APR of 0.995%. How much money would a $1000 investment be worth at the end of 5 years

Answers

Answer 1

Answer:

The amount in 5 years will be $1,050.75

Step-by-step explanation:

Here, we want to calculate the worth of the given amount of money in the next 5 years

We use the compound interest formula here;

A = P(1 + r/n)^nt

A is the amount after the given number of years

P is the amount invested which is $1,000

r is the rate which is 0.995% which is 0.995/100 = 0.00995

n is the number of times per year interest is compounded and that is 1

t is the number of years which is 5

substituting these values, we have

A = 1000( 1 + 0.00995/1)^5

A = 1000(1.00995)^5

A = $1,050.75


Related Questions

Your parents purchased a used car for your 17th birthday, for $12,000. The car
depreciates in value by 14% each year. How much will your car be worth in 6 years?

Answers

Answer:

1,920 because when you figure out the percent of 1200 then you multiply it by 6 then subtract by 12000

HELP PLEASE

What is the volume of the prism? _____ in.3.

Answers

Answer:

V= 18 in^3

Step-by-step explanation:

Volume = length x width x height

V = 2 x 2 and 1/4 x 4

V = 8 x 2 and 1/4

V = 32/4 x 9/4

V = 18 in^3

Answer:

18in^3

Step-by-step explanation:

2in x2 1/4 in x4 in=

2x9/4x4=18in^3

PLZ HURRY WHAT IS 1+1

Answers

Answer:

2

Step-by-step explanation:

Answer:

2 is your answer!

Hope it helps!!!

A rectangle has perimeter 20 m . Express the area of the rectangle as a function of the length of ones its side.

Answers

Answer:

A = 10W - W²

Step-by-step explanation:

Perimeter of a rectangle = 2(L+W)

Area of a rectangle =LW

L is the length

W is the width

Given

Perimeter = 20m

20 = 2 (L+W)

10 = L+W

L = 10 - W ....2

Substitute equation 2 into the formula for calculating the area

Recall that A = LW

A = (10-W)W

A = 10W - W²

Hence the area of the rectangle as a function of the length of ones its side is expressed as A = 10W - W²

.
(07.06 MC)
Rocky needs at least $32 to buy an amplifying speaker. He already has $17. Which graph best represents all the possible dollar amounts that Rocky can save to buy an amplifying speaker? (5 points)

Number line graph with open circles on 0 and 15 and shading in between.
Number line graph with closed circles on 0 and 15 and shading in between.
Number line graph with closed circle on 15 and shading to the right.
Number line graph with open circle on 15 and shading to the right.

Answers

Number line with closed circle on 15 and shading to the right. That's because 32 - 17 = 15 and since you need at least 15 more dollars the circle would be closed and shading to the right since it's at least meaning 15 or more.

The answer is c i took the test a long time ago

Answer:

C. Number line graph with closed circle on 15 and shading to the right.

Step-by-step explanation:

i took the test

The diameter of a circle is 14 ft. Find its area to the nearest tenth.

Answers

Answer:

The answer is 153.9

Step-by-step explanation:

To get the answer we will first divide 14 by 2 because we are trying to find the area.  14 ÷ 2 = 7.  Now multiply 7 x 7 x π, which equals 154.9 rounded to the nearest tenth.

Answer:

153.9 ft.²

Step-by-step explanation:

[tex]A=\pi r^2[/tex] where r is the radius of the circle

The radius is equal to half the diameter, so to find r, divide 14 ft. by 2:

14÷2=7

Plug 7 into the equation as r

[tex]A=\pi (7)^2\\A=\pi (49)\\A=153.9[/tex]

Therefore, the area of the circle is 153.9 ft.² when rounded to the nearest tenth.

I hope this helps!

There are four blood types, and not all are equally likely
to be in blood banks. In a certain blood bank, 49% of
donations are type O blood, 27% of donations are type
A blood, 20% of donations are type B blood, and 4%
of donations are type AB blood. A blood bank wants to
know how many donations will be required, on
average, to achieve at least one of each of the blood
types.
is it appropriate to use the geometric distribution to calculate probabilities in the situation?

Answers

Answer:

D

Step-by-step explanation:

ed

Find the Circumference
(I need to know how to show the work too)

Answers

try 3 because 3 times 3 is. 9

Select the statement that describes the following expression 6 x (2 + 7) − 9. (4 points)

Group of answer choices

6 times the sum of 2 and 7, then subtract 9

6 times the product of 2 and 7, then add 9

6 times the difference of 2 and 7, then subtract 9

6 times the sum of 2 and 7, then add 9

Answers

Answer:

Add all of them together

Step-by-step explanation:

You have to add the numbers and that gives you the sum

PLS HELP ME!!!! I WILL GIVE BRAINLIEST!!!!

