7. Reggie deposited $1,000 into an account that earns 5% compound interest monthly. If he does not deposit anymore into the account or take any money out of the account how much will the account be worth in 10 years?

Answers

Answer 1

Given :

Reggie deposited $1,000 into an account that earns 5% compound interest monthly.

To Find :

Worth of money after 10 years.

Solution :

We know, final amount is given by :

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

Here, P = initial balance

r = interest rate

n = number of times interest applied per time period

t = number of time period

Putting all given values in above equation, we get :

[tex]A=1000(1+\dfrac{0.05}{12})^{12\times 10}\\\\A =\$1647.01[/tex]

Therefore, money in his account after 10 years is $1647.01 .

Hence, this is the required solution.


Related Questions

PLS HELP ASAP IM TAKING A EXAM
4/15 as a decimal rounded to the nearest hundredth

Answers

4/15 as a decimal to the nearest hundredth is 0.26

Answer:

Step-by-step explanation:

I needed points ⬛️⬛️

Joanna spent 16 minutes working out on six different equipment at A gym calculate the time taken by Joanna to work out on each equipment

Answers

Answer:

2.67 minutes or 2 2/3 minutes

Step-by-step explanation:

To find the amount of time she spent on each you would divide the time by amount

16 / 6 = 2.6666...

Rounded = 2.7 minutes

Is it possible for a logarithm to equal a negative number and why?

Answers

The only numbers you can plug into a logarithm are positive numbers not equal to 1. Negative numbers, and the number 0, aren’t acceptable arguments to plug into a logarithm, but why?

The reason has more to do with the base of the logarithm than with the argument of the logarithm. To understand why, we have to understand that logarithms are actually exponents. The base of a logarithm is also the base of a power function.

When you have a power function with base 0, the result of that power function is always going to be 0. In other words, there’s no exponent you can put on 0 that won’t give you back a value of 0. Or, put a different way, 0 raised to anything is always still 0. In the same way, 1 raised to anything is always still 1.

If you raise a negative number to a positive number that’s not an integer, but instead a fraction or a decimal, you might end up with a negative number underneath a square root. And as you know, unless we’re getting into imaginary numbers, we can’t deal with a negative number underneath a square root.

So 0, 1, and every negative number presents a potential problem as the base of a power function. And if those numbers can’t reliably be the base of a power function, then they also can’t reliably be the base of a logarithm.

For that reason, we only allow positive numbers other than 1 as the base of the logarithm. Then what we know is that, if the base of our power function is positive, it doesn’t matter what exponent we put on that base (it could be a positive number, a negative number, of 0), that power function is going to come out as a positive number.

So in summary, because the base can only be a positive number, that means the argument of the logarithm can only be a positive number. Which means that in order to protect our bases, we have to only allow positive arguments inside the logarithm.

Hope this helps!

No ,it is  not possible for a logarithm to equal a negative number.

What is logarithm?

A logarithmic is the power to which a number must be raised in order to get some other number.

For example, the logarithm base b of a number n is the number x that when b is raised to [tex]x^{th}[/tex] power, the resulting value in n i.e.

[tex]log_{b}n = x[/tex]  ⇔ [tex]b^{x} =n[/tex]

No, it is possible for a logarithm to equal a negative number because  logarithm function [tex]log_{a}(b) = n[/tex] is the inverse of the exponent function [tex]a^{n} =b[/tex] where the base a>0. Since, the base a raised to any exponent n is positive, the number b must be positive.

The logarithm of a negative number b is undefined.  

Hence, it is not possible for a logarithm to equal a negative number.  

Learn more about logarithm here:  

https://brainly.com/question/3181916

#SPJ2

please help im stuck and i dont have time

Answers

Answer:

a.  [tex]3x^{2} \\\\[/tex]

b. [tex]5x+1[/tex]

Step-by-step explanation:

A backyard is 40.5 feet long and 25 feet wide. In order to install a pool, the yard needs to be reduced by a scale of One-third. What is the area of the reduced yard?

Answers

Answer:

112.5

Step-by-step explanation:

plz mark me brainlest if its correct lol

Answer:

112.5

Step-by-step explanation:

(Checked and correct)

Three angles are in the ratio 2 : 3 : 5 The smallest angle is 50 degrees Work out the sizes of the other two angles
Please be in-depth about it I’m so stupid

Answers

Answer:

Step-by-step explanation:

Let angles are 2x,3x,5x

So given 2x=50

X=25.

3x=3×25=75.

5x=5×25=125.

Can someone help me?

Answers

x will equal 30...set them equal to each other and solve from there

Bloomingdales pays $56 for a handbag. The markup is 25%. What is the markup? What is the selling price.

