7. Lin is saving $300 per year in an account that pays 15% interest per year,
compounded annually. About how much money will she have 20 years after she
started?
A. $545.45
B. $3,748.78
C. $9,411.43
D. $1,124,634,54

Answers

Answer 1

Answer:

c

Step-by-step explanation:

to much working out but just as a summary section of working out

3*15=45

300+45=$345(1st year)

345+300=645

6.45*15=96.75

645+96.75=$741.75(2nd year)

keep on doing that until you beat 2 in list and use common sense to realise that (d) is too big, and (b, a) is too small so (c) is the correct amount. (this is quicker than actually doing all 20 years)

Answer 2

The total money with Lin after 20 years will be $4910.   

What is the formula to calculate compound interest?

The formula for compound interest -

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

Given is that Lin is saving $300 per year in an account that pays 15% interest per year, compounded annually.

We can write the total money with Lin after 20 years as -

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

A = 300(1 + 0.15/1)²⁰

A = 300(1 + 0.15)²⁰

A = 300 x (1.15)²⁰

A = 300 x 16.37

A = 4910

Therefore, the total money with Lin after 20 years will be $4910.   

To solve more questions on compound interest, visit the link below -

https://brainly.com/question/29134153

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Related Questions

Sofia earns $9 per hour mowing lawns. The total amount earned (t) equals the amouont earned per hour times the number of hours (h) . Which equation gives the total amount earned t if Lina works (h) hours ?

Answers

Answer:

9h

Step-by-step explanation:

Given data

Sofia earns $9 per hour mowing lawns

Let the total amount earned be t

and let the time worked be h

Hence

t= 9*h

t= 9h

The expression is 9h

Discover the rate of change (slope) of these two points. (-4, 5) and (5,-4).​

Answers

Answer:-1

Step-by-step explanation:

slope = y2-y1/x2-x1

Plug in all the values

-4-5/5+4

-9/9

= -1

Jordan is baking brownies and will choose to use either a round or a rectangular pan. The dimensions of the bottom of each pan are shown below.

Answers

we need the dimensions of the pan to figure it out.

A basketball team wants to paint half of free-throw circle grey. If the circumference of the free-throw is 30.77, what is the area that will be painted grey. Use 3.14 or pie.

Answers

Answer:

3.14

Step-by-step explanation:

Because you know it's the right answer.

convert the decimal number 356 to a Quinary number

Answers

Answer : Yes the answer to your question is 2411.

Explanation : how I got the answer

To convert decimal number 356.625, we convert its integer and fraction part individually and then add them to get the equivalent quinary number, as below:

To convert integer 356 to quinary, follow these steps:

Divide 356 by 5 keeping notice of the quotient and the remainder. Continue dividing the quotient by 2 until you get a quotient of zero.

Then just write out the remainders in the reverse order to get the equivalent quinary number.

356 / 5 = 71 with remainder 1

71 / 5 = 14 with remainder 1

14 / 5 = 2 with remainder 4

2 / 5 = 0 with remainder 2

Here is the answer to 356 decimal to quinary number:

2411

Line p and line q are ______

Answers

Line p and q are not parallel, because the two given alternate interior angles are not congruent. (It’s B)

What is the length of Line segment A C?

Answers

Answer:

12

Step-by-step explanation:

The triangles are similar because they have the same angles.

Make a proportion to solve for AC which we will substitute with variable x.

AM = MB = 4

AB = AM + MB = 8

BN = NC = 3

BC = BN + NC = 6

big triangle sides: 8, 6, x

small triangle sides: 4, 3, 6

now we can write proportion.

8/4 = x/6

x = 12

AC = 12

In a survey of 200 employees of a company regarding their 401(k) investments, the following data were obtained.
142 had investments in stock funds.
84 had investments in bond funds.
67 had investments in money market funds.
50 had investments in stock funds and bond funds.
33 had investments in stock funds and money market funds.
35 had investments in bond funds and money market funds.
21 had investments in stock funds, bond funds, and money market funds.
(a) What is the probability that an employee of the company chosen at random had investments in exactly two kinds of investment funds? (Enter your answer to three decimal places.)


