Suppose you would like to save P9000 invested at 8% compounded quarterly for 5 years and 6 months. (Note: Round off your answer to the nearest hundredth) (a) How much would the value of her savings at the end of the term? Answer (b) How much is the interest earned by your savings? Answer

Answers

Answer 1

Answer:

a) 13913

b) 4913.82

Step-by-step explanation:

The compound interest formula is given by:

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

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.

In this question:

Investment of 9000, so [tex]P = 9000[/tex]

Interest rate of 8%, so [tex]r = 0.08[/tex]

Compounded quarterly, so [tex]n = 4[/tex]

5 years and 6 months, that is, 5 years and half, so [tex]t = 5.5[/tex]

(a) How much would the value of her savings at the end of the term?

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

[tex]A(5.5) = 9000(1 + \frac{0.08}{4})^{4*5.5} = 13913.82[/tex]

(b) How much is the interest earned by your savings?

The amount subtracted by the principal. So

13913.82 - 9000 = 4913.82


Related Questions

A shop has 4 types of sweets (chocolate, taffy, gummies, and cookies), 2 types of snacks (chips and crackers), and 3 types of drinks (sodas, juice, and sports drinks).

Mystery boxes are put together that randomly combine 1 sweet, 1 snack, and 1 drink.

What is the probability that a mystery box contains chocolate, chips, and juice?

Answers

Answer:

1/24

Step-by-step explanation:

1/4*1/2*1/3 = 1/24

A company estimates that 0.8% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $400. If they offer a 2 year extended warranty for $27, what is the company's expected value of each warranty sold?

Answers

Answer:

The expected value of each warranty sold is $23.8.

Step-by-step explanation:

0.8% probability of the product failling.

If the product fails, the company will lose 400 - 27 = $373. So a net value of -373.

100 - 0.8 = 99.2% probability of the product not failling.

If the product does not fail, the company gains $27.

What is the company's expected value of each warranty sold?

We multiply each outcome by its probability.

0.008*(-373) + 0.992*27 = 23.8

The expected value of each warranty sold is $23.8.

Able, ben and cal each played a game.

able scored six times bens score.

cal scored a third of able's score. write down the ratio of able's score to ben;s score to cal's score

Answers

Answer:

Ratio of Able's score to Ben=6:1

Ratio of Ben's score to Cal's=1:2

Ratio of able's score to ben;s score to cal's score=6:1:2

Step-by-step explanation:

Let Ben's score =x

Able scored six times Ben's score

Able=6*x

=6x

Cal scored a third of Able's score

Cal=1/3 of 6x

=1/3(6x)

Ratio of Able's score to Ben

6x:x

=6:1

Ratio of Ben's score to Cal's score

x:1/3(6x)

=x:6x/3

=x:2x

=1:2

Ratio of able's score to ben;s score to cal's score=6:1:2

Fiad the sample variance and standard deviation.
21, 10, 3, 7, 11

Answers

Answer:

SD = 5.987, Var(X) = 35.85

Step-by-step explanation:

Apply the standard deviation formula, remembering that n represents the sample size. Then, just take the square of the standard deviation to obtain the variance.

Hope this helps!


What are the factors of 2x + 3x 54? Select two options
2x - 9
2x6
2x + 6
X-6
x+6

Answers

Answer:

(2x -9)(x +6)

Step-by-step explanation:

Perhaps you're factoring ...

  2x² +3x -54

  = 2x² +12x -9x -54 . . . . rewrite 3x appropriately

  = 2x(x +6) -9(x +6) . . . . factor pairs of terms

  = (2x -9)(x +6) . . . . . . . . finish the factoring

The factors are (2x -9) and (x +6).

Which linear function has initial value 4?


a. y = 3x - 4
b. y = - 3x + 4
c. y = 4x - 3
d. y = 4x + 3

Answers

Answer:

y = -3x+4

Step-by-step explanation:

An initial value of 4 would be the y intercept

The only function with a y intercept of 4

(y = mx+b where b is the y intercept)

is y = -3x+4

I earn $12.00 in 5 hours. At this rate, how many hours will it take to earn $19.20?

