find the amount that results from each. $50 invested at 6% compounded monthly after a period of 3 years ...?

Answers

Answer 1

Final answer:

Using the compound interest formula, the total amount after three years for $50 invested at 6% compounded monthly is approximately $59.70.

Explanation:

To calculate the future value of $50 invested at 6% compounded monthly after a period of three years, we use the formula for compound interest:


FV = P × (1 + (r/n))³⁼ ×⁴

where:

FV is the future value of the investment,

P is the principal amount ($50),

r is the annual nominal interest rate (6% or 0.06),

n is the number of times the interest is compounded per year (12, for monthly compounding),

t is the time the money is invested for, in years (3 years).

Using these values, we calculate as follows:


FV = $50 × (1 + (0.06/12))³·×´ = $50 × (1 + 0.005)·¹·´

Now we calculate this raised to the power of 36 (3 years times 12 months):


FV = $50 × (1.005)³···¶ = $50 × 1.194052


Thus, FV ≈ $59.70

The total amount after three years would be approximately $59.70, assuming the interest is compounded monthly at a rate of 6%.


Related Questions

how do you write (negative Infinity, 8)or (10, Infinity) as inequality?

Answers

x<8 or x>10 Are you just wanting this answer as an inequality?

a square with a side length of x+6 has the same perimeter as an equilateral triangle with a side length of 4x. what is the area of the square

Answers

First equate the perimeters:
4(x+6) = 3(4x)

Distribute:
4x +24 = 12x

Solve for x:
8x = 24
x = 3

Sub in x=3 into x+6 to find length of side:
3+6 = 9

Find Area of square:
Area = 9*9 = 81

need help answer is not 3.14
The circumference, or perimeter, of a circle can be found by multiplying its diameter by 3.14. What is the circumference of a circle that has a diameter of inch?
Express your answer as a decimal.plz

Answers

Final answer:

The circumference of the circle with a diameter of inch is 3.14 inch.

Explanation:

The circumference of a circle can be found by multiplying its diameter by π (pi). In this case, the diameter of the circle is given as inch. To find the circumference, we need to multiply the diameter by π.

Circumference = Diameter × π

Since the diameter is inch, the circumference of the circle is ( inch) × π = inch × π = 3.14 inch.

Due to a leak, the amount of water in a pool is decreasing by 5858 gal every hour.

What is the total change in the number of gallons of water in the pool after 3434 h?

Enter your answer in the box as a simplified fraction.

Answers

Here is the solution to the given problem above.
Given the the amount of water in a pool is decreasing 5/8 gallon every hour.
And what would be the change in the number of gallons after 3/4 hour. So what we are going to do is just to multiply 5/8 by 3/4. And the result would be 15/32. The total change in the number of gallons of water in the pool after 3/4 hour would be 15/32 gallons.

Earl pours 1/3 of a bottle of juice into his glass. Roberto pours 1/3 of the remainder into his glass. What fraction of the bottle of juice is left?

Answers

1/3 is left. 1/3 +1/3=2/3. 3/3-2/3=1/3

R u kidding me ? xD .....
only 1/3 left...

20,000 is what percent of 80,000

Answers

the percent of 20,000 is 25 because if you turn 20,000 and 80,000 into 2 and 8 its easy.so its 2 4 6 8  if u divide 100 into 4 it becomes 25 %

Nam has a beginning balance of $815 in her checking account. She writes a check for $210 and has a debit transaction of $525. What is her new balance?

$125

$80

$1550

$120

Answers

Nam's new balance is $80

Answer:the answer is ($80)

Step-by-step explanation:i took the test on k12 online school

plz give me bianleast it helps oh lot thank you

Given that segments RS and RT are tangent to circle Q, find the length of RS.

Answers

As they both are tangents of the same circle, their lengths must be equal.

RS = RT

x/4 = x-6.3

x = 4x - 25.2

4x-x = 25.2

3x = 25.2

x = 8.4

As, RS = x/4, it will be equal to 8.4/4 = 2.1

SO, YOUR FINAL ANSWER IS RS = 2.1

Final answer:

To find the length of segment RS, we can use the tangent-radius theorem and the Pythagorean theorem. Segment RS is perpendicular to the radius of circle Q that passes through point S. By using the Pythagorean theorem, we can solve for the length of RS.

Explanation:

The length of segment RS can be found using the tangent-radius theorem. According to this theorem, if a line is tangent to a circle at a certain point, then the line is perpendicular to the radius that passes through that point. Therefore, segment RS is perpendicular to the radius of circle Q that passes through point S.

