Jacob is going to invest $15,000 and leave it in an account for 6 years. Assuming the
interest is compounded quarterly, what interest rate, to the nearest hundredth of a
percent, would be required in order for Jacob to end up with $17,000?

Answers

Answer 1

The rate that Jacob would require to be able to end up with $17, 000 from $15, 000 after 6 years is  0.52%

How to find the rate?

To find the rate, you can use a spreadsheet. The relevant function would be the rate function.

Nper = Number of periods = 6 years x 4 quarters per year = 24 quarters

Pv = $15, 000

Fv = $17, 000

The interest rate required by Jacob would be given as:

= 0.005228753

= 0.52%

In conclusion, Jacob would require a periodic interest rate of 0.52%.

Find out more on interest rate at https://brainly.com/question/2719272

#SPJ1


Related Questions

A shipping container will be used to transport several 40-kilogram crates across the country by rail. The greatest weight that can be loaded into the container is 25500 kilograms. Other shipments weighing 4800 kilograms have already been loaded into the container. What is the greatest number of 40-kilogram crates that can be loaded into the shipping container?

Answers

The greatest number of 40-kilogram crates is 517.5.

From the question, we have

Weight of the crate = 40 kg

Greatest weight that the container can load = 25500 kilograms

Weight of the other shipments on the container = 4800 kg

So the greatest number of 40 kg crates = c

Therefore, the weight of the other shipment + weight of crate x number of crates ≤ greatest weight of the container

4800 + 40c ≤ 25500

40c ≤ 25500 - 4800

40c ≤ 20700

c ≤ 517.5

Hence, the greatest number of 40-kilogram crates is 517.5.

Subtraction:

Subtraction represents the operation of removing objects from a collection. The minus sign signifies subtraction −. For example, there are nine oranges arranged as a stack (as shown in the above figure), out of which four oranges are transferred to a basket, then there will be 9 – 4 oranges left in the stack, i.e. five oranges. Therefore, the difference between 9 and 4 is 5, i.e., 9 − 4 = 5. Subtraction is not only applied to natural numbers but also can be incorporated for different types of numbers.

The letter "-" stands for subtraction. Minuend, subtrahend, and difference are the three numerical components that make up the subtraction operation. A minuend is the first number in a subtraction process and is the number from which we subtract another integer in a subtraction phrase.

To learn more about subtraction visit: https://brainly.com/question/2346316

#SPJ1


For which values of A, B,
and C
will Ax+By = C be a vertical line
through the point (9, 3)?

Answers

Answer:

See below

Step-by-step explanation:

A vertical line is just x =

 so if   a = 1   b = 0    and c = 9     would be a vertical line through the point

   so you wind up with         x = 9

I would like to be walked through this and see if my answer is correct as well as how to do it

Answers

Answer:

  perimeter = 16 ft

Step-by-step explanation:

You want the perimeter of an isosceles triangle with side length 5 ft and altitude 4 ft.

Base length

The side lengths being equal mean the triangle is isosceles. That also means altitude PS bisects the peak angle and segment QR. Once we find the length QS using the Pythagorean theorem, we can double that measure to find QR.

The Pythagorean theorem tells us ...

  QS² +PS² = QP²

  QS² +(4 ft)² = (5 ft)²

  QS² = (25 ft²) -(16 ft²) = 9 ft² . . . . . evaluate squares, subtract 16 ft²

  QS = √(9 ft²) = 3 ft

Now we know the base length is ...

  QR = 2·QS = 2(3 ft) = 6 ft

Perimeter

The perimeter is the sum of the outside edge lengths:

  Perimeter = PQ +QR +RP

  Perimeter = (5 ft) +(6 ft) +(5 ft) = 16 ft

The perimeter of ∆PQR is 16 feet.

__

Additional comment

With some practice, you can learn to recognize a 3-4-5 right triangle. That is the triangle used here for each of the right triangles that make up ∆PQR. Once you identify the long side as 4 and the hypotenuse as 5, you know immediately the short side is 3.

