Alex’s total monthly cost

Two of the interior angles of a triangle are 50° and 75°. Which of the following could be a measure of an exterior angle of the triangle?

Answers

Answer:

Step-by-step explanation:

so, 50+75=125.

180-125=55.

There can be-

130, 95, and 125

someone please answer these 3 questions

Answers

Answer:

5 prism all have same volume

Step-by-step explanation:

A contractor records the areas, in square feet, of a small sample of houses in a neighborhood to determine data about the neighborhood. they are: 2,400; 1,750; 1,900; 2,500; 2,250; 2,100 which of the following represents the numerator in the calculation of variance and standard deviation? (225)2 (–425)2 (–275)2 (325)2 (75)2 (–75)2 = 423,750 (650)2 (–150)2 (–600)2 (250)2 (150)2 (–300)2 = 980,000 (250)2 (–400)2 (–250)2 (350)2 (100)2 (–50)2 = 420,000 what is the variance? what is the standard deviation, rounded to the nearest whole number?

Answers

Option c is the correct answer which represents the numerator in the calculation of variance and standard deviation.

What are the variance and standard deviation?  

In statistics, variance is a measure of the variation of data from the mean, whereas standard deviation is the measure of the normal distribution of statistical data.

A contractor records the areas, in square feet, of a small sample of houses in a neighborhood to determine data about the neighborhood.

2,400; 1,750; 1,900; 2,500; 2,250; 2,100

we need to find which of the following represents the numerator in the calculation of variance and standard deviation.

(225[tex])^{2}[/tex] + (–425[tex])^{2}[/tex]+ (–275[tex])^{2}[/tex] + (325[tex])^{2}[/tex] + (75[tex])^{2}[/tex]+ (–75[tex])^{2}[/tex] = 423,750

(650[tex])^{2}[/tex] + (–150[tex])^{2}[/tex] + (–600[tex])^{2}[/tex] + (250[tex])^{2}[/tex] + (150[tex])^{2}[/tex] + (–300[tex])^{2}[/tex] = 980,000

(250[tex])^{2}[/tex] + (–400[tex])^{2}[/tex] + (–250[tex])^{2}[/tex] + (350[tex])^{2}[/tex] + (100[tex])^{2}[/tex] + (–50[tex])^{2}[/tex] = 420,000  

92416.60

The variance is 84000

The standard deviation is 290

mean = (2400+1750+1900+2500+2250+2100)/6

mean = 2150

Subtract the data values from the mean to get

2400-2150 = 250

1750-2150 = -400

1900-2150 = -250

2500-2150 = 350

2250-2150 = 100

2100-2150 = -50

The differences are 250, -400, -250, 350, 100, -50

Then you square those values and add up the squares

(250)^2 +  (-400)^2 +  (-250)^2 +  (350)^2 +  (100)^2 +  (-50)^2 = 420,000

Hence, option c is the correct answer which represents the numerator in the calculation of variance and standard deviation.

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An angle measures 142° more than the measure of its supplementary angle. What is the measure of each angle?

Answers

Answer:

161° and 19°

Step-by-step explanation:

supplementary angles =180

(142+x)+(x)=180

142+2x=180

2x=180-142

2x=38

x=19

142+19=161


Lila is ordering photos online. Each photo costs $0.08, and there is a shipping charge of $4.00.
How many photos can Lila order for $20?

Answers

Answer:

4 almsot 5. The exact answer is 4.90196078431

Step-by-step explanation:

each photo cost $4.08 with shipping. 20 dvided by 4.08 is 4.90196078431. But since you cant order 0.9 of a photo Lila can order only 4.

Think carefully about the angle relationship the following represents.







What is the value of x?


Think carefully about the angle relationship the following represents.







What is the value of x?


48


66


24


33

Item at position 2
2
1 point

Item at position 2
Based on your value of x in question #1, what is the value for \angle EHF∠EHF



Based on your value of x in question #1, what is the value for \angle EHF∠EHF



132 degrees


96 degrees


180 degrees


90 degrees

Item at position 3
3
1 point
Item at position 3
Think carefully about the angle relationship the following represents.







What is the value of x?


Think carefully about the angle relationship the following represents.







What is the value of x?


90


20


12


5/2

Item at position 4
4
1 point

Item at position 4
Think carefully about the angle relationship the following represents.







What is the value of \angle ZXY∠ZXY?


Think carefully about the angle relationship the following represents.







What is the value of \angle ZXY∠ZXY?


29 degrees


55 degrees


90 degrees


20 degrees

Item at position 5
5
1 point

Item at position 5
Think carefully about the angle relationship the following represents.







What is the value of x ?


Think carefully about the angle relationship the following represents.







What is the value of x ?


42


18


26


5

Item at position 6
6
1 point

Item at position 6
Think carefully about the angle relationship the following represents.







What is the value of \angle JML∠JML?


Think carefully about the angle relationship the following represents.







