Why is simple interest useful for planning parts of your financial future?

Answers

Answer 1
Because you know how much money you will receive in interest every x amount of time with no variability.
Answer 2
Final answer:

Simple interest is useful for planning parts of your financial future because it helps you calculate how much interest you will earn or owe on a loan or investment.

Explanation:

Simple interest is useful for planning parts of your financial future because it helps you calculate how much interest you will earn or owe on a loan or investment. It is a straightforward calculation that only takes into account the principal amount and the interest rate. By using simple interest, you can make informed decisions about saving, borrowing, or investing money.

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Related Questions

VERY IMPORTANT

which series of transformations take the graph of f(x)=4x+9 to the graph of g(x)=-4x+7?

1. reflect the graph about the x axis and translate 2 units down?

2. reflect the graph about the y axis and translate 2 units up?

3. reflect the graph about the x axis and translate 2 units up?

4. reflect the graph about the y axis and translate 2 units down?

Answers

We start with   f(x)=4x+9.
Placing  a  " - " sign in front of the x term will reflect the graph of y=4x about the x-axis, but will not change the effect of that constant +9.
After this reflection your graph will still go through (0,9), but will have a slope of -4 instead of one of +4.

So, we'll end up with a line of slope m = -4 whose y-intercept is still (0,9).  Translating this graph downward by 2 units will result in the graph of 
y = -4x + 7.

The correct transformation is to reflect the graph about the y-axis and then translate it 2 units down, corresponding to option 4.

The correct transformation is therefore to reflect the graph about the y-axis to change the slope from positive to negative and then translate 2 units down to change the y-intercept from +9 to +7. This corresponds to option 4 from the question.

Write an application to simulate the rolling of two dice. the application should use an object of class random once to roll the first die and again to roll the second die. the

Answers

01 import java.util.Random;02 03 public class RollDice_Mod {04   05    static Random randomNumbers = new Random();06    static final int SIDES_ON_DICE = 6;07    static final int REPETITIONS = 36000000;08   09    public static void main(String[] args) {10        int[] frequency = countRollFrequencies(REPETITIONS);11        displayFrequencies(frequency);12    }  13     14    static int[] countRollFrequencies(int repetitions) {15        int maxRoll = SIDES_ON_DICE + SIDES_ON_DICE;16        int[] result = new int[maxRoll + 1];17        for(int i = 0; i < repetitions; i++){18            ++result[rollTwoDice()];19        }20        return result;21    }2223    static int rollTwoDice() {24        return rollDice() + rollDice();25    }2627    static int rollDice(){28        return 1 + randomNumbers.nextInt(SIDES_ON_DICE);29    }3031    static void displayFrequencies(int[] frequency) {32        int minRoll = 2;33        for(int i = minRoll; i < frequency.length; i++){34            System.out.printf("%4d%10d\n", i, frequency[i]);   35        }36    }37 38}

Final answer:

The answer explains how to create a Python application to simulate rolling two dice using the random module.

Explanation:

application

To simulate the rolling of two dice using an object of class random, you can create a Python application. Here's an example of how you can achieve this:

Import the random module.

Create a function to simulate rolling a die.

Call the function twice to simulate rolling two dice.

Ben earns $1500 each summer and puts the money in a savings account with a 6% simple interest rate. If he deposits the same amount each year, how much money will he have at the end of his third summer

$4770

$3250

$3175

$2850

Answers

he will have 4770 in his account 
I believe the answer is A. $ 4,770

The amount that Ben gets by the first year:

1,500 + (1,500 x 6%)  = 1590

The amount that Ben gets by the second year: 

(1590+1500)  + (3090 x 6%) = 3270.4

The amount that Ben gets by the third summer

(3270.4 + 1500 = $ 4770 

The interest rate is not calculated because the Bens till hasn't pass the rest of the year

you drink one fourth of a pitcher of Kool-Aid your friend drinks 7/12 of the pitcher what fraction of the pitcher do you and your friend drink

Answers

1/4 is equal to 3/12 and 3/12 + 7/12 = 10/12 or 5/6
The Answer is 5/6. how you reach this answer is by finding the common denominator, which in this case is 12. So you multiply the numerator and the denominator by 3, which will become 3/12. You then add the two fractions and then simplify to get 5/6. Hope this helps.

Which expression is equivalent to (5x^3)(2x)^3?

