Jaxon invested $58,000 in an account paying an interest rate of 2.7% compounded
quarterly. Assuming no deposits or withdrawals are made, how much money, to the
nearest dollar, would be in the account after 14 years?

Answers

Answer 1

Answer:

A≈84536

Step-by-step explanation:

Answer 2

After 14 year span, the money in the account would be $84,535.62.

Given that,
Jaxon invested $58,000 in an account paying an interest rate of 2.7% compounded quarterly.

What is compound interest?

Compound interest is the interest on deposits computed on both the initial principal and the interest earned over time.

Here,
principal(P)  =  85000
rate(r) = 2.7% = 0.027
Time(a)  = 14 years,
n = 4  
Apply compound interest identity,
Amount = principal[1 + r/n]ⁿᵃ
Amount = 58000[ 1 + 0.027/4]⁴ˣ¹⁴
Amount = 84,535.62

Thus, After a 14-year span, the money in the account would be $84,535.62.

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Related Questions

When Kim works 40 hours in a week, she earns $560. If she works only 35 hours, how much should she expect to earn?

Answers

Answer:

$490

Step-by-step explanation:

$560 divided by 40 is $14 an hour and 14 times 35 is 490, so $490.

Answer:

£490

Step-by-step explanation:

So you do 560 divided by 40, which is 14 then you × 35 by 40 =£490.

If the domain for
f (x) = 3x + 2 is
{-2,4,7}
What is the range?

Answers

Substitute all of domains in the function.

[tex]f(-2)=-6+2=-4\\f(4)=12+2=14\\f(7)=21+2=23[/tex]

So the range is {-4,14,23}

Diego buys 4.25 pounds of mushrooms. Each pound costs $2.99. Which expression gives the best estimate of the cost of the mushrooms?
(4)($2)
(4)($3)
(5)($2)
(5)($3)

Answers

Answer:

(4)($3)

Step-by-step explanation:

Given parameters:

Quantity of mushroom bought = 4.25pounds

Cost of each mushroom  = $2.99

Unknown:

Best estimate for the cost of the mushroom = ?

Solution:

The cost of the mushroom is:

 Total cost = quantity of mushroom bought x cost of each mushroom

  Total cost  = 4.25 x 2.99

    You can round 4.25 to 4 and 2.99 to 3

                  Or  4 x 3 = $12

Answer:

(4)($3)​

Step-by-step explanation:

A number line shows the integers from -20 to 20 Describe where you would plot -30 +6.2

Answers

Answer:

12rt2y3heheu3g6je4uf

(2+5i) - (-6+3i)
and please show work

Answers

2+5i+6-3i

It is 8+2i

Answer:

(i = 1)

Step-by-step explanation:

(2+5i) - (-6+3i)

(2+5i) + (6+3i)

(2+6=8) and (5i+3i=8i)

8i = 8

_____

8     8

(i = 1)

A store clerk has 45 shirts to pack in boxes. Each box holds 6 shirts. What is the fewest boxes the clerk will need to pack all of the shirts?

Answers

Answer:

Answer- 8 cause 6 x 7 =42 he would need another on

Step-by-step explanation:

Answer:

8 boxes.

Step-by-step explanation:

We have to find out how many times 6 goes into 45.

45/6 = 7.5

Unfortunately, you can't have half a box. To correct this and be able to find the fewest amount of boxes, you simply round to the nearest whole number.

In this case, since the max amount of shirts that can fit in a box is 6, you must round up.

7.5 rounded up is 8.

The fewest amount of boxes you need is 8.

What is the slope of the line that passes through the points (1, -8) and (-5, 10)?

Answers

Hi

You have two points     A ( X;Y)  and B ( X ; Y)

slope is   :    ( Yb -Ya)   / (Xb -Xa )

A (1; -8)   B ( -5 ; 10)

so :    '  (10 - -8 )  /  ( -5 - 1) =   18 /-6 =  -3

Jacob works as a mechanic at an hourly rate of $36 and earns time and a half for for any overtime. Last week he worked 37 hours plus 8 hours
overtime. What was his total pay?

