For retirement, Mike invested $2,500 in an account that pays 6% annual interest, compounded quarterly. Find the value of his investment after 10 years.

$2,035.05

$1,609.05

$4,109.05

$4,535.05

Answers

Answer 1

Answer:

$4,535.05

Step-by-step explanation:

Answer 2

Final answer:

The correct option is $4,535.05. To find the value of Mike's investment after 10 years with compound interest, use the formula A = P(1 + r/n)^(nt) with the given values. The final value of Mike's investment is $4,535.05.

Explanation:

Mike invested $2,500 in an account with 6% annual interest compounded quarterly. We can use the compound interest formula: A = P(1 + r/n)^(nt) to calculate the value after 10 years.

Here's the calculation: A = $2,500(1 + 0.06/4)^(4*10) = $4,535.05. Therefore, the value of Mike's investment after 10 years is $4,535.05.


Related Questions

Write the following ration as a reduced fraction. Simplify your answer when possible: 14 to 84

Answers

Answer:

Hi there!

Since you asked for a simplified fraction, the answer to this question is: 1/6

Step-by-step explanation:

Look at the fraction 14/84, there is a definite similar factor between 14 and 84, 2. So all you do is divide the two numbers by two to reduce the fraction into 7/42

then you divide both 7 and 42 by 7 to get 1/6

Answer:

1/6

Step-by-step explanation:

14 to 84

First lets make it a fraction

14/84

Divide the top and bottom by 14

1/6

What is the simplified form of x+6/2x+5 + x+5/x+3

Answers

Answer:

Step-by-step explanation:

6/2 evaluates to 3

Multiply x and 3

Multiply x and 1

The x just gets copied along.

The answer is x

x

6/2*x evaluates to 3x

x+6/2*x evaluates to 4x

x+6/2*x+5 evaluates to 4x+5

4x + x = 5x

The answer is 5x+5

x+6/2*x+5+x evaluates to 5x+5

To divide 1 by x

The x just gets copied along in the denominator.

The answer is

5/x evaluates to  

The answer is

x+6/2*x+5+x+5/x evaluates to  

5 + 3 = 8

The answer is

B

x+6/2*x+5+x+5/x+3 evaluates to  

The final answer is

 

B

What is the solution to log 25x = 3?

Answers

Answer: x=40

Step-by-step explanation:

The solution to log (25x) = 3 is 40. This is calculated by using log rules.

What are the rules of a logarithmic function?

A function that has log terms is said to be a logarithmic function.

Some of the rules for solving log functions are as follows:

The basic form of a logarithmic function is [tex]log_b(m)=n[/tex] ⇒ [tex]m=b^n[/tex].Product rule: [tex]log_b(x)+log_b(y)=log_b(xy)[/tex]Quotient rule: [tex]log_b(x)-log_b(y)=log_b(\frac{x}{y})[/tex]Power rule: [tex]log_b(x)^n=nlog_b(x)[/tex]Identity rule: [tex]log_b(b)=1[/tex] where [tex](b^1=b)[/tex]

Finding the solution for the given function:

Given that,

log (25x) =3

Using basic form [tex]log_b(m)=n[/tex] ⇒ [tex]m=b^n[/tex]

Here base b=10, m=25x and n=3

Then,

log (25x) =3

⇒ [tex]25x = 10^3[/tex]

⇒ 25x = 1000

⇒ x = 1000/25

∴ x = 40.

Hence the solution of the given function is 40.

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if m
17
27
90
63
** picture is attached below!!

Answers

Answer:

Last option: 63

Step-by-step explanation:

You need to observe and analize the triangle XWZ provided in the image attached.

You can observe that the lenght of the side XW of the triangle XWZ is congruent to the lenght of the side ZW. This means that the lenght of the side XW and the lenght of the side ZW are equal.

Therefore, if the measure of the angle ∠X is 63, then the measure of the angle ∠YZW is 63:

[tex]m\angle YZW=m\angle X[/tex]

[tex]m\angle YZW=63[/tex]

This matches with the last option.