Answers

Answer:

8 hours

Step-by-step explanation:

Solve with a proportion

[tex]\frac{12}{5}[/tex] = [tex]\frac{19.20}{x}[/tex]

Multiply 5 by 1.6 to get x

5 x 1.6 = 8

If an exponential model was used to fit the data set below, which of the following would be the best prediction for the output of the model if the input was x=20?

Answers

Answer:

The equation is found to be: [tex]y = 50.6e^{0.16x}[/tex]

y(20) = 1241.34

Step-by-step explanation:

The given data is:

x:   3          7         11        14          17

y: 83      142      301     450      722

Now, we find sum summation values, relevant to the formula of exponential regression model, using calculator:

∑ ln y = 27.77305, ∑x ln y = 308.1494, ∑x = 52, ∑ x² = 664

and, n = no. of data points = 5

Now, we use formulae of exponential regression model to find out values of constant:

b = (n∑x lny - ∑x ∑ln y)/[n∑x² - (∑x)²]

b = [(5)(308.1494) - (52)(27.77305)]/[(5)(664) - (52)²]

b = 0.16

Now, for a;

a = (∑ln y - b∑x)/n

Therefore,

a = [(27.77305) - (0.16)(52)]/5

a = 3.9

For, α:

α = e^a = e^3.9

α = 50.6

So, the final equation of exponential regression model is given as:

[tex]y = \alpha e^{bx}\\ y = 50.6e^{0.16x}[/tex]

Now, we find value of y for x = 20:

y(20) = (50.6) e^(0.16*20)

y(20) = 1241.34

SOMEONE PLEASE HELP ME ASAP PLEASE!!!​

Answers

Answer:

3.6

Step-by-step explanation:

d = sqrt(3^2+2^2) = sqrt(13) = 3.6

What is the solution set up 7x^2+3X=0

Answers

Answer:

X=0,X=-3/7

Step-by-step explanation:

7x^2+3x=0

x(7x+3)=0

x=0

7x+3=0

7x=-3

x=-3/7.

Answer:-3/7

Step-by-step explanation:

Firstly add -3x to both sides of equation. 7x^2+3x-3x=0+-3x

7x^2=-3x

Divid both sides by X

7x^2/X=-3/X

7x=-3

Divid both sides by 7

7x/7=-3/7

X=-3/7

Simplify the quotient shown 3480 divided by 29

Answers

Answer:

120

Step-by-step explanation:

3480/29=120

           120

Simplify   ———

            1

final result is  120

What is the purchase price of the land

Answers

Answer:

Answer:B. $100,000

Step-by-step explanation:

x is the number of years since the purchase of the land.

That means that when 0 years have passed by, it is when the land was purchased.

At x = 0, the price of the land was $100,000.

That means that the purchase price of the land is $100,000.

TIVITY MODULE
The length of a rectangle is eight centimeter less than
twice the width. The area of the rectangle is 24
centimeters squared. Determine the dimensions of the
rectangle in centimeters.

Answers

Answer: Length: 4, width: 6

Step-by-step explanation:

Let the length be x and width be y

Then x=2y-8 and xy=24

Substitute to get 2y-8 * y = 24, so 2y^2-8y=24 or y^2-4y=12, then solve to get y=6 or y=-2. Since width is positive y=6.

Substitute y=6 into xy=24 to get x=4.

Length: 4, width: 6

Hope that helped,

-sirswagger21

ASAP! GIVING BRAINLIEST! Please read the question THEN answer CORRECTLY! NO guessing. I say no guessing because people usually guess on my questions.

Answers

Answer:

D. Time ( length)

Step-by-step explanation:

The function is measuring the length of the race, and the time it took to complete. So, it would be D.

