Carl deposits $500 into the bank for 8 years with a 3% interest rate. After 8 years, how much will he have in the account?

Answers

Answer 1

After 8 years, the amount of money which Carl would have in the bank account is equal to $620.

How to calculate the future value?

Mathematically, simple interest can be calculated by using this formula:

S.I = PRT or S.I = A - P

Where:

S.I represents the simple interest.P represents the principal or starting amount.R represents the interest rate.A represents the future value.T represents the time measured in years.

Substituting the given parameters into the simple interest formula, we have the following;

S.I = 500 × 3/100 × 8

S.I = $120.

Now, we can calculate the future value (A) as follows;

Future value (A) = P + S.1

Future value (A) = 500 + 120

Future value (A) = $620.

Read more on simple interest here: brainly.com/question/25793394

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Related Questions

Ez hw for my lil sis

Answers

Answer:

an apple is a cirlce and phone is a rectangle

Step-by-step explanation:

Answer:

Triangle and Circle

Banana and apple

Pizza and Pineapple

Bread and Corn

Which is bigger 3/12 or -4/5

Answers

Step-by-step explanation:

3/12 = 0.25

-4/5 = - 0.8

so since the 2nd one is negative.

so 3/12 is the bigger

3/12 cause the other is negative

A simple random sample of size 51 has sample mean of 70.72. The population distribution is approximately normal, with population standard deviation of 16.25. Determine the correct method of finding a 95% confidence interval for the unknown population mean and compute it. z-method: (66.26, 75.18) Cannot compute: the population size is too small. t-method: (66.15, 75.29) z-method: (66.15, 75.29)

Answers

Answer:

z-method: (66.26, 75.18)

Step-by-step explanation:

We have the standard deviation for the population, which means that we use the z-distribution to solve this question.

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1 - 0.95}{2} = 0.025[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1 - \alpha[/tex].

That is z with a pvalue of [tex]1 - 0.025 = 0.975[/tex], so Z = 1.96.

Now, find the margin of error M as such

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 1.96\frac{16.25}{\sqrt{51}} = 4.46[/tex]

The lower end of the interval is the sample mean subtracted by M. So it is 70.72 - 4.46 = 66.26

The upper end of the interval is the sample mean added to M. So it is 70.72 + 4.46 = 75.18

The correct answer is z-method: (66.26, 75.18)

Find perimeter of rectangle when length = 4.6m and breadth = 360cm​

Answers

Answer:

16.4 m²

Step-by-step explanation:

length = 4.6 m

breadth = 360 cm = 360 ÷ 100 = 3.6 m

Perimeter = 2*(l + b)

                 = 2 * ( 4.6 + 3.6)

                 = 2 * 8.2

                  = 16.4 m²

A line has a slope of 6 and a y-intercept of 9. What is its equation in slope-intercept
form?

Answers

answer: y=6x+9

explanation: y=mx+b

Answer:

y=6x+9

Step-by-step explanation:

y=mx+b where m=slope and b=y-intercept

hi can anyone help me with this please

Answers

Answer:35in.

Step-by-step explanation:

I reccomend splitting it into sections when given problems like this.

The smaller two rectangles would be 5in * 2in which is 10in then just add them together.

For the bigger one, you'd do 5-2 in order to get the missing inches which will be 3+2 once added 5in*3in is 15in.

Finally, add 15+10+10 (15=The middle rectangle and 10=the sides)

Answer:

Break it up into pieces. The answer is 35in^2

Step-by-step explanation:

I took the first rectangle you see which is 5in by 2. Multiply that and you get 10

I then took the second one and is the 5 in by 3in. Multiply those and you get 15

The last one is the exact same as the first one

Add the areas all together and you get the area of the whole shape

Hope that helps

All of number 3 plz and thank u!