(b) What is the probability that an employee of the company chosen at random had investments in exactly one kind of investment fund? (Enter your answer to two decimal places.)


(c) What is the probability that an employee of the company chosen at random had no investment in any of the three types of funds? (Enter your answer to three decimal places.)

Answers

Answeni ideAA{

}

Step-by-step explanation:

Identify each expression as linear or not linear.

5x + 3 please help me if you do I will pray for you

Answers

5x + 3 is a linear equation in one variable

What is the value of x?
sin(x + 25)" = cos(2w +20)".

Answers

Answer:

the value is 1789 trust me out that in

Step-by-step explanation:

it just is

Simplify -5^2 + 8|-1| + (-3).

30
-36
-20
14

Answers

Answer:

-20

lmk if u need a step-by-step explaination id be glad to help you <3

Answer:

-20

Step-by-step explanation:

-5 ^ 2 is -25

|-1| is the same as 1

so this will be

-25 + 8 - 3

- 20

Which radical expressions are equivalent to the exponential expression
below? Check all that apply.

Answers

Step-by-step explanation:

:)

Hola bro espero y te sirva

Please help ! What’s the answer ?!!

Answers

Answer:

x= 70

Step-by-step explanation:

Answer is first option, so x=70

solve 5w=- -75 please help me

Answers

Answer:

Step-by-step explanation:la neta ni idea ‍♀️

In converting 9 inches to yards, what unit (omit the number) would you place
in the numerator of your ratio? Use the plural form in your answer. Remember
that there are 36 inches in 1 yard.

Answers

To convert inches to yards you would divide the number of inches by inches per yard.

The numerator would be the inches given and the denominator would be 36

The ratio would be inches / inches per yard.

Numerator = inches

$5 out of every $100 a worker earns goes for clothes. On $4,000 a year wages, how much does he spend on clothes?

Answers

Answer: $200 on clothes
(If he uses the 200 on clothes he basically only earns $3,800 yearly)

If $5 out of every $100 a worker earns goes for clothes, the worker spends $200 on clothes from a $4,000 annual wage.

To determine how much a worker spends on clothes from a $4,000 annual wage, we need to calculate 5% of that amount.

The worker spends $5 out of every $100 earned on clothes. This means the worker spends 5% of their earnings on clothes.

To find 5% of $4,000, we can multiply $4,000 by 0.05:

$4,000 * 0.05 = $200

This calculation is based on the assumption that the worker consistently spends 5% of their income on clothes throughout the year.

To learn more about amount click on,

https://brainly.com/question/13656761

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how long will they take to make 504 muffins if they will be using 4 ovens?

Answers

Answer:

,‍♀️‍♀️‍♀️☺️️️️️️‍‍‍‍‍‍‍‍‍‍‍‍⚖️‍‍⚖️‍‍‍‍❤️‍‍‍❤️‍‍‍❤️‍‍‍❤️‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍️️☘️️️☃️⭐njdjdnfjfnfnfnf

What is the value of f(3) in the function below? f(x) = 1/2 .2^x O A. 4 B. 2 O c. 133 3 2 D. 8​

Answers

Answer:

B

Step-by-step explanation:

To evaluate f(3) substitute x = 3 into f(x) , that is

f(3) = [tex]\frac{1}{4}[/tex] × 2³ = [tex]\frac{1}{4}[/tex] × 8 = 2 → B

Answer:

2

Step-by-step explanation:

f(3)=1/4×2^3

f(3)=1/4×8

f(3)=8/4=2

This is the hardest question on here and it’s worth points so I need help

Answers

Answer:

P = 11 4/5

Step-by-step explanation:

Let L = 2 1/2 and w = 3 2/5

[tex]P=2(2\frac{1}{2})+2(3\frac{2}{5})\\\\P=5+6\frac{4}{5}\\\\P=11\frac{4}{5}[/tex]

Answer:  11

The perimeter as a mixed number is P = 11 & 4/5, but it seems like your teacher only wants the whole part of the answer. So you'll just type 11.

