Alexander invested $320 in an account paying an interest rate of 1.5% compounded annually. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 18 years?

Answers

Answer 1

Answer:

$406.40

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 1.5%/100 = 0.015 per year.

Solving our equation:

A = 320(1 + (0.015 × 18)) = 406.4

A = $406.40


Related Questions

Hunter invested $750 in an account paying an interest rate of 6\tfrac{5}{8}6 8 5 ​ % compounded continuously. London invested $750 in an account paying an interest rate of 6\tfrac{1}{2}6 2 1 ​ % compounded daily. After 18 years, how much more money would Hunter have in his account than London, to the nearest dollar?

Answers

Answer: $ 55

Step-by-step explanation:

When interest is compounded continuously, the final amount will be

[tex]A=Pe^{rt}[/tex]

When interest is compounded daily, the final amount will be

[tex]A=P(1+\dfrac{r}{365})^{365t}[/tex]

, where P= Principal , r = rate of interest , t = time

For Hunter , P= $750, r = [tex]6\dfrac{5}{8}\%=\dfrac{53}{8}\%=\dfrac{53}{800}=0.06625[/tex]

t = 18 years

[tex]A=750e^{0.06625(18)}=\$2471.48[/tex]

For London , P= $750, r = [tex]6\dfrac{1}{2}\%=\dfrac{13}{2}\%=\neq \dfrac{13}{200}=0.065[/tex]

t = 18 years

[tex]A=750(1+\dfrac{0.065}{365})^{18(365)}=\$2416.24[/tex]

Difference = $ 2471.48 - $ 2416.24 =$ 55.24≈$ 55

Hence, Hunter would have $ 55 more than London in his account .

It is given by the formula ph=-log[h+] find the ph of each substance. A)baking soda:[H+]=10^-8 per liter

Answers

Answer:

pH = 8

Step-by-step explanation:

Formular is given as;

pH = -log[H+]

A)baking soda:

[H+] = 10^-8

Upon inserting it into the formular;

pH = -log (10^-8)

pH = - ( -8)

pH = 8

Explain how to do this

Answers

Answer:

90°

Step-by-step explanation:

Since, all sides of the given quadrilateral are equal. Therefore it is rhombus.

Diagonals of a rhombus bisects at right angles.

So, x = 90°

Use the order of operations to evaluate the expression below.
5+7 • 2-90 + 3+ 8 - 1

Answers

Answer: 5+7=12

2- 90 + 8 -1 = -81

Step-by-step explanation:

Morgan is trying to complete the square. What number should she put in the blank?

A) -9
B) 18
C) 81
D) -81

Answers

Answer:

C. 81

Step-by-step explanation:

x^2-18x+81

(x-9)(x-9)


12
13
13
14
10.954
Find volume

Answers

Answer:

311005.968^2

im pretty sure that is it

What is the answer please I need emergency help I will mark you as brainlist ✨

Answers

Answer:

A. 3.7, because |3.7| = 3.7

Step-by-step explanation:

What the question is referring her by magnitude is units away from 0. 3.7 is 3.7 units away from 0, which is the same thing as the absolute value of 3.7. And since absolute value is always positive, C is already out. D is also out as the value doesn't change. B's reason contradicts the answer, so it is also wrong. This leaves A (3.7, because |3.7| = 3.7) as our answer.

A train traveled 1360 miles in 16 hours. What was the average speed of the train in miles per hour?

Answers

Answer:

85 miles per hour

Step-by-step explanation:

What is the equation of the following are you sure to scroll down first to see all answer options

Answers

Answer:

Y=-3x+0 or Y=-3x

Step-by-step explanation:

Y=mx+b

m=slope

b=y-intercept (where the line crosses the y axis)

The line crosses the Y axis at (0,0), so:

Y=mx+0 or

Y=mx

Slope:

Rise/run= Change in y/Change is x= 9/-3=-3

So:

Y=-3x+0 or

Y=-3x

Answer: 3x + y = 0

Step-by-step explanation: Remember that slope is represented by

rise over run from one point to the next on our graph.

To get from the point (0, 0) to (3, -9), we go down -9 units

so our rise is -9 and we run 3 units so our run is 3.