Answers

Hey what class is this for so I can help

COMBINE ALL LIKES TERMS.
r+r+r+r


r+3r+2​

Answers

Answer:

r+r+r+r=4r

r+3r+2=4r+2

Step-by-step explanation:

1. r+r+r+r

 r+r+r+r

=(r+r)+(r+r) ⇔ Group two together

=2r+2r ⇔ Simplify

=4r

2. r+3r+2

 r+3r+2

=4r+2

Hope this helps!! :)

Please let me know if you have any quesitons

Answer:

8r+2

Step-by-step explanation:

Will mark brainliest !! Easy math

Answers

Answer:

increase = 37.38 cm²

You'd like the first way because it took less effort and less chance of a miscalculation.

Step-by-step explanation:

first way:

(just work with the difference in height)

(0.7 x 8.7 x 2) + (0.7 x 18 x 2) = 37.38 cm²

second way:

old total lateral surface area = (31 x 8.7 x 2) + (31 x 18 x 2) = 1655.4

new total lateral surface area = (31.7 x 8.7 x 2) + (31.7 x 18 x 2) = 1692.78

increase = 1692.78 - 1655.4 = 37.38 cm²

Answer:37.38cm2

Step-by-step explanation:

Connie bought 172 tulip bulbs. She wants to plant an equal number of bulbs in each of 4 flower beds. How many bulbs should Connie plant in each flower bed?
(wrong answer will get you reported)

Answers

Answer:

43

Step-by-step explanation:

172/4= 43

PLEASE HELP, anything appreciated

Answers

Answer:

1:81

Step-by-step explanation:

figure b is 81 times bigger

Tell whether the following binomial is a factor of the polynomial

binomial- (x+8)

Polynomial- x^5-8x^4+8x-64


Please help :)

Answers

Answer:

Given polynomial

x⁵-8x⁴+8x-64= x⁴(x-8)+8(x-8)= (x-8)(x⁴+8)

after factorization of the given polynomial we didn't get any factor (x+8) , hence the following bionomial is not the factor of the polynomial.

Solve the system of equations by finding the reduced row-echelon form of the augmented matrix for the system of equations.
x + y - z = -2
2x - y + 3z = 9
x - 4y - 2z = 1

Answers

Answer:

8

Step-by-step explanation:

k

Find the degree of the polynomial – 3x + x² +3.​

Answers

Answer:

Step-by-step explanation:

Degree means highest exponent.  got it?

I believe the answer is: 2

Hope this helps :)

Two intersecting segments form the diagonals of a quadrilateral. What additional information do you need to know about the diagonals to prove that a quadrilateral is a parallelogram

Answers

Answer:

B. They must bisect each other

Step-by-step explanation:

Found the answer on quizziz

What is the value of the smaller zero of the function f(x) = 2x2 - 8x - 24?

Answers

2x^2 - 8x - 24
X^2 - 4x - 12
(X - 6) (x + 2) = 0
X= 6 X= -2
Smaller zero: X =2

If I invest $1,000 at an 8.5% interest rate, how much money will I earn over 6 years?

Answers

6,000$

if the answer is wrong i am sorry :(

Answer:

$510

Step-by-step explanation:

Make a box-and-whisker plot for the set of data.
21, 27, 27, 25, 21, 13, 18, 25

Answers

Lowest number 13 Highest is 27

1st or lower quartile is 16.5

the median is 21

the 3rd or upper quartile I found between 22 and 24 which would be 23.

Help please!!!! I’ll appreciate it so much!

Answers

Answer:

13. x = 4

14. x = -16

15. x = 11

Step-by-step explanation:

You can use photo math for the answers !

what is the lateral area of the cone? 10 yd and 12.1 yd

Answers

Answer:

The lateral area will be "381 yd²". A further solution is provided below.

Step-by-step explanation:

The given values are:

Radius of cone,

r = 10 yd

Height of cone,

L = 12.1 yd

As we know,

The lateral surface area of cone is:

=  [tex]\pi r L[/tex]

On substituting the values, we get

=  [tex]\frac{22}{7}\times 10\times 12.1[/tex]

=  [tex]\frac{22}{7}\times 121[/tex]

=  [tex]380.28 \ yd^2[/tex]

0r,

=  [tex]381 \ yd^2[/tex]

Are these triangles similar? If yes, write a similarity statement.