Use the quadratic formula to solve the equation. 2x^2-6x+1=0 Enter your answers, in simplified radical form, in the boxes.

x=__or x=

please send me image and explain work

Answers

Answer:

(3 (pm) sqrt(7))/2

Step-by-step explanation:

First step: Identify a,b, and c

a=2

b=-6

c=1

Second step: Find b^2-4ac (this is called the discriminant-I will call this D)

(-6)^2-4(2)(1)=36-8=28

Third step: Find the square root of the discriminant aka sqrt(D)

sqrt(28)

Let's see if we can simplify sqrt(28)

Here is there a factor of 28 that is a perfect square? How about 4? Yep!

sqrt(28)=sqrt(4)sqrt(7)=2sqrt(7).

Fourth Step: What is -b? If b=-6 then -b=6.

Fifth step: What is 2a?  2(2)=4

So the formula is

x=(-b (pm) sqrt(D))/(2a)

or

x=(step4 (pm) step 3)/(step 5)

x=(6 (pm) 2sqrt(7))/4

Simplify

x=(3 (pm) sqrt(7))/2

*pm means plus or minus

*sqrt( ) means square root of the number that follows in the ( )

Answer:

Just took it!

Step-by-step explanation:

Use a transformation to solve the equation. w/4 = 8 can you also leave a detailed explanation on how this equation = 32

Answers

Answer:

w=32

Step-by-step explanation:

w/4 = 8

4/1 * w/4 = 8*4

w=32

You can hear the following number:

500 million, 900

How do you write it using digits?

Answers

Answer:

Using digits it would look like 5,000,900

In the word "COURSE” what is the probability of choosing a vowel?

Answers

Answer:

3 vowel in the word and theres 6 letters so 50% 3/6

Step-by-step explanation:

If
[tex] log_{5}(3) = a[/tex]
and
[tex] log_{5}(4)= b[/tex]
then
[tex] log_{15}(2) [/tex]
is?
a)2b/a+1

b)a+b/ab

c)2b-a/2b

d)b/2a+2

e)2a+2/b

Answers

[tex]\bf \log_5(3)=a\qquad \qquad \log_5(4)=b\ \\\\\\ \log_5(4)=b\implies \log_5(2^2)=b\implies 2\log_5(2)=b\implies \log_5(2)=\cfrac{b}{2} \\\\[-0.35em] \rule{34em}{0.25pt}\\\\ \log_{15}(2)\implies \stackrel{\textit{change of base rule}}{\cfrac{\log_5(2)}{\log_5(15)}}\implies \cfrac{~~\frac{b}{2}~~}{\log_5(3\cdot 5)}\implies \cfrac{~~\frac{b}{2}~~}{\log_5(3)+\log_5(5)} \\\\\\ \cfrac{~~\frac{b}{2}~~}{a+1}\implies \cfrac{b}{2}\cdot \cfrac{1}{a+1}\implies \cfrac{b}{2a+2}[/tex]

The range of the function f(x) = x + 5 is {7, 9). What is the function's domain?​

Answers

Answer:

(2,4)

Step-by-step explanation:

The range is the y values

y = x+5

Let y=7

7 =x+5

Subtract 5

7-5 x+5-5

2=x

Let y= 9

Subtract 5

9-5 x+5-5

4=x

The domain is (2,4)

A class of 20 students is visiting the fair today. Each student is 16 years old or younger and will participate in
either the Hay Bale Toss or the Pie Eating Contest. If all 20 students joined the same event, how would the shape
of the histogram change compared to the original?

Answers

Final answer:

The histogram would change due to the different distribution of ages when all 20 students join the same event.

Explanation:

A histogram is a graphical representation of the distribution of numerical data. It consists of bars, where the length or height of each bar corresponds to the frequency or relative frequency of data within a specific interval or range. Histograms provide insights into data patterns and distributions.

The histogram would change when all 20 students join the same event compared to the original because the distribution of ages would be different. The original histogram would show the number of students participating in each event, while the new histogram would show the number of students in each age group. The new histogram would have different bars representing each age group, and the heights of these bars would be determined by the number of students in each age group.

