You decide to reduce the amount you spend eating out by $150 a month and invest the total saved at
the end of each year in your retirement account. How much will the account be worth at 5% in 15
years? (Use Table 13.1.) (Do not round intermediate calculations. Round your answer to the
nearest cent.)

Answers

Answer 1

The type of savings is the saving of uniform amount with interest applied to the sum of the amount in the account.

The amount the account is worth after 15 years is approximately $38,841.1

Reasons:

The amount saved per month = $150

Amount saved per year, A = 12 × $150 = $1,800

The interest rate on the account, i = 5%

The amount, F, in the account after 15 years is given as follows;

The uniform series compound amount factor formula is presented as follows;

[tex]\displaystyle F = \mathbf{\frac{A \cdot \left[ \left(1 + i \right)^n - 1 \right]}{i}}[/tex]

Therefore;

[tex]\displaystyle F = \frac{1,800 \times \left[ \left(1 + 0.05 \right)^{15} - 1 \right]}{0.05} \approx \mathbf{38,841.4}[/tex]

The amount the account is worth after 15 years to the nearest cent is approximately $38,841.4.

Learn more about compound interest here:

https://brainly.com/question/9742437


Related Questions

6. How many four digit numbers can be formed, using
7,5, 0, 2 only once in a number?
(A). 4
(B). 12
(C).9
(D). 18

Answers

Answer:

Letter D

Step-by-step explanation:

18 is your answer

❤❤❤PLEASE BE RIGHT AND CORRECT BEFORE ANSWERING

Answers

Answer:

y=-x+28

Step-by-step explanation:

The slope(rise/run) is -1, and because it starts at y=28, the answer is y=-x+28

Answer:

"C"

The slope is -2 !!! delta y = 20 delta x = 10

the y intercept is 28

Step-by-step explanation:

A toddler is allowed to dress himself on Mondays, Wednesdays, and Fridays. For each of his shirt, pants, and shoes, he is equally likely to put it on correctly as incorrectly. Getting these articles of clothing on correctly are independent of each other. On the other days, the mother dresses the toddler with 100% accuracy. Given that the toddler is correctly dressed, what is the probability that today is Monday

Answers

Answer:

0.0286 = 2.86% probability that today is Monday.

Step-by-step explanation:

Conditional Probability

We use the conditional probability formula to solve this question. It is

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)}[/tex]

In which

P(B|A) is the probability of event B happening, given that A happened.

[tex]P(A \cap B)[/tex] is the probability of both A and B happening.

P(A) is the probability of A happening.

In this question:

Event A: Dressed correctly

Event B: Monday

Probability of being dressed correctly:

100% = 1 out of 4/7(mom dresses).

(0.5)^3 = 0.125 out of 3/7(toddler dresses himself). So

[tex]P(A) = 0.125\frac{3}{7} + \frac{4}{7} = \frac{0.125*3 + 4}{7} = \frac{4.375}{7} = 0.625[/tex]

Probability of being dressed correctly and being Monday:

The toddler dresses himself on Monday, so (0.5)^3 = 0.125 probability of him being dressed correctly, 1/7 probability of being Monday, so:

[tex]P(A \cap B) = 0.125\frac{1}{7} = 0.0179[/tex]

What is the probability that today is Monday?

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.0179}{0.625} = 0.0286[/tex]

0.0286 = 2.86% probability that today is Monday.


Need help ASAP no links pls

Answers

Answer:

y = 6

I hope this helps you out!

The product of the roots of the equation x2 + x=2 is:
0-2
01

Answers

Answer:

-2

Step-by-step explanation:

x^2 + x=2

Subtract 2 from each side

x^2 + x-2=2-2

x^2 + x-2=0

Factor

What 2 numbers multiply to -2 and add to 1

2*-1 = -2

2+-1 =1

(x-1)(x+2)=0

Using the zero product property

x-1 = 0  x+2 = 0

x=1        x = -2

Product of the roots

1*-2 = -2

Two lines, A and B, are represented by equations given below:

Line A: y = x − 2
Line B: y = 3x + 4

Which of the following shows the solution to the system of equations and explains why?

(−3, −5), because the point does not lie on any axis
(−3, −5), because the point satisfies both equations
(−4, −8), because the point satisfies one of the equations
(−4, −8), because the point lies between the two axes

Answers

9514 1404 393

Answer:

  (b)  (−3, −5), because the point satisfies both equations

Step-by-step explanation:

Any solution to a system of two equations must satisfy both equations. The only reasonable explanation of "why" is the one associated with the answer shown above.

Can somebody help me find the answer to this problem please ?

Answers

Answer:

Step-by-step explanation:

Answer:

D. x = -2y + 4

Step-by-step explanation:

4x + 8y = 16

Solve for x

Our objective here is to isolate x ( in other words we want to get x by itself ) using inverse operations.