Answers

Answer:

the markup is 11.2 the original selling price was 44.8

Step-by-step explanation:

25 percent of 44.8 is 11.2 and 44.8 plus 11.2 is 56.

so 11.2 markup and 44.8 selling price

HEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP


What is the coefficient of the second term in this expression?
mn3+n+1+5k2

Answers

Answer:

0

Step-by-step explanation:

Answer:

Step-by-step explanation:

rip

M is the midpoint of CD. C is located at (-2,12) and D is located at (4,6). If g is a two digit number that has the x coordinate of M as it's tens digit and the y coordinate of M as its ones digit, what is the value of g?

Answers

Answer:

If we know that [tex]x = 1[/tex] and [tex]y = 9[/tex], the value of [tex]g[/tex] is 19.

Step-by-step explanation:

Let [tex]C(x,y) =(-2,12)[/tex] and [tex]D(x,y) =(4,6)[/tex], from Analytical Geometry and Linear Algebra we have that midpoint of CD is determined by:

[tex]M(x,y) = \frac{1}{2}\cdot C(x,y)+\frac{1}{2}\cdot D(x,y)[/tex] (Eq. 1)

[tex]M(x,y) = \frac{1}{2}\cdot (-2,12)+\frac{1}{2}\cdot (4,6)[/tex]

[tex]M(x,y) = (-1,6)+(2,3)[/tex]

[tex]M(x,y) =(-1+2,6+3)[/tex]

[tex]M(x,y)= (1,9)[/tex]

If we know that [tex]x = 1[/tex] and [tex]y = 9[/tex], the value of [tex]g[/tex] is 19.

I need help on this

Answers

Answer:

1/12, 1/10

Step-by-step explanation:

P(Bead bracelet and red shoes) - 3/3 x 2 x 2

3/12=1/4 for bead bracelet

Red shoes - 1/3

Total probability for P(Bead bracelet and red shoes=1/4 x 1/3=1/12

P(Elastic bracelet and black shoes)

2/3 x 2 x 2

2/12=1/6 for elastic bracelet

Black shoes - 3/5

Total probablility for P(Elastic bracelet and black shoes)=1/6 x 3/5=3/10=1/10

Hope I helped!

1 (-2,2) Write the equation, in point-slope form, of the line that is perpendicular to the given line and passes through the point (-2, 2). * (4 Points)​

Answers

Answer:

y = -5x - 8

Step-by-step explanation:

Take the points (-5,-4) and (0,-3) plug them into this formula to get the slope.

[tex]\frac{y2 - y1 }{x2 - x1}[/tex]

Now plug in your points

[tex]\frac{-3 - (-4)}{0 - (-5)} \\\\\frac{1}{5}[/tex]

Since you're slope is 1/5 the slope of the perpendicular line is going to be the totally opposite -5 is the slope of the perpendicular line.

Now plug in -5 and the point (-2,2) into y = mx + b to get the y-intercept

2 = -5(-2) + b (b represents the y-intercept)

2 = 10 + b (subtract 10 from both sides)

-8 = b

The perpendicular line looks like this y = -5x - 8

Hope this helps ya! Keep smiling!

you are setting the combination on a four digit lock. you want to use the numbers 6241 but dont care what order they are in

Answers

12:46 because that can be a real time

4 Doug has been wondering where the 24 hours in a day goes. On Monday, he spent of the day sleeping, 3 of the day in school, and of the day at soccer practice. How much time was left for other activities?

Answers

Answer:

Time left for other activities = 7/24 hours

Step-by-step explanation:

The complete question is "Sam has been wondering where the 24 hours in a day goes. On Monday, he spent 1/3 of the day sleeping, 1/4 of the day in school, and 1/8 of the day at soccer practice. How much time was left for other activities?"

Spent 1/3 of the day sleeping,

Spent 1/4 of the day in school

Spent 1/8 of the day at soccer practice.

Time consumed for all these activities = (1/3+1/4+1/8)

Time consumed for all these activities = (8+6+3)/24

Time consumed for all these activities = 17/24

Time left for other activities = (1 - 17)/24

Time left for other activities = (24-17)/24

Time left for other activities = 7/24

5x+3−3x−5

I only asked this question if anyone needs to ask, so they don't have to.

Answers

Answer:

2x-2

Step-by-step explanation:

Sara earns a weekly salary of $400 plus commission of 6.5% on sales at the clothing store where she works. How much would she earn in one week if she sold $1200 worth of merchandise? Sara would earn $______ for that week.

Answers

Answer: Sara would earn  $478 for that week

Step-by-step explanation:

1. Sara's weekly salaries is $400, and she gets 6.5% on sales at her work.

2. In order to find how much she would get from the commission of $1200 worth of merchandise they sold, we need to find the 6.5% of 1200

Step 1: Our output value is 1200.

Step 2: We represent the unknown value with x.

Step 3: From step 1 above, 1200=100%.

Step 4: Similarly, x=6.5%.