The set {3, 4, 5} is called a "Pythagorean triple." Other triples commonly seen in high school problems are {5, 12, 13}, {7, 24, 25}, {8, 15, 17}. Legs of these lengths form a right triangle. Knowing any two (or their ratio) tells you immediately the value of the third. Of course, these triples can be scaled by any factor. (3, 4, 5) scaled by 2 is (6, 8, 10), another commonly seen triple.

There are no isosceles right triangles that have integer values for both the legs and the hypotenuse. If the legs are both 4, the hypotenuse will be 4√2 ≈ 5.657... (an irrational number), not 5.

Terry deposits a principal amount of $500 in a savings account that earns an annual rate of simple interest. If he makes no deposits or withdrawals, he will earn $40 in simple interest in 4 years. What is the annual rate of simple interest?

Answers

[tex]~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\dotfill & \$40\\ P=\textit{original amount deposited}\dotfill & \$500\\ r=rate\to r\%\to \frac{r}{100}\\ t=years\dotfill &4 \end{cases} \\\\\\ 40 = (500)(\frac{r}{100})(4) \implies 40=20r\implies \cfrac{40}{20}=r\implies \stackrel{\%}{2}=r[/tex]

Meldie made a cube whose side is (3x - 2) inches. Find its volume in cubic inches.

Answers

Answer:

x^2(3x-2) cubic inches OR in^3

OR

3x { 3 [ 3x ( x - 2 ) + 4 ] } - 8 cubic inches OR in^3

I AM UNAWARE IF YOU ASKED THAT ONE SIDE IS (3X-2) OR ALL. I WILL ANSWER BOTH PARTS

-

NOTE: '^' MEANS TO THE POWER OF..

-

Volume = v, abc = 3 sides of cube (height, width, length)

Using the formula for volume in a cube,

[tex]v = abc[/tex]

We can solve this.

If one side is (3x-2)in,

(3x-2)(x)(x) = v.... x are the other two sidesx^2(3x-2) = v

x^2(3x-2) cubic inches OR in^3

If all sides are (3x-2)in,

Use the formula,

[tex](a - b) ^{3} = {a}^{3} + 3ab(b - a) - {b}^{3} [/tex]

We can solve this.

(3x-2)(3x-2)(3x-2) = v(3x-2)^3 = v.... 3x = a and -2 = b(3x)^3 + [(3)(3x)(2)][2-3x] - (2)^3 = v27x^3 + 18x(2-3x) -8 = v(27x^3 + 36x - 54x^2) - 8 = v.. Terms inside brackets - take 3x as common and leave out 83x(9x^2 -18x +12) = v... Take 3 as common again in the brackets3x [ 3 ([3x^2 -6x] + 4) -8 = v....Take 3x common in the terms in square brackets3x [ 3 [ 3x (x-2) + 4 ]] - 8 = v3x { 3 [ 3x ( x - 2 ) + 4 ] } - 8 = v

3x { 3 [ 3x ( x - 2 ) + 4 ] } - 8 cubic inches OR in^3

___

If you have any questions regarding formulas or anything, comment and I will get back to you asap.

___

28 divided by x + 4 = 11

Answers

Answer:

x= -16/11

Step-by-step explanation:

hope this helps

Answer: x=4

Step-by-step explanation:

28 divided by x+4=11

28 divided by x=7

28/7=4

A ubmarine tart at 0 unit and ha group of 3 float and group of 4 anchor attached. Which expreion would make the ubmarine float the highet? −532−4 53−2−4 −53−2−4 235−4 −23−5−4 23−5−4 What will it final poition be? 34 unit

Answers

The following are three equivalent expressions for the submarine's final position -(5)(3) - (2)(4), -(5)(3) + (-2)(4) and -(5)(3) + (2)(-4)

What is defined as the equivalent expressions?

