$320 is invested in an account earning 8.1% interest (APR), compounded quarterly. Write a function showing the value of the account after tt years, where the annual growth rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage of growth per year (APY), to the nearest hundredth of a percent

Answers

Answer 1

Answer:

Step-by-step explanation:

Given that:

The investment amount in account = $ 320

The rate of interest is = 8.1% compounded quarterly

Compunded quarterly means  8.1% / 4  = 0.02025

The time period = t years

The objective is to write a function showing the value of the account after t years.

From compound interest , compounded monthly.

[tex]Amount = Principal * ( 1 + \dfrac{rate}{12*100})^{12*time}[/tex]

[tex]= $320 *(1 + \dfrac{0.02025}{12*100})^{12t}[/tex]

[tex]= 320*(1+ 1.6875*10^{-5})^{12t}[/tex]

[tex]= 320 * ( 1.000016875)^{12t}[/tex]

Thus; the function after t years [tex]= $320 * ( 1.000016875)^{12t}[/tex]

The percentage of growth per year is :

= (1 + 0.02025)^4 - 1

= 1.083493758 - 1

= 0.083493758

= 8.4 % (APY) yearly


Related Questions

If AB = 10, BD = 5, and DE= 12, what is the length of BC?

Answers

Answer:

BC = 24

Step-by-step explanation:

In the picture attached, the missing triangles are shown:

Data

AB = 10BD = 5DE= 12Then, AD = 10-5 = 5

As a consequence of the "Side Splitter" Theorem:

AD/DE = AB/BC

Replacing with data and solving for BC

5/12 = 10/BC

BC = 10*12/5 = 24

The length of BC is 8 units.

The given figure is image 1.

From the image: AD = AB + BD = 10 + 5 = 15.

From the image triangle ABC and ADE are similar.

So their sides will be in the same ratio.

[tex]\frac{10}{15}=\frac{BC}{12}\\\\BC=\frac{10}{15}\cdot12\\\\BC=8[/tex]

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pls help me this is dur in 10 minutes.​

Answers

Answer:

answer for the question is 1.point R means that the unit rate is $14.00 per pound

A random sample of 48 was taken from a shipment of 10,080 light bulbs from Light Bulbs Express. Out of the 48 light bulbs, 5 were red. How many red bulbs would you expect in the entire shipment?


______________red bulbs (Round answer to the nearest whole number).




A random sample of 62 was taken from another shipment of 15,500 from Light Bulbs R Us. There were 6 red bulbs in the sample. How many red bulbs would you expect in the entire shipment?


_____________red bulbs (Round answer to the nearest whole number)




Which company has the highest ratio of red bulbs in their shipment?


Company ______ (Type either A or B)


Company A = Light Bulbs Express


Company B = Light Bulbs R Us

Answers

Answer:

1. Expected(Red) in Shipment A = 1,050

2. Expected(Red) in Shipment B = 1,500

3. Company A has highest ratio of red bulbs

Step-by-step explanation:

Given

Shipment A (Light Bulb Express):

Total Light Bulb = 10,080

Sample Size = 48

Red Bulbs = 5

To calculate the expected number of Red bulbs;

We start by calculating the probability of Red;

P(Red) = Number of Red / Sample Size

P(Red) = 5/48

Expected Number of Red Bulbs is calculated as follows;

Expected(Red) = P(Red) * Total Light Bulb

Expected(Red) = 5/48 * 10,080

Expected(Red) = 50400/48

Expected(Red) = 1,050

Hence, the expected number of red light bulbs in the entire shipment is 1,050

Given

Shipment B (Light Bulb R Us):

Total Light Bulb = 15,500

Sample Size = 62

Red Bulbs = 6

To calculate the expected number of Red bulbs;

We start by calculating the probability of Red;

P(Red) = Number of Red / Sample Size

P(Red) = 6/62

Expected Number of Red Bulbs is calculated as follows;

Expected(Red) = P(Red) * Total Light Bulb

Expected(Red) = 6/62 * 15,500

Expected(Red) = 93000/62

Expected(Red) = 1,500

Hence, the expected number of red light bulbs in the entire shipment is 1,050

The company with highest probability has the highest ratio;

For Company A (Light Bulb Express)

Probability = 5/48

Probability = 0.1042

For Company B (Light Bulb R Us)

Probability = 6/62

Probability = 0.0968

Since 0.1042 is greater than 0.0968, we can conclude that Company A has the highest ratio of red bulbs;

Simplify √ 20 x 8 y 9 to the form a √ b .