Answers

Yes because they both have the same degrees, but one is slightly rotated

A metal bar weighs 9.65 ounces. 78% of the bar is Gold. How many ounces of
Gold are in the bar? (round to the nearest thousandths)

Answers

Answer: 7.527 oz

Step-by-step explanation: 78%= 0.78

Mass of gold is 0.78 · 9.65 oz = 7.527 oz

A restaurantis planning to make changes to its menu. In order to decide which potential menu items are most popular with the city's population, the owners will conduct a survey. Which survey methods would produce a representative sample of the city's population

Answers

Answer:

Simple random sampling survey method

Step-by-step explanation:

A simple random sampling is an unbiased survey technique Hence it will represent all the parts of the city's population.

In statistics, a simple random sample is a subset of individuals (a sample) chosen from a larger set (a population). Each individual is chosen randomly and entirely by chance, such that each individual has the same probability of being chosen at any stage during the sampling process

Answer:

hope i helped :)

Step-by-step explanation:

some survey methods that could produce a representative sample of the city's population could be as follows:

o panel sampling

o online surveys

o mail-in surveys

Find the probability

Answers

Answer:

33.3333%

Step-by-step explanation:

each side would be 50% and if one side is split between three it would equal if it was 16.6667 each

since tehre are two red sides multiply 16.6667 by 2 and u get 33.3333%

A point is chosen at random on AK.
What is the probability that the point
will be on FI? Don't forget to reduce.
A B с E F G H I J KI
HHHHHHHHHHHHHH
-10 -8 -6 -4 -2 0 2 4 6 8 10

Answers

Answer: 3/10

Step-by-step explanation: 6/20 reduced = 3/10 for acellus

Probability -

Probability is the branch of mathematics that studies the possible outcomes of given events together with the outcomes' relative likelihoods and distributions.For example, the probability of flipping a coin and it being heads is ½, because there is 1 way of getting a head and the total number of possible outcomes is 2 (a head or tail).

Given,

            A B с E F G H I J KI

           HHHHHHHHHHHHHH

          -10 -8 -6 -4 -2 0 2 4 6 8 10

So,

       The probability that the point will be on FI

                     A B KI C D E E G H J

                         HHHHHHHHH

                     -6 -4 -2 0 2 4 6 8 -10° -8 10

Enter Done q W er t y u i O p a a s d f f gh j k Z X C V b n m X 123 space return .

Learn more about probability  brainly.com/question/11034287

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Solve this and put it an inequality.
|x - 7|=x-7

Answers

Answer:

x>=7

Step-by-step explanation:

Since the equation on the right is equal to the equation on the left that means that x has to be greater or equal to 7 to make the statement true.

Find the sum or difference. (5a – 3b2 – a) + (b – 5 + 8a2)

Answers

Answer:

C

Step-by-step explanation:

5a - 3b^2 - a + b - 5 + 8a^2

8a^2 - 3b^2 + 4a + b - 5


JOE CAN READ 27 PAGES IN 3 HOURS. HOW MANY CAN HE READ IN 9 HOURS?

Answers

The correct answer is 81 hours

Find the value of x. Round to the
nearest tenth.
х
33
6

Answers

Answer:

cos(33) = 6/X

cos(33)*6= X

X= 5.03202340767254

rounded to the nearest tenth it is 5

therefore X= 5

The value of x in the given digram using trigonometry to the nearest tenth is 7.15.

What is the value of x ?

The given image is a right triangle. A right triangle is a triangle that has three sides with one of the angles measuring 90 degrees.

Given an angle and the length of the adjacent side, we are to determine the value of the hypotenuse using cos.

Cos = adjacent / hypotenuse

cos 33 = 6 /h

h = 6 / cos 33

h = 6 / 0.83867

h = 7.15

To learn more about right angled triangle, please check: https://brainly.com/question/20694080

Are (-2,4), (2,4), (4,2), (-2,-4) a function?

Answers

Answer:

Yes

Step-by-step explanation:

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