// have a great day //

Answer:

D. Time(length)

Step-by-step explanation:

→The time is on the outside because, according to the information that has been given/provided, the length of the race depends on the time taken to complete the race.

This means the correct answer is "D. Time(length)."

Dorothy Kaatz, a computer programmer, earns a regular hourly rate of
$15.25 and earns double that when she works overtime. Kaatz usually works
40 regular hours and 12 hours overtime while she's trying to update the
company's systems before the month's end. What is her straight-time pay?
What is her overtime pay? What is her total pay?

Answers

Answer:

$976

Step-by-step explanation:

Straight time pay= $15.25(hourly rate) × 40(hours worked)= $610

Overtime Rate = 15.25×2= $30.50

Overtime Pay= $30.5 × 12 (Hours worked overtime)= $366

Total Pay= Basic wage + Overtime Wage = $976

1. An LG Dishwasher, which costs $800, has a 20% chance of needing to be replaced in the first 2 years of purchase. A two-year extended warrantee costs $112.10 on a dishwasher. What is the expected value of the extended warranty assuming it is replaced in the first 2 years?
2. Approximately 10% of all people are left-handed. Consider a grouping of fifteen (15) people.
a. State the random variable.
b. Write the probability distribution.
c. Draw a histogram.
d. Describe the shape of the histogram.
e. Find the mean.
f. Find the variance.
g. Find the standard deviation.

Answers

Step-by-step explanation:

The expected value of the extended warrant is calculated as follow.

Value of Waranty

= 800 x 20% − 112.10

= 800 x 20/100 − 112.10

= 47.9

The expected value of the extended warranty assuming it is replaced in the first 2 years is given as follow.

Expected value=800-112.10=>687.90

Therefore, required expected value of extended warranty is 687.90

2.

Given information:

Number of Trials (n) = 15

Probability of Success (p) = 0.10

a) Let X represents the number of left-handed people.

b) The probability distribution follows binomial distribution.

X ∼ Binomial distribution

The probability distribution is given as follow.

P(X = x) = ^nCx(p)^x(1 − p)^n − x

c)The histogram is given as follow. (See attachment)

d) The shape of histogram is skewed right.

e) The mean is calculated as follow.

Mean

=n x p

= 15 x 0.10

= 1.5

f) The variance is calculated as follow.

Variance

= n x p x q

= 15 x 0.10 x 0.90

= 1.35

g) The standard deviation is calculated as follow.

Standard deviation

=√n x p x q

=√15 x 0.10 x 0.90

= 1.162

Assume that 1100 births are randomly selected and exactly 556 of the births are girls. Use subjective judgment to determine whether the given outcome is​ unlikely, and also determine whether it is unusual in the sense that the result is far from what is typically expected.

Answers

Answer:

The sample proportion for the births that are girls is 0.505. It is slightly higher than the expected value of 0.5, but the right way to answer if it is an unusual proportion is by performing an hypothesis test.

The hypothesis test results in not enough evidence to claim that the outcome is unlikely. This sample result has a probability of 0.7627 of appearing by pure chance in a population with proportion p=0.5.

Step-by-step explanation:

This is a hypothesis test for a proportion.

The claim is that the proportion of girls birth differs significantly from the expected proportion (50%).

Then, the null and alternative hypothesis are:

[tex]H_0: \pi=0.5\\\\H_a:\pi\neq 0.5[/tex]

The significance level is 0.05.

The sample has a size n=1100.

The sample proportion is p=0.505.

p=X/n=556/1100=0.505

The standard error of the proportion is:

[tex]\sigma_p=\sqrt{\dfrac{\pi(1-\pi)}{n}}=\sqrt{\dfrac{0.5*0.5}{1100}}\\\\\\ \sigma_p=\sqrt{0.000227}=0.015[/tex]

Then, we can calculate the z-statistic as:

[tex]z=\dfrac{p-\pi-0.5/n}{\sigma_p}=\dfrac{0.505-0.5-0.5/1100}{0.015}=\dfrac{0.005}{0.015}=0.302[/tex]

This test is a two-tailed test, so the P-value for this test is calculated as:

[tex]\text{P-value}=2\cdot P(z>0.302)=0.7627[/tex]

As the P-value (0.7627) is greater than the significance level (0.05), the effect is  not significant.