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Can someone please help me out

Answers

Answer:

3 + 3 + 12 + 8 + 8

Step-by-step explanation:

We have:

two triangles with base b = 6 and height h = 1

two rectangles with length l = 4 and width w = 2

one reactangel with length l = 6 and width w = 2.

The formula of an area of a triangle:

[tex]A_T=\dfrac{bh}{2}[/tex]

Substitute:

[tex]A_T=\dfrac{(6)(1)}{2}=3[/tex]

The formula of an area of a rectangle:

[tex]A_R=lw[/tex]

Substitute:

[tex]A_{R_1}=(4)(2)=8\\\\A_{R_2}=(6)(2)=12[/tex]

The surface area of the prism:

[tex]S.A.=A_T+A_T+A_{R_1}+A_{R_1}+A_{R_2}[/tex]

[tex]S.A.=3+3+8+8+12[/tex]

the function f(x)= sqrt x is translated left 5 units and up 3 units to create the function g(x). what is the domain of g(x)?

Answers

Answer:

the domain is from -5 to infinity

Step-by-step explanation:

f(x+5)+3=√x+5  +3

x+5>0

x>-5

the domain is from -5 to infinity

Answer:

A. {x | x > –5}

the greater than sign should be greater than or equal to

Factorise:b+√b-12
An easy one.​

Answers

Answer:

Step-by-step explanation:

If you let b = x^2 the problem becomes a whole lot easier. Note that x = √b

x^2 + x - 12

Now factor this trinomial.

(x + 4)(x - 3)

Now put b back into the equation

(√b + 4)(√b - 3)

Please help me find this shaded reigon fast

Answers

Answer:

=293.7m²

Step-by-step explanation:

Area of the shaded region = area of the circle-area of the minor segment.

The area of the minor segment is calculated as follows.

Area= Area of sector - area of the triangle bound by the radii.

=∅/360πr²-1/2r²sin∅, where r is the radius of the circle and ∅ the obtuse angle bound by the radii.

=130/360×π×11.1²-1/2×11.1²sin130

=93.43m²

Area of the whole circle =πr²

=π×11.1²

=387.08m²

Area of the shaded region

=387.08m²-93.43m²

=293.65m²

≅293.7m² to the nearest tenth.

Which of the following translates the sentence the difference of three times a number and 20 is 13"?
x x - x - 20 = 13
3x - 20 = 13
3x + 20 = 13

Answers

Answer:

3x - 20 = 13

Step-by-step explanation:

it says difference so it cant be the last one and three times a number is 3 x so it cant be the first one leaving the middle.

please mark brainliest

What is 4 divided by 1/3 write in fractions

Answers

The answer is 12. This is the step by step

Answer:

the answer is 12.

Step-by-step explanation:

the explanation is in the image above

Hope this helps

solve for x.
3x-12y=27

Answers

Answer: x=4y+9

Step-by-step explanation:

All of the variables, 3x, 12y, and 27 can be divided y 3, so we will simplify by dividing the whole equation by 3.

3x/3-12y/3=27/3

Which is equal to....

x-4y=9

Now you can move -4y over to the right side by changing its sign...

x=4y+9

Let the equation be 3x - 12y = 27 then, the value of x = 9 + 4y.

How to find the value of x?

Given: 3x - 12y = 27

To find the value of x, bring the variable to the left side and bring all the remaining values to the right side. Simplify the values to find the result.

Solve the value of x, then

Add 12y to both sides

3x - 12y + 12y = 27 + 12 y

Simplifying the above equation, we get

3x = 27 + 12y

Divide both sides by 3, then we get

[tex]$\frac{3 x}{3}=\frac{27}{3}+\frac{12 y}{3}$$[/tex]

Therefore, the value of x = 9 + 4y.

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Which graph represents the function g(x) = |x + 4| + 2?

Answers

Answer:

Step-by-step explanation:

Graph y = |x|.  This graph is v-shaped, opening up, with vertex at (0, 0).  Now translate this graph 4 units to the left and 2 units up.  The result is the graph of g(x) = |x + 4| + 2.