A. 1432.00
B. 43
C. 1764.00
D. 1332.50​

Answers

Answer:

1620 which isn't there so I'm probably wrong but maybe c or a

Step-by-step explanation:

all we do is 36(37+8) and first we do 37 plus 8 that's 45 so 45×36

help me plz I need to finish these test corrections toooddayyyy

Answers

Answer:

I thank it is B.

Step-by-step explanation:

What is the slope of a line perpendicular to the line whose equation is
4x – 2y = –16. Fully reduce your answer.

Answers

The slope would be -1/2

Please answer ASAAP! ILL GIVE BRAINLIEST

Answers

Answer:

If you use 30 instead of 15, that means that  your sum will double

Step-by-step explanation: 30 is double 15

Please help and answer fast!!!! Could you also please give me an explanation of how to figure out the answer!!!

Answers

Answer:

PLEASEEEEEE

Step-by-step explanation:

CAN I HAVE BRAINLIEST PLEASEEEE

PLEASE ANSWER THIS ASAP QUESTION IS AT BOTTOM OF SCREEN

Answers

Answer:

make sure tooooooooooo

Robert found a game spinner that was not completely labeled. The spinner is shown at right. Help Robert figure out what fraction of the spinner is missing.

Circle with four unequal sections, labeled: 1 third, blank, 1 sixth, 3 eighths.

Answers

Step-by-step explanation:

Where is the image of the spinner shown?

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Answers

Answer:

A is your answer.

Step-by-step explanation:

The quickest way to find this is to count the whole numbers between each point given in the answers and look for the answer that falls between 2 and 3 units.

Answer A, -31/2 and 1 is the only answer that meets this criteria.

HELP!!!
write the linear equation of the given table

Answers

Answer: y = 1.5x + 3

Step-by-step explanation:

given that 4x:3 = 11:7 calculate x

Answers

Answer: The answer is 33/28 or 1.17

If it's rounded it will be 1.18

Step-by-step explanation:

494 divided by 14 is
remainde

Answers

Answer:

494 divided by 14 = 35 with a remainder of 4.

Step-by-step explanation:

The remainder is the integer "left over" after dividing one integer by another to produce an integer quotient (integer division).

To calculate remainder, work the division in your calculator as normal. Once you have the answer in decimal form, subtract the whole number, then multiply the decimal value that's left by the divisor of your original problem. The result is your remainder.

I hope this was helpful to you! If it was, please consider rating, pressing thanks, and marking my answer as 'Brainliest.' It would help a lot. Have a wonderful day.

PLEASE help find measure of angle - TEst review today

Answers

Answer:

both measured would be 25 and 19

Step-by-step explanation:

Answer:

x=4

Step-by-step explanation:

if x equals 4 then 21x+4 equals 88 and 23x-4 equals 88 too.

Find the surface area of this cuboid.
3 cm
5 cm
2 cm

Answers

Answer:

62 cm^2

Step-by-step explanation:

the sides are 3*5, 3*2, and 2*5, and there are two of each. 3*5 is 15, 3*2 is 6, and 2*5 is 10.

we need to find 15*2, which is 30, 6*2, which is 12, and 10*2 which is 20. then we need to add all of these together, which is 62

What is the equation of a line that passes through (-6, 2) and has a slope of `-(1)/(2)'?
OA.
'y = (x)/(2)-2
'y=-(x)/(2)-1
OB.
O c.
'y = 2x +11
OD.
‘y = -2x-1

Answers

Answer:

y =[tex]-\frac{1}{2}[/tex] x + 5

Step-by-step explanation:

Given parameters:

Coordinates = (-6,2)

Slope  = [tex]-\frac{1}{2}[/tex]

Unknown:

Equation of the line that passes through = ?

Solution:

The equation of a line is expressed as;

        y  =mx + c

y and x are the coordinates

m is the slope

c is the y-intercept

    let us find c;

       2  =  [tex]-\frac{1}{2}[/tex]  x 6 + c

       2  = -3 + c

        c  = 5;

The equation of the line is;

        y =[tex]-\frac{1}{2}[/tex] x + 5

Please help. I think the answer is 30 but I’m not sure

Answers

It’s 30 I think, just go for it good luck

5 (5) - -2 =

( worth 10 points)

Answers

Answer:

I think 27 is the answer

I think the answer is 27

Please answer 2 question

Answers

Answer:

x= 23

Step-by-step explanation:

180 minus 3 is 87

3 times 23

87

4x =64 find x in exponential equations

Answers

Answer:

X=16

Step-by-step explanation:

4/64

x=16

if you earn $35 in 5 hours, how much money will you earn in 17 hours? how much will you earn in 1 hour?