Since RS is perpendicular to the radius, RS and the radius form a right triangle. The length of RS can be found using the Pythagorean theorem. Let's denote the length of the radius as r and the length of RS as x. The radius is the hypotenuse of the right triangle, so we have:

x^2 + RS^2 = r^2

Since RS is the only unknown, we can solve for it. Once we have the value of the radius, we can substitute it into the equation to find the length of RS.

Learn more about Tangent-radius theorem here:

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In the situation, simple interest is calculated yearly. how much interest was earned? drag and drop the answer into the box. principal: $12,000; time: 3 years; interest rate: 15%; interest: ?

Answers

I=prt,,i=12000*3*0.15=5400

The amount of interest earned is $5,400

From the question,

We are to calculate the simple interest earned

Interest can be calculated by using the simple interest formula

I = PRT

Where I is the interest

P is the principal

R is the rate

T is the time

From the question

P = $12,000

R = 15%

T = 3 years

∴ Interest,

I = $12000 × 15% × 3

I = $12000 × 0.15 × 3

∴ I = $5400

Hence, the amount of interest earned is $5,400

Learn more here: https://brainly.com/question/19088526

Round 37.82 to the nearest tenths place.

Answers

Given that the number next to the right of the tenth digit is smaller than 5, it does not change.

Answer: 37.8

Drag each equation to show if it could be a correct first step to solving the equation 2(x+7)=362(x+7)=36.

Answers

Step 1- Divide both sides by 2
x + 7 = 362/2
Step 2- Simplify 362/2 to 181
x + 7 = 181
Step 3- Subtract 7 from both sides
x = 181 - 7
Step 4- Simplify 181 - 7 to 174.
Answer: x = 174

Translate the following statement into an inequality: Five less than a number is at least nine.

Answers

The given statement translates to the inequality x - 5 ≥ 9.

To do this, we first need to interpret ‘a number’ as a variable, which we can call x. ‘Five less than a number’ means we subtract five from our variable, expressed as x - 5. ‘At least nine’ indicates that the value should be greater than or equal to nine, which in inequality form is ( ≥ 9 ). Therefore, the complete inequality that represents the given statement is x - 5 ≥ 9.

The graph shows how the distance an object traveled changed over time.



Between which two points was the object traveling at the greatest speed?





A.
between points C and D because that slope is the steepest


B.
between points A and B because that segment is the longest


C.
between points B and C because that segment is horizontal


D.
between points A and B because that slope is the steepest

Answers

The two points which shows the object traveling at the greatest speed is D. between points A and B because that slope is the steepest

How does this section show the greatest speed ?

The segment between points A and B has the steepest slope, indicating a rapid change in distance over a short period, which implies a higher speed.

This makes sense given the concept of the physics of motion, where a steeper slope on a distance-time graph represents a higher velocity or speed.

Between points C and D has the second greatest speed because it shows that as time went, distance was covered unlike between points B and C.

how to factor polynomial
u^2+uv+v^2

Answers

this polynomial can't be factored further. the three terms have nothing in common that make it factorable--you can't take anything out of all three terms.

however, if you perhaps mistyped and meant u² + 2uv + v², you would be able to factor it into (u + v)(u + v).

Use the law of cosines to find the value of cos. (see pic attached inside!!) Round the answer to two decimal places!

A. 0.84

B. 0.35

C. 0.23

D. 1.23

Answers

I hope this helps you

A(n) _____ is a segment that is formed by the intersection of two faces

Answers

I believe it is called an "edge"

Answer:

The answer is Edge. A segment that is formed by the intersection of two faces is called an EDGE.

Step-by-step explanation:

A segment that is formed by the intersection of two faces is called an EDGE.

An edge is defined as a type of line segment, that joins two vertices in a polygon, polyhedron etc. In a  polytope, an edge is a line segment between faces.

5.7n + 4.1 = 2.96

What is n Im thinking -32

Answers

5.7n = 2.96-4.1
5.7n = -1.14
n= -1.14/5.7
n = -0.2

six girls and four boys have entered the science fair. first, second, and third place awards are to be given out. what is the probability that exactly one girl and two boys will recite awards? express your answer as a percent

Answers

The probability that exactly one girl and two boys will receive awards is 75%.

What is probability?

Probability is defined as the ratio of the number of favourable outcomes to the total number of outcomes in other words the probability is the number that shows the happening of the event.