Expressions that function identically despite having distinct appearances are called equivalent expressions. If two algebraic expressions are equivalent, then when we enter the same value(s) for the variable, the two expressions have the same value.

Each float advances by 5 units.

Each group takes a two-unit step.

As a result, the submarine's final position is:

Final = -(5)(3) - (2)(4)

The minus "-" symbol indicates that the submarine is sinking.

Thus, the following are equivalent expressions for the submarine's final position:

-(5)(3) - (2)(4), -(5)(3) + (-2)(4) and -(5)(3) + (2)(-4)

To know more about expressions

brainly.com/question/14083225

#SPJ4

what is the smallest number 4.36,4.3,4.06,4.306

Answers

Answer: its 4.06

Step-by-step explanation:

a university found that of its students withdraw without completing the introductory statistics course. assume that students registered for the course. a. compute the probability that or fewer will withdraw (to 4 decimals). 0.2061 b. compute the probability that exactly will withdraw (to 4 decimals). 0.2182 c. compute the probability that more than will withdraw (to 4 decimals). 0.5886 d. compute the expected number of withdrawals.

Answers

The 30% of the students withdraw, then, the expected number of withdrawals is the 30% of 20 which is 6.

What is probability?The area of mathematics known as probability deals with numerical representations of the likelihood that an event will occur or that a statement is true.An event's probability is a number between 0 and 1, where, roughly speaking, 0 denotes the event's impossibility and 1 denotes certainty.The likelihood that an event will occur increases with its probability.A straightforward illustration is tossing a fair (impartial) coin.The chance of both outcomes ("heads" and "tails") is equal because the coin is fair, "heads" is more likely than "tails," there are no other conceivable outcomes, and the likelihood of either outcome is half.

acc to our question-

Compute the probability that 2 or fewer will withdraw,To determine, given 2 students from the 20. Which is the probability of those 2 to withdraw and all others to complete the course. This is given by:Then, multiply this quantity by, = 190Which is the number of ways to choose 2 students from the total of 20. Therefore:The probability that exactly 2 students withdraw is Following an process determine that:  The probability that exactly 1 student withdraw is The probability that exactly none students withdraw is Finally, the probability that 2 or fewer students will withdraw is,= 0.355Compute the expected number of withdrawals.Hence ,The 30% of the students withdraw, then, the expected number of withdrawals is the 30% of 20 which is 6.

hence,The 30% of the students withdraw, then, the expected number of withdrawals is the 30% of 20 which is 6.

learn more about probability click here:

brainly.com/question/13604758

#SPJ4

Louis recorded how many times he could jump rope without stopping. Here is
his data:

50 15 102 64 29 55 100 97 48 81 61
Find the median, upper quartile, and lower quartile of his data.

Answers

Upper quartile is 97
Lower quartile is 48
Median is 61

2[tex]2\frac{5}{7} +4\frac{9}{14}[/tex]

Answers

Answer is in the Pic

I don't know whether this line is a negative or positive. The line is crossing the origin and is in the 1 quadrant and 3 quadrant. Please help!!

Answers

The given line is positive.

What is slope ?

A line's steepness is determined by its slope. In mathematics, slope is determined by "rise over run" (change in y divided by change in x).

Given that,

The line is crossing the origin and is in the 1 quadrant and 3 quadrant.

This means, the graph of the line starts at the bottom left and goes towards the top right.

If a line has a positive slope, then y always rises when x rises and always falls when x falls (i.e., m > 0). The line's graph thus begins at the bottom left and moves up to the top right.

So, the given line is positive.