So let's begin

4x + 8y = 16

First we want to get rid of 8y

Notice how 8y is being added to 4x

Well we can get rid of it by applying it's inverse operation. The opposite of addition is subtraction. So to get rid of 8y we would simply subtract 8y.

Important note! Whatever we do to one side we must do to the other

So we would subtract 8y from both sides

4x + 8y - 8y = 16 - 8y

The 8y on the left hand side cancels out and the 8y on the right side stays as it is as you can't subtract 8y from 16

We then have 4x = 16 - 8y

Next we want to get rid of 4 from 4x.

4x is the same as 4*x which is multiplication

The inverse of multiplication is division so to get rid of the 4 we divide both sides by 4

4x/4 = (16-8y)/4

4x/4 = x

16-8y/4 ( simply divide 16 by 4 and -8y by 4 )

16-8y/4 = 4 - 2y

We're left with x = 4 - 2y which can also be written as x = -2y + 4

james invested some money at 13% interest. James also invested $199 more than 3 times that amount at 12%. How much is invested at each rate if James receives $1561.50 in interest after one year? (Round to two decimal places if necessary.)

Answers

9514 1404 393

Answer:

$3138 at 13%9613 at 12%

Step-by-step explanation:

Let x represent the amount invested at 13%. Then (3x+199) is the amount invested at 12%. The total interest earned in 1 year is ...

  (13%)(x) +(12%)(3x+199) = 1561.50

  0.49x +23.88 = 1561.50 . . . . simplify

  0.49x = 1537.62 . . . . . . . . . . subtract 23.88

  x = 3138 . . . . . . . . . . . . . . . . divide by 0.49

  3x+199 = 9613

$3138 was invested at 13%; $9613 was invested at 12%.

PLEASE HELPPPPPPPPPP

Answers

Answer:

167/346 or 0.483

Step-by-step explanation:

From the question given above, the following data were obtained:

Number of Tails (T) = 167

Number of Heads (H) = 179

Probability of tail, P(T) =?

Next, we shall determine total outcome. This can be obtained as follow:

Number of Tails (T) = 167

Number of Heads (H) = 179

Total outcome (S) =?

S = T + H

S = 167 + 179

Total outcome (S) = 346

Finally, we shall determine the probability of tails. This can be obtained as follow:

Number of Tails (T) = 167

Total outcome (S) = 346

Probability of tail, P(T) =?

P(T) = T / S

P(T) = 167 / 346

P(T) = 0.483

Thus, the probability of tails is 167/346 or 0.483

Sydney has finished all his work on time, but many of his teammates are still struggling to complete their assignments. What should he do? a) Not distract them; they may get farther behind. O b) Listen to them complain about their workloads O c) Help them complete their work d) Share his thoughts on how they could get their work done faster

Answers

Answer:

I think the correct option is c

Answer:

I think the correct answer is (d)

Step-by-step explanation:

if he shares his thoughts on how they could get their work done faster like using an app like this, then it would be of great help to them

I need to know this answe ASAP

Answers

Answer:

look at the value of f(x) carefully when we put 7 from x the x take 2 value

Step-by-step explanation:

And g(x) function take 4 value. please look at the first option it has extra 2 so 2 plus 2 equal to 4 this means that the answer might be A. But look at D option it multiply by 2 so D option might be correct answer but we need some info and I want to continue. When I put 1 from x f(x)=1 and g(x)= 2 but when we look at the first option it is 1+2 equal to 3 but it must be 2 so the correct answer is not A and the correct answer is D

PLEASE ANSWER QUICK ITS BEEN 1 HOUR
Which of the following is a unit rate?

A. 4 Feet / 1 Second

B. 120 Miles / 2 Hours

C. $1.25 / 4 oz

D. 340 Miles / 6 Gallons

Answers

9514 1404 393

Answer:

  A.  4 feet/(1 second)

Step-by-step explanation:

A "unit" is one of something. A unit rate is a rate that has 1 of something in the denominator. Look down the list at the denominators and find the value that has 1 as a denominator:

  [tex]\dfrac{4\text{ feet}}{1\text{ second}}[/tex]

-12x + 12 = 4 - 15x + 9

Answers

Answer:

x = 1/3

Step-by-step explanation:

-12x + 12 = 4 - 15x + 9

Combine like terms

-12x +12 = -15x+13

Add 15x to each side

-12x+12 +15x = -15x+15x+13

3x+12 = 13

Subtract 12 from each side

3x+12-12 = 13-12

3x = 1

Divide by 3

3x/3 = 1/3

x = 1/3

If a over 2 equals b over 3 then b over a equals what?

Answers

a/2=b/3
b/a
a=2/3b
b=3/2a
4b/9a

Write two ratios equivalent to 24 : 9.

