Dina invests $600 for 5 years at a rate of 2% per year compound interest.
Calculate the value of this investment at the end of the 5 years.

Answers

Answer 1

Answer:

The value of this investment at the end of the 5 years is of $662.5.

Step-by-step explanation:

Compound interest:

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.

Dina invests $600 for 5 years at a rate of 2% per year compound interest.

This means that [tex]P = 600, t = 5, r = 0.02, n = 1[/tex]. Thus

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

[tex]A(t) = 600(1 + \frac{0.02}{1})^{t}[/tex]

[tex]A(t) = 600(1.02)^t[/tex]

Calculate the value of this investment at the end of the 5 years.

This is A(5). So

[tex]A(5) = 600(1.02)^5 = 662.5[/tex]

The value of this investment at the end of the 5 years is of $662.5.


Related Questions

The cost, in dollars, of a gym membership for n months can be described by the explicit equation Pn = 70 + 30n. What does this equation tell us?​

Answers

Answer:

30 plus 70 equals 100

Step-by-step explanation:

it tells the gum explicit equation

Question 5
Refer to the data that you recorded in part D. In each row, compare the slope of ABto the slope of the perpendicular line. What is the
relationship between the two slopes? What conclusion can you draw about the relationship between the slopes of any two perpendicular lines?
Ok

Answers

Answer:

Step-by-step explanation:

Answer:

The product of the slopes of  and the line perpendicular to  through C is -1 in all cases. So, I can conclude that any two perpendicular lines have slopes that are negative reciprocals of each other.

Step-by-step explanation:

its correct

Which operation should you perform first in the expression 7x2^3?

Answers

Answer:

Below,

Step-by-step explanation:

The exponent part is done first

7 x 2^3

= 7 * 8

= 56.

You use the acronym PEMDAS:-

( E ( exponential) comes before  M (multiply))

plz answer if you know it....

Answers

Sales tax is charged on the subtotal (amount before tax).

First, find the subtotal by adding up all of the amounts.

4(675) + 2(110) + 5(41) + 6(135) + 230(2.50)

2700 + 220 + 205 + 810 + 575

Total = 4510

Next, we need to find 7% of 4510. That number is the sales tax.

0.07 x 4510 = 315.70

Sales Tax = $315.70

Total Amount (with tax) = $4825.70

Hope this helps!! :)


Which choice describes symmetry?
A. When something is exactly the same on one side as it is on the
other side.
B. When something looks completely different on one side than
the other side.
C. When something has a spherical shape.

Answers

Answer: A. When something is exactly the same on one side as it is on the

other side

Step-by-step explanation: symmetry mean symmetrical: aka they look the same :) hope this helped!

Choose the conditional statement that can be used with its converse to form the following biconditional statement: "It is a leap year if and only if the year has 366 days."
A. If it is not a leap year, then it does not have 366 days.
B. If it is a leap year, then the year has 366 days.
C. If a leap year has 366 days, then this is a leap year. D. If a year does not have 366 days, then it is not a leap year​

Answers

Given the biconditional statement: "It is a leap year if and only if the year has 366 days.", the converse to form it is "If the year has 366 days, then this is a leap year". (Right choice: C)

How to determine the propositional form of a sentence

According to logics, propostions are truth bearers that makes sentences true or false. In linguistics, propositions are the meaning of declarative sentences. There are simple and composite propositions, the latter are formed by one simple proposition at least and logic connectors. There are five logic connectors:

Conjuction     X ∧ Y   ("and" operator)Disjunction    X ∨ Y   ("or" operator)Negation       ¬ X       ("not" operator)Implication/Conditional          X ⇒ Y      ("if-then" operator)Double implication/Biconditional       X ⇔ Y     ("if-only if" operator)

By logic rules we know that the double implication/biconditional is commutative operator:

(X ⇔ Y) ⇔ (Y ⇔ X)

In addition, a double implication/biconditional has the following equivalence:

(X ⇒ Y) ∧ (Y ⇒ X)

Where Y ⇒ X is the converse of X ⇒ Y.

Therefore, the converse to form the statement "It is a leap year if and only if the year has 366 days" is Y ⇒ X: "If the year has 366 days, then this is a leap year".

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x/4 - 3 = -7

what is x equal to?