Answers

Answer:

$119, $7.

Step-by-step explanation:

First, we need to find the unit rate of pay, in dollars.

Divide $35 by 5 to get $7 per hour.

Now, we multiply the unit rate of pay by 17 to find out how much money is made in the 17 hours that were worked.

By doing this, we get the answer: $119.

Hope this helps! Let me know.

What is the solution to the inequality 75 > x/15?
______________________________________
A) x 1,125

C) x 5
______________________________________

Answers

Answer:

75 > x/15

Step-by-step explanation:

Step 1: Mulitply the 15 on both sides in order to get the x by it self.

Step 2: Simplify. 75 x (15) >x/15 x (15)

Step 3: The 15 on the right hand side cancels out leaving the x by itself.

Final Answr: 1125 > x which translates to x < 1125

 The solution to the inequality is: A) (x > 1125)

To solve the inequality 75 > x/15, we need to find the range of values for x that satisfy the inequality.

First, we can start by isolating x on one side of the inequality. To do that, we can multiply both sides of the inequality by 15 (since 15 is a positive number, we don't need to reverse the inequality sign):

75 * 15 > x

Now, simplify the left side of the inequality:

1125 > x

So, the solution to the inequality is x < 1125, which means all values of x that are less than 1125 will satisfy the inequality.

Visually, if we plot the graph of y = x/15 and y = 75, we'll see that y = x/15 is a straight line with a positive slope of 1/15 passing through the origin, and y = 75 is a horizontal line parallel to the x-axis at the y-coordinate of 75. The solution to the inequality is the region below the line y = 75, which corresponds to the values of x that are less than 1125.

In real-world terms, this inequality represents a scenario where 75 is greater than some fraction of x divided by 15. To satisfy the inequality, x must be less than 1125. For example, if x represents the number of items sold in a store, this inequality would indicate that the store must sell fewer than 1125 items to meet the condition. The store's sales would need to be less than 1125 * 15 = 16,875 to maintain the inequality's validity. Beyond this point, if the store sells more items, the inequality would no longer hold true.

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If you have a positive numerator but then a negative denominator while doing slope is it a Negative or Positive slope?

Answers

Answer:

Step-by-step explanation:

If either the numerator or a denominator in a fraction is negative, the slope if negative. However, if both the numerator and denominator are negative, it is positive.

The sign of the slope depends on the sign of the numerator and the denominator.

What is the slope of a line?

The slope of a line is given by the ratio of the change in the y-coordinate to the change in the x-coordinate between any two points on the line.

If the numerator is positive and the denominator is negative, then the overall sign of the fraction will be negative. Therefore, the slope will be negative.

For example, suppose the numerator is 3 and the denominator is -2. Then, the slope would be:

slope = 3/(-2) = -1.5

This means that the line has a negative slope, which indicates that the line is decreasing as it moves from left to right.

Thus, the slope of a line is negative if it is sloping downwards from left to right, and positive if it is sloping upwards from left to right.

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a regular pentagon is inscribed in ur let of radius 8cm. find the length of one side of the polygon​

Answers

9514 1404 393

Answer:

  9.404 cm

Step-by-step explanation:

A regular polygon with n sides inscribed in a circle of radius r will have a side length given by ...

  s = 2r·sin(180°/n)

For r = 8 and n = 5, this gives a side length of ...

  s = 2·8·sin(180°/5) = 16·sin(36°) ≈ 9.404 . . . cm

The Gill family got a new puppy. The new puppy weighed 7.2 pounds when they got him. Within the first two months, the puppy gained 80% of his original weight. What is the weight of the puppy at the end of two months?

a 5.76 pounds
b 12.96 pounds
c 8.64 pounds
d 8 pounds
explain plzzz

Answers

Answer:

B. 12.96

Step-by-step explanation:First, you need to find 80% of 7.2 which is 5.76. Then, you add 7.2 plus 5.76 and that gives you 12.96.

Answer:12.69

Step-by-step explanation:

7.2 pounds + 80% =

12.96 pounds im telling you

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