A. 10x^6
B. 30x^6
C. 40x^6
D. 1000x^12

Answers

[tex]\bf (5x^3)(2x)^3\implies (5x^3)(2^3x^3)\implies (5x^3)(8x^3)\implies 5\cdot 8x^3x^3 \\\\\\ 40x^{3+3}\implies 40x^6[/tex]

Which of the following shows 12⁄28 written in prime factored form to help in reducing the fraction to simplest form? A. 7×2×2⁄3×2×2 B. 3⁄7 C. 3×2×2⁄7×2×2 D. 6×2 ⁄7×4

Answers

IF you write the numerator and denominator in prime factor form you get:

12 = 2*2*3. 28 = 2*2*7.

So 12/28 = 2*2*3 / 2*2*7.

 So the correct answer is B.3*2*2 / 7*2*2.
The answer is C. Hoped this helped
Feel free to ask any more questions here at Brainly.com

Jed took 2 free throws in 5 seconds. Alex took 4 free throws in 12 seconds did the two shoot free throws at the same rate? Explain

Answers

2 free throws in 5 seconds....2/5 = 0.4 free throws per second
4 free trows in 12 seconds....4/12 = 0.3 free throws per second

no, they did not shoot their free throws at the same rate...because 2/5 does not equal 4/12

Jed and Alex do not shoot free throws at the same rate, Jed is faster by 0.5 seconds.

What is a unitary method?

A unitary method is a mathematical way of obtaining the value of a single unit and then deriving any no. of given units by multiplying it with the single unit.

Given, Jed took 2 free throws in 5 seconds.

∴ Jed can do 1 free throw in (5/2) = 2.5 seconds.

Alex took 4 free throws in 12 seconds.

∴ Alex can do 1 free throw in (12/4) = 3 seconds.

No, Jade and Alex do not shoot free throws at the same rate Jed is faster by 0.5 seconds.

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The basal diameter of a sea anemone is an indicator of its age, and in a certain population of anemones, the distribution of basal diameters is approximately normal with a mean of 5.3 cm and a standard deviation of 1.8 cm. suppose you randomly select five anemones from this population.
a. what is the probability that all five anemones have a basal diameter more than 5.5 cm? (2pt)

Answers

Final answer:

The probability that all five randomly selected sea anemones from a population with normally distributed basal diameters have a diameter more than 5.5 cm is approximately 4.5%.

Explanation:

To solve this problem, we first need to find the probability that one sea anemone has a basal diameter more than 5.5 cm, given the population's mean basal diameter is 5.3 cm with a standard deviation of 1.8 cm. We calculate the Z-score for a diameter of 5.5 cm to see how many standard deviations this value is away from the mean. The Z-score formula is Z = (X - μ) / σ, where X is the value in question, μ is the mean, and σ is the standard deviation.

The Z-score for a diameter of 5.5 cm is Z = (5.5 - 5.3) / 1.8 ≈ 0.11. Looking this up in a standard normal distribution table, we find that the probability of selecting an anemone with a diameter larger than 5.5 cm is approximately 0.5438. Since the selections are independent, the probability of all five having a diameter more than 5.5 cm is (0.5438)⁵ ≈ 0.045, or 4.5%.

The probability that all five randomly selected anemones have a basal diameter more than 5.5 cm is approximately 0.0056.

To solve this problem, we can use the standard normal distribution. First, we need to standardize the diameter value using the z-score formula:

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

where:

- x is the value of the basal diameter,

- [tex]\mu[/tex] is the mean of the basal diameters (5.3 cm),

- [tex]\sigma[/tex] is the standard deviation of the basal diameters (1.8 cm), and

- z is the standardized score.

For a basal diameter of 5.5 cm, the z-score would be:

[tex]z = \frac{5.5 - 5.3}{1.8} = \frac{0.2}{1.8} \approx 0.1111[/tex]

To find the probability that an anemone has a basal diameter more than 5.5 cm, we need to find the area to the right of z = 0.1111 under the standard normal curve.

Using a standard normal table or calculator, we find that this area is approximately 0.4562.

Since each selection is independent (assuming replacement), the probability that all five anemones have a basal diameter more than 5.5 cm is the probability raised to the power of 5:

[tex]P(\text{all five} > \text{ 5.5 cm}) = (0.4562)^5 \approx 0.0056[/tex]

So, the probability that all five randomly selected anemones have a basal diameter more than 5.5 cm is approximately 0.0056.

For any normal distribution, the probability of randomly selecting a z-score less than z = 1.40 is p = 0.9192.
a. True
b. False

Answers

Use either a calculator or a table of z-scores to determine the area under the standard normal curve to the left of z=1.40.