Our slope therefore or m = -9/3 or -3.

Our y-intercept is represented by the point where this line

crosses the y-axis which in this case is up 0 units.

So our y-intercept or b = 0.

Since we have the slope and y-intercept of our line,

we can now write its equation in y = mx + b form.

Since m = -3 and b = 0, that gives us y =-3x + 0.

Now we convert this equation to standard form.

Just add 3x to both sides to get 3x + y = 0.

So the equation of this lie is 3x + y = 0.


You earn $60 for mowing 5 lawns. How much do you earn for mowing 15 lawns ?
for 15 lawns

Answers

Answer:

It is $180

Step-by-step explanation:

Hope this helped have an amazing day/month/year!

another question ...

Answers

Answer:

x is adding 2 and y is subtracting 4    

+2/-4

Step-by-step explanation:

i looked at the graph.

2x=-4y

Every X value goes up 2 while every Y value declines 4.

Lara makes birdseed by mixing peanuts and sunflower seeds in a 2:3 ratio. The peanuts costs 3p per 10g and the sunflower seeds cost 9p per 10g. Lara sells the birdseed £1 per 100g portion.
How much profit does Lara make on each portion? Give your answer in pence.
Step by step explanation plssss tqsm. ​

Answers

Answer:

Lara will do a profit of 34 pence by 100 grams of birdseed.

Step-by-step explanation:

The given ratio means that there are 2 grams of peanuts and 3 grams of sunflower per each 5 grams of birdseed. Now, we obtain the amount required of peanuts and sunflower for 100 grams of birdseed by simple rule of three:

Peanuts

[tex]x = \frac{100\,g}{5\,g}\times 2\,g[/tex]

[tex]x = 40\,g[/tex]

Sunflower

[tex]y = \frac{100\,g}{5\,g}\times 3\,g[/tex]

[tex]y = 60\,g[/tex]

If we know that 10 grams of sunflower cost 9 pence and 10 grams of sunflower cost 3 pence, then the total cost of production of 100 grams portion:

[tex]C = \left(\frac{0.03\,GBP}{10\,g} \right)\cdot (40\,g)+\left(\frac{0.09\,GBP}{10\,g} \right)\cdot (60\,g)[/tex]

[tex]C = 0.66\,GBP[/tex]

And the profit done by Lara is:

[tex]\Delta C = 1\,GBP - 0.66\,GBP[/tex]

[tex]\Delta C = 0.34\,GBP[/tex]

Lara will do a profit of 34 pence by 100 grams of birdseed.

What are 4 activities you would like to do when it’s warm/hot outside?
What are 3 activities you like to do when it’s cold outside?
Which would you rather have, 7 months of cold or hot weather?

Answers

Answer:

1. swimming, playing soccer, walking, running

2. skiing, walking, ?

3. hot weather

Aiden shaded numbers in the addition table. Which statement tells what the
shaded numbers show?
+
0
1
2
3
4
5
0
0
1
2
3
4
5
1
1
2
3
4
5
6
2
2
4
5
6
7
3
3
U A w
5
6
7
8
4
4
6
7
8
9
5
5
6
7
8
9 10
15)
The sum of an odd number and an
even number is an odd number.
The sum of an odd number and an
even number is an even number.
The sum of two even numbers is an
even number.
The sum of two odd numbers is an
even number.

Answers

It is the sum of 2 odd numbers equal an even number for that chart

The statement that tells what the shaded numbers show is (d) The sum of two odd numbers is an even number.

How to interpret the shaded numbers?

From the figure, we can see that the shaded numbers are even numbers.

While the row and column number of the shaded numbers are odd numbers

This means that two odd numbers add up to an even number

Hence, the statement that tells what the shaded numbers show is (d)

Read more about numbers at:

https://brainly.com/question/251701

#SPJ2

In the trapezoid below, x = [ ? ].
2x+6
I
5x=20
4r+2

Answers

Answer:

x = 12

Step-by-step explanation:

To get the value of x, we use the mid-segment theorem of trapezoid

The theorem is that the mid-segment is half the sum of the other two segments

We have this as

;

5x - 20 = 1/2(2x + 6 + 4x + 2)

2(5x-20) = 6x + 8

5x -20 = 3x + 4

5x -3x = 4 + 20

2x = 24

x = 24/2

x = 12

Help!!!! Please and thanks

Answers

Answer: 9x=-7

Explanation:

6x+3x=9x

2y+-2y=0

-2+-5=-7

help i will brain list

Answers

B
Because that is the only one that can be correct

1) Find the fourth angle.
X
93°
89°



please helppp

Answers

What’s something goes up but never comes down?