Answers

Answer:

Juanita dissolves 46 g of MgBr2 (molar mass: 184.11 g/mol) in 0.5 kg of distilled water. What is the molality of the solution?

the diameter of a circle is 9m. Find the circumference to the nearest tenth (urgent)

Answers

Answer:

Step-by-step explanation:

The answer is 28.27433, or 28.3!

Find the measurement of the inscribed angle CDB indicated below

Answers

Answer:

∠ CDB = 45°

Step-by-step explanation:

The measure of an inscribed angle is half the measure of its intercepted arc.

∠ CDB = 0.5 × BC = 0.5 × 90° = 45°

Kara did a survey to determine to study the types of pets that students in her school had. She surveyed 300 students and found that 40% of them had cats, 12% had both cats and dogs, and 45%
didn't have either. How many of the students that Kara surveyed had dogs?
1) 61
2) 71
3) 81
4) 91​

Answers

Answer:

(C)81

Step-by-step explanation:

Total Number of Students =300

Percentage who had cats, n(C) = 40%

Percentage who had both cats and dogs , [tex]n(C \cap D)[/tex] = 12%

Percentage who had neither cats nor dogs, [tex]n(C \cup D)'[/tex] =45%

Now:

Universal Set, [tex]U = n(C)+n(D)-n(C \cap D)+n(C \cup D)'[/tex]

[tex]100 = 40 + n(D)-12+45\\n(D)=100-73\\$Percentage of those who own dogs =27\%[/tex]

Therefore:

Number of Students who had dogs

=27% of 300

=81

Add.
3x2 - 5x+1
2x2 +9X-6
+
A. 5x2 + 4x + 7
B. 5x2 - 4x + 5
C. 5x2 + 4x-5
D. 5x2 + 14x-5

Answers

Answer:

C

Step-by-step explanation:

3x2 - 5x+1 + 2x2 +9x-6

Combine like terms

5x2+4x-5 which is C

You are welcome and don't for get to click THANKS

The answer is c no cap

What is the volume of the solid figure? Enter your answer in the box. A long rectangular prism on top of another shorter rectangular prism. The top prism measures 10 feet by 4 feet by 3 feet. The bottom prism measures 2 feet by 4 feet by 4 feet.

Answers

Answer:

im a say like 104

Step-by-step explanation:

tbh i just geuused imsorry

Select the correct answer from each drop-down menu. The United States can produce 200 pillows in one week, while Spain and France produce 150 and 100 pillows, respectively, in one week. On the other hand, Spain can produce 10 televisions in one week, while the United States and France produce only 5 and 4 televisions, respectively. has an absolute advantage in producing pillows, and has an absolute advantage in producing televisions.

Answers

Answer:

The correct answers is:

The United States has an absolute advantage in producing pillows, and Spain has an absolute advantage in producing televisions

Step-by-step explanation:

Absolute advantage is a term of economics which can be defined as an ability of a person, company or country to produce a greater quantity of goods as compared to his competetors.

We can surely understand that in the pillows market, the United States has an absolute advantage as it is producing about 50 pillows more than Spain and 100 pillows more than France in one week.

Similarly, in the televisions market, Spain has the absolute advantage because Spain is producing 5 more televisions than United States and 6 more televisions than France in one week

HELP ASAP!!!! There is a clip below.

Answers

Answer:

7/4 x 3/2 x 1/2 = 1 5/16 or 21/16

Step-by-step explanation:

Find the length of the segment QS.(Enter the just the value, without any units.)

Answers

Answer:

QS = 15

Step-by-step explanation:

Thales

QS/QT = RS/PT

QS = QT·RS/PT

= 20×12/16

= 240/16

= 15

The answer is QS=15 I took a test with it

11. Britney wants to bake at most 0 loaves of bread for a bake sale.
She wants to make banana bread that sells for $1.25 each and
nut bread that sells for $1.50 each and make at least $24 in sales.
Write a system of inequalities for the given situation and
the inequalities.

Answers

Answer:

Look at the attachment

please help and answer this for me

Answers

Answer:

Subtract 58 from both sides

Step-by-step explanation:

A 10 ft long ladder has one end that leans against a wall and another that rests on the ground 6 feet from the wall. How high on the wall does the ladder rest?

Answers

Answer:

One end of the ladder rests at 8 feet on the wall.

Step-by-step explanation:

In the figure attached,

AC is a ladder 10 feet long leaning against the wall.