Next time, please share the possible answer choices.  Thanks.

The function g(x) is derived from the function f(x) by translating f(x) graph 4 units to the left and 2 units up

The equation of the function is given as:

[tex]g(x) = |x + 4| + 2[/tex]

The above is an absolute value function, and the equation of the parent function is:

[tex]f(x) = |x|[/tex]

This means that the function g(x) is derived from the function f(x) by translating f(x) graph 4 units to the left and 2 units up

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Which line is parallel to a line that has a slope of 3 and a y-intercept at (0, 0)?

AB
CD
FG
HJ

Answers

Answer:

HJ

Step-by-step explanation:

we know that

If two lines are parallel, then their slopes are the same

so

The slope of the line that is parallel to a line that has a slope of 3 is equal to 3

Verify the slope of the blue and red line , because their slopes are positive

Blue line

we have

C(-3,0),D(3,2)

The slope m is equal to

m=(2-0)/(3+3)

m=2/6

m=1/3

Red line

we have

H(-1,-4),J(1,2)

The slope m is equal to

m=(2+4)/(1+1)

m=6/2

m=3

therefore

The answer is the red line HJ

Rachel has a box in the shape of a prism with a square base. The capacity of the box is 150 cubic inches. The height of the box (y) is times the base length of the box (x). Find the approximate height and the length of the box.
A. x = 4 and y = 6
B. x = 5 and y = 7.5
C. x = 4.2 and y = 6.3
D. x = 4.6 and y = 6.9

Answers

Answer:

Step-by-step explanation:

What do we know about that prism?

It's a rectangular prism with a square base.

Height: y (from question)

base length: x (from question)

base width: x (from question, since it's a square base).

Total volume: 150 cu inches

The question lacks a relationship between x and y the "is __ times", but we can see from the answer choices that they all show a constant relationship:

y = 1.5 x  

The volume of a prism is obtained by  multiplying the lengths of its 3 dimensions: V = length * width * height.  In our case, we then have

150 = x * x *  y

then we replace y by its x-expressed equivalent:

150 = x * x * (1.5x) = 1.5x³

then we isolate x³ by dividing each side by 1.5

x³ = 100, we do the cubic root on each side

x = 4.64

So, answer is D. x = 4.6 and y = 6.9

If you you 4.64 * 4.64 * 6.96 = you get 149.8, which is very close to 150.

Connie has $660,000 she wants to save. If the FDIC insurance limit per
depositor, per bank, is $250,000, which of these ways of distributing her
money between three banks will guarantee that all of her money is insured?
O
A. $220,000 in bank A, $160,000 in bank B, $280,000 in bank C
O
B. $180,000 in bank A, $220,000 in bank B, $260,000 in bank C
O
c. $220,000 in bank A, $300,000 in bank B, $140,000 in bank C
O
D. $180,000 in bank A, $240,000 in bank B, $240,000 in bank C
SUBMIT

Answers

Answer:

The answer would be D) $180,000 in bank A, $240,000 in bank B, $240,000 in bank C.

Step-by-step explanation:

You can immediately eliminate A, B and C because the question clearly states that the limit per bank is $250,000.

Answer:

D. $180,000 in bank A, $240,000 in bank B, $240,000 in bank C

Step-by-step explanation:

She needs to deposit less than $250,000 in each bank in order to be able to have that sum of money insured, in this case she could deposit it this way:

$250,000

$250,000

$160,000

But that could be too risky and too on the verge of not being accepted, you she just takes $10,000 out of every $250,000 deposits to make them $240,00, and add it to the $160,000 deposit, so she is left with three deposits of:

$240,000

$240,000

$180,000

And with this she makes sure all of her deposits are insured by staying below the $250,000 limit.