HELP PLEASE
In ΔPQR, = 36 cm, = 21 cm and =17 cm. Find the measure of ∠Q Round to the nearest tenth

Answers

Answer:

Step-by-step explanation:

Help please lol anyoneeee

Answers

I think it is 3/4 correct me if I’m wrong

Hosea borrowed $20,000 to buy a new speed boat. The interest rate on his loan is 5%. If he plans to pay the loan back in three years, how much interest will he pay? What will be the total cost that he will owe including interest?

Answers

Answer:

a. Interest amount is $3,000.

b. Total cost is $23,000.

Step-by-step explanation:

a. How much interest will he pay

This can be calculated as follows:

Interest amount = Principal loan Amount * Interest rate * Number of years ........ (1)

Where;

Principal loan Amount = $20,000

Interest rate = 5%

Number of years = 3

Substituting the values into equation (1), we have:

Interest amount = $20,000 * 5% * 3 = $3,000

b. What will be the total cost that he will owe including interest?

Total cost = Principal loan Amount + Interest amount = $20,000 + $3,000 = $23,000

Complete the conversion
4.5 T = ____ Ib

Answers

Answer:

9920.8

Step-by-step explanation:

I DID MY MATH! YAY!

Answer:

9,000 lbs

Step-by-step explanation:

a bottle contains 3/4 gallon of fruit punch. If 6 people share the fruit punch equally, how much fruit punch does each get

Answers

Answer:

1/8 gallon of fruit punch

Step-by-step explanation:

there is 3/4 of a gallon divided equally among 6 people,

divide 3/4 by 6

3/24 = 1/8

A department store buys 200 shirts at a cost of ​$1,600 and sells them at a selling price of ​$10 each. Find the percent markup.

Answers

Answer:

160%

Step-by-step explanation:

3 + 15 ÷ 3 × 5 – 2
please answer this im to lazy

Answers

Answer: 26

Step by step explanation:

3+15 divide 3*5-2 - Calculate 15 divide 3*5

3+25-2 - Calculate the sum or difference

26

-3x + 4 > 25 explain the steps needed to solve the inequality.

Answers

Answer:

x < - 7

Step-by-step explanation:

Given

- 3x + 4 > 25 ( subtract 4 from both sides )

- 3x > 21

Divide both sides by - 3, reversing the symbol as a result of dividing by a negative quantity.

x < - 7

Which is the smallest?
a. -30
b. 3
c. 0
d -1

Answers

Answer:

-30..................

solve the linear equation 1/5(10x-20)=x-3​

Answers

Answer:

x=1

Step-by-step explanation:

1/5(10x-20)=x-3

2x-4=x-3

2x-x=4-3

x=1

Answer:

The value of x is 1 after solving the linear equation.

Step-by-step explanation:

Given equation is:

[tex]\frac{1}{5}(10x-20)=x-3[/tex]

We will solve the equation by simplifying first.

[tex]\frac{1}{5}*10x-\frac{1}{5}*{20}=x-3\\2x-4=x-3[/tex]

Now, we will subtract x from both sides of the equation,

2x-x-4 = x-x-3

x-4 = -3

Next, we will add 4 on the both sides of the equation,

x-4+4 = -3+4

x = 1

Hence,

The value of x is 1 after solving the linear equation.

A mechanic charges $43 per hour for labor and $217 for parts. The total bill is $432. How
many hours did the mechanic work?

Answers

Answer:

5 hours

Step-by-step explanation:

217+43+43+43+43+43=432

A Belle made 18 out of 20 free
throws. What percent did she make?
PLEASE HELP

Answers

18/20 = 90/100 = 90%

90%
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