Step 5: This results in a pair of simple equations:

1200=100%(1).

x=6.5%(2).

Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both  equations have the same unit (%); we have

[tex]\frac{1200}{x} = \frac{100}{6.5}[/tex]

Step 7: Again, the reciprocal of both sides gives

[tex]\frac{x}{1200} =\frac{6.5}{100}[/tex]

[tex]x=78[/tex]

Therefore, 6.5% of $1200 is $78

3. you would then need to add 400 + 78 and you get a total of $478

7x + 8 − 3x = −6 + 10

Answers

Answer:

x=-1

Step-by-step explanation:

7x + 8 − 3x = −6 + 10

4x+8=4

4x=4-8

4x=-4

x=-4/4

x=-1

Please mark Brainliest!!! Hope I helped!

Answer:x=-1

Step-by-step explanation:

A submarine dives below surface, heading downward in three moves. If each move downward was 25 1/2 feet, where is the submarine after it is finished diving?

Answers

Answer:

The submarine would be 76 1/2 feet underwater after it is finished diving

Step-by-step explanation:

Multiply 25 1/2 (the amount of feet traveled down each move) by 3 ( the amount of moves it goes downward) to get 76 1/2 feet.

A hotel has a budget of $16,000 to buy 84 new mattresses. Each mattress costs $209. The hotel manager says, "Since 80 × $200 = $16,000, I can stay within the budget." Part A Use the drop-down box to tell whether the manager's reasoning is logical. The hotel manager's reasoning Choose... logical. Part B Use the drop-down boxes to explain why the manager's reasoning is or is not logical. Since the manager rounded 84 to 80 and $209 to $200, she found an Choose... . So, the actual total cost is Choose... $16,000.

Answers

Answer:

One

Step-by-step explanation:

Una cesta de frutas tiene 888 plátanos, 333 naranjas, 555 manzanas y 666 kiwis.
For cada 333 kiwis hay 444 \_\_\_\_____\_, \_, \_, \_.
Escoge 1 respuesta:
Escoge 1 respuesta:

Answers

Answer:

plátanos

Step-by-step explanation:

si por cada 666 kiwis hay 888 plátanos, divides todo por 2, y te da 333 kiwis ⇒ 444 plátanos

1. What is the probability of an odd outcome?

2. What is the probability of an outcome less than 6?

Answers

Answer:

1. 50%

2.[tex]\frac{5}{6}[/tex]

Step-by-step explanation:

1. The way to approach the probability of rolling an odd number is to start with the total numbers. Therefore, each dice has three even sides and three odd sides. Mathematically - 50% chance of landing on the odd number.

2. You have 'P' which represents probability. "N" which is the given ratio of the number of outcome. (NP) total number of the possible outcome.

P = N / NP

Dice has 6 faces. I.E. 1,2,3,4,5,6

= 6

NP, therefore, is the total number of possible outcome.

Faces less than 6. (1,2,4, and 5)

N = 5

P = N / NP = [tex]\frac{5}{6}[/tex] ; it can't be reduced.

In
\Delta
Δ

ABC
ABC
,
\angle A
∠A
measures exactly
88
88
o, and
\angle B
∠B
measures greater than
51
51
o. Which of the following best describes the measure of
\angle C
∠C
?

Answers

Answer:

Step-by-step explanation:

I will NEVER fly delta again after the incident of 1992!!!! DISGUSTONG

4y-9+9. Please help!!!

Answers

Answer:

Step-by-step explanation:

4y-9+9= 4y since the 9's cancel each other out.

(2y - 3)(2y - 3) if it’s for algebra

Round 3.582307 to the nearest thousandth

Answers

Answer:

3.582

Step-by-step explanation:

Find the number in the thousandth place  2  and look one place to the right for the rounding digit  3 . Round up if this number is greater than or equal to  5  and round down if it is less than  5 .

3.582

Hope this helps!! Please consider marking brainliest!!

Jedi donated bottles of alcohol.If 201 of boxes are filled with 42 bottles of alcohol how many bottles of alcohol were donated?​

Answers

Answer:

8,442 bottles of alchohol were donated.

Step-by-step explanation:

201×42= 8,442

No. of boxes - 201
No. of bottles - 42
201*42=8442 bottles are there.

4 x _ = 10
also help me with this plz answer it don't say look it up or use hint

Answers

Answer:

2.5

Step-by-step explanation:

4 x _ = 10

_ = 10/4

_ = 2.5

If you would like to venture further, you can check out my Instagram page (learntionary) where I post notes and mathematics tips. Thanks!

Linda made $180 for 12 hours of work.
At the same rate, how many hours would she have to work to make $135?

Answers

Answer:

I believe its 9 hours.