Answers

Answer:

x=-16

Step-by-step explanation:

x/4-3=-7

x/4=-4

x=-16

This are diferente question help me please

Answers

Step-by-step

28.26 in84.9 m5024 cm277.45 mi 452.16 in1.36 mi44.15 m3.14 cm

I hope it helps you

Which equation represents a line that passes through (5, 1) and has a slope of ?
O y-5 = {(x-1)
Oy- } = 5(x –1)
Oy-1 = {(x–5)
Oy - 1 = 5(x-)

Answers

Answer:

y - 1 = 5(x - 5)

Step-by-step explanation:

Given the following data;

Points (x, y) = (5, 1)

Slope = ?

From the question, the value of the slope is missing. Hence, let's assume a value of 5.

Mathematically, the equation of a straight line is given by the formula;

y = mx + c

Where;

m is the slope.

x and y are the points

c is the intercept.

To find the equation of line, we would use the following formula;

y - y1 = m(x - x1)

Substituting into the formula, we have;

y - 1 = 5(x - 5)

y - 1 = 5x - 25

y = 5x - 25 + 1

y = 5x - 24 = mx + c

 please helpppp!!! it’s timed!!!! thank u for helping!!!!!

Answers

Answer:

[tex]4 \pi {?}^{2} [/tex]

hope it is helpful to you

When is 9+10 really equal to 21

Answers

Answer:

it's equal to 21 when I say it's equal to 21

It can never be equal to 21 because that’s not how math works

Suppose a certain state university's college of business obtained the following results on the salaries of a recent graduating class:

Finance Majors Business Analytics Majors
n1 = 140 n2 = 30
x1 = $48,237 x2 = $55,417
s1 = $19,000 s2 = $10,000

Required:
a. Formulate hypotheses so that, if the null hypothesis is rejected, we can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Use α = 0.05. (Let μ1 = the population mean salary for Finance majors, and let μ2 = the population mean salary for Business Analytics majors.
b. What is the value of the test statistic?
c. What is the p-value? (Round your answer to four decimal places.)
d. What is your conclusion?

Answers

Answer:

Following are the responses to the given choice:

Step-by-step explanation:

For point a:

[tex]H_0: \mu_1 - \mu_2 = 0\\\\ H_1: \mu_1 - \mu_2 < 0[/tex]

For point b:

[tex]t = -2.953[/tex]

For point c:

[tex]\to p- value = 0.0021[/tex]

For point d:

Reject [tex]H_o[/tex]. It could deduce that the pay of higher banking is considerably lower than the pay of higher project management.

Find the distance from (4,2) to the line defined
by y = -2x + 5. Express as a radical or a number
rounded to the nearest hundredth.

Answers

Answer:

The desired distance is √5

Step-by-step explanation:

Recall that the distance from a point to a line is measured along a path perpendicular to the line.  Thus, given the line y = -2x + 5, the slope of any line perpendicular to it is the negative reciprocal of -2:  +1/2.

The line perpendicular to y = -2x + 5 and passing through (4, 2) is

y - 2 = (1/2)(x - 4), or

2y - 4 = x - 4, or 2y = x, or y = (1/2)x.

Now our problem becomes "find the length of the line connecting (4, 2) and the intersection of y = -2x + 5 and y = (1/2)x."  

Equating these, we get (1/2)x = -2x + 5, which, if multiplied through by 2, becomes x = -4x + 10, or 5x = 10, or x = 2.  If x = 2, then y = (1/2)(2) = 1.

Finally, find the distance between (2, 1) and (4, 2):

Using the Pythagorean Theorem, d = √(2^2 + 1^2) = √5

The distance from (4, 2) to the line y = -2x + 5 is √5

Evaluate the function at the given values of x. Round to 4 decimal places, if necessary. =fx7x

Answers

Step-by-step explanation:

what are the given values of x ?

there is nothing visible.

and what is the function itself ? f(x) = 7x ?

it is not clear.

Records show that 12% of all college students are foreign students who also smoke. It is also known that 40% of all foreign college students smoke. What percent of the students at this university are foreign

Answers

Answer: the percent of the students at this university are foreign = 30%

Step-by-step explanation:

Given: Probability that college students are foreign students who also smoke: P(S|F)=0.12

Probability that foreign college students smoke P(S∩F)=0.4

The probability that the students at this university are foreign :

[tex]P(F)=\dfrac{P(S\cap F)}{P(S|F)}[/tex]  [By conditional probability formula]

[tex]=\dfrac{0.12}{0.4}\\\\=0.3[/tex]

Hence, the percent of the students at this university are foreign = 30%

A true false test contains 24 questions. In how many different ways can this test be completed. (Assume we
don't care about our scores.)