Answers

Answer:

8:3

16:6

Step-by-step explanation:

First, let's check if 9 and 24 have any common factor. If they do have any common ones, we must find the GCF (greatest common factor).

Factors of 9: 1, 3, 9

Factors of 24: 1, 2, 3, 4, 6, 8, 12, 24

The common factors both of the numbers share and 1 and 3. To find the GCF, simply compare one of the factors to the other.

1 < 3

Now that we know the GCF, we can divide the two numbers in the ratio 24 : 9 by it (3).

24:9

24/3:9/3

8:3

Now that our ratio is simplified, it's going to be much easier to find more ratios that are equivalent. 8:3 is already one equivalent ratio, but if we multiply each number in the ratio by any other number, we can get a new equivalent ratio. Let's multiply each number in the ratio by 2:

8:3

8 ⋅ 2:3 ⋅ 2

16:6

So, another equivalent ratio to 24:9 (and 8:3) is 16:6.

Consider the triangle ΔXYZ . Find the angle Z given that ZY=30 , ZX=15 , and YX=21

Answers

Step-by-step explanation:

hey bro can get the diagram

Answer:

where is the diagram plz show the diagram

Step-by-step explanation:

Write the solution for x+5≤8 x + 5 ≤ 8 in set notation

Answers

9514 1404 393

Answer:

  {x ∈ ℝ | x ≤ 3}

Step-by-step explanation:

Subtracting 5 from both sides, we see the solution is ...

  x ≤ 3

In set notation, this can be written ...

  {x ∈ | x ≤ 3}

I need you guy’s help answer thanks so much

Answers

Answer:

D

Step-by-step explanation:

inverse just means opposite so if its shown dividing it first then adding, then the inverse is multiplying then subtracting

Please Help!
Function: y=x^2+5x-7
Vertex: (___,___)
Solutions: (___,___) and (___,___)

* i thought the vertex was (-5/2,-53,4) but apparently i’m wrong since it keeps saying it* i need answers please

Answers

Answer:

Step-by-step explanation:

A study was conducted to determine whether magnets were effective in treating pain. The values represent measurements of pain using the visual analog scale. Assume that both samples are independent simple random samples from populations having normal distributions. Use a 0.05 significance level to test the claim that those given a sham treatment have pain reductions that vary more than the pain reductions for those treated with magnets.
Sham n= 20 x=0.41 s=1.37
Magnet n= 20 x =0.46 s= 0.94
Identify the test statistic. F=
Identify P-Value=
What is the conclution for the hypothesis test?
A. Fail to reject the null hypothesis. There is insufficient evidence to to support the claim that those given a sham treatment have reductions that vary more than those treated with magnets
B. Reject the null hypothesis. There is insufficient evidence to to support the claim that those given a sham treatment have reductions that vary more than those treated with magnets
C.Fail to reject the null hypothesis. There is sufficient evidence to to support the claim that those given a sham treatment have reductions that vary more than those treated with magnets
D.Reject the null hypothesis. There is sufficient evidence to to support the claim that those given a sham treatment have reductions that vary more than those treated with magnets

Answers

Answer:

F statistic = 2.124

Pvalue = 0.0546

A. Fail to reject the null hypothesis. There is insufficient evidence to to support the claim that those given a sham treatment have reductions that vary more than those treated with magnets

Step-by-step explanation:

H0 : pain reduction is the same

H1 : pain reduction is varies more with sham.

Sham n= 20 x=0.41 s=1.37

Magnet n= 20 x =0.46 s= 0.94

α - level = 0.05

Using the Ftest statistic

Ftest = larger sample variance / smaller sample variance

Ftest = s1² / s2² = 1.37² / 0.94² = 1.8769 / 0.8836 = 2.124

The degree of freedom :

Numerator = n - 1 = 20 - 1 = 19

Denominator = n - 1 = 20 - 1 = 19

Pvalue(2.124, 19, 19) = 0.0546

Since ;

Pvalue > α ; WE fail to reject the Null ; Result is not significant

QUESTION 9
Each person drinks half a litre carton of orange juice. How many cartons of orange juice do Joe's guests drink in total?

Answers

Joe drank drinks all day long and not enough info

2) Consider the quadratic sequence 72, 100, 120, 132

2.1.1) Determine Tn the nth term of the quadratic.​​

Answers

9514 1404 393

Answer:

  Tn = -4n² +40n +36

Step-by-step explanation:

A graphing calculator readily performs the quadratic regression, yielding the formula ...

  Tn = -4n² +40n +36

__

The first and second differences of the given sequence terms are ...

  28, 20, 12 and -8, -8

The coefficient of the squared term is half the second difference, so is -4. Then the sequence of squared terms is -4n²:

  -4, -16, -36, -64

Subtracting these values from the original sequence gives the linear sequence ...