Distance of it's one end from the wall = 6 feet

Let the ladder rests on the wall at the height = h feet

By applying Pythagoras theorem in ΔABC,

(Hypotenuse)² = (Leg 1)² + (Leg 2)²

AC² = AB² + BC²

(10)² = h² + 6²

h² = 100 - 36

h = √64

h = 8 feet

Therefore, one end of the ladder rests at 8 feet on the wall.

Solve the system of linear equations by elimination.
-
- 3x + 4y = 18
6x+2y = -6

Answers

Answer: (-2,3)

Step-by-step explanation:

-3x + 4y = 18

6x + 2y= -6        we have to eliminate one of the variables so you will have ot

2(-3x + 4y) = 18(2)     multiply the first equation by 2.  

-6x + 8y = 36

6x +  2y = -6       now we could eliminate the x terms by adding them and

 0  +   10y= 30   remember that is a new equation.  

        y=  3

Now we know that the y solution is 3 so we will put it into one of the equations and solve for x.

-6x + 8(3)=36

-6x + 24= 36

         -24   -24

-6x =  12

x= -2

The solution for the system of given linear equations is (-2, 3).

What is a linear system of equations?

A system of linear equations consists of two or more equations made up of two or more variables such that all equations in the system are considered simultaneously. The solution to a system of linear equations in two variables is any ordered pair that satisfies each equation independently.

The given system of equations are -3x + 4y = 18 ----(I) and 6x+2y = -6 ----(II).

By elimination method,

Multiply equation (I) by 2, we get

-6x+8y=36 ----(III)

Add equation (II) and (III), that is

-6x+8y+6x+2y=36-6

10y=30

y=3

Substitute, y=3 in -3x + 4y = 18, we get

-3x+4(3)=18

-3x=6

x=-2

Therefore, the solution for the system of given linear equations is (-2, 3).

To learn more about the linear system of an equations visit:

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help me please i need this done ASAP

Answers

Answer:

20 miles

Step-by-step explanation:

1 : just use the line to trace how long it would be

What is the median of this data set: 17, 13, 18, 20, 17, 15, 12

A. 19

B. 17

Answers

Answer:

A. 19

Step-by-step explanation:

The median is the middle-point

The middle-point is also the number that is halfway into the set. To find the middle-point, the data should be arranged in order from least to greatest. If there is an even number of items in the data set, then the middle-point is found by taking the mean (average) of the two middlemost numbers.

please mark me brainliest :)

hi! the answer is a. 19

I just want u guys to check it and see if it is right if it is say it is and if not please correct me and tell me the answer :)



Lesson 1 exit ticket Name

Please make a copy and then work on it, thank you!

1, Fill in the chart converting between fractions, decimals and percents.


Fraction Decimal Percent
⅛ 0.125 12.5%
1245/1000 1.245 124.5%
40/100 .4 ⅖ %

Show your work here.
8 times .125 = 1 that is 12.5%.

1.245 = 1245/1000 which is 124.5%.

⅖% is 40% which equals 0.4 or 40/100




2. Using the values from the chart in problem 1, list them from least to greatest.

12.5%

⅖%

124.5%



Answers

The first two values were calculated, but the 0.4 one is wrong.

2/5% would result to 0.4% which is converted to 0.004 so it's wrong.

40/100 would be reduced to 2/5.

2/5 would result to 0.4.

0.4 means 40%.

If the question intentionally gives 2/5%, then you have to compute it all the way back.

2/5% to 0.4% to 0.004 to 4/1000

I have no clue what part is given but you can get the idea where this is going.

The second one depends on the value in question one.

So Good luck!

The opposite of the original statement. These statements are also called the inverse of a conditional statement.

Answers

Answer:

Negation is the correct answer to the given question

Step-by-step explanation:

The main objective of Negation is to evaluated the inverse of a specified computational statement or the conditional statement. If the conditional statement is true then the negating statement is false or if the  conditional statement is false then the negating statement is True .The negation is represented by the symbol ~ .

For example :

F:      Number is 5.

~F:    Number is not 5.

Conditional statement         Negation(~)

True                                          False

False                                         True

All the other option are not determine the inverse of the conditional statement so these are incorrect option .

Which expression is equivalent to x^2-10x+24

Answers

Answer:

(x-4)(x-6)

Step-by-step explanation:

By factorization, x^2-10x+24 can be written in the form (x-4)(x-6). Thus the roots of the quadratic equation are x= 4 and 6 respectively.

help me please <3 thank youu

Answers

Answer:

7,2,3

D

Step-by-step explanation:

f is a one-to-one function, and (4,7) is on the graph of f. Write the coordinates of a
known point or the graph of f-1
Format

Answers

Answer:

(7, 4)

Step-by-step explanation:

One-to-one function means that for every value of y in the range there is associated only one value in x in the domain.