The null hypothesis failed to be rejected.

There is not enough evidence to support the claim that the proportion of girls birth differs significantly from the expected proportion (50%).

What’s the correct answer for this question?

Answers

Answer:

C

Step-by-step explanation:

A cylinder is formed when rotating the 3-D figure around y-axis

What’s the correct answer for this question?

Answers

the answer would be 25

Answer:

B.

Step-by-step explanation:

Volume of balloon = 4/3πr³

= 4/3(3.14)(0.5)³

= 0.52 cubic feet

Now

A helium tank contains 50 cubic feet of helium So,

Spherical balloons = 50/0.52

= 95.4

≈ 100

Accident rate data y1, ...., y12 were collected over 12 consecutive years t=1,2,...12. At over 12 consecutive years t = 1,2,..., 12. At the end of the 6th year, a change in safety regulations occured. FOr each of the following situations, set up a linear model of the form y=XB+E. Define X and B appropriately.

a. The accident rate y is a linear function of t with the new safety regulations having no effect.

b. The accident rate y is a quadratic function of t with the new regulations having no effect.

c. The accident rate y is a linear function of t. The slope for t>= 7 is the same as for t<7. However there is a discrete jump for t=7.

d. The accident rate y is a linear function of t. After t=7, the slope changes, with the two lines intersecting at t=7.

Answers

Answer:

The correct option is;

The accident rate is a linear model function of t. After t = 7, the slope changes, with the two lines intersecting at t = 7

Step-by-step explanation:

The given parameters are;

Accident rate data = y₁, y₂, y₃, y₄, y₅, y₆, y₇, y₈, y₉, y₁₀, y₁₁, y₁₂

Time at which data was recorded = t₁, t₂, t₃, t₄, t₅, t₆, t₇, t₈, t₉, t₁₀, t₁₁, t₁₂

Accident rate equation is a linear model given as follows;

y = X·B + E

Where:

y = Accident rate

X = Slope of linear model

B = Year

E = y intercept of model

At the end of the 6th year, a change in a regulation that affects safety, hence accident rate occurred given as follows;

Before the change in safety regulations occurred for year t < 7 y₁ = X₁B + E₁

After the change in safety regulations occurred for year t < 7 y₂ = X₂B + E₂

Therefore the slope changes from X₁ to X₂ after t = 7 with the second linear model starting from the end of the first linear model making the two lines intersect at t = 7 (the beginning of year 7)

Hence the correct option is that "The accident rate is a linear model function of t. After t = 7, the slope changes, with the two lines intersecting at t = 7."

Question 1 of 20 :
Select the best answer for the question.
1. Divide7/15 by 3/5
OA%
O B./25
O c. 75/21
O D.21/75

Answers

Answer:

7/9

Step-by-step explanation:

7/15 ÷ 3/5

Copy dot flip

7/15 * 5/3

7/3 * 5/15

7/3 * 1/3

7/9

An option to buy a stock is priced at $150. If the stock closes above 30 next Thursday, the option will be worth $1000. If it closes below 20, the option will be worth nothing, and if it closes between 20 and 30, the option will be worth $200. A trader thinks there is a 50% chance that the stock will close in the 20-30 range, a 20% chance that it will close above 30, and a 30% chance that it will fall below 20.

Required:
a. Create a valid probability table.
b. How much should the trader expect to gain or lose?
c. Should the trader buy the stock? Explain.