To learn more about the slope from the given link

https://brainly.com/question/16949303

#SPJ1

Write an equation in point-slope form of the line that passes through the point (1, 0) with slope -1/4

Answers

Answer:

y = -1/4(x-1)

Step-by-step explanation:

y - [tex]y_{1}[/tex] = m(x - [tex]x_{1}[/tex])  From the point given [tex]y_{1}[/tex] = 0 and [tex]x_{1}[/tex] = 1

m = slope -1/4  Plug these in and get

y - 0 = -1/4(x - 1)       y-0 is just y

Round 57.183 to the nearest whole number tenth and hundredth

Answers

Answer:

Step-by-step explanation:   57.183= to the whole number= 58.183

Tenth= 57.180

Hundredth= 57.200

Answer:

Nearest Whole Number: 57

Nearest Tenth: 57.2

Nearest Hundredth: 57.18

*Note: When rounding to a place value the number after the place value you want determines whether the place value number says the same or goes up by 1. In order for the place value number to stay the same the number after has to be less than 5 and in order for the place value number to go up by 1 the number after has to be greater than or equal to 5.

15.99-15% discount +20%tip =

Answers

Answer:

$16.30

Step-by-step explanation:

15.99-15%=$13.59

13.59x1.20=$16.30

The difference between a two digit number and the reverse of that number is 18

Answers

Answer:

64

Step-by-step explanation:

please help me this is geometry

Answers

Answer:

RT

Step-by-step explanation:

Hypotenuse is the greatest and since it is obtuse, it will be even longer.

Answer:

RT is the longest segment.

Step-by-step explanation:

If Angle S is 92°, then AngleR and AngleT are both acute angles. So AngleS is the biggest angle, so the side opposite AngleS is the biggest side. RT is the side opposite from AngleS. RT is the biggest side.

Joseph had 7 1 4 ounces of candy to share with his friends. He gave them 2 4 5 ounces of candy when they came over to play video games. How many ounces of candy does joseph have left?.

Answers

Joseph left 469 ounces of candy, according to the given question.

What do you mean by candy?

A sugar-based confection that frequently contains filling and flavoring: a slice of such a confection is called candy. Something that has a lighthearted or frivolous appeal and visual delights.

According to data in the given question,

We have:

Total ounces of candy = 714

Number of candy he shared = 245

Now, we need to determine the candy he has left,

= Total number of candy - Number of shared candy

= 714 - 245

= 469

Therefore, he left 469 ounces of candy.

To learn more about candy, visit:

https://brainly.com/question/22074890?referrer=searchResults

#SPJ4

A 13 km stretch of road needs repairs. Workers can repair 3 1/2km of road per week.

How many weeks will it take to repair this stretch of road?

Answers

The workers would need 3.71 weeks to repair the road.

A generalization of arithmetic in which letters representing numbers are combined using arithmetic rules

Given that the total length of the road is 13km. Workers can repair 3.50 roads per week.

To determine the number of weeks required to repair the road, divide the total by per week. The equation would be:

13 ÷ 3.5

= (13 x 10)/35

= 130/ 35

= 3.71

Therefore the workers would need 3.71 weeks to repair the road.

To learn more about algebra visit

https://brainly.com/question/21443100

#SPJ1

A random sample of 85 printers discovered that 35 of them were being used in small businesses. Find the 99% confidence interval for the population proportion of printers that are used in small businesses

Answers

The 99% confidence interval for the population proportion of printers that are used in small businesses, using the z-distribution, is of:

(0.2743, 0.5493)

What is a confidence interval of proportions?

A confidence interval of proportions has the bounds given by the equation presented next:

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which the variables used to calculated these bounds are listed as follows:

[tex]\pi[/tex] is the sample proportion, which is also the point estimate of the parameter.z is the critical value of the z-distribution.n is the sample size.

The confidence level is of 99%, hence the critical value z is the value of Z that has a p-value of [tex]\frac{1+0.99}{2} = 0.995[/tex], so the critical value is z = 2.575.

(the critical value can be found either with the z-table or with a z-distribution calculator).

The sample size and the estimate are listed as follows:

[tex]n = 85, \pi = \frac{35}{85} = 0.4118[/tex]

The lower bound of the interval is obtained as follows:

[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.4118 - 2.575\sqrt{\frac{0.4118(0.5882)}{85}} = 0.2743[/tex]

The upper bound of the interval is obtained as follows:

[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.4118 + 2.575\sqrt{\frac{0.4118(0.5882)}{85}} = 0.5493[/tex]

More can be learned about the z-distribution at https://brainly.com/question/25890103

#SPJ1

Given the shape, find the length AD (x)

Answers

The length of AD is 8.58 units

Here triangle CDE and triangle CAB are similar triangles.