If the point (x, y) belongs to f(x), then point (y, x) belongs to f^-1(x) (its inverse). In this case, (4,7)  is on the graph of f(x), therefore (7, 4)  is on the graph of f^-1(x)

Please help me with 1 more question ill give good ratings please!

Answers

Answer:

(4, - 4 )

Step-by-step explanation:

Since the dilatation is centred at the origin, multiply the original coordinates by the scale factor, that is

(1, - 1 ) → (4(1), 4(- 1)) → (4, - 4 )

Jim rents an apartment in New York City for $1600 a month. Mike rents his apartment in Boston for 7/8 as much. How much more does it cost Jim than it does Michael for rent?

Answers

Answer:

Jim pays 200 more dollars per month than Mike.

Step-by-step explanation:

Jim--> $1600/month

Mike--> 7/8(Jim's rent)

7/8(Jim's rent)

7/8(1600)

= $1400

1600-1400= 200

Jim pays 200 more dollars per month than Mike.

I hope that makes sense!

Anita took off in her helicopter from 129 meters below sea level.She later landed at a location 539 meter above

Answers

Answer:

668

Step-by-step explanation:

She starts at 129 below sea level so she has to travel 129 to get to sea level then she ends at 539 so she has to travel 539 to get to 539 above so we add both numbers to get the answer

Answer:

668

Explanation:

To solve this problem, add 539 and 129 meters together.

539 + 129 = 668

Therefore, 668 represents Anita's change in altitude.

Four cups of water are added to a 20 cup bowl of punch that is 75% juice. What percentage of the new punch is juice?

Answers

Answer:

15%

coz thats the ans

Answer:

The new punch is 62.5% juice.

Step-by-step explanation:

First we find how many cups of juice are in the punch. To do this we take 75% of 20, which is 15. We can confirm 15 is correct by doing 15 / 20 = 0.75, or 75%

Next we add four cups of water, bringing our total amount of cups to 24. We doing the last equation from above except with 24 cups instead of 20.

15 / 24 = 0.625, or 62.5%

Which sequence shows a pattern where each term is 1.5 times the previous term?
–4, 6, –9, 13.5, …
10, 15, 25, 40, …
98, 99.5, 101, 102.5 …
–200, –300, –450, –675, …

Answers

Answer:

-200, -300, -450, -675

The geometric sequence which shows a pattern in which each term is 1.5 times the previous term is A = -200 , -300 , -450 , -675 ...

What is Geometric Progression?

A geometric progression is a sequence in which each term is derived by multiplying or dividing the preceding term by a fixed number called the common ratio.

The nth term of a GP is aₙ = arⁿ⁻¹

The general form of a GP is a, ar, ar2, ar3 and so on

Sum of first n terms of a GP is Sₙ = a(rⁿ-1) / ( r - 1 )

Given data ,

Let the geometric progression be represented as A

Now , the value of A is

A = -200 , -300 , -450 , -675 ...

The common ratio of the GP = second term / first term

On simplifying , we get

r = -300 / -200

r = 3/2

r = 1.5

Therefore , each term is 1.5 times the previous term

Hence , the GP is solved

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Solve this equation: -7x + 12 – 2x = 23 + 13.0
Step 1: Simplify by combining like terms that are on the
same side of the equation. Which terms can be
combined?

Answers

Answer:

Step-by-step explanation:

We can combine the -7x and the -2x and the left side to get -9x and the 23 and 13 on the right side to get 36.

This gives us

-9x + 12 = 36

Subtacting 12 from both sides gives us

-9x = 24

dividing by -9 gives us

x = - 8/3

Answer:

see below

Step-by-step explanation:

-7x + 12 – 2x = 23 + 13.0

Combine like terms

(-7x-2x) +12 = (23+13)

-9x +12 = 36

Subtract 12 from each side

-9x +12 -12 = 36 -12

-9x = 24

Divide each side by -9

-9x/-9 = 24/-9

x = -8/3

if a book is 33 hour and 45 min long ,how many days would it take you to read it if you read 4 hours a day.

Answers

Answer:

it would take 8 days

Step-by-step explanation:

all all you have to do is divide 33.45 divided by 4

Answer:

4hrs =33hrs and 45/60

1 day= about 8 days and 1/2

Step-by-step explanation:

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