How cold you find the combined area of all faces of a three dimensional shape? Give an example of why that would be a good measurement to know.

Answers

Answer:

Step-by-step explanation:

Width, Length, and Height being combine it by multiplying.

For a regular prism (where all the sides are the same) calculate the area of one of the sides and multiply by the total number of sides. For irregular prisms (with different sides) calculate the area of each side. Add your two answers together (ends × sides) to find the total surface area of the prism.

(PLS HELP ) Find the product of

(−3y+1)(4y2−y−7).

Answers

Answer: -12y²+7y²+20y-7

Step-by-step explanation:

Here, we need to use the concept of the FOIL method

First Outer Inner Last

----------------------------------------------------------

Given

 (-3y+1)(4y²-y-7)

Expand Parenthesis using FOIL

-12y³+3y²+21y+4y²-y-7

Put like terms together

-12y³+(3y²+4y²)+(21y-y)-7

Combine like terms together

-12y²+7y²+20y-7

Hope this helps!! :)

Please let me know if you have any questions

If you created a stack of 15 pennies taped together, do you think the probability of getting a heads on a toss of the stack would be different than for a stack of 10 pennies?

Answers

No it wouldnt becuase if theyre taped together they both will still have a 50 percent chance of landing on heads

Step-by-step explanation:

12. Find the height of the cone shown below if the volume is 3.6 cubic inches. Round your answer to the nearest tenth.

Answers

Answer:

h = 1.34 inches

Step-by-step explanation:

Given that,

The volume of cone, V = 3.6 cubic inches

Let the radius of cone is, r = 1.6 inches

We need to find the height of the cone. The formula for the volume of a cone is given by :

[tex]V=\dfrac{1}{3}\pi r^2 h\\\\h=\dfrac{3V}{\pi r^2}\\\\h=\dfrac{3\times 3.6}{\pi \times 1.6^2}[/tex]

h = 1.34 inches

So, the height of the cone is equal to 1.34 inches.

Find the volume of the cylinder . Round to the nearest tenth. r = 5 cm 5 cm V=[?]cm^ 3

Answers

Answer:

V = 392.70 cm³

Step-by-step explanation:

Volume of a cylinder = πr²h

V = 22/7 * 5² * 5

V = 392.70 cm³

Answer: Acellus uses 3.14 for pi, so 5^2*5*3.14 is 392.5

Step-by-step explanation: 392.5

help pls i need to knowewwwww

Answers

diameter: 24
radius: 12

Answer:

radius is 6

diameter is 12

Step-by-step explanation:

to find radius you divide the diameter by 2

It costs $10.99 per month for an online video streaming service. Jackie watched 28 videos in one month. What was the price per video? Round to the nearest hundredth. ​

Answers

Answer:

$0.39 per video

10.99÷28= 0.39

0.39×28=10.99

!!HELP + BRAINIEST!!
find 0. round to the nearest degree. 15 4

Answers

Answer:

68.2

Step-by-step explanation:

You can use a^2+b^2=c^2 to find the length of the missing side, where c^2 is the hypotenuse (side 14).

5^2+x^2=14^2

25+x^2=196

x^2=196-25=171

x=13.0 (rounded)

Next, use one of sin or tan to find the missing angle.

Sin0=opposite/hypotenuse

Sin0=13/14

0=sin^-1(13/14)

0=68.213 (rounded)

The value of the angle asked is 69°.

Given is a right triangle, with base = 5 units and the hypotenuse is 14 units,

We need to find the angle θ which is between the base and the hypotenuse,

To find the angle θ between the base and the hypotenuse of a right triangle, we can use the trigonometric function cosine (cos).

The cosine of an angle is defined as the ratio of the length of the adjacent side to the length of the hypotenuse.

In this case, the base of the triangle is the adjacent side, and the hypotenuse is given as 14 units.

Therefore, we can use the following formula:

cos(θ) = adjacent/hypotenuse

Plugging in the values we know:

cos(θ) = 5/14

To find the angle θ, we need to take the inverse cosine (arccos) of both sides:

θ = arccos(5/14)

θ = 69°

Hence the value of the angle asked is 69°.

Learn more about trigonometric function click;

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please help solve this

Answers

F(x)= (x+13)(x-2) in expanded form, it would be x^2+11x-26

Please help! Factor the following polynomial:

Answers

Answer:

C is correct

Step-by-step explanation:

100g^2 : 10g  x 10g = 100g^2

-9: 3 x -3 = -9

Multiply

(10g + 3)  (10g - 3)

100g^2 - 30g + 30g - 9

   100g^2 +   0 - 9

a pizzeria charges eight dollars for a large cheese pizza, plus 2 dollars for each topping. the total cost for a large pizza is given by the equation c equals 2t+8, where t is the number of toppings. what is the slope? what does the slope represent? what is the y-intercept? what does the y-intercept represent? list all 6 ordered for 0-5 toppings.

