This equation calculates the value, P, of an account with an initial deposit of P0 and an interest rate of r compounded n times per year after t years.
P = P0 (1+r/n)nt
Vanessa deposits $700 in a savings account with an interest rate of 2% compounded monthly. Assuming she neither adds to nor withdraws from the account, what will be the approximate value of the account in 7 years?
А. $889.57
B. $887.77
C. $714.13
D $805.10​

Answers

Answer 1

Answer:D

Step-by-step explanation:

Plug in 700 for P0, .02 for r, 12 for n and n, and 7 for 5.

Answer 2

Approx value of the account in 7 years will be 805.10$.

What is compound interest?

Simple interest and compound interest are the two methods for calculating interest. Simple interest is computed on a loan's principal, or initial loan amount. Compound interest is sometimes referred to as "interest on interest" since it is computed using both the principal and the accrued interest from prior periods.

Given that equation calculates the value, P, of an account with an initial deposit of P0 and an interest rate of r compounded n times per year after t years.

P = P0 (1+r/n)nt

Vanessa deposits $700 in a savings account with an interest rate of 2% compounded monthly. Assuming she neither adds to nor withdraws from the account.

Hence, initial deposit:$700.00

Interest rate:2% yearly

Time:7 years

Compounding: Monthly so n = 12

put these values in the given equation. we will get P = 805.10

Therefore the value of the account in 7 years will be 805.10$.

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Related Questions


In Mr. Thompson's first period class, there are 6 students with blue eyes, 8 students with brown eyes,
5 students with grey eyes, and 1 student with hazel eyes. If Mr. Thompson selects one student
randomly, what color eyes is the student most likely to have?

Answers

Answer:

blue

Step-by-step explanation:

There the most common eyes in the class?

Answer:the student would most likely have blue eyes

Step-by-step explanation:

8/20

6/20

5/20

1/20

Identify the solutions of the graph. Only put one number in each blank.
___________ ___________

Answers

Answers:  -2 and 2

Explanation:

The solutions to a graph are the same as the roots, zeros, or x intercepts. The x intercept is the location of the curve where it crosses or touches the x axis. In this case, it does so when x = -2 and x = 2.

-2 and 2 is the answer to the graph. These values are the x values plotted on your graph.

Can somebody please help me with this whoever answers first gets a thanks and no rush but can you please be quick

Answers

Answer:

Bookstore to pet store: Down 6 units

Bookstore to Ice cream shop: Down 1 unit, 5 units to the left

Ice cream shop to pet store: Down 5 units, 5 units to the right

Sorry if this is wrong the image is a little blurry

You withdrew $36.25 from your checking account. Now your balance is −$14.75. Write and solve an equation to find the amount of money in your account before you withdrew the money?

Answers

Answer:

SIMPLE, −$14.75 + $36.25 = $21.50

Step-by-step explanation:

TO CHECK OURSELVES:

21.50 -  36.25 = -14.75

YOUR WELCOME


You own a truck that has a trailer in the shape of a rectangular prism. It has a height of 15 m and a length of 40m, and a width of 10 m. If you wish to fill this trailer with 5m x 5m x 5m cubic boxes, how many boxes will fit into
the trailer

Answers

Answer:

48 boxes

Explanation:

First, find the volume of the rectangular prism (l*w*h) to find out how much it can hold.

15*40*10= 6,000

Then, find the volume of the cubic boxes (l*w*h) to find how much space each of them take up.

5*5*5= 125

Finally, divide the rectangular prism's volume by the boxes' to find out how many can fit inside.

6,000/125= 48 boxes

A sphere has a radius of 5. What is its diameter?

Answers

Answer:

D=10

Step-by-step explanation:

Diameter of a Sphere

D = 2 r

D=2(5)

D=10

Answer:

Diameter = 10

Diameter - is the full thing

Radius - Is only half of the diameter.

Step-by-step explanation:

The picture will explain it to you visually

The distance by road from town A to town B is 242km.
What is 50% of that distance? A484 b 121 c 242 d
13

Answers

Answer: Option b 121km

50% means half, so the half of 242km is 121km, so option B 121 is correct.