Answers

Answer:

The total number of ways to give the answer of the question is 16777216.

Step-by-step explanation:

Total number of questions = 24

The number of possibilities so that the answer is given is only 2. It is either true or false.

So, the total number of ways to complete the test is

[tex]2^{24} = 16777216[/tex]

Software Solution (SOS) helps subscribers solve software problems. All transactions are made over the telephone. For the year 2018, 10 engineers, most of whom are recent graduates, handled 119,000 calls. The average yearly salary for software engineers was $58,000. Starting in 2019, the firm retained and hired only software engineers with at least 2 years of experience. SOS raised the engineers’ salary to $73,000 per year. In 2019, eight engineers handled 127,000 calls.


Required:

1. Calculate the partial operational productivity ratio for both years.

2. Calculate the partial financial productivity ratio for both years. (Round your answers to 4 decimal places.)

Answers

Answer:

a. 11900, 15875

b. 0.2052, 0.2175

Step-by-step explanation:

number of engineers in 2018 = 10

calls handled in 2018 = 119000

average salary in 2018 = 58000

number of engineers in 2019 = 8

calls handled = 127000

salary = 73000

a.) operational productivity = output/input

in year 2018 = 119000/10= 11900

in year 2019 = 127000/8 = 15875

b.) ratio for both years = output/amount spent

in year 2018 = 119000/10*58000 = 0.2052

in year 2019 = 127000/8*73000 = 0.2175

A rectangular garage is 12 yards long and 8 yards wide. It costs $1.00 per square yard to put in a new concrete floor. How much would it cost to put a new concrete floor in the garage?

Answers

Answer:  96 dollars

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

Explanation:

Compute the area to get 12*8 = 96 square yards

We can think of it like having 96 squares and each square costs $1. So naturally the total cost is 96*1 = 96 dollars.

Examine the geometric relationships in the diagram below which option shows the correct value of x and y?

Answers

Answer:all of them

Step-by-step explanation:

The Acme Company manufactures widgets. The distribution of widget weights is bell-shaped. The widget weights have a mean of 42 ounces and a standard deviation of 10 ounces. Use the Empirical Rule.
a. 99.7% of the widget weights lie between _____ and _____.
b. What percentage of the widget weights lie between 26 and 66 ounces?
c. What percentage of the widget weights lie above 34?

Answers

Answer:

The answer is below

Step-by-step explanation:

The empirical rule states for a normal distribution, 68% of the data falls within one standard deviation, 95% falls within two standard deviations and 99.7% falls within three standard deviations.

z score is given by:

[tex]z=\frac{x-\mu}{\sigma}[/tex]

Given that mean (μ) = 42 ounces, standard deviation (σ) = 10 ounces.

a) 99.7% falls within three standard deviations. Therefore:

99.7% falls within μ ± 3σ = 42 ± 3(10) = 42 ± 30 = (12, 72)

Therefore 99.7% falls within 12 ounce and 72 ounce.

b) For x > 26

[tex]z=\frac{26-42}{10}=-1.6\\[/tex]

For x < 66

[tex]z=\frac{66-42}{10}=2.4\\[/tex]

From the normal distribution table, P(26 < x < 66) = P(-1.6 < z < 2.4) = P(z < 2.4) - P(z < -1.6) = 0.9918 - 0.0548 = 0.937 = 93.7%

c) For x > 34

[tex]z=\frac{34-42}{10}=-0.8\\[/tex]

From the normal distribution table, P(x > 34) = P(z > -0.8) = 1 - P(z < -0.8) = 1 - 0.2119 = 0.7881 = 78.81%

Answer:

Step-by-step explanation:

Given that:

Mean [tex]\mu[/tex] = 42

standard deviation [tex]\sigma[/tex] = 10

Using Empirical Rule:

[tex]\mu[/tex]  - [tex]\sigma[/tex] = 42 - 10 = 32                   [tex]\mu[/tex]  + [tex]\sigma[/tex] = 42 + 10 = 52                  

[tex]\mu[/tex]  - 2[tex]\sigma[/tex] = 42 - 2(10) = 22            [tex]\mu[/tex]  + 2[tex]\sigma[/tex] = 42 + 2(10) = 62         

[tex]\mu[/tex]  - 3[tex]\sigma[/tex] = 42 - 3(10) = 12             [tex]\mu[/tex]  + 3[tex]\sigma[/tex] = 42 + 3(10) = 72      

The curve is attached in the image below.

a). the widget of 99.7% lies between 12 and 72

b) 68 + 13.5 = 81.5%

c) 50 + 34 = 84%

PLEASE HELP!!! IM ALMOST DONE WITH THIS SEMESTER

Answers

A

You can calculate it out or you can see that it's the only answer in slope intercept form

The solution set for -18 < 5x - 3 is _____.