We know that the corresponding sides of similar triangles are in proportion.

CD/CA = CE / CB = DE/AB

Consider, CD/CA = DE/AB

15/(15 + x) = 7/11

15 * 11 = 7 * (15 + x)

165 = 105 + 7x

7x = 165 - 105

7x = 60

x = 8.58 units

Therefore, the length of AD is 8.58 units

Learn more about similar triangles here:

https://brainly.com/question/25882965

#SPJ1

Find the value of the expression (3x – 12) – (1/2xy-10) for x = 3 and y = 6.
-2

Answers

Answer:

When x = 3, y = 6,

[tex][3(3)- 12]-[(\frac{1}{2}(3)(6)) -10] = (9-12)-(9-10)[/tex]

                                             [tex]= (-3)-(-1)[/tex]

                                             [tex]= -3+1[/tex]

                                             [tex]=-2[/tex]

help me quick pls/....................

Answers

Answer:

A

Step-by-step explanation:

First off, "A" is the only one that even has "x cubed minus one" in it.  The y squared divided by twenty-four is also present.

The velocity v of an object rolled down an inclined plane is given by the formula v= √48d, where d is the distance the object has rolled. Solve the formula for d
d=(Simplify your answer. Use integers or fractions for any numbers in the expression.)

Answers

The formula for d is d = v/√48

What is a formula?

In science, a formula is a compact manner of symbolically describing information, such as a mathematical formula or a chemical formula. In physics, the phrase formula refers to the general construct of a connection between given quantities. In mathematics, a formula is an identity that equates one mathematical statement to another, the most significant of which are mathematical theorems. A formula (also known as a well-formed formula) is a logical object that is produced utilizing the symbols and formation rules of a specific logical language. For example, calculating the volume of a sphere necessitates extensive use of integral calculus or its geometrical equivalent, the method of exhaustion.

The equation is given as v= √48d

Hence, the formula for d is, d = v/√48

To know more about formulas, click on the link

https://brainly.com/question/24353331

#SPJ13

3d ÷ (d*d*d/4c) as one fraction

Answers

Answer: (3/4c*d*d)

Step-by-step explanation:

First, get rid of the denominator by multiplying the numerator by it.

so d*d*d*4c*.

Then now its 3d/d*d*d*4c, you can eliminate a d from the numerator and denominator, and now it's (3/4c*d*d)

What is the slope of the function y = -5/4x+1

Answers

Answer:-5/4

Step-by-step explanation:

the slope is the number next to the letter X.

The number of members on the basketball team
increased from 9 to 12. What was the percent
increase?

Answers

I may be incorrect.

Answer: 33.333333333333%

Step-by-step explanation:

The difference is 1/3. Twelve by three is four. Nine by three is three. The different from 9 to 12 is 1/3.

Which set of ordered pairs represents a function?

A. {(1, 7), (8, -9), (1, -2), (-6, -1)\}{(1,7),(8,−9),(1,−2),(−6,−1)}
B. {(9, 0), (7, 9), (3, -4), (3, -6)\}{(9,0),(7,9),(3,−4),(3,−6)}
C. {(-2, -6), (-5, -6), (9, -2), (7, 3)\}{(−2,−6),(−5,−6),(9,−2),(7,3)}
D. {(4, 7), (8, 1), (-6, -1), (-6, -5)\}{(4,7),(8,1),(−6,−1),(−6,−5)}

Answers

The set of ordered pairs that is a function is (c)  {(-2, -6), (-5, -6), (9, -2), (7, 3)}

How to determine the ordered pair that is a function?