============================================================

Work Shown:

1/2 = 0.5

2 & 1/2 = 2 + 1/2 = 2 + 0.5 = 2.5

This shows that L = 2.5 ft

Similarly, W = 3.4 ft because 3+2/5 = 3+0.4 = 3.4

-----------------

Plug those L and W values into the perimeter formula

P = 2L + 2W

P = 2*2.5 + 2*3.4

P = 5 + 6.8

P = 11.8

now convert back to a mixed number

11.8 = 11 + 0.8

11.8 = 11 + 8/10

11.8 = 11 + 4/5

11.8 = 11 & 4/5

The perimeter is 11 & 4/5 ft. In other words, the perimeter is 11 whole feet plus an additional 4/5 of a foot.

Your teacher seems to only want the whole part of the answer, assuming they only want the stuff in the box indicated with a question mark. If that's the case, then you'll type 11 into the box to write the final answer.

Write the log equation as an exponential equation. You do not need to solve for x. \log_9\left(2\right)=2x-1 log 9 ​ (2)=2x−1

Answers

Answer:

[tex]9^{2x-1} = 2\\[/tex]

Step-by-step explanation:

According to the law of logarithm;

[tex]If \ log_ab = x\\a^x = b[/tex]

Given

[tex]\log_9\left(2\right)=2x-1[/tex]

Comparing with the original expression;

a = 9, b = 2 and c = 2x - 1

Substitute into the result indicinal expression;

[tex]9^{2x-1} = 2\\[/tex]

This gives the required exponential equation

A rectangular room has an area of 12 m².the length of the room is 4m. what is the width of the room?​

Answers

Answer:

3

Step-by-step explanation:

area of rectangle = length × width

so the the given area is 12

area of rectangle is 12 = 4 × width

so when we multiply 4 × 3 we get 12

and the final answer is ...

area of rectangle = length × width

4× 3 = 12

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Test Player
a/growth/w/test-player
100% a
A baker has already made 4 batches of cookies and needs a total of at least 150 cookies for an event. If one batch makes 12 cookies, which
graph shows how many more batches the baker needs to make to have enough cookies for the event?
A.
HHHH
OC.
HHH
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Answers

27——————————————————-

I need help with this question

Answers

Answer:

$18.63

Step-by-step explanation:

15% of 45 is equal to 45 times .15, which is equal to 6.75.

45+6.75 = 51.75

Ben resold the guitar for $51.75

36% of 51.75 is equal to 51.75*.36 or 18.63

Ben spent $18.63 on books

18.63

15% of 45 is equal to 45 times 15 which is equal to 6.75

PLS ANSWER QUICKLY FIRST CORRECT ANSWER GETS BRAINLY

Answers

The correct answer is A=0 and B=1 trust me, its the correct answer. it’s the solution in integer form which the answer choices are in. Hope that helps!

Please help me solve my problem!!!

Answers

True

Hope this helps! :)

______________

Twenty-five sixth-grade students were asked to estimate how many hours a week they spend talking on the phone. This dot plot represents their reported number of hours of phone usage per week.

Answers

Answer:

where is the dot plot??

Step-by-step explanation:


Write the Slope Intercept Form equation of the line that passes through the points (-4,-2) and (-2,3)

Answers

Answer:

y = 5/2x + 8

Step-by-step explanation:

y2 - y1 / x2 - x1

3 - (-2) / -2 - (-4)

5 / 2

= 5/2

y = 5/2x + b

3 = 5/2(-2) + b

3 = -5 +  b

8 = b

Find the total surface area of a right cylinder with a radius of 3 inches and a height of 17 inches. Round to the nearest tenth.

Answers

Answer:

Step-by-step explanation:

Find the total surface area of a right cylinder with a radius of 3 inches and a height of 17 inches. Round to the nearest tenth.

Your

Are you a Republican or Democrat? Why? Just curious to hear others opinions

Answers

i am more of a democrat because to me it feels right about my beliefs being subtle and protected

Simplify. Write the answer using scientific notation.
8(710-3)
A. 56 x 10-3
B. 5.6 *10-2
C. 4.48 x 10-1

Answers

Answer:

A. 56×10 -3

Step-by-step explanation:

Just multiply 8 and 7 and number of zeros should remain same.

[tex]8(7 \times 10 {}^{ - 3} ) \\ 56 \times 10 {}^{ - 3} [/tex]

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