  76, 116, 156, 196

which has first term 76 and common difference 40. The equation for the n-th term of this is ...

  an = 76 +40(n -1) = 36 +40n

Adding this linear sequence to the sequence of squared terms, we get ...

  Tn = -4n² +40n +36

ASAP PLSSSSSSSS TYYYYYY

Answers

The answer would be 16% then 10%

Answer:

20% of students prefer to go to the aquarium

50% of teachers prefer to go to the aquarium

Step-by-step explanation:

1.

8 students prefer the aquarium out of 40 students.

Set up an equation:

Variable x = percentage of students

8/40 = x/100

Cross multiply:

8 × 100 = 40 × x

800 = 40x

20 = x

Divide:

20%

Check your work:

40 students × 20%

Convert percentage into decimal:

40 × 0.20

8

8 students prefered the aquarium so this is correct!

2.

5 teachers prefer the aquarium out of 10 teachers.

Set up an equation:

Variable x = percentage of teachers

5/10 = x/100

5 × 100 = 10 × x

500 = 10x

50 = x

50%

Check your work:

10 × 0.50

5

Correct!

help please! I need the answer quickly! thank you!

Answers

Answer:

B) 1 unit to the left

Step-by-step explanation:

What is the perimeter of the octagon below!!

Answers

Answer:

C) sixty five units

Step-by-step explanation:

have a great day

Need help pls will give brainly

Answers

Where are the diagrams? I need to see them in order to answer the question

The three sides of a triangle are n, 3n+3, and 3n−1. If the perimeter of the triangle is 72m, what is the length of each side?

Answers

Answer: 10m, 33m, and 29m

Step-by-step explanation:

n + 3n+3 + 3n-1 = 72m

7n+2=72m

7n = 72-2

n = 70/7

n = 10

A group of friends try out a new game that uses a pair of ordinary, fair dice. Points are given to players based on the sum of the two numbers from the rolled pair of dice. If the sum is between 2 and 5, inclusive, the amount of points awarded is the sum minus 1. If the sum is between 6 and 9, inclusive, the amount of points awarded is the sum minus 3. If the sum is between 10 and 12, inclusive, the amount of points awarded is the sum minus 5. Calculate the probability of earning exactly 5 points.

Answers

Answer:

0.2222 = 22.22% probability of earning exactly 5 points.

Step-by-step explanation:

A probability is the number of desired outcomes divided by the number of total outcomes.

Possible outcomes:

For the pair of dice:

(1,1), (1,2), (1,3), (1,4), (1,5), (1,6)

(2,1), (2,2), (2,3), (2,4), (2,5), (2,6)

(3,1), (3,2), (3,3), (3,4), (3,5), (3,6)

(4,1), (4,2), (4,3), (4,4), (4,5), (4,6)

(5,1), (5,2), (5,3), (5,4), (5,5), (5,6)

(6,1), (6,2), (6,3), (6,4), (6,5), (6,6)

So 36 total outcomes.

If the sum is between 6 and 9, inclusive, the amount of points awarded is the sum minus 3.

Sum of 8 -> 5 points awarded. So

(2,6), (3,5), (4,4), (5,3), (6,2): 5 outcomes.

If the sum is between 10 and 12, inclusive, the amount of points awarded is the sum minus 5.

Sum of 10 -> 5 points awarded. So

(4,6), (5,5), (6,4): 3 outcomes.

Desired outcomes:

5 + 3 = 8

Calculate the probability of earning exactly 5 points.

[tex]p = \frac{D}{T} = \frac{8}{36} = 0.2222[/tex]

0.2222 = 22.22% probability of earning exactly 5 points.

identify an equation in point slope form for the line perpendicular to the y=-1/2x+11 that passes through (4,-8). a. y+8=1/2(x-4) b. y-4=2(x+8) c. y-8=1/2(x+4) d. y+8=2(x-4)

Answers

Answer:

d. y+8=2(x-4)

Step-by-step explanation:

There are 2 important parts to this question. First, understanding which slopes are perpendicular. The negative reciprocal of a number will be perpendicular to it. So, since the original slope is -1/2 the new slope should be 2.

Then, remember what the point-slope formula is. The point-slope formula is: [tex]y-y_{2}=m(x-x_{2})[/tex]. So if you plug in the point and slope the new equation looks like, [tex]y--8=2(x-4)[/tex]. Then, simplify for the final answer of [tex]y+8=2(x-4)[/tex].

properties of exponents. the answer is 1/2^3 i need help with the work

Answers

(2^-1)^2/2×2^0

2^(-1×2)/2^1

2^-2/2^1

2^(-2-1)

2^(-3)

(1/2)^3

Properties used (m^n)^a = m^na

(m)^-n = (1/m)^n

m^0 = 1

m^n/m^a = m^(n-a)

Must click thanks and mark brainliest

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