The list of options represents the given parameter

As a general rule, for an ordered pair to be a function;

The y values on the ordered pair must point to different x values

In (a) the y values -1 and 7 have the same x value of 1

So, it is not a function

In (b) the y values -4 and -6 have the same x value of 3

So, it is not a function

In (c) all the y values have different x values

So, it is a function

In (d) the y values -5 and -1 have the same x value of -6

So, it is not a function

Hence, the ordered pair that is a function is (c)

Read more about ordered pairs at

brainly.com/question/1528681

#SPJ1

Answer:

The answer would be C. {(-2, -6), (-5, -6), (9, -2), (7, 3)\}{(−2,−6),(−5,−6),(9,−2),(7,3)}

Step-by-step explanation:

30.08 rounded nearest 10

Answers

30.1

The tenth is the first number after the decimal. When you round 5 and above push the number in front up but 4 and below do nothing

Write an equation that makes it easier to find the number of vertices in an
octahedron, which has 8 faces.

Answers

Equation that makes it easier to find the number of vertices in an Octahedron is V + F = 14 with 8 faces there are 6 vertices.

Given:

Octahedron has 8 faces

Let F be the faces of octahedron

Let V be the vertices of octahedron

we know that:

V + F = 14

Given F = 8 substitute

V + 8 = 14

V = 14 - 8

V = 6

Therefore Equation that makes it easier to find the number of vertices in an Octahedron is V + F = 14 with 8 faces there are 6 vertices.

Learn more about the vertices here:

https://brainly.com/question/27029296

#SPJ1

Other Questions
clock has a circumference of 63 in. What is the area of the face of theThe face of aclock? Which equations are true for x = 2 and x = 2? Select two options x2 4 = 0 x2 = 4 3x2 + 12 = 0 4x2 = 16 2(x 2)2 = 0 Angelina has 5 cakes. She wants to cut them into 2/5 pieces. How many pieces will she be able to cut? Answer without units. How did britains relationship with the colonies change after the french and indian war?. Write about the influence of genetics on disabilities, include three examples. Include how and why sex-linked inheritance has a stronger impact on males, with two examples. what clinical manifestations should the nurse most anticipate in a client experiencing a hemorrhagic stroke following the rupture of a cerebral aneurysm when providing care to a incontinent client with a history of methicillin-resistant staphylococcus aureus (mrsa), what is the priority goal for the nurse's observable intervention? Cite an example of an issue showing the power of media and information to affect change. secret jungle resort, currently has common stock of $250,000, additional paid-in capital of $875,000, and retained earnings of $80,000. on may 15 of certain year, it issues 15,000 shares of $10 par common stock at $30 per share. based on this information, value of the stock equity as per that date would be: what answer to 3x19x14+182 If you want to protect the plants from insect damage, should you encouraged birds to forage on the plants, or put netting over the plants to keep birds out? explain your reasoning. Write an equation for the table below:f(x)=a(b)^x HELP PLEASE I DONT UNDERSTAND AND I NEED THE ANSWERS NOW to obtain the clearest and most accurate picture of the of the physical anatomy of the brain to aid in the diagnosis of a psychological disorder, the method of choice would be a Which of the following halogens is darkest in colour?Select one:a. lb. Brc. F2d. Cl CalculatorWhat is the mean for the data set?82, 75, 48, 78, 54Express your answer as a decimal to the nearest tenth. Carlos and his mom went out on a bike ride. They rode 5/8 of a mile to the park and then rode 5/8 of a mile back home. How far did they ride in all? Lars is completing a history project about World War I. On the British government's National Archives website, hefinds letters from American soldiers as well as documents written by museum curators and historians that givebackground information about the war, supported by primary sources from their archives' collections.Which descriptions best characterize this information? Select three options.outdated facts credible sourcesprimary sources biased informationreasoned judgment Can a car moving toward right have direction of acceleration toward the left?? How?? when a cross between a red and white flower results in an offspring flower that has patches of both red and white, we describe this phenomenon as ?