What is the solution for this equation 3(80-9x)=x-96

Answers

Answer:

X=12

Step-by-step explanation:

3(80-9x)=X-96 Distribute 3 through the parenthesis

240-27x=x-96

Move the variable to the left side and change its sign

Move constant to the right side and change its sign

-27x-x+240=-96

collect the like terms

calculate the difference

-28x=-336

Divide both sides of the equation by -28

x=12

3. Mr. Terence had 18 boxes containing 36 donuts each. He sold 162 donuts and
repacked the rest into 81 boxes. How many donuts did he put into cach box?​

Answers

6 donuts. He repacked 6 donuts into each box .

Mr. Terence had 18 boxes containing 36 donuts each, that means:

Total donuts = n° boxes*n° donuts

Total donuts = 18*36 = 648

He had in total 648 donuts.

He sold 162 donuts and repacked the rest into 81 boxes. Then:

Rest donuts = Total donuts - sold donuts

Rest donuts = 648 - 162 = 486

The rest donuts are 486 donuts.

He repacked the rest into 81 boxes, then:

n° donuts (each box) = Rest donuts/n° boxes

n° donuts (each box) = 486/81 = 6

The number of donuts that he put in each box is 6 donuts.

Find the equation of the line graph below in slope intercept form. please show your work. (will make brainiest.)

Answers

Answer:

y=2/3x+3

Step-by-step explanation:

the slope is 2 over 3 because you ride 2 up and 3 to the right to get to the next dot and the y intercept is 3 because that's where the line intercepts the y axis.

Jodi invested $497.50 in a regular savings account that paid simple interest at a rate of 3.5% per year. How much was her investment worth in one year?

Answers

Answer:

17.41

Step-by-step explanation:

497.50 x 0.035

Final answer:

Jodi's investment will earn $17.41 in interest in one year at an interest rate of 3.5%. Therefore, after one year, her investment will be worth $514.91.

Explanation:

To find out how much Jodi's investment is worth in one year, we can use the formula for simple interest, which is Interest = Principal x Rate x Time. In this case, the principal is $497.50, the rate is 3.5% (or 0.035 in decimal form), and the time is 1 year.

So, the interest earned in one year would be $497.50 x 0.035 x 1 = $17.41.

To find the total worth of her investment after one year, we add the interest earned to the initial principal. So, $497.50 (the principal) + $17.41 (the interest) = $514.91. Therefore, her investment is worth $514.91 after one year.

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Which equation can be used to calculate the area of the shaded triangle in the figure below?

Answers

Answer:

A

Step-by-step explanation:

The area (A) of a triangle is calculated using the formula

A = [tex]\frac{1}{2}[/tex] bh ( b is the base and h the perpendicular height )

here b = 14 and h = 4, hence

A = [tex]\frac{1}{2}[/tex] (14 × 4) = 28

Two asteroids are 1000 km apart and are heading straight for each other. One asteroid is travelling at 59 km per second and the other at 41 km per second. How long does it take for them to collide?

Answers

Answer:

10 seconds.

Step-by-step explanation:

The velocity at which they are approaching each other = 59 + 41 = 1000 km per second.

Velocity = distance  / time

So time =  distance / velocity

= 1000 / 100

= 10 seconds.

10 seconds long does it take for them to collide.

Velocity

Velocity exists as the measurement of the amount of distance an object covers in a given amount of time. Here's a term equation that describes the connection between distance, velocity, and time: Velocity equals distance traveled divided by the time it brings to get there.

The velocity at which they exist approaching each other = 59 + 41

= 1000 km per second.

Velocity = distance / time

So, time = distance / velocity

= 1000 / 100

= 10 seconds.

Therefore, 10 seconds long does it take for them to collide.

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Steven earns extra money babysitting. He charges $25.00 for 4 hours and $37.50 for 6 hours. Write an equation to represent the relationship. Let x represent the number of hours Steven babysits and y represents the amount he charges. The equation is y=

Answers

An easy way to solve this problem is divide $23.25 by 3 or $54.25 by 7. Either way, you get $7.75. This number represents the amount of money he makes for 1 hour. So with that in mind, the correct equation is:

$7.75x = y

I hope this helped! :)))

What is half of a number z

Answers

Answer:

[tex]\frac{1}{2} z[/tex]

Step-by-step explanation:

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