Step-by-step explanation:

242/2=121

Have a nice day!

and can I maybe have brainliest? Thanks!

Answer:

Step-by-step explanation:

36 - 4

Step-by-step explanation:

(6x - 2)(6x + 2)

= (6x)(6x) + (6x)(-2) + (2)(6x) + (-2)(2)

= 36 - 12x + 12x - 4

= 36 - 4

What is the value of 12(x + 5)?​

Answers

Answer:

12(x+5)=

12x+60=

12x÷12 & 60÷12

x=5

Find the value of x in the triangle shown below
a.x=28
b.x=56
c.x=28
d.x=20

Answers

Answer:

D.

Step-by-step explanation:

Answer:

[tex] \huge\mathfrak\pink{S} \huge\mathfrak\purple{o} \huge\mathfrak\blue{l} \huge\mathfrak\red{u} \huge\mathfrak\green{t} \huge\mathfrak\pink{i}\huge\mathfrak\purple{o}\huge\mathfrak\red{n}\huge\mathfrak\orange{➔}\ [/tex]

by using Pythagoras law:

h²=p²+b²

x²=16²+12²

x=√400

x=20 units.

Two rectangular prisms have the same volume.the first prism has a length of 10 meters a width of 6 meters and a height of 2 meters. The second prism has a length of 6 meters and a width of 4 meters

Answers

Answer:

height of second rectangular prism is 5 meters

Step-by-step explanation:

VWXY is a parallelogram. Find the value of n.
Help meeee

Answers

Answer:

3.5

Step-by-step explanation:

n+7=3n

7=2n

n=3.5

Answer:

n=7/2

Step-by-step explanation:

n+7=3n

-n     -n

7=2n

/2  /2

7/2=n

PLS HELLP PLS PLS
Aarons bedroom measures. feet by 14 feet by 8 feet. how many cubic feet of space does the room contain? round ur answer to the nearest hundredth

Answers

Answer:

it would be 100 rounded because 14x8=112 and 112 is rounded to 100 to the nearest hundreth. Please subscribe to Amiredagoat Yt

Step-by-step explanation:

Please help, I will give brainliest!!!

The table models the flight of the projectile from Part A

Which of these statements is true?
A) h(4) < h(20)
B) The flight is symmetric about the line t=10
C) The projectile will hit the ground at some value of t less than 24.
D) If 0<a<12, then h(12-a) = h(12+a).​

Answers

If 0 < a < 12, then h(12 – a) = h(12 + a) is true. Then the correct option is D.

What is a projectile motion?

When a body is thrown in the air at an angle, then the term is known as projectile motion.

The table is given in the question.

A) h(4) < h(20), this statement is incorrect, because the h(4) = h(20).

B) The flight is symmetric about the line t = 10, this statement is incorrect, because symmetric about t = 12.

C) The projectile will hit the ground at some value of t less than 24. This is incorrect, because t > 24.

D) If 0 < a < 12, then h(12 - a) = h(12 + a).​ This statement is correct.

Then the correct option is D.

More about the projectile motion link is given below.

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Please quickly help me with this question please please please please please I’m beggig

Answers

Answer:

D: Point A is 1 unit to the right of the origin and point B is 3 units to the right of the origin.

Step-by-step explanation:

The coordinate (1, 3) is in quadrant 1 with a positive y, moving the point up, and a positive x, moving the point right. Because the x is 1, the point moves 1 unit right from the origin.

The coordinate (3, 1) is also in quadrant 1 with a positive y and x, but this time the x is 3, moving the point 3 units right from the origin.

A:Consecutive interior angles
B:Vertical angles
C:Alternate exterior angles
D:Corresponding angles

Answers

Answer:

D: corresponding angle

hope it helps.

Answer:

corresponding angles

Step-by-step explanation:

hope it is helpful ><

Find the length of the cable in the diagram below.

Answers

Answer:

13.4

Step-by-step explanation:

it is A square +b square =c square which is just 12×12=144 + 6×6=36 and then add them together which is 180, then just square root 180 can do it for every type of question like that and always remember the longest side is c, and the other two it doesn't matter which is A or B.