According to my TI-83 Plus, this area (representing the probability in question) is 0.919.   What is your conclusion here?

The Tigers won twice as many football games as they lost. They played 96 games. How many games did they win?

Answers

w + L = 96
w = 2L

2L + L = 96
3L = 96
L = 96/3
L = 32.....so they lost 32

w = 2L
w = 2(32)
w = 64 <== they won 64 games

What is the answer to 2/7 x 4 4/9

Answers

To figure this out first make the 4 4/9 into a improper fraction making it 40/9 and then multiply 2/7 x 40/9 then make is a mixed fraction :) hope this helped.

Find the range of the following list of numbereally -9, 17, -12, 15, 8, 0,16,

Answers

Order the list from least to greatest:
-12, -9, 0, 8, 15, 16, 17

subtract the least from the greatest: 17 - (-12)

17 + 12 = 29

The range is 29

hope this helps

find the measure of <ghk <hki and <hkj show your work or wite and explanation

Answers

check the picture below.

Parallelogram MNPQ was dilated to create parallelogram M'N'P'Q'.



Which statements are true about the parallelograms? Check all that apply.

The length of side MN is 2 units.
The length of side M'N' is 5 units.
The image is smaller than the pre-image.
Sides MQ and M'Q' both have the same slope, 1.
The scale factor is 2/5

Answers

Answer:

Options 1,2 and 4 are correct.

Step-by-step explanation:

We have been given a parallelogram MNPQ was dilated to create parallelogram  M'N'P'Q' and we asked to find out which of the given options are correct.

Let us see all the options one by one.

On using distance formula we can see that side MN is 2 units.

[tex]MN=\sqrt{(x_2-x_1)^{2} +(y_2-y_1)^{2} }[/tex]

[tex]MN=\sqrt{(4-2)^{2} +(-2-(-2))^{2} }[/tex]

[tex]MN=\sqrt{(2)^{2} } =2[/tex]

Therefore,option 1 is correct.

We can find the side M'N' by distance formula as we solved for side MN. After solving for M'N' we will get 5 units. Therefore, option 2 is also correct.

Now let us see third option. We can see that image M'N'P'Q' is bigger than pre-image MNPQ. Therefore, option 3 is false.

Now look at our option 4.

Since we know slope is rise (difference of y coordinates) over run (difference of x coordinates) . Upon looking at our image and pre-image we can see that as we increase our x coordinate by one unit our y coordinate also increase by one.

Therefore, option 4 is correct indeed.

Upon looking at our fifth option we can see that our image is bigger than our pre-image. If our image was dilated by factor of 2/5 it would have been smaller than our pre-image. We can see the scale factor is 5/2 instead of 2/5.

Therefore, our fifth option is false.

Considering the slopes and scale factor of the diagram given, the statements that are true about the parallelogram are: A, B, and D.

How to find Slope

Slope = vertical distance / horizontal distance = change in y / change in x.

How to find Scale Factor

Scale factor = length of image/corresponding length of pre-image.

Find the length of MN:

MN = |4 - 2| = 2 units (Option A is true).

Find M'N':

M'N' = |10 - 5| = 5 units (Option B is true).

MNPQ is the pre-image, while M'N'P'Q' is the image, therefore, the image is bigger than the pre-image. (Option C is NOT true).

Find Slope of MQ:

Slope = 1/1 = 1

Find Slope of M'Q':

Slope = 2/2 = 1 (Option D is true).

Find the scale factor:

Scale factor = dimension of image/dimension of pre-image = M'N'/MN

Scale factor = 5/2 (Option E is NOT true).

Therefore, considering the slopes and scale factor of the diagram given, the statements that are true about the parallelogram are: A, B, and D.

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The rectangular box shown in the figure has dimensions 9" × 5" × 3" (a = 9, b = 5, c = 3). Approximate the angle θ formed by a diagonal of the base and a diagonal of the 5" × 3" side. (Round your answer to two decimal places.)

Answers

The simplest method to do this is with the vector dot product. Let the vector A = <9i + 5j> with magnitude √106 be the base diagonal, and B = <5j + 3k> be the diagonal vector on the side, with magnitude √34. Then cos θ = (A dot B) divided by the product of the magnitudes. A dot B =30, so 

cos θ = 30 / √(34 x 106)

 = 0.4997 ==>

 θ = 49.19° is the answer

Jasmine earns $36 for 4 hours of baby-sitting. She charges a constant hourly rate. Which table correctly shows the amount Jasmine earns baby-sitting for different numbers of hours?