Given that there are:-

6 girls

4 boys

Probability of 1 girl being chosen: 1/6

Probability of 1 boy being chosen: 1/4

Probability of another boy being chosen: 1/3

1/6 = 0.17 x 100% = 17%

1/4 = 0.25 x 100% = 25%

1/3 = 0.33 x 100% = 33%

17% + 25% + 33% = 75%

Therefore the probability that exactly one girl and two boys will receive awards is 75%.

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Factor the polynomial 3x4 – 2x2 + 15x2 – 10 by grouping.

Which product is the factored form of the polynomial?


(–x2 – 5)(3x2 + 2)

(x2 – 2)(3x2 + 5)

(x2 + 5)(3x2 – 2)

(3x2 – 5)(x2 + 2)

Answers

The answer is C. (x2 + 5)(3x2 – 2)

Answer:

[tex](x^{2} + 5)(3x^{2} - 2)[/tex]

Step-by-step explanation:

The polynomial is first correctly stated as follows

[tex]3x^{4} - 2x^{2} + 15x^{2} - 10[/tex]

This is rearranged, grouped and solved as follows:

[tex]3x^{4} + 15x^{2} - 2x^{2} - 10[/tex]

[tex](3x^{4} + 15x^{2}) - (2x^{2} + 10)[/tex]

[tex]3x^{2} (x^{2} + 5) - 2(x^{2} + 5)[/tex]

Factorizing the common factors [tex](x^{2} + 5)[/tex], we have the product of the factored form of the polynomial as follows:

[tex](x^{2} + 5)(3x^{2} - 2)[/tex]

That is the third option in the question if rewritten in the correct form.

For what values of a and b is the following function is continuous at every x:

-7 x ≤ -3
f(X) = ax-b -3< x < 1
3 x ≥ 1
Find the values is a and b ix f(x) continuous at every x?

Answers

I have a solution here to the same problem but a slight different given:

-1 x<=-1 
ax-b -1<x<1 
2 x>=1 

The solution is as follows:

 f(x) = {-1, x ≤ -1 
...... { ax - b, -1 < x < 1 
...... { 2, x ≥ 1 


Then we must have: 
lim(x-->-1) -1 = lim(x-->-1) ax - b 
==> -1 = -a - b 
==> a + b = 1 

And we must have: 
lim(x-->1) ax - b = lim(x-->1) 2 
==> a - b = 2 

So we need to solve the system of equations given by: 
a + b = 1 
a - b = 2 

After doing so, you should get that: 
a = 3/2 
b = -1/2 

By studying the solution above, you now have the ability to answer the problem on your own! 



By solving a system of equations, we will see that the function is continuous for all values of x if:

a = 2.5b = -0.5.How to make the piecewise-function continuous for every x?

Here we have the piecewise function:

f(x) = -7            if x ≤  -3

f(x) = a*x- b     if -3 < x < 1

f(x) = 3             if  1 ≤ x

The piecewise function will be continuous only if the values at the limits where we have jumps (at x = -3 and x = 1) are the same in both pieces of the function.

This means that we must have:

f(-3) = -7 = a*(-3) - b

f(1) =  3 = a*1 - b

Then we have a system of equations:

-7 = -3a - b

3 = a - b

To solve this, first, we isolate one of the variables in one of the equations, I will isolate b in the second one to get:

b = a - 3

Now we can replace that in the other equation to get:

-7 = -3a - (a - 3)

Now we can solve this for a.

-7 = -4a + 3

-7 -3 = -4a

-10/-4 = a = 2.5

Then the value of a must be 2.5, to get the value of b we use:

b = a - 3 = 2.5 - 3 = -0.5

So the solution is a = 2.5, b = -0.5.

If you want to learn more about systems of equations, you can read:

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If f(x) = 3x + 10 and g(x) = 2x – 4, find (f + g)(x).
A. (f + g)(x) = 3x – 2x + 14

B. (f + g)(x) = 3x + 2x + 6

C. (f + g)(x) = 5x + 6

D. (f + g)(x) = –3x – 2x – 14

Answers

Answer:

f(x)= 3x + 10 and g(x)= 2x - 4

(f+g)(x)= 3x + 10 + 2x - 4

3x + 2x + 6

5x + 6

b and c

Answer:

C. (f + g)(x) = 5x + 6.

Step-by-step explanation:

test approved

A flock of Canadian geese migrated 1623 miles in 28 days. What was the average rate at which these geese traveled in miles per day?

Answers

It's asking for miles/day (miles per day) meaning you would divide the number of miles by the number of days. So divide 1623 by 28.
1623/28=57.964

Answer correctly for brainliest and also get a thanks ! Don't answer if you don't know it please !