How much water will be needed to completely fill a rectangular tank that has a length of 3 meters a width of 3 meters
and a height of 18 meters?

(A) 162 cubic meters
(B) 24 cubic meters
(C) 324 cubic meters
(D) 108 cubic meters

Answers

Answer:

A

Step-by-step explanation:

because when you multiply 3x3 (the base) times 18(the height) you get= 162

KM and NP are parallel lines.

Which angles are alternate exterior angles?

Answers

Answer:

<MLJ and <NOQ

Step-by-step explanation:

Alternate exterior angles are angles that lie outside of the two parallel lines that are cut across by the transversal line, and are also alternating each other along the transversal

Considering the image and the options given, <MLJ and <NOQ are exterior angles that alternate each other. Therefore, they are alternate exterior angles.

What is the area, in square centimeters, of the shaded part of the rectangle shown below

Answers

Answer:

Step-by-step explanation:

i think you forgot to link or import the question

A cube with sides that are 2 cm has a mass of 48 g and its density would be
___________ g/cm3.

Answers

Answer:

6g/cm^3

Step-by-step explanation:

The density of the cube would be 6 grams/cm^3. I got this answer by first finding the volume of the cube, 2^3 which gives me 8 cm as the initial volume of the cube. Then, the 48 grams of mass the cube has allows me to divide 48 / 8 which gave me 6. And 6 would be the density of the cube in grams.

Answer: 6g/cm^3

Hope this helps!

Answer:

p = 6 g/cm³

Step-by-step explanation:

Given: cube sides= 2 cm and 48 g

To find: The cube's density

Formula: [tex]{p} \frac{m}{V}[/tex]

Solution: Measure the height, width, and depth of the shipment in inches.

Multiply the three measurements (height x width x depth).

Divide the total cubic inches by 1,728 (the number of cubic inches in a cubic foot).

Divide the weight (in pounds) of the shipment by the total cubic feet.

p = density

m = mass

V = volume

hey guys i'm having a rough night and i can't figure out my homework rn i'm just too stress please help

Answers

Answer:

3a) 54/99

3b) 257/999

Hope this'll help you!

For every 3 boys in a class, there are 2 girls.
If there are 20 children in the class, how many girls are in there?

Answers

There are 8 girls in the class
The answer is 8 because 3+2=5 and 5 times 4 is 20 and 4 times two girls is 8 :)

7 1/2 x 4 1/3 x 3 3/5

Answers

Answer:

answer: 117

Hope this helps!

Answer:

117

Step-by-step explanation:

Convert mixed numbers to improper fractions:

7 1/2 = 15/2

4 1/3 = 13/3

3 3/5 = 18/5

15/2 x 13/3 x 18/5

Multiply and cross-cancel:

18/2 x 13/1

Multiply again:

117/1 = 117

Kristian spends 45% of his $72 on a computer game. Calculate the price of the computer game

Answers

Answer:

$32.40

Step-by-step explanation:

45% = 0.45

72(0.45) = 32.4

Based on the amount Kristian had and the percentage spent on the game, the price of the game is $32.40.

What is the Price of the Game?

The price of the game can be found as:

= Amount Kristian has x Percentage spent on game

Solving gives:

= 45% x 72

= $32.40

In conclusion, the price of the game is $32.40.

Find out more about percentages at https://brainly.com/question/11570843

pls helpppp im so stuckk

ahhhhhgggg

Answers

Answer:

hmm easy peesy

3x+6= 21

21-6=3x

15=3x

5 = X

meet my dog; (Frankie the sleeping beauty )

Answer:

x = 5

Step-by-step explanation:

Expand:

Use distributive property:

3x + 6 = 21

3x = 15

x = 5

Divide:

(x + 2) = 21/3

x + 2 = 7

x = 5

Check your work:

3(5 + 2) = 21

15 + 6 = 21

21 = 21

Correct

What is cot(A)?