Answers

Answer:

Step-by-step explanation:

An option to buy a stock is priced at $150. If the stock closes above 30 next Thursday, the option will be worth $1000. If it closes below 20, the option will be worth nothing, and if it closes between 20 and 30, the option will be worth $200. A trader thinks there is a 50% chance that the stock will close in the 20-30 range, a 20% chance that it will close above 30, and a 30% chance that it will fall below 20.

a) Let X represent the price of the option

 x                  P(X=x)

$1000         20/100 = 0.2

$200          50/100 = 0.5

$0              30/100 = 0.3

b) Expected option price

[tex]= \sum x.P(X=x)\\\\ = 1000 * 0.2 + 200 * 0.5 + 0 = \$ 300[/tex]

Therefore expected gain = $300 - $150 = $150

c) The trader should buy the stock. Since there is an positive expected gain($150) in trading that stock option.

Find the constant of variation k for the direct variation 3x+5y=0

Answers

Answer:

-3/5

Step-by-step explanation:

3x+5y=0

Subtract 3x from each side

3x+5y-3x=0-3x

5y = -3x

Divide each side by 5

5y/5 = -3x/5

y = -3/5 x

A direct variation is y = kx

y = -3/5 x

The constant of variation is -3/5

Electricity usage data consists of 45 months has a mean number of units consumed is 390.47 per month with a standard deviation of 170.5 units per month. Assume that the number of units consumed are approximately normally distributed. Estimate 95% confidence interval for the average monthly electricity consumed units.

Answers

Answer:

The 95% confidence interval for the average monthly electricity consumed units is between 47.07 and 733.87

Step-by-step explanation:

We have the standard deviation for the sample. So we use the t-distribution to solve this question.

The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So

df = 45 - 1 = 44

95% confidence interval

Now, we have to find a value of T, which is found looking at the t table, with 44 degrees of freedom(y-axis) and a confidence level of [tex]1 - \frac{1 - 0.95}{2} = 0.975[/tex]. So we have T = 2.0141

The margin of error is:

M = T*s = 2.0141*170.5 = 343.4

In which s is the standard deviation of the sample.

The lower end of the interval is the sample mean subtracted by M. So it is 390.47 - 343.40 = 47.07 units per month

The upper end of the interval is the sample mean added to M. So it is 390.47 + 343.40 = 733.87 units per month

The 95% confidence interval for the average monthly electricity consumed units is between 47.07 and 733.87

Given the following, determine the set (A'U B')∩C.
U = {x |x ∈ N and x < 10}
A = {x | x∈ N and x is odd and x < 10)
B = {x|x ∈ N and x is even and x < 10}
C = {x|∈E N and x < 8)​

Answers

Answer:

n +10 =20

Step-by-step explanation:

answer =20 . thank God

math question is attached below
and show your work

Answers

Answer:

[tex]V = \frac13 \pi r^2 h[/tex]

117.81

Step-by-step explanation:

r is half the diameter so 2.5 cm

h is 18

fill in and get:

V = [tex]\frac13 \pi \cdot 6.25 \cdot 18 \approx 117.81 cm^3[/tex]

Graph the line that represents this equation. 3x - 4y =8

Answers

Answer:

See attachment

Step-by-step explanation:

The solution is given in the image.

Which graph is the graph of the function?

The graph of a feature f is the set of all factors in the plane of the form (x, f(x)). We can also outline the graph of f to be the graph of the equation y = f(x). So, the graph of a feature is a special case of the graph of an equation.

What does the axis of a graph constitute?

An axis is a line to the aspect or backside of a graph; it's far labeled to give an explanation for the graph's meaning and the devices of measurement. The x-axis, the horizontal line at the lowest of a graph, may be labeled to present facts about what the graph represents.

Learn more about graphs here: brainly.com/question/4025726

#SPJ2

If the captain has a 3/4 probability of hitting the ship and the pirate has a 1/4 probably what is the probability the pirate hits and the captain misses

Answers

Answer:

9/16

Step-by-step explanation:

captain has a 3/4 probability of hitting the ship

pirate has a 1/4 probability of hitting the ship

This means he has a 3/4 probability of missing the ship

P (captain hitting and pirate missing) = 3/4*3/4 = 9/16

PLEASE HELP IM STUCK ON A PROBLEM....