Answers

I am pretty sure it is 3.
Three possible midsegments

List the fractors of 35 is this number prime or composite

Answers

35 is a composite number. 35=5×7. 

Answer: Composite

Step-by-step explanation: To see if 35 is a prime number or a composite number, let's first start by finding the factors of 35.

To find the factors of 35, begin by dividing 35 by 1 which gives us 35. This means that 1 and 35 are factors.

Next, since 35 is not divisible by 2, 3, or 4, we divided 35 by 5 which gives us 7. This means that 5 and 7 are factors.

Next, since 35 is not divisible by 6, we divide 35 by 7 which gives us 5. Notice that 7 and 5 are repeat factors and once we hit repeat factors, this means that all other factors we try will repeat.

Therefore, the factors of 35 are 1, 5, 7, and 35.

Since 35 has more than two factors, it's called a composite number.

You invested $2,300 in a stock. Your account now has a value of $2,643. Your percentage gain on the investment (rounded to the nearest percent) was:

a)0%
b)5%
c)10%
d)15%

Answers

I hope this helps you

Answer:

15%

Step-by-step explanation:

 

Calculate the length of the circumference of a circle with diameter 6.2cm use pi = 3

Answers

The circumference of the circle with diameter 6.2 cm, using (pi) equal to 3, is calculated as 18.6 cm using the formula C = (pi)d.

The question asks to calculate the length of the circumference of a circle with a diameter of 6.2 cm, using an approximate value for (pi) as 3. To find the circumference of a circle, the formula C = (pi)d is used, where C is the circumference and d is the diameter. Since we are provided with the diameter (6.2 cm) and an approximate value for
(pi) as 3, the calculation is straightforward.

Using the formula,

C = (pi)dC = 3 * 6.2 cmC = 18.6 cm

Thus, the circumference of the circle is 18.6 cm.

Translate this sentence into an equation.
The product of Raj's score and
6
is
66
.
Use the variable
r
to represent Raj's score.

Answers

Product -> multiplication
product of Raj's score and 6: r x 6
is 66: =66

r x 6 = 66

Final answer:

The sentence 'The product of Raj's score and 6 is 66' translates to the equation 6 × r = 66. By dividing both sides by 6, we find that Raj's score r = 11.

Explanation:

To translate the sentence into an equation, we need to understand the mathematical operation described by the word 'product'.

The product refers to the result of multiplying two numbers.

In this sentence, the product of Raj's score, which we will represent with the variable r, and 6 is given to be 66.

Therefore, the equation representing this relationship is:

6 × r = 66

To solve for Raj's score, you would divide both sides of the equation by 6, which gives you:

r = 66 / 6

Therefore, Raj's score, r, is 11.

An interior angle of a regular polygon has a measure of 120°. What type of polygon is it? decagon hexagon quadrilateral octagon

Answers

The answer is Hexagon

The correct answer is B. Hexagon

Explanation:

In geometry, a polygon refers to a figure with three or more sides and therefore at least three angles, this includes triangles, pentagons, octagons, etc. Additionally, polygons can include irregular or regular sides and angles.

In the case of hexagons, if a hexagon is regular, this includes six sides of the same length and six angles with the same measure. Moreover, each of the angles is120° considering the total of internal angles in a hexagon is always 720° and therefore 720° divided into six equal angles is equal to 120°.

Therefore, if an interior angle of a regular polygon (figure with equal sides and angles) has a measure of 120° the polygon is a hexagon because the only polygon that can have multiple sides and angles each with 120° and form a regular polygon is the hexagon.

Please I really don't get this. Can someone please help me?

There are ten shirts in your closet, four blue, three green, and three red. You randomly select a different shirt each day. You wear a blue shirt Monday, Tuesday, and Wednesday.

Answers

It's a probability problem to find the odds of picking a green or red shirt out of the 10 shirts on Thursday, Friday and Saturday since you have randomly already know you have picked a blue shirt on the other days. Probability = Number favorable outcomes / total number of outcomes

Answer:

It's a probability problem to find the odds of picking a green or red shirt out of the 10 shirts on Thursday, Friday and Saturday since you have randomly already know you have picked a blue shirt on the other days. Probability = Number favorable outcomes / total number of outcomes

Click to let others know, how helpful is it

Step-by-step explanation:

how do you write standard number 0.00073 in scientific notation?

Answers

Hi , the answer is 7.3 x 10 * -4 .
7.3 x 10^-4 is the scientific notation of the value
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