Answers

I am pretty sure it is a because 2 is half of 4 and 18 is half of 36.

Answer:

A

Step-by-step explanation:


x+4, -x+64. Use the expressions that represent the length and width of the game board to write an equation that models the area of the figure. Let y represent the area, and write your answer in the form y=ax²+bx+c, where a,b, and c are real numbers.

Answers

y=(x+4)(-x+64)
y=-x^2+68

Which equation represents a line that passes through (–9, –3) and has a slope of –6?

Answers

[tex]\bf \begin{array}{lllll} &x_1&y_1\\ % (a,b) &({{ -9}}\quad ,&{{ -3}}) \end{array} \\\\\\ % slope = m slope = {{ m}}= \cfrac{rise}{run} \implies -6 \\\\\\ % point-slope intercept \stackrel{\textit{point-slope form}}{y-{{ y_1}}={{ m}}(x-{{ x_1}})}\implies y-(-3)=-6[x-(-9)] \\\\\\ y+3=-6(x+9)\implies y+3=-6x-54\implies y=-6x-57[/tex]

A chicken breast weighs 1.375 pounds on a digital scale. What is that same weight as a mixed number?

Answers

It’s 1 pound and 3/8 (three eighths). Also written as 1 1/3.

Does anybody know a rule that will work for all of these?

Answers

y = something x plus or minus a number

going through each line it isn't a linear pattern ( they don't all have the same difference when subtracted or added together)

so now you play around with quadratic equations ( square roots, powers, etc.)


 and you will see that y = x^2 -5

Find the time required for $5000 to be equal to $14,000 when deposited at 7% compounded monthly

Answers

[tex]\bf \qquad \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\to &\$14000\\ P=\textit{original amount deposited}\to &\$5000\\ r=rate\to 7\%\to \frac{7}{100}\to &0.07\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{monthly, thus twelve} \end{array}\to &12\\ t=years \end{cases} \\\\\\ 14000=5000\left(1+\frac{0.07}{12}\right)^{12t}\implies \cfrac{14000}{5000}=\left(1+\frac{0.07}{12}\right)^{12t} \\\\\\ [/tex]

[tex]\bf \cfrac{14}{5}=\left( 1+\frac{7}{1200} \right)^{12t}\implies \cfrac{14}{5}=\left(\cfrac{1207}{1200} \right)^{12t} \\\\\\ log\left(\frac{14}{5} \right)=log\left[ \left(\frac{1207}{1200} \right)^{12t} \right]\implies log\left(\frac{14}{5} \right)=12t\cdot log\left[ \left(\frac{1207}{1200} \right) \right] \\\\\\ \cfrac{log\left(\frac{14}{5} \right)}{12\cdot log\left[ \left(\frac{1207}{1200} \right) \right]}=t\implies 14.75\approx t[/tex]

so, about 14 years and 9 months.
14.7 years will give you $13,998.33 that should be close enough.
See the attached formula.

Is 4/25 greater than 0.28

Answers

No

4/25 - .16
vs
0.28


4/25=16/100 or 0.16, so it is less than 0.28

A coal car on a train weighs 30 tons plus 1 ton per cubic yard of coal x that it carries. The total weight of a coal car is: f(x) = x + 30. How will the graph of this function change if the coal car weight is changed to 26 tons? The line will shift vertically up by 4 tons. The line will shift vertically up 26 tons. The line will shift vertically down by 4 tons. The line will shift vertically down by 26 tons.

Answers

The line will shift vertically down by 4 tons. Hope this helps :)

The line will shift vertically down by 4 tons.

What is the slope of the function

Answers

The slope of the function is 3
that would be 3.
hope this helps you.

Compare 7 x 103 and 2 x 103.

A) 7 x 103 is 3.5 times larger than 2 x 103
B) 7 x 103 is twice as large as 2 x 103
C) 7 x 103 is 3 times larger than 2 x 103
D) 7 x 103 is 5 times larger than 2 x 103

Answers

The answer is A) 7x103 is 3.5 times larger than 2x103
Final answer:

The expression 7 x 10³ is 3.5 times larger than 2 x 10³ because the power of 10 is the same in both, so we simply compare the coefficients 7 and 2.