Answers

Answer:

Number line A.

Step-by-step explanation:

|-5x| - 11 = -1

Add 11 to both sides.

|-5x| = 10

-5x = 10 or -5x = -10

x = -2 or x = 2

Answer: Number line A.

Please answer this correctly

Answers

Answer:

3 3/5 hours.

Step-by-step explanation:

There are 3 students who logged 1 1/5 so:

[tex]1\frac{1}{5} +1\frac{1}{5} +1\frac{1}{5} =3\frac{3}{5}[/tex]

3 3/5 hours have been logged total by those who logged 1 1/5 hours.

Other Questions
Find the slope of the line that passes through the given points.(9,1) and (9,5) 1. Trevor's fitness trainer recommends that Trevor drink 8 fluid ouncesof water 8 times a day. Trevor has a water bottle that holds 1 1/4 pintsof water when filled. Today, he has filled the water bottle three timesand drank all of the water each time. Trevor claims that he drank thetotal amount of water recommended by his fitness trainer. Explainwhy Trevor's claim is not true. (Remember 8 ounces = 1 cup; 2 cups1 pint)= What is the percent by mass in a solution with 10.0 grams of solute and 25.0 grams of solvent? If the bill is $47.96 and you leave a 15% tip, what is the tip amount? which statement best describes a difference between presidential and parliamentary QUESTION 3 (3 points)Convert the following quadratic into standard form. Show all work.f(x) = 3(x - 5) - 40 Help needed ASAP will give brainliest Identify a transformation of the function f(x) = sqrt(x) by observing the equation of the function g(x) = sqrt(x) + 1 Please answer this question I give brainliest thank you! Number 16 During 2022, Bramble Corp. reported cash provided by operations of $778000, cash used in investing of $672000, and cash used in financing of $186000. In addition, cash spent on fixed assets during the period was $270000. Average current liabilities were $637000 and average total liabilities were $1682000. No dividends were paid. Based on this information, what was Bramble free cash flow Which of the following forms of punctuation is BEST suited for setting off most brief, nonessential information such as appositives, adjective phrases, and adverb phrases in more formal writing? Complete the following sentences about heme by moving the terms to the correct targets Some terms will not be used.1. The prosthetic group of hemoglobin and myoglobin is_______.2. The organic ring component of heme is_______3. Under normal conditions, the central atom of heme is________.4. In________the central iron atom is displaced 0.4 A out of the plane of the porphyrin ring system.5. The central iron atom has_______bonds:________to nitrogen atoms in the porphyrin, one to a_______residue and one to oxygen.A. OxyhemoglobinB. SixC. FourD. ThreeE. HistidineF. HemeG. SerineH. Fe2+I. DeoxyhemoglobinJ. CysteineK. Fe3+L. Porphyrin Select all of the following statements that are true: A. Random samples only generate unbiased estimates of long-run proportions, not long-run means. B. You shouldnt take a random sample of more than 5% of the population size. C. There is no way that a random sample of 100 people can be representative of all adults living in the United States. D. If this question is voted out, the alternate option is "larger samples are always better than smaller samples, regardless of how the sample was collected." E. Nonrandom samples are always poor representations of the population The table shows ordered pairs of the function y=8-2x What is the value of y when x = 8? Can someone please help me answer this question? A number is decreased by seven. Then, the new number is multiplied by 3 to get an answer of -9. What is the original number? ( please hurry i need to finish my assesment ) A.) - 4 B.) - 30 C.) 4 D.) 30 A number is equal to twice a smaller number plus 3. Yhe same number is equal to twice the sum of smaller number and 1. How many soluyions are possible for this situation Solve for x: 3x - 5 = 2x + 6.Your answer Please select the word from the list that best fits the definitiona leader of a group of peopleclanmakkahsultanaskia muhammedswahili Someone help plz hurryyyy