A. -3 sqrt 7/7 correct

Answers

Step-by-step explanation:

[tex]to \: help \: you \\ \cot(A) = { (\tan(A)) }^{ - 1} = \frac{ \cos(A) }{ \sin(A) } \\ or : \\ \cot(A) = \sqrt{(1 + {( \tan(A) )}^{2} } [/tex]

Answer:

A is correct :)

Step-by-step explanation:

edge 2021

thank you! have a great day

Given that cos A 165 and sin B = 72, and that angles A and B are both in
Quadrant I, find the exact value of sin(A + B), in simplest radical form.

Answers

Given:

[tex]\cos A=\dfrac{4}{\sqrt{65}}[/tex]

[tex]\sin B=\dfrac{1}{\sqrt{2}}[/tex]

A and B both lies in I quadrant.

To find:

The value of [tex]\sin (A+B)[/tex].

Solution:

We know that, all trigonometric ratios are positive in first quadrant.

[tex]sin^2\theta +\cos^2\theta =1[/tex]

Using this we get

[tex]\sin^2A +\cos^2A =1[/tex]

[tex]\sin^2A +\left(\dfrac{4}{\sqrt{65}}\right)^2 =1[/tex]

[tex]\sin^2A +\dfrac{16}{65}=1[/tex]

[tex]\sin^2A =1-\dfrac{16}{65}[/tex]

Taking square root on both sides, we get

[tex]\sin A =\sqrt{\dfrac{65-16}{65}}[/tex]         [Only positive because A lies in I quadrant]

[tex]\sin A =\sqrt{\dfrac{49}{65}}[/tex]

[tex]\sin A =\dfrac{7}{\sqrt{65}}[/tex]

Similarly,

[tex]\sin^2B +\cos^2B =1[/tex]

[tex]\left(\dfrac{1}{\sqrt{2}}\right)^2 +\cos^2B =1[/tex]

[tex]\dfrac{1}{2}+\cos^2B =1[/tex]

[tex]\cos^2B =1-\dfrac{1}{2}[/tex]

Taking square root on both sides, we get

[tex]\cos B =\sqrt{\dfrac{2-1}{2}}[/tex]         [Only positive because B lies in I quadrant]

[tex]\cos B =\sqrt{\dfrac{1}{2}}[/tex]

[tex]\cos B =\dfrac{1}{\sqrt{2}}[/tex]

Now,

[tex]\sin (A+B)=\sin A\cos B+\cos A\sin B[/tex]

[tex]\sin (A+B)=\dfrac{7}{\sqrt{65}}\times \dfrac{1}{\sqrt{2}}+\dfrac{4}{\sqrt{65}}\times \dfrac{1}{\sqrt{2}}[/tex]

[tex]\sin (A+B)=\dfrac{7}{\sqrt{130}}+\dfrac{4}{\sqrt{130}}[/tex]

[tex]\sin (A+B)=\dfrac{11}{\sqrt{130}}[/tex]

Therefore, the exact value of [tex]\sin (A+B)[/tex] is [tex]\dfrac{11}{\sqrt{130}}[/tex].

Two methods are proposed for testing a shipment of five items (call them A, B, C, D, and 13). In method 1, an inspector randomly samples two of the five items and tests to see whether either item is defective. In method 2, an inspector randomly samples one item and tests it; the remaining four items are sent to a second inspector who randomly samples one item and tests it. Suppose that only item A is defective in the shipment.
a. What is the probability that item A will be dis-covered by method 1?
b. What is the probability that item A will be dis-covered by method 2?
c. What general statement can you make regarding the effectiveness .of the two methods? Can your statement be extended to methods involving samples of more than two items?

Answers

Answer:

a-The probability that item A is discovered as a defective item by method 1 is 0.4

b. The probability that item A is discovered as a defective item by method 2 is 0.4

c-As the probability of detecting A as a defective item is same for the two methods, thus it can be stated that each of the methods is equally effective.

Step-by-step explanation:

a-

The first method where the inspector chooses two of the five items randomly, so the total pairs are as given below:

[tex]N_{total}=n(S_{total})\\N_{total}=n(\{AB,AC,AD,AE,BC,BD,BE,CD,CE,DE\})\\[/tex]

As the total experiments in the overall space is 10 so [tex]N_{total}[/tex] is 10.

As A comes in 4 of these experiments, thus the value of [tex]N_{A}[/tex] is 4.