3 > x
3 < x
-3 < x
-3 > x

Answers

Answer:

[tex]-3 < x[/tex]

Step-by-step explanation:

Given

[tex]-18 < 5x-3[/tex]

Required

The solution

[tex]-18 < 5x-3[/tex]

Add 3 to both sides

[tex]3-18 < 5x-3+3[/tex]

[tex]-15 < 5x[/tex]

Divide both sides by 5

[tex]-3 < x[/tex]

15
Type the correct answer in each box. If necessary, round your answer(s) to the nearest hundredth.
The vertices of ABC are Al-2, 2), B6, 2), and 90, 8). The perimeter of ABC is
units, and its area is
square units.

Answers

9514 1404 393

Answer:

perimeter: 22.81 unitsarea: 24 square units

Step-by-step explanation:

The lengths of the sides can be found using the distance formula.

  d = √((x2 -x1)^2 +(y2 -y1)^2)

  AC = √((0 -(-2))^2 +(8 -2)^2) = √(4+36) = 2√10

  BC = √((0 -6)^2 +(8 -2)^2) = √(36+36) = 6√2

The distance AB is the difference of the x-coordinates of the points: 6-(-2) = 8.

Then the perimeter is ...

  P = a + b + c = 6√2 +2√10 +8 = 8.49 +6.32 +8 = 22.81 . . . units

__

The height of the triangle is the difference in y-values between vertex C and line AB: 8 -2 = 6. The area is given by the formula ...

  A = 1/2bh

  A = 1/2(8)(6) = 24 . . . square units

Kevin paid $2.52 for 6 juice boxes. How much should Kevin expect to pay for 18 juice boxes?

Answers

Answer:

7.56

Step-by-step explanation:

Kevin should expect to pay approximately $7.56 for 18 juice boxes based on the given information.

To find out how much Kevin should expect to pay for 18 juice boxes based on the given information, we can set up a proportion using the number of juice boxes and the cost:

In general, an expression refers to a combination of symbols, numbers, variables, and operators that represent a specific computation or value. Expressions are a fundamental concept in mathematics, programming, and logic.

Let "x" be the cost of 18 juice boxes.

We have the proportion:

6 juice boxes / $2.52 = 18 juice boxes / x

To solve for "x," we can cross-multiply:

6x = 18 x $2.52

6x = $45.36

Now, divide both sides by 6 to isolate "x":

x = $45.36 / 6

x ≈ $7.56

Therefore, According to the data provided, Kevin should budget about $7.56 for 18 juice cartons.

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What are the three plot points and is it over the x-axis or y-axis

Answers

Answer:

(-2,1), (0,1), and (2,0). its over the y axis

Step-by-step explanation:

Answer:

shift it 3 values right and 2 units up

Step-by-step explanation:

moving x-axis and moving y-axis

HI CAN SOMEONE THAT REALLY KNOWS ABOUT THIS HELP ME WITH FINAL EXAM...

The data represented by the following stem-and-leaf plot range from
to

489
5147
6235
769

A. 49; 79
B. 48; 79
C. 48; 76
D. 49; 76


Answers

Answer : B.) 48; 79

The minimum value is always at the start of the plot, and the maximum is always at the end.

Translate the phrase into an algebraic expression.
3 more than b

Answers

Answer:

b+3 or 3+b

Step-by-step explanation:

evaluate g(x)=x/x-3, if g(1/2)

Answers

Answer:

-1/5

Step-by-step explanation:

g(x) = x/(x-3)

Substituting x = 1/2 in g(x),

g(1/2) = 1/2/(1/2-3)

= 1/2/(1/2-6/2)

= 1/2/(-5/2)

= 1/2 ÷ - 5/2

= 1/2 x -2/5

= - 1/5

Step-by-step explanation:

here is your answer

here is your answer

A restaurant charges large parties an amount that depends on the number of people
that are eating. The restaurant charges $650 for 25 people and $1,850 for 80 people.
What is the restaurant charging per person (unit rate)?