Step-by-step explanation:

Divide 180 by 12 to get 15

So Linda makes 15 dollars an hour

Then divide 135 by 15 to get 9

Linda would need to work 9 hours to get $135

Answer:$255

Step-by-step explanation:

The booster club will sell raffle tickets to raise money for new band uniforms. The total cost of the uniforms is $16,272. Each ticket will raise $12. What is the minimum number of tickets that the booster club needs to sell to buy the new band uniforms?

Answers

Answer: 1,356 tickets

12x=16,272

divide by 12 on both sides

12x÷12=16,272÷12

x=16,272÷12

x=1,356

I hope this is good enough:

Plz help! (picture below) Will mark brainliest or correct one!

Answers

You mean like graph? Yeah.

Write in Function form

[tex]\frac{y-3}{x-6}=2\\y-3=2(x-6)\\y=2(x-6)+3\\y=2x-12+3\\y=2x-9[/tex]

So (y-3/x-6)=2 does represent "line"

[tex]\frac{y-6}{x-4}=5[/tex]

multiply x-4 all side.

[tex]y-6=5(x-4)[/tex]

Notice how the equation is similar to "Tangent" so it's clearly a line.

About reasoning, No idea how to explain but this might help...

Whenever you get rid of the fraction part, it'll leave only y-f(a)=f'(a)(x-a) which is a Tangent Line (It explains it.)

And when you simplify in Function Form, you'll get an exact linear function  "[tex]y=mx+b[/tex]"

NEED HELP ASAP!!!


Choose an equation for the line that is parallel to the given line and passes through the given point for questions 1 and 2.
1. y = 5x + 10; (2, 14) (1 point)
A.) y=-x+4
B.) y=-x-4
5
C.) y=5x - 68
D.) y=5x + 4



Answers

Answer D

Step-by-step explanation:

Answer:

b

Step-by-step explanation:

Other Questions
Helpppp meeeeeee plssss Condensation reactions are also referred to as dehydration synthesis. Explain how dehydration synthesis is descriptive of the process. ANSWER RN FOR BRANLIEST WITH EXPLANATIONWhich is true of software bugs?Bugs can only be identified when error messages appear.The number of bugs are reduced by careful attention to programming conventions.Bugs cannot cause long-term harm.Most software initially contains no bugs. How does this article (Segregated From Its History, How 'Ghetto' Lost Its Meaning) connect to A Raisin in the Sun? Use CEA to answer the question with a paragraph number and quote from the article and paraphrased evidence from the novel. we (get) up at 4:30 yesterday morning 2. What was in Jenners smallpox vaccine?A. smallpox pathogensB. antitoxinsC. cowpox pathogensD. antibiotics3. Why did milkmaids who had developed cowpox not get sick with smallpox?4. Why did the boy whom Jenner exposed to smallpox not get the disease?5. Based on the history above, what would have happened to the boy if he were exposed to smallpox five years later? Why?L lol Cross-training shoes are best for use in group exercise classes tennis matches soccer games marathons In each case, state whether the forces are balanced or unbalanced. If unbalanced, calculate the net force and describe the direction of the resultant force. give two synonyms of pulcritidinous x 2y = 12x + 3y = -12 Clem is married and is a skilled carpenter. Clem's wife, Wanda, works part time as a substitute grade school teacher. Determine the amount of Clem's expenses that are deductible for AGI this year (if any) under the following independent circumstances: a. Clem is self-employed and this year he incurred $1,005 for tools and supplies related to his job. Since neither were covered by a qualified health plan, Wanda paid health insurance premiums of $4,570 to provide coverage for herself and Clem (not through an exchange).b. Clem and Wanda own a garage downtown that they rent to a local business for storage. This year they incurred $1,750 in utilities and depreciation of $1,225.c. Clem paid self-employment tax of $15,200 (the employer portion is $7,600), and Wanda had $5,700 of Social Security taxes withheld from her pay.d. Clem paid $131 to rent a safe deposit box to store his coin collection. Clem has collected coins intermittently since he was a boy, and he expects to sell his collection when he retires. What fraction is larger 3/8 or 10/24? 16. All of the following describe conditions of urban neighborhoods during the Industrial Revolution except for A. They were often filled with severely overcrowded tenements B. Inadequate municipal services created an atmosphere of sewage and pollution.C. Diseases such as smallpox, dysentery, cholera and tuberculosis spread.D. Most factory workers lived in fully furnished apartment buildings mahal kita gusto kitang pakasalan I WILL MARK BRAINLIEST Which of the following were advantages of the American colonists during the Revolutionary War?the efforts of the loyaliststhe support of the Spanish ArmyGeneral George Washington's effective military leadershipO the efforts of the Tories I'm having a pretty hard time with this question.Pls help. Can somebody help me? Thanks. whos your bias in Stray Kids? Ryan has $40 and then spends $40 dollars.A Yes, the situation represents additive inverses. B No, the situation does not represent additive inverses.