So the Probability of A is given as

[tex]P(A)=\dfrac{N_{A}}{N_{total}}\\P(A)=\dfrac{4}{10}\\P(A)=0.4[/tex]

The probability that item A is discovered as a defective item by method 1 is 0.4.

b-

Now in order to find the probability of finding item A as defective by method 2, first consider the probability of not finding item A as defective.

This is given as

[tex]P(A)=1-P(A)'[/tex]

Here P(A)' is given as

[tex]P(A)'=P(A)'_{1^{st}}\times P(A)'_{2^{nd}}[/tex]

Here

P(A)'_1st is the probability that the first inspector fails to detect A as a defective item which is given as

[tex]P(A)'_{1^{st}}=1-\dfrac{1}{N_{total\ items}}[/tex]

Here N_total items is 5. so the equation becomes

[tex]P(A)'_{1^{st}}=1-\dfrac{1}{N_{total\ items}}\\P(A)'_{1^{st}}=1-\dfrac{1}{5}\\P(A)'_{1^{st}}=\dfrac{5-1}{5}\\P(A)'_{1^{st}}=\dfrac{4}{5}[/tex]

Similarly

P(A)'_2nd is the probability that the second inspector fails to detect A as a defective item which is given as

[tex]P(A)'_{2^{nd}}=1-\dfrac{1}{N_{total\ items}}[/tex]

Here N_total items is 4 as 1 item has already been checked. so the equation becomes

[tex]P(A)'_{2^{nd}}=1-\dfrac{1}{N_{total\ items}}\\P(A)'_{2^{nd}}=1-\dfrac{1}{4}\\P(A)'_{2^{nd}}=\dfrac{4-1}{4}\\P(A)'_{2^{nd}}=\dfrac{3}{4}[/tex]

So the main equation becomes

[tex]P(A)=1-P(A)'\\P(A)=1-(P(A)'_{1^{st}}\times P(A)'_{2^{nd}})[/tex]

Substituting the values give

[tex]P(A)=1-(P(A)'_{1^{st}}\times P(A)'_{2^{nd}})\\P(A)=1-(\dfrac{4}{5}\times \dfrac{3}{4})\\P(A)=1-\dfrac{3}{5}\\P(A)=\dfrac{5-3}{5}\\P(A)=\dfrac{2}{5}\\P(A)=0.4[/tex]

The probability that item A is discovered as a defective item by method 2 is 0.4.

c-

As evident from the above, that the value of probabilities for both the methods is same therefore the overall effectiveness of each of the methods is same.

The set of ordered pairs {(1,19), (2,23), (3,23), (4,29), (5,31)}
represents the number of tickets sold for a fundraiser. The x-coordinates
represent the day and the y-coordinates represent the number of tickets
sold on that day.
a) Which mapping diagram represents the relation?

Answers

Answer:

D

Step-by-step explanation:

1) remember that x indicates the independent variable, while y the dependent variable

2) remember that the first diagram represents the values of x, while the second the values of y

Mapping diagram A represent the number of tickets sold on that day. Therefore, option A is the correct answer.

The given set of ordered pairs are {(1,19), (2,23), (3,23), (4,29), (5,31)}.

What are relations in Math?

In math, a relation defines the relationship between sets of values of ordered pairs. The set of elements in the first set are called domain which is related to the set of the element in another set, which is called range.

A mapping diagram consists of two parallel columns. The first column represents the domain of a function [tex]f[/tex], and the other column for its range. Lines or arrows are drawn from domain to range, to represent the relation between any two elements.

Diagram A represents the given ordered pair

Mapping diagram A represent the number of tickets sold on that day. Therefore, option A is the correct answer.