Answers

Answer:

$26 per person or $23.125 per person for the bigger group

Step-by-step explanation:

Simplify -4 + (-3) + 6.

Answers

Answer:3/6 in simplest fraction form is 1/2.

Step-by-step explanation:EASY and my chanel is FireFlameZero if u can check dat out

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For an object with a given mass on Earth, calculate the weight of the object with the mass equal in magnitude to the number representing the day given in part 3 in kilograms using the formula F=W=mg. On the surface of the Earth g=9.8m/s^2 Aztec society was Group of answer choices an egalitarian democracy. primarily involved in the trading of slaves. a purely theocratic society. a hierarchical dictatorship, with a privileged upper class and a downtrodden majority. unique in giving women major political power. In sentence 10 (reproduced below), the writer wants to compare a specific difference between making pennies now and making pennies at an earlier time.In 2001, it cost 0.79 cents to make a penny, but now, with metal costs increasing, the cost has changed in a noteworthy way.Which of the following versions of the underlined text most effectively accomplishes this goal?A. (as it is now)B. the cost has soared to 1.8 cents per pennyC. economists worry that the penny is unsustainableD. the United States Mint has looked into less expensive metalsE. the penny is made of only 2.5% copper Calls to a customer service center last on average 2.8 minutes with a standard deviation of 1.4 minutes. An operator in the call center is required to answer 75 calls each day. Assume the call times are independent. What is the expected total amount of time in minutes the operator will spend on the calls each day First Class, Inc., expects to sell 28,000 pool cues for $14 each. Direct materials costs are $3, direct manufacturing labor is $5, and manufacturing overhead is $0.82 per pool cue. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 26,000 units 26,000 units Work-in-process inventory units O units Finished goods inventory 1,300 units 2,800 units How many pool cues need to be produced in 2019? Select one: a. 29,500 cues b. 30,800 cues c. 29,300 cues d. 26,500 cues REREAD THE SENTENCE, "THE DYE WAS FALLING FROM HER DRESS LIKE BLACK TEARS(PARAGRAPH 29)HOW DOES THE SIMILE CONTRIBUTE TO THE TONE OF THE STORY? PLS BEGGING U ADD DETAILS As the CEO of your company, you can use only the planning and controlling functions to reach your organizational goals.Select one:O TrueO False Discuss TWO negative effects of unequal power relations on one's health aswell as one's general well-being the scientific method uses observation and what other process to answer a question Bi 81. Trong mt k thi vo mt trng i hc c 5000 th sinh ng k d thi vo ba ngnh I, II, III. Mi th sinh c ng k mt hoc hai trong s ba ngnh . C 1300 th sinh ch ng k d thi ngnh I, 1400 th sinh ch ng k d thi ngnh II v 100 th sinh ng k d thi ngnh I v III. Hi c bao nhiu th sinh ch d thi ngnh III? Joseph has 16 metres of rope. He wants to cut pieces of rope that are 0.2 metres long.How many pieces can he cut?Ignore the answer I put An auditorium with 120 seats begins to fill 20 minutes prior to the start of a lecture. If it fills at a rate of 12 students per minute, what fraction of the seats are empty 12 minutes prior to the start of the lecture. Weekly demand for a certain brand of a golf ball at The Golf Outlet is normally distributed with a mean of 35 and a standard deviation of 5. The profit per box is $5.00. Write an Excel formula that simulates the weekly profit:= 5 * 35 * NORMSINV(RAND())= 5* NORMINV(RAND(), 35, 5)= 5 * RANDBETWEEN(5, 35)= NORMINV(RAND(), 5 * 35, 5) How do I punch harder and faster what exercises help me punch harder and faster How had the "American experience" change for Black Americans in the late 1800s? how was the falaj built A swimmer is capable of swimming at 1.4m/s in still water. a. How far downstream will he land if he swims directly across a 180m wide river? b. How long will it take him to reach the other side. What translation maps ABC to A'B'C'? 3x+25=7x URGNET urgenttt Thesquare below is the image of a square that was dilated by a scale factor of 1. Findthe area of the preimage, the original square, before its dilation. Figures are notnecessarily drawn to scale.11