What is the value of \angle JML∠JML?


180 degrees


90 degrees


100 degrees


126 degrees

Answers

Answer:

See below ↓↓↓

Step-by-step explanation:

Subquestion #1

These angles form a linear pairThey are supplementary, and add up to 180°2x + 48 = 1802x = 132x = 66

Subquestion #2

These angles are complementary, and add up to 90°35 + 4x + 7 = 904x + 42 = 904x = 48x = 12

Subquestion #3

As in #1, they are a linear pair, and are supplementary3x + 54 = 1803x = 126x = 42

#1

Linear pair

[tex]\\ \rm\Rrightarrow 2x+48=180[/tex]

[tex]\\ \rm\Rrightarrow x+24=90[/tex]

[tex]\\ \rm\Rrightarrow x=66[/tex]

#2

Complementary angles

[tex]\\ \rm\Rrightarrow 4x+7+35=90[/tex]

[tex]\\ \rm\Rrightarrow 4x+42=90[/tex]

[tex]\\ \rm\Rrightarrow 4x=48[/tex]

[tex]\\ \rm\Rrightarrow x=12[/tex]

4x+7=4(12)+7=55°

#3

[tex]\\ \rm\Rrightarrow 3x+54=180[/tex]

[tex]\\ \rm\Rrightarrow 3x=126[/tex]

[tex]\\ \rm\Rrightarrow x=42[/tex]

32/4 times (16 times 1 over 2) minus 2 show your work I NEED HELP ASAP PLSSSS MY DAD IS GOING TO KILL ME

Answers

Answer:

62

Step-by-step explanation:

In this scenario, we would use BODMAS to determine where to start.

B - Brackets

O- Of

D - Division

M - Multiplication

A - Addition

S - Subtraction

First, let's start with the brackets.

16 X [tex]\frac{1}{2}[/tex] is the same as 16 X 0.5.

16 X [tex]\frac{1}{2}[/tex] = 8

Next is the division sum.

32 ÷ 4 = 8

Afterwards, we multiply both answers.

8 X 8 = 64

Your answer is then minused by 2 and leads to the final answer.

64 - 2 = 62

Find a 99% confidence interval for each of the following. Round to the nearest tenth if necessary. 1. x = 75, s = 10, and n =64 2. x = 56,5 = 2, and n= 50. 3. X = 40, s = 3, and n = 36​

Answers

The 99% confidence interval will be (71.76, 78.23), (55.27, 56.73), and (38.71, 41.29).

How to calculate the confidence interval?

The test statistic for 99% confidence interval is 2.58. Therefore, the 99% confidence interval when x = 75, s = 10, and n =64 will be:

= [75 - (10 × 2.58)/✓64, 75 + (10 × 2.58)/✓64,]

= 71.76, 78.23

The 99% confidence interval when x = 56,5 = 2, and n= 50 will be:

= [56 - (2 × 2.58/✓50), 56 + (2 × 2.58/✓50)]

= 55.27, 56.73

The 99% confidence interval when x = 40, s = 3, and n = 36 will be:

= [40 - (3 × 2.58)/✓36, 40 + (3 × 2.58)/✓36]

= 38.71, 41.29

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Can you help me with this problem it is greatly appreciated

Answers

Answer:

Mikiala,  just remember  π is just a number. sooo

Step-by-step explanation:

we need a formula for area of a cone which is  (1/3) * π * r² * h

A = area , then

A=  (1/3) * π * r² * h

now just solve with the known info

A = 1/3 * π* [tex]6^{2}[/tex] *16

A= 192π

Answer:

603.2

Step-by-step explanation:

Formula for volume of cone: [tex]\frac{1}{3}[/tex][tex]\pi[/tex][tex]x^{2}[/tex]h

if you answer correctly i will mark you brainliest

Answers

Answer:

200

Step-by-step explanation:

main steps in solving algebraic equations are number one we tie the up the equation. So basically expand any brackets or divide out any fractions.

Help me find the answer to this area of a kite problem

Answers

Answer:

Below in bold.

Step-by-step explanation:

Area of a kite = 1/2 * D1 * D2   were D1 and D2 are the 2 diagonals

D1  = 5 + 2.5 = 7.5 and D2 = 2*44444.5 = 9

So area = 1/2 * 7.5 * 9

= 33.75.

Answer:

33.75 Ft

Step-by-step explanation:

(5*4.5)/2+(5*4.5)/2+(4.5*2.5)/2+(4.5*2.5)/2

ing a Reflection in the
oordinate Plane continued
angle XYZ is reflected across the y-axis to form
ure X'Y'Z'.



for classroom use.

Answers

Step-by-step explanation:

17) no problem were noticed, just:

reflecting across Y-axis changes the coordinate 'x', no changes for coordinate 'y';

reflecting across X-axis changes the coordinate y, no changes for coordinate 'x'.

For more info see the attached picture.

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