Answers

Step-by-step explanation:

the slope is 2 (the cost for each topping)

the y-int is 8,, it represents the initial $8 for the pizza

and i dnt understand wht the last sentence is asking for

The students in Elizabeth's grade voted to select a guest speaker. 27 students voted for a
famous athlete. If there are 45 students in Elizabeth's grade, what percentage of the students
voted for the athlete?
Write your answer using a percent sign (%).

Answers

Answer:

60%

Step-by-step explanation:

I made it a fraction. multiplied by 2.22222 (45×2.22222=100) and in the numerator I got 60

Ten times the square of a non zero number is equal to fifty times the number.

What is the number?

Answers

Answer:

5

Step-by-step explanation:

10x^2=50x

10x=50

x=5

x=5 hsjsbseinsosnsiwnskdbisndisnsdjd

Enter your gross pay, taxes, and deductions
below. Press calculate when you're ready.

I need help please!!

Answers

Answer:

Gross pay: $1560

Tax: $294.37

Deductions: $0

It shows the grows pay at the top right, where it says "Gross Pay".It shows the tax taken near the bottom under the "tax" section.There are no deductions in this example, but it would be shown to the right of the "tax" section.

The amount of required net pay  is $1265.63.

What is net pay?

Too known as “net wages” or “net income,” net pay is the sum that remains after subtracting government wage assess, Medicare and Social Security charges, state and neighborhood wage charges, wellbeing and dental protections premiums, retirement commitments, commitments to adaptable investing accounts and other commitments from the individual’s net salary. The remaining cash, or net pay, are utilized by an representative to pay common living costs, counting lodging, nourishment and optional things.

Given that,

Gross pay = $1560

total taxes = $294.37

Therefore,

Net pay = gross pay - tax deductions

Hence,

Net pay = $1560 - $294.37

             = $1265.63

Hence, Net pay is $1265.63.

To learn more about Net pay visit:

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100 points what is a $499.00, $579.00, $364.99 and a $749.00 purchase with 7.5% sales tax

Answers

Answer:

$499.00 - 7.5% tax =  $536.43

$579.00 - 7.5% tax = $622.43

$364.99 - 7.5% tax = $392.36

$749.00- 7.5% tax = $805.18

499.00$-536.425$
579.00$-622.425$
364.99$-392.364$
749.00$-805.175$
Workup in photo below. Good luck.

What is the simple interest earned on $2500.00 that earns 3.5% interest for 24 months?

Answers

Answer:

[tex]simple \: interest = si \\ si = \frac{p \times t \times r}{100} \\ = \frac{2500 \times 3.5 \times 1}{100} \\ = 87.5[/tex]

Could someone please help me with this?

A regular child admission ticket to the San Diego Zoo is $52. If you have a special pass, you can get a 20% discount on the original ticket price. What is the discounted amount of the ticket when you use the discount?

Answers

The answer is $10.40

Emily has 4 gallons of water. Ryan has 12 quarts of water. How many more cups of water does Emily have than Ryan​?

Answers

Answer:

16

Step-by-step explanation:

12 quats into cups = 48 cups

4 gallons into cups = 64 cups

64-48= 16 cups more than Ryan

The answer would be 16, because 12 quarts = 48 cups. 4 gallons = 64 cups. So, 64 - 48 = 16 cups more than Ryan.

A $60 video game is on sale for 30% off! How much money will you SAVE ?

Answers

Answer:

YOu will save 18 $

Step-by-step explanation:

Answer:

The game would be 42 dollars

Step-by-step explanation:

Joseph, Maria and Rebecca each win a prize.
Their total prize money is $30.
Joseph wins 7/12 of the $30.
Maria wins 30% of the $30.
Rebecca wins the rest of the $30.
Calculate the amount each receives.​

Answers

Answer:

           Joseph:  $ 17.5 ;  Maria:  $ 9 ;  Rebecca:  $ 3.5

Step-by-step explanation:

Joseph:      [tex]\frac7{12}\cdot30=\frac72\cdot5=\frac{35}2=\$\,17.5[/tex]

Maria:      [tex]30\%\cdot30=0.3\cdot30=\$\,9[/tex]

Rebecca:  30 - 17.5 - 9 = $ 3.5

Solve for x ????????????

Answers

Answer:

x = 8°

Step-by-step explanation:

since the angles are vertical angles, they are equal

3 + 14x = 115

14x = 112

x = 8

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