Explanation:

The student is asking to compare two expressions written in scientific notation: 7 x 10³ and 2 x 10³. Scientific notation allows us to write very large or very small numbers conveniently and is commonly taught in middle school math.

To compare these two expressions, we can look at the coefficients (7 and 2) because the powers of 10 are the same in both expressions (10³). Since these powers are the same, comparing the coefficients directly will give us the relationship between the two expressions. Here, 7 is simply 3.5 times as large as 2, so we can say that 7 x 10³ is 3.5 times larger than 2 x 10³.

In terms of the answer choices provided by the student, we can thus conclude that the correct answer is:

A) 7 x 10³ is 3.5 times larger than 2 x 10³

If X and Y vary directly, as x decreases, what happens to the value of y?

Answers

As x decreases y also decreased

What is the remainder when 1,095 is divided by 7?
A) 3
B) 4
C) 5
D) 6

Answers

the answer is a or 3

When you divide 1095 and 7 you get;

1095 / 7 = 156 

156 * 7 = 1092

1095 - 1092 = 3.

Two consecutive numbers whose square differ by 25

Answers

Represent these numbers with x and y.  Their squares are x^2 and y^2, respectively.  The larger square is 25 more than the smaller square:

y^2 = x^2 + 25, assuming that y>x.  If x and y are consecutive, y exceeds x by 1:     x+1=y.

Square x+1 = y, obtaining x^2+2x+1.  Substitute your result (that is, your expression for y^2 in terms of x into the other equation:        
 
 x^2+2x+1 = x^2+25.  Then 2x+1=25; 2x=24; x=12, and y=13.

Check:  Is 13^2  25 units greater than 12^2?  Is 169 25 units greater than 144?  Yes.   So, the two consec. integers are 12 and 13.

Angelica’s bouquet of a dozen roses contains 5 white roses. The rest of the roses are pink. What fraction of the bouquet is pink roses? There are 12 roses in a dozen.

Answers

Well, I know there are 12 roses. 
5 are white.
All you have to do is subtract 12 and 5. Once you do that you will have your answer!

Answer: 7/12 for pink roses.
Hope this helps! =) 

The requried fraction of the bouquet that is pink roses is 7/12, as of the given proportion.

If Angelica's bouquet of a dozen roses contains 5 white roses, then the remaining roses must be pink. Since there are 12 roses in a dozen, the number of pink roses in the bouquet would be 12 - 5 = 7.

To find the fraction of the bouquet that is pink roses, we divide the number of pink roses by the total number of roses:

Fraction of pink roses = Number of pink roses / Total number of roses

Fraction of pink roses = 7 / 12

Therefore, the fraction of the bouquet that is pink roses is 7/12.

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Consider the equation log (3x-1)=log base 2 of 8. Describe the steps you would take to solve the equation, and state what 3x-1 is equal to.

Answers

The bases are not the same, so you cannot set 3x - 1 equal to 8.

You can evaluate the logarithm on the right side of the equation to get 3.

You can use the definition of a logarithm to write 3x - 1 = 1000.

Answer:  The solution of the given equation is [tex]x=333\dfrac{2}{3}[/tex] and the value of (3x - 1) is 1000.

Step-by-step explanation:  We are given to describe the steps in solving the following logarithmic equation:

[tex]\log(3x-1)=\log_28.[/tex]

Also, we are to find the value of [tex](3x-1).[/tex]

We will be using the following logarithmic properties:

[tex](i)~\log_ba=x~~~\Rightarrow a=b^x,\\\\(ii)~\log_ba=\dfrac{\log a}{\log b},\\\\(iii)~\log a^b=b\log a.[/tex]

We note here that if the base of logarithm is not mentioned, then we assume it to be 10.

The solution is as follows:

[tex]\log(3x-1)=\log_28\\\\\Rightarrow \log(3x-1)=\dfrac{\log8}{\log2}\\\\\Rightarrow log(3x-1)=\dfrac{\log2^3}{\log2}\\\\\Rightarrow \log(3x-1)=\dfrac{3\log2}{\log2}\\\\\Rightarrow \log(3x-1)=3\\\\\Rightarrow 3x-1=10^3\\\\\Rightarrow 3x-1=1000\\\\\Rightarrow 3x=1001\\\\\Rightarrow x=\dfrac{1001}{3}\\\\\Rightarrow x=333\dfrac{2}{3}.[/tex]

Thus, the solution of the given equation is [tex]x=333\dfrac{2}{3}[/tex] and the value of (3x - 1) is 1000.

Other Questions
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