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Determine the amplitude or period as requested . Amplitude of y = - 1/5 * sin x a - 1/5 1/5 b 5 d. pi/5

Answers

Answer:

The amplitude is 1/5

Step-by-step explanation:

Given

[tex]y = -\frac{1}{5}\sin(x)[/tex]

Required

Determine the amplitude

The general cosine function is:

[tex]y = A\sin(k(x + c)) +d[/tex]

Where

[tex]Amplitude = |A|[/tex]

Compare [tex]y = A\sin(k(x + c)) +d[/tex] and [tex]y = -\frac{1}{5}\sin(x)[/tex]

[tex]A = -\frac{1}{5}[/tex]

So:

[tex]Amplitude = |-\frac{1}{5}|[/tex]

[tex]Amplitude = \frac{1}{5}[/tex]

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What is the meaning of the underlined word in the following sentence?Hay algo extrao en l.extraexitstrangeexactly the loving mother sammury During the first two weeks at his new job Damian earned a total of $500 he earned x dollars during the first week during the second week he earned 4 times as much as he did the first week. How much did Damian earn during the first week Who was the Amiens Cathedral dedicated to? determine the value of x (ill give brainliest) MY LAST POINTS!!!!!! first to answer correctly gets brainliest. 16. The students were orderedA. Scanding3. Having to stand 100 Point, Will Mark brainily if right! Modernism, and the whole Modernist movement in literature, came from World War I, which proved that old ideas were wrong and everyone would have to reconsider them. It started like any European war, but technology made it much worse and hard to cling to the old.Which most effectively revises the passage in order to maintain a formal style and tone?A.Among the events that started Modernism, World War I was a biggie. Aircraft, chemical attacks, and other really bad things made clinging to old ideas about romance, valor, and glory difficult for those who lived during a really bad period in European history.B.Modernism in the literary arts was a direct consequence of the disastrous conflict known to all as World War I, which involved a crazy assortment of innovative and destructive technologies that rendered old ideas of valor and glory difficult for people to keep wrapping their heads around.C.World War I was a major cause of the Modernist movement in literature. Although the conflict started like any European war, terrible new technologies, such as aircraft and chemical attacks, made it hard for soldiers and civilians alike to cling to old, romantic notions of valor and glory.D.Aircraft, tanks, chemical attacks: These were just some of the awful things that made World War I a major cause of Modernist literature. This was a result of soldiers and civilians feeling like they couldn't cling to old notions of valor and glory because the things that happened were really terrible. In the following verse, look at the underlined phrases. Identify the example of internal rhyme.One, two! One, two! And through and throughThe vorpal blade went snicker-snack!He left it dead, and with its headHe went galumphing back.A. "snicker-snack"B. "galumphing back"C. "One, two"D. "dead, and with its head" is 0.9727 a positive correlation, negative correlation, or no correlation? NOTE PUZZLE: IF YOU GET IT CORRECT I'LL GIVE BRAINLIEST: In her essay "What White Publishers Wont Print," Zora Neale Hurston argues that publishers will not print stories about educated minorities because readers will not believe that these people even exist. Would the person that Countee Cullen describes in his poem "For a Lady I Know" be similar to the kind of reader Hurston writes about? A sample of polonium-210 has an initial mass of 390 milligrams (mg). If the half-life of polonium-210 is 36 days, how many mg of the sample remains after 36 days? A. 48.75 mg B. 392 mg C. 97.5 mg D. 195 mg Info Details Every cereal box has a gift inside, but you cannot tell from the outside what the gift is. The store manager assures you that 22 of the 63 boxes on the shelf have the secret decoder ring. The other 41 boxes on the shelf have a different gift inside. If you randomly select two boxes of cereal from the shelf to purchase, what is the probability that both of them have the secret decoder ring Roosevelt successfully ran for his fourth term as a president in 1944 one year later Roosevelt died the 22nd amendment was ratified in 1951 limiting president to two elected terms. Why? 0.75(4x + 2) = 5 - (x + 1.5)X = Which weather event would most likely take place in the ecosystem highlighted on this map? Blizzard, because the ecosystem is very cold and wet Drought, because the ecosystem is very dry Hurricane, because the ecosystem is near a coastline Thunderstorm, because the ecosystem is humid and wet can someone help me out with this Which electromagnetic wave has the shortest wavelength?Which electromagnetic wave would have a wavelength approximately the size of the tip of a pencil?Which electromagnetic wave has the longest wavelength? Which of the following is a polynomial?O A. x^2 - 1O B. x^-y+ 2O c. (x^6 - 2)/(x^4 + 3)